ʻO Alleima (OTC: SAMHF) kahi hui hou e like me ka mea i wili ʻia mai Sandvik (OTCPK: SDVKF) (OTCPK: SDVKY) i ka hapa lua o 2022. ʻO ka hoʻokaʻawale ʻana o Alleima mai Sandvik e hiki ai i ka mea mua ke hoʻomaopopo i ka hui- ʻAʻole wale ka māhele o ka hui Sandvik nui.
ʻO Alleima ka mea hana i nā kila kila kila kiʻekiʻe, nā huila kūikawā a me nā ʻōnaehana hoʻomehana.ʻOiai ʻo ka mākeke kila kila holoʻokoʻa e hoʻopuka i 50 miliona mau tons i kēlā me kēia makahiki, ʻo ka mea i kapa ʻia ʻo "advanced" stainless steel sector he 2-4 miliona tons wale nō i kēlā me kēia makahiki, kahi e hana ai ʻo Alleima.
Hoʻokaʻawale ʻia ka mākeke no nā alloys kūikawā mai ka mākeke kila kila kila kiʻekiʻe e like me kēia mākeke pū kekahi me nā alloys e like me titanium, zirconium a me nickel.Kūleʻa ʻo Alleima i ka mākeke niche o nā umu ʻenehana.'O ia ho'i, ke kālele nei 'o Alleima i ka hana 'ana i nā paipu ma'ema'e a me nā paipu kila kila, he māhele kū'ai kūikawā loa ia (no ka la'ana, nā mea ho'ololi wela, ka aila a me ke kinoea umbilicals a i 'ole nā kila kūikawā no nā pahi kīhini).
Hoʻopaʻa inoa ʻia nā ʻāpana Allima ma ka Stockholm Stock Exchange ma lalo o ka hōʻailona ticker ALLEI.Aia i kēia manawa aia ma lalo o 251 miliona mau ʻāpana kūʻokoʻa, e hopena i ka mākeke mākeke o kēia manawa he SEK 10 biliona.Ma ke kumukūʻai kūʻai o kēia manawa o 10.7 SEK a i 1 USD, ʻo ka nui o ka mākeke o kēia manawa ma kahi o 935 miliona USD (E hoʻohana wau iā SEK ma ke ʻano kumu kālā ma kēia ʻatikala).ʻO ka awelika o ke kālepa kālepa i kēlā me kēia lā ma Stockholm e pili ana i 1.2 miliona mau ʻāpana i kēlā me kēia lā, e hāʻawi ana i kahi kālā kālā ma kahi o $ 5 miliona.
ʻOiai ua hiki iā Alleima ke hoʻokiʻekiʻe i nā kumukūʻai, ua haʻahaʻa nā palena kālā.I ke kolu o ka hapaha, ua hoike mai ka hui i ka loaa ma lalo iho o SEK 4.3 biliona, a oiai ua pii ma kahi o ka hapakolu i ka hoohalikeia me ke kolu o ka hapaha o ka makahiki i hala, ua pii ke kumukuai o na waiwai i kuaiia e oi ma mua o 50%, i alakai ai i kahi. hoemi i ka waiwai holookoa.
ʻO ka mea pōʻino, ua hoʻonui ʻia nā kumukūʻai ʻē aʻe, e hopena ana i ka poho hana o SEK 26 miliona.I ka noʻonoʻo ʻana i nā mea nui ʻole e hoʻomau ʻia (me nā kumukūʻai spin-off e pili ana i ka de facto spin-off o Alleima mai Sandvik), Underlying and Adjusted EBIT he SEK 195 miliona, e like me Alleima.He hopena maikaʻi loa kēia i hoʻohālikelike ʻia i ke kolu o ka hapaha o ka makahiki i hala, aia nā mea hoʻokahi o SEK 172 miliona, ʻo ia hoʻi ʻo EBIT i ke kolu o ka makahiki 2021 he SEK 123 miliona wale nō.Hōʻoia kēia i ka hoʻonui ʻana o 50% i ka EBIT i ke kolu o ka hapaha o 2022 ma kahi kumu hoʻoponopono.
ʻO ia hoʻi, pono mākou e lawe i ka make ʻana o SEK 154m me kahi ʻāpana paʻakai e like me ka hopena hiki ke haki a kokoke paha.He mea maʻamau kēia, no ka mea, aia kahi hopena kau ma ʻaneʻi: ʻo ka maʻamau, ʻo nā mahina kauwela ma Alleim ka nāwaliwali loa, ʻoiai ʻo ke kauwela ma ka ʻāpana ʻākau.
Hoʻopilikia pū kēia i ka hoʻololi ʻana o ke kapena hana e like me ka hana maʻamau o Allima i nā pae waihona i ka hapa mua o ka makahiki a laila hoʻolilo i kēlā mau waiwai i ka hapa ʻelua.
ʻO ia ke kumu ʻaʻole hiki iā mākou ke hoʻonui wale i nā hopena hapahā, a i ʻole nā hopena 9M 2022, e helu i ka hana no ka makahiki piha.
ʻO ka ʻōlelo ʻana, hāʻawi ka 9M 2022 Cash Flow Statement i kahi ʻike hoihoi i ka hana ʻana o ka ʻoihana ma ke kumu kumu.Hōʻike ka pakuhi ma lalo nei i ka hōʻike kālā kālā a hiki iā ʻoe ke ʻike he maikaʻi ʻole ke kahe kālā i hōʻike ʻia mai nā hana ma SEK 419 miliona.ʻIke ʻoe i ka hōʻiliʻili kālā hana ma kahi o SEK 2.1 biliona, ʻo ia hoʻi ʻo ka hoʻololi ʻana o ke kahe kālā ma kahi o SEK 1.67 biliona a ʻoi aku ma mua o SEK 1.6 biliona ma hope o ka unuhi ʻana i nā uku hoʻolimalima.
ʻO ka hoʻopukapuka kālā makahiki (mālama + ulu) ua manaʻo ʻia ma 600 miliona SEK, ʻo ia hoʻi ʻo ka hoʻopukapuka kālā maʻamau no nā hapaha mua ʻekolu he 450 miliona SEK, ʻoi aku ma mua o ka 348 miliona SEK i hoʻolilo maoli ʻia e ka hui.Ma muli o kēia mau hopena, ʻo ke kahe kālā manuahi maʻamau no nā mahina ʻeiwa mua o ka makahiki ma kahi o SEK 1.15 biliona.
He mea paʻakikī paha ka hapahā ʻehā no ka mea ke manaʻo nei ʻo Alliima i ka SEK 150m ka hopena maikaʻi ʻole i nā hopena o ka hapaha ʻehā ma muli o nā kumukūʻai kūʻai, nā pae waihona a me nā kumukūʻai metala.Eia nō naʻe, ʻoi aku ka ikaika o ke kahe o nā kauoha a me nā palena kiʻekiʻe ma muli o ka hoʻoilo ma ka ʻāpana ʻākau.Manaʻo wau e kali paha mākou a hiki i 2023 (hiki paha i ka hopena o 2023) e ʻike i ke ʻano o ka hui ʻana i ka headwind pōkole o kēia manawa.
ʻAʻole kēia manaʻo he ʻino ʻo Alleima.ʻOiai ke poʻo o ka manawa pōkole, manaʻo wau e loaʻa ka waiwai o Alleima i ka hapaha ʻehā me ka loaʻa kālā he SEK 1.1-1.2 biliona, ʻoi aku ka kiʻekiʻe o ka makahiki kālā o kēia manawa.ʻO ka loaʻa kālā he SEK 1.15 biliona e hōʻike ana i ka loaʻa kālā o kēlā me kēia mahele ma kahi o SEK 4.6, e hōʻike ana e kūʻai ana nā ʻāpana ma kahi o 8.5 mau manawa.
ʻO kekahi o nā mea aʻu i mahalo nui ai, ʻo ia ke koena ikaika loa o Alleima.Ua hana pololei ʻo Sandvik i kāna hoʻoholo ʻana e wili iā Allima, me kahi helu koena o SEK 1.1 biliona kālā a me SEK 1.5 biliona i kēia manawa a me ka manawa lōʻihi i ka hopena o ke kolu o ka hapaha.ʻO ia ke ʻano o ka hōʻaiʻē ʻupena ma kahi o SEK 400 miliona wale nō, akā ua komo pū ʻo Alleima i nā aie hoʻolimalima a me nā penikala i kāna hōʻike ʻana i ka hui.ʻO ka nui o ka hōʻaiʻē net ua manaʻo ʻia ma SEK 325 miliona, e like me ka hui.Ke kali nei au i ka hōʻike makahiki piha e ʻimi ai i ka ʻaiʻē ʻoihana "official", a makemake nō hoʻi au e ʻike i ke ʻano o ka hoʻololi ʻana o ka uku paneʻe i ka uku penikala.
I kekahi hihia, ʻo ke kūlana kālā ʻupena o Alliima (ʻaʻole hoʻi i nā aie penikala) e hōʻike paha i kahi kūlana kālā ʻupena maikaʻi (ʻoiai e hoʻomau ʻia kēia i nā hoʻololi i ke kapikala hana).ʻO ka holo ʻana i ka ʻaiʻē me ka ʻole o ka hui e hōʻoia pū i ke kulekele hoʻokaʻawale ʻana o Allima no ka puʻunaue ʻana i 50% o nā waiwai maʻamau.Inā pololei kaʻu mau manaʻo no ka FY 2023, manaʻo mākou i ka uku hoʻokaʻawale o SEK 2.2–2.3 no kēlā me kēia pāhele, e loaʻa ana i ka hopena o 5.5-6%.ʻO ka uku ʻauhau maʻamau ma luna o nā ʻāpana no nā poʻe ʻaʻole kamaʻāina ʻo Suedena he 30%.
ʻOiai paha e lōʻihi ka manawa no Alleima e hōʻike maoli i ka mākeke i ke kahe kālā manuahi hiki iā ia ke hoʻopuka, ʻike ʻia ke kumukūʻai ʻoi aku ka maikaʻi.Ke manaʻo nei i kahi kūlana kālā o SEK 500 miliona ma ka hopena o ka makahiki aʻe a me ka EBITDA maʻamau a hoʻoponopono ʻia o SEK 2.3 biliona, ke kālepa nei ka ʻoihana ma kahi EBITDA i emi iho ma mua o 4 mau manawa o kāna EBITDA.Hiki ke ʻoi aku ka hopena o ke kahe kālā manuahi ma mua o SEK 1 biliona i ka makahiki 2023, pono e hoʻokaʻawale i ke ala no ka hoʻokaʻawale maikaʻi ʻana a me ka hoʻoikaika ʻana i ka waihona kālā.
ʻAʻohe oʻu kūlana ma Alleima i kēia manawa, akā manaʻo wau he mau mea maikaʻi i ka wili ʻana iā Sandvik ma ke ʻano he hui kūʻokoʻa.
Ka Manaʻo o ka Luna Hoʻoponopono: Kūkākūkā kēia ʻatikala i hoʻokahi a ʻoi aku paha nā palekana i kūʻai ʻole ʻia ma nā hoʻololi nui o US.E makaʻala i nā pilikia e pili ana i kēia mau hoʻolaha.
E noʻonoʻo e hui pū me European Small-Cap Ideas no ka loaʻa kūʻokoʻa i ka noiʻi hana i nā manawa hoʻopukapuka hoihoi e pili ana i ʻEulopa a hoʻohana i ka hiʻohiʻona kamaʻilio ola e kūkākūkā i nā manaʻo me nā poʻe like!
Hōʻike: ʻAʻohe oʻu/ʻaʻohe o mākou waiwai, nā koho a i ʻole nā kūlana derivatives like i kekahi o nā ʻoihana i luna aʻe a ʻaʻole mākou e manaʻo e lawe i kēlā mau kūlana i loko o nā hola 72 e hiki mai ana.Naʻu kēia ʻatikala i kākau a hōʻike i koʻu manaʻo ponoʻī.ʻAʻole i loaʻa iaʻu kekahi uku (koe wale no ka ʻimi ʻana iā Alpha).ʻAʻohe oʻu pilina ʻoihana me kekahi o nā hui i helu ʻia ma kēia ʻatikala.
Ka manawa hoʻouna: Jan-09-2023