I wanted to take a closer look for some time. Finally started some weeks ago and already bought a (starter?) position …Continue reading “Mo-BRUK (MBR PW), Oct 2021”
Category: Buy, Positive
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”
Progressive (PGR US), March 2021
Progressive is one of my biggest positions. It’s a very profitable defensive business with ample growth runway for putting its retained earnings to use and continue to earn high returns on equity.Continue reading “Progressive (PGR US), March 2021”
We all look for quality businesses … at the same crowded places. I placed a bet on Qualitás elsewhere.
We are all looking for high quality businesses. Mostly this high quality is apparent (to everyone) only when the price has reached levels from where it is very much fun to look backwards. Many investors find high quality businesses within the ranks of well known companies and better known stocks (and ticker symbols). Maybe I have found something off the beaten path in less crowded markets …Continue reading “We all look for quality businesses … at the same crowded places. I placed a bet on Qualitás elsewhere.”
Quicky #18 on Globaltrans (GLTR LI)
Russia is a market segment shun by investors. It’s also a vast country. What better way to transport bulk by rail? …Continue reading “Quicky #18 on Globaltrans (GLTR LI)”
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)”
The world needs cheap high-quality generics. And investments! Hidden growing Krka might do …
I instantly liked the company’s fundamentals, and its foreign ‘hidden’ character. It seems to fly very much under the radar when international investors are concerned. I generally believe this to be a real advantage and can be a strong investor’s edge.
Looking at the company more closely, I liked the vertically integrated business model. But I had to be careful, since I bought into a competitor some years ago. And that investment turned out …Continue reading “The world needs cheap high-quality generics. And investments! Hidden growing Krka might do …”
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”
Quicky #11 on Quadient (QDT), fka Neopost (NEO)
This is part #11 in my series on new companies. Since I bought some share of Neopost, now Quadient, in late Sept 2016 as a turnaround speculation, I guess it is time to take a closer look …Continue reading “Quicky #11 on Quadient (QDT), fka Neopost (NEO)”
I looked at the Banking Industry and I invested in this Asian company! (Silverlake)
This is part six and at the same time the last piece of my series on banks, for the time being. In this post I will do a quick recap of the series and take a look at my learnings.
More important for you: I analysed a company I had on my to-do-list for some time now …Continue reading “I looked at the Banking Industry and I invested in this Asian company! (Silverlake)”
Quicky #5 on Gilead
This is part #5 on Gilead Sciences, Inc. of which I own shares (GILD US) since a few years without doing a thorough company analysis so far. The share price of GILD saw a recent high of $84 on remdesivir hopes in late April, but is now at a multi-year low of $60. Time for me to take a look …Continue reading “Quicky #5 on Gilead”
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”
My Guest Contribution at valueDACH is Online
The article is about a very interesting invesmtent idea with a huge upside potential. It offers exposure to participate in the African growth story through a European company and the streaming boom at the same time ….Continue reading “My Guest Contribution at valueDACH is Online”
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 …
Softbank Group SOTP Valuation Update
Update as of Friday, Feb 14, 2020.Continue reading “Softbank Group SOTP Valuation Update”
Pandora A/S Valuation Update after AR 2019
Pandora A/S released its Q4 and FY 2019 Annual Report on 4th February, 2020. The market reacted negatively with Pandora down 2.5%, presumably to the FY 2020 guidance, with sales guidance meeting expectations but expeted margin falling below expectations. I read through the material and updated my former Valuation-post of Pandora.
Fundamental Valuation of Check Point Software (CHKP)
Check Point Software Technologies Ltd. is an Israeli Company, that develops and sells Information Technology Security products. It is growing much slower than its highflying peers (Palo Alto, Fireeye, Fortinet) but it is very profitable. I do not have a good IT knowledge, but anyway, I wanted to perform a DCF Valuation of this Company for a long time now!
Initial Valuation of Check Point Software and Initial Buy
I am almost done with my DCF Valuation of Check Point Software Technologie (CHKP). I will do a follow-up post with the detailed analysis the week after next week, since I will be on holidays. Here are a few quick observations and facts about the Company…Continue reading “Initial Valuation of Check Point Software and Initial Buy”
Monthly ETF purchases
For quite some time now, I wanted to decide on how to invest frequently, ideally monthly, in a broad equity market, using a low cost product. These aspects clearly led me to the Exchange Traded Funds or ETFs…Continue reading “Monthly ETF purchases”