An "undervalued" debt ratio or "exaggerated" concern due to "misconceptions" for Nyrstar?
Financial markets are not just about numbers. Investing in the stock exchange also requires that he dares to believe in one or more projects. Because we can see the same situation and draw a different interpretation.
An "undervalued" debt burden or "excessive" worries because of "misconceptions"?
Take Nyrstar. Investors and analysts have been worried about his financial health for several weeks now. The net loss increased by 133% in the first half year to 49 million euros, and his total debt reached 1.5 billion euros June 30, 2018. Even more if we think an ABN Amro report has been released on Wednesday, in which the bank retains its rating to sell and distribute four on the course's purpose.
"The concerns about the balance are exaggerated", answers Goldman Sachs the next day as he calls out"some misconceptions about prepayments of metalsThe commercial bank repeats its recommendation to "buy" the value.
So who to believe? Do I have to buy or sell the Nyrstar share? Everyone will form his own opinion. For his part, the market has hesitated a lot, the price that sometimes goes up or down before he chooses: Nyrstar climbed 0.27% on Thursday to 4.48 euros.