Petrobras exists for 50 years + Brasil is an emerging economy + everyone needs oil + even electric cars + very solid fundamentals (besides stability due to politics ofc). Plus the currency exchange (forex) is pretty favourable right now!
@kibershoot what he makes with his Money Is totally out of my business, Sorry. Furthermore if you believe all his RUclips Money are donated, keep dreamin
“The best business in the world is a well run oil company. The second best business in the world is a badly run oil company.” (J.D. Rockfeller). I love Petrobras. Thanks for the video, but, Sven, if you are waiting for oil prices to drop below $30, you are timing the market in a negative way.... But I hear you. Got it.
I like EWZ with 8.5% dividend. Dollar devaluation coming only helps foreign holdings like this. Crude is pretty range bound 60-80 and at the top of that range now. SCO is a nice swing trade right now.
My best dividend payer over the years have been Yara (Traded on Oslo stock exchange) I haven’t added to the position for some years now. But 2025 might be the year to start adding to the portfolio again. Think I also remember you being quite negative to the Salomon farmers (I may be wrong) But also there I collected some half decent dividends from Grieg Seafood. - They are however on the way OUT from my portfolio. TRIN and TCPC have also been kind, however the risk is unfortunately high, esp on TCPC.. I have good faith in MRK, PFE as well.. for the very long run.. I do think though it is worth «gambling» as you would call it on growth stock as long as there is a SL. I have added GCT (although no SL on this one) and Several of the crazy running quantum stock. Position size is of course manageble. Would be great if you made a video on Stocks like DOW, MRK, YUMC and WF. Happy new year! Looking forward to another year of good content!
Yara seems interesting indeed. I have looked at it a few times but I never have the impression I understand it enough to size up a position. EBITDA margin looks like the most predictable measure: it seems to mean revert around 15%, it drops to 10% in downcycles (2017-18, 2023) and spikes to 20% in upcycles (2022). The company trades around 5x average EBITDA in the middle of the cycle. On revenue of NOK 150b, a 15% EBITDA margin is 22.5b, and 5x gives you a market cap of NOK 113b. It now trades in the 70-80b range. Assuming 0-3% growth over a decade, 15% EBITDA margin, 30% dividend distributions and a 5x terminal multiple, discounting at 15% you get the current price of NOK 250-300. So you seem to have a path to 15% returns in an average cycle, and huge upside potential if inflation resurges over the next decade. I'd be happier without the pile of debt.
Thank you Sven, really nice, I agree with the risk there, better waiting but interesting, in particular compared to American oil companies. I don't know if you have ever done an analysis on SONY, I think no, I watched almost all your videos, I think that Sony is becoming a compounder, shifting more in a stable business and less cyclical, I think is going to be interesting, maybe you can have a look 😊
Meg has just reached its debt target in Q3 2024 Dedicated to return 100% of FCF going forward Break even at mid $40s WTI Nearly 50 year inventory life Based on all the oil plays so far MEG looks most promising.
In the video, you mention the multiple times oil has been cheaply priced in the chart. You stated the wait for these periods to possibly buy. You also mention other sectors to watch for low points to possible buy in at. What sectors are you referring to? Thank you very much and I have been watching for years.
If you want oil exposure buy Buffetts Oxy - though his preferred share dividends diminish common share holder equity each compounding cycle. But you still have the Buffett safety.
If you buy Oxy the only person benefiting is Oxy and Buffet, there is no "buffet safety" there. He has sold off major positions quickly and of course Berkshire provides no notice of when they do that. You keep buying Oxy, the smart money will be buying Exxon and Chevron etc.
Petrobras is not just about oil, any development in hydrogen exploration will also greatly benefit Petrobras, who is by the way, the best company in the world to drill deep in the sea
The government is the largest shareholder, meaning the greatest beneficiary of the dividend. The government actually requires 25% of profits to be distributed to shareholders. Oh, and the dividend is actually 14%, not 22%.
Good conclusion, just wait for oil to drop lower and check again. But petrobas is a no go for me, 50 % of Brasilians are on government aid. Petrobas is more or less an ATM for the president, I do not want investments with high political risks like these. Better play this via US majors or perhaps Shell and TTE.
@zenastronomyhe made videos back in April, September and October 2020. you might wanna check those. he gave good instructions on how to look at the oil sector, such as invest in low cost producers, when oil is $40-50, the lower the better, high cash from operations. I doubled the money from 2020 to 2022 investing in CNQ and SU following his teaching.
With $60 a barrel US wins either way. Cheap oil means $1.50 per gallon and a booming economy, expensive oil means those producers employ thousands of workers and those companies pay out tons of tax and shareholder returns.
Can someone tell me the difference between PBR, PJXA, PBR A, PJX, PJXC? I was browsing on Degiro while watching this video to take a look, the first four are all ARD on petrobras (nyse and tradegate) and PJXC is just petrobras. All five tickers have different charts, as if they weren't representing the same company.
Exactly, there's insane political risk here, based on how the current government is behaving around its fiscal imbalance and what they did with Petrobras last time they were in power. As a general rule, I like to invest in companies that are slightly cheap; experience tells me that, if it's dirt cheap, there's probably some shannanigans going on, that I'm not aware of.
I wonder if Petrobras shouldn't simply stop investing in expansion a few years from now. No more capex, more profit in spite of a declining market. Be aware: every electric car added to the road will not use gasoline any more. And Chinese electric cars are getting very popular in Latin America these days.
As an investment enthusiast, I often wonder how top-level investors are able to become millionaires through investing. I have a significant amount of capital to start with, but I'm unsure about the strategies and direction I should take to help me generate substantial profits like some people are this season
I’m not in a position to offer financial advice, but given the significant amount of capital you're working with, it would be wise to consult a financial advisor who can guide you in developing a strategy tailored to your goals and risk tolerance.
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
Thanks for sharing your experience! I’ve been managing my portfolio myself, but it’s not working out. Do you have any recommendations for a good investment advisor? I could really use some help.
My CFA, Laurel Ann Watkins, is a renowned figure in her field. I recommend researching her name online; you’ll find all her credentials and everything you need to work with a reliable professional. With many years of experience, she is a valuable resource for anyone looking to navigate the financial market.
Given the valuation, dividend yield, low geopolitical risk PBR is probably the best large oil producer to buy. Also, more shareholder friendly right wing government (PBR is heavily influenced by Government) is very likely in the future as Lula becoming increasingly unpopular and his large deficit is fuelling inflation which, as we seen in US, is a killer to any Government despite strong economy. Not sure though how collapsing real (BRL) is going to affect share price - that has not been mentioned in the video.
Don’t get me wrong. Thank you for the info. I’ve seen you on other pods like Thoughtful Money and Wealthion. I agree with your analysis. Petrobras not my thing. However, I think the Seawolf Capital guys have a position... maybe? Glad I found your platform. Subscribing now!
The current management team at Petrobras is the same group responsible for the largest corruption scandal in the world in 2016. During that period, the company suspended dividend payments due to extensive financial misappropriation. Today, the significant volume of dividends distributed is essentially being used to address the government's fiscal deficit, given that Petrobras is a state-owned enterprise. With the growing deficit, it would not be surprising if the company increases its dividend payouts further. However, part of the market perceives these payments as unsustainable, raising concerns that they might compromise the development of new projects. As is often the case with investments in Brazil, I would classify Petrobras as a high-risk investment. Personally, I would only consider buying shares if there were a credible prospect of privatization.
You are largely misconstruing the dividend issue. Petrobras' management is rank-and-file technocrats, and it has always struggled with the government over strategy, but Lula is getting it right this time around (due to external pressures). It seems you are a Bolsonarista, so your view is eschewed. No, thanks.
@@bill_quag Dear Bill, It is always challenging to predict the future, but regardless of the political party in power, Petrobras has consistently been used to prioritize political interests over those of its shareholders. I was a shareholder of Petrobras from 2011 to 2016 and experienced significant setbacks due to political interference in the company. Personally, I would only consider investing in Petrobras again if the company were privatized.
@@andreluiswendtdossantos7522 yep, I agree with @phd_angel, you are 100% bolsonarista. I've been holding also for a decade. Prices goes up and down, but I keep buying more and I must say that I have really good results holding collecting dividends and reinvesting in those times when it gets ugly. Everyone has its own strategy. Mine works for me well so far, so I'm continuing in it. Good luck everyone.
Tempting, however with Trump coming into office and the possibility of him doing good on his promise of drill baby drill I might revisit in a few years.
It’s really cheap but the company is state owned. You gonna get robbed (again) by Lula , the difficult part of the analysis is that you can’t know how much.
A question for SVEN, It wouldn't surprise to me to see oil between $50-60 in 2025. I expect this would push PBR share prices down. If that did happen, and else being equal, would that make PBR less risky, because one would be buying in at a cheaper price? I'm interested but I will watch for the next 2-4 months, hopefully for a better entry opportunity.
@@960john my friend in Brazil claims the capitalists and wealthy are ganging up against lula,devaluing the real and stock market. I am in no position to argue with him. I don't really know his policies, he also thought lula was complicit in the car wash scandal. The markets didn't seem to like bolsonaro either bc he was seriously perceived as a possible dictator.
I always look up your videos for update! Our government has no idea how people are suffering these days. I feel for people with disabilities not getting the help they deserve. Thank you Mrs Linda, imagine investing $1000 and receiving $5,300.
It's hard to invest in oil when you're watching the EV market expand and more and more nations push EV adoption even harder. The cliff for oil production is coming.
you classify yourself as a chronic Graham. buffet manger munger value investor dyed in the wool like tesla sooo Why do any of these companies need consideration when they don’t add up to the most basic criteria i.e. 0% ownership by insiders in a company that has had corruption Is it really that hard to find the 5 to 10 criterion the buffet looks for?
@@_mklein it is a bad stock, because of opportunity cost. Put that money into s&p 500 or any mag 7 would do so much better. There is no need to try to be smart and find these foreign companies that sell at discount. There is a reason for that. Btw I didn’t sell but as soonx as I make my money I am getting out of this position because of the opportunity cost
Dude, you bought the stock six months ago, and are already declaring it to be a bad stock?!?!? If you have no patience, you shouldn't be investing. Yes, go with some safe ETF and chill.
Petrobras exists for 50 years + Brasil is an emerging economy + everyone needs oil + even electric cars + very solid fundamentals (besides stability due to politics ofc). Plus the currency exchange (forex) is pretty favourable right now!
Great video, TY
Owned PBR for a while. Over 100% so far
Keep holding
Díky!
bought in the 8 dollar range. keept it. have served me well
Great dividend yield. Been good to me as well ✅
La conclusión del video es fantástica. Gracias por compartir tus reflexiones sobre el mercado y acciones infravaloradas.
Thank you another good analysis. We all really appreciate you Sven for keeping us focused on value investing
My favourite investment! PBR to the moon or give us like 25% divident!
Not 25%. It is around 14%, if it comes around...
@@phd_angel we will take it!
My friend PBR. The amount of dividend I have got from this company has just been astounding. Cheers.
Excellent analysis! I really enjoy this kind of video.
I bet Sven makes more money from YT than from investments, low risk and very high reward!
well you should know, that all the money made by him on RUclips is donated.
@kibershoot what he makes with his Money Is totally out of my business, Sorry.
Furthermore if you believe all his RUclips Money are donated, keep dreamin
@@din19djarin damn you are committed to hating
Hi Sven. Thank you for this interesting analysis. Can you give your perspective on Ecopetrol (EC) and Equinor (EQNR)?
Thank you for this analysis, Sven!.
“The best business in the world is a well run oil company. The second best business in the world is a badly run oil company.” (J.D. Rockfeller). I love Petrobras. Thanks for the video, but, Sven, if you are waiting for oil prices to drop below $30, you are timing the market in a negative way.... But I hear you. Got it.
Oh sweetie
Drill baby drill while the planet 🌎 goes to shit 💩 … genius here
Brazil and Colombia will probably turn right in 2026 elections. Petrobras and Ecopetrol will probably go much higher IMO than current prices.
This is my bet as well. Either way, I will collect good dividends to a cheap price.
I like EWZ with 8.5% dividend. Dollar devaluation coming only helps foreign holdings like this. Crude is pretty range bound 60-80 and at the top of that range now. SCO is a nice swing trade right now.
Bought it when it crash and had a 70% dividend yield, still holding, it already paid my position, probably will never sell it, i may add more.
thanks for sharing!
I agree. I'm buying.
XOM is my favorite oil major.
My best dividend payer over the years have been Yara (Traded on Oslo stock exchange) I haven’t added to the position for some years now. But 2025 might be the year to start adding to the portfolio again. Think I also remember you being quite negative to the Salomon farmers (I may be wrong) But also there I collected some half decent dividends from Grieg Seafood. - They are however on the way OUT from my portfolio. TRIN and TCPC have also been kind, however the risk is unfortunately high, esp on TCPC.. I have good faith in MRK, PFE as well.. for the very long run.. I do think though it is worth «gambling» as you would call it on growth stock as long as there is a SL. I have added GCT (although no SL on this one) and Several of the crazy running quantum stock. Position size is of course manageble. Would be great if you made a video on Stocks like DOW, MRK, YUMC and WF. Happy new year! Looking forward to another year of good content!
Yara seems interesting indeed. I have looked at it a few times but I never have the impression I understand it enough to size up a position.
EBITDA margin looks like the most predictable measure: it seems to mean revert around 15%, it drops to 10% in downcycles (2017-18, 2023) and spikes to 20% in upcycles (2022).
The company trades around 5x average EBITDA in the middle of the cycle. On revenue of NOK 150b, a 15% EBITDA margin is 22.5b, and 5x gives you a market cap of NOK 113b. It now trades in the 70-80b range.
Assuming 0-3% growth over a decade, 15% EBITDA margin, 30% dividend distributions and a 5x terminal multiple, discounting at 15% you get the current price of NOK 250-300.
So you seem to have a path to 15% returns in an average cycle, and huge upside potential if inflation resurges over the next decade. I'd be happier without the pile of debt.
Why is Grieg Seafood on the way out? Looking for a norwegian seafood company that pays decent dividend. Currently eyeing Austevoll Seafood or Lerøy.
Thanks for the analysis
The long term graphic speaks itself
Thank you Sven, really nice, I agree with the risk there, better waiting but interesting, in particular compared to American oil companies. I don't know if you have ever done an analysis on SONY, I think no, I watched almost all your videos, I think that Sony is becoming a compounder, shifting more in a stable business and less cyclical, I think is going to be interesting, maybe you can have a look 😊
Sven, thanks for your work. Wondering if you know how Petrobras decides how they determine their dividends?
How do you like $EC compared to $PBR?
Hi Sven. Big fan of your videos, specially with the market irrationality today. Can you give your perspective on MEG Energy (Canada).
Looks like they are great at losing $$ and printing shares lol
Meg has just reached its debt target in Q3 2024
Dedicated to return 100% of FCF going forward
Break even at mid $40s WTI
Nearly 50 year inventory life
Based on all the oil plays so far MEG looks most promising.
What do you think of Liontrust asset management? It also has a good dividend yield
In the video, you mention the multiple times oil has been cheaply priced in the chart. You stated the wait for these periods to possibly buy. You also mention other sectors to watch for low points to possible buy in at. What sectors are you referring to? Thank you very much and I have been watching for years.
Hi Sven, what do you think about TORM? It looks pretty cheap right now, with a huge dividend yield and a good price.
I'll check it out
I’ll just hold and drip in.
Thats what she said
They have several other activities, including investing in USA treasury. Hydroelectric power and etc. It’s a huge HUGE company!
If you want oil exposure buy Buffetts Oxy - though his preferred share dividends diminish common share holder equity each compounding cycle. But you still have the Buffett safety.
that is correct, OXY will survive...
If you buy Oxy the only person benefiting is Oxy and Buffet, there is no "buffet safety" there. He has sold off major positions quickly and of course Berkshire provides no notice of when they do that. You keep buying Oxy, the smart money will be buying Exxon and Chevron etc.
Hard to believe that DHL is more risky than Petrobras.
. . Che ne pensa del titolo Torm plc TRMD . . ? Può fare un ' analisi . ? Lo possiede Howard Marks al 23 % del suo portafoglio .!
Can you compare this to Fortescue Metals or Woodside Energy?
Petrobras is not just about oil, any development in hydrogen exploration will also greatly benefit Petrobras, who is by the way, the best company in the world to drill deep in the sea
hydrogen has been hype and is having trouble. Companies investing on it lost money up to now.
How can they grow when they pay 22% dividend and the current Brasilian Govt is more likely than not to increase the social rent?
Nothings grow here. Govt is God and it demands more. Do not send help. Not worth saving.
The government is the largest shareholder, meaning the greatest beneficiary of the dividend. The government actually requires 25% of profits to be distributed to shareholders. Oh, and the dividend is actually 14%, not 22%.
@@centurione6489 my comment was deleted. This is everything you need to know.
THANKS FROM AUSTRALIA
Why not buy EM markets high Dividends instead of this one? Maybe dividends aren't as big, but they are good enough imo.
good point!
good video thanks
another good company to review in Gas/Oil sector Woodside Energy
Hello Sven, can you please make a video on good stocks in FTSE 100.
Bats, lgen 9%+- yielders
I have great hopes for Web3 Infinity. The market appears to be reacting favorably.
Good conclusion, just wait for oil to drop lower and check again. But petrobas is a no go for me, 50 % of Brasilians are on government aid. Petrobas is more or less an ATM for the president, I do not want investments with high political risks like these. Better play this via US majors or perhaps Shell and TTE.
🗽 Oil is in a downtrend (correction).
I would prefer the US oil companies. They are also cheap, but managed much better.
.
Great vid!!
Great video
Can you place an update on Ambev since it tanked recently? Dit something changed or is it a better buy now?
All Brazilian stocks tanked recently.
@xJoeKing but is it sentiment (buying opportunity) or with a good reason?
Good video
Web3 Infinity's ecology is expanding. The community is dynamic and passionate.
Currency exchange risks..
How about an INMD update?
not my kind of business to follow
@ gotcha thanks for the reply. Would be curious where you’d put BABA on the quadrant. Would also be curious to see a review of GPN or WYNN
Do you ever invest in oil yourself?
did in Sept 2020...
Thank you sir. I have been in and out of oil, but it doesn't seem to be a good long term investment to me.
@@Value-Investingu didn't mention which companies in the video? would have helped with the possible bias in your analysis.
@zenastronomyhe made videos back in April, September and October 2020. you might wanna check those. he gave good instructions on how to look at the oil sector, such as invest in low cost producers, when oil is $40-50, the lower the better, high cash from operations. I doubled the money from 2020 to 2022 investing in CNQ and SU following his teaching.
Pbr.a is cheaper for the same stock. The floor for oil prices in the modern day is $60 a barrel. That’s when all the US production dies
With $60 a barrel US wins either way. Cheap oil means $1.50 per gallon and a booming economy, expensive oil means those producers employ thousands of workers and those companies pay out tons of tax and shareholder returns.
Hi Sven, what is the isin number ?
ticker symbol, it is a key to identify financial assets.
Never mind the stranded assets....
Web3 Infinity is on fire, it’s going to explode soon! 🔥💣
TOTB, Sven.
now vale, lets stay true to brazil :D
Please analyze TAV airports! :D
Its' still undervalued. Does anyone here know how to buy individual equities in the Istanbul stock market, as a Canadian?
@PlanFreeFinanceandAbundance have you tried interactive brokers
Can someone tell me the difference between PBR, PJXA, PBR A, PJX, PJXC?
I was browsing on Degiro while watching this video to take a look, the first four are all ARD on petrobras (nyse and tradegate) and PJXC is just petrobras. All five tickers have different charts, as if they weren't representing the same company.
I don't know. But I believe that PB&J means Peanut Butter and Jelly.
ABEV (Ambev)
Yuge risk = They are located in Brazil
Exactly, there's insane political risk here, based on how the current government is behaving around its fiscal imbalance and what they did with Petrobras last time they were in power.
As a general rule, I like to invest in companies that are slightly cheap; experience tells me that, if it's dirt cheap, there's probably some shannanigans going on, that I'm not aware of.
Especially (and I mean this in the most respectful way possible) in EM.
Yup and the devaluation of Brazilian currency. ⬇
I did not know that being located in the most stable country in South America was a risk.
Most mining stocks are located in countries with huge political risks like Mexico and African countries. This is the risk you take,
I wonder if Petrobras shouldn't simply stop investing in expansion a few years from now. No more capex, more profit in spite of a declining market. Be aware: every electric car added to the road will not use gasoline any more. And Chinese electric cars are getting very popular in Latin America these days.
TORM and Hafnia.
As an investment enthusiast, I often wonder how top-level investors are able to become millionaires through investing. I have a significant amount of capital to start with, but I'm unsure about the strategies and direction I should take to help me generate substantial profits like some people are this season
I’m not in a position to offer financial advice, but given the significant amount of capital you're working with, it would be wise to consult a financial advisor who can guide you in developing a strategy tailored to your goals and risk tolerance.
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
Thanks for sharing your experience! I’ve been managing my portfolio myself, but it’s not working out. Do you have any recommendations for a good investment advisor? I could really use some help.
Biggest bot convo ever. Just watch...
My CFA, Laurel Ann Watkins, is a renowned figure in her field. I recommend researching her name online; you’ll find all her credentials and everything you need to work with a reliable professional. With many years of experience, she is a valuable resource for anyone looking to navigate the financial market.
Given the valuation, dividend yield, low geopolitical risk PBR is probably the best large oil producer to buy. Also, more shareholder friendly right wing government (PBR is heavily influenced by Government) is very likely in the future as Lula becoming increasingly unpopular and his large deficit is fuelling inflation which, as we seen in US, is a killer to any Government despite strong economy.
Not sure though how collapsing real (BRL) is going to affect share price - that has not been mentioned in the video.
Until dividend yield
Is cut by 60% once oil hits $20
make it 100% if oil hits $40
Don’t get me wrong. Thank you for the info. I’ve seen you on other pods like Thoughtful Money and Wealthion. I agree with your analysis. Petrobras not my thing. However, I think the Seawolf Capital guys have a position... maybe? Glad I found your platform. Subscribing now!
The current management team at Petrobras is the same group responsible for the largest corruption scandal in the world in 2016. During that period, the company suspended dividend payments due to extensive financial misappropriation. Today, the significant volume of dividends distributed is essentially being used to address the government's fiscal deficit, given that Petrobras is a state-owned enterprise.
With the growing deficit, it would not be surprising if the company increases its dividend payouts further. However, part of the market perceives these payments as unsustainable, raising concerns that they might compromise the development of new projects.
As is often the case with investments in Brazil, I would classify Petrobras as a high-risk investment. Personally, I would only consider buying shares if there were a credible prospect of privatization.
You are largely misconstruing the dividend issue. Petrobras' management is rank-and-file technocrats, and it has always struggled with the government over strategy, but Lula is getting it right this time around (due to external pressures). It seems you are a Bolsonarista, so your view is eschewed. No, thanks.
@@bill_quag Dear Bill, It is always challenging to predict the future, but regardless of the political party in power, Petrobras has consistently been used to prioritize political interests over those of its shareholders. I was a shareholder of Petrobras from 2011 to 2016 and experienced significant setbacks due to political interference in the company. Personally, I would only consider investing in Petrobras again if the company were privatized.
What you’re missing is that this time BlackRock is on board and they simply won’t allow mismanagement to happen again.
@@andreluiswendtdossantos7522 yep, I agree with @phd_angel, you are 100% bolsonarista. I've been holding also for a decade. Prices goes up and down, but I keep buying more and I must say that I have really good results holding collecting dividends and reinvesting in those times when it gets ugly. Everyone has its own strategy. Mine works for me well so far, so I'm continuing in it. Good luck everyone.
Tempting, however with Trump coming into office and the possibility of him doing good on his promise of drill baby drill I might revisit in a few years.
What I worry with them is government takeover…
always possible, especially in crisis and with very low stock price...
Electric Shock
For risky Brazilian giants I prefer VALE. Copper play instead of oil
Vale is reliant on China. It’s going to take many cycles to recover, if ever.
Chinese people are losing a lot of money on real estate.
@@BxBL85 How reliant on China is it?
Until the dividend yield is cut by 60% once oil price drops below $50
in the next 12 months.
:-) yeo!
It’s really cheap but the company is state owned. You gonna get robbed (again) by Lula , the difficult part of the analysis is that you can’t know how much.
A question for SVEN,
It wouldn't surprise to me to see oil between $50-60 in 2025. I expect this would push PBR share prices down. If that did happen, and else being equal, would that make PBR less risky, because one would be buying in at a cheaper price?
I'm interested but I will watch for the next 2-4 months, hopefully for a better entry opportunity.
It's wise to wait, but you'll be missing out on a14% dividend. The entry price isn't that bad currently.
@@phd_angel Good point about the dividend.
What's the point of getting a 14% dividend if the stock price drops 14%?
If the oil prices drop, a 14% drop in the stock price wouldn't surprise me.
@ what if… what if… what if…
The price is basically at 12 month lows. Sure, it may go down a bit if oil goes to $55, but now is a great entry point.
ahh finaly
The problem is Lula
They've said the same about Argentina too and their market has doubled under Milei.
@@brendansmith7842 Exactly, under Milei, who's a capitalist and he's fighting corruption.That was his point. Lula is the opposite.
@@960john my friend in Brazil claims the capitalists and wealthy are ganging up against lula,devaluing the real and stock market. I am in no position to argue with him. I don't really know his policies, he also thought lula was complicit in the car wash scandal. The markets didn't seem to like bolsonaro either bc he was seriously perceived as a possible dictator.
I always look up your videos for update! Our government has no idea how people are suffering these days. I feel for people with disabilities not getting the help they deserve.
Thank you Mrs Linda, imagine investing $1000 and receiving $5,300.
I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimonies on CNBC news last week...
Trader Linda strategy has normalised winning trades for me also. and it's a huge milestone for me looking back to how it all started
please educate me, I've come across this name before, Now i'm interested
Please is there any link or information about her, how can I reach her?
I'm from the Delhi, me and two other friends of mine immediately tried it, we testified, she is a performance of Wonder
It's hard to invest in oil when you're watching the EV market expand and more and more nations push EV adoption even harder. The cliff for oil production is coming.
It's not lol.
Nobody wants those EVs.
German manufacturers are in a crisis
This guy called sprouts like 3 years ago
Sven as usual with a balanced boring view. Delivers every time.
you have better stock in this sector to analyze Polish ORLEN
Car Wash. Maybe paying bribery is not immoral. But you need decide for yourself before investing.
you classify yourself as a chronic Graham. buffet manger munger value investor dyed in the wool
like tesla
sooo
Why do any of these companies need consideration when they don’t add up to the most basic criteria
i.e. 0% ownership by insiders in a company that has had corruption
Is it really that hard to find the 5 to 10 criterion the buffet looks for?
you tube is risk and reward analysis to give value through analysis - if I find a good one, that is maybe 5 in a decade...
oil will be going down (Trump will drill, supply will increase) which will have large neg affects in PBR
I wouldn't invest a nickel in Brazil until Lula is gone.
Do not buy this stock. I got in mid last year for 14.8x was attracted by a dividend. I lost way more than the dividend received. You’ve been warned
So you bought at the wrong time dude. Don’t assume is a bad stock now!
@@_mklein it is a bad stock, because of opportunity cost. Put that money into s&p 500 or any mag 7 would do so much better. There is no need to try to be smart and find these foreign companies that sell at discount. There is a reason for that. Btw I didn’t sell but as soonx as I make my money I am getting out of this position because of the opportunity cost
Dude, you bought the stock six months ago, and are already declaring it to be a bad stock?!?!? If you have no patience, you shouldn't be investing. Yes, go with some safe ETF and chill.
@ did much better with Tesla and Nvidia. Palantir etc. I’m just saying it’s not as good as other options there. You tell me in 5 years then
I adore the excitement surrounding Web3 Infinity. This might be the upcoming big thing!
There are much better and safer alternative currencies, including Web3 Infinity, thus I'm no longer intrigued in those ones.
hi Sven thanks for the video, what do you think about flowers foods and Bunge?
If oil stays low, I can see Petrobras crashing hard... but what if it spikes again? Anyone else playing the long game on this one? 📉📈