As announced, here's a little update on January today, nothing long, don't want to bore you

Yield

Yield: 6.82% (FTSE All World: 4.23%)

TTWROR: 7.29%

Thus slightly outperformed, hopefully I can extend this lead further

transactions

Sales:

• Shimano $7309 (+3,04 %)
• 
  Medpace $MEDP (-7 %)
• 
  Apple $AAPL (-6,8 %)
• 
  Domino's Pizza $DPZ (-4,39 %)
• 
  McDonald's $MCD (-4,77 %)

Purchases

• Norbit $NORBT (-10,91 %) (subsequent purchase)
• Frosta $NLM (+3,59 %) (initial purchase)
• RCS Mediagroup $RCS (-4,96 %) (initial purchase)
• Uber Technologies $UBER (-6,53 %) (initial purchase)
• Sanlorenzo $SL (-3,92 %) (initial purchase)
• Charles River Labs $CRL (-1,94 %) (subsequent purchase)
• Simply Better Brands $SBBC (-5,58 %) (initial purchase)

Looks like a lot of back and forth for now, but my portfolio conversion is progressing and will soon be completed

During my first year of investing, I bought a lot of shares that I didn't really understand what they were doing. In the course of my restructuring, I would like to reduce my number of shares from almost 30 to 15 in the long term. However, I want to do this over a longer period of time, as these are not bad companies.

Shares that I want to sell

Apple $AAPL (-6,8 %)
Medpace $MEDP (-7 %)
ResMed $RMD (-3,06 %)
Shimano $7309 (+3,04 %)
LVMH $MC (-4,14 %)
Genmab $GMAB (-3,73 %)
Pernod Ricard $RI (-3,46 %)
Pilbara Minerals $PLS (-10,38 %)
Sixt $SIX2 (-6,59 %)
McDonald's $MCD (-4,77 %)
Domino's Pizza $DPZ (-4,39 %)
Crowdstrike $CRWD (-5,76 %)
Salesforce $CRM (-5,08 %)
Nvidia $NVDA (-7,25 %)

Just to clarify, I am not selling these companies because they are bad companies, but because they no longer fit into my investment strategy. I will only invest in companies that are not included in the classic world ETFs, but which I nevertheless understand well.

My question would be what you generally think of this and in which order you would sell the companies listed (as they are listed, this is my preferred order)

Shimano $7309 (+3,04 %)

Do any of you have an idea why Shimano has not benefited at all from the upswing in the Japanese stock market? Unfortunately, I can't find any reasons on my own and hope someone of you has an idea.

2nd tranche thanks to falling share price 😀

What is your opinion of Shimano.

Am coveted angler and also MTB driver ... I think that even in the future Shimano plays a big role. In both areas Shimano is top represented in terms of quality and sales volume. Almost no bike leaves the tape without a Shimanokomponente.

In the meantime, we have arrived at just under -50%.

How do you see the current valuation and the future of Shimano? Will it go even masiv lower?

I've been wondering the last few days why my entire watchlist is red, with the exception of Shimano? This morning it was the other way around. Everything is rising slightly, Shimano has fallen a bit.

Is this due to the time difference Japan/EU?

I invest in various companies from the bicycle industry, Accell Group, Shimano and since their IPO also Bike24.

The market will go up, as long as environmentally friendly infrastructures are an issue in Europe and the rest of the world, the demand of bikes will increase.

People are switching to bikes and are willing to pay money. The more bikes in circulation, the higher the part demand.

I like both the ambitions and the achievements of Bike24 so far and remain bullish!

$ACCEL
$BIKE (-4,89 %)
$7309 (+3,04 %)