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RHI Magnesita NV

 

Buy RHI Magnesita NV shares

RHI MAGNESITA NV (RHIM) Shares

ABOUT RHI MAGNESITA NV

RHI Magnesita NV is an international leading supplier of refractory products, systems and services.

In 1908, Josef Hörhager discovered a magnesite deposit at Millstätter Alpe in Austria. Emil Winter acquired the mining rights and founded the Austro-American Magnesite Company. National Refractories Co bought the company in 1974 and in 1987, Radex-Heraklith Industriebeteiligungs AG (RHI AG) emerged because of the buyout.

In 2000, RHI AG bought Global Industrial Technologies, followed by Stopinc AG, Switzerland. It also bought Orient Refractories in India in 2013.

Finally, in October 2017 RHI AG merged with Magnesita, a Brazilian competitor and the company became known as RHI Magnesita NV.

The company produces roughly 2 million tons of refractory products each year at 35 main production and 10 main raw material sites around the world. It employs over 14 000 people.

OVERVIEW OF RHI MAGNESITA NV

  • RHI Magnesita NV, is an Austria-based company engaged in the refractory industry.

  • The company mines, produces and sells high-grade refractory products, which a wide range of industries uses for industrial high-temperature processes.

  • This includes steel, cement, glass, non-ferrous metals, energy, environment and chemical. It offers over 120 000 products made from magnesite and dolomite, which ranges from bricks and lining mixes, to flow control products, such as slide gates, nozzles and plugs.

  • The Company operates over 30 production and raw material site and several technology centers in Austria, China, Brazil, and the United States.

  • It also operated in over 70 sales offices around the world. In addition to the sale of refractory products and services, RHI Magnesita NV sells certain industrial minerals, the mining and production of which are incidental to its production of refractory products.

VISION & VALUES OF RHI MAGNESITA NV

  • RHI Magnesita NV controls all steps along the value chain. This enables the company to provide its customers with excellent products in outstanding durability, quality and availability, based on R&D, its own raw materials and technical expertise.
  • The steps of the value chain entail R&D, mining, raw material production, production of different lines, services in installing the products, and recycling or disposal according to law.
  • While its operations choose projects and partners on a local level to support, its focus is on education, youth development and environmental protection, especially forests, climate and water. Shareholders who purchase company shares can be assured of the company’s continuous growth.

MARKET PERFORMANCE OF RHI MAGNESITA NV

  • RHI Magnesita NV trades on the London Stock Exchange (LSE) and is a constituent of the FTSE 250 Index. The company lists under the stock symbol RHIM on the Financial Times Stock Exchange (FTSE).

  • The half-year 2019 report announced a revenue of € 1,541 million increased by 2.2% against the comparative period.

  • Adjusted EBITA increased by 12.3% to € 234 million driven by the further realization of synergies and strength of the Industrial Division.

  • Interim dividend of € 0.50 per share announced, in line with the Board’s progressive dividend policy.

Buy RHI MAGNESITA NV stocks / shares – A Step by Step Guide how to Buy / Purchase RHI MAGNESITA NV Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy RHI MAGNESITA NV Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN RHI MAGNESITA NV STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE RHI MAGNESITA NV STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of RHI MAGNESITA NV stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

  1. Is it the best time to buy this stock / share?
  2. Should I buy RHI MAGNESITA NV stocks / shares in the current economic climate?
  3. Can I afford to buy this stock / share?
  4. What is the forecast of the stock / share growth?
  5. What is the current price per earning ration on the stock / share?

 

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

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