בס״ד

Gas Will Rise… Until it stops. (LIN)

Posted on January 5, 2022

In the gas space, there are a great number of prominent British players.  Mostly, of course, because that nation spent a couple of centuries conquering and stealing the world’s resources from less militarily inclined peoples and then forced them into deals to maintain the looting in return for “protection”.

It’s mafia tactics under the guise of statesmanship and democracy, and it’s all water under the bridge at this point, of course.  But it’s best pointed out, all the same.

The company we’re highlighting today is Linde plc (NYSE:LIN), chemical dealers with a $175 billion market cap and a worldwide distribution network.

The company is tied in well with a good number of governments, their militaries and spy networks, yet that won’t help them when the selling begins.

Why?

Let’s look at some fundamentals…

  • The stock trades with a trailing earnings multiple of 50.74 – and remember, this is a commodity reseller!
  • She offers a Dividend of 1.23%,
  • And sports a P/B of 4.01.  And there’s no reason in the world for that.

In short, we have numbers that are jolly good skanky, and are due to come off.

We just need to get the right angle…

Linde has begun building the world’s first hydrogen refueling station for passenger trains in Germany, and the project should be set to operate later this year.

That could get the ball rolling on a great number of similar projects – if it’s successful.

But business and stock price have absolutely nothing to do with each other.

And that’s why we’re still betting on a slide.

Take a look at the chart –

Hashem will mete out justice in an exquisitely exacting manner.  And none will escape judgement.

Many happy returns!

Matt McAbby

 

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