Siemens Energy - It's Turning Around, But I'm Still On The Fence [Seeking Alpha]
SIEMENS AG SPONS ADR (SIEGY)
NASDAQ:AMEX Investor Relations:
siemens.com/investor
Company Research
Source: Seeking Alpha
The company's recent earnings show positive signs, including order increases and a backlog closing in on €120B. However, challenges and negatives remain, such as a negative profit margin and negative pre-tax FCF expected in the future. I view Siemens Energy as a "HOLD" here. Dear readers/followers, You know that I like data, forecasts, and things to "count on" when I invest. So when a company like Siemens Energy ( OTCPK:SMEGF ), a business that as of yet does not generate positive profit, starts bouncing up and Recommended For You Recommended For You
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News
- Siemens Energy, Energinet sign €1.4bn deal to upgrade Denmark's grid [Yahoo! Finance]Yahoo! Finance
- Senzime Appoints Former Dräger Medical CEO Wolfgang Reim as New Senior Advisor to The Board [Yahoo! Finance]Yahoo! Finance
- Siemens Energy boss says there can be no energy transition without China [Yahoo! Finance]Yahoo! Finance
- Siemens Energy, Energinet win €1.4B Denmark grid expansion deal [Seeking Alpha]Seeking Alpha
- Siemens Healthineers announces MRI cooling tech plant in UK [Yahoo! Finance]Yahoo! Finance