Thursday, 1 January 2015

German inside trading: December 2014


Insider trading, December, 2014, Germany

For whatever reason this article is never been passed on correctly on the feed. I guess it has to do with all the links that is in it which means I am not able to change it. 
The new year has started but we still need to take a look in the rear view mirror to make our future selections.

For the previous report please lick on German inside trading: November 2014.

The dealings were:

Wednesday, 31 December 2014

Happy New Year 2015


investment, nose, 2015

Yet another year has gone past in tremendously high speed. By the look of it the older one gets the faster the years fly by!

I remember that it was around this time last year that my business partner called me up and said that the trouble I thought we had managed to take us out of (by cutting my salary to half during the entire second half of 2013) still had not left and that we would be hit with a, from our perspective, huge tax payment in January 2014 that would later on be followed with some hefty patent costs as frosting on the cake.

My new year back then was not so happy even though I managed to push it out of my mind by at least coming up with a strategy for not going insolvent and how to move further. It did work out even without us being forced to take plan B (which meant privately lending money to the company) and my company is still alive and kicking today. This meant that we managed to avoid going insolvent twice during 2014 and in total my company has had such issues four times but I am not yet ready to throw in the towel.

The other big thing that happened during 2014 was that I moved into my girlfriends apartment. Both of us take up very little space which means that we can live in harmony on 43 m2 (including the balcony) with a rent of less than 450 € per month which means I can save more money each month in comparison to before. The move, which has previously in my life financially set me back to square one, costed, this time, physical labour and not even one tank of gas for my car. I am still amazed at what one can transport in a small car with things hanging out all according to regulations (one meter without any indication, three meter with a red flag).

For 2015 I wish all of us good health and plenty of interesting investment opportunities that we must follow and sniff out with our noses!

For my previous New Year thoughts please see Happy New Year.

Tuesday, 30 December 2014

Dividend summary 2014

Dividends, summary, 2012, 2013, 2014


The first year of investment I received 461 € in dividends. The second year I received a total of 1,367 € however from this 653 € was due to selling share rights to Commerzbank, leaving 714 € in real dividends. This year I received a total of 1,025 € in dividends of which 70 € were due to sale of rights leaving me with 955 € in real dividends. So the yearly dividends are increasing year by year as it also should.

The dividend that I am receiving based on my total stock portfolio is at a little more than 2 % (for the last three years) which came as a surprise to me. I was expecting it to be higher but on the other hand I do not follow the dividend strategy so why should I receive a high %-age at all?

Even though I do not follow the dividend strategy but the contrarian one I still like to see that the dividends are increasing for each year and I am happy to see that it also have done that for the last three years.

Sunday, 28 December 2014

Dividend from BP: December 2014


BP, a British oil giant

The British oil giant BP once again paid out a nice dividend to me. I receiver 0.063769 GBP per share and since I have 354 shares this gives me in total 22.57 GBP that gets converted into 28.67 €. On this I also pay 7.56 € in taxes and 21.11 € ended up as cash on my account.

Lately the entire oil industry have entered into a difficult period with strongly decreased oil prices which will hit especially small producers with little to no down-stream. All the big oil giants have both to leverage against such changes.

To get a closer look on BP then please see the analysis of BP 2014.

To see my total dividend flow then please visit the Stock Dividends page that has now been updated. 

Friday, 26 December 2014

Analysis of Scherzer


Scherzer, a German special situations investment company

Company: Scherzer

ISIN DE0006942808 | WKN 694280

Business: A German investment company. They focus on three parts: Unknown (500-1000 stocks without analyst coverage), Unloved (due to restructuring, temporary problems in the sector or due to misunderstood business model) and finally Special Situations (mergers, take-overs and squeeze-outs as an example they have plenty of MAN (an old analysis of MAN) shares at the moment).

Active: Only within German jurisdiction.

P/E: 7.4