Analysis of Linde 2015

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

Analysis of Kvaerner

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

Analysis of Tessenderlo 2015

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

Tessenderlo annual report 2014

The report arrived and nothing much happened to the share price which has generally slowly but surely been climbing up in the last months. What was in it?

Dividend from BP: March 2015

Due to my travelling I missed this but now I start to be a little bit more updated again. BP and every other oil company are having a tough time at the moment but they still keep paying out dividends. Let us see how long they will manage to keep doing that with this low oil price level.

For my 354 shares in BP I received 23.61 GBP in total which got converted into 32.17 €. Today it is nice to receive dividends in currencies that have become stronger in comparison to the euro but on the other hand it is also a good moment to sell those companies so one needs to think about how to act. At the moment I prefer to collect the dividends.

To find out more about BP please click on analysis of BP 2015.

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