All German Shares – Part 6
ANother upfront remark: I publish these posts with some delays, so not all numbers are real time. Also in some cases some news will have been issued afterwards like with Nordex (see below). Sometimes I might miss that…..
Nr. 50: CD Deutsche Eigenheim AG – ISIN: DE000A168270
Struggling real estate developer with 3 mn market cap. “Pass”
Nr. 51: Nordex AG – ISIN: DE000A0D6554
900 mn market cap Windmill manufacturer. Unprofitable, structural issues. “pass”
Edit: I wrote this a few weeks ago. In the mean time the stock price has recovered a little bit as Spanish company Acciona increased their stake via a capital increase to > 30% and had to issue a fromal takeover offer:
value and opportunity 