May 19, 2017

PCAS (formerly Produits Chimiques)

We feel like a Sitting Duck on the markets.

“It’s waiting that helps you as an investor, and a lot of people just can’t stand to wait.” – Charlie Munger

PCA.PA (ISIN: FR0000053514)

Pcas, formerly Produits Chimiques Auxiliaires Et De Synthese SA, is a France-based company engaged in the development and manufacture of complex molecules for life sciences and specialty chemicals markets. It operates through nine production sites and two main business units,

MARKET: Euronext Paris

www.pcas.fr


Gain over the last quarter: +21.9 % 


Fair value: 15.9 €
Premium: 3%
Average yearly return: 52%
Yield: 0.54%
Outperformer


On May 15, 2017: PCAS SA announced: :

* Q1 CONSOLIDATED REVENUE EUR 60.1 MILLION VERSUS EUR 45.3 MILLION YEAR AGO
* CONFIRMS ITS OBJECTIVES OF INCREASING TURNOVER IN 2017