1Semana
Phew, they are under 6 euros again, they were at 8. reason for your purchase @SAUgut77
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1Semana
@Smudeo ever heard of a dividend discount 🤔
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11
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1Semana
@Smudeo well, the $PETR4 was at just under €8 a good 10 months ago and luckily I only got in later...
...there are several aspects to consider with regard to the fall in the share price:
- the discussion about the dividend and the replacement of the top management really didn't do the share price any good
- the economic situation in Brazil is also aggravating the situation and Petrobras is not the only player suffering from this at the moment
- The development of the global market is of course also playing a role
BUT:
- Despite being an "almost entirely state-regulated" group, the state cannot simply do without the good dividend from a budgetary point of view and this is also shown by this year's special dividend, despite the change in management and discussions.
- the figures themselves don't look as bad as the share price currently reflects
- the production costs of around USD ~33- 35 also show that Petrobras, unlike many others, still has a good margin even in the low-cost market
- the Brazilian economy is not completely doomed despite the low
- other emerging markets and emerging industrialized nations will continue to rely on oil, gas and coal for a long time to come (according to current figures, the coal market alone shows the latter)
- Renewables are also becoming an increasingly important topic and Petrobras is the big player in its home market and environment when it comes to change
- the current dividend is simply 👍
All in all, it can be said that at the current share price, it is not only the dividend that is attractive, but also, in my opinion, the share price can be expected to rise in the medium term.
This, in combination with the dividends and the current figures generated, prompts me to continue buying and the opportunity was just really good 😉
...there are several aspects to consider with regard to the fall in the share price:
- the discussion about the dividend and the replacement of the top management really didn't do the share price any good
- the economic situation in Brazil is also aggravating the situation and Petrobras is not the only player suffering from this at the moment
- The development of the global market is of course also playing a role
BUT:
- Despite being an "almost entirely state-regulated" group, the state cannot simply do without the good dividend from a budgetary point of view and this is also shown by this year's special dividend, despite the change in management and discussions.
- the figures themselves don't look as bad as the share price currently reflects
- the production costs of around USD ~33- 35 also show that Petrobras, unlike many others, still has a good margin even in the low-cost market
- the Brazilian economy is not completely doomed despite the low
- other emerging markets and emerging industrialized nations will continue to rely on oil, gas and coal for a long time to come (according to current figures, the coal market alone shows the latter)
- Renewables are also becoming an increasingly important topic and Petrobras is the big player in its home market and environment when it comes to change
- the current dividend is simply 👍
All in all, it can be said that at the current share price, it is not only the dividend that is attractive, but also, in my opinion, the share price can be expected to rise in the medium term.
This, in combination with the dividends and the current figures generated, prompts me to continue buying and the opportunity was just really good 😉
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1Semana
@Smudeo What is your opinion?
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