The scan is crowded: all 10 are univ 98-100%, book +7.6% to +10.2%, median conf 78. Model weight is 12mo momentum in 7 of 10, with illiquidity as the second leg. Financials, staples and cyclicals each

Raiffeisen Bank International AG ($RBI.VI): 12mo +0.0241, illiquidity +0.0193, 6mo +0.0180. Glanbia plc ($GL9.IR): illiquidity leads at +0.0237, then 12mo +0.0218. Valeo SE ($FR.PA): illiquidity +0.0221, 12mo +0.0202, 6mo +0.0184. All univ 100%, sec 100%. SIG Group AG ($SIGN.SW): 12mo +0.0226, illiquidity +0.0214, downside risk +0.0183. AT&S Austria Tech.&Systemtech. ($ATS.VI): 12mo +0.0241, 6mo +0.0212, downside risk +0.0183. thyssenkrupp AG ($TKA.DE): 12mo +0.0223, 6mo +0.0212, illiquidity +0.0120. Momentum screen, not quality. Lotus Bakeries NV ($LOTB.BR): 12mo +0.0241, illiquidity +0.0214, 6mo +0.0202. Technoprobe S.p.A. ($TPRO.MI): 12mo +0.0227, 6mo +0.0199, downside risk +0.0139. Both univ 99%, sec 97-98%. Crowded upper-rank tape, not cheapness. Kingspan Group plc ($KRX.IR): illiquidity +0.0229, 6mo +0.0177, 12mo +0.0176. mBank S.A. ($MBK.WA): 12mo +0.0193, illiquidity +0.0165, 6mo +0.0116. Financials get 2 slots, both sec 99-100%. Watch the sector factor. So what: book is +7.6%

Raiffeisen Bank International AG ($RBI.VI): 12mo +0.0241, illiquidity +0.0193, 6mo +0.0180. Glanbia plc ($GL9.IR): illiquidity leads at +0.0237, then 12mo +0.0218. Valeo SE ($FR.PA): illiquidity +0.02