Altus Strategies Share Discussion Threads

[spangle93] 14/2/2022 07:58

Never mind the cost, just admire the flexibility

[kaos3] 14/2/2022 07:43

from 9 % to 10 % ;)

[kaos3] 11/2/2022 07:47

nature of the beast

[waldron] 11/2/2022 06:59

Goldman Sachs' research confirms its advice and maintains its neutral opinion on the matter. The price target is lowered from EUR 33 to EUR 29.

[misca2] 10/2/2022 11:30

Consensus

Mean consensus OUTPERFORM

Number of Analysts 18

Last Close Price 26,57 €

Average target price 41,75 €
Spread / Average Target 57,1%

High Price Target 50,00 €
Spread / Highest target 88,2%

Low Price Target 25,00 €
Spread / Lowest Target -5,91%

[ariane] 09/2/2022 08:02

Alstom to deliver 40 trams to the city of Gothenburg for €100 million

[waldron] 09/2/2022 05:15

Worldwide Autonomous Train Industry to 2027 - Featuring ABB, Alstom and Belden Among Others


News provided by
Research and Markets

Feb 08, 2022, 10:45 ET


DUBLIN, Feb. 8, 2022 /PRNewswire/ -- The "Autonomous Train Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.

The global autonomous train market reached a value of US$ 7.9 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 11.4 Billion by 2027, exhibiting a CAGR of 6.2% during 2022-2027. Keeping in mind the uncertainties of COVID-19, they are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor

Autonomous trains are driverless mass-transit locomotives that are monitored from the control station and operated automatically without any human intervention. Some of the commonly used autonomous passenger and freight trains include metros, monorails, light rails and high-speed rail or bullet trains. They are managed through stations that control the arrival, departure, movement, and automatic halting of the trains. Autonomous trains consist of an odometer, tachometer, radio set, camera, and accelerometer. In comparison to manually controlled trains, autonomous trains have improved acceleration capabilities, enhanced system efficiency, and reduced ongoing operational costs while providing consistent train speed and safety

The increasing electrification and automation of the transportation industry is one of the key factors driving the growth of the market. Autonomous trains are integrated with advanced systems that provide improved control over stopping, departure and movement of the locomotive between stations. They also offer automatic and sensor-based opening and closing of doors to enhance passenger safety and convenience.

Moreover, the rising demand for safe, secure, and efficient transport systems is providing a thrust to the market growth. Autonomous trains run on ground and underground levels and are highly secured by walls and fences to prevent trespassing and fatalities. Additionally, various technological advancements, such as the integration of the Internet of Things (IoT) and artificial intelligence (AI) solutions with railway systems, are favoring the market growth.

These technologies aid in improving the overall operational efficiency and maintaining freight operations and systems. In line with this, the widespread adoption of communications-based train control (CBTC) technology to reduce the time intervals between trains is positively impacting the market growth. Other factors, including the implementation of various government initiatives to improve public transportation systems, along with rising environment consciousness among the masses, are anticipated to drive the market toward growth

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being

ABB Ltd.,

Alstom SA,

Belden Inc.,

Bombardier Inc.,

CAF Construcciones y Auxiliar de Ferrocarriles S.A.,

CRRC Corporation Limited,

General Electric Company,

Hitachi Ltd.,

Kawasaki Heavy Industries Ltd.,

Mitsubishi Heavy Industries Ltd.,

Siemens AG,

and Thales Group

[waldron] 09/2/2022 04:54

NUR-SULTAN, Kazakhstan, Feb. 9

By Sadraddin Aghjayev - Trend:

Alstom has successfully delivered 37 freight locomotives to Azerbaijan, Trend reports on Wednesday from the solemn delivery ceremony of Prima T8 AZ8A freight locomotives under a contract with Azerbaijan Railways.

The dispatch of the 39th and 40th locomotives to Baku is scheduled for February 14, 2022. The 38th freight locomotive is currently being transported to Baku.

In 2014, ADY (Azerbaijan Railways) awarded a contract to EKZ, Alstom’s joint venture with Russia's Transmashholding (TMH), for a total 50 electric locomotives, including 40 Prima T8 AZ8A heavy freight locomotives and 10 Prima M4 AZ4A passenger locomotives.

The Prima T8 AZ8A is based on the KZ8A locomotives currently in service in Kazakhstan and ADY’s specific technical requirements and is compliant with GOST standards and specifications.

Alstom’s Prima T8 is one of the most powerful electric locomotives in the world. This model is a 25 tons per axle two-section freight locomotive capable of towing up to 9,000 tons and running at 120 km/h, with installed continuous power of 8.8 Megawatts. The AZ8A is designed to operate in temperatures ranging from -25°C to 50°C. It requires minimum maintenance and provides high reliability levels and low lifecycle costs thanks to its modular design.

Alstom’s Prima range is covering all market segments of locomotives from heavy-haul, freight and passenger operation and shunting or trackwork operation. Over the past 20 years, more than 3,200 Prima locomotives (more than 4,600 sections) have been sold worldwide.

Alstom is present in Western & Central Asia with more than 850 people, three country offices, four depots, repair center and two plants, EKZ in Nur-Sultan for electric locomotives manufacturing and maintenance and production of on-board transformers, and KEP in Almaty to produce point machines. Alstom is a major contributor to the revitalization of country’s mobility industry and the development of its economy.

[waldron] 09/2/2022 04:51

Might the above news impact the sp

[waldron] 09/2/2022 04:50

Ukrzaliznytsia, Alstom sign memo of understanding

CEO of Ukrzaliznytsia JSC Oleksandr Kamyshin and CEO of Alstom Henri Poupart-Lafarge have signed a memorandum of understanding.

The signing took place at a press conference of Presidents of Ukraine and France Volodymyr Zelensky and Emmanuel Macron in Kyiv on Tuesday.

Earlier, at this press conference, Zelensky said that on February 8, Ukraine and France finalized the agreements and switched to the practical stage the implementation of the project on the supply of 130 ALSTOM locomotives worth EUR 900 million.

As reported, in May, Ukraine and France signed a framework intergovernmental agreement on financing the supply of 130 heavy-duty electric locomotives worth EUR 900 million for Ukrzaliznytsia by Alstom. The document was ratified by the Verkhovna Rada on July 1, 2021.

Alstom welcomed the ratification of the intergovernmental agreement and said that "the next important step is the signing of commercial agreements in the second half of 2021." This will allow Alstom to start supplying locomotives to the Ukrainian market, which will also include 35% local content associated with the production and maintenance of electric locomotives.

Alstom is one of the world leaders (along with Siemens and Bombardier) in the production of power equipment and railway transport. It operates in more than 70 countries.

[waldron] 09/2/2022 04:47

France to provide Ukraine with EUR 200 mln loan, guarantee for EUR 1 bln for joint projects

The French Republic will provide Ukraine with EUR 1.2 billion of program funding that can be used for joint projects, Deputy Head of the President's Office Rostyslav Shurma has said.

"Today, the President of France announced a new program of financial cooperation with Ukraine. In addition to the already allocated macro-financial assistance of EUR 1.2 billion from the European Union, the French side allocates another EUR 1.2 billion of program funding," the presidential press service said, citing Shurma.

According to him, EUR 200 million of this amount will be provided in the form of a loan, another EUR 1 billion – in the form of financial guarantees, under which Ukraine will be able to receive loans from French banks on favorable terms.

At the same time, it is specified that the funds received under program funding can be directed to joint Ukrainian-French projects.

"The directions for which these funds can be used will be additionally agreed with the French side and will provide for the involvement of French suppliers and contractors," Shurma said.

[waldron] 09/2/2022 04:44

15:40 08.02.2022


Ukraine, France agree on delivery of 130 Alstom locomotives worth EUR 900 mln to Ukraine – Zelensky

Ukraine and France have agreed on delivery of 130 locomotives made by France's ALSTOM Transport SA for a total of EUR 900 million to Ukraine, President of Ukraine Volodymyr Zelensky said.

"Today, we have finalized the agreements and put into practice the implementation of a very important project for the supply of 130 ALSTOM locomotives for EUR 900 million," he said at a joint press conference with French President Emmanuel Macron on Tuesday in Kyiv.

He also said that the agreement on the supply of 370 units of Desautel fire and rescue equipment worth EUR 300 million to Ukraine has been finalized.

According to Zelensky, the project to build patrol boats in Mykolaiv for the State Border Guard Service is currently being implemented.

"Ukraine and France will continue to develop cooperation with Airbus regarding the creation of a national air carrier," he said.

As reported, the relevant framework agreements were concluded in May last year.

[p1nkfish] 08/2/2022 09:46

Some migh have gone the other way.
i hold a bit of both.

[robertstronghand] 08/2/2022 09:39

Be nice if some of the buying in Trident spilled over here, anaemic volume.

[adrian j boris] 08/2/2022 08:57

spoke too soon



TRANSLATION


08/02/2022 09:18 | DayByDay | 12 |
Sale of the ALSTOM 7287T PUT Warrant at EUR 0.315 (+70%)

Analysis:

ALSTOM continued its bearish movement and pushed the major support to 27.81 EUR.

Prices are accelerating downwards and are now in contact with the support area between 26.04 EUR and 25.31 EUR.

We take advantage of this move to unwind the second part of the position taken on the Alstom 7287T PUT Warrant.

[adrian j boris] 08/2/2022 08:49

are we about to see a upward bounce

current support apparently 25.44 euros

lets hope the algo robot chartists have recorded a change of direction

[grupo] 07/2/2022 08:31

Alstom
27.46 +1.37%

[grupo] 07/2/2022 08:05

Services: It's a people business
02/07/2022 | 06:58am GMT


The services market worldwide is a very buoyant market and we will see continued growth. Passenger demand was increasing across the world, but obviously COVID has impacted that, but the need for rail will always be there and will continue to grow. Train operators are under pressure to stimulate passenger growth and make rail even more safe, given the current climate. They also have pressures on costs and efficiency.

Our investments in services are increasing because we see market demand escalating. For instance, with the pandemic, as part of our Healthier MobilityTM portfolio, we have been able to offer different types of filters which eliminate COVID-19, alongside introducing new cleaning techniques and products which kill the virus on contact. So the way we maintain, and present trains has changed.

We're also constantly innovating to offer customers digital solutions to improve maintenance activities as mentioned earlier, including condition-based and predictive maintenance tools, and solutions for optimisation of fleet planning and monitoring, maintenance workload and execution.

The pressures in the market are positive for our skills because we are able to bring solutions that improve the environmental footprint, drive costs out and improve efficiency and performance.

But I am not complacent, we need to make sure that we continue to develop our people and expand our diversity, so that our skill sets continue to evolve to reflect the changing demands of the industry and our technologies remain cutting edge.

Overall, the positive for the industry is that Alstom is well placed to be able to respond to clients' commercial pressures, now and in the future.

[pendragon2] 06/2/2022 15:48

waldron - i also trade and move on, but will keep an eye on developments.

[waldron] 06/2/2022 15:30

Must admit, i prefer to take a more worldly viewpoint

I WILL trade this share and if there is a substantial move up in the forthcoming weeks and months will take my profits and invest elsewhere

all the best PEN

[pendragon2] 06/2/2022 15:24

It is actually confusing to think of Bombardier railway assets as a coherent modern business, being cobbled to together from former East German railway workshops after successive rationalisations and modernisations soaked up huge amounts of state subsidy and massive redundancies. I think B moved in with the expectation that some value could be achieved by tighter management and reconfiguring production, design etc as systems like the Berlin S-bahn and former East rail was in desperate need of modernisation.

In practice, they've progressed modernisation, but the financial commitments were onerous and there were issues, for example with the wheels and bogies in Berlin (s-bahn is like london district line/commuter lines) that meant profits were much lower than anticipated.
........................
Trains everywhere seem to have been transformed in the last 20 years and are being taken much more seriously than in C20.

Revamp of Berlin-Hamburg track this year now means 250kilometres in 1hr 45mins with cheapest seats about €10. Munich-Hamburg, 800km - just under 6hrs, including 6 station stops. (by comparison:london-aberdeen about 600km and substantially longer - estimates vary typically - 7.5-9.5hours)

This whole change of status, welcome imho, is what interests me in Alstom.


(edit - the old east german rail industry was a major international player, exporting large numbers of top level locos, especially goods trains, worldwide. DDR economy was much more interesting than the official post unification narrative - optics and scientific instruments - praktika, pentacon, zeiss jena, railway equipment Salzgitter, Hennigsdorf etc, bespoke digital control systems for industry - computing in Dresden, prefab concrete high rise system housing kits exported in huge volumes throughout eastern bloc to China.)

[pendragon2] 05/2/2022 21:45

We might also anticipate the sale to CAF will involve some transfer of borrowings and commitments linked to the Bombardier assets involved, for example, employer liability for redundancies, should that question arise at Hennigsdorf, for example.

[grupo guitarlumber] 05/2/2022 12:57

with all that i am expecting a tick up pretty soon

even a substantial gap up

[waldron] 05/2/2022 12:43

No matter how i look at it, alstom seems to be oversold due primarily to chartists taking the helm

Looks like 2022 requires more debt resulting from negative free cash flows but this seems to be well covered

Reading too much into potential interest rate rises might have made algo robots prompt this sell off

[waldron] 05/2/2022 12:36

In Europe, Alstom communicated to employee representatives its plan to transform the German organisation with a stronger focus on signalling and services while it will adjust its capacity in some of the German production sites.

As part of its commitments to the European Commission in relation to the acquisition of Bombardier Transportation, the Group announced in November 2021 the sale of the Coradia Polyvalent platform, the Reichshoffen site and the Talent 3 platform to CAF and the transfer of Bombardier Transportation’;s contribution to the V300 ZEFIRO very high-speed train to Hitachi Rail.

Closing of the CAF transaction is expected in H1 2022/23, while the Hitachi transaction could be closed in the first semester of 2022 calendar year.

Alstom successfully refinanced its two Revolving Credit Facilities (RCF) in January 2022.

The 5-year main RCF was increased from €1.5 billion to €2.5 billion with a maturity extended to January 2027 and will be a backstop to the Group’s €2.5 billion NEU CP program. The €1.75 billion RCF maturity was extended to January 2025.

Both facilities have two one-year extension options at lenders’ discretion and are currently undrawn.

This further reinforcement of the Group’s liquidity demonstrates Alstom’s commitment to a conservative financial policy and the strong support it benefits from its banking pool.