Sunday, 6 July 2014

Dividend from Enel: June 2014


Enel, an Italian energy company


Woohoo! My first dividend payment from Italy! The energy provider Enel (see analysis of Enel 2014) decided that from the earnings during 2013 an amount of 0.13 € should be paid out in dividend. Since I currently hold 450 shares this gave me 58.50 € from Enel.

However there is no tax agreement between Italy and Germany so 20% (11.70 €) was taken by the Italian government and left me with 46.80 € paid out as cash. Even though I would have preferred to receive the full amount I am happy to pay this tax to Italy in the hope that they use it well to build a bright future.

The Stock Dividends page has now been updated.
 

Saturday, 5 July 2014

Analysis of Roche Holding


Roche Holding, a Swiss healthcare company

Company: Roche Holding

ISIN CH0012032113 | WKN 851311   

Business: A Swiss healthcare company. Roche is divided into two divisions: Pharmaceuticals (with Roche Pharma, Genentec and Chugai) and then Diagnostics (with Roche Professional Diagnostics, Roche Molecular Diagnostics, Roche Tissue Diagnostics, Roche Diabetes Care and Sequencing Unit).

Active: Sales in over 150 countries so they are present world wide.

P/E: 20.3

Friday, 4 July 2014

All the companies on DAX 2014


DAX, the German 30 biggest companies

Finally I have once again managed to go over them all. Below is the list of all the companies, the link to their analysis and the P/E value that they had upon the day of analysis.
For the previous publication go to see all the companies on DAX which contains the condensed snapshot of the companies on DAX and their P/E values from last year and the links to their analysis.

As you can see I have once again made changes to the format of the blog. The last time I made changes it was due to colour schemes that took time to load and this time I have made the changes because I found the blog too clogged up and not very reader friendly.

As always I am open to any suggestion for improvements to improve your experience on this blog.

Here is the list:

Thursday, 3 July 2014

Analysis of Novartis


Novartis, a Swiss pharmaceutical company

Company: Novartis

Business: A Swiss pharmaceutical and healthcare company. It is divided into five different segments that are supported by a global research centre. The five segments are: Pharmaceuticals (development of patent-protected pharmaceutical products), Alcon (eye-care products), Sandoz (generics company for the production of non-patent protected pharmaceuticals), Consumer Health (over-the-counter products as well as animal health products), Vaccines & Diagnostics (developing vaccines and products for safe blood transfusion).

Active: World wide presence and are currently selling their products in 150 countries.

P/E: 24.3

Wednesday, 2 July 2014

Summary of June 2014


Summary, contrarian, stock portfolio, June, 2014


The month became much, much more expensive than what I had expected. My bicycle broke down so  badly that I was forced to buy a new one. I took the stupid decision of ordering a bicycle online. Big mistake! The bicycle had so many faults with it that the day after I made a cancelation of the buy due to faulty goods. The company, no phone number existed to call, only had an email address and when I sent my complaints to that company email it bounced back without being delivered. I then went to my bank to block the credit card payment and now I am stuck within the decision  process of my bank and in the meantime I was sitting on a useless bicycle and 320 € less.

Still... I needed to have a bicycle to go to work so I bought a second one for 280 € but this one I tested in the store before buying so the slightly more clever approach of buying  a bicycle. I am very happy with this one and to decrease the interest of people to steal it I made some ugly paintings on it with indoor paint. This means that it looks ugly right now but once the bicycle start to look used the paint will also have disappeared and in this way there should theoretically never be an interest in stealing it. Fingers crossed.

I also realised that I had to make a service and safety control of my car which brought me down an additional 321 €. There are no rules about service of cars in Germany but the safety control is a must every second year. When you have bought a new car you can wait three years until having the first control. It is exactly the same in France but in Sweden one have to make this check each year.

So... it was a pretty bad month considering that I lost a block of investment (~1,000 €) on expenses that I was not really prepared for. Good that I always keep a buffer though so that these kind of things never become a real problem and is only slightly annoying.
How did then the investment work out?