3Wk·

Joining the Mercedes Benz Group???

I am considering joining $MBG (-1.56%) to get in. The current share price is a real bargain and the current dividend yield is a brilliant hit. No idea what will happen tomorrow, but the Americans will still want to buy Mercedes........ What do you think?

9 Comments

Tenbagger2024@Tenbagger2024

3Wk

I think the Bundeswehr has ordered some G-Classes.

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Dividenden-Harvesterin@Dividenden-Harvesterin

3Wk

@Tenbagger2024 the G-Class is built in Austria

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Tenbagger2024@Tenbagger2024

3Wk

@Dividenden-Harvesterin
Nevertheless, Mercedes' sales.
The Austrians have what it takes

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Dividenden-Harvesterin@Dividenden-Harvesterin

3Wk

agree, the share price is favorable and the dividend yield attractive. However, it is a strong cyclical, so be patient 😉. There are always opportunities to get in / top up, but also to take profits. On the subject of the US market: SUV models are popular in the USA. The GLE and GLS are produced locally, so they are not critical. The GLC is imported from Germany, so there will be an impact. In the worst case scenario, a price increase and thus a decline in volume or, in the best case scenario, a shift to the next larger and more profitable GLE ...
If you want to take the dividend with you, then get in before the Annual General Meeting (May 7). The proposed dividend is €4.30 💰

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NichtRelevant@NichtRelevant

3Wk

I actually like Mercedes and the dividend yield is already strong (at least at the moment).

I just honestly don't believe in the current management. In my opinion, they have completely misjudged their customers and also really messed up the design of their e-cars. In my opinion, the idea of focusing everything on the big, high-margin behemoths is also a huge mistake. It may be that the margins are higher there, but the smaller models are needed to introduce younger people to the brand. I think sawing them off is really stupid and short-sighted.

Unfortunately, Mercedes has a long tradition of bad management decisions. It started under Reuter with the attempt to become an integrated technology group that wanted to build airplanes as well as cars, etc. (failed + burned a lot of money). Then they bought into Chrysler and Mitsubishi (?) and got bloody noses there too. They did the groundwork and Stellantis took over later and probably laughed themselves to death.
Then the excursion with Smart, where they somehow didn't feel like it anymore and let the dealers with the glass Smart towers sit at their car dealerships and run aground. Now (partly) sold to the Chinese because they couldn't manage it themselves.
Also the investment and cooperation with Tesla. They got involved at an early stage and also contributed a lot of know-how. Then sold off far too early for a pittance because it 'didn't fit into the concept'. Then, a few years later, Tesla ran massively behind technically (the person who decided this should be tarred and feathered).
It seems that every time a new manager comes in, the first thing he does is take a sledgehammer to everything the predecessor has done.

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Pezi@Pezi

3Wk

If you get into Mercedes, then order a cab and get in there...

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Sebastian@Sebastian24

3Wk

I'm also toying with the idea. I'm watching $BMW and $MBG and can't make up my mind yet.

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D.S.@Cato_Bamboo

3Wk

@Sebastian24 The decision is clear, simple mathematical theory. Unless you really believe in a relevant growth of the values, then you would have to analyze the companies. But price to share credit: $MBG!!!

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Alex@nitroxx

3Wk

I'm in and the savings plan is running, I don't know whether I'll add another scoop before the div, I've already burned my fingers buying into falling prices 🙈

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