TSE:TIM; silicon producing company; highly unusual to post about this company, but well-worth a minute of your time:
The price of silicon metal has risen between 15-20% since July. This should drive up TIM's sales numbers for Q3, as the rebound in the Euro will decrease Tim's Forex losses. I'm looking for $36 -37 million in Quarterly revenue and a drop of $1 million in Forex losses. Maybe we get to EBITA positive. And, in Q4, we will see a profit on the sales of assets and corresponding reduction in amortization (none), huge reduction in interest expenses and likely productivity increases driven by Dow.
