1Lun·

Air Prdocuts & Chemicals still too cheap?

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am invested and will remain so
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I'm sticking with my lime tree 😎
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I sold mine at the end of 2023 because the massive increase in investments, debt (especially in the current interest rate environment) and the increase in outstanding shares became too risky for me. I would also see the extremely weak dividend increase as a warning sign, APD really seems to have to keep the money together, which is no wonder with such negative cash flows.
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@TorteInYourFace so you think the share is overvalued and too expensive
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I was lucky enough to get in at the low point last year. As I normally bet on the market leader and $APD had become quite expensive, I sold and swapped into Linde.
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@Boersen-Info So you think air products are currently too expensive and heavily overvalued?
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Yes, normally buy and hold, but they became too expensive for me at €325 and I got out. Linde seems more attractive to me as the market leader
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@Boersen-Info yes i'm still up 40% and thinking hmmmm
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