Its been on my list for a long time

Keineui@Keineui

1Mo

Would you like to tell us a little more about that?

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6

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der F.@Fabrikarbeiter

1Mo

@Keineui A healthy company with excellent prospects (optical technologies seem to be overlooked) that has plummeted from an overvalued situation to an undervalued one. The company isn’t to blame for these ups and downs, and now I’m buying it up because I like to buy low and sell high. Doing it the other way around doesn’t make sense.

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3

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Epi@Epi

1Mo

In any case, the trend is clear.

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der F.@Fabrikarbeiter

1Mo

@Epi Yes, definitely

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der F.@Fabrikarbeiter

1Mo

@Fabrikarbeiter There's a clear trend here: you can get a specialist in optical systems at a bargain price. The idea that they only manufacture plastic sunglasses is a bit off the mark.

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1

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🏊🏻‍♂️ • 🚴• 🏃‍♂️ Endurance Life@MozartsGeist

1Mo

Yeah! 🫡 Just do it 💪
(Or did you make a typo when you bought it?)

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der F.@Fabrikarbeiter

1Mo

@MozartsGeist Nope, it's my biggest position in my portfolio right now.

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#TechNerd1337@TechNerd1337

1Mo

Phew, why release the Q3 numbers before October 20?

In my opinion, there are still a few red flags at EL.

1. Core business is growing only slightly
2. Debt-financed 2026 dividends—net financial debt at 2.5x FCF and buybacks at peak prices
3. Change in leadership without a clear strategy

I think it’ll definitely drop again to 120

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der F.@Fabrikarbeiter

1Mo

@TechNerd1337 "The core business isn't the interesting one"—everything else you're writing here isn't really a red flag. Debt-to-free-cash-flow ratios of 2.5x are a dime a dozen, and as for the free cash flow being on the decline, I'll chalk that up to the group's technological ambitions (without looking into it too deeply right now). Yeah—220 euros in a year, if you’re going to start throwing out random prices off the top of your head.

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🏊🏻‍♂️ • 🚴• 🏃‍♂️ Endurance Life@MozartsGeist

1Mo

Is there already a new “victim”?

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It's been on my list for a long time