Fundamentals:
The company had some issues after taking over Bombardier, and getting outdated equipment.
They selling their products in 5-10 year contracts, so the price is fixed but costs rising all the time. Margin is in danger. They issued new shares in 2024 wich was also a bad sign.
But. The european infrastructure needs new trains. They expanding to Kazahstan and Portugalia as manufacturing locations. Also won contracts in Egypt and India. I think the worst is over, inflation peaked. And if recession hits, those contracts will be gold mine because of long-term obligations and falling costs.
Technicals.
The april low is reached again. Fell 50% from recent top. Harmonic 'bat' says it's a buy. Target is the €28 level.
Can fall lower? Yes, in 2023 it fell 60%, so €12 is also possible.
Can fall further? In 2024 it went sidewasy for half a year before taking off +150%. Now it's only went sideways for 77 days.
I will add on lower levels if it falls and wait for next earnings. This company only reports 2x a year.
Let me know your opinion in the comments.
The company had some issues after taking over Bombardier, and getting outdated equipment.
They selling their products in 5-10 year contracts, so the price is fixed but costs rising all the time. Margin is in danger. They issued new shares in 2024 wich was also a bad sign.
But. The european infrastructure needs new trains. They expanding to Kazahstan and Portugalia as manufacturing locations. Also won contracts in Egypt and India. I think the worst is over, inflation peaked. And if recession hits, those contracts will be gold mine because of long-term obligations and falling costs.
Technicals.
The april low is reached again. Fell 50% from recent top. Harmonic 'bat' says it's a buy. Target is the €28 level.
Can fall lower? Yes, in 2023 it fell 60%, so €12 is also possible.
Can fall further? In 2024 it went sidewasy for half a year before taking off +150%. Now it's only went sideways for 77 days.
I will add on lower levels if it falls and wait for next earnings. This company only reports 2x a year.
Let me know your opinion in the comments.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.