Right before the last OPEC meeting in December 2018 and to avoid the classic noise surrounding the Oil market, I tried to get a better understanding of the supply-demand at that time. My conclusions were: “Oil market is correctly supplied, with a small excess of roughly 500k barrels for each of the last 2 quarters.But […]
Archives for February 2019
Auto Sales – Impact from tariffs
Automobile Industry had a very difficult 2018. China had a very tough year with sales down yoy. Europe was flat but German Production is down 9% in 2018. … What about 2019 and brexit impact (specially for Germany)? What about possible tariffs from the U.S. on European vehicles and Auto parts? Let’s have a quick […]
Market Capitalization vs Enterprise Value.
The concept of Enterprise Value is one of the first thing I looked at during my mentoring program. If anyone is only mentioning Market Capitalization for justifying a company’s valuation, that person is missing the big picture. Market Capitalization could be the tree that hides the forest. For example, recent move in General Electric stock […]