Secunet Action Forum

Hello everyone,

it's time for some feedback again!

Briefly about the long-term strategy. I currently save monthly $IWDA (+0,72 %)
$EIMI (-1,88 %) and $WSML (+0,39 %) . I definitely want to increase the ETF share over the next few years. I definitely invested too little here at the beginning.

With very small sums I invest in stocks like $ASML (-0,38 %)
$AAPL (+0,65 %)
$MCD (+2,19 %)
$MC (-2,6 %)
$MSFT (+0,15 %)
$AMZN (-0,02 %) and co. There I have split the execution to 2x per month. If it drops significantly, I buy in tranches.

So that the dividend doesn't come up short, I still have stocks like $O (+2,65 %)
$KO (+1,1 %)
$DGE (-0,95 %) and my overweight $BAT . I don't work with savings plans for dividend stocks. Here I only buy in tranches if the share falls significantly. Provided I am still convinced of the investment. I try to focus exclusively on established quality companies.

I only see these candidates here as a trade. I will definitely part with them if the prices are attractive $BNTX (+3,76 %)
$FXPO (+14,55 %)
$ORSTED (+1,17 %)
$PYPL (+3 %)
$YSN (-1,43 %)
$SIX2 (+0,13 %) .

Conclusion

-Increase ETF share

-Increase the investment amount of the individual positions

-Reduce overall portfolio positions

I look forward to any constructive criticism!

Hello everyone,

I would also like to introduce myself and my portfolio briefly and concisely.

I've been a silent reader for a few months now. Now it's time to reveal a bit about myself.

About me:

My name is Sebastian, I'm 30 years old and I live in Bavaria. I live with my girlfriend in a house I inherited from my parents. I work in the business world as a mechanical engineer.

I can't say exactly when I started investing. I probably started about 4-5 years ago by participating in share bonus programs through my work. Otherwise, my investments have been steadily increasing since the coronavirus era. I was mainly triggered by Finfluencer. There are good and bad things about that. Good: I started investing. Bad: I bought a lot of things stupidly/blindly. I'm now trying to straighten that out and no longer follow such people.

Monthly savings rate approx. 2.5 to 3.0 k€.

I am not fully invested. I have and will continue to have a good cash position.

About the portfolio:

The aim is to create a healthy mix of growth, dividends (growth) and a stable, healthy basis. The dividends also serve somewhat as a "bonus".

As mentioned above, I have (or had) some stocks in my portfolio that I was/am not satisfied with and which I have therefore recently cleaned out and reallocated the freed-up capital. The reorganization process is still ongoing. Roughly speaking, I would generally like to have fewer individual stocks in my portfolio and will shift the weighting to ETFs.

About the individual stocks in the portfolio:

• $IUIT (+0,62 %) This is a pillar of my portfolio. It runs with a monthly savings plan for €1000. The idea behind it is an ETF that gives me a good return and ideally outperforms "world ETFs". Sure, it's an ETF from one sector, but I think that's fine. The savings plan will continue to run.
• $HMWO (+0,78 %) Also a pillar of my portfolio. Runs with a monthly savings plan for €1000. My selected "World ETF". Savings plan will continue to run.
• $XAIX (+0,57 %) I am unsure about this. Also a sector ETF. Runs with a savings plan of €250 per month. Also technology-heavy. I'm thinking about cashing it out to compensate for the losses and to take profits from the current tech hype.
• $SHL (-1,29 %) Largest single share position. Created through the share program mentioned above. 250€ monthly savings installment. The shares are sold selectively as soon as all the conditions of the program have been met and I have received maximum bonuses. I then switch directly to other stocks so that the SHL position does not become too large.
• $KO (+1,1 %) It has recently become a pillar of my portfolio. Dividend growth, acceptable share price growth, few fluctuations. I like it. Will not be expanded for the time being.
• $MCD (+2,19 %) See CoCa Cola. Has recently become a pillar of my portfolio. Dividend growth, acceptable share price growth, few fluctuations. I like it. I also see the share as strong in the real estate sector. Falling interest rates could trigger another good move here. Will not be expanded for the time being.
• $GOOGL (-0,6 %) difficult. It has performed well, but is now considering realizing profits. Through my ETFs. I already have this stock indirectly in my portfolio. However, I have deliberately increased the weighting of this individual stock in my portfolio. Rather than buying more, I would rather take profits. However, I would add to it again after a correction.
• $MC (-2,6 %) To be further expanded. Target 10k in the portfolio. I used the last small price slide as an additional purchase. Long-term investment. Will be bought at the next opportunity.
• $AMZN (-0,02 %) See Google. I already have this stock indirectly in my portfolio. However, I have deliberately increased the weighting of this individual stock in my portfolio. Rather than buying more, more profit-taking. However, I would add to it again after a correction.
• $JNJ (+0,03 %) To be further expanded. Target 10k in the portfolio. Dividend growth, acceptable share price growth, few fluctuations. I like it.
• $PG (+3,31 %) Recently added to the portfolio. This stock should give the portfolio further stability. Target of €10k in the portfolio.
• $V (+1,22 %) Recently added to the portfolio. This value should give the portfolio further stability. Target of €10k in the portfolio.
• $NKE (+0,58 %) Difficult position. The recent dip was hard. Outlook also not good, if not bad. As things stand, I would like to sell this share. But I am reluctant to sell with a loss of just under € 1k. I will probably hold on for a while and then decide objectively. I had invested a little here after the dip in order to take advantage of a potential countermovement. I could have saved myself the trouble...
• $BLK and $TROW (-1,27 %) same segment. I would like to decide on a share here and then expand it into a pillar of my portfolio. But which of the two...?
• $SBUX (+2,49 %) Doesn't really fit into the portfolio anymore. The outlook isn't great either. I will probably sell it at +-0€ and shift the capital into a position to be expanded.
• $MPW (+8,53 %) Legacy and memorial! Will continue untouched for now.

Of course, there have also been some failures so far, some of which have depressed performance considerably.

Any examples?

$YSN (-1,43 %) : -36,80%

$PLUG (+1,6 %) : -61,58%

$PYPL (+3 %) : -14.68% (good luck for bad luck...)

$NKE (+0,58 %) and $MPW (+8,53 %) can probably be counted as well.

That's it. It has become a smaller wall of text. Sorry for that.

Feel free to give me feedback on my thoughts and the portfolio.

Have a nice weekend everyone!

Share analysis/share presentation ⬇️

Today we are talking about the company Secunet: $YSN (-1,43 %)

What is Secunet and what does it do?

Secunet is a German company that specializes in IT security and high-security solutions. Among other things, they offer products and services in the field of IT security, such as encryption technologies, secure communication systems and identity management. Secunet works closely with governments, authorities and companies to protect their IT infrastructures from cyber attacks and ensure information security.

Market capitalization:

Secunet currently has a market capitalization of around 855.4 million euros.

Strengths of the share:

Some of Secunet's strengths:

- Outstanding specialization in IT security and high-security solutions

- Broad range of innovative encryption technologies and secure communication systems

- Strong focus on customized identity management

- Close cooperation with governments, authorities and companies for individual security solutions

- Expertise in protecting against cyber attacks and ensuring information security

Weaknesses of the share:

Here are some of Secunet's weaknesses:

- Limited market presence compared to larger IT security companies

- Potentially higher costs for their specialized security solutions

- Challenges in adapting to fast-moving technology trends

- Competitive pressure from established and emerging companies in the industry

- Possible dependence on government contracts, which could affect revenue stability

A little more about the business model:

Secunet's business model is based on the provision of highly specialized IT security solutions and high-security systems. The company focuses on the development and implementation of encryption technologies, secure communication systems and individual identity management. Secunet works closely with governments, authorities and companies to provide customized security solutions that meet the specific requirements and needs of its customers.

By specializing in IT security, Secunet positions itself as an expert in protecting against cyber attacks and ensuring information security. The company pursues a customer-oriented approach and works closely with its partners to develop innovative solutions that meet the ever-increasing security requirements.

Secunet strives to expand its market presence and continuously develop its technologies to proactively counter the changing threats in the digital world. Despite some challenges such as competitive pressure and adapting to new technology trends, Secunet remains committed to providing its customers with high-quality security solutions and establishing itself as a trusted partner in the field of IT security.

A little more about the industry:

Secunet operates in the IT security industry, which is concerned with developing technologies to defend against cyberattacks and protect sensitive data. This industry is crucial for governments, authorities and companies as they need security solutions to protect themselves from digital threats. Secunet focuses on highly specialized security solutions and works closely with customers to meet their individual security requirements. By constantly developing technologies and adapting to new threats, Secunet plays an important role in the IT security industry.

When and where was Secunet founded?

Secunet was founded in Germany in 1997 by Dr. Rainer Baumgart. The company is headquartered in Essen and has specialized in the development of highly specialized IT security solutions since its foundation. Over the years, Secunet has established itself as a leading provider of security technologies and works closely with governments, authorities and companies to meet their security requirements. The founding of Secunet marked the beginning of a company focused on defending against cyber-attacks and protecting sensitive information.

Secunet's goal:

Secunet's goal is to develop highly specialized IT security solutions to effectively protect governments, authorities and companies from cyber attacks. The company strives to create innovative technologies that can counter the ever-growing threats in the digital space. Secunet works closely with its customers to provide customized security solutions to ensure reliable protection of sensitive data. Through continuous development and adaptation to new security challenges, Secunet plays a significant role in the IT security industry.

Your opinion:

Now I would like to hear your opinion on this stock in the comments.

I personally find the company very interesting and will continue to monitor it. It was an unknown company to me until recently, but that's exactly why I wanted to introduce the share to you.

What do you think of Secunet and were you already familiar with this company?

Do you already have the share in your portfolio?

Please let me know in the comments.

Of course, this is not investment advice but just my own opinion that I would like to share with you.

Small additional purchase👌 Not seen such a price for Datagroup for a long time. Position full for now with 40 shares. The next step will be $YSN (-1,43 %) buy more.

Wanted to share my portfolio with you. Been investing since May 2020. 25 years old, full-time job and I buy and sell cars from time to time. Have a mix of growth stocks and dividend stocks. This year I will invest more outside the US to reduce the US share a bit. I will mainly $D6H (-4,88 %)
$YSN (-1,43 %) buy more. New additions will be: $WKL (+1,24 %)
$1913 (-0,2 %)
$CNQ (-0,76 %) After all the purchases have been made, I will increase all positions below 1k.

Hey community, how do you rate the development of $YSN (-1,43 %) ? Today it was announced that there is a significant correction in the profit forecast. I don't think there is any question, but fear that this is the start of a price slump.

+++ Signs of life +++

(from the series: Investment Diary & Thoughts)

Knee surgery survived last week. 🩼

Whether good, is the other question... 😣 In the meantime got postoperative fever, knee still swollen, probably needs to be punctured again... and otherwise so?

I lie around the whole day, meow at my wife from time to time (which I feel sorry for again seconds later, because she certainly can't help it...) and then I think to myself:

Look again in your depot. But no, I don't feel like it. Health and all that. That comes first.

Now I fell so when planking on the sofa suddenly my own trains of thought to the topic invest. And the decision is made after 2 days:

I will make my investing even simpler and less complex.

What follows:

Nearly all BigBlueChips are sorted out and shifted into the MSCI World & MSCI EM. After all, they are represented there anyway, so why bother with them?

What remains for the pension is the MSCI World ($IWDA (+0,72 %) ) , MSCI EM ($EIMI (-1,88 %))and EUWAX GOLD II ($EWG2 (-1,37 %) ).

In addition, I focus on 5 (max. 7) individual stocks. According to the current status these include $ST5 (-2,28 %) (Steico SE), $NIBE B (-1,37 %) (NIBE "is love"); $YSN (-1,43 %) (Secunet); $UKW (-0,31 %) (Greencoat for ever - or what better comes); $COLO B (+0,18 %) (Coloplast) and $MRK (-0,26 %) (Merck KGaA).

Over the years, I have become less and less interested in more.

Investing remains important. But please make it as boring as possible.

The last weeks alone (preparation for surgery and now the aftercare) have shown me that I am not ready for this and especially not able to keep track of 15-20 values. Thus, the focus on investing as simple as possible and still preserve individual value opportunities for me has become more attractive again.

Maybe this will actually create opportunities for the activated trading of 1-2 values from the basic framework... if not, also not so wild. And yet I will be able to focus even better on these values.

Concentrating on a few individual values and a really large core (I'm also talking about more than 150k€ in the core here) is the true core-satellite strategy for me. That I had neglected this over the years somewhat, or expanded - normal. So now "back to the roots", or "back to simplicity".

Time is not money, but valuable in terms of family, free time and your own health.

And otherwise so?

Soon the physiotherapy will start. I have no idea how to cope at the moment, but that will come.

I still have the post on hold for the "Green Investment" and the resolution (win pronounced in the poll) of the winner of the getquin-Cap. Both of which I have not forgotten. As soon as I can sit reasonably, without problems, I will get back to writing.

To getquin I will certainly become more active again, I have time now. At least 8 weeks (with good progress) is a long time.

So, keep your head up, dad is doing it too....

Your KneePapa. 🦵

June/Semi-annual closing

What do you do when your portfolio is partly -35% under water in 2022? Exactly, continue to butter 😂 So it happened to many, but you can see how important it is to stay tuned and to act countercyclically. Especially those that were said to be dead were further stocked up (Palantir, SoFi, Tesla).

The first half of the year was quite satisfactory considering that the Hang Seng has been correcting since February and the China share in the portfolio accounts for 25%. Here, however, it is only a matter of time until the HSI breaks out above the downtrend and it goes towards 30000 points. The bearish scenario towards 17000 points, however, remains on the screen.

YTD: +19.05%

June: +6.58

Hot June:

$XPEV (+2,66 %) +67,01%

$SOFI (+9,03 %) +47,17%

$UPST (+25,91 %) +37,42%

$TSLA (+9,97 %) +31,72%

$DYL (+1,71 %) +22,31%

Flop June:

$BICO (+2,44 %) -34,32%

$MELI (+6,83 %) -10,69%

$OGI -10,56%

$RCK (+3,42 %) -9,99

$SE (-1,24 %) -7,64%

Purchases June:

$GTLS (+3,03 %) +10,98

$COIN (+8,63 %) -3,06

Sales June:

$YSN (-1,43 %) +13%

Lastly, Secunet had to give way for Coinbase. Not because Secunet is a bad company, but simply because I see more potential in Coinbase towards the 2025 bull market. The only thing that bothered me a bit about Secunet was that they pay dividends. You could do better with the money mMn.

Expectation 2nd half of the year:

-July is a good month and therefore it can go further up.

-breakout Hang Seng

-Corrections in the fall in the US and EU markets

-take a vacation in July and simply leave the crappy depot

How was your half year and what is your expectation of the 2nd half?

$YSN (-1,43 %)

what is your opinion about Secunet? A purchase for you?

+++ Numbers, numbers, numbers... +++

(from the series: My Investments)

Yesterday was number(s) day!

Three companies from my portfolio reported their figures in the morning. Here we go...

$YSN (-1,43 %)
Secunet Security Networks AG Q1/2023:

Revenue: EURO 55.2 million (previous year: EURO 65.4 million) 🔻

EBIT: -6.2 million EURO (previous year: 8.5 million EURO) 🔻

Orders on hand as of reporting date: 230.6 million EURO (previous year: 184.3 million EURO) ✅

Expected annual sales 2023: unchanged at 375 million EURO (previous year's result: 347.2 million EURO)

expected EBIT 2023: 50 million EURO (previous year: 47.0 million EURO)

Conclusion: Hesitant start into the fiscal year, due to restrained demand from the public sector (authorities and co.). However, a traditionally strong 2nd half is expected. In the books of #secunet have recorded an increase in orders of over 25%, thus laying the foundation for management to achieve its targets. However, personnel costs will also rise in the course of the year, which is why EBIT, among other things, will increase only slightly.

Source:
https://www.secunet.com/ueber-uns/presse/artikel/secunet-startet-verhalten-in-das-jahr-2023-verzeichnet-jedoch-einen-rekordauftragsbestand-und-bestaetigt-die-prognose-fuer-2023

$COLO B (+0,18 %)
Coloplast A/S half-year report 2022/2023:

Sales: DKK 12.166 million (EURO 1.63 million; previous year: DKK 10.671 million) ✅

EBIT: DKK 3.445 million (EURO 0.46 million; previous year: DKK 2.920 million) ✅

EBIT margin: 28% (prior year: 31%) 🔻

Half-year dividend: DKK 5 🟰

Conclusion: Growing sales and increased EBIT result. However, with decreased margin, decreased cash flow. This is due to the acquisition of ATOS, the increase in net assets and higher income tax payments. The way is the goal and here we are #coloplast on target.

Source: https://ml-eu.globenewswire.com/Resource/Download/09d9c68d-b364-44b0-8954-789e0143db34

$MRK (-0,26 %)
Merck KGaA Q1/2023:

Sales: EURO 5.293 billion (previous year: EURO 5.198) ✅

EBIT: EURO 1.035 billion (previous year: EURO 1.1173 billion) 🔻

EBITDA: EURO 1.491 billion (prior year: EURO 1.603 billion) 🔻 EBITDA.

Earnings per share: EURO 1.83 (prior year: EURO 2.02) 🔻 Earnings per share.

Cash flow: 853 million EURO (prior year: 840 million EURO) ✅

Conclusion: Mixed results. Weak start in the first quarter of the fiscal year due to the slump in pandemic-related sales and the liquid crystal business (the smallest part of the division of #merck ). Nevertheless, analysts' estimates for EBITDA in particular were slightly exceeded. They had expected the result to be weaker. On the whole, the management considers the issued annual targets to be realistic, at least there is talk of a stable achievement of the key figures compared to the previous year. Importantly, the most recent additions to the market in Merck's pharmaceuticals division, namely the cancer drug Bavencio and Mavenclad for the treatment of relapsing-remitting multiple sclerosis, were among the sales drivers in the Group.

Source: https://s3.amazonaws.com/nadq2gcsccs-pro-www/202305/2023-Q1-Report-DE.pdf

Bottom Line Over All:

All three companies reported here are struggling with one or the other problem in the current inflation, wage cost, but also (geo)political situation. Satisfactorily, however, it can be stated that the order situation in particular does not tend to be a problem. Although there are a few problem children, as at Merck, the respective core businesses are on target. What applies to the general market naturally also applies to these companies. Wage costs, increased raw material and procurement prices, as well as possible signs of a recession will also make themselves felt here. Nonetheless, the companies are in a fairly stable position and have their sights set on at least maintaining last year's results this year. Such phases are part of the history of the economy and should therefore be taken into account, but not overestimated.

I remain invested in all three companies and will increase in due course.