Arcelor Mittal my first investment 09.15.2015

My first investment is Arcelor Mittal. A large company, a leading global steel production, which has seen its market value. Currently it is trading 30% above its book value.

The company has been heavily penalized by the drop in sales of steel, which has led to accumulated losses in recent years and present some very bad ratios. However, in my opinion the company has been restructured and this along with the economic recovery will make the price of the company increased. At least up to 100% of its book value, ie its price pass of 6’93 today to 20.

My recommendation is to buy Arcelor Mittal MT options: 10,000 shares on NYSE, 8 maturing January 20, 2017, listed to 1.07. That is, we pay 10,700 dollars for the options.

We analyzed the ratios of Arcelor Mittal in which we draw:

P/E: N/A. The company has had losses, but in the last quarter has shown benefits.

EPS: -0’84 in previous periods, the company has had losses.

P / BV 0’30. The company is highly penalized in stock, trading at 30% of its value. This is what makes me more attractive company. I’m paying for it less than what it would sell for parts. This is my main ratio for deciding on an investment. Buy low, sell high.

Debt: 0.96. The debt of the company is not excessively high.

Altman Z-score: 0.51. This ratio would indicate imminent bankruptcy of the company. But I do not agree with his prediction because the debt is correct.

Piotroski 7.

 

arcelor mittal cotizaciones 11-9-15
Arcelor Mittal quotes over the past 5 years.

3 thoughts on “Arcelor Mittal my first investment 09.15.2015”

  1. 女生吃威而鋼 says:

    更是瘋狂地進攻差不多了由于絕大多數工業品仍然供過于求,經濟需求不存在 催情粉 明顯過熱的情況,2011年我國發生惡性通貨膨脹的可能性不大。但兩大因素 藥局 威而剛 決定2011年我國物價漲幅可能高于2010年。一是翹尾因素,由于最近幾個月的物價環比持續上漲,截至11月,翹尾因素對2011年物價的上行影響已經達到4個百分點左右,預計2011年翹尾因素將比這略高,給2011年物價調控帶來很大難度;二是推升近期物價上漲的因素并未消失,輸入型通脹的傳導 激情水 仍可能繼續顯現,國內勞動力成本上升仍可能推升處于緊平衡狀態的農產品價格,成本推動的價格上漲壓力仍然存在在穩健貨幣政策以及一系列價格調控措施治理下,2011年CPI漲幅可能位于4%

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