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Indorama does not produce PET bottles, but only preforms from which PET bottles are made in Krones and Sidel machines🫠
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@Der_Dividenden_Monteur The professional has spoken :)
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@TradingMelone at their service 🫡
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@Der_Dividenden_Monteur
And even Indorama is only investing on condition of success in upscaling by 2025, otherwise they'll jump ship. 😄
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@Hannes_SK Everything only confirms my point of the 15min website research. Single stock investments should and will never be simple but complicated. Who wants simple should buy an ETF :)
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@Hannes_SK I've come across the name maybe 2 times in the last 6 years. a preform is an insanely simple product, you have an injection mold milled for ~15,000 euros, you give it to the service provider and they use it to make the preforms. so there's not even close to a moat.
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@TradingMelone
That's right. I had also considered writing all the time. But more factual than you, I would not have expressed it. 😂@Der_Dividenden_Monteur Indorama only crossed my path via Carbios. For technical drink questions, yes, I know who to turn to since the last podcast. 😄 I've been following Carbios for years. Yet somehow I don't see the potential behind it. Their only real success is also just a bill on cost for a ton. But the 10h bill behind it is deliberately withheld. The invested companies don't care. They simply write off price losses in their balance sheet. But the private investors should not be so indifferent.
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@Hannes_SK Was I too harsh ? I think it's time for some wellness and relaxation so that I become more relaxed again ;)
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@TradingMelone No, your reaction is more relaxed than mine at the moment, although we use different approaches to investing. 😁
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@Hannes_SK And that is not bad at all. Many roads lead to Rome, but none is easy :)
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