Showing posts with label Aksa. Show all posts
Showing posts with label Aksa. Show all posts

Thursday, 28 August 2014

Analysis of Aksa


Aksa, a Turkish acrylic fibres producer

Company: Aksa Akrilik Kimya Sanayii AS

ISIN TRAAKSAW91E1 | WKN 897307

Business: A Turkish producer of acrylic fibres. They are dividend into three units: Textile Fibres (micro fibres, high shrinkage fibres, super bright fibres etc.), Technical Fibres (outdoor fibres, homopolymer acrylic fibres and flock tow) and finally Carbon Fibre (becoming a bigger and bigger market it is a joint venture with Dow).

Active: In 50 countries on four continents having 16% of the overall market share of acrylic fibres.

P/E: 9.4

Comment: Please see discussion below. My initial post had 18500 million shares and it is now changed to 185 million shares with significant change in the table.