2Année·
Avis pour $LNZ
🤷‍♂🤷‍♀️ Neutre

Today it goes Lenzing times again in the direction of book value. That was also the case in the Corona crash.

I'm thinking about taking a position in our portfolio again.

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4 Commentaires

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$LNZ Leader in textile circular economy with production sites in all major regions. Two new mills (pulp and lyocell) just went online, bringing relief to the supply chain problems and additional cash flow. In 2-4 years, this cyclical is back at EUR 120. 🚀
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In view of the drastic deterioration of the market environment in the current quarter, Lenzing is suspending its forecast for the development of results in the 2022 financial year. The further course of the 2022 financial year can only be assessed to a limited extent due to the extremely low visibility on the demand side and the high volatility of energy and raw material costs, it says. I don't know if this would be a signal for me to continue buying...
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