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Banca I.F.I.S Spa BNCIF

Banca Ifis is an independent banking group specializing in the collection of trade receivables, non-performing loans, and tax receivables. The group's credit is exposed mostly to Italy and other European nations. Its trade receivables segment focuses on growing trade finance loans and providing liquidity to Italian small and medium-sized enterprises. Approximately one-third of its loan portfolio is from government and public administration, whereas two-thirds are from the private sector. The gro


GREY:BNCIF - Post by User

Post by iknolmon Jul 16, 2017 5:07am
125 Views
Post# 26473848

fcc and csk

fcc and cskhi, im read up about this upcoming deal and aware of the different opinions and parties involved, what i find hard to get my head around is the value traded by fcc at 0.76cad.... one shouldnt compare companies as a rule but i have shares in katanga mining who produce many hundred of thousands of tonnes of copper and cobalt and are in tthe drc also, theyre valued at .82 cad after refit and coming up fast, but their historical data is low for various reasons.... my concern is that fcc,s pump giving it a higher than it should be worth, is due for a relatively negative downward spiral because its not producing anything !... or am i wrong ?... csk seems to be in need of cash and advancement but this seems to the detriment of its shareholders, at least initially.... am i wrong here also ?.... my question is this, how can fcc uphold its value with nothing but costs in the near future?...... the implications are negative but i wish it were otherwise
csk mill and all activity towards producing an income from that angle is a bonus from all the easily available ore, but what investment is needed to mine more ore?... 
theres a chance that fcc,s value may go up after the halt but if you study katangas size and its investors and cobalt percentage you,ll see my concernes more essily
i have some csk shares and wonder if its worth buying many more to make a profit after the halt.... sorry to mention another company on the forum here but its a worthwhile yardstick to measure against, 
please respond with unbiased opinions/observations for this newbi
cheers from sweden
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