Arconic was listed in 2020. During its 3 years as a public-listed company, Arconic had not been profitable. But this is a misleading picture as a significant part of the losses were due to one-off asset write-downs and restructuring charges. Without these, it would be profitable. This is not a growth stock. There are also concerns about its financial strength and the strategic value of 2 of its business segments

Alcoa is a producer of bauxite, alumina, and aluminum.
Aluminum prices are cyclical. Alcoa’s earnings would be cyclical given the strong correlation between aluminum prices and Alcoa's gross profitability.
Alcoa could generate significant operating profits under various aluminum price scenarios. However, over the past 9 years, Alcoa had a very heavy tax burden. There were taxes even if it was loss-making. During profitable years, tax rates ranged from 45 % to 108%.
There are two ways to ex...

New Toyo is a SGX listed company that is in the packaging printing business. I have been following the company for several years and I would like to summarize the current situation as follows:
New Toyo is facing challenges in its legacy packaging printing business, a mature sector, and needs growth from new ventures.
The company is considered a cigar-butt investment, with a margin of safety based on its Asset Value, but overall returns ...