Altus Strategies Share Discussion Threads

[ariane] 21/4/2022 11:25

Alstom
22.35 +4.88%

[ariane] 21/4/2022 10:58

Light Rail
April 21, 2022
Written by Richard Clinnick


THE Department of Transport for the Australian state of Victoria has awarded Alstom a framework agreement worth approximately $A 1.02bn ($US 763.7m) to provide 100 low-floor Flexity LRVs for operation in Melbourne.

The contract includes a 15-year maintenance contract, which Alstom claims makes it the largest LRV contract in the southern hemisphere.

Manufacturing will commence in 2023, and delivery of the first LRVs will begin in 2025. They will enable the replacement of the existing high-floor LRV fleet from the Melbourne network by 2032.

Alstom will manufacture the LRVs at its Dandenong facility in Victoria. The manufacturing aspect of the contract has 65% local content, while the maintenance element has 85%.

The LRVs will have capacity for up to 150 passengers, which is up to double the capacity of the existing fleet. They will feature onboard energy storage system (OESS) and the first ever street-boarding wheelchair lift. The vehicle design is adaptable from a three-bogie 25m-long vehicle to a four-bogie 35m-long vehicle depending on the capacity required.

Each LRV will have multi-purpose areas offering space for strollers, bicycles and wheelchairs. The LRVs will be air-conditioned and will feature a noise-optimised interior design. They will also be equipped with driver obstacle detection assistance system (ODAS) and a new design and ergonomically optimised driver’s seat.

As part of the $A 1.85bn Next Generation Tram project, a new LRV maintenance and stabling facility is being developed and is planned for part of the vacant former student accommodation site in Maidstone.

IRJ Pro.

[maywillow] 20/4/2022 08:36

(MT Newswires) -- Alstom (ALO.PA) and its consortium partners received a multibillion-dollar mobility project in Toronto, Canada, by Metrolinx and Infrastructure Ontario.

The On-Corridor Works Project of the GO Expansion program will provide a number of updates and improved mobility in the Greater Toronto and Hamilton Area, according to a Tuesday release.

Alstom will provide new electric locomotives, train control systems, a new traction power system and network electrification. It will also upgrade the existing Go Transit BiLevel rolling stock and other systems and equipment and provide maintenance services for the new locomotives and signaling systems for 25 years.

Alstom's consortium partners are Aecon Group, Deutsche Bahn International Operations and FCC Construcción.

[robertstronghand] 19/4/2022 08:20

In the Feb presentation says they are looking to do a deal on Diba, presumably after the updated MRE and PEA which they say will be in the next three months. Should be very attractive to Allied as a satellite deposit to Sadiola, with gold well above $2000 by then we should see an attractive deal for a company of Altus's size, and allow for paying off the loan from Sawiris with some cash left over.

[the deacon] 15/4/2022 10:06

EMX taking a bigger slice of Caserones, but this time Franco are getting involved too. Certainly validates Altus' royalty purchasehttps://ceo.ca/@newsfile/emx-acquires-additional-royalty-interest-on-caserones

[pendragon2] 14/4/2022 08:23

Hoorah for Humphrey Jennings and the GPO Film Unit.

Alstom get a nice contract for Dallas Fort Worth Airport link.

[robertstronghand] 13/4/2022 22:10

Just want to see that close above 60p and off we go, gold looking so strong.

[the deacon] 13/4/2022 10:58

Bit of life here...good to see. Like the prospects of this one.

[waldron] 12/4/2022 12:37

Invest Securities

reaffirms its 'buy' opinion on Alstom despite a price target

lowered from 41.2 to 34.4 euros

[waldron] 12/4/2022 12:18

An extract from
WH AUDENS 'NIGHT TRAIN'

This is the Night Mail crossing the border,
Bringing the cheque and the postal order,
Letters for the rich, letters for the poor,
The shop at the corner and the girl next door.
Pulling up Beattock, a steady climb:
The gradient's against her, but she's on time.
Past cotton-grass and moorland boulder
Shovelling white steam over her shoulder,
Snorting noisily as she passes
Silent miles of wind-bent grasses.

[waldron] 12/4/2022 12:15

IRJ

InternationaRailJournal


Freight
April 12, 2022
Written by David Carmona


Alstom and Engie collaborate to develop hydrogen supply chain

Engie plans to develop 4 gigawatt of renewable hydrogen production capacity by 2030.

ALSTOM has signed a partnership agreement with Engie to develop a hydrogen logistics and refuelling chain for freight locomotives operating on non-electrified lines.

The partners believe they can work together to accelerate the development of hydrogen as a viable, clean alternative to diesel. Under the partnership, Alstom will design a high-power hydrogen fuel cell and Engie will develop a supply chain to provide the hydrogen.

Engie plans to develop 4 gigawatt of renewable hydrogen production capacity by 2030, with a 700km dedicated hydrogen supply network and 1 terawatt-hour of storage capacity serving 100 refuelling stations.

The announcement follows a successful live test conducted by Alstom and Engie in March 2020 in the Dutch Province of Groningen, where renewable hydrogen was used to refuel a Coradia iLint passenger train.

[sarkasm] 09/4/2022 09:27

LM

"Stabilizing Bombardier's challenging legacy projects
Transport had a material impact on our cash flow generation
free and our profitability in H1 2021/22.

Bombardier Integration Transport takes place according to our plans with an improvement now already visible from operational efficiency, we are fully
confident in our ability to improve our profitability and
free cash flow generation by relying on a very strong market
porter and our 75,000 colleagues.

We continue an active dialogue with
our investors to explain our trajectory and our
ability to hold it.

We look forward to seeing you on May 11th for the
publication of our annual results which will be followed by an Investor Day."

ALSTOM

[the grumpy old men] 08/4/2022 09:56

: Citigroup reduces its price target from 47 to 42 EUR.

[misca2] 06/4/2022 15:30

Oddo BHF confirms its 'outperformance' opinion and its price target of 33 euros on Alstom, pending 2021/22 results which, according to it, "should confirm the announcements made at the July CMD (and reiterated in November)".

The design office forecasts an adjusted EBIT 2021/22 of 759 million euros, or a margin of 4.9%, and believes that the transport equipment manufacturer should, as announced, achieve a positive FCF in the second half (126 million euros).

"If the management manages during the publication to reassure on the situation of its balance sheet and the prospects of FCF, the stock should react well," predicts Oddo, adding "if it meets its objectives, it will be able to do without a call to the market".

[misca2] 06/4/2022 10:11

Alstom agree to deliver 25 high-speed trains to Sweden

Alstom have signed an agreement with SJ to supply 25 Zefiro Express electric high-speed trains to Sweden, the contract is valued around €650 million.


Alstom has signed a historic agreement with Sweden’s national rail operator SJ to supply 25 Zefiro Express electric high-speed trains, with an option of 15 additional trains. The contract for the first firm order is valued at around €650 million. The new trains will effectively be Sweden’s fastest ever, capable of operating at maximum speeds of 250km/h. The first train is scheduled for delivery in 2026.

“Alstom is immensely proud to be delivering these new high-speed trains to SJ,” Rob Whyte, Managing Director of Alstom Nordics, said. “This is a historic agreement that will change the way passengers travel across the country. With concerns about climate change, high-speed rail is the primary alternative to air travel. It’s comfortable, convenient, and now very fast. This is a trend we see everywhere, and Alstom is the leader in this domain with experience from several high-speed train projects around the world.”


The Zefiro Express trains are designed to operate in harsh weather conditions, even when temperatures drop as low as -40C, and their cutting-edge technology will ensure that passengers will have a safe and comfortable journey. The floors in the train carriages are flat and ramp-free, which allow easy passage on, off and along the train. The state-of-the-art trains will each have a total capacity of 363 seats, providing passengers with an exceptional travel experience, the trains have been ergonomically designed for maximum comfort and feature premium seating and lighting. The carriage width, electrical systems, and signalling systems have been developed with an understanding that the trains will run in both Sweden and Denmark, but they will also be certified for traffic in Norway.

The Zefiro Express is part of Alstom’s high-speed train Avelia platform, the largest offering on the market, covering maximum operating speeds between 200 km/h and 350 km/h. Almost 3,000 high-speed trains with Alstom technology have been sold worldwide over the last 40 years.

[ariane] 06/4/2022 08:16

PARIS (Agefi-Dow Jones)--Gas and electricity supplier Engie and rail equipment manufacturer Alstom announced Wednesday that they have signed a partnership to develop a solution to decarbonize freight locomotives from renewable hydrogen.

The financial elements of this partnership have not been disclosed.

Under the terms of the agreement, Alstom will offer a "hydrogen solution from a high-power fuel cell system that can power electric locomotives in non-electrified sectors" while Engie will supply this solution with renewable hydrogen "through the deployment of an innovative supply chain," the two groups said in a joint statement.

The target market for this zero-emission solution is "that of the major European rail freight countries", Engie and Alstom added.

[pendragon2] 06/4/2022 08:03

The regional trains deal agreed via the EU demands when Bombardier was taken over should come soon.

Will we find it has been overtaken by events?

If, not, if so, when will some news emerge.

As a reminder: 24 November 2021 – Alstom announced today that it has agreed to divest its Coradia Polyvalent platform, its Reichshoffen production site in France and its TALENT3 platform, currently developed in Hennigsdorf, Germany to CAF.

The divestment of the relevant businesses was a condition for the clearance of the Alstom/Bombardier transaction by the European Commission.

CAF is pleased with this transaction which will enable it to continue its development thanks to the skills and know-how of the concerned sites. CAF continues to invest in France consolidating its position in this country and at the same time the Group will boost its activities in the German and center European markets.

The divestiture project will be subject to the completion of the applicable social processes and consultations with employee representatives̵7; bodies and to regulatory approvals. Closing of the transaction is expected between April and September of 2022.

[adrian j boris] 05/4/2022 14:10

Alstom hires Mercer for £1.6bn fiduciary brief

Fiduciary arrangement covers three UK pension schemes

Jonathan Stapleton

clock 05 April 2022 • 1 min read


Dan Melley is partner and head of UK investments at Mercer
Alstom UK’s Common Investment Fund has appointed Mercer to provide fiduciary management services to three UK pension schemes with assets totalling £1.6bn.

The Alstom trustees selected Mercer following a review of their in-house asset management arrangements and were supported by PwC throughout the process.

Mercer will provide portfolio management, operational and implementation support to help deliver the trustees' long-term objectives.

The appointment further grows Mercer's fiduciary business which now totals £58bn in the UK and $415bn (£316bn) of assets under management globally as of 31 December 2021.

Commenting on the appointment, Common Investment Fund chair Ken Brundle said: "After an exhausting and highly competitive tender process we have selected Mercer as our fiduciary manager.

"We believe Mercer is best placed to help us move through the next part of our journey for these schemes. The Mercer team and the deep resources that it brings, gives us the skills and expertise that we require. Key to their appointment was recognising their flexible and collaborative approach to help us design and implement our specific journey."

Mercer partner and head of UK investments Dan Melley said: "We are extremely pleased to be working with the trustees and I am confident that our focus on building unique solutions for each and every client will deliver their requirements. This appointment also reconfirms the momentum we have seen in the market of £1bn-plus schemes reconsidering their governance approach. We expect to see this trend continue."

[adrian j boris] 05/4/2022 10:14

UBS reaffirms its 'buy' recommendation on Alstom with a price target lowered from 47 to 44 euros, a new target that still leaves a potential increase of 109% for the share of the transport equipment manufacturer.

"Despite the problems with the execution of the legacy order book at Bombardier, Alstom does not expect additional provisioning to be necessary and believes that free cash flow will be positive in the 2022-23 financial year," the broker said.

[adrian j boris] 05/4/2022 10:11

Alstom Receives Order For 29 Double-Deck Electric Trains From Germany's DB Regio
04/04/2022 | 08:20am BST


(MT Newswires) -- Alstom (ALO.PA) received a contract from Germany's DB Regio for 29 double-deck Coradia Stream trains.

The high-capacity electric trains will be used on the RE50 and RB51 lines, with commencement expected by December 2025, according to a Monday release.

[robertstronghand] 05/4/2022 08:20

Good spot Deacon on the copper hit, hopefully get some money directed here in the new tax year. Right at support, everything moving in the right direction, not far off the target of USD10m in royalty revenue. Looks like copper and gold are ready to jump again, should make getting a new debt facility easier.

[the deacon] 05/4/2022 07:58

Good looking revenue numbers this morning. Ahead of expectations

[the deacon] 04/4/2022 20:45

Excellent news for Altus, who have a royalty over the projecthttps://themarketherald.com.au/cannindah-resources-asxcae-mt-cannindah-deposit-returns-massive-copper-hit-2022-04-04/

[waldron] 01/4/2022 07:27

Already positive on the file, the research of JP Morgan and its analyst Akash Gupta still consider the stock as a buying opportunity. The course target is slightly changed from 38.00 to 37.50 EUR