📊 Performance & Markets

At the midpoint of the year, I'm still well below my annual goal.

🏆 Hot Pick: Nvidia

👑 King Midas Factor: Agnico Eagle

💶 1 Swiss franc was trading at 1.09 euros.

₿ Crypto & Alternative Investments

My $BTC (-0,14 %) was approaching my average. That’s why I sold my entire position and then rebuilt it at a lower price.

There were no new buys or sells in Timeless. There’s also no news regarding NFTs and music rights.

🍷 Winery: No news.

📈 Individual Stocks, ETFs & Savings Plans

🟢 Buy: $PAH3 (+0,93 %)

🔴 Sale: $SBUX (-0,4 %)

🏅 Top of the Month: $NA9 (-0,1 %)

📉 Flop of the Month: $CWR (-2,07 %)

🚀 Crowdcube & Startups: No news.

🧠 Nao: The savings plans are still ongoing.

🌴 Personal Recap

First, I had to take the car in for its inspection again. After that, I spent two weeks at the North Sea and then three days in Hamburg. If my commute weren’t so long, Hamburg would definitely be my adopted home.

I also finally switched my cell phone plan—10 euros a month feels a lot better than 30 euros.

Today, I also received my employer’s mobility allowance for the first time, amounting to 282 Swiss francs per year was approved.

With the start of the World Cup, I’m back to playing prediction games—this time via Check24 and in the Bitcoin community on Kickstr.

🎧 Interest Rates, Podcasts & Real Estate

After the ECB raised interest rates, I parted ways with Vivid. The higher interest rates weren’t passed on to customers, and the premium plan is personally too expensive for me.

Having everything with Trade Republic would be easy, but I’d also like a debit card with cashback and a bit more flexibility. That’s why I’m now testing the ZinsPlus account from Unitplus, which currently invests in the Easy € Overnight (BNP Overnight, LU3025345516) and is currently paying 2.58% + cashback. Downside: fee

🎙️ Podcast is in Season 3, Episode 1 . Topic: Financial Goals.

🏠 I’m still saving diligently for the special payment on my mortgage in 2026.

🔮 July Outlook

Tomorrow I’m heading to Berlin for the Finch concert. I actually wanted to stop by the getquin headquarters too, but I heard it’s usually pretty quiet there on Fridays. 😄

In July, all my insurance premiums and the vehicle tax will be debited. I also have a new smartphone on my shopping list.

On July 18, I’ll finally be heading back to the stadium: FC Basel vs. Juventus.

Between August and October, my stock investments will take a planned summer break.

What about you? How was your June?

If you’d like to learn more, feel free to follow me. And if you don’t like my investments: The block feature works😄

📆 Review April 2026

📊 Performance & markets

The monthly performance was a strong +5 %.

The robo-advisor currently stands at an overall performance of +39,76 %.

• Hot factor favorite: Nvidia
• King Midas Factor: TUI
• 1 Swiss franc is quoted at 1,09 €

₿ Crypto & alternative investments

The crypto savings plans are running as usual again.

There were neither purchases nor sales in Timeless.

There is also currently no news in the area of NFTs and music rights.

🍷 Winery

No updates worth mentioning.

📈 Individual shares, ETFs & savings plans

• Purchases: Weichai Power $2338 (+5,71 %) , Amplifon$AMP (+1,37 %)
• 
  Sales: Mercedes-Benz$MBG (+0,71 %) , Coloplast$COLO B (+1,65 %)
• 
  Top of the month: Ceres Power$CWR (-2,07 %)
• 
  Flop of the month: Tomra Systems$TOM (+0,62 %)

🚀 Crowdcube & Startups

No news.

🧠 Nao

Savings plans remain stable.

🌴 Personal review

April was characterized by a lot of work and some overtime, but the salary is still a long time coming due to the unpaid month.

A small damper on everyday life: our coffee machine gave up the ghost after four years. For a €700 Siemens machine, I would have hoped for more. We now have a replacement from De'Longhi.

I also went to the tattooist and integrated a bit more sport back into my daily routine.

From a performance perspective, it was the strongest April since 2021.

🎧 Interest rates, podcasts & real estate

There was no news at Vivid.

The old podcast is in Season 3 Episode 1 is all about financial goals.

In the area of real estate, we are currently working on the special repayment 2026 is currently being saved.

🔮 Outlook for May

• Adjustment of the savings plans
• Appointment with the tax consultant
• Whisky and meat tasting

And you? How was your April?

If you want to find out more, feel free to follow me.

And if you don't like my investments: The blocking function works wonderfully.

In the meantime $KALV has moved to the top of the daily performance list. Unfortunately, this is one of my small positions. But every little bit helps 😂

Another addendum to $CWR (-2,07 %) which is currently scratching the 100% mark. I also sold half of the position here at the end of March at 310p and took profits. Since then it has almost doubled again. I will therefore let the rest run.

So far I have 4 top stocks in my portfolio. Will it stay that way after 15:30?

They are all energy stocks

$BE (+0,2 %)

$CWR (-2,07 %)

$GNRC (+0,89 %)

$FCEL (+3,32 %)

$BE (+0,2 %) but already did well yesterday after the close. Are therefore up 17% compared to yesterday's close

This week, out of my own interest, I've been looking into $CWR (-2,07 %) and as I haven't written my own post yet, I'm simply sharing my research and thoughts with you as compactly as possible.

Ceres Power is a British company that is developing a solid oxide technology that can do two things. Firstly, its cells can be used as fuel cells (SOFC) to generate electricity, for example for data centers, industry or buildings. Secondly, the same basic technology can be used as an electrolyzer (SOEC) to produce green hydrogen, for example for hydrogen projects or e-fuels. I find it exciting that Ceres is not building any large factories itself, but is supplying the technology in the background. Partners such as Doosan, Delta, Shell or Weichai take over the actual production. Ceres then earns from license payments and later from volume-based royalties, i.e. a share of the partners' sales.

The "asset-light" model makes the whole thing particularly interesting. In principle, Ceres sells know-how and intellectual property, while the partners bear the majority of the investment and production risk. Despite declining sales, the gross margin in the first half of 2025 was around 79%, which is really high for an industrial company. In 2025, Doosan has launched a factory in South Korea with an annual capacity of around 50 megawatts, where it produces fuel cell systems based on Ceres technology, including for decentralized energy supply and AI data centers. This marks the start of the first phase in which ongoing royalties are not just theoretical, but can actually be incurred. At the same time, a 1-megawatt demonstrator is running in Bangalore (India) with Shell to produce green hydrogen on an industrial scale. This shows that the technology does not just exist on films and in studies, but is already being used in real plants.

Ceres is also very consciously playing the AI card. Data centers for AI applications have an enormous appetite for electricity, and new grid connections or traditional power plant projects often take years. The idea is to set up container solutions with Ceres-based SOFC systems relatively quickly, which supply base load around the clock and thus relieve the grid. If large data center operators use this on a large scale, Ceres is automatically attached to each additional system via its licensing model.

On the other hand, the risks are clearly visible. In the first half of 2025, revenue fell from around 28.5 million pounds to 21.1 million pounds, a drop of around 26 percent. The background to this is that large one-off license deals, for example with Delta, were still included in the figures in 2024, which are now no longer applicable, while the volume-based royalties are only slowly starting up. Ceres continues to make significant operating losses. On the positive side, the company has around 104 million pounds in cash and short-term investments on its balance sheet, which gives it some buffer for this transition phase. Nevertheless, Ceres remains heavily dependent on its partners. Whether the story works out will ultimately depend on how quickly Doosan, Delta, Weichai and others ramp up their factories and whether their customers really demand the technology in large numbers.

A lot has also happened to the share price recently. In euros, the 52-week range is roughly between 0.51 and 4.98 euros, which is an enormous bandwidth. The share price has multiplied in recent months. A significant boost came recently after Ceres agreed a new production license deal with Weichai for solid oxide fuel cells in China, with a focus on powering AI data centers, among other things. The share is currently running pretty hot, and large swings in either direction are possible at any time.

The bottom line for me is that Ceres Power is a speculative bet on two major trends. Firstly, the hunger for electricity in AI data centers and secondly, the expansion of green hydrogen. The technology looks exciting, the partners are well-known, and the business model could become very attractive if successful due to the high margins and royalties. On the other hand, there are lowered sales forecasts, continued red figures, high dependency on partners and an extremely volatile share, which probably already contains a lot of fantasy. For me personally, Ceres would only be a small, speculative addition or a watchlist candidate, certainly not a calm underlying for a relaxed long-term portfolio.

What interests me now is your view. What do you think $CWR (-2,07 %)? Have any of you been invested for some time and been able to take advantage of the recent price gains or is this more of a pure gamble for you that you would rather just watch? Have a nice weekend!

April was another exciting month - time for a little tour of my depot and everything around it:

📊 Performance & figures:

• Monthly performance: +1,12 %
• Annual target: +15 %
• Current IPQ: 118,7
• Hot factor favorite: Ferrari 🏎️
• King Midas Factor: Nexus ✨
• My Robo-Advisor continues to perform strongly with an overall performance of +21,61 %
• And the franc? It currently stands at 1,06 €

💻 Crypto & digital assets:

• In my crypto area there were a few adjustments and partial sales.
• At Timeless I have added the Pattex Philippe Calatrava with a discount coupon.
• NFTs: Currently no new developments.
• Music rights via Globalrockstars: No new shares here either.
• Winery news? No news - all quiet in the cellar 🍷

📈 Individual shares, ETFs & savings plans:

• Some ETF savings plans have been paused, but a new savings plan on Cheesecake Factory
  $CAKE (+0,22 %) has been launched.
• Anyone who has been with me for a long time knows my story: I hadn't bought any individual shares for a long time due to additional costs when buying real estate. The buffer has been back since June 2021 - and I'm starting again!
• I'm starting with the "small" stocks from before - not at the same price, but in the same quantity:
• Coloplast$COLO B (+1,65 %)
• Amplifon$AMP (+1,37 %)
• Aston Martin$A5S
• Ceres Power$CWR (-2,07 %)
• Vow$VOW (-0,25 %)
• Vita 34 $V3VJ
• 
  These positions also help me to reduce my loss pot to fill up a little again.

📊 Crowdcube investments:

• A few shares in manga.io secured - the nerd in me needed it. 🎌📚

🎴 Pokémon cards:

• I put together small sets from cards I won - and donated them to a school. Giving back a little piece of joy.

✉️ Application & work:

• April was quiet - one week of vacation, 9 days of overtime reduction, so hardly any time in the clinic.
• Unfortunately, it didn't work out with the 50 % position did not work out.

🏦 Interest & podcast:

• Vivid has adjusted the interest rates - from 10k there is now even a gradation of the interest rate, let's see how long I'll be there.
• 
  Podcast Season 3 Episode 1: Financial goals 🎧

🏠 Real estate:

• The 5% special repayment for 2025 have been saved up - transfer will go out next week. One step closer to being debt-free!

🔮 Outlook for May:

• Portfolio focus: I'm continuing to build my ETF and moving more into individual shares.
• Vacation: At the end of May I'm going to Barcelona for the Formula 1 race. I'll make a detour to the burger chain I bought shares in two years ago - let's see how things go there. 🍔🏁

And you? How was your April?

📌 If you don't like my investments - use the block function. 👍 If you celebrate my ideas - please feel free to follow! Thanks for reading - see you in May! 🙌

Company presentation Ceres Power Holdings PLC

Ceres Power is a UK-based company founded in 2001 and engaged in the manufacture and development of fuel cells.

Ceres is best known for its SteelCell technology, which at the time was the invention of lithium battery and fuel cell pioneer Professor Brian Steele at Imperialist College in London.

The SteelCell generates electricity from various fuels such as natural gas, biogas, ethanol or even hydrogen and can therefore be used flexibly.

According to Ceres Power, it can be manufactured inexpensively by using commercially available materials such as steel, is very efficient and is also very robust. The SteelCell operates in a range of 500-600 °C and consists of a perforated steel sheet with a special ceramic layer.

In recent years, this technology has been further perfected and important partnerships have been established with e.g. Bosch, Weichai or even Doosan to advance the development and research in areas of energy systems in industry, data centers and transportation, thus taking a leading position in fuel cell technology worldwide.

In the first half of 2021, Ceres Power recorded a 96% increase in sales, and the order backlog by then was €48.8M.

Share price: 13.09€

Performance 1 year: +48.93

Performance 3 years: +551,43%

The fuel cell market is highly competitive and more and more companies are getting into the game.

In your opinion, does Ceres Power have the potential to become more prevalent in the future?

-----

No investment recommendation

Sources: ceres.tech,
Finanzen.net, marketscreener $CFJA

Fuel cell manufacturers.