Analyst action, ABN AMRO about Alcatel:
for what is worth:
fr.biz.yahoo.com
English translation:
Monday July 24 2000, 14h04
Alcatel: world number one of the broad band access, 24% of
potential
Recommendation To buy
Go back to recommendation... 19/07/2000
Run of recommendation... 76,5
Author David Seban Jeantet
Establishment Abn Amro (Paris: 12817.PA
- topicality )
Alcatel (Paris: 13000.PA - topicality ) should publish its semi-annual
results on next 27 July. For David
Seban Jeantet, the analyst who follows the value at ABN AMRO, a strong
growth is to be envisaged.
With semi-course it thus anticipates a growth of 125% of the turnover with
nearly 700 million euros and
a benefit Net to 533 million euros against 222 million the last year.
Before overvalues, the earning per
share should reach 0,79 euro for the first six months, that is to say 80%
of progression compared to
1999.
It in addition identifies a significant potential of revalorization for the
optical branch of Alcatel. Except
energy cables, this one counts for 30% from the sales and 40% of the
benefit. Catch separately, optical
the components activity could be developed to 40 euros by action by taking
account of the recent
transactions in the sector (bringing together between SDLI and JDS
Uniphase.)
The analyst considers finally that the company is ideally positioned to
benefit from the explosion of the traffic of the data thanks to its
position of world leader on the transmissions à.large.bande, that it is in
the ADSL or the local loop radio.
In spite of the course impressing already carried out, the analyst
estimates that there is still a beautiful potential of appreciation thanks
to the optical activity. For its part, it estimates the rebate of Alcatel
at nearly 30% compared to its competitors. It thus recommends
the purchase with objective of course which it raises with 95 euros (either
24% of potential of appreciation).
Copyright ¸ 2000 Concerto and Associés
Consultings of investment introduced by Concerto and Associated on the
Yahoo site! Finance constitute a selection of information
available on the site www.selectBourse.com
Run and current
events in rapport :
Abn Amro (Paris: 12817.pa , Current events , Graph )
Alcatel (Paris: 13000.pa , Current events , Graph ,
Profile , Consensus ) |
