BROADCOM Mandatory Conv Pref

US11135F2002

N/A

Moinsen,

What is your current view on Broadcom? Like all semiconductors have done very well recently... but has anyone taken a closer look lately?

With kind regards and kiss on the nut 🥜

One of the semiconductor companies flying pretty much under the radar is Broadcom.

The figures presented today are again quite respectable. Earnings per share were 7.81 dollars. Thus, the expectations were slightly exceeded.

Compared with the prior-year quarter, sales increased by 14.4% to 7.4 billion dollars.

In addition, a $10 billion share buyback program was announced. The dividend will be increased by 14%. The series of considerable increases in payment is thus continued.

In total, I have 16 shares of Broadcom in my portfolios. A share that has only known one direction in recent years.

Due price performance on a 1-year view is 39 %, on a 5-year view 245 %, on a 10-year view 1,820 %. My own position is up about 180%. Here, I usually don't have to do much more than take a quick look at the quarterly numbers every three months. So far, the company is delivering strongly.

What is your opinion of Broadcom?

𝗠𝗮𝗿𝗸𝗲𝘁 𝗡𝗲𝘄𝘀 🗞️

𝗛𝗮𝗯𝗲𝗻 𝘄𝗶𝗿 𝗻𝗼𝗰𝗵 𝗖𝗵𝗶𝗽𝘀 / 𝗚𝗼𝗼𝗴𝗹𝗲 𝗵𝗶𝗹𝗳𝘁 𝗮𝘂𝘀 / 𝗥𝗶𝗽𝗽𝗹𝗲 𝗶𝗻 𝗱𝗲𝗿 𝗦𝗼𝗻𝗻𝗲

𝗘𝘅-𝗗𝗮𝘁𝗲𝘀 📅

As of today, Accenture ($CSA (-0,85 %)), Lennar Corp. ($LENB (+2,6 %)) and Microhip ($MCP (+2,84 %)) are trading ex-dividend.

𝗤𝘂𝗮𝗿𝘁𝗮𝗹𝘀𝘇𝗮𝗵𝗹𝗲𝗻 📈

Today, Blackrock ($BLQA (+0,66 %)), Delta Airlines ($OYC (-0,19 %)) and JP Morgan Chase ($CMC (+0,94 %)) present their figures.

𝗜𝗣𝗢𝘀 🔔

𝗙𝗹𝘂𝗲𝗻𝗰𝗲 - Fluence Energy recently filed a draft of its IPO prospectus, making a big move to the Nasdaq technology exchange. Fluence is developing lithium-ion batteries to store energy. The idea is to balance the power grid, which is gradually being fed by fluctuating renewable energy.

At the beginning of the year, Fluence was valued at more than $1 billion. Siemens ($SIE (+2,2 %)) holds 43% of the shares.

𝗠𝗮𝗿𝗸𝗲𝘁𝘀 🏛️

𝗔𝗽𝗽𝗹𝗲 ($APC (+2,87 %)) - The chip shortage is now bringing the smartphone giant to its knees. It should have produced 90 million units of the new iPhone 13 by Christmas. This figure is expected to be lower, according to Bloomberg. The reason for this is supply bottlenecks of chips from Texas Instruments ($TII (+3,02 %)) and Broadcom ($AVGOP), which are responsible for the display power supply of the new smartphone, among other things.

In this context, the iPhone represents the group's flagship, which is responsible for 50% of sales.

𝗧𝗲𝗮𝗺𝘃𝗶𝗲𝘄𝗲𝗿 ($TMV (+0,36 %)) - A cooperation with Google ($GGQA) is intended to make the German company's augmented reality glasses marketable. Teamviewer's application allows retailers to directly reorder items by interacting with the products displayed in the glasses. In doing so, the glasses are connected to the retailer's order processing system to display current inventory levels. The cooperation with Google is seen as a beacon of hope for Teamviewer, as the company's share price has fallen by about 60% since the beginning of the year due to disappointing figures.

𝗖𝗿𝘆𝗽𝘁𝗼 💎

𝗥𝗶𝗽𝗽𝗹𝗲 - Ripple and Nelnet ($NIJ (+1,23 %)) have announced plans to set up a renewable energy fund. This is expected to save about 1.5 million tons of carbon emissions in the U.S., which is roughly equivalent to the consumption of 583 million liters of gasoline. Ripple therefore invested $44 million in Nelnet's solar energy fund, but further investments are to follow.

Ken Weber, head of social impact, also announced that more projects will be set up to further reduce the crypto industry's carbon footprint.

𝗠𝗮𝗿𝗸𝗲𝘁 𝗡𝗲𝘄𝘀 🗞️

𝙐𝙣𝙞𝙫𝙚𝙧𝙨𝙖𝙡 𝙈𝙪𝙨𝙞𝙘 - 𝙈𝙞𝙩 𝙋𝙖𝙪𝙠𝙚𝙣 𝙪𝙣𝙙 𝙏𝙧𝙤𝙢𝙥𝙚𝙩𝙚𝙣 𝙖𝙣 𝙙𝙞𝙚 𝘽ö𝙧𝙨𝙚 / 𝙀𝙞𝙨𝙚𝙣𝙚𝙧𝙯 𝙗𝙚𝙜𝙞𝙣𝙣𝙩 𝙯𝙪 𝙧𝙤𝙨𝙩𝙚𝙣?! / 𝙀𝙫𝙚𝙧𝙜𝙧𝙖𝙣𝙙𝙚 𝙯𝙞𝙚𝙝𝙩 𝙖𝙡𝙡𝙚𝙨 𝙧𝙪𝙣𝙩𝙚𝙧 - 𝙨𝙤𝙜𝙖𝙧 𝙙𝙚𝙣 𝘾𝙧𝙮𝙥𝙩𝙤-𝙈𝙖𝙧𝙠𝙩

𝗘𝘅-𝗗𝗮𝘁𝗲𝘀 📅

Broadcom ($AVGOP), LTC Properties ($LTP (-2,59 %)), Total ($TOTB (+1,13 %)) and Weichai Power ($WEICY) are trading ex-dividend today.

𝗤𝘂𝗮𝗿𝘁𝗮𝗹𝘀𝘇𝗮𝗵𝗹𝗲𝗻 📈

Today, Adobe ($ADB (+2,84 %)), AutoZone ($AZ5 (-1,5 %)), FedEx ($FDX (-9,66 %)) and Kingfisher ($KGFHY) will present their figures.

𝗜𝗣𝗢𝘀 🔔

𝗨𝗻𝗶𝘃𝗲𝗿𝘀𝗮𝗹 𝗠𝘂𝘀𝗶𝗰 - Vivendi spins off its subsidiary.

The record label celebrates its IPO in Amsterdam, making it the largest IPO in Europe this year. The share opened at €25.05 instead of the previously set €18.50.

𝗠𝗮𝗿𝗸𝗲𝘁𝘀 🏛️

𝗖𝗼𝗺𝗺𝗼𝗱𝗶𝘁𝗶𝗲𝘀 - Iron ore has had one of its worst weeks since 2008. One reason is the shutdown in demand from China. According to the Chinese government, steel production is expected to be maintained at around 1 billion tons this year. Tensions between Australia, the biggest producer of iron ore, and China are also a reason for the Chinese government to limit steel production.

𝗗𝗲𝘂𝘁𝘀𝗰𝗵𝗲 𝗨𝗺𝘄𝗲𝗹𝘁𝗵𝗶𝗹𝗳𝗲 - German Environmental Aid (DHU) has criticized carmakers BMW ($BMW3 (+0,6 %)) and Daimler subsidiary Mercedes ($DAII (-2,77 %)) are suing. In early September, DHU and Greenpeace issued "climate-protective injunctions" to VW (), BMW, Mercedes and Wintershall (). They were asked to stop selling new cars with internal combustion engines from 2030. Wintershall was asked to stop oil and gas production projects by 2026. As the deadline set expired at ten o'clock last Monday, the lawsuits have now been filed. The basis is a calculation of the remaining CO2 budget available to carmakers to be in line with the Paris climate agreement.

𝗖𝗿𝘆𝗽𝘁𝗼 💎

𝗕𝗿𝗮𝘀𝗶𝗹𝗶𝗲𝗻 - BTG Pactual, one of the country's leading investment banks, is launching a new digital platform called "Mynt" where it is possible to invest directly in cryptocurrencies. Currently, Bitcoin and Ethereum can be purchased through the platform, but the bank has already announced that an expansion to other cryptocurrencies is already in the works.

𝗕𝗶𝘁𝗰𝗼𝗶𝗻 ($BTC-EUR (-0,25 %)) - The world's largest cryptocurrency has fallen below a very significant support level over the past day, settling at $44,000. This sharp drop in price is explained by the panic of a possible financial crash stemming from the Chinese stock market. The liquidity bottlenecks of the Chinese real estate company Evergrande ($EV1A) have also had a significant impact on the crypto market, according to the report. On Monday night, the bitcoin price fell a whopping 2 percent in 2 hours to a daily low of $43,400. At the time of writing, the BTC price has not yet stabilized again and currently stands at $43,077.

𝗠𝗮𝗿𝗸𝗲𝘁 𝗡𝗲𝘄𝘀 🗞️

𝗩𝗲𝗿𝗸𝗲𝗵𝗿𝘀𝘄𝗲𝗻𝗱𝗲 / 𝗬𝗼𝘂𝗧𝘂𝗯𝗲 𝗷𝗮𝗴𝘁 𝗦𝗽𝗼𝘁𝗶𝗳𝘆 / 𝗞𝗿𝘆𝗽𝘁𝗼𝘀 𝗦𝗰𝗵𝗮𝘁𝘁𝗲𝗻𝘀𝗲𝗶𝘁𝗲𝗻

𝗘𝘅-𝗗𝗮𝘁𝗲𝘀 📅

Bank of America ($NCB (+2,44 %)), FedEx ($FDX (-9,66 %)), Linde ($LIN), PepsiCo ($PEP (-0,84 %)), Suncor ($SM3 (+1,35 %)) and Waste Management ($UWS (+0,12 %)) go ex-dividend today

𝗤𝘂𝗮𝗿𝘁𝗮𝗹𝘀𝘇𝗮𝗵𝗹𝗲𝗻 📈

Broadcom ($AVGOP) and Hewlett Packard ($7HP (+0,45 %)) are opening their books today.

𝗠𝗮𝗿𝗸𝗲𝘁𝘀 🏛️

𝗩𝗲𝗿𝗸𝗲𝗵𝗿𝘀𝘄𝗲𝗻𝗱𝗲 - Royal Dutch Shell ($RDS-B) has announced plans to install 50,000 charging points for electric vehicles in the UK by 2025. The government has already decided to ban the sale of new petrol or diesel cars from 2030. A major problem in the transport transition is the lack of charging options. This is now to be remedied.

With the 50,000 new charging stations, Shell could claim a third of the public charging market.

𝗬𝗼𝘂𝘁𝘂𝗯𝗲 - The subsidiary of Google ($ABEC (+0,98 %)) was able to crack the 50 million subscriber mark with YouTube Premium and YouTube Music. After a slow start in 2018, the platform now seems to have transformed into a competitive streaming provider. According to Mark Mulligan of Midia Research, YouTube Music is Gen Z's Spotify.

𝗦𝗰𝗵𝗺𝘂𝘁𝘇𝗶𝗴𝗲𝘀 𝗚𝗲𝗹𝗱 - According to Handelsblatt, the number of suspected crypto cases at the Customs Money Laundering Unit (FIU) increased sharply last year.

In 2018, the number of crypto-related money laundering suspicious activity reports was around 570, and by 2020 it had already risen to 2050 suspicious cases. However, due to a growing cryptomarket, this is not surprising. According to FDP financial expert Schäffler, the German government must now increase the pressure to prosecute.

A successful Thursday to you 😊