Another 25 randomly selected German stocks including four stocks this time who made it onto my “watch” list:
501. Fair Value REIT
Fair Value is a listed REIT with 104 mn EUR market cap. The portfolio includes a >50% share of retail objects which will be extremely challenged. The stock price has dropped a little but not much. “pass”.
502. Fortec Elektronik AG
We are getting close to having covered 2/3 of the German stock universe. Among these 25 randomly selected stocks, I have identified 7 which are at least worth watching, although none with high priority.
476. E.On AG
E.on has changed a lot over the last years.I had written about the company in 2013 and luckily I never invested.
So back to the “new normal” with another episode of my German Stock series. Most of these summaries have been written before the crisis hit, so I just added a few comments here and there and updated the numbers.
351. Rhoen Klinikum AG
Rhoen Klinikum is a
1.1 bn 1.2 bn EUR market cap company owns and runs a series of clinics in Germany. I used to own the shares some time ago but more like a “special situation” investment. The company was target of a take-over battle some years ago and sold a large part of its clinics to a competitor and kept the more difficult ones. The stock did quite well for some time but the started to decline with no end in sight: