Microsoft

$NOKIA (-1.54%) announces cooperation with $MSFT (-0.35%) 💡⚠️

Citi announced that Microsoft
$MSFT (-0.35%) is working to improve cost efficiency across its various business units and to improve the company's critical Azure-division - reports SeekingAlpha.

"We left with the impression that management is confident that the Azure growth acceleration in the second half of the year and the increase in capacity provisioning will alleviate the current bottlenecks," Citi analyst Tyler Radke said in a note to the market.

The head of video games at Microsoft
$MSFT (-0.35%)Phil Spencer, explained that the company is still interested in further acquisitions in this area.

In particular dealsthat create "geographic diversity" - including in Asia - could be promising in his opinion, as he said in an interview with Bloomberg.

A group of veteran activists is planning legal action to block the reopening of the Three Mile Island nuclear power plant in Pennsylvania. This power plant was the site of the worst nuclear accident in US history. Constellation Energy $CEG plans to put the plant back into operation by 2028 to supply Microsoft $MSFT (-0.35%) with electricity. While some emphasize the economic benefits, many express concerns about safety and nuclear waste. What do you think about the influence of big tech companies on restarting nuclear power plants.

(Delayed) portfolio review October 2024 - A month with 5 share sales and one ETF sale

Even though October was just over two weeks ago, it feels like a different time. Germany still had an (unspeakable) traffic light government, in America the race for the White House was still open and a phone call between Scholz and Putin was unthinkable.

And even though November has been much more exciting on the stock market than October so far, October was a month of major changes from a personal perspective.

Apart from stock market investments, we are slowly starting to think about building a house. As a result, for the first time in a long time I made several sales in my portfolio and therefore also cleared out a little.

Previously this year, there were only 2 sales in my portfolio: at NVIDIA I took my stake out in February and since then have only let the profits run. In addition, in March I had Encavis after the takeover bid.

There were a total of 6 sales in October. For just under €7,000 I sold my China ETF which has recovered well over the last few months.

On the equity side, I have now sold most of the Corona Hype stocks and Match, Atlassian, Shopify and Block have been sold. In addition, I have also Pfizer sold. That was another €8,000, leaving only Sea from the Corona hype times, where I will remain invested for the time being, as it covers a completely different region geographically with Southeast Asia.

My savings quota will therefore be significantly reduced for the time being due to the upcoming house building project. From just under €1,500 to €2,000, it will only be €500-600 per month for the time being

Monthly view:

In total, October was +1,7%. This corresponds to price gains of ~5.000€.

The MSCI World (benchmark) was +0.9% and the S&P500 +1.5%

Winners & losers:

A look at the winners and losers is part of the usual picture:

On the winning side is, as so often NVIDIA is at the top with almost €3,000 in share price gains. It is followed by TSMC, Bitcoin, Alphabet and Palo Alto Networks with gains of €900-1,000 each.

On the loser side above all ASML made its contribution with price losses of almost €1,400. This was followed by Bechtle, Thermo Fisher, LVMH and Nike a broader mix of stocks that have not necessarily performed well recently. Nevertheless, all 5 loser stocks are still part of my savings plans.

The performance-neutral movements in October were just under €4,600. The sales proceeds are all still in cash accounts at the moment, so they have not yet flowed out of the assets. There will be a larger dip here at some point in the future.

Current year:

My performance in the current year is +27,5% and thus above my benchmark, the MSCI World with 23.7%.

In total, my portfolio currently stands at ~331.000€. This corresponds to an absolute growth of ~€79,000 in the current year 2023. ~53.000€ of this comes from price gains, ~3.000€ from dividends / interest and ~22.000€ from additional investments.

Dividend:

• Dividends in October were 32% above the previous year at ~€150
• TSMC is in the lead with a (gross) dividend of €30 every 3 months. TSMC has already raised the dividend for next year by 30% again
• In the current year, the dividends after 10 months are +25% over the first 9 months of 2023 at ~2.350€

Buys & sells:

• I bought in October for approx. 1.500€
• As always, my savings plans were executed:
• Blue chipsNovo Nordisk $NOVO B (-2.74%) LVMH $MC (-2.06%) Apple $AAPL (-0.01%) Home Depot $HD (+0.2%) Microsoft $MSFT (-0.35%) Nike $NKE (+0.11%) Starbucks $SBUX (+0.26%) Stryker $SYK (+0.01%) Texas Instruments $TXN (+0.09%)
• 
  GrowthCrowdstrike $CRWD (+0.03%) MercadoLibre $MELI (+0.67%)
• 
  ETFsMSCI World $XDWD (-0.41%) Nikkei 225 $XDJP (-0.46%) and the WisdomTree Global Quality Dividend Growth $GGRP (-0.48%)
• 
  Crypto: Bitcoin $BTC (+3.41%) and Ethereum $ETH (+2.04%)
• 
  Sales as mentioned, there were some in October with Match $MTCH (-0.33%) Pfizer $PFE (-0.17%) Block $SQ (+0.21%) Shopify $SHOP (-0.54%) Atlassian $TEAM Invesco MSCI China All-shares $MCHS (+0.13%)

Target 2024:

My goal for this year is to reach €300,000 in my portfolio. Due to the extremely positive market development in the current year, my portfolio already stands at ~€331,000 at the end of October.

As of mid-November and thanks to the Trump rally, my portfolio is currently approaching €350,000 and was even slightly above this level a few days ago. However, with a larger cash portion that will sooner or later flow into financing as equity.

#dividends

#dividende

#rückblick

#depotupdate

#aktie

#stocks

#etfs

#crypto

#personalstrategy

I set up a custody account with Scalable Capital last week.

In addition to my cash flow depotwhich currently pays me a dividend of €709.45 next year (see picture), I will set up a savings plan custody account there.

This savings plan custody account will have a term of 20 years+.

I will pay in €495 per month and divide it between 15 companies as follows:

$GOOGL (-0.48%) - 33€

$AMZN (-0.03%) - 33€

$AAPL (-0.01%) -33€

$ASML (-2.4%) - 33€

$FAST (-0.31%) - 33€

$JNJ (+0.34%) - 33€

$MC (-2.06%) - 33€

$MCD (-0.16%) - 33€

$MSFT (-0.35%) - 33€

$NOVO B (-2.74%) - 33€

$PEP (-0.23%) - 33€

$PG (+0.3%) - 33€

$UNP (-0.47%) - 33€

$UNH (-0.06%) - 33€

$V (+0.1%) - 33€

The savings plans will be executed for the first time on Monday and then continue on a monthly basis.

I will post a monthly update here

Were my predictions wrong? - Q3 Report $11B (+0.27%)

As the only analyst reporting on 11 Bit here on the platform, I am pleased to be able to present the company's quarterly figures to you.

As I had already assumed, 11 Bit reported record sales and record profits for the first 9 months of 2024. At PLN 106.6 million, sales were even higher than in the best year in the company's history.

The sales partnership with Microsoft $MSFT (-0.35%) generated around half of the revenue.

In Q3, a total of around PLN 76 million was generated, which is around seven times the figure for the same quarter of the previous year. 11B was highly profitable and achieved a net profit of PLN 47.5 million, which corresponds to a net profit margin of 63%.

As already mentioned in previous analyses, this is due to a one-off effect - namely the release of its blockbuster Frostpunk 2, which contributed around 75% to total sales. This game sold around 441,000 copies in September, falling short of market participants' expectations. The games were mainly sold to China, the USA and Germany.

After 2 months, we are now at 511,000 units of the game sold. This could be roughly on a par with the original Frostpunk, which was released in spring 2018 and sold around 1.4 million units within a year. This means that Frostpunk would now have to sell around 90,000 units every month to reach this target as well. It will be exciting to see how Christmas sales and the console release will affect sales.

It is also worth noting that around half of customers were persuaded to buy the Deluxe Edition of the game, which is around twice as expensive, which is an indication of strong customer confidence and loyalty. This is particularly relevant for future sales in the franchise and for the release of the new IP "The Alters" in spring 2025

All in all, I am very surprised by the lack of a positive reaction from the market. As already mentioned, the company has just closed the best quarter in its history and at the same time the lowest share price in the company's history. Something does not add up here. I am therefore reiterating my price target of €93

Profit taking:

Reallocation of 40% into $VWCE (-0.45%) , 10% $IGLN (+0.84%) and 50% in individual stocks $8035 (+0.32%) , $GOOG (-0.52%) , $ASML (-2.4%) , $MSFT (-0.35%)