Engie

FR0010208488

ENGI

ENGI

Hello everyone,

Today I would like to introduce you to my portfolio. As you probably know, it's just too much fun to expand my portfolio with new stocks. There are now a few too many, but I still can't really part with my worst-performing stocks ($NVM (-2.26%) , $ENPH (-2.38%) , $WAC (+2.25%) ). I'm hoping that I'll be able to sell them in positive territory at some point, or am I on the wrong track and in your opinion should I sell at a loss and try to make up the loss with other stocks?

I have been investing since the end of 2022 and at 29 years old, I still have a long time to go. My strategy is to be as desertified as possible in sectors and to beat the market in the long term (just let me believe that it works :D), hence so many individual stocks. I want to hold these for many years (esp. $AMZN (+1.14%) , $GOOGL (+0.99%) , $QCOM (+2.24%) , $MSFT (+1.09%) , $V (-1.68%) , $MC (+2.48%) , $SALM (+0.62%) ) but I'm also not too keen to pocket the profits. Are there any stocks in my portfolio that you would view critically for the next few years and would be worth considering selling? Recession and all that...

Priority is on growth, which is reasonably safe, so only a few small caps - but a few bets have to be in there :) ($AIDX (-0.41%) , $NRX (-0.26%) , $ITM (-0.31%) , $F3C (+1.34%) , $MITK (+4.68%) ). But with rather small amounts, probably too small or what do you say?

At the same time, I would also like to claim a €900 allowance via dividends ( $BATS (-2.08%) , $ENB (-0.88%) , $BNPQY , $STLAM (+0.86%) , $ENGI (-2.73%) , $RIO (+3.53%) ) and secure a trade or two.

Recently I have been investing 240€/m in the $XDWD (+1.27%) and between 200 - 500€/m in individual shares (depending on what is left). Actually, I want to increase the existing shares properly now, but somehow there are always nice entry options in solid companies like $0L2T (+1.13%) , $ZTS (-2.04%) , $ADM (+2.85%) , $PANW (+0.3%) , $ENR (+2.04%) . Help what to do? :D

And then there's also crypto $BTC (+0.11%)
$NEAR (-2.58%)
$ADA (+0.39%)

And Japan, they're doing well too $4063 (+2.97%) , $6501 (+7.11%) , $8001 (+4.11%)

Looking forward to your feedback and advice!

Portfolio Feedback 2.0

For fun, I share my portfolio due to the new feed view and also hope to be able to take a few "like-minded" people with me.

41 years old, married, 3 children, employed project manager, savings rate due to current circumstances and mortgage at 350€.

The portfolio consists of 3 (4) building blocks:

Core/Satellite (buy & hold strategy consisting of MSCI World, Microsoft $MSFT (+1.09%) , Cloudflare $NET (+4.19%) and Crowdstrike $CRWD (+3.09%) for the long-term investment period (in the best case until retirement) Share of the portfolio approx. 30% ETF / approx. 18% individual shares

2. crypto represented by $BTC (+0.11%) also buy & hold (investment period > 10 years). Share of the portfolio approx. 15%

3. momentum strategy (always the two stocks with the highest momentum) currently AMD $AMD (+5.31%) and MercadoLibre $MELI (-0.23%) (here a change is probably due again next month) Share of the portfolio approx. 30%. The long-term benchmark here is the S&P 500

4. employee shares ENGIE $ENGI (-2.73%) are rather negligible as they will most likely be sold at the end of the holding period. Share in the portfolio approx. 7%

The current weighting also corresponds approximately to the target weighting:. The position size per individual share should be at least 3-5%, hence the small number of positions. For some, the MSCI World share is probably still too low and the TECH exposure far too high. For me, however, this is exactly what I would like to replicate. I am only at the beginning of my journey and have already learned a few lessons, see past transactions, but I think I am on the right track, even if the road to my goal still seems endless.

Now I would like to have PRO & CONTRA from you :-)

Marshall Wacea London-based hedge fund, is the second largest short seller of German equities, with positions worth approximately 940 million US dollars.

Although the fund as a whole rising prices on the German equity market it also holds considerable hedge positions.

Co Founder Paul Marshall criticizes the German energy policywhich in his opinion leads to economic problems has led to economic problems by exit from nuclear- and "thermal energy sources" and leaving gas plants as the only flexible energy source in phases of low renewable energy generation.

Marshall sees this as creating favorable conditions for energy producers such as RWE ($RWE (-3.24%) ), Engie SA ($ENGI (-2.73%) ) and SSE Plc ($SSE (-1.69%) ), which creates "exceptional profit opportunities".

Today I'm going to take a look at uranium stocks from my perspective as a radiation protection engineer:

From today's perspective, the demand for uranium will increase, not decrease, by 2027. Production is currently not keeping pace and demand is very high. I therefore see uranium share prices continuing to rise until 2027.

Which ones are currently popular?

In addition to the strong Cameco $CCO (+1.1%) and Nexgen Energy $NXG there is also Kazatomprom $KZAP . All three have had a very good rally to date and are expected to constantly exceed their all-time high until 2027.

From today's perspective, I think one share is still undervalued alongside Kazatomprom: $YCA (-1.23%) Yellow Cake, these do not produce uranium directly but rather act as holders of uranium and uranium trading.

Cameco: P/E 102, growth 96%, 0.2% div

Nexgen: P/E 45, growth 65%, 0% div

Kazatomprom: P/E 15, 1Y: 46%,4%Div

Yellow Cake: P/E 4, 1Y growth 85%, 0% div

I personally have Cameco in my savings plan, but I think this company and Nexgen are overvalued. I also have shares in Kazatomprom and Yellow Cake.

What does the future look like? Even after 2027, things will not get less for producers. From today's perspective, over 120 new pressurized water reactors of the EPR type will be built by 2035. However, the price will increasingly fall again. Anyone who thinks that Germany is going to stop, I'm afraid I have to put a spanner in the works. Although no conventional reactors are being built and we are in the process of dismantling them, dual-fluid reactors or small SMR-type reactors are. These have the possibility of reusing the nuclear waste. Companies and cooperation with the following companies are required for the construction:

Mitsubishi Heavy $7011 (+3.33%) ( power plant construction)

Hitachi $HIA (power plant construction)

RWE $RWE (-3.24%) (invested in Poland and the Netherlands via Urenco)

Brookfield $BN (+1.52%) (main shareholder Westinghouse)

Engie Electrabel $ENGI (-2.73%) (ECS)

Mutares SE $MUX (+3.41%) (dismantling of nuclear power plants)

General Electric $GEC (reactor construction (among others)

Others are unfortunately only limited liability companies.

Conventional nuclear waste is also disposed of with other reactor types. However, the process will continue to develop until around 2050.

If you have any further questions, please write to me.

$ENGI (-2.73%) offers to convert the shares into preference shares. The advantage is a higher dividend, the disadvantage is no voting rights. Well, the disadvantage is perhaps relevant for really large shares, as a small investor I don't even tip the scales when it comes to voting.

What I don't really understand from the letter from Trade Republic is that the preference shares only actually receive a higher dividend after 2 years (i.e. in 2026) and that the preference shares cannot simply be sold again, but must first be converted back into ordinary shares. Or am I seeing this wrong?