Bye-bye railroad $VOS (-0,42 %) Hello high tech on water $SUBC (+2,25 %) 🚂➡️🛳️

Whereby "hello" would also be wrong here, I have and have held the position for a long time, but I sold my last Vossloh shares (see post from 9 months ago, whoever did not buy is classically to blame) and the profit flows to Subsea.

But well, Subsea7, who wonders what their business model actually is: Sick high-tech ships keep critical infrastructure under water ("sub sea") running. (see entertaining but trashy documentary https://youtu.be/BqRc_vAg9DY?si=MaYuL3a_RYOhDmBQ)

The Q3 figures confirm the upward trend, the market entry barrier (ONE WORD!) is immense and a merger with Saipem (Italian competitor) is on the table. Oh yes, Elliot Management is of course already in the game.

There is even a withholding tax-free dividend, amazing!

But all these reasons aside, when you see what GREAT SHIPS are in the investment portfolio, you can't help but buy!

With this in mind, ahoy

PS:

My favorite is the Seaway Phoenix, comment on your favorite ship.

https://www.subsea7.com/en/media/datasheets.html

Anyone not yet invested in $SUBC (+2,25 %) should put on their diving goggles now! 🥽📈

👉 Merger with Saipem: Subsea 7 and the Italian company Saipem are joining forces to create a European energy services giant with a whopping €43 billion order backlog.

👉 Dividend 2025: The payout increases by 40% to NOK 13 per share - more yield than a deep-sea treasure, especially as the dividends are not subject to withholding tax in Luxembourg!!! 💰🐙

👉 Sustainable future: In addition to oil & gas projects, Subsea 7 is increasingly focusing on offshore wind energy - a clever move, especially because of the high-margin service business. 🌱💨

PS: I think diving in early could pay off! 😉

https://www.reuters.com/markets/deals/italys-saipem-norways-subsea-7-create-european-energy-services-leader-2025-02-24/?utm_source=chatgpt.com