I've been getting these "hopeful vibes" from Shimano for years. This has been a thing at least since the Corona era, but also before that, where everyone who invested had their hopes up when they "suddenly" came across them. I'm somehow not surprised. I have my, admittedly not entirely conclusive, not generally recognized and not business-like theory, but still "Too big for surprises." The investment ideas, i.e. "exceptional growth", outperform against competitors, development pipeline, etc., have simply been speaking a different language than "buy" for share price rockets for years.
I think most investors fall into the "I see it every day, so it must be successful" belief. Coca Cola is not a share price rocket either, but at least for many it delivers the faith food dividend, which Shimano also does, but with exchange rates etc. it is anything but benevolent like Coca Cola.
I think most investors fall into the "I see it every day, so it must be successful" belief. Coca Cola is not a share price rocket either, but at least for many it delivers the faith food dividend, which Shimano also does, but with exchange rates etc. it is anything but benevolent like Coca Cola.
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10Mon
@InvestmentPapa Thank you. My purchase thesis a year ago was.
-Backlog of bicycle purchases due to Corona
-Switch from bike to ebike (especially in the city center)
Plus good balance sheets.
But somehow my thesis (so far) doesn't add up...
-Backlog of bicycle purchases due to Corona
-Switch from bike to ebike (especially in the city center)
Plus good balance sheets.
But somehow my thesis (so far) doesn't add up...
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•@DerMartin The thesis of the exploding bike market is a myth inherent to this share. 😅
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•10Mon
@InvestmentPapa Obviously. But I'd rather learn from a thesis that doesn't work than buy without a thesis. So it's all good. I'll now do some more research over the weekend and then, if necessary, knock out 12% and switch.
Thank you for your assessment 👍
Thank you for your assessment 👍
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10Mon
@DerMartin Not only the sale, but also the maintenance of existing bikes with Shimano equipment should set alarm bells ringing. This does not even take into account the higher wear and tear caused by electric drive and savings.
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