3Wk·

⚓️🚢 TKMS now in the depot

My hand was already reaching out for shares at the IPO $DE000TKMS001 (+1.94%) but I wanted to wait and see.

Now, after the major order from India for six submarines worth 6 billion eurosI got in.

With a market cap of just over 5 billion, this would be a huge order - the largest order of all time for India too.

I will start a savings plan on this next month.

What do you think about the future of TKMS?

6 Comments

EugeneKrabs@Danicx13

3Wk

I was thinking about it recently. Then I didn't buy them and now they're too expensive for me at the moment.
It's possible that they'll run away from me, but that's how it is sometimes 🫣

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S.A.U.@SAUgut777

3Wk

@Danicx13 I missed them too 🤫😅

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Totileo@Totileo

3Wk

If the deal with Canada for 12 212CD class submarines also comes to fruition, things should go up a good deal further. TKMS is currently competing with Hanwha from South Korea. In addition, there are the Class 127 frigates (MEKO 400) and a possible bridging solution for the delayed Class 126 frigates, where MEKO 200 frigates are under discussion. So there is still potential.

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BeachPlease@BeachPlease

3Wk

Got in at €60 and sold on Friday 😓

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Baba@Unbekannt1983

3Wk

For me, the share will be the 1st tenbagger either today or tomorrow. Advantage spin-off thyssen krupp

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Raketentoni@Raketentoni

1Wk

Not a buy for me, the figures are not good enough.

Price/earnings ratio (P/E) ~58.8 Very expensive on the basis of current net profit (€108m).

Price-Cashflow Ratio (KCV) ~8.1 Visually favorable, but distorted by high prepayments (see above).

Price-sales ratio (KUV) ~2.9 Ambitious for an industrial group (market cap 6.35 bn / sales 2.2 bn).

Price-Book Value (P/BV) ~3.7 (market cap 6.35 bn / equity ~1.7 bn).

Dividend yield < 1 % (forecast, as first dividend payment still outstanding).

If the deal doesn't materialize, it's going downhill again

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