Today n look at ProSieben.

Vlt you can help me, what overlooks my otherwise well-functioning brain that justifies the continuing correction?

Price to sales ratio last year 0.57

Price-earnings ratio 7.4

Sales growth at about 6

For this year the dividend of 0.80 € which currently corresponds to 7.00 %.

In addition, the spin-off of Match Group (online dating), which is to be floated independently on the stock market with a market capitalization of around €1 billion.

In addition, the sale plans for Flacconi (online perfume), about 800 million is estimated at € 1 billion.

So these two divisions are about 2 billion, the whole group 2.7 billion €.

I don't get it 🤔

I'm thinking all the time to discount my purchase price, but I'm afraid that I'm missing something.

The news situation itself is right (no concrete outlook of course Q1 not perfect, outlook for 2022 but again good).

The numbers also fit.

Only the chart technique does not speak for the shares 🤔

What am I missing or do you also not find the hair?

I do not expect by far a price of 20-25€ on annual ticket but 15-18€ should already be in it.

No investment recommendation or advice!