Without a doubt, one of the hottest values in Spanish equities is Sniace. To the extent that their actions have fired by 18% as a consequence of their decision to restart production of its viscose factory in Torrelavega (Catabria). It has been a measure that has been very well received by investors. Where sales have been imposed with crystal clear on sales. Breathing with greater optimism to shareholders who already had open positions in this complicated security. Because it is not ruled out that it may continue to climb positions in the coming weeks.
In any case, it is news of great impact that was not expected in the financial markets. Not surprisingly, the situation of the steel company was rather delicate. Searching financing for your projects and that has caused a series of doubts among all small and medium investors. With a downward spiral in its prices that has led it to settle at historical lows last spring. Specifically at levels of 0 euros for each shares. After having carried out several capital increases.
Feet good, with this news from the company they wait increase production volume of cellulose in more than 40%. A factor that generated that some investors have taken positions to try to profit from these strong movements. Not in vain, it has been one of the companies that have appreciated the most during this week in national equities. From this general scenario, it can be one of the values to take into account from now on. Because it can present a more than interesting revaluation potential. Above other proposals on the national stock market.
Shares are Sniace at 0,22 euros
This sharp rise in the price of this company has led to the fact that at this time trades around 0,22 euros per share. In addition, it is very close to one of the most relevant resistances ahead. Located very close to 0,30 euros and that if it exceeds it easily, it would lead to seeking more ambitious goals. Perhaps approaching 0,50 euros per share and that will represent a change in trend that could be very beneficial to achieve more aggressive objectives. For this reason, it is not surprising that some small and medium-sized investors have once again relied on this very special equity value.
All this, after only a few years ago it was suspended from trading. To later return to the financial markets with a price close to the middle of the euro. And always with the serious problems to finance itself in the credit markets. In this sense, the entry as a particularly relevant shareholder of Felix Revolt, current president of Naturhouse, and who has bet very strongly on this value. Although still without a palpable reward and despite the recent appreciation of its shares.
Listed on the continuous market
Sniace shares are not present in the benchmark index of the Spanish stock market, the Ibex 35. If not, on the contrary, it is necessary to refer to the Continuous Market of Spain to verify their movements in the financial markets. It is a value with very little liquidity and that perhaps at some point it will be difficult for you to get out of their positions. Or at least with the price with which you would like to finalize their positions. Not surprisingly, this is one of its main characteristics and that can scare off more than a small and medium investor.
Another of its most relevant peculiarities is its high volatility with which its shares are listed every day. With very vertical rises, as you have seen these days, which can reach levels above 15%. But for the same reason they can crash just as easily. It is very difficult to operate with securities with these characteristics and only investors with more experience in this type of operation can obtain benefits from their movements on the stock market. Not surprisingly, it is not a value like the ones you are used to operating with. It is governed by its own rules of conduct. Sniace is like that and there is nothing you can do to change her movements from now on.
Negative balance in the year
Despite this weekly revaluation, the shadows continue to haunt this proposal for Spanish equities. Because indeed, you cannot forget that it presents a negative balance during the year 2017. Because since the beginning of the year 8,6% has been left by the wayside. Although there have been phases in it, the behavior of which has raised the odd hope among small and medium investors who have been holding open positions for more years. Although at this time, and after the great revaluation that it has had, the trend may be in the process of change. In any case, we will have to wait for their behavior during the next year that is about to start.
However, little news is being generated that can drive the value of its price to grow. If not suddenly, yes, at least progressively and constantly. To give other investors confidence to take positions from then on. In any case, it is one of the bets that you should be aware of to make the savings profitable. Among other reasons because it can have very strong rises and with greater intensity than in other values of the selective index of Spanish equities. Although of course taking more risks due to the special characteristics of this unconventional value to make an investment.
Your shares are worth 0,70 euros
Regarding the valuation of the company's shares, according to its president, it would be around 0,70 euros. If this price were so, it would be predisposed to triple the price with which it is listed at the moment (0,22 euros). So if you enter their positions it would be a good operation to make the savings profitable. But the problem is that wishes do not always coincide with reality. And in this sense, you can be frustrated if these perspectives do not crystallize in the price. It is one of the risks you can find yourself in when buying their shares. And that you should avoid them if you do not want any other surprises in the next few days.
On the other hand, the top leader of Sniace has pointed out that he does not see the need to carry out a stock contrasplit. Although this action is approved by the General Shareholders' Meeting. Something that has been talked about since last year. Because what it is about is that your quote is much more flexible to mark the prices in each trading session. And whose application would be very well received by small and medium investors. As it probably happens with yourself.
Increase in its business lines
In any case, other factors that play in favor of the stock appreciation of Sniace is the fact that new factories are going to open. As has happened this week and that has been the trigger for his actions to have been appreciated with a special intensity. Despite the fact that in the following session their prices have corrected their positions by about 3%. Something that according to financial analysts as a result of a timely correction to the buying fever by small and medium investors. It is convenient that you take it into account so as not to commit some other of special relevance.
It should also be borne in mind that this is not a security to be held in the portfolio for an excessively long period of permanence. If not rather for the opposite, to develop specific operations and with an expiration date. Not in vain, you run the serious risk that you get hooked. That is to say, very far from the purchase prices. To avoid these unwanted situations, there is nothing better than to finish the operation at the moment when there is a rise of a certain intensity. As for example, the one that has developed during this week. Because surely you will have time to buy the shares at a cheaper price.
In any case, Sniace is a listed company in which you have nerves of steel because its volatility can alter you at some point or another. Reason more than enough not to allocate all the savings in the investment. A minimal part of them will suffice. As a complementary operation to the main ones or, failing that, to make your portfolio more aggressive. Not surprisingly, it is one of the hottest stocks in our country at this time. With deviations in the same trading session that can approach up to 20%. As it is happening in these last days of 2017. Where it is very difficult to determine which is the direction that its price in the markets is going to take.