Buy: The going is good 1H loss expected; captive plants closure positive for utilization outlook 2Q core earnings largely in-line 1H17 - Weak earnings as expected 1H17 a small beat; Buy H shares on better traffic and pricing outlook Hold: Complications to the growth story 1H17 results not as bad as they appear Looking for cashflow improvement; in line 1H17 results 1H17: Higher offshore interbank rates a key driver for earnings beat? Expecting growth acceleration in 2018