Jungheinrich Pref Shs Stock Forum

Summary Earnings, 12.11. 👇🏼

$VOD (-7%) | Vodafone Q2/H1 24 Earnings

Q2 Service Rev EU7.64B (est EU7.62B)

H1 Oper Profit EU2.38B (est EU2.41B)

Still Sees FY Adj Free Cash Flow At Least EU2.4B

FY25 Guidance Reiterated

$AZN (+0.29%) | AstraZeneca Q3 24 Earnings

Core EPS $2.08 (est $2.06)

Rev. $13.57B (est $13.08B)

Raises FY Core Eps View To High Teens Percentage Growth

To Invest $3.5B In R&D And Manufacturing In The US

Upgrades FY Guidance

$9434 (+1.94%) | SoftBank Q2/H1 Earnings 2024

Q2 SVF Profit 313.14B Yen (est 83.11B Yen)

Q2 Net Income 1.181 Yen (est 294.83B Yen)

Q2 Dividend 22.00 Yen

H1 Net Income 1,011 Yen

H1 Net Sales 3,471 Yen (est 3.42T Yen)

Still FY Dividend 44.00 Yen (est 44.00 Yen)

$BAYN (-13.03%) | Bayer Q3 24 Earnings

Sales EU9.97B (est EU10.15B)

Core EPS EUO.24 (est EU0.31)

Adj. EBITDA EU1.25B (est EU1.33B)

Sees FY Adj. EBITDA EU10.4B To EU10.7B (est EU10.35B)

Now Sees FY Pharma Outlook At Upper End Of Range

Bayer Confirms Sales Growth Outlook

$IFNNY (+2.66%) | Infineon Q4 24 Earnings

Rev, EU3.92B (est EU3.98B)

Total Segment Profit EU832M (est EU792.5M)

Infineon Sees Q1 Revenue About EU3.2B (est EU3.77B)

Sees Q1 Rev. About EU3.2B (est EU3.77B)

2025 Revenue Is Expected To 'Slightly' Decline

$BNR (-7.77%) | Brenntag Q3 24 Earnings:

- Oper EBITA EU281.1M (est EU295.8M)

- Still Sees FY Oper EBITA EU1.1B To EU1.2B

- Cites Challenging Geopolitical, Macroeconomic Operating Conditions

$VBK (-14.54%) | Verbio recorded an operating loss of 6.6 million euros in the first quarter of the financial year due to a weak biofuel market. Group CEO Claus Sauter expects significant increases in earnings in the second half of the year due to possible new legal regulations.

$JUN3 (-0.23%) | Jungheinrich faces a subdued business outlook due to the weak economy and expects sales and incoming orders to be at the lower end of the forecast ranges. In the third quarter, however, the company recorded a 6.5 per cent increase in incoming orders to 1.3 billion euros, while sales declined slightly.

$JEN (-4.97%) | Jenoptik increases its operating result (EBITDA) by 14.9% to 59.1 million euros in the third quarter and confirms its annual targets for 2024 despite an uncertain market environment. Revenue grows by 4.0% to 274.3 million euros, but falls short of expectations

$SIX2 (-8.14%) | Sixt is again lowering its profit forecast for the full year to a pre-tax profit of around EUR 340 million, while analysts had expected an average of EUR 352 million. Despite a ten percent increase in revenue in the third quarter, the negative impact of falling residual values is expected to remain high.

$SFQ (-8.94%) | SAF-Holland is lowering its sales expectations for 2024 from EUR 2 billion to EUR 1.95 billion, but is maintaining its target margin of around ten percent for adjusted EBIT. In the third quarter, the company recorded a decline in sales of over 20 percent and a 63 percent drop in net profit to EUR 9.3 million.

$UTDI (-16.42%) | United Internet reports a slight decline in EBITDA to EUR 978 million in the first nine months due to increased expenses for the 1&1 mobile network. Sales of the 1&1 mobile subsidiary rose by 2.5 percent, but EBITDA fell by nine percent to EUR 463 million, while the sales forecast was lowered.

$IOS (-2.52%) | Ionos increases sales in the first nine months by almost eight percent to over 1.1 billion euros and adjusted EBITDA by nine percent to 334.5 million euros. The company confirms its annual targets and is optimistic about the remaining months of the financial year.

$KWS (+1.01%) | KWS Saat increases net sales by 18 percent to 248.6 million euros in the first quarter and reduces its loss before taxes by 19.4 percent to 37.4 million euros. The company confirms its guidance for fiscal 2024/25 and records extraordinary income of EUR110 million from the sale of its South American corn and sorghum business.

Analsyst updates, 08.11.

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- GOLDMAN upgrades BIONTECH from Neutral to Buy and raises price target from USD 90 to USD 137. $BNTX (-2.25%)

- BOFA raises target price for UNDER ARMOUR from USD 9 to USD 13. Neutral. $UAA (+0.11%)

- DEUTSCHE BANK RESEARCH raises the price target for DELIVERY HERO from EUR 29 to EUR 35. Hold. $DHE

- DEUTSCHE BANK RESEARCH raises the price target for SIEMENS from EUR 197 to EUR 200. Buy. $SIE (-3.08%)

- JEFFERIES raises the price target for HOCHTIEF from EUR 135 to EUR 138. Buy. $HOT (-0.22%)

- DEUTSCHE BANK RESEARCH raises the price target for SIEMENS HEALTHINEERS from EUR 60 to EUR 62. Buy. $SHL (-2.44%)

- DEUTSCHE BANK RESEARCH raises the price target for NORDEX from EUR 18 to EUR 19. Buy. $NDX1 (-4.24%)

- DEUTSCHE BANK RESEARCH raises the price target for RATIONAL from 832 EUR to 841 EUR. Hold. $RAA (+0.45%)

- DEUTSCHE BANK RESEARCH raises the target price for AXA from 37 EUR to 39 EUR. Buy. $CS (-2.33%)

- WARBURG RESEARCH raises the price target for BASTEI LÜBBE from EUR 11.70 to EUR 12.20. Buy. $BST (-0.26%)

- DEUTSCHE BANK RESEARCH raises the price target for ARCELORMITTAL from EUR 28 to EUR 29. Buy. $MT (-3.39%)

- DZ BANK raises the price target for SWISS RE from CHF 130 to CHF 140. Buy. $SREN (-1.65%)

- ODDO BHF raises the price target for HEIDELBERG MATERIALS from EUR 99 to EUR 110. Neutral. $HEI (-2.58%)

- KEPLER CHEUVREUX raises the price target for DAIMLER TRUCK from EUR 35 to EUR 41. Hold. $DTG (-0.12%)

- KEPLER CHEUVREUX upgrades REDCARE PHARMACY from Reduce to Hold. $RDC (-5.06%)

- ODDO BHF raises the price target for HENKEL from EUR 67 to EUR 73. Neutral. $HEN (-0.36%)

- ODDO BHF raises the price target for FREENET from EUR 27 to EUR 28. Neutral. $FNTN (-1.63%)

- BARCLAYS raises the target price for ABOUT YOU from EUR 3.10 to EUR 3.40. Underweight. $YOU (-3.61%)

- BARCLAYS raises the target price for NEMETSCHEK from EUR 108 to EUR 125. Overweight. $NEM (-0.68%)

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- BOFA lowers the price target for PINTEREST from USD 45 to USD 39. Buy. $PINS

- WARBURG RESEARCH lowers the price target for DAIMLER TRUCK from EUR 56 to EUR 55. Buy. $DTG (-0.12%)

- UBS lowers the price target for JCDECAUX from EUR 21.60 to EUR 18.50. Neutral. $DEC (-2.33%)

- WARBURG RESEARCH lowers the price target for ADTRAN HOLDING from EUR 9.70 to EUR 9.30. Buy. $ADTN (-1.66%)

- ODDO BHF lowers the price target for NORDEX from EUR 18 to EUR 17. Outperform. $NDX1 (-4.24%)

- BARCLAYS lowers the target price for VESTAS from DKK 99 to DKK 80. Underweight. $VWS (-3.47%)

- KEPLER CHEUVREUX lowers the price target for FRAPORT from EUR 62 to EUR 59. Buy. $FRA (-0.91%)

- BARCLAYS lowers the target price for GSK from GBP 15.50 to GBP 14.50. Equal-Weight. $GSK

- BERENBERG lowers the price target for COMPUGROUP from EUR 23 to EUR 21. Buy. $COP (-3.73%)

- BERENBERG lowers the price target for JUNGHEINRICH from EUR 41 to EUR 39. Buy. $JUN3 (-0.23%)

- JEFFERIES lowers the target price for SUSS MICROTEC from EUR 87 to EUR 75. Buy. $SMHN (+1.66%)

As every Sunday, the most important news from the past week, as well as the most important dates for the coming week.

Also as a video:

https://youtube.com/shorts/N2Ux73t4Z70?si=qkahQMBuwcfTOfpx

Monday:

Another increase in orders for German industry, orders rose by 0.2% in September. A decline of one percent was expected. However, the August figures had to be revised downwards significantly. In addition, different sectors are developing very differently. Mechanical engineering is doing much better than vehicle construction.

https://www.handelsblatt.com/politik/konjunktur/konjunktur-deutsche-industrie-mit-erneutem-auftragsplus-im-september/29483256.html

Sentiment in companies has fallen to its lowest level since 2020. The Purchasing Managers' Index fell to 46.5 points. The worst it has been in 35 months. Less than 50 points signal an economic contraction.

https://www.handelsblatt.com/dpa/eurozone-unternehmensstimmung-sackt-auf-tief-seit-november-2020/29483490.html

$RYA (-1.26%) Ryanair achieves a record profit and introduces a regular dividend. In future, 25 % of profits will always be distributed. Previously there were only special dividends. The company is benefiting from high demand and expects a profit of between EUR 1.85 and 2.05 billion for the financial year.

https://www.handelsblatt.com/unternehmen/handel-konsumgueter/luftfahrt-ryanair-chef-michael-oleary-fliegt-zum-rekordgewinn/29483640.html

$BNTX (-2.25%) Biontech remains profitable despite a slump in demand for vaccines. A profit of EUR 161 million was achieved in Q3. The sales forecast for 2023 has been reduced from EUR 5 billion to EUR 4 billion.

https://www.swr.de/swraktuell/rheinland-pfalz/mainz/mainzer-impfstoffhersteller-biontech-legt-zahlen-fuer-drittes-quartal-2023-vor-100.html

Tuesday:

$EVK (-2.32%) Evonik makes sales of EUR 4.9 billion, 23% less than in the same quarter last year. The bottom line was a loss of EUR 96 million. The forecast is maintained.

https://www.handelsblatt.com/unternehmen/industrie/-geschaeftszahlen-im-newsblog-umsatz-von-evonik-bricht-ein-daimler-truck-steigert-gewinn/24098412.html

In contrast to the other western industrialized nations, Australia is raising its key interest rates to 4.35 %. Inflation remains stubbornly high and is not yet in the 2 - 3 % range.

https://www.ft.com/content/60aa314b-b8e2-4299-ac0e-d212f6d1ae0b

$O2D (+1.1%) Telefonica Deutschland is fully taken over by the parent company. The share price rises again as a result. The Spanish parent company offers the minority shareholders a price of EUR 2.35 per share in this squeeze-out. A premium of more than 37% on the previous share price.

https://www.handelsblatt.com/finanzen/maerkte/marktberichte/dax-aktuell-dax-bleibt-im-konsolidierungsmodus-uebernahmenofferte-beschert-telefonica-deutschland-kurssprung/100000566.html

Wednesday:

$BAYN (-13.03%) Bayer disappoints with its quarterly figures. Instead of an expected EBITDA of EUR 1.725 billion, it was only EUR 1.685 billion. Sales slumped by 8% due to the poor performance of the agricultural division. Bayer is nevertheless sticking to its forecast. We continue to hold on to Bayer in our public portfolio, things can hardly get any worse.

https://www.handelsblatt.com/unternehmen/industrie/-geschaeftszahlen-im-newsblog-continental-profitiert-von-preiserhoehungen-schwache-agrargeschaefte-belasten-bayer/24098412.html

The $DHL (-1.76%) DHL Group has been accused of conservative forecasts by analysts. However, they were probably not conservative enough. The Group had to cut its forecast. The maximum EBIT for 2023 is now only EUR 6.6 billion. Revenue fell by almost a fifth to EUR 19.4 billion in the third quarter.

https://www.handelsblatt.com/unternehmen/handel-konsumgueter/deutsche-post-dhl-kappt-erwartungen-fuer-2023/29487300.html

Retail sales in the eurozone continue to fall. In September, the figure was 0.3 % down on the expected 0.2 %. Nevertheless, the stock market was able to continue its successful trend reversal today.

https://stock3.com/news/eur-usd-eu-einzelhandelsumsaetze-gehen-zurueck-13542061

Thursday:

Inflation in China remains at a low level. According to the National Bureau of Statistics, core inflation is at 0.6% (excluding food and fuel). Imports also rose significantly, while exports shrank. Foreign direct investment was negative for the first time ever. The days of Chinese investors buying up a new company every week seem to be over for the time being.

https://www.n-tv.de/wirtschaft/der_boersen_tag/Anstieg-der-Inflation-in-China-article24519017.html

The announcement by $ADYEN (-1.86%) Adyen to become more profitable boosted the share price on Thursday.

https://www.t-online.de/finanzen/boerse/ticker/aktie-im-fokus-adyen-mit-kurssprung-mittelfristziele-staerken-vertrauen/0DAED20095330206/

Fed Chairman Jerome Powell explained in a speech at the IMF meeting that the monetary authorities are not convinced that interest rates are sufficiently restrictive. In other words, there may well be further interest rate hikes. This depressed sentiment on the stock market.

https://www.handelsblatt.com/finanzen/geldpolitik/us-notenbank-fed-chef-jerome-powell-haelt-sich-weitere-zinserhoehung-offen/29493472.html

Friday:

Allianz $ALV (-2%) Allianz makes significantly less profit. Operating profit slumped by 14.6% to EUR 3.5 billion in the past quarter. This was mainly due to storms in the Alps in the summer.

https://www.handelsblatt.com/finanzen/banken-versicherungen/versicherer/versicherungskonzern-unwetter-im-alpenraum-verderben-der-allianz-den-gewinn/29493768.html

$JUN3 (-0.23%) Jungheinrich only reports a slight increase in incoming orders. Analysts had expected more. EBIT fell by 1% to EUR 103 million.

https://www.investor-verlag.de/aktien-und-aktienhandel/deutschland/jungheinrich-aktie/jungheinrich-aktie-gewinn-rueckgang-belastet/

Poor consumer confidence data from the USA, the value was 60.4, 63.7 was expected, mainly due to higher consumer inflation expectations.

https://finanzmarktwelt.de/us-verbrauchervertrauen-schwach-erwartungen-fuer-inflation-steigen-deutlich-290739/?amp

The most important dates for the coming week:

Monday: 11:00 Growth forecast (EU)

Tuesday: 11:00 Economic Sentiment (DE)

Wednesday: 03:00 Retail Sales (China)

Thursday: 14:30 Manufacturing Index (USA)

Friday: 14:30 Building Permits (USA)

$JUN3 (-0.23%) Today #dividende get paid out. Small livestock also makes manure and from many small piles of manure eventually becomes a large.... 😉

I don't know exactly how often analysts have written in recent years that everything is sooo bad at Jungheinrich. $JUN3 (-0.23%) Of course, that may have been somewhat true for the moment.

I have had this pearl in my portfolio since 2007. That was before the introduction of the final withholding tax and the sale would even be tax-free. Whereby that is with my Swiss constellation now anyway ... never mind. Currently I am at bummelig +660%. In addition, 3000 € dividend so far and it comes in a few days another 476 € in addition.

Again a nice example, where it is worthwhile to stay on the ball in the long term with good companies.

-------- Current Q1 figures --------

• Order intake: 1,350 million euros (+1 %)
• Sales: 1,291 million euros (+22 %)
• EBIT: 120.1 million euros (+54 %)
• EBIT margin: 9.3
• Forecast for 2023 increased

And on it goes with dividends, this time even tax-free, so gross=net for me 🥳👍🏼

@Kundenservice You guys show the dividend twice. So I would also take the two times. I'm afraid it is but only once 😉 And with $JUN3 (-0.23%) there is nothing this year and last year? There are somehow still data verüddelt 🤓

Here's a good example of why short-term price fluctuations don't matter at all to me.

$JUN3 (-0.23%) vs. $VIB3 (-1.53%)

Jungheinrich are today temporarily +12% up. Villeroy&Boch, on the other hand, slumped -7.5%. Look at my portfolio, in the long term this does not bother me at all. Of course, everything should generally be in order with your investments. Otherwise, do not panic 🙃

+++ Hanseatic Stock Exchange Hamburg +++

During my visit to the Hanseatic City of Hamburg (HH was incorporated into the Hanseatic League since 1189 with the construction of the Neustadt), one cannot help but discover the historic building of the Hanseatic Stock Exchange, located on the Binnenalster. Located directly on Kleine Johannisstraße and on the way to the City Hall, this building is present.

The Hanseatic Stock Exchange was founded in 1558 and had as its first goal the trading of commodities. However, parallel money and exchange transactions were also carried out at that time. Thus, the Hamburg Stock Exchange is the oldest still existing stock exchange in Germany, whose number is eight.

Regular securities trading has also taken place in Hamburg since 1815.

Since 1999, the Lower Saxony Stock Exchange in Hanover and the Hamburg Stock Exchange have been working together in a joint company: BÖAG Börsen AG.

In 2017, the Düsseldorf Stock Exchange also joined the umbrella company.

The Hamburg Stock Exchange is, and this is where it gets exciting for all Traderepublic customers, the operator of the LS-Exchange. That is, the Lang&Schwarz Exchange, which has its origins in Düsseldorf. Traderepublic's trading is handled via LS Exchange.

LS Exchange is the electronic/digital trading system of BÖAG Börsen AG. Marketmaker and liquidity provider is Lang&Schwarz TradingCenter AG.

The HASPAX indices are listed on the Hamburg Stock Exchange. This was founded on April 15, 1996 and published for the first time on May 2 of the same year. The HASPAX is a performance index, i.e. it includes both share price development and dividend payouts. The maximum weighting of the individual companies is set at a maximum of 15%, thus allowing sufficient diversification and observation of the various companies from the Hamburg business community.

The index itself includes, for example, Beiersdorf $BEI (-0.48%) ; Deutsche Euroshop $DEQ (-1.3%) ; Encavis $ECV (-0.18%) but also Jungheinrich $JUN3 (-0.23%) and TAG Immobilien $TEG (+1.06%) are represented.

The stock exchange itself can be visited on your own from Monday to Thursday, 8 a.m. to 5 p.m. and on Friday, 8 a.m. to 4 p.m.. You should also visit the regular art exhibitions. This is worthwhile in any case.

With luck, you can also take a look at the only commodity exchange in the building, the grain exchange. Due to its proximity to the port of Hamburg (the hub for grain, pulses and animal feed in Europe), there is a lot of trading activity here.

Have you ever been to the Hanseatische Wertpapierbörse Hamburg or any other stock exchange?

Sources:

https://hamburger-boerse.de/de/

https://hamburger-boerse.de/de/hamburger-boerse/besichtigung.html

https://www.boerse-hamburg.de/haspax/

Address:

Hanseatische Wertpapierbörse Hamburg

Kleine Johannisstrasse 4

20457 Hamburg (Old Town)

#boersengehandelteralltag

Hi, somewhere in the feed there was a story...

It was about which listed companies you come into contact with in everyday life.

Somehow that appealed to me, and I thought to myself, that would be something where I could actively participate....

So....

After the morning bath visit with among other things products of $UN or $PG (+0.18%) are used, comes directly already a hot drink from $NESTS.

Then I pack my service laptop of $HPQ (-1.52%) with $INTC (-2.95%) inside, as well as my tablet and cell phone $SMSD (-3.74%) and $AAPL (+0.17%) in the bag and make me on the way.

Then I realize schei.... what forgotten, and run back to the bathroom again and mount my wristwatch from $UHRN (-3.18%) and the glasses from $FIE (-1.97%)

The way to work I do relatively comfortably in a $F (-0.38%), the ride is secured by $ALV (-2%).

On the way I get me depending on my mood still a croissant from $ARZTY. On the about 50km long distance on the highway I meet of course all other manufacturers $BMW (-0.59%)
$VOW3 (+0.38%)
$DTG (-0.12%)
$MBG (-0.93%)
$N/A and in Switzerland drive relatively many $TSLA (-6.59%) and of course many more...

Shortly before I then in my Bude $CARL A (-2.68%) arrive, I still drive at the headquarters of $ROG (-1.18%) and $NOVN (-0.7%) headquarters...

When I arrive at the desk, I see the keyboard of $LOGN (-2.18%) ...

How should it be different na of course we work with $SAP (-0.16%).

So that I do not freeze runs in the Bude ne heating from $MTG (-0.96%)

After I have worked hard, my hands need a break and a bit of care $BEI (-0.48%).

I look then with pleasure also times in my depot which does itself at the stock market so $CBK (-2.23%).

Every now and then I have to do some research. $GOOG (+1.15%). Our IT runs of course not without $CSCO. (+0.49%)

During the break I like to have a drink with colleagues $PEP (+0.08%) with colleagues, or we serve ourselves on the 2nd floor $SCHP (-1.74%) at the inhouse vending machine of $SBUX (-1.15%).

After the coffee a visit to the toilet may not be missing, surely pipes of $GEBN (-0.16%) installed.

Professionally I call a lot, our provider $SCMN (-1.35%)

Not directly in my job, but in the gaff drive insanely many devices from $JUN3 (-0.23%) and $KGX (-3.94%) which I can observe from the break room.

In my department we also have many products from $MMM (-1.01%) in use.

In the afternoons, I test products and their flow properties from $DGE as part of my job. In the past, I also tested $BUD products, but we stopped working together.

On the way home I fill up with gas at $SHEL (-0.63%) and because life is so good, I get a little cash at $CSGN

Oh yes I forgot to mention my shoes from $ADS (-2.05%) on which I am comfortable all day on the road ...

Well, and when I'm back home, my wife has me a little luck something delicious from $GIS (+0.3%) maybe even with a sauce from $KHC (-1.21%) cooked...

With a little less luck she shows me the latest purchases made by you at$AMZN (+1.9%) :-)

Then I go to the basement and start the washing machine from $VZUG with products from $HEN (-0.36%)

To the end of the day I treat myself then if necessary still a cool $KO (+0.08%) ....

So far a little insight...

I hope you could follow me :-) Surely still forgotten many companies with which I am in daily contact...

Thanks for the comment with the $ have that still adjusted and the one or other company which I still thought of added...

Greetings Jo

10 shares purchased new position