Thyssenkrupp

⬆️⬆️⬆️

- BOFA raises the price target for WALMART from USD 95 to USD 105. Buy. $WMT (+1,67 %)

- JEFFERIES raises the price target for WALMART from USD 100 to USD 105. Buy. $WMT (+1,67 %)

- HAUCK AUFHÄUSER IB raises the target price for RHEINMETALL from EUR 680 to EUR 750. Buy. $RHM (+1,44 %)

- WARBURG RESEARCH raises the target price for RHEINMETALL from EUR 600 to EUR 700. Buy. $RHM (+1,44 %)

- JPMORGAN raises the price target for SALESFORCE from USD 310 to USD 340. Overweight. $CRM (+4,67 %)

- WARBURG RESEARCH raises the target price for LEG IMMOBILIEN from EUR 81.60 to EUR 90.50. Hold. $LEG (-0,56 %)

- DEUTSCHE BANK RESEARCH raises the price target for HEIDELBERG MATERIALS from EUR 116 to EUR 137. Buy. $HEI (-0,36 %)

- KEPLER CHEUVREUX raises the price target for GFT TECHNOLOGIES from EUR 31 to EUR 32. Buy. $GFT (-0,68 %)

- ODDO BHF raises the target price for TALANX from EUR 76 to EUR 78. Underperform. $TLX (+0,9 %)

- KEPLER CHEUVREUX raises the target price for THYSSENKRUPP from EUR 3.70 to EUR 3.80. Hold. $TKA (-0,66 %)

⬇️⬇️⬇️

- STIFEL lowers the price target for BAYER from EUR 36 to EUR 28. Hold. $BAYN (-0,35 %)

- LBBW downgrades ENI from Buy to Hold and lowers target price from EUR 16.70 to EUR 15. $ENI (+1,03 %)

- WARBURG RESEARCH lowers the target price for SFC ENERGY from EUR 29 to EUR 27. Buy. $F3C (-5,06 %)

- WARBURG RESEARCH lowers the target price for TECHNOTRANS from EUR 23 to EUR 21. Buy. $TTR1 (-3,1 %)

- DEUTSCHE BANK RESEARCH lowers the price target for CUREVAC from USD 3.90 to USD 2.50. Hold. $CVAC (+0,93 %)

- BERENBERG lowers the price target for ASTRAZENECA from GBP 150 to GBP 140. Buy. $AZN (+0,87 %)

19.11.2024

MicroStrategy buys Bitcoin for USD 4.6 billion + Another billion-dollar loss at Thyssenkrupp + Delvery Hero with details of Talabat IPO

No listed company holds more Bitcoin than MicroStrategy
$MSTR (-1,6 %). Now Michael Saylor's company strikes again and buys 51,780 BTC. The BTC $BTC (+3,03 %) price is moving towards an all-time high and MicroStrategy continues to buy more Bitcoin. The average price for the latest accumulation is 88,627 US dollars per Bitcoin. The money for the purchases comes from recent capital increases. On average, the BTC purchased by MicroStrategy now cost 49,874 US dollars.

https://www.btc-echo.de/schlagzeilen/microstrategy-kauft-bitcoin-fuer-4-6-milliarden-us-dollar-195426/

The industrial group Thyssenkrupp $TKA (-0,66 %) once again recorded a billion euro loss in the past financial year. The bottom line for 2023/24 (as at the end of September) was a loss of 1.4 billion euros, following a loss of 2 billion euros in the previous year, as the company announced in Essen on Tuesday. Thyssenkrupp wrote down around one billion euros on the weakening steel business. There were further write-downs in steel trading and the automotive business. Falling demand and lower steel prices led to a drop in sales of seven percent to 35 billion euros. Incoming orders fell by eleven percent to 32.8 billion euros. In addition to weak business in the steel and trading divisions, the automotive business also recorded declines. Only the marine division was able to grow. Adjusted earnings before interest and taxes (EBIT) fell by almost a fifth to 567 million euros. The company thus achieved its recently lowered forecast.

Delivery Hero $DHER (-0,82 %) has announced details of the planned IPO of Talabat. The price range for Talabar shares has been set at 1.50 to 1.60 dirhams. Approximately 3.5 billion shares will be offered to investors during the subscription period, which will begin on November 19, 2024 and is scheduled to end on November 28, 2024. Depending on the final offer price, the gross proceeds will be between 5.2 and 5.6 billion dirhams, or approximately 1.4 to 1.5 billion dollars. Delivery Hero lost 4 percent - shareholders may have hoped for a somewhat more ambitious valuation.

Tuesday: Stock market dates, economic data, quarterly figures

ex-dividend of individual stocks

ENI USD 0.54

Quarterly figures / company dates USA / Asia

14:00 Walmart quarterly figures

20:00 Qualcomm Capital Markets Day

Quarterly figures / company dates Europe

07:00 Thyssenkrupp | Springer Nature Quarterly figures

07:30 SFC Energy quarterly figures

08:00 Imperial Brands | Medtronic quarterly figures

08:30 Nestle Capital Markets Day

10:00 Sto SE Quarterly Figures | Thyssenkrupp BI-PK

11:00 Swiss Re: Global Economic and Insurance Market Outlook 2025/26

12:00 Thyssenkrupp Analyst Conference

No time specified:

- Delivery Hero: Subsidiary Talabat - Publication of price range for the new shares to be issued as part of the IPO

- Rheinmetall: Capital Markets Day, Rome

Economic data

• 08:00 DE: Manufacturing order backlog and reach September | Hospitality sales October
• 11:00 EU: Consumer Prices October Eurozone FORECAST: +0.3%gg FM/+2.0% yoy PREVIEW: +0.3%gg FM/+2.0% yoy PREVIEW: -0.1%gg FM/+1.7% yoy Core (excluding energy, food, alcohol, tobacco) FORECAST: +0.2%gg FM/+2.7% yoy PREVIEW: +0.2%gg FM/+2.7% yoy PREVIEW: +0.1%gg FM/+2.7% yoy
• 14:30 US: Housing starts/permits October housing starts FORECAST: -1.0% yoy previous: -0.5% yoy Building Permits FORECAST: +0.8% yoy previous: -2.9% yoy
• 18:00 BR: Chancellor Scholz, statement at the end of the G20 summit in Rio de Janeiro

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

Also as a video:

https://youtube.com/shorts/ZPpl6YxM2S4?si=K_7TSd0HdgNKy91u

Tuesday:

The agricultural group $BAYN (-0,35 %) Bayer misses expectations again. Operating profit for 2024 is now estimated at only 10.4 to 10.7 billion euros. Sales fell by 3.6% in Q3. Mainly because glyphosate is currently no longer in such high demand in South America.

https://www.handelsblatt.com/unternehmen/industrie/pharmaunternehmen-bayer-senkt-gewinnprognose-fuer-2024-und-erwartet-schwaches-neues-jahr/100084062.html

$SIX2 (-1,09 %) Sixt is still struggling with write-downs on used cars. Business itself is going well. Sixt still expects a pre-tax profit of EUR 340 million for 2024. Revenue increased by 10% in the third quarter.

https://www.n-tv.de/regionales/bayern/Sixt-kappt-Gewinnprognose-article25355559.html

The ZEW economic expectations were worse than expected. Expectations have worsened, the opposite had been expected.

https://www.finanzen.net/amp/eintruebung-zew-konjunkturerwartungen-deutschland-sinken-im-november-unerwartet-14008723

Significant increase at $VUL (+5,62 %) Vulcan Energy, the company is producing green lithium hydroxide for the first time from its own European plant in Frankfurt Höchst. The first quantities are now going to customers LG, Umicore, Stellantis and Renault.

https://www.automobilwoche.de/e-auto-akku/vulcan-energy-erstes-grunes-lithium-aus-europa

Wednesday:

The inflation rate in the USA is rising again, now at 2.6%. It is thus moving away from the target value of 2.0%. Economists expect Trump to cause inflation to rise further. This is because fewer tax payments could further fuel the US economy, which could lead to shortages of goods. Tariffs and a stock market rally could drive prices up further.

https://www.handelsblatt.com/finanzen/geldpolitik/us-inflationsrate-26-prozent-inflation-in-den-usa-zieht-wieder-an/100087587.html

Thursday:

Producer prices from the USA 🇺🇸 are higher than expected. Instead of 2.3%, prices rose by an average of 2.4% compared to the same month last year. The core index excluding food and energy prices also rose.

https://www.boerse.de/nachrichten-amp/USA-Erzeugerpreise-steigen-etwas-staerker-als-erwartet/36700617

Friday:

$TKA (-0,66 %) After the hydrogen subsidiary $NCH2 (-2,17 %) Nucera, Thyssenkrupp is planning its next spin-off. This time, the marine division is to be floated on the stock exchange as an independent company. Sales negotiations with the investor Carlyle have recently failed.

https://www.handelsblatt.com/unternehmen/industrie/stahlkonzern-thyssenkrupp-marine-sparte-koennte-2025-26-an-die-boerse-gehen/100088818.html

Key dates in the coming week:

Tuesday: 14:30 Inflation data (Canada)

Wednesday: 00:50 Trade Balance (Japan)

Friday: 08:00 Inflation data (DE)

What other important dates can you think of?

#inflation
#kanada
#handel
#japan
#bip

As part of extensive cost-cutting measures $TKA (-0,66 %) employees have to pay for hot drinks and cookies themselves instead of having them provided by the company in break rooms.

Christmas parties are also being abolished.

https://www.spiegel.de/wirtschaft/unternehmen/thyssenkrupp-sparkurs-in-der-stahlsparte-beschaeftigte-muessen-kaffee-und-kekse-selbst-bezahlen-a-c63bb582-fe71-4cf3-af0a-43ef906c10b0

I'm not sure, but wouldn't it be easy to reduce management bonuses by maybe 10% to make up for deficits? 🙃😉

#news

$TKA (-0,66 %) Thyssenkrupp Steel: Supervisory Board Chairman Gabriel wants to resign from his position due to differences with the Executive Board over the path of TKSE.

When it comes to elevators, you either know Schindler $SCHN (+0,09 %) from der🇨🇭, Kone $KNEBV (-0,5 %) from 🇫🇮 or Thyssen Krupp $TKA (-0,66 %) from 🇩🇪.

But the market leader is Otis from 🇺🇸 and in fact most of the apartment buildings that have been built recently in my city have an Otis elevator. The difference to the others, the Otis elevators have a fancy display with weather forecast and news ticker. If I hadn't invested here, I probably would never have noticed which manufacturer the elevator is from.

Otis Earnings July 2024

• Earnings per share increased by 15.2 % to $1.06 compared to the previous year
• Treasury shares bought back for $300 million
• Dividend at 1.56% ($0.39 per quarter)

https://www.otisinvestors.com/news/news-details/2024/OTIS-REPORTS-SECOND-QUARTER-2024-RESULTS/default.aspx

$TKA (-0,66 %) it's time to buy :) in my opinion the signals are positive and the bottom has been reached after a long downward trend. No buy recommendation, just my personal assessment. What do you think?

$TKA (-0,66 %) is currently in the ATL and is now attractively priced to get in.

How do you see the company and its chances after the big takeover by the Czech billionaire?

$TKA (-0,66 %) What do you think about the share? Would it be a good time to get in?

#

stockanalysis

Hello folks.

I would like to know your opinion.

But first, about me:

36 years old, married from summer, father, investment horizon 20-25 years, Austria

Unfortunately, I only started investing late, right at the time of the corona crash in March 2020. Before that, I'd only had bad bank products pushed on me. Unfortunately, investing in shares has never been an issue in my family, there was and still is only the "good" old savings book and maybe gold.

Be that as it may, the shares I bought back then all did really well, it wasn't difficult. Unfortunately, they were only very small amounts because I didn't dare to invest more. But I sold a lot of them with 100% gains at good times. Then came 2021 and I let myself be influenced by finfluencers and the like, and still clueless as I was, increased the stake and made a few really really shitty purchases. Many are no longer in the portfolio now, but I still have a few pipe-dreamers.

And that's exactly what I'd like to know your opinion on:

$BABA (-0,67 %) , $PYPL (+0,34 %) , $COIN (-6,38 %) , $TKA (-0,66 %) , $NEL (-7,93 %) , $PCELL (-5,03 %) ,

In addition to the others, I actually want to get Nel and Powercell out of my portfolio, but the sums are now so small that I almost don't care if they also run to 0. My thought was to wait until next January to sell them in order to fill my loss offset pot.

This year I already have enough in my loss offset pot through the sale of $NVAX (+1,35 %) and $B8F so that I don't pay any tax on my dividends (except withholding tax).

Thanks to everyone who takes the trouble to answer.

Have a nice weekend.