Three divisions are under review gor $ABB for a possible sale: Turbocharging, Mechanical Power Transmission – which runs under the Dodge brand –, and Power Conversion.
I hope they do a spinoff for their Dodge brand and reward their existing shareholders with say 80% of the shares in the new company. Would probably be better than a buyback especially for this very profitable division.
m
$ABB invests in hydrogen power and electric vehicle charging solutions
AFC energy is to deepen its relationship with $ABB Schweiz AG, the provider of electric vehicle charge points, electrification and digitalisation technologies. AFC, a specialist in hydrogen power generation technologies, said ABB has subscribed for £3.25mln in newly issued AFC shares, while Dutco Group, a Dubai-based conglomerate, has subscribed for £1.5mln of new shares, resulting in the issue of 7.36mln new shares in aggregate.
The money raised will be used to support the continued product development of AFC Energy and ABB's next-generation high power sustainable electric vehicle (EV) charging solutions; develop new power solutions using AFC's alkaline fuel cell technology platform, including the high growth global data centre market in collaboration with ABB; and support the continued development of the company's scalable manufacturing capacity to address possible future growth in system demand.
With the global EV charging market expected to exceed US$140bn by 2030, this collaboration will support the worldwide delivery of the charging infrastructure required to meet such a demand. It will also create a new solution that will provide secure, efficient, flexible and reliable local power supplies, with zero emissions. The joint system will be ready for deployment initially in the UK, Europe, United States and elsewhere, by the second half of 2021.
M
Expectations for 2021? Steady growth or will we have a surge at some point?
m
ABB new PT $38... Goldman Sachs reinstated coverage of $ABB with a Buy rating and USD $38 price target... I hope ABB have some good news and surprises in the 1.Q earnings announcement on 4/27.
m
$ABB reinstated with a Buy at Goldman Sachs
Goldman Sachs analyst Daniela Costa reinstated coverage of ABB with a Buy rating and CHF 35 price target. ABB is not being credited for neither its self-help nor organic opportunities, the analyst tells investors in a research note, adding that she sees over 45% of its revenues in structural growth areas with 100-420 bps of margin expansion potential. Costa adds that she see significant inorganic potential at ABB as well with estimated 41% upside potential
m
Is there anywhere to check the figures for $ABBs electric vehicle charging infrastructure revenues or growth projections? I know they are big in Sweden..,
m
$ABB here comes $40....
m
Go $ABB Waiting for Jefferies, Morgan Stanley and Deutsche Bank to reverse their negative outlooks.... That’s what is going to make this stock price to explode !!!
m
Amazon Web Services (AWS) has teamed up with global tech firm $ABB to develop a new cloud-based digital solution for the real-time fleet management of electric vehicles. Designed to work with all vehicle types and charging infrastructure, the solution combines ABB’s experience in energy management, charging technology and e-mobility solutions with AWS’s range of cloud technologies and software expertise.
m
$ABB has broken out to a 20 year high in CHF Swiss Franks.... New highs on the horizon!
m
Björn Rosengren, CEO of Swiss-Swedish industrial giant $ABB, is also positive about the planned investments. The modernisation of US infrastructure offers enormous potential for ABB, Rosengren told Keystone-SDA. The group already generates almost a quarter of its sales in the US.
m
I see $40 for $ABB by end 2021!
m
$ABB: «We Have Billions of Financial Capacity if Needed»
CFO interview with The Market
Three divisions are under review for a possible sale: Turbocharging, Mechanical Power Transmission – which runs under the Dodge brand –, and Power Conversion. Where do you stand there? We are moving systematically forward. Dodge, which is predominantly a US business, is expected to be benefitting from a strong US recovery in the shorter cycle industrial sectors. So, this is moving forward very nicely. Turbocharging will take a little bit longer because that market has a rather high cruise ship industry exposure. You can imagine that this needs some more time to recover. We are doing all the separation work and then we will see how we run that process. In the Power Conversion division, we already prepared the ground earlier, so we are in a good place to move forward when the time is right. We are in no hurry; we are not looking to do any fire sales. We want to maximize the value of each of these assets for ABB shareholders.
m
Buy $ABB ...Paying $.8 dividend.. ex DIV from tomorrow! Worth it!
B
I've had this bad boy for just over 5 years, decent dividend, low P/E what's not to like.
K
From a strategic point, ABB is a portfolio of the future. From a quantitative view, ABB's forward EV/EBITDA around 12x looks like a very reasonable price for a company that leads the future of energy and automation.
B
Another huge buyback on deck. Buy.
J
Any word on ABB finding a buyer for their Dodge power division?
T
Last couple weeks of market correction have been tough of my portfolio but not ABB. Price has held strong. Shows there's no where to go but up
H
what a beautiful 4th qt earnings! don't understand why market react so differently than I expected. this stock deserve a higher attention.
I hope they do a spinoff for their Dodge brand and reward their existing shareholders with say 80% of the shares in the new company. Would probably be better than a buyback especially for this very profitable division.
electric vehicle charging solutions
AFC energy is to deepen its relationship with $ABB Schweiz AG, the provider of electric vehicle charge points, electrification and digitalisation technologies.
AFC, a specialist in hydrogen power generation technologies, said ABB has subscribed for £3.25mln in newly issued AFC shares, while Dutco Group, a Dubai-based conglomerate, has subscribed for £1.5mln of new shares, resulting in the issue of 7.36mln new shares in aggregate.
The money raised will be used to support the continued product development of AFC Energy and ABB's next-generation high power sustainable electric vehicle (EV) charging solutions; develop new power solutions using AFC's alkaline fuel cell technology platform, including the high growth global data centre market in collaboration with ABB; and support the continued development of the company's scalable manufacturing capacity to address possible future growth in system demand.
With the global EV charging market expected to exceed US$140bn by 2030, this collaboration will support the worldwide delivery of the charging infrastructure required to meet such a demand. It will also create a new solution that will provide secure, efficient, flexible and reliable local power supplies, with zero emissions. The joint system will be ready for deployment initially in the UK, Europe, United States and elsewhere, by the second half of 2021.
Goldman Sachs reinstated coverage of $ABB with a Buy rating and USD $38 price target... I hope ABB have some good news and surprises in the 1.Q earnings announcement on 4/27.
Goldman Sachs analyst Daniela Costa reinstated coverage of ABB with a Buy rating and CHF 35 price target. ABB is not being credited for neither its self-help nor organic opportunities, the analyst tells investors in a research note, adding that she sees over 45% of its revenues in structural growth areas with 100-420 bps of margin expansion potential. Costa adds that she see significant inorganic potential at ABB as well with estimated 41% upside potential
Waiting for Jefferies, Morgan Stanley and Deutsche Bank to reverse their negative outlooks.... That’s what is going to make this stock price to explode !!!
Designed to work with all vehicle types and charging infrastructure, the solution combines ABB’s experience in energy management, charging technology and e-mobility solutions with AWS’s range of cloud technologies and software expertise.
CFO interview with The Market
Three divisions are under review for a possible sale: Turbocharging, Mechanical Power Transmission – which runs under the Dodge brand –, and Power Conversion. Where do you stand there?
We are moving systematically forward. Dodge, which is predominantly a US business, is expected to be benefitting from a strong US recovery in the shorter cycle industrial sectors. So, this is moving forward very nicely. Turbocharging will take a little bit longer because that market has a rather high cruise ship industry exposure. You can imagine that this needs some more time to recover. We are doing all the separation work and then we will see how we run that process. In the Power Conversion division, we already prepared the ground earlier, so we are in a good place to move forward when the time is right. We are in no hurry; we are not looking to do any fire sales. We want to maximize the value of each of these assets for ABB shareholders.