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

ISIN DE000KSAG888 | WKN KSAG88

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?