11Mon·

Another one step by step ✌🏼

14.08

Fortescue

Bought x20 at €10.75

€214.96

8 Comments

S.A.U.@SAUgut77

11Mon

In your opinion, what are the reasons for an investment?

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Memo0606@Memo0606

11Mon

@SAUgut77 little debt
many new investments planned in the field of hydrogen
growth available
favorably valued
high dividend
very solid balance sheet

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Frank@BlueVelvet

11Mon

@SAUgut77 I have also had the share on my watch list for about a year. However, mining stocks are not for the faint-hearted, especially iron ore miners like Fortescue - they are very dependent on the global economy. The P/E ratio is 6.5, the P/B ratio is 1.8 and the KCV is 5.8, making them fundamentally very good values. The long-term average KCV is 4.4, making the share expensive at the moment. I currently see a fair price of €9.50 and will buy the stock if it breaks through this level.

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Memo0606@Memo0606

11Mon

@BlueVelvet think the share is fairly valued at the moment
according to aktienfinder as well

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S.A.U.@SAUgut77

11Mon

@Memo0606 Who does your valuations, you or Aktienfinder 🤷‍♂️

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Memo0606@Memo0606

11Mon

@SAUgut77 why should i go to all this trouble
it says docj
there is something for that