RE:RE:RE:Germany
Whognu
I understand very well that you are being cautious these days....As far as I am concerned my main portfolio consists of solid companies and I am very careful with my choices.
However I have another smaller and more speculative portfolio which is made up of smallcap and with which I buy for the long term.
In this last portfolio my return is negative for the moment and that does not worry me at all because I have full confidence in Xebec and the tailwind of global warming which will follow it for the future.
Currently Xebec is not profitable but the pandemic, supply problems, legacy contracts, the war in Ukraine are all temporary problems that the new management will eventually adjust to...... They have a three years plan to improve their results and I intend to give them that time before thinking about changing to another company.
Global warming is here to stay and the consequences will only be reduced by companies like Xebec..... This is unavoidable.