And what is your impression on site?
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@beetlejuice is running, I would say. Reminds me a bit of Aldin in the 2000s. Of course, I haven't compared prices with other markets 😅
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4Mo
@RealMichaelScott well, dino is actually very simple-minded. It's really only the price that counts, everything around it is hartz4 😀 The figures are impressive 2500 stores, mainly in the west. Expanding very quickly, over 100 new stores in. 2024. have a second residence in Poland. Personally, I would not invest in the share. The competition there is merciless. Biedronka, Zabka, or Lidl. I don't believe that Dino can or will prevail in the rest of Poland. I personally think Lidl is great in Poland. In Poland it's already the noble discounter. Not even remotely comparable to our lidl here. In terms of price, biedronka and lidl dominate the market. I am invested in poland with the msci poland, there are good companies there. Poland is already a beautiful country, I can imagine that in a few years poland will overtake germany economically.
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@beetlejuice definitely primeval 👍
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•@Seebi valuable personal impression of you. Thank you for that. Dino's business model is also not designed to compete with Lidl and Aldi in the cities, but rather to supply the smaller towns and be virtually the only supermarket there. I'm not worried about that.
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•4Mo
@RealMichaelScott Aldi is hardly represented in Poland. Mine are more like biedronka and Zabka. But you don't need to worry. You'll just have to see how it develops.
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•@Seebi my "strategy" will be to just leave it and not sell it and see what happens. It was a bit of "play money", so to speak 😅
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@Seebi I also think Poland is great! With almost 10% Poland in my portfolio, it's my most important country after the USA. But I think you have to do some stock picking. The MSCI Poland consists of 50% banks and nobody knows whether they are any good
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