VALE SA WKN: 897136 ISIN: BRVALEACNOR0 Kürzel: CVLC Forum: Aktien Thema: Hauptdiskussion

up up up

Und los gehts 🚀

Ist jetzt nicht der Boden erreicht? Geht doch seitwärts…., oder nicht ?

Wann ist denn hier der Boden erreicht 🤔

Absolut unterbewertete Rohstoffperle, geile Dividende und viel Aufwärtspotential !

Operating Performance In third-quarter 2021, cost of goods sold totaled $5.8 billion, up 21% year over year. Gross profit increased 15% year over year to $6.8 billion. Gross margin was 54% compared with 55% in the prior-year quarter.Selling, general and administrative expenditure declined 9% year over year to $115 million. Research and evaluation expenses climbed 29% to $136 million from the year-ago quarter.Adjusted operating income was $6.2 billion in the reported quarter, reflecting growth of 17% from the prior-year quarter. Adjusted EBITDA was $6.9 billion in the reported quarter compared with $6.1 billion in the prior-year quarter.Pro-forma adjusted EBITDA (excluding expenses related to Brumadinho and COVID-19) advanced 14% year over year to $7.1 billion.Ferrous Minerals’ EBITDA increased 15% year over year to $6.7 billion — the highest EBITDA result for a third quarter since 2012. Base Metals EBITDA slumped 36% to $505 million from the last-year quarter. Coal EBITDA was $32 million against a negative $213 million in third-quarter 2020. Balance Sheet & Cash Flow Vale exited the third quarter of 2021 with cash and cash equivalents of $10.8 billion compared with $8.8 billion at the end of the last-year quarter. Free cash flow in the quarter was around $7.8 in the quarter under review.In September, the company paid dividends of $7.4 billion, bringing the year-to-date total to $13.5 billion. Vale’s board of directors approved a new share buyback program of up to 200 million shares, equivalent to 4.1% of the currently outstanding shares of the company.Gross debt at the quarter-end was $11.9 billion compared with $13.4 billion at the end of the last-year quarter. In the reported quarter, net cash generated from operating activities was around $9 billion compared with $4.8 billion in the prior-year quarter. Outlook In sync with its “value over volume” approach, Vale has decided to lower its supply of high-silica low-margin products by around 4 Mt in the fourth quarter, due to weak demand and low prices. It added that if this scenario persists, it will reduce the offering of low-margin products in 2022 by around 12-15 Mt.Per the World Steel Association, steel demand will go up 4.5% year over year in 2021 and further 2.2% in 2022. Apart from China, the steel sector will gain on pent-up demand, and rising business and consumer confidence. This will continue to support iron ore demand. However, weak demand in China will remain a headwind.Meanwhile, China’s curb on steel production will hurt coking coal demand. Prices for the thermal coal market will be supported in the fourth quarter by demand and supply imbalance. For nickel, the company anticipates a deficit in 2021. Growth in stainless steel production and a shift toward the electrification of the world economies will continue to support demand for the metal. Copper market is also expected to show a deficit this year and prices are expected to ride on robust demand and persisting supply issues.

Vale S.A. (VALE - Free Report) reported third-quarter 2021 adjusted earnings per share of $1.16, which surpassed the Zacks Consensus Estimate of $1.08. The bottom line improved 38% from 84 cents reported in the prior-year quarter. This upside can primarily be attributed to strong performance of the Ferrous Minerals business, driven by higher volumes and year-over-year iron ore prices. Gains from higher year on year nickel and copper prices were offset by lower production due to labor disruption at Sudbury.Including one-time items such as impairment charges in the coal business, earnings in the quarter was 76 cents compared with 57 cents in the year-ago quarter. Revenues Net operating revenues improved 18% year over year to around $12.7 billion but missed the Zacks Consensus Estimate of $14.1 billion. Net operating revenues from Ferrous Minerals surged 23% year over year to $10.7 billion. Base Metals’ net operating revenues declined 13% to $1.6 billion. The Coal segment’s revenues soared 242% year over year to $352 million. Even though iron ore prices have lost steam through the quarter due to weak demand in China on account of its intensified curbs on steel production, it still remains higher compared to the prior-year quarter. Nickel and copper prices were higher compared to the prior-year quarter. While sales volumes for iron ore, manganese, metallurgical and thermal coal were higher than year-ago levels, volumes for pellets, nickel, copper declined.

Die Chinesen kaufen über 50 % der weltweiten Bau-Rohstoffe. Rio Tinto, BHP und Vale haben 70% Weltmarktanteil. Das ist natürlich viel. Aber in wie fern die Spannungen zwischen (Großbritannien, Australien, USA und China) auf das Geschäft auswirken werden. 🤷‍♂️

Okay, aber auch da sind doch die Chinesen bestimmt die hauptabnehmer?

@Tobac es geht hier mehr um Kupfer, Nickel, Eisen etc. weniger um Kohle. Die 3 Riesen geben viel Geld für die zukünftige Förderung aus. Deshalb auch die hohe Div. von 20 %

Bin am überlegen . Wollte letzte woche schon rein hab mich dann aber für facebook (meta) entschieden.

Hab mir 200 Stück gekauft

Knapp 20 % div Rendite ist ja schon mal top👌🏻 wenn die sich jetzt mit China vertragen und der Kurs mal eine Gegenbewegung startet kann man sich hier schon mal eine posi aufbauen denke ich... Gerade weil australien wenig Bock auf china hat, sollte man meinen dass einer der 3. Größten kohlekonzerne die bessere Wahl ist🤔 erstmal auf die watchlist

Ist schon jemand investiert oder baut ihr euere ersten Positionen auf ?

@JGI ich stimme dir zu. Der Markt in Brasilien ist verhältnismäßig instabil. (Verhältnis zu EU/USA) bovespa index vs DAX