Quick updates: Praktiker, Total Produce and Vivendi
Praktiker
Praktiker just announced that they will delay the AGM until mid of June. The claim to be in “advanced talks” with capital providers and that they need some more time to prepare the necessary approvals from the AGM.
I am pretty sure, we will see a massive diluting capital increase exercise presented in the AGM. However, the Bond now is back into buying levels (<= 41%) and I will increase the position if possible to 2.5% of the portfolio.
Total Produce
Total produce has released its annual report. I have to dig deeper into the report at some point in time.
Vivendi
“Caque”, a French blogger has commented on yesterdays post. He has up a very very good post about Vivendi, including his personal experiences as a customer.
Also his original Vivendi post from 2011 is really worth a read. Seems to be a high quality blog to me and the only French one I know so far.
