Janet (@Levinson_G) en getquin

4Semana·

I bought this share at the beginning of the year as a Japan exposure. It quickly made gains of around 20% and then tended to move sideways. At the same time, the Japanese stock markets went up and down, and Shimano proved to be very stable (low beta). Then it gained again and I was up over 30% for a while. However, Shimano has now lost almost 17% since the end of September and has therefore fallen below the 200-day line again. I cannot determine the reasons for the price loss with certainty, but the following factors could have played a role.

Declining bicycle sales and high inventories and profit decline
Unexpected costs of over 114 million $ due to the product recall of the Hollowtech crankset

Fundamentally, you have an excellent balance sheet and I remain confident in Shimano and their moat. However, as I cannot estimate how much further they will fall, I will now start a savings plan.

Who else is invested? What is your opinion?

02.02

Shimano

Comprado a 132,60 €

7 Comentarios

K@TechNav

4Semana

Let me guess. You like to ride your bike.

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NEWT@SteelAnacott

4Semana

I don't find it uninteresting in principle. $7309 is one of the brands that has accompanied me as a biker since my youth. However, I have been running a savings plan on $8001 for some time now and this is currently sufficient for my exposure to Japan in addition to the share in the EM ETF.

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Tenbagger2024@Tenbagger2024

4Semana

The proportion of e-bikes is growing all the time.
And there are always new motor suppliers on the market. Some of them already have motors with integrated gears.
Would this even make Shimano components such as the classic derailleur superfluous?
I think the bicycle market will remain exciting and highly competitive.
If you consider that Shimano had no interest in the European market in the first place and we only have Paul Lange to thank that the European market could be conquered.
Kudos to Paul Lange and his son Bernhard, who is passionately committed to improving the cycling infrastructure in Germany.
👏👏👏

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