Hello my dears,

the love @yngfinn has asked me how I find shares. I would like to share my answer with you.

@yngfinn

Hello my dear,

as I have enough positions in my portfolio at the moment, I am no longer looking so intensively for new companies. I don't trade and am more long-term oriented.

My approach is quite different.

By sector:

I often look at which sectors and areas are currently on the move. Or what the areas of the future are, such as robotics, defense and aerospace, AI, etc.

But I also look at which sectors and countries in my portfolio are undervalued.

Or also in which sectors I see a need to catch up because they have been driven down unjustifiably. Like the healthcare sector, for example 🍊.

I watch reports and documentaries. Like exploring the oceans and seas. And discovering Kraken Robotic $PNG (+0 %) and Norbit $NORBT (+3,42 %) .

https://getqu.in/Ey45a0/

After Powel's speech on Friday, for example, it would now make sense to look for real estate and homebuilders. Like Buffet did with his stock Dr. Horten $DHI (-0,27 %) .

Unfortunately, the ongoing wars show the importance of drones and drone defense.

But also the increasing importance in agriculture (I have already written a post about this).

https://getqu.in/SdXvMm/

In the end, my choice here was $AVAV (+0,96 %) AeroVironment. And the contract manufacturer $KIT (+2,58 %) Kitron.

In the future-oriented robotics sector, I don't really want to invest in overvalued stocks such as $TSLA (-0,72 %) Tesla or the contract manufacturer $JBL (-0,36 %) Jabil. I see Japan as very innovative here. As shown by $7012 (-3,94 %) Kawasaki shows. This is how I discovered the blade supplier $6481 (-1,69 %) THK (there was a post from me about this).

https://getqu.in/fZudqX/

By country:

When Iran attacked Israel, I took advantage of the dip and picked Israeli stocks.

For example, I discovered Gilat $GILT (+0,61 %) for example.

But as a long-term investor, I still see the USA in the lead. I also like to take a look at small and mid caps.

But I also often look at countries that are not quite so much in focus. Scandinavia or Italy.

I have found $LTMC (-0,3 %) Lottomatica and $CAMX (-2,1 %) Camurus.

I often only look at the companies by momentum from the various indices in these countries.

By company:

I also often look at which companies are currently the stars on the stock market. Like Rheinmetall, for example, but then I don't go into the overvalued shares, but look for suppliers, i.e. blade suppliers. That's how I came across Kitron $KIT (+2,58 %) for example. Kitron as a contract manufacturer for the defense sector.

Or when Novo Nordisk was still a star, I discovered the Novo supplier $YPSN (-0,78 %) discovered.

Nvidia supplier $HY9H (+1,22 %) sk Hynix.

Where is the capex of the companies going?

Based on this question, I came across the AI infrastructure companies $IESC (+0 %) IES Holding and $VRT (-0,51 %) Vertiv.

The weakness of one company makes other companies strong.

The weakness of Boeing makes $AIR (+0,15 %) and $ERJ (-0,1 %) strong. That's how I came across Embraer and $MTX (+0,31 %) MTU.

https://getqu.in/4hiSbt/

Research and reports, such as on coinbase $COIN (-1,42 %) (CAUTION never buy based on a story).

https://getqu.in/OIiwhP/

Good company figures with a growth story could also be a reason. As for example with $GILD (+0,08 %) Gilead.

https://getqu.in/iF8BDY/

Takeover fantasies:

Takeover rumors usually mean that the share price of the company to be taken over rises.

As was the case with $AWE (+2,03 %) Alphawave was the case.

https://getqu.in/1NPNWI/

Or with Iveco $IVG (+0,07 %)

https://getqu.in/WJnLFp/

https://getqu.in/VnK4Xk/

CAUTION: Something can always go wrong here and send the share price plummeting.

I experienced this myself with i robot when the UK did not agree to a takeover by Amazon.

No matter in which area. My approach is usually to pick out the momentum stocks. I then look at the multiples, news, order situation and, of course, the company.

Compounders and long-term runners:

In my core, I only invest in quality stocks with a moat.

Here it makes sense not to buy at the ATH, but on the dip.

Multiples:

What is important to me with multiples:

-profitable company, or in the next year

Profitable.

Preferably double-digit profit growth with a falling P/E ratio.

-Percentage profit growth is higher than sales growth.

-good and rising EbiT margin.

-PEG below or around 1

-increasing free cash flow taking into account capex.

My dears,

I hope my brief summary of my approach perhaps offers you a little added value.

Please let me know in the comments.

Suggestions for improvement are also welcome. 😘😘

Inclusion in the STOXX Europe 600 can open up new potential!

$LTMC (-0,3 %)

Perfect timing: the dividend is immediately reinvested in a few bottles of red wine and cheese. Then sit back and watch the orange man make the markets jittery.

$LTMC (-0,3 %)

Lottomatica could consider further merger and acquisition activity after a record first quarter performance.

Lottomatica reported record first quarter revenues of 584.5 million euros ($659.8 million), driven by double-digit growth in its online and sports betting segments in the first quarter. Speaking to analysts after the results were published on Wednesday, the Italian provider did not rule out further mergers and acquisitions to expand its offering.

Turnover in the three months to March 31 was up 33% year-on-year, figures from Lottomatica show. This is the highest total turnover in the first quarter in the company's history.

The increase is attributable to growth in the Group's online and sports betting business. Both segments recorded a 59% increase in turnover in the quarter compared to the same period last year, with total bets also rising in both divisions.

CEO Guglielmo Angelozzi said the record quarter had "paved the way" for a successful 2025.

"We have made a very good start to the year," said Angelozzi. "The online market continues to grow very healthily. Payouts in the sports betting segment are also very good. They were above the normal level both online and in retail and well above the previous year's figure."

Can we expect more mergers and acquisitions from Lottomatica?

Given the good results in the first quarter, Angelozzi pushed for potential mergers and acquisitions. Last year, the group benefited from the acquisition of SKS365, which was completed in April 2024 . The resulting benefit was clearly visible in the results for the 2024 financial year .

While Angelozzi said the company has a "strong filter" in terms of potential new additions, it is considering several options.

"We continue to pay very close attention to the quality of the assets in complementary investments," he said. "We are becoming more selective in the quality of the assets we look at and remain disciplined on price."

"But there are certainly some interesting opportunities out there that we will continue to explore and take advantage of."

Chief Financial Officer Laurence Van Lancker added: "We are maintaining our M&A analytical framework, which covers the European B2C market and the secondary sectors in which we operate. I think there are clear opportunities that we continue to monitor."

I would say that nothing has changed in our international M&A approach. In Italy, we are continuing our strategy of targeted acquisitions. We are working on a pipeline and continue to maintain the same price discipline.

Elsewhere, Angelozzi told analysts that the operator was "resilient" in the face of possible future tariffs in the US.

"We are resilient to tariffs, that's self-explanatory really. But more importantly, we believe the company is generally very resilient to macroeconomic headwinds. This has been the case during previous economic shocks and recessions. Think of February, the global financial crisis and the recent period of hyperinflation," he said.

SKS365 continues to drive growth in the online and sports betting sector

Incidentally, it was the acquisition of SKS365, now called PWO by Lottomatica, that boosted online and sports betting turnover in the first quarter. Starting from the online business, which is now the Group's main source of revenue, an increase of 59% to 239.8 million euros was recorded.

The same acquisition led to equally strong growth in the sports betting business. Turnover rose by 59% year-on-year to 150.4 million euros, with Lottomatica also recording a positive sports betting payout in the quarter.

Gaming was the only segment that did not benefit from the deal, as revenue in the first quarter remained unchanged at EUR 195.5 million.

The effects of the acquisition were also clearly felt in the betting volume. Online betting rose by 46% to 7.36 billion euros, sports betting stakes climbed by 27% to 1.05 billion euros, while gaming stakes fell by 3% to 2.77 billion euros.

In addition, the increase in turnover led to a rise in adjusted EBITDA to EUR 220.5 million, an increase of 47% and a new record for Lottomatica in the first quarter. Adjusted EBITDA in the online segment rose by 55%, while it increased by 132% in sports betting. Adjusted EBITDA in the gaming segment fell slightly by 1% in the quarter.

Net profit exceeds 50 million euros

Operating costs increased across the board. Depreciation, amortization and impairments also increased, but financing expenses were reduced.

Pre-tax profit amounted to 77.8 million euros in the quarter, an increase of 49% compared to the previous year. The Group paid 26.3 million euros in taxes, leaving a net profit of 51.5 million euros, an increase of 71.9 percent compared to the previous year.

However, after deducting the net profit from non-controlling assets of 1.3 million euros, the net profit attributable to Lottomatica amounted to 50.3 million euros, an increase of 77.7%.

https://igamingbusiness.com/finance/quarterly-results/lottomatica-considers-ma-record-q1/

#grueneostern

Euphoric due to the small and short rally after the Trump election. I envisioned a different scenario for the year 2025 than we have now...

And contrary to all the crash prophets, I expected a positive US market at the beginning of the year. That's why I stupidly made another good investment at the end of the year. And logically, these stocks are now all down sharply. And have very quickly reduced the good overall performance I had achieved over the years to plus/minus/zero.

Incidentally, I only started investing again in 2023 after a long break. $GFT (-0,34 %) GFT is the only stock from older days.

CONCLUSION

- You're always smarter afterwards

- @Epi I would now say, why didn't you reallocate early enough? My opinion here was and remains that selling in panic is also not sensible. And as a small investor, you're usually too late anyway.

- Everyone actually knew that the US market had done far too well and was overheated.

- and Trump always announced the tariffs during the election campaign. So now he's doing things that don't come out of the blue.

- Nevertheless, I remain optimistic and have already bought a few more positions.

Because everyone knows that the "Orange Man" is a deal maker. He probably loves his country more than any other president. Otherwise his motto would not be "MAKE AMERICA GREAT AGAIN".

And that's why I believe that agreements will soon be reached.

- History shows us that things will continue to go up in the long term.

My dears, it pays to persevere. This is shown by the green side #grueneostern of my portfolio, which tends to hold my long-term stocks

$LTMC (-0,3 %) Lottomatica is a new investment, but one that is not affected by tariffs and has developed positively as a result. So it's also worth keeping an eye out for stocks that won't be dragged down by the "Orange Man".

$LTMC (-0,3 %)

Lottomatica confirms its leading role in the gaming sector with its participation in the second edition of the IGE - Italian Gaming Expo & Conference.

Lottomatica: innovation, responsibility and strategic vision

Lottomatica's participation in IGE 2025 reaffirms the company's commitment to leading the development of the gaming industry in Italy through an approach based on innovation, responsibility and a long-term vision focused on sustainability and value creation for all stakeholders.

Managers from the Lottomatica Group took part as speakers.

My dears, you can find the details in the linked article.

https://lottomaticagroup.com/en-us/innovazione-tecnologica-e-sostenibilita-lottomatica-a-ige-2025-%E2%80%93-italian-gaming-expo-conference

$LTMC (-0,3 %)

Another positive signal from the leading Italian provider in the legal gaming market: the share is trading with a good plus of +1.9%.

The weekly analysis of the Lottomatica share price underlines the positive trend line as it outperforms the benchmark. The share is thus outperforming the FTSE Italia Mid Cap . The short-term trend of

Lottomatica

is bullish, with resistance at 18.98 euros, while the most immediate support is at 18.49 euros. A strong continuation of the upward trend towards EUR 19.47 is expected. This analysis is for information purposes only and in no way constitutes financial advice, a solicitation to raise money or a promotion of any form of investment.

(Teleborsa Research Department)

(Teleborsa) 04.02.2025, 12:30 pm

https://www.borsaitaliana.it/borsa/notizie/teleborsa/finanza/milan-lottomatica-on-the-rise-15_2025-04-02_TLBEN-AUTO.html?lang=en