Picanol

You'd better be

BEARISH                                                          A SITTING DUCK                                 BULLISH

PIC.BR (ISIN: BE0003807246)

Picanol NV is a Belgium-based company engaged in the development, production and sale of weaving machines and other high-tech, industrial products, systems and services. 

Market: Euronext Brussels

http://www.picanolgroup.com

Fair value: 84 €

Discount: 4%
Average yearly return: 40%
Yield: 0.2%
Outperformer

On October 27, 2016:
Picanol NV announced that it has acquired a block of 1 million shares in Tessenderlo Chemie nv * Acquisition price of 28.92 euros ($31.55) per share