Another stock that is surprisingly performing in lockstep with the market (that means deeply red). How come …
Continue reading “Thoughts on SES going down (SESG LX)”Category: Update
Quadients H1 2021 resulst
QDT earnings for six months ending JUly 31, 2021 were released on Sept 27.
Continue reading “Quadients H1 2021 resulst”Quálitas (Q* MM), July 2021
Quálitas is referred to as the Mexican Progressive.
Continue reading “Quálitas (Q* MM), July 2021”Shinoken (8909 JP), June 2021
Shinoken seems like a good bet to take.
Continue reading “Shinoken (8909 JP), June 2021”SES SA (SESG LX), May 2021
The market focusses on the negatives too much. This is a defensive business with a bunch of positive one-offs. Yes, positive one-offs!
Continue reading “SES SA (SESG LX), May 2021”Flow Traders revisited (FLOW NA), May 2021
Recently, I read (and re-read) several books and other content about our biases and how these affect our investing decisions (mostly negatively). Over-confidence is one of the very common biases. My learnings about biases motivated me to revisit my Flow Traders analysis …
Continue reading “Flow Traders revisited (FLOW NA), May 2021”Flow Traders (FLOW NA), April 2021
I follow Flow Traders for some years but only bought shares late last year – unfortunately after the pandemic-iduced market crash. I like the company and it is one of my medium sized positions (currently seventh biggest). I took another look at flow but did not buy more shares, so far …
Continue reading “Flow Traders (FLOW NA), April 2021”Germans buy stocks (again). Time to review Tick TS …
With Trade Republic, Germany has its own robinhood – though the app’s gamification /products /users and stimuli to gamble instead of investing at the financial markets is not as extreme as its American role model Robinhood. But, Germans start to invest again …
Continue reading “Germans buy stocks (again). Time to review Tick TS …”Quick update on Quadient (and a small buy)
After some news regarding Quadient I bought some shares recently.
Continue reading “Quick update on Quadient (and a small buy)”Quicky on BBBY (Q3 2020)
Jan 7th, Bed Bath & Beyond (BBBY US) reported its Q3 results for three months ending Nov 2020.
Continue reading “Quicky on BBBY (Q3 2020)”I like this auto insurance company since it is Progressive
Traditional auto insurance companies are not the most desired investments currently. It’s all too easy to buy all these sexy new insurtechs around the corner (via your commission-free trading app). Advertising (or listing) your company as a tech company that could/would/should grow it’s revenue/users/losses by 10/20/50x is all the rage now. If that is what ‘investors’ want, that’s what they get …
Continue reading “I like this auto insurance company since it is Progressive”Oriental Watch still has a huge pile of excess cash
Oriental Watch completed its conditional share buy back offer and reported H1 results.
Continue reading “Oriental Watch still has a huge pile of excess cash”Update on SoftBank after Q2 2020 results
SoftBank Group (9984 JP) reported Q2 results, for the period ending Sept 30, 2020.
Continue reading “Update on SoftBank after Q2 2020 results”Pandora Q3 2020: faces big risks from new lockdowns but turnaround is well underway
On Nov 3rd, Pandora reported solid Q3 results. New lockdowns represent a risk, especially taking into account the importance of seasonal business within Christmas time.
+Buying Oriental Watch despite short term uncertainty
Since my last post regarding Oriental Watch I wanted to buy some shares, but never did so because …
Continue reading “Buying Oriental Watch despite short term uncertainty”Is SoftBank Group still worth holding? (update after Q1 results)
SoftBank Group Corp. reported its earnings results for Q1 FY2020 ending June 30, on Tuesday (Aug 11, 2020). Time to update my SOTP valuation …
Continue reading “Is SoftBank Group still worth holding? (update after Q1 results)”Quicky on Q2 results: SES on Track
Today SES SA released its financial results for Q2 2020.
Continue reading “Quicky on Q2 results: SES on Track”Did Check Point profit from WFH in Q2?
Today, Check Point released its Q2 results and presented solid financial trends.
Continue reading “Did Check Point profit from WFH in Q2?”Revisited: Is Oriental Watch the right Hong Kong bargain I want to buy right NOW?
In April, I finally published a post about Oriental Watch. I followed the company since October 2019, but uncertainty remained too high to form an investment case. The bottom line was, I promised to take another look at Oriental Watch when the (preliminary) annual results are available. Final results were released Monday …
Continue reading “Revisited: Is Oriental Watch the right Hong Kong bargain I want to buy right NOW?”About Catalysts in the Chemistry Lab and the Investing World
A catalyst is a substance which increases the rate of a chemical reaction, according to wikipedia. In the realm of value investing, a catalyst is an event that brings the price of a traded security more into line with its fair value. The catalyst gets the reaction started …
Continue reading “About Catalysts in the Chemistry Lab and the Investing World”Softbank Group: Do I Want to Buy More, Hold or Sell?
SoftBank Group (SBG) reported its earnings results for FY2019 on Monday (May 18, 2020), including record losses — mostly driven by adjusting the value of its investments like WeWork and Uber, downwards. Son announced another share buy back program and that SoftBank would invest in startups on its own, since finding outside investors for SVF sequels is unlikely. Time to update my sum-of-the-parts valuation…
Continue reading “Softbank Group: Do I Want to Buy More, Hold or Sell?”Did SES prove its Resiliency in Q1 2020?
SES SA reported solid results for Q1 in line with expectations. Video shrinks, networks growth accelerated. Measures to mitigate 2020 headwinds implemented…
Continue reading “Did SES prove its Resiliency in Q1 2020?”How did Pandora fare in Q1 with Corona hitting Physical Stores Hardest?
Pandora A/S (PNDORA DC) released its Interim Financial Report Q1 2020 today (May 5, 2020). January and February showed very encouraging sales trends, but then Corona hit the physical store networks. How did Pandora cope with the lockdowns?
Continue reading “How did Pandora fare in Q1 with Corona hitting Physical Stores Hardest?”Pandora💍 Valuation Update after Trading Update in March 2020
Pandora A/S released its Trading Update on Monday, 16 March 2020. As could have been expected Pandora withdrew its former financial guidance in the face of corona virus and global economic fallout.
Valuation Update of Check Point Software after FY 2019 results
Check Point Software Technologies Ltd. released Q4 results and its Annual Report 2019 on February 3rd, 2020. Time to check my underlying assumptions and to update my valuation model if neccessary …