Concerns about Q2 results put to rest. Optics business development will trigger a further re-rating. NEED MORE CONCRETE ACTION TO UNLOCK VALUE 1H 2017 Results In Line With Expectations. Maintain BUY. Lipusu looking gloomy. Execution in doubt. Downgrade to SELL. Weak 1H17 Results Due to Unfavourable Market Conditions Weaker-than-expected 1H17 results, but recovery expected. Maintain HOLD. Argentina credit: Aim higher Indo coal - Indika 2Q17 result update and maintain Buy; D/G BUMA to Hold Reiterate UW post-results. Ratings pressure remains Chinese export prices and European plate continue to move up