TomTurboInvest (@TomTurboInvest) on getquin

TomTurboInvest

@TomTurboInvest

10Mon·

$STR (-1.16%) Who also took a liking to Strabag SE a good month ago?

After the nice run-up to over €43, don't forget to tighten your SL 🙄

PS: For friends of dividends of course also a stable Buy&Hold investment!

As an Austrian, I always like to trade domestic companies, of course, a little home bias is allowed 😂

TomTurboInvest

@TomTurboInvest

11Mon·

$STR (-1.16%) Strabag SE

After taking positions on my Austrian favorites again in the last few days $OMV (-1.28%) and $VER (+0.76%) another favorite is slowly entering the buy zone.

Let's see what else happens in December 🧐 ...as soon as the 36 mark is reached, I'll buy 💸😂

@7Trader
@California_Dreamin What do you think of Strabag and Mr. Haselsteiner's investments?

18 Comments

Enrique@Der_Dividenden_Monteur

10Mon

I find strabag more attractive than HochTief.
It's also one of the stocks where I just can't get in😅

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Tenbagger2024@Tenbagger2024

10Mon

Ever since I fell flat on my face with $PAL, I've given Austria a wide berth 🙈.

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Smudo@Smudeo

10Mon

CONSTRUCTION COMPANY

Strabag - Many construction sites and an ambitious strategy for 2030
At the Austrian construction company Strabag, a lot revolves around personnel and the shareholder structure.

Following the outbreak of the Ukraine conflict, the contract with Rasperia Trading Ltd, which holds around 28% of the shares, was initially terminated in 2022. In addition, Thomas Bull, the Supervisory Board member appointed by the investment holding company, was dismissed. Background: Rasperia Trading is controlled by Oleg Deripaska, a Russian oligarch who is on the EU's sanctions list. Last year, the major shareholder's stake was reduced to below the required 25% by means of a capital measure, but this will not take effect until spring. A few weeks ago, it was announced that Raiffeisen Bank International intends to acquire this stake. The Strabag Management Board welcomes the associated unbundling of the shareholder structure, although this has not yet been completed.

Shortly before Christmas, the Chairman of the Supervisory Board, Alfred Gusenbauer, also resigned. The former Austrian Chancellor is regarded as the right-hand man of René Benko, the controversial head of the now insolvent Signa Holding. Gusenbauer sits on the advisory board there and is active as chairman of the supervisory board of several Signa companies. However, there are said to be no special business relations between Strabag and Signa.

However, Strabag is still working. And even successfully. With the publication of the Q3 figures (16.11.23), CEO Klemens Haselsteiner raised the target for the generated output in 2023 from 18.6 billion to around 18.9 (previous year: 17.7) billion euros. The EBIT margin should remain at a minimum of 4%. A figure of 6% is targeted by 2030. The technology group for construction services, which is primarily active in Germany and Austria, is only slightly affected by the crisis in residential construction, but is not completely immune to economic fluctuations. In a sector comparison, the valuation of the share (EUR 43.20; AT0000STR1) is expandable with a 2024 P/E ratio of 8 for ordinary financial ratios. tk

Accumulate Strabag on setbacks to 42.00 euros. Stop: 33.00 euros.

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CaYaRo@CaYaRo

10Mon

STRABAG AG $STR is actually one of the shares that I subscribed to at the IPO (2007) 👴 and have simply left until now with a subsequent purchase

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Le@Vuu

8Mon

@TomTurboInvest Has the share price actually fallen because of the RBI story or because of the issue of further securities/dilution?

Playing with the idea of getting in as well and wondering if this is a good opportunity.

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