1Wk·

Get out of Vonovia!

I bought more, there is no better contra-indicator than me 🤦‍♂️

$VNA (+3.81%)

thus a found food for you @Multibagger 😉

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9 Comments

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I don't think we've reached the bottom yet. Fortunately, I parted company with $VNA six months ago.
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@GHF I take a long-term view 👍
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@Schochi I have held the share since 2016 and it has now slipped into negative territory in terms of total return. So much for the long term...
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I can't explain why the sell-off in the figures is so blatant. Ceo wants to reduce debt and make more profit. How can you not like that? 😅
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@Applesplit because this will only work if valuations rise and the interest rate environment remains the same. As we are facing higher energy prices and therefore potentially higher inflation due to the war in Iran, this is currently turning around and interest rate hikes are conceivable. Bad for real estate
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@Keineui That's true. Nevertheless, I think you can make money with Vonovia in the long term. The only question is whether I am missing opportunities.
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@Applesplit but in the very long term
I think Luka Mucic is a great CEO, which is why I'm positive about the future despite all the turbulence. But I could ALWAYS be wrong 🤦‍♂️
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I followed at 22.15 but really as a long investment (30 years)
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