Feed Κοινότητα
JB
Jason Bellier
@neostonks · Jun 23

I wrote an article about it yesterday and today 1/2 of the problems are solved and $MMM stock is up less than 5% so far. I like it that way! 😄

3M has committed to pay up to $10.3 billion over the next 13 years to support PFAS remediation for public water suppliers (PWS) in the US. Now all we have to do is sort out the earplugs and we're done. As I wrote yesterday, the stock is being held down by the uncertainty over the amount. Today basically confirmed my scenario that the amount that is +- expected will be quantified and the stock will rebound.

Προσωπική άποψη μέλους της κοινότητας, όχι επενδυτική σύσταση. Κανόνες κοινότητας

BC
Bill Combs @billcombs Jun 23

Well, that's great news, and I'm glad to hear it. However, as Marek writes, earplugs will probably be a bigger problem.

BC
Bill Combs @billcombs Jun 23

Well, that's great news, and I'm glad to hear it. However, as Marek writes, earplugs will probably be a bigger problem.

DL
Duc Long Hoang @duchoang Jun 23

Nothing again 😂

RR
Rickie Reeve @rickiereeve Jun 23

I guess earplugs are still a bit of a pain. We may be where we were, but I'm glad to hear that. The amount is manageable.

BC
Bill Combs @billcombs Jun 23

I agree, the earplugs point about the bigger issue. However, I trust the company and hope they get it right.

RB
Ralphie Barlow @ralphiebarlow Jun 23

Great news for investors, plus the 10bn will be spread over 13 years, so the burden is kind of minimal seeing the numbers they generate annually.

JB
Jason Bellier @neostonks Jun 23

I also like the fact that the amount is not just for the damage caused, but also for the possible prevention of further problems and damage.

NG
Nikolas Gabriels @nikgab Jun 23

One would have expected more of a drop after having to pay $10 billion, but I guess it's really in the share price here.

JB
Jason Bellier @neostonks Jun 23

Uncertainty is a killer, and when you don't know what amount to count on, it's hard to estimate how far it can fall. In the final analysis, though, I believe the market has pulled them down a lot more, and once the compensation on the plugs is determined, hopefully things will stabilize.

Χρησιμοποιούμε απαραίτητα cookies για τη λειτουργία του ιστότοπου και προαιρετικά αναλυτικά cookies για τη μέτρηση της χρήσης. Δείτε την Πολιτική απορρήτου μας.