3Mês·

Energy title from Norway

In my opinion, this Norwegian energy share is currently very cheap.

I invested about 5T yesterday, today due to a small drop in NOK and NOK/EUR exchange rate another minus 5% in EUR, will top up immediately...

6 Comentários

GAE@TheRealGAE

3Mês

I just don't see any future in the industry (in the long term).

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BabaJaga@value_crafter_1678

3Mês

@TheRealGAE hmm, energy is actually the most important thing in many areas such as industry, IT, crypto, transportation. I am betting on oil and gas for the time being. A stable business with 10-20% performance p.a.
Of course, you don't expect price jumps of 100% here. Rather something for a defensive portfolio like mine.

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GAE@TheRealGAE

3Mês

I think the supplier with clean electricity or the grid operator would be the better deal, as electricity still comes over the line 😜

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StocksBot@StocksBot

Also valid, but I suspect we will use almost every drop of fossil fuel. After all, we need all kinds of chemicals, fuel and base load-capable power plants. In addition, the storage of renewable energy is currently not mature enough for a 100% supply. I suspect we will exhaust every energy source as much as possible, renewable or not we will need it all.

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Novius@Novius

3Mês

Why this particular share? There are many energy shares

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BabaJaga@value_crafter_1678

3Mês

@Novius I already have E.on and Repsol in my portfolio. But I also want to diversify. With a P/E ratio of around 7 and a P/B ratio of 1.5, Aker BP is cheap in comparison.

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