RNMBY News and Press, Rheinmetall AG ADR From 11/09/23

Rheinmetall AG ADR (RNMBY) is expected to report for quarter end 2023-09-30

2023-11-02 06:53:34 ET Summary I had a successful investment in Rheinmetall but regret not investing more when the stock was cheap. Rheinmetall is currently trading at a high valuation with a low yield, making it difficult to see further upside. The company is focused on becom...

2023-08-29 21:36:52 ET Summary Short-term bullish narrative for defense stocks due to increased NATO military spending and threats from Russia and China remains mostly intact but is priced in. Long-term outlook for defense stocks is impaired due to the lack of overwhelming effecti...

2023-08-22 17:02:14 ET Summary Defense stocks have gained attention since the invasion of Ukraine by Russia, but some have valuations ahead of their fundamentals. Rheinmetall reported a 6.4% sales growth driven by Vehicle Systems and Weapon and Ammunition segments. The company...

2023-08-22 05:44:44 ET Summary I regret not buying more shares of Rheinmetall when they were cheap, limiting my potential returns. I'm considering selling my position in Rheinmetall due to the company's high valuation and the need to rotate my capital. Rheinmetall's growth is ...

2023-08-09 11:30:00 ET Summary VGI Partners Global Investments Limited is an Australia-based investment company. The Company’s Investment Strategy is to create a concentrated Portfolio, predominantly comprised of Long and Short Positions in global listed securities, actively ma...

2023-07-19 05:00:00 ET Summary Using data from the July 18th publication of the STOXX 600 Earnings Scorecard, 2023 Q2 earnings are forecasted at €128.4 billion (-9.2% y/y, -4.1% q/q) while revenue is forecasted at €1,358.2 billion (-6.2% y/y, -3.1% q/q). Financials h...

2023-07-17 09:38:12 ET Germany seeks to have the best equipped army division among European allies in the North Atlantic Treaty Organization by 2025, Reuters reported Monday. The country’s Army Chief Alfons Mais said he is optimistic about that timeline. The country currently doe...

2023-06-16 13:02:45 ET Rheinmetall ( OTCPK:RNMBF ) ( OTCPK:RNMBY ) will increase production of ammunition propellants by 10% amid growing demand after Russia’s invasion of Ukraine. Germany’s biggest defense contractor by sales plans to expand output of the powder b...

2023-05-31 09:02:01 ET Summary Rheinmetall is a German company with a specific focus on defence-related equipment like tanks and ammunition. Needless to say, the company is benefiting from the war in Ukraine. 2022 was a record year, but 2023 and 2024 will likely break that rec...