Good evening everyone,
as I am learning more and more and also going into more depth, questioning my decisions again and trying to become better.
A topic that I have more or less put on the back burner until recently, or have not given the attention it deserves?
Specifically, it's about the management of your/my/everyone's investments...
*If you are not interested in the $CNR (-0,61 %) you can scroll straight to the end and the question*
I am currently invested in $CNR (-0,61 %) and have thought about simply adding to it again, as I have cash and the price seems cheap. This is about a stock that I bought at the very beginning and still hold. It's probably super boring for most people, but I don't think it's such a bad stock for my purposes. Solid dividend with quite good growth, Moat, etc....
Of course, one wonders why the share price has suffered so badly recently, a pleasure to buy? A self-runner? Don't panic and just invest money, as everything is still fine?
Calming down helps, as they say sometimes the best way to invest is to do nothing at all? In any case, I've put off buying more for the time being and have questioned my "no-brainer" from the single stock Invest Start again.
Apart from the fact that most people are probably questioning the investment anyway, especially with regard to the current market situation, here are some brief thoughts on why I did not buy more and even question the investment question the investment.
Since Tracey Robinson was brought on board as the new CEO of $CNR (-0,61 %) was brought on board, there has been a new focus on and what stands out:
- High spending on audits
- High expenditure and new debt for share buybacks at ATH
- 4 new management members in a very short time
This raises the question of what to make of this.
The last figures were not that bad, but in the background are the management decisions that are/have been made.
Of course $CNR (-0,61 %) factors such as customs duties, lower volumes, etc., which can/will have an absolute impact on the share price.
At the moment, however, in my opinion, I see more displeasure or uncertainty towards the management from the investors' point of view.
It seems that Tracy is currently raising a lot of capital and shaking up the management in order to get on a certain track. (pun totally intended)
Short term decline for long term growth?
I remain suspicious for the time being and will probably not add to the stock, even if I think that the price is currently quite good and it is probably not a mistake in the long term.
I don't really agree with the management's decisions at the moment and will keep an eye on this for the time being as it does have something of a red flag for me.
Perhaps someone here is also invested and can/would like to share their thoughts on $CNR (-0,61 %) express their thoughts? I may also be completely wrong...
TL,DR:
How much weighting do you give to management in your investments? How do you obtain information and what exactly are you looking for? Are there deal breakers that make an investment uninteresting for you? Do you not care as long as the share price stays on track?
I'd love to hear your thoughts on this 🚋
Have a nice rest of Sunday, it's still going ;)
