Oil, gold, base metals, silver, palladium, platinum, wheat, corn, grains and soft commodities and stocks of the associated commodities mining and producing companies are the current undervalued, under-served, under invested value investing asset class in Wolfteam Ltd.'s corporate view.
Commodities companies are trading at very low, unfounded by logic, Price/Earnings, Price/Sales, Price/Book ratios. ESG investing is at the top of the minds of global investors, helped by government regulation, as if we are a socialist market place. The huge wave of money flowing into ESG is making energy, precious and base metals, wheat, corn producing companies undervalued.
Not surprising value investors like Warren Buffett, large petroleum super majors like Exxon Mobil, Chevron, BP and Shell are investing heavily and buying up small, mid-sized and even large conventional oil and gas producing companies.
At these low valuations, low Price/Earnings, Price/Sales, Price/Book and undervalued asset base, it is not surprising the current interest in petroleum producing companies. The interest in buying up commodities companies will increase in the future, according to Wolfteam Ltd.
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