11Mon·

I just couldn't see here again. First bought a tranche.

27.11

Solvay

Bought x150 at €30.78

€4,617.00

5 Comments

beetlejuice@beetlejuice

11Mon

Why couldn't you resist?

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Patrick Schäfer@Hotte1909

11Mon

@beetlejuice because last week there was a dip that I thought was a little overdone.

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beetlejuice@beetlejuice

11Mon

Unfortunately I don't know the company at all, if you like and have time you are welcome to explain a little more (:

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Patrick Schäfer@Hotte1909

11Mon

@beetlejuice In brief. $SYENS was spun off at the beginning of the year. This represented just under 80% of the company's value. But the division was never really profitable. In addition, the money from the spin-off was used to pay off debts and also partly invested in modern technology. The P/E ratio shown here is of course extremely distorted by the one-off effect. Should be around 20 after the dip. Plus minus 5 I don't feel like doing the math right now 😉 If you take BASF, which is the same industry, it is 75. The industry average is somewhere around 17.

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Patrick Schäfer@Hotte1909

11Mon

@beetlejuice phew what shitty German from me 😀 hope it's legible for you

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