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Mart Poom
@martpoom · Jul 18

Since someone mentioned $ASML - do you think there is a similarly important but unknown company in the world? I think it could be BASF. What do you think?

BASF is one of the largest chemical companies in the world, specialising in the production of chemical products for a wide range of industries. The company produces, for example, polymers, pesticides, dyes, pharmaceuticals, catalysts, electronic materials and much more. BASF is attractive to investors because of its long-term success and steady performance, which is reflected in its strong financial statement and dividends to shareholders.

The company invests heavily in research and development, which allows it to maintain a high level of competitiveness and innovate in various areas. However, BASF is not a well-known company to the general public because it primarily targets industrial customers and its products are often used as parts of manufacturing processes rather than as consumer goods.

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BC

I really like ASML, but I will definitely look at BASF.

RR

Bingo! I've never heard of BASF.

$IP comes to mind. Cardboard boxes and paper are, although not many people realize it, very important. But I would say the company is not that well known. It's probably not quite at the level of $ASML, but the parallel is perhaps valid.

BC

Interesting focus and an interesting company, I wouldn't even think that the shares of such a company could be publicly traded.

Thanks for the tip, I'll check it out.

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