@@jimd8752 "Technical chart analysis is the only thing that should be considered when buying and selling, everything else is just noise." - OH YES, FUNDAMENTALS ARE NOT IMPORTANT AT ALL. I can guess all the money you are losing on a daily basis.
Nice video as always. You missed one of the important things relevant to Vale now - 30 billions of fines they need to pay relevant to environmental issues from the past. These fines are yet to be payed and may be one of the reasons stock appears to be cheap. Just my thoughts.
Been buying Vale every week for the past year or so. Well diversified, decent dividend. Mgnt w/out skin in the game is NO BUENO! However, I think the next 10 years will be better than the last 10 years with #Vale. Another company I like from Brazil, PBR! Again, good dividends. Cheers
😂 After my last video on Vale, I was corrected in the comments that it is pronounced “Valet.” Now it’s the other way around. Well, I guess I’ll never get it right.
I own a tiny position on VALE. It is yet one of those mystery value Brazilian company (same as PBR). The fundamentals look great for the price. But is there something we don't know about in Brazil?
I've got a sizable position in Vale. A P/E of 4.9 (earnings yield of 20%-plus), a free cash flow margin of 11.83%, a 5-year EPS growth of 32%, and BRICS+ countries as its biggest customers with a current dividend yield of 9.8%...buying more! Oh, the earnings coverage is 24%.
it's dependency on China makes it very risky. However at current prices it's tempting. Also yesterday someone unloaded a huge number of shares. Thanks for your extensive analysis.
Good video thanks. You mentioned long term debt but you didn't say anything about short term debt. I'd appreciate it a lot if you could share your opinion on short term debt for this company. Thanks again. Regards from Chile.
Some extra data for consideration, some that, in my opinion make Vale a very interesting buy at current prices (or below): - Last time i checked their cost to produce 1 ton of iron ore is 23.5 USD. With the current price of the Iron Ore above 100 USD, well…huge profit! The Iron ore price would have to drop a lot to cause them any trouble. - Brazilians dont have it in their culture investing in the stock market. Also (unless it changed recently) companies there cant offer benefits like ESPP. So no surprise you dont have insiders buying. - What they generated in Free cash flow in the past 3 years is equivalente to their entire Market Cap. I can list at least 3 or more strenghts of this business if anyone else is interested 😊
Keep going! :) Also very interesting to know, that brazil has no investing culture. I expect the CEOs/Top Manager to know better than the random brazilian on the street, but maybe it explains, why the stocks in brazil are rather cheap / have a low P/E ratio 🤔
Vale will begin the process to build an iron ore briquette plant in Louisiana after wrapping up talks with the U.S. Department of Energy for $282.9 million in financing for the project through 2031
Buy low - right? Do we believe China will be down forever (especially given government stimulus), do we believe the dollar will be this strong forever (especially when new administration wants a lower dollar), do we believe iron ore price will be down forever? I don’t but it will take time for these to work themselves out. Vale great long term play IMO plus I get paid to wait.
A formulaic process will yield formulaic results. Demanding a margin of safety and leaning on DCFs will ensure missing the best investments. 99.9% of “cheap” companies stay cheap and are cheap for a reason.
Acquiring stocks could appear simple, but choosing the right stock without a tested plan can be very difficult. My main barrier to growing my $210K portfolio, which I've been working on for a while, is the absence of well-defined entry and exit plans. Any guidance on this would be highly valued.
Personally, I would say have a mentor. Not sure where you will get an experienced one, but if your knowledge of the market is limited, it seems like a good bet.
’d suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $130k in passive diversified safe-haven assets, Up 358k so far and pretty sure I'm ready for whatever comes.
I'm very cautious about giving specific recommendations as everyone's situation varies. Consider independent financial advisors like Jessica Dawn Walters I've worked with her for some years and highly recommend her. Check if she meets your criteria.
Been holding VALE about 5 years and all its done is go down. Dividend is unstable and I think its gone down 2 or 3 times since I've been holding. If it ever comes up I'll dump it.
@userjoe4321 Well, you tell my portfolio that.. LOL Must have been a timing thing because I've been solid red for the last 3 years. Yeah it was up and down at first but the reds kept get deeper and longer. Then you get hit with AVR too.
The name of the company is pronounced as "Valley". And Vale means exactly that: valley, in portuguese.
this bro is too used to having his car parked at restaurants valet service.
Awesome video on Vale, i bought $5k worth at 9.50 a share. Going to keep buying if it goes does more. Best stock right now.
Thanks and good luck 🤞
@@jimd8752 "Technical chart analysis is the only thing that should be considered when buying and selling, everything else is just noise." - OH YES, FUNDAMENTALS ARE NOT IMPORTANT AT ALL. I can guess all the money you are losing on a daily basis.
@@jimd8752 everybody has their own brain and choices in life. Don’t ever become the victim and you will enjoy life and make money.
Nice video as always. You missed one of the important things relevant to Vale now - 30 billions of fines they need to pay relevant to environmental issues from the past. These fines are yet to be payed and may be one of the reasons stock appears to be cheap. Just my thoughts.
Yes they have to pay a $7bn fine, its their free cash flow for a year. ($7.2bn in 2023)
The Iron ore prices are Extreme Low Thats the Reason if the Price rise again so will the Stock.
The penalties are scheduled to be paid out over more than a decade. The fines are not due in a lump sum, so it’s not a huge burden on the company.
is it ironic that the metals vale mines are going to be needed for the green transition?
I’m buying VALE hard. Always invest in things BEFORE people invest in those things.
Been buying Vale every week for the past year or so. Well diversified, decent dividend. Mgnt w/out skin in the game is NO BUENO!
However, I think the next 10 years will be better than the last 10 years with #Vale. Another company I like from Brazil, PBR! Again, good dividends.
Cheers
"ValeT"? Huh?
Any special reason you keep mispronouncing the name of the company?
Since it's Brazillian. It should actually be Valé. (As in OK)
@@snoomtreb vale has no accent in the e nor vale (as in OK) is pronounced that way...
Out of all, this is what you comment on?
😂 After my last video on Vale, I was corrected in the comments that it is pronounced “Valet.” Now it’s the other way around. Well, I guess I’ll never get it right.
@@BaldInvestorI see why you pronounced it like that but valet is is pronounced "Val-Eh". Like the people that park your car for you at a hotel.
Doesn't Vale have some legal court cases pending at the moment, that may be weighing on the price.
I own a tiny position on VALE. It is yet one of those mystery value Brazilian company (same as PBR). The fundamentals look great for the price. But is there something we don't know about in Brazil?
Great analysis! Thanks!
Glad you liked it!
I've got a sizable position in Vale. A P/E of 4.9 (earnings yield of 20%-plus), a free cash flow margin of 11.83%, a 5-year EPS growth of 32%, and BRICS+ countries as its biggest customers with a current dividend yield of 9.8%...buying more! Oh, the earnings coverage is 24%.
Everything right with the company
Everything wrong with Lula da Silva, the president of Brazil
I own quite a bit of this stock at 10 dollars.
it's dependency on China makes it very risky. However at current prices it's tempting. Also yesterday someone unloaded a huge number of shares. Thanks for your extensive analysis.
Good video thanks.
You mentioned long term debt but you didn't say anything about short term debt.
I'd appreciate it a lot if you could share your opinion on short term debt for this company.
Thanks again.
Regards from Chile.
Some extra data for consideration, some that, in my opinion make Vale a very interesting buy at current prices (or below):
- Last time i checked their cost to produce 1 ton of iron ore is 23.5 USD. With the current price of the Iron Ore above 100 USD, well…huge profit! The Iron ore price would have to drop a lot to cause them any trouble.
- Brazilians dont have it in their culture investing in the stock market. Also (unless it changed recently) companies there cant offer benefits like ESPP. So no surprise you dont have insiders buying.
- What they generated in Free cash flow in the past 3 years is equivalente to their entire Market Cap.
I can list at least 3 or more strenghts of this business if anyone else is interested 😊
Keep going! :)
Also very interesting to know, that brazil has no investing culture. I expect the CEOs/Top Manager to know better than the random brazilian on the street, but maybe it explains, why the stocks in brazil are rather cheap / have a low P/E ratio 🤔
What do you think about the value gap between Rio Tinto and Vale being due to geopolitical concerns?
NICE VIDEO THANK YOU
Glad you like it. Thanks for watching.
Vale will begin the process to build an iron ore briquette plant in Louisiana after wrapping up talks with the U.S. Department of Energy for $282.9 million in financing for the project through 2031
Iron and nickel at multi-year lows. Time to buy.
Vale is a greate company, thanks for sharing
what is the cause of the drops recently?
Buy low - right? Do we believe China will be down forever (especially given government stimulus), do we believe the dollar will be this strong forever (especially when new administration wants a lower dollar), do we believe iron ore price will be down forever? I don’t but it will take time for these to work themselves out. Vale great long term play IMO plus I get paid to wait.
Would you mind to make an assessment of Ganfeng Lithium?
Buy buy buy
I prefer uranium companies now if we speak about mining, but VALE is probably just the next best choice in my opinion :) Very nice video btw.
Thank you very much 🙏
Since this video launched, the stock has gone down alot. What is the reason behind this drop? Iron ore spot price isnt lower than 90.
Straddling Rio and Vale. Is Vale too dependent on its relationship with China ? Aren't we all too dependent on our relationship with China ?
Thank you
Do you have Howard Marks’ permission to use his photo on this content?
Is that you Howard?
It's interesting that he did not mention currency risk.
Works in all the world and the main currency it works are US $
Remember Marks primarily deals in debt.
Can you explain more? I was surprised that he sold some of his positions
The biggest problem is potential political interference from the government
The problem is the ore prices are going down and staying down. I don't think china will stay down.
“VAL-AY” 😉
A formulaic process will yield formulaic results.
Demanding a margin of safety and leaning on DCFs will ensure missing the best investments.
99.9% of “cheap” companies stay cheap and are cheap for a reason.
Nice video! I invested 3000€ within the last 3 months
Thanks and good luck 🤞
I’m 25% negative on this stock. Really hoping it will recover at some point…..
Not quite there yet... Let's wait for a recession, when iron prices hit 50. Then buy Vale :)
How can someone do so much research on a company and not know how to pronounce its name??
It is a cyclic company , buy in the deep ,waiting getting dividens and when it rises sell it.
High payouts stocks are held by major ETFs
People are freaked out because of China and don't see how undervalued is this stock right now
Acquiring stocks could appear simple, but choosing the right stock without a tested plan can be very difficult. My main barrier to growing my $210K portfolio, which I've been working on for a while, is the absence of well-defined entry and exit plans. Any guidance on this would be highly valued.
Personally, I would say have a mentor. Not sure where you will get an experienced one, but if your knowledge of the market is limited, it seems like a good bet.
’d suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $130k in passive diversified safe-haven assets, Up 358k so far and pretty sure I'm ready for whatever comes.
I'm very cautious about giving specific recommendations as everyone's situation varies. Consider independent financial advisors like Jessica Dawn Walters I've worked with her for some years and highly recommend her. Check if she meets your criteria.
It's not a flip
You pronouncing it ValeT tells me you have no clue about the company. Just generic text read down. Your first video presented to me. Not impressed.
Tell us what you know about Vale?
Been holding VALE about 5 years and all its done is go down.
Dividend is unstable and I think its gone down 2 or 3 times since I've been holding.
If it ever comes up I'll dump it.
@edmundanderson657 over the last 5 years Vale has been up and down and up and down... it is cyclical like all commodity stocks.
@userjoe4321
Well, you tell my portfolio that.. LOL Must have been a timing thing because I've been solid red for the last 3 years. Yeah it was up and down at first but the reds kept get deeper and longer. Then you get hit with AVR too.
@edmundanderson657 look at the stock chart for Vale over the last 5 years. It is a timing thing.