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Alumina Ltd (AWCMY) [hlAlert]

Rating:
Overweight
AWC
up 12.50 %

Alumina Ltd (AWC) rated Overweight by HSBC Securities

Posted on: Monday,  Dec 1, 2008  8:25 AM ET by HSBC Securities

HSBC Securities rated Overweight Alumina Ltd (OTCBB: AWCMY) on 12/01/2008, when the stock price was $3.36. Since
then, Alumina Ltd has gained 12.50% as of 08/27/2015's recent price of $3.78.
If you would have followed this HSBC Securities's recommendation on AWCMY, you would have gained 12.5% of your investment in 2460 days.

Alumina Limited is an Australia-based company. The Company is engaged in investing in bauxite mining, alumina refining and selected aluminum smelting operations through its 40% ownership of Alcoa World Alumina and Chemicals (AWAC). Its partner, Alcoa, owns the remaining 60% of AWAC, and is the manager. The Company?s other subsidiaries include Alumina Finance Limited, Alumina Holdings (USA) Inc., Alumina International Holdings Pty. Ltd., Alumina Brazil Holdings Pty Ltd, Alumina (U.S.A.) Inc., Butia Participacoes SA, Westminer Acquisition (U.K.) Limited, Westminer International (U.K.) Limited and Westminer (Investments) B.V. AWAC has a global network of mines, refineries and smelters in Australia, the United States, Guinea, Suriname, Jamaica, Brazil and Spain.

HSBC has refined and refocused its Global Equities organisation, creating a lean and flexible business model built to meet the needs of global issuers and investors today and in the future. Acknowledging the changing demands of clients, we have also refined our research model, moving away from traditional maintenance to focus on long term, thematic research (a two-year-plus horizon) combined with short term (zero to three months), real-time, actionable ideas both for companies and sectors.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/1/2008 8:25 AM Buy
None
3.36
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

(*) Stock Price at the time of the recommendation.
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