1Yr·

$VOE (+0.6%) Voestalpine (steel) will be my first Austrian share! After a long period of observation, I will open my first position in the coming weeks!

7 Comments

Staatsmann@Staatsmann

1Yr

And why?
So what makes them special, where do you see a good rating etc.? :)

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Tom Philip Sanio@tomsanio

1Yr

@Staatsmann I think one of the main drivers is the dividend.

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Josef K.@kleberj

1Yr

@tomsanio Austria is not necessarily the best choice because of the withholding tax. You can reclaim some of it, but it involves a lot of effort. I'm currently going through this for the OMV dividend from last year. I haven't heard anything from the tax office for large companies in Vienna for about 7 weeks! :(

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Ruben Schoff@Sand

1Yr

@Staatsmann Traditional company, well-managed, dividend, portfolio countries diversification, valuation,...👍 At between 17 and 25 a good buy with a target price of 32 plus divi for a period of 1-5 years well invested of course also longer if you like

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Don C.@PoorDad

1Yr

@Staatsmann Voestalpine produces the rails and other materials for ÖBB alongside Doanwitz. Voestalpine and ÖBB also have a joint venture that manufactures and refurbishes turnouts. Strong competitive advantage in Austria.

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Ruben Schoff@Sand

3Mon

Yesterday entered nice inflation protection with dividend very cyclical will then be sold in high Target 35-40 euros in 1-3 years.

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Ruben Schoff@Sand

3Mon

@Staatsmann entered at 17.97!

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