Opinions
Drummond Brodeur
Aluminum Corporation of China
ACH-N
DON'T BUY
Sep 26, 2008
He is quite concerned about aluminium. There is still a significant oversupply globally. This company also has cost increases coming up, increasing pressure on their margins.
$16.620
Stock price when the opinion was issued
non-base metal mining
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DON'T BUY
Very large Chinese company with government ties. Enormous presence in the aluminum and industries. Looking to diversify their metals. Expect they will look for assets in Australia or Africa. Expect aluminium to come in the later part of the cycle and is not reacting that well at the moment.
non-base metal mining