AlphaValue Corporate Services
Cette analyse a été commandée et financée par l’entreprise concernée et constitue donc un avantage non-monétaire mineur tel que défini par MIFID2

Dolfines

CR
Bloomberg   ALDOL FP
Ingénierie lourde  /  France  Web Site   |   Investors Relation
Acquisitions and new management ensure growth but financing still a headache
Objectif
Potentiel 48,5 %
Cours (€) 0,00
Capi (M€) 7,70
Perf. 1S: 14,3 %
Perf. 1M: 0,00 %
Perf. 3M: 167 %
Perf Ytd: 60,0 %
Perf. relative/stoxx600 10j: 16,5 %
Perf. relative/stoxx600 20j: 1,09 %
NAV Change04/07/2019

Changement de NAV€ 2,17 vs 2,36-8,19 %

We have updated our model, including the potential dilution stemming from the 500,000 stock purchase warrants (strike price €1.00). We have modelled for the settlement of the stock purchase warrants by 2020 and 2021, impacting the DCF and NAV by €0.35 and €0.39, respectively.



Changement de DCF€ 1,85 vs 2,03-8,58 %

See comments on potential dilution stemming from the stock purchase warrants above. The DCF is impacted by €0.35.



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