I don’t think it has been that long since I considered Neste expensive, and slowly the stock has dropped to become almost affordable. Of course, certain risks still concern me, but this high-quality company is no longer expensive, if I may say so.
The weak long-term demand outlook for oil-based fuels is a concern. If we look several years ahead, how will Neste fare in the markets? Is Neste’s industry gradually dying into a niche?
I want to consider the long-term risks, and I’m wondering if Neste is a company of the future or not.
Sorry for my dramatic tone.