Thursday 30 April 2015

Analysis of Deutsche Börse 2015

Deutsche Börse, a German stock exchange company

Company: Deutsche Börse

ISIN DE0005810055 | WKN 581005

Business: A German stock exchange company. They still have their five business areas: Cash Market (offering services of listing, trading and clearing services), Derivative Market (same services as for the Cash Market), Market Data (data feeds, news services, indices and exchange infrastructure), Post Trading (delivery of securities, custody of securities and financing services) and finally Information Technology (software development, internal information technology). 

Active: In over 110 countries world wide,

P/E: 19.0

Wednesday 29 April 2015

Analysis of Walmart 2015

Walmart, an American retail company

Company: Walmart

ISIN US9311421039 | WKN 860853 

Business: An American food and retail chain. They are using two means to reach their customers one is the retail stores and the second, fastest growing one, is via e-commerce.

Active: 27 countries world wide with retail and e-commerce is offered in 11 countries. Still heaviest represented in the USA.

P/E: 15.7

Tuesday 28 April 2015

Analysis of Daimler 2015

Daimler, a German automotive company

Company: Daimler

ISIN DE0007100000 | WKN 710000 

Business: A German automotive company. They have several brands and to list a few: Mercedes-Benz Cars (Mercedes-Benz and Smart), Daimler Trucks (MB, Freightliner, Fuso etc.), Mercedes-Benz Vans (MB and Freightliner), Daimler Buses (MB and Setra) and then they have Daimler Financial Services (leasing). All the brands can be found here. They also have the car rental service called Car2Go and it costs 29 ct/min.

Active: World wide in over 200 countries.

P/E: 13.2

Monday 27 April 2015

Dividend from MüRe: April 2015

MüRe, a German reinsurance company

One of my biggest dividend payer as well as most faithful one, MüRe, decided to release some cash back to its owners.

For my, unfortunately only, 18 shares I received 139.5 € (per share 7.75 €) that was added as cash to my broker account. This was the fourth time that I received dividend from MüRe and I am now at a YoC of 7.1% and I have received in dividends a bit over 500 € on my 2,000 € investment.

If you want to find out more concerning MüRe then please click on analysis of MüRe 2015.

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

Sunday 26 April 2015

Analysis of Continental 2015

Continental, a German automotive supplier

Company: Continental

ISIN DE0005439004 | WKN 543900 

Business: A German automotive supplier. They are still divided into two groups: The Automotive group and the Rubber group. Under these two groups there are five divisions: Chassis and safety, Powertrain, Interior, Tires and ContiTech. These five divisions produce brake systems, systems and components for powertrains and chassis, instrumentation, vehicle electronics, tires and technical elastomers.

Active: In 53 countries world wide.

P/E: 18.7

Saturday 25 April 2015

Dividend from RWE: April 2015

RWE, a German energy provider

The dividend payment period is now starting here in Germany and for me one of the first ones out became a new investment of mine, RWE.

For my 85 shares in RWE I received 1.00 € per share so a total of 85.00 € which was transferred to my broker account as cash. I am still within my tax free limit so no taxes were removed.

To find out more about RWE then please click on analysis of RWE 2014. I see that I need to make a new analysis also for RWE but it should come now when I push all the DAX companies as I have started to do.

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

Friday 24 April 2015

Analysis of BMW 2015

BMW, a German car and motorcycle producer

Company: BMW

ISIN DE0005190003 | WKN 519000 

Business: A German car and motorcycle producer. They have three units which are: BMW (also motorcycle, and the production is almost completely in Germany), Mini and Rolls-Royce (both are still produced in the UK). In cooperation with Sixth they also have DriveNow which is a car sharing system.

Active: World wide sales of their cars and motorcycles.

P/E: 12.5

Thursday 23 April 2015

Analysis of Beiersdorf 2015

Beiersdorf, a German consumer products company

Company: Beiersdorf

ISIN DE0005200000 | WKN 520000 

Business: A German consumer products company. They have three segments that are represented by three brands: Mass Market (Nivea), Dermocosmetics (Eucerin) and the third one is Premium Segment (La Prairie). They do however also produce Tesa film and Hansaplast.

Active: World wide in over 200 countries

P/E: 38.5

Wednesday 22 April 2015

Analysis of Nestlé 2015

Nestlé, a Swiss consumer product giant

Company: Nestlé

ISIN CH0038863350 | WKN A0Q4DC

Business: A Swiss very large consumer products company. The main focus is within nutrition, pet care, health and wellness. To mentioned a few of their brands then: Gerber, Perrier, KitKat, Smarties, Nescafé, Maggi, Dog Chow, Purina and for the more complete list please look here.

Active: World wide

P/E: 16.5

Tuesday 21 April 2015

Analysis of Bayer 2015

Bayer, a German life science company

Company: Bayer

ISIN DE000BAY0017 | WKN BAY001  

Business: A German life science company. They stand on three pillars at the moment: HealthCare, CropScience and MaterialScience. However it is their plan to float the MaterialScience on the stock market during 2015 which then becomes an 11 billion € revenue chemical company.

Active: Present world wide with heaviest focus in Europe and North America.

P/E: 32.2

Monday 20 April 2015

Analysis of Unilever 2015

Unilever, a Dutch-British consumer product company

Company: Unilever

ISIN NL0000009355 | WKN A0JMZB

Business: A Dutch-British consumer product company. They have several well known brands such as Dove, Axe, Lipton, Ben & Jerry's, Knorr, Vaseline, Cif, Bertolli etc. For the more complete list of brands please look here however they have in total over 400 brands so they only show the most successful ones. My question is if they should not remove some just like P&G decided to do...

Active: World wide presence with product sales in 190 countries.

P/E: 23.9

Sunday 19 April 2015

Analysis of Allianz 2015

Allianz, a German financial service company

Company: Allianz

ISIN DE0008404005 | WKN 840400  

Business: A German financial service company. They offer six different products / services: Private Insurance (Car, Health, Family House etc.), Business Insurance (large and medium sized companies), Asset Management (fixed income products, stocks and commodities), Global Lines of Business (reinsurance, life insurance and real estate), Assistance Services (automotive, travel, health & life and property) and finally Sustainable Solutions (microinsurance and investments). 

Active: Over 70 countries with 85 million customers.

P/E: 11.9

Saturday 18 April 2015

Share price fall versus share price rise

Water-palace, Jaipur, India

Now that the stock market is dropping and we are hoping for new contrarian moments there are more and more articles being written regarding bubbles, market tops, market corrections, jumping in and out of the market etc. etc.

One of the comments, that I keep seeing more and more often and that keeps annoying me are: "You need a 100% share price increase to regain a 50% loss." Is this true?

Friday 17 April 2015

DBAG report Q1 2015

DBAG, Q1, 2015, report, front page

DBAG with their broken year managed to push out their Q1 report some time ago. Since they announced their dividend the share price has run amok and they have even managed to pay it to their devoted shareholders. What was in the report?

Thursday 16 April 2015

Analysis of Talanx 2015

Talanx, a German mutual holding insurance company

Company: Talanx

ISIN DE000TLX1005 | WKN TLX100  

Business: A German mutual holding insurance company. It is divided into five divisions: Industrial Lines (covering all the insurance needs of industrial companies), Retail Germany (retail and commercial customers covering property/casualty), Retail International (outside of Germany), Reinsurance (non-life reinsurance via especially Hannover Rückversicherung that Talanx own to 50.2%) and finally Financial Services (an internal reinsurance part for the entire group).  

Active: In over 150 countries however Germany stands for over 50% of revenue. With focus on Poland, Turkey and Chile they try to change this.

P/E: 10.2

Wednesday 15 April 2015

Talanx annual report 2014

Talanx, annual, 2014, report, front page

Talanx arrived with their annual report some time ago and here is the summary concerning this report. I no longer know what happened with the share price upon the release of the report but during my five months of holding the share price has increased by around 16%. What was in the report?

Tuesday 14 April 2015

DB analysis 2015

DB, a German investment bank

Company: Deutsche Bank

ISIN DE0005140008 | WKN 514000

Business: A German investment bank. They have five products and services pillars: Private & Business Clients (classical banking services: accounts, deposits, loans, pensions products), Asset & Wealth Management (helps institutions and wealthy individuals to increase their wealth across all asset classes), Corporate Banking & Security (sales, trading etc of financial products such as equity, bonds etc. as well as dealing with mergers and acquisitions), Global Transaction Banking (world wide banking services and products for corporates and institutions) and finally None-Core Operations Unit (the place to hide the dirty laundry, -2.9 billion euro in 2014). 

Active: in 70 countries world wide.

P/E: 27.4

Monday 13 April 2015

DB annual report 2014

DB, annual, report, 2014, front page

Also in this case I dropped the ball on what happened upon the release of the report but in general the share price of DB has been going up. The annual report from DB contained 610 pages. Is there a more efficient way then to hide the dirt in between the lines of a thick report? Anyway... What was then in it?

Sunday 12 April 2015

Analysis of Coba 2015

Coba, A German bank

Company: Commerzbank

ISIN DE000CBK1001 | WKN CBK100

Business: A German bank. Their five pillars are: Private Customers (accounts, credits, wealth management etc.), Mittelstandbank (medium sized companies as well as institutions), Central & Easter Europe (mBank big in Poland), Corporate & Markets (Corporate finance, equity, currencies etc.) and finally Non-Core Assets (Real Estate and ship-building). 

Active: Claim presence in 50 countries. Europe with Germany and Poland are biggest.

P/E: 56.9

Coba annual report 2014

Coba, annual report, 2014, front page

Here in the end I simply downloaded the annual reports but forgot to take notice of what happened with the share price during the day. I guess the front picture as well as several pictures in the report brought up the marketing costs substantially. I do however like that Coba made advertisement also for a second company of mine namely, Adidas. In the report we could find that...

Saturday 11 April 2015

Analysis of K+S 2015

K+S, a German mining company

Company: K+S


Business: A German commodities company that are mining and processing raw materials. The group is divided into the two segments Potash & Magnesium (that is being used as standard and speciality fertilizers for enhancing the agricultural harvests) and Salt (de-icing, purified salt that are used for instance as table salt etc.). 

Active: Main focus in Europe and the US. Growing activity in Canada due to the Legacy project. Minor presence in South America and Asia.

P/E: 16.8

K+S annual report 2014

K+S, annual report, 2014, front page

The market applauded the report and the share price directly increased with 4%. On a more personal note I just found out that I passed also the second exam in the economy course so I am now a little bit relaxed even though the schedule continues and the two final courses have already started. I find it a bit silly that also here they have hand in assignments in the beginning that must be done otherwise one gets kicked out... so that I will have to sort both of them out this weekend as well as changing tires on the car spring is indeed here! I am also so far behind schedule with publications that I consider to make two per day especially now with the annual reports. So report in morning and then I try to publish the analysis in the afternoon. The problem is that the Q1 reports soon starts to drop in and I need to analyse all the DAX companies also... anyway... we take it as it comes. What was then so exiting in the K+S report I wonder?

Friday 10 April 2015

Analysis of Linde 2015

Linde, a German gas & engineering company

Company: Linde

ISIN DE0006483001 | WKN 648300

Business: A German gas & engineering company. It is divided into three divisions: Gases (production and distribution of gases ranging from oxygen to acetylene and argon), Engineering (engineer and construction of industrial plants for gas extraction) as well as Gist (logistics and supply of gas products).  

Active: world wide in more than 100 countries with 600 affiliated companies.

P/E: 32.4

Thursday 9 April 2015

Analysis of Kvaerner

Kvaerner, a Norwegian oil and gas industry subcontractor

Company: Kvaerner

ISIN NO0010605371 | WKN A1JA47

Business: A Norwegian oil and gas industry supplier and subcontractor. Kvaerner is one of the world’s leading contractors for delivery of complete offshore platforms and onshore plants for oil and gas upstream projects. They provide six products and services: Jackets (steel substructures for oil and gas extraction), Topsides (the part that holds the offshore rigs together), Concrete Solutions (marine concrete constructions), Onshore Oil & Gas Facilities (receiving and processing of oil related products), Decommissioning Services (of installations) and finally Piping Technology (preforming and welding of pipes).

Active: Own claim... world wide.

P/E: -23.0

Wednesday 8 April 2015

Analysis of Tessenderlo 2015

Tessenderlo, a Belgian chemical company

Company: Tessenderlo

ISIN BE0003555639 | WKN 852064

Business: A Belgian chemical company. They currently have three operating segments which unfortunately is not well described on the home page yet but are structured as such in their annual report for 2014. The first one is Agro (liquid crop nutrients, water soluble SOP and crop protection), Bio-Valorization (gelatine, pharmaceuticals, body-care and bio-resources) and finally Industrial Solutions (pipes, water treatment and mining).

Active: 21 countries and 100 locations (I could not find an update on this information even though I guess it is now less due to sale of business units as well as other cost cuttings).

P/E: 20.8