Monthly Archives: May 2024

All Belgian Shares part 8 – Nr. 141-160

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After a short vacatation break, I am back with the next “All Belgian shares” post. Besides the usual Real Estate and non-traded Expert market stuff, this time three stocks made it onto the watch list. For one of them I even started a 1% position in order to motivate myself for a deep dive rather sooner than later. Enjoy !!

141. EVS Broadcast Equipment SA

EVS is a 411 mn EUR market cap stock that I analyzed almost 10 years ago as a potential “high quality compounder”. This was my summary back then:

Looking at the chart, this is also one of the stocks where the “shiny new HQ curse” fully hit:

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All Belgian Shares part 7 – Nr. 121-140

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It’s Belgian Power Week on the blog this week with a second post in the “All Belgian Shares” series. From these 20, randomly selected shares, 7 made it onto the preliminary watch list, including some really interesting companies. Let’s go !!

121. Galapagos

Galapagos has nothing to do with the Islands in the Pacific but is a Biotech company that has spiked during Covid and lost -90% since then. They do have sales and even some earnings and according to TIKR, they have a negative EV of -1,8 bn.

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All Belgian Shares part 6 – Nr. 101-120

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With this post, we crossed the “half-time” mark for the Belgian Stock Market. Among these 20, in random order selected stocks, 6 made it onto the watch list, among them a former holding of mine. Let’s go:

101. Newtree

According to TIKR, this 17 mn EUR market cap company “provides chocolates, spreads, snacks, gifts, and coffee products. It also offers products through online”. On their investor website, annual accounts are only available to 2018. “Pass”.

102. Elia Group

Elia is th 6,6 bn EUR market cap operator of the Belgian Electricity transmission network. They also own and run 50 Hertz, one of the larger German transmission network operators. Electricity transmission networks are fully regulated assets, i.e. if the network is working, the owner gets a guaranteed return based on the “Regulated Asset Base (RAB)”.

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