We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Stock Type |
---|---|---|---|
Global SP Regs | GLBM | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
---|---|---|---|---|
8.75 | 8.75 |
Top Posts |
---|
Posted at 25/3/2008 15:50 by andy New in depth article here; |
Posted at 15/7/2007 13:48 by wassapper Globe Specialty Metals Inc. (London Stock Exchange AIM: GLBM), is among the world's largest producers of silicon metal and silicon-based specialty alloys, critical ingredients in a host of industrial and consumer products with growing markets.Our customers include major silicone chemical, aluminum and steel manufacturers, auto companies and their suppliers, ductile iron foundries, manufacturers of photovoltaic solar cells and computer chips, and concrete producers. We have major manufacturing facilities in the U.S. states of Ohio, West Virginia, Alabama and New York, as well as in the Brazilian state of Pará and Mendoza province Argentina. Our headquarters are in New York City. Our principal operating subsidiaries are Globe Metallurgical Inc., U.S., Globe Metais Indústria e Comércio S.A., Brazil (formerly CCM) and Globe Metales S.A., Argentina (formerly Stein Ferroaleaciones). SILICON METAL Our silicon metal is used by the chemical industry in the production of silicone compounds and by aluminum manufacturers to improve the useful properties of aluminum, as well as in the manufacture of polysilicon used in photovoltaic solar cells and electronic semiconductors. According to the metals industry research firm, CRU International, our US and Brazilian plants are among the most efficient producers of silicon metal in the world. Silicone compounds are the main raw material for a large and growing number of industrial and consumer products, including silicone rubber parts, urethane foam, sealants, adhesives, lubricants, food additives, coatings, polishes and cosmetics. Silicones are substitutes in many applications for petroleum-based compounds and the demand for silicones benefits from higher oil prices. Demand for aluminum has grown steadily in recent years, reflecting increased economic activity in both the developed and developing world, as well as new uses as a lighter, more economical replacement for other materials. Silicon metal consumption by aluminum manufacturers has grown accordingly. The fastest growing market for silicon metal is for use in the production of ultra-high-purity "solar grade" polysilicon, the basic material from which photovoltaic solar cells are manufactured. The Norwegian Institute of Technology's SINTEF research group projects continued rapid growth in this market, with solar cell usage exceeding current silicon usage for all other applications by 2020. We are well positioned to participate in this market, having already entered into supply agreements with solar-grade polysilicon manufacturers. ==================== They produce a number of other related products. Q1 2007 EBITDA was estimated at US$11.4m based upon a full quarter's earnings from new subsidiary CCM. Approx 56,673,584 shares outstanding plus 19,617,857 warrants (exercisable at $5 I believe) eps for 2007 based upon above 80.46 cents per share undiluted PER for 2007 of around 8 This is a growth company (cash rich) operating in a growth sector. |
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions