Geht die Erholung der CSN-Aktie weiter?

Seit der Nachricht über die Rekordumsätze hat sich der Kurs der Aktie fast verdoppelt. Zu den Jahreshochstständen ist aber noch viel Luft. Geht die Erholung weiter?

Die Companhia Siderúrgica Nacional gehört zu den 20. größten börsennotierten Unternehmen Lateinamerikas. Die Dividendenrendite kann sich sehen lassen.  

CSN Posts Record Steel Revenue and Sales Volume in 1H13

http://online.wsj.com/article/PR-CO-20130806-914194.html?mod=crnews  

Oct 28, 2013
Q3 2013 Companhia Siderurgica Nacional Earnings Release

http://www.google.com/finance?cid=662795  

"Cia Siderurgica Nacional (NYSE:SID) was upgraded from Hold to Buy at Standpoint Research today. The stock closed yesterday at $5.46 on volume of 14.0 million shares, above average daily volume of 8.1 million."

http://www.mysmartrend.com/news-briefs/...ia-siderurgica-nacional-sid

 

"CSN Posts Record Steel And Mining Revenue In 3Q13

PR Newswire

SAO PAULO, Nov. 14, 2013

SAO PAULO, Nov. 14, 2013 /PRNewswire/ -- CSN - Companhia Siderurgica Nacional
(BM&FBOVESPA: CSNA3) (NYSE: SID) announces its results for the 3Q13 and 9M13:

 o CSN posted record net revenue of R$4.7 billion in 3Q13, 15% up on 2Q13.
   Year-to-date net revenue came to R$12.4 billion, also a new record;
 o Adjusted EBITDA totaled R$1.7 billion in 3Q13, 51% up on the R$1.1 billion
   recorded in 2Q13, fueled by the mining and steel segments;
 o The consolidated EBITDA margin reached 31% in 3Q13, the highest quarterly
   figure since 4Q11;
 o Net revenue from steel operations reached the record amount of R$3.2
   billion in 3Q13, 2% up on 2Q13. In the first nine months, steel revenue
   came to R$9.3 billion, 17% more than in 9M12 and another new record;
 o Total steel sales in 9M13 amounted to 4.7 million tonnes, while domestic
   steel sales totaled 3.6 million tonnes, both 8% up year-on-year and also
   new records;  
 o Third-quarter net revenue from mining operations reached R$1.6 billion,
   67% higher than in 2Q13.
 o Iron ore shipped through Tecar, in the Port of Itaguai, reached its
   highest ever volume of 8.3 million tonnes in 3Q13;
 o Net revenue from port logistics (Tecon) was also a record, totaling R$133
   million in 9M13, 22% up year-on-year, with a record number of 194 thousand
   containers handled;
 o CSN's cement sales in the first nine months reached an all-time high of
   1.5 million tonnes, generating record net revenue of R$308 million;
 o CSN closed the third quarter with cash and cash equivalents of R$14.4
   billion.

The full Earnings Release is available on CSN's IR website at
www.csn.com.br/ir.

CSN will be hosting conference call about its 3Q13 Earnings on THURSDAY,
November 14^th, 2013, at 11:00 a.m. (US ET) in Portuguese with simultaneous
translation into English. Connection details may be obtained on the Company's
IR website.

Investor Relations
David Salama
Investor Relations Executive Officer
Phone: +55 11 3049-7588
david.salama@csn.com.br

SOURCE CSN - Companhia Siderugica Nacional"

http://www.bloomberg.com/article/2013-11-14/a99yut_vdjW0.html

 

"CSN Maintained at Outperform

We recently maintained our Outperform recommendation on Companhia Siderurgica Nacional (SID), or CSN, anticipating it to outperform the broader market.

Why Outperform?

CSN is a well known name in the Brazilian steel industry, engaged primarily in the production of hot and cold-rolled flat steel, galvanized sheet, and tin plate for the packaging, automotive, and construction industries.

Over the long term, CSN is well positioned to leverage benefits from the rising wave of infrastructural requirements in the domestic and international markets. The World Steel Association predicts global steel consumption to grow 3.1% in 2013 and 3.3% in 2014. Instabilities in the U.S. and the Eurozone are abating while China has recently shown solid signs of growth, favoring growth prospects of steel makers.

[...]"


http://finance.yahoo.com/news/csn-maintained-outperform-184003087.html  

2013 waren es insgesamt mehr als 30 Cent pro Aktie Dividende.
In diesem Jahr wurden bereits 9 Cent (3%) gezahlt.
Das kann gerne so weiter gehen.  

"Brazil steel maker Companhia Siderurgica Nacional plans to expand its presence in the domestic rebar market.

Mr Fernando Martinez executive director at CSN said that “The company has just entered in the long products segment and is eyeing a 9% market share in the rebar industry. CSN is already produces rebar. Brazil’s domestic rebar should reach 4.5 million tonnes this year.”"

http://www.steelguru.com/international_news/...bar_market/340832.html  

Der Boden schein nun gefunden.
Kommt jetzt der Rebound?
CSN ist ja nicht nur in Brasilien tätig, sondern auch in den USA und Europa etc. vertreten.  

Ist CSN auf einem guten Weg?
Zumindest gab es in Q4 2014 wieder einen Gewinn:

"CSN reverte prejuízo e lucra R$ 67 milhões no 4º trimestre"
http://economia.uol.com.br/ao-vivo/2015/03/12/...estre-20150312142500  

Heute gibt es das zweite Mal in diesem Jahr Dividende.

19.03.15 Dividende   0,0610 EUR
08.01.15 Dividende   0,0627 EUR

Da kann man nicht meckern.  

Heute 100.000 auf einen Schlag in Berlin.
Hat da jemand Insiderwissen?  

CSN tem lucro de R$392 milhões no 1o trimestre, Ebitda cai 37%

http://economia.uol.com.br/noticias/reuters/2015/...ebitda-cai-37.htm  

"Brazil steelmaker CSN posts surprise Q1 profit, shares rise

May 6 (Reuters) - Brazil's CSN reported a first-quarter net profit of 392 million reais ($128.5 million) on Wednesday, defying analyst expectations of a loss, as the steelmaker successfully cut costs and increased revenue."

http://www.reuters.com/article/2015/05/06/...amp;feedName=companyNews  

"Brazil CSN says exploring asset sales, but not in advanced talks

Brazilian steelmaker CSN said on Monday it is exploring various options to reduce its debt level, including asset sales, but is not involved in talks over which it would be legally obliged to inform the market.

CSN Chief Executive Benjamin Steinbruch told reporters earlier on Monday that the company was looking to sell under-performing assets, without giving further details. (Reporting by Stephen Eisenhammer; Editing by Leslie Adler)"

http://www.reuters.com/article/2015/07/13/...amp;feedName=companyNews  

"Brasilianischer Stahlproduzent CSN muss abspecken

Nicht nur Thyssenkrupp hat Probleme in Brasilien. Der brasilianische Flachstahlproduzent Companhia Siderurgica Nacional (CSN) wird einige seiner nicht zum Kerngeschäft gehörenden Geschäftsfelder veräußern. CSN-Chef Steinbruch hatte allerdings ganz andere Pläne. ..."

http://industriemagazin.at/a/...her-stahlproduzent-csn-muss-abspecken  

"CSN refinancing 2016, 2017 loans with Banco do Brasil source says

RIO DE JANEIRO/SAO PAULO, Sept 3

Brazil's Cia Siderurgica Nacional is in talks to refinance debt due in 2016 and 2017 with state-run Banco do Brasil and a deal could be announced as early as next week, a source said on Thursday.

The amount of CSN debt under discussion with Banco do Brasil is close to the 2.57 billion reais ($687 million) of 2016-2017 debt that the Sao Paulo-based steelmaker renegotiated with state-owned Caixa Econômica Federal in an accord announced earlier on Thursday, the source said. (Reporting by Alberto Alerigi and Jeb Blount; Additional reporting by Guillermo Parra-Bernal; Editing by Lisa Shumaker)"

http://www.reuters.com/article/2015/09/03/...eedName=financialsSector