5Mon·

We decided to go with the car rental company Sixt.


There were recently some unscheduled write-downs here. We think these are one-off effects and have therefore seen them as an exciting buying opportunity.


Sixt is a fairly reliable dividend payer and at the same time the family-run company is being continuously expanded. Sometimes with very cheeky but successful advertising campaigns. Subscription models in particular could ensure further growth in the future. Sixt manages to operate more profitably than traditional car manufacturers.

04.06
Sixt Vz logo
Bought x13 at €59.50
€773.50
11
5 Comments

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"quite reliable dividend stock"?

Canceled in Corona.

Cash flow looks terrible and at the same time a dividend is paid out ... 😅

I wouldn't be surprised if the dividend was simply canceled.

So I would like more information on the purchase, e.g. the intention, do you want to speculate on a short-term recovery or hold for the long term and "profit" from an unsustainable dividend? 👀

Especially if you post content in the "finance education" area.
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