Ternium's Moves and Global Expansion Drive Tenfold Profit leapTernium ( NYSE:TX ), a leading steelmaker with operations spanning across Latin America and the United States, has recently announced staggering fourth-quarter financial results, showcasing a remarkable tenfold leap in net income compared to the same period last year. This surge in profitability can be attributed to various strategic initiatives, including the consolidation of Brazilian steelmaker Usiminas and robust performance in key markets despite challenges such as import restrictions and currency fluctuations. Let's delve deeper into the factors driving Ternium's ( NYSE:TX ) exceptional growth and what lies ahead for this industry heavyweight.
Consolidating Market Dominance:
One of the pivotal moves contributing to Ternium's ( NYSE:TX ) remarkable financial performance is its strategic consolidation of Brazilian steelmaker Usiminas. By increasing its stake in Usiminas to 51.5% last year, Ternium ( NYSE:TX ) effectively expanded its market presence and bolstered its steel shipment volumes. This consolidation added 1.0 million tons to Ternium's ( NYSE:TX ) total steel shipments, propelling its growth trajectory significantly.
Strong Performance Amidst Challenges:
Despite facing headwinds such as import restrictions in Argentina and currency depreciation in the region, Ternium ( NYSE:TX ) managed to sustain strong performance in its key markets. The company's operations in Mexico witnessed robust demand from commercial customers, mitigating the impact of challenges faced in other regions. Furthermore, Ternium's ( NYSE:TX ) resilience in navigating through adverse conditions underscores its adaptability and strategic acumen.
Optimizing Operational Efficiency:
Ternium's ( NYSE:TX ) focus on operational efficiency and optimization has been instrumental in driving its financial success. The company's ability to more than double its adjusted core earnings (EBITDA) to $651 million during the fourth quarter reflects its commitment to enhancing profitability. Looking ahead, Ternium ( NYSE:TX ) anticipates continued sequential growth in EBITDA, supported by increasing shipments in Mexico and the U.S., while expecting a decline in Argentina due to anticipated drops in shipments.
Future Outlook:
As Ternium ( NYSE:TX ) moves into the first quarter of 2024, the company remains optimistic about its prospects. Usiminas, in particular, is keen on improving the profitability of its steel segment, indicating a strategic focus on enhancing operational efficiency and driving bottom-line growth. With a diversified geographic footprint and a strong emphasis on innovation and customer-centric solutions, Ternium ( NYSE:TX ) is well-positioned to capitalize on emerging opportunities in the global steel market.
Conclusion:
Ternium's ( NYSE:TX ) recent financial performance underscores its resilience, strategic foresight, and ability to capitalize on market opportunities amidst challenges. Through strategic consolidation, operational optimization, and a customer-centric approach, Ternium ( NYSE:TX ) has not only achieved remarkable financial results but also positioned itself for sustained growth in the dynamic steel industry.
TX
TX - a good stock for longTX is near 36 which can soon prove to be a strong support level.
Given strong fundamentals and good dividends it is worth giving a try.
If all goes well I am potentially holding it for years.
Market Cap - 8.18B
Revenue - 17.15B
Income - 4B
Assets - 17.1B
Operating cash flow - 2.72B
TX: Ternium is a huge buy here...I think $TX shares are likely to benefit from increasing inflation and higher interest rates in their target markets, caused by the huge money printing and govt spending needed to survive the Coronavirus induced recession. As activity picks up, construction in these markets will be a very profitable endeavor, specially as real estate prices tend to go mostly higher due to the terrible combination of high interest rates and high inflation in these EM nations. Additionally, steel itself is likely to go up due to the infinite QE effect over time as well.
Valuation for $TX was very attractive recently, and I've been buying it for some time. Currently one of my favorite stock ideas.
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Cheers,
Ivan Labrie.
TX LongTX, Ternium S.A. Steel company. I believe a short term bounce is imminent given the strong balance sheet and income statement. On top this company pays good dividend, which would make it highly lucrative for longterm and income oriented investors. However, TX is not as liquid relative to other big mining companies, thus sharp price movements occur frequently. I feel selling is over done even though stock is still in the down trend channel. With upcoming qe and fiscas stimulus in China, demand for steel may pick up in near future. Furthermore, there is a widening divergence between steel and iron ore prices. I believe this divergence has to close in time, as iron ore is the primary component of steel.I believe there will be a strong support with +-5% but has a good upside.
Weak bounce increases the likelihood for this bearish scenarioWell, this bounce from 3200 is the most pitiful excuse for a bounce I have seen in a long time.
This shows that the support at 3200, which should have lead to a very strong reaction, a rally to upper 5000s, is quite weak.
I think we'll go below the MA200 in the near future. Maybe the structure will be different from the 2011 fractal, in that BTC just doesn't really do large bounces and dumps any more,
just a slow and long decline towards 1200, the high of 2013.
This means that the bearmarket will also drag on longer than expected, and only in the second half of 2020 would we rise again thanks to:
1. The halving effect
2. The stock market bearmarket probably over and new bullrun in stock indices (BTC correlated with stocks)
So, let's see if BTC bounces soon, then this might still be averted, but the likelihood fot this increases more and more.
The positive of this?
An entry at 1200 would be an insane opprtunity, since the ATH for next rally, even though it would occur later, say 2023 plusminus, would yield nice gains.
Also keep this chart here in mind: www.blockchain.com
Historically, when transactions go above old ATH, only then the beartrend stops, and BTC turns bullish. Never before. And it looks as if it will take quite some time until we
reach old transaction ATH.
So, I will be prepared for that scenario.
BTC Fundamentals: cum. tx number reveals disturbing trendThe cumulative transaction number displays distinct s-trend in linear chart indicating halfway point has been passed.
Was 2017 peak adoption in terms of growth rate? Sure there cumulative number will increase, but tx per unit time?
Tx/sec has already crashed to 2015 levels.
Great entrance for this undervalued coinPretty shit coin with good technology but low volume, buy low sell high.
Risk is if bittrex delists this coin :(
hope they don't
What's up with our favorite troll coin? ^^Uh uh Tron been in the same area for a while. Doesn't mean we can keep buying at the bottom and sell at the top.
Some people have been quite persistant, they knew you'll get rich just by "hodling".
How do you get rich thought if no new people ever want to buy something?
When the fear truly kicks in it's going to drop faster than a noob that wants to get rich quick account.
Weeeeeee down we gow. The fear the panic the nightmares, once the lower level is lost, once Bitcoin gets really low.
WHAT DO WE DO WE CAN'T STOP THE SELLING. CALL THE GOVERNMENT.
THE EXCHANGES ARE OVERLOADED I CAN'T LOG IN BINANCE I HAVE TO SELL.
^^ RIP :p
Clown crap's not worth more than 1 cent, I wouldn't touch it with a 8 foot pole above that.
I'd rather miss out 1000 times on a rally than touch it.
+++ I am not a financial advisor (good luck finding one in crypto). I only post for trollertainment. Trade at your own risk +++
TX Oversold after McAfee typos, quick returnsMcAfee tweeted trx, some bought tx by mistake and forced an oversell. First target is 15% gains and second is 30%. Doesn't get much easier than this.