All German Shares Part 17 (Nr. 326-350)
The next batch of 25 randomly selected German stocks.
In the last post, someone asked why I do not filter out certain stocks (Nanocaps etc.). I have thought of this, but decided against it. The main reason is that some of these “Zombie’s” have really interesting stories that might contain important lessons. Plus there is a VERY small chance that a real gem is hiding somewhere, although I haven’t found one yet.
This time, I only put 3 stocks on my watch list, but some of the “passed” stocks have really interesting stories.
326. United Labels AG
United Labels is another child and survivor of the Dotcom boom. The 8.7 mn market cap company is active in licensing brands to producers of everyday articles like T-Shirts etc. Top line is however shrinking since a few years and this year they had to put their Spanish subsidiary into insolvency. “pass”.