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@TomTurboInvest I have it in my portfolio and am considering adding to it. I am thinking long-term and am convinced that we will see prices of around EUR 35-40 again - even if not in the next few months/1-2 years
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@MichiAT As a long-term position in the portfolio, this is certainly a good level to buy into. As Austrians, we also have a nice dividend without additional withholding tax. That also helps to get through a low.
In principle, Voest with its high-performance and special steels has advantages over many other steel manufacturers.
The only thing that worries me is the potential tariffs on the part of Mr. Trump, which could well lead to another brief slump in the share price. But let's see what Mr. Trump does at the end of January 🤷🏽♂️
In principle, Voest with its high-performance and special steels has advantages over many other steel manufacturers.
The only thing that worries me is the potential tariffs on the part of Mr. Trump, which could well lead to another brief slump in the share price. But let's see what Mr. Trump does at the end of January 🤷🏽♂️
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@TomTurboInvest Hopefully, as in the past, this will also be based on a quota system. The fact that $VOE is not one of the largest in the automotive sector is definitely an advantage.
But perhaps the new BYD car plant $1211 in Hungary can compensate for this somewhat. The voestalpine steel plants in Linz, Donawitz and Kapfenberg are the closest to the HU site.
But perhaps the new BYD car plant $1211 in Hungary can compensate for this somewhat. The voestalpine steel plants in Linz, Donawitz and Kapfenberg are the closest to the HU site.
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