Cliffs Natural Resources. (WKN: A0RBDY)
"The business is now targeting an average cash breakeven price for FY16 of ~US$50/dmtii, (Platts 62% Fe CFR China), which at current prices would deliver an average contribution of ~A$16/dmtiii for the financial year.
This includes targeting an FOB loaded cash costiv of ~US$26/wmt (~A$35/wmt) and a total CFR into China cash cost including capital expenditure of US$45/dmt (~A$59/dmt)v in FY16.vi This includes a significant reduction in planned capital expenditure to US$5/t (~A$6/t)vii, down ~A$70 million from its prior FY16 target of A$13/t. Targeted sales for FY16 are 9 – 10 million tonnes, with grade for these sales expected to average ~58.5% Feviii. Further reductions in capital expenditure are planned post FY16, decreasing the business’ capital expenditure plan for FY16 – FY19 by ~$140 million.
The reduction in capital expenditure is expected to result in lower sales volumes of approximately 6 – 8Mtpa in FY17 – FY19ix, however the business retains the flexibility to increase capital expenditure (exploration, capitalised waste and stripping) and sales volumes subject to the external environment.
Underlying Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) for the year ending 30 June 2015 is expected to be between $335 million and $350 millionx. This includes stronger underlying earnings in the second half from both Mining Consumables and Steel, as well as the impact of lower iron ore prices in Mining.
In February, Arrium stated that it expected Group underlying earnings for the second half of FY15 to be greater than the first halfxi assuming prevailing iron ore prices and exchange rates continued through the balance of this financial year. Notwithstanding recent modest improvements in iron ore prices, the lower Group earnings expectation for the second half simply reflects the substantial deterioration in average iron ore prices since the February announcement."
3,84€
unvorstellbar... ich denke, BR ist stink sauer... die sind bei Cliffs mit >9% investiert!
ich befürchte, BR wird langsam auch aussteigen, dann ist die Hölle bei der Aktie los
die Analysten haben dann doch recht gehabt, ich wundere mich nur noch, was gerade mit den ganzen Rohstoffaktien los ist!
Is Cliffs Natural Resources (CLF) Stock a Solid Choice Right Now?
July 16, 2015
One stock that might be an intriguing choice for investors right now is Cliffs Natural Resources Inc.(CLF - Analyst Report). This is because this security in the Mining – Iron space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.
This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Mining – Iron space as it currently has a Zacks Industry Rank of 59 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there.
Meanwhile, Cliffs Natural Resources is actually looking pretty good on its own too. The firm has seen solid earnings estimate revision activity over the past month, suggesting analysts are becoming a bit more bullish on the firm’s prospects in both the short and long term.
In fact, over the past month, current quarter estimates have narrowed from a loss of 11 cents a share to a loss of 10 cents a share, while current year estimates have also narrowed from a loss of 12 cents per share to a loss of 10 cents per share. This has helped CLF to earn a Zacks Rank #2 (Buy), further underscoring the company’s solid position.
So, if you are looking for a decent pick in a strong industry, consider Cliffs Natural Resources. Not only is its industry currently in the top third, but it is seeing solid estimate revisions as of late, suggesting it could be a very interesting choice for investors seeking a name in this great industry segment.
http://www.zacks.com/stock/news/181891/...ght-now?cid=CS-ZC-FT-181891
Cliffs will announce Q3 2015 financial results before U.S.-market open Thursday, Oct. 29, 2015. A live broadcast of a conference call with securities analysts and institutional investors will discuss the results at 10 a.m. ET that morning.
The webcast link will be available in the Investors section of our website.
http://www.cliffsnaturalresources.com/EN/Pages/default.aspx
ich bin wieder dabei, diesmal aber nur noch mit 5t stück...
mal sehen, was nächste Woche passiert... der kurs könnte viel höher stehen... oder wenn die f. Ergebnisse schlecht sind, wird der kurs bei <2€
momentan sehe ich eine abwaertsbewegung, und der tiefpunkt istvnoch nicht erreicht ich beschreibs mal so wie wellen die abwaerts gehen wenn man unten bei der welle einsteigt macht man plus bis zum,oberen punkt danach geht die welle immer tiefer wie beim letzten mal schaetze faellt auf 1.5-1.8 euro da werde ich kaufen..
ich wuerde verkaufen- naechste woche geht die dax rally weiter und am montag kaufkurse-
aber dann alles in den sicheren hafen- schuldenschnitt fue grichenland und fed zinserhoehung dax steht der naechste sturzflug bevor... also immer auf der hut sein...