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How I missed out on 150,000 euros profit with Siemens Energy... 😒

After reading a post here a few days ago that a user with Siemens Energy is up 2,900%, I immediately had to think of one of my biggest "would have, would have, if" experiences since my investment career (... and yes, it still hurts 😐)

I joined Siemens Energy in several tranches at the end of 2023 / beginning of 2024. I think the price of my first purchase was around 18 euros. The share had already corrected sharply when the first reports about the quality problems in Spain emerged. For me, that was obviously a great time to get in. In any case, the share fell further and further and, staying true to my strategy, I bought more bit by bit... until the real sell-off came and the share was beaten down to below EUR 7 when the reports of state guarantees emerged. I bought again, so that I ended up with an equity of around 11 euros.

Inwardly, however, I was sweating profusely. I have rarely lost almost 50% of my investment faster than with Siemens Energy. In any case, I swore to myself that as soon as I got my money back, I would get out at break-even. That's when emotions definitely took over...🤷‍♂️

No sooner said than done. In January 2024, I closed my entire portfolio with a gross profit of 18 euros. A mistake that cost around 150,000 euros in hindsight... 😒

Every time I look at the Siemens Energy share price, I get a little bit angry with myself again. But that's part of it. Sometimes you lose money on the stock market and sometimes you miss out on money... and both feel similarly painful, at least for me.

Have you had similar experiences? What is your stock where you say today ... I would have preferred to have held it?

$ENR (+2.84%)

Best regards

David

20 Comments

Keineui@Keineui

Back then, I bought $ENR as one of my first shares for just under €10. I went in with €500 play money and my thoughts were: German companies, energy transition, it won't go wrong. 0 experience with the stock market back then.

At some point I took out €7,000 because I thought it couldn't be wrong to lock in profits. The rest continued to run and is now my third largest position in the portfolio.

Pure luck.

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Part_Time_Joe@Part_Time_Joe

@Keineui Congratulations! That's a decent return... I wouldn't be too upset about that 😉

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Keineui@Keineui

@Part_Time_Joe I hope that didn't come across the wrong way. I'm absolutely not annoyed. Quite the opposite

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Fred@Fred999

Siemens Energy was too expensive for me at €40 and when they went up to €60 I didn't want to buy them "so overpriced".
Well, since then they've never gone back to 60€ haha

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Divi-Meister@Divi-Meister

I've got two for the best, but fortunately smaller amounts.
I sold #caterpillar with a 70% gain because I thought it would not be a mistake to lock in profits. I then added the share to my watchlist. Is now up almost 107%. ~5000 euros

#rheinmetall I put it on my watchlist at the beginning of the Ukraine war because every fiber in my body was screaming to buy the stock.
Unfortunately, I was too scared back then.
It's now on my watchlist with a 582% gain and 1150 euros per share higher 😅🫡

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Part_Time_Joe@Part_Time_Joe

@Divi-Meister Oh yes... Rheinmetall. In theory, they could have made me a millionaire.

I had them once around 2009 - 2012. They were around 30 euros then. I sold them for 40 euros. My position at the time was around 3,000 euros in total.

But I don't count them in this category now. A) I only started investing slowly at the time and B) the automotive sector was the driving force at the time. Nobody could have foreseen the Ukraine war (the 1st invasion) back then either...

From the perspective of the time, that means we did everything right! 😉

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Divi-Meister@Divi-Meister

@Part_Time_Joe I always console myself with the fact that others don't get any profit from shares 😅🫡

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Kiall@MrAnonymous

Thanks for sharing. Reassuring to know that missed opportunities like these are common and simply a part of investing.

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Christoph@Mondi

My biggest lost profit is Palantir. I bought 700 shares at €5.x. The eternal sideways trend got on my nerves after more than a year and I sold them with a 60% profit. From then on, it was all uphill until around €120.
Since then, I have stuck to my convictions.

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Tenbagger2024@Tenbagger2024

I got my Siemens Energy shares for free. As a spin-off from the parent company. But unfortunately I only bought them again a little late

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Malzboy13@edihose

Had bought at 8 euros for 4000 euros. Took the 4000 out again at a profit of 1000 euros and let it run. Sold half at some point. Now have about 7000 euros. I'm a bit annoyed too😉🍻

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Part_Time_Joe@Part_Time_Joe

@edihose definitely also a Porsche that you left lying around... there are already two ;-)

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Jonas@jjjjjonas

Story 1: 1-2 years ago, I gradually built up a very large BASF position in the hope of a turnaround. However, this failed to materialize and the stock increasingly annoyed me. Due to the mixture of negative headlines, a cut in the dividend and the start of the Iran war with unforeseen consequences for energy prices, I got out a good month ago after the share had risen slightly despite the mixed situation. Including dividends, I made a small profit, but I could have parked the money in an overnight money account for two years. Immediately after I sold, the share price rose by over 10% within a month. A topsy-turvy world!

Story 2: In January, after the first price slide, I leveraged into Qualcomm $QCOM with around €200. A warrant with a term until mid-June. For about two months, the warrants were never worth more than €5. When the price rose slightly at the end of last week, I took advantage of the opportunity and sold the warrant for around €15, following the motto: better €15 than €0. That was Friday morning. On Friday afternoon, I would have received €180 for it and would only have come out of the deal with a minimal loss.
This is also a very important learning for me, as I've only been on the stock market for two years and have been trying my hand at leveraged products with small amounts for half a year (always in such a way that I could cope with a total loss). We learn from this: especially shortly before maturity, an OS that was thought to be lost can really go through the roof again!

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Part_Time_Joe@Part_Time_Joe

@jjjjjonas I feel for you with BASF. I feel the same way about my position. The turnaround has not yet come as hoped. But I will continue to hold on and hope that it will go above 60 euros one day. Then I would be out too

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Damned_if_you_dont@MatScientist

$ENR I also bought in mid-2023. Then came the Gamesa news and the crash. However, as I made the purchase as a long investment, I still own the shares I bought and have a nice plus in my portfolio.

In percentage terms, it is currently my second-best investment, just ahead of $ATS and well behind $AMD
The three positions have taught me how to deal with major slumps as long as I remain convinced of the basic structure and assumption of the investment. However, these need to be critically scrutinized on a regular basis.

Now there are new and different issues for me to deal with. For example, the constantly recurring cluster risk, when one share (in my case $AMD ) regularly becomes a "predominant force" in the portfolio. Where lost opportunity costs should also be taken into account when reallocating. But that's a story for another time.

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Investment B.@investment_wizard_2888

Got Siemens Energy from Siemens, only very few. I later bought several more and am still up over 300% (= +approx. 3000€)

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lavdim@lavdim

Palantir, Meta, Invidia, Tesla. If I had simply held them back then and not sold them at a profit...

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Part_Time_Joe@Part_Time_Joe

@lavdim How high are your lost profits?

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Rene@Snakeinvest

But I believe that they will correct sharply at some point :)
Securing profits is never wrong - it's always up and down.

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Kai@Kai16081989

I feel, same game with Palantir - exactly both titles rejected much too early...

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