Apr. 8 at 11:19 PM
$GGB might takes days/weeks or even a months for reaching a tariff deal between the US and the other countries(especially China).
Once it happens - we shall crawl back to 3 imo.
The P/E is a joke here, between the years 2014-2020 when the net income was lower than 2024FY, the sp was traded around 2.5 - 3.5.
Maybe I wrong and missing hidden things but from what I'm seeing - the company keep pushing forward, lowering costs, boosting capacities and may even open new plants in the USA.
I'm waiting for the stabilization before adding more - risky environment but money made in cryptic times.
GL y'all! 🙏