Keep Imerys call turbos


IMERYS

Keep Imerys call turbos | Photo credits: Imerys

This Wednesday, as part of our section dedicated to derivatives, we return to Imerys turbo calls without code expiry 973PS, offered for purchase on January 5th.

The title is up sharply this morning, more than 6% on the Paris Stock Exchange, thus signing one of the best performances of the SRD. The company, which extracts and sells minerals to industry – there is for example thirty minerals on average in a car (carbon black, talc, wollastonite, kaolin…) – is considering selling its “high temperature solutions” business, according to the Bloomberg news agency.

This translates into a jump of 36% in recommended turbo calls. We recommend keeping them, convinced by the growth potential of the stock. Their knockout barrier is now over 24% of the action’s current level.


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