At the moment I can keep the weekly frequency for this series. This time, the random generator only included 2 stocks that in my opinion are worth “watching” but some of the stocks covered have interesting histories.
301. Lotto24 AG
Lotto24 is providing online access to Germany’s state lottery. With a market cap of 353 mn, investors get a run rate of 5mn Profit. The high market cap is mostly a result of a successful take-over event of Zeal Group, which now seems to own 93% of the shares. a “pass” for me.
302. WCM Beteiligungs- und Grundbesitz Aktiengesellschaft
This week there are as always a couple of “zombies”, some hyped real estate companies but also some interesting watch candidates and two former portfolio companies. Enjoy !!
251. Atoss Software AG
Atoss is a 620 mn market cap Enterprise Software company specializing in HR software solutions. As many Software companies, the stock has performed very well over the past few years:
Another week, another 25er batch of “fresh” German companies. Again, there is a lot of “Garbage” but also some interesting “watch” positions. One of the candidates is German Startups Group which, in the meantime made it into my portfolio. I publish the “All German stock” Series with a certain time lag and if time allows, I dive deeper into stocks that really interest me a lot. So It can happen that I decide to invest prior to actually publishing the respective post…
226. SAP AG
With 147 bn EUR the most valuable listed German company, leader in enterprise software with a steady increase in valuation over the last years:
New year, same series. This time the 25 stocks contain 5 watch list candidates. At 200 stocks I have managed now to cover already 25% of the universe.
176. Puma SE
Puma SE, the iconic German sportswear brand founded by the brother of Adi Dassler (Adidas) is a very interesting case. The now 10 bn EUR market company was one of the real hot growth stocks in the 90ies early 2000s, then nothing happened for a long time as we can see in the chart:
Disclaimer: This is not investment advice. Please do your own research !!!
Despite many issues in the past, I do think that German Startups Group, a stock listed VC investment vehicle, represents an interesting “deep value” situation, where one can buy 1 EUR of underlying value for less than 50 cents. A lot of things have changed into the right direction and there is the chance for some (soft) catalysts in the relatively near future. On the other hand, the unusual corporate structure in combination with a small market cap (EUR 15mn) and relatively illiquid trading also clearly makes it a risky investment.
“Never say never”
Some of my readers will ask: What did make my opinion change on this ?
And the next 25 stocks, this time with 5 candidates for the watch list. Enjoy !!!
151. Hesse Newmann AG
Troubled 4 mn EUR market cap asset manager fully depending on major share holder. “pass”.
152. Aareal Bank AG
Another 25er batch with in total 6 candidates for my watch list. Enjoy (and only around 650 or so to go…..)
126. Norddeutsche Steingut AG
18 mn market cap ceramic tile manufacturer. Despite building boom, stagnating/shrinking sales and increasing losses. P/B below 0.5 but high bank debt. “Strong pass”.
127. DCI Database AG