TGLS: Updated View Better Than Anticipated

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• Publié par: nosebillie80
• Publié le: 20 février 2016
• Nombre de lectures: 0
• Licence : En savoir +
  Paternité, partage des conditions initiales à l'identique
• Langue: English

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tecnoglass brought up to date TGLS is a number one processing business of structural glass. In the current interview through Colombian journalEl Tiempo, Chief Operating OfficerChristian Daesand PresidentJose Manuel Daesoffered a good improved point of view than ever before estimated. Despite excellent growth and profits, stock trades in a major reduction to competition. Stock has reduced considering the larger stock exchange recently, but thesis is robust as it ever was. TecnoglassInc. (NASDAQ:TGLS) is a number one producer of tempered, laminated, insulated, silk screened-in and bowed glass for application in great residential and commercial buildings. There's a former information concerning the fact that they would buy and sell from a lower multiple when compared with competitors, regardless of their particular superior profits as well as growth rate, coming dividend initiation, and rapidly growing backlog. Whilst the stock has gone down in recent days combined with the greater offering sell-off, a basically unnoticed article in a Colombian journal offers us more conviction than we've had in TGLS. A big section of Tecnoglass' business came from very vast commercial and residential building projects. Many of these projects are often scheduled a number of years in advance, which offers Tecnoglass a sizable backlog, by means of balanced and estimated earnings. Their unique business earnings are so foreseeable that most of the corporation provided full year 2016 revenue guidance at the start of 2015. At that time, they estimated 2016 revenue increase of 20%, implying guidance of $288 million. They have repeated that range all over that year, yet increased their EBITDA steering starting a scope of eigthy to $85 million to a range of $85 to $90 million us$, a representation of their amplified rates. On January seventeen, 2016, Colombian magazineEl Tiempoan interview with posted TecnoglassChief operating officerChristian Daesand Chief Executive OfficerJose Manuel Daes that talked over a number of aspects of the organization's execution, inclusive of their forcasts for this year. In that interview, Daes suggested that 2016 income could be more than 1,100,000 million Colombian Pesos, that converted at the current exchange rate, equates to $330 million $, 15% superior than the guidance, or a 33% expansion ratio yearly over year. At moments of market volatility, shareholders can be increasing involved in placing their money in safe and secure equity. In TGLS, a person acquire a company with better than 21% revenue expansion, thirty percent EBITDA margins, a sizable along with rising backlog, and an imminent share that will provide close to five-percent, in addition to transactions at just 4x 2016 EBITDA, that makes this an brilliant investing chance that is probably not going to last very long. For additional information: h t t p : / / w w w . b a b s o n l a t i n a m e r i c a . c o m / f o r u m 2 0 1 5 / c h r i s t i a n - daes/http://www.manufacturingglobal.com/article/tags/1446/Christian-Daes

http://energiasolarsa.com/en/jose-manuel-daes/ http://www.elheraldo.co/economia/no-hemos-aceptado-ofertas-por-tecnoglass-seguimos- invirtiendo-en-barranquilla-christian http://www.manufacturingglobal.com/Tecnoglass/executives/Jose%20Manuel-Daes/91 Jose Manuel Daes