1Yr·

Hey guys,


today times a stupid question or at least for most a stupid question.😅


What exactly is going on with $MMM going on?🤔


I can't find any real reason why the stock is falling like this. What has been going so wrong with this company for years that it's just red?

I can only find reasons like sales losses and employee layoffs, but that can't be the only reason why it's crashing like this. And all the analysts etc. are betting on selling🤔.


Does anyone know more?🤔


P/E ratio: approx. 10👍🏻

Dividend king increases its dividend for 65 years💸

Sales down slightly but still bearable in my eyes


So what is the reason that the company is declared dead everywhere and continues to crash like this?📉


#dividends
#könig
#tech
#mmm

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35 Comments

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Inquire about the pending lawsuits/suits against 3M (-;
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there are no stupid questions only stupid answers ;)
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Hey Brudis and Brates 😂 If you get into such a high-risk stock, that would be speculating rather than investing. And here at Getquin, we all want to be investors. Therefore I would wait until the lawsuits are over and we know more. Even if this probably means that some returns are lost.
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Lawsuits worth billions
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Google : US soldiers sue 3m over earplugs
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you're both just talking half-knowledge. One thing is certain, 3M is a multinational and diversified group and a lawsuit against a product does not knock 3M off its feet. They are used to that and provisions are made accordingly. I have now placed my last tranche and am holding for the long term. Until the share becomes bullish again, it can of course take 2-3 years or longer, but that's ok for me. The important thing is that the products are bought by customers and the business model is in tact. :) Regarding the banking crisis and the general macroeconomic situation, it is difficult to say what will happen now, otherwise everyone would already get out of the real assets. So discuss relaxed but does not make a professor economics and pretend as if you know what is now coming to us.
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Since you seem to be a fan of OnePiece, check out "Toei Animation" ;)
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5.64 dividend yield? If they cut it to 3, it's still good. still a great company.
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simply a crap share

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