Analysis of SMT Scharf

Company: SMT Scharf

ISIN DE0005751986 | WKN 575198

Business: A German mining industry supplier. The SMT Scharf Group designs, supplies, installs and maintains systems for the transport of personnel, equipment and material. The products are: Monorail transport systems, Floor-mounted rail systems, Chairlift systems for mining, personnel transport, Cable handling systems and Conveyors.

Active: In Germany, Ukraine, Russia, South Africa, Poland and China. They are of course selling their equipment world wide but the major hubs and sales point are the ones mentioned.

P/E: 19.4

Stock bought December 2014: Talanx

As I mentioned yesterday I was very much interested in increasing the piggy bank part of my investment portfolio. By piggy bank I mean a solid, boring company that pay out a good dividend with a low risk of going belly-up. Since before I already have Münchener Rückversicherung (analysis of MüRe 2014) for this purpose and I thought that I had bought E.On (analysis of E.On 2014) for that very same purpose but in that case it turned out to be a wrong decision since not only have the share price dropped like a stone but they have also cut the dividends during my ownership.

In an attempt to receive a new piggy bank I therefore bought 40 shares in the German insurance company Talanx that are traded on the MDAX and that also owns around 50% of Hannover Rückversicherung (analysis of Hannover Rückversicherung 2014) if I remember correctly. For my 40 shares I paid including fees 1012.18 € which means that I paid 25.30 € per share.

Last year they paid out 1.2 € per share in dividend and I hope to at least receive the same during next year since it then only corresponded to 40% of their earnings and the running nine months are looking pretty flat compared to 2013.

To find out more about Talanx then please click on analysis of Talanx 2014 and to take a look at my current Stock Portfolio then please click on that link. The portfolio will however not be fully updated until the end of the month.

Stocks of Interest: December 2014

It is once again time to look over the lists to find out which new investment that should be made here in December. As you might have seen I managed to push in some cash on my broker account so they should and will directly be put to work.

For the previous publication please click on Stocks of Interest: November 2014.

Summary of November 2014

Usually I collect all the data concerning my companies after the trading has stopped. Today I am not able to do that and I am forced to make it during the day since it will be a busy schedule this evening with Boogie Woogie lessons, Berlin Philharmonie and mingling in the French Embassy (at least the wine should be good!).

My weight have indeed stabilised itself when I run two days of fasten per week and a secondary improvement is that I do not get crazy hungry when I only make it during two days. When I was doing three fasten days then, yes, I did lose weight but I was also craving food. So I am very happy with how things are working out now.

I managed to make all the Christmas shopping as well as sending out all the packages for my family and as always it is an expensive story. This year in the family we made the rule of one package/item to the price of max 50 € per person. Christmas and New Year celebrations will always drain the account and this year will not be any different...  It is a pity that I can not go home to see my nephews this year especially since there has been a new addition that I have not yet seen but it simply did not work out this time. I did unfortunately already buy a ticket for flying home that I will now no longer be able to use so that additionally became 100 € burnt for nothing with no chance of refund. Still... one can not plan everything in life and sometimes unexpected things just happen and the financial price is then often also the small price to pay.

German inside trading: November 2014

Ouch, by the first look of it then they have been busy again here in Germany so lets see if that is really the case or just the same activity having in a few companies. Managers are like any other herd... if one start buying then others often also do.

For the previous report please click on German inside trading: October 2014.

The dealings were: