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Bullboard - Stock Discussion Forum Banca I.F.I.S Spa BNCIF

Financial Services Banks - Global
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... see more

GREY:BNCIF - Post Discussion

Banca I.F.I.S Spa > Mill
View:
Post by frank1971 on Apr 11, 2017 9:38am

Mill

As I have been intimating all along this mill is a non-factor.It cannot be refurbished .This is reflected in the minimal effect on the share price.
Comment by Goldfather on Apr 11, 2017 9:47am
You say " minimal effect on share price"...... well it's now  .20, from the .45. ...... surely not all from LOI cancel, but sure looks affected to me.   Am I missing something ?
Comment by mcintma on Apr 11, 2017 9:49am
LOL was gonna say the same thing. If this holds 20 today I daresay we've hit bottom (max pessimism) , and gradually it will go up.
Banca I.F.I.S Spa