1Yr·

$WIE (-0.58%) - @TomTurboInvest - as Össi shares specialist, seems to me an interesting investment, good growth, favorable valuation and seems robust in the current economic situation . What says the professional ? 😊

12 Comments

Zoro@RoronoaZoro

1Yr

You might be interested in the article from @OEINVEST:) https://getqu.in/09wt1q/

•

Philipp@OEINVEST

1Yr

@RoronoaZoro @BamBam84 @TomTurboInvest

Greetings, Yes Wienerberger I now have over 1 year in the depot and am extremely satisfied, because Wienerberger is a solid, innovative and yet somewhat traditional company. From the former brick manufacturer, the company is already far away, because Wienerberger can be seen today as an all-rounder, in addition to the strong brick business in Europe and North America, the company has also built a lucrative foothold in the pipe market with Pipelife Solutions. Brick construction and innovation at Wienerberger: In addition to new types of energy-efficient bricks, Wienerberger already has roof tiles with integrated photovoltaics, which are relatively easy to install using a plug-in system (for electronic) and can be easily replaced if damaged. The bricks for house construction are efficient, insulating and have other properties, I think there is something for everyone. There are also special bricks for insulating the old building, because there you would otherwise have to glue everything up on the outside or something else, but there are already relatively narrow bricks for the inside, which according to management do not take up much space. This brings me to the next point, at the shareholders' day last year at Wienerberger HQ, on Wienerberg in Vienna 😁👌🏻, the Managing Board Heimo Scheuch said that due to the current situation it is assumed that the new construction market will tend to stagnate or decline over the next few years, but this is not so negative, because the future of Wienerberger also plays big in the renovation market. This is where they see the biggest organic growth in the coming years. I would like to note that the CEO (Scheuch) is incredibly competent and really exciting to listen to. Why renovation market, because Wienerberger is now more than just a brick builder, as already mentioned above. With Pipelife Solutions they play a role in every home and garden. All the same whether pipes for the sanitary installations, the electrical lines or in the garden the irrigation system or in the water treatment range in plants, everywhere gives it a solution. I would like to insert here still another video, there one sees it very beautifully, as I find - https://youtu.be/RL-1LcXrZAE topic innovation, lastingness and farsightedness: The letze year prevailing "gas" problem left the Wienerberger cold, since they always have a large supply, with long delivery times, because the gas is needed for the brick firing. Nevertheless, Wienerberger already has new state-of-the-art blast furnaces in operation in Scandinavian countries that use hydrogen to fire the bricks. In the long term, it should work like this: the wind turbines built especially for this purpose generate electricity, which is then stored in hydrogen or produced with it, which in turn is then used for firing. Sustainability ala Wienerberger and with the goal in the next few years to work very low CO2. Other innovations are brick building robots that build the house automatically and thereby increase the efficiency and support the workers and CO2 efficient bricks that store energy and insulate and cool well. More I can not write now about the company, I think that was now all before the numbers. To the numbers: If you exclude Corona, the company has been able to increase its sales, EBIT, profits for several years, even in the current difficult times they were able to pass on almost all prices to consumers and these were swallowed. The year 2022 was a record year and for the first time € 5 billion in sales, the first quarter 22 was just under 1.2 billion, for comparison 1Q23 lies's at 1.1€ billion of course a decline but I think that this will not be sustainable but is due to the global environment. The company has since 2018 sales ver-1 1/2 facht whereas the profit was even more than doubled from 2018 249 million € in 2022 to 567 million €, that can be seen. In addition, the dividend has been increased by an average of 24% over the past 10 years, which is great for us shareholders. All in all, a great company with, in my opinion, great growth that is generated on the one hand by its own products and quality and on the other hand by company acquisitions. In addition, Wienerberger is 90% in free float and very popular with UK and US investors. I hope this helps you a little with the decision and as you can see I am not a technical investor but a value/fundamental investor. Funfact at the end: Shareholder day was a pretty big private investor there and said he likes it, that he even on some islands in the Pacific, at the small material seller only Wienerberger bricks. Best regards Phil

•

Seventrader@7Trader

1Yr

@OEINVEST Unfortunately, the construction boom is over at the moment. The large projects of Buwog and Co. are not being realized at present, because construction prices and interest rates have exploded. Thus, the good last figures are probably no longer to be expected. In commercial residential construction, brick hardly plays a role, since mainly reinforced concrete is used. And in single-family house construction, in addition to brick and concrete, the timber frame construction method is used. In the renovation of old buildings, I see mainly lightweight construction (aerated concrete such as Ytong or GKF stud walls). In old buildings (apartment buildings), I have never come across these interior insulation bricks. That would eliminate me useful area and with unsatisfactory execution I pull myself the dew point inward..... And the professional integration of the wall openings is an immense additional expense. Regarding the PV roof tiles - is hardly used. Is expensive, complicated to install, and the efficiency is low. So in comparison with a PV panel. Maybe this will change, but at the moment I don't see a good business field for Wienerberger there. And visually, the Eternit PV panels (etc.) are also more appealing. These are my personal perceptions from Vienna. LG

•

BamBamInvest@BamBamInvest

1Yr

@OEINVEST I also like the fact that they are not only active in Europe, but are also growing worldwide, and the strong dollar should actually play into their hands, since they can probably offer more favorably than non-European competitors, I would imagine. In any case, very exciting.

••

BamBamInvest@BamBamInvest

1Yr

@7Trader I especially like the fact that they also go beyond Europe, so the growth opportunities are still given. All other positive aspects have already been mentioned.

••

TomTurboInvest@TomTurboInvest

1Yr

I have had Wienerberger on my watchlist for some time, but have not yet invested. Fundamentally, I am unfortunately not up-to-date - would be for me rather a technical trade. And from a technical point of view (if I were invested), I would rather tighten the SL at the current price level. The current price level (high 28) could not be broken for a long time, seems to be a resistance - at least since the end of Feb 2022. 2021 was the record year for $WIE - whether the level can be reached again sustainably? If construction runs, Wienerberger runs... the current interest rate situation is not exactly positive for the construction industry. Inflation is an additional factor - on the one hand, it drives sales growth, but on the other hand, it also puts pressure on margins. But in any case, it's an interesting, good Austrian company, and I'll keep it on my watch list. If I invest, I can post it on GQ and tag you. Let's see what figures are presented in August! Edit: maybe we can motivate our expert @TradingMelone to take a quick look 😉@7Trader You are also a "fox" when it comes to our AT shares - do you have an opinion on $WIE?

•

LoneMelone@TradingMelone

1Yr

@TomTurboInvest Uptrend yes. Would I still go in now ? No absolutely not. Can be that we go further up but the risk that we see a huge sell-off is at least as big for me. I do not like the monthly structure, so my assessment. Can still run further bull. I stay with the share but rather on the sidelines and look at other opportunities because I do not like the way we getrended are and one would enter now already really quite late.

•

TomTurboInvest@TomTurboInvest

1Yr

@BamBam84... then what was your decision from 2 weeks ago? If you are in, hopefully hedged with SL. Looks times not so rosy ... there is also no vision that Q3 or Q4 will be better.@7Trader has also written his view on the red brick and niche products such as solar roof tiles anyway

••

BamBamInvest@BamBamInvest

1Yr

@TomTurboInvest ne am not pure 🤣, I generally leave the fingers of Austrian shares. Have immediately deleted it from the watchlist as I have seen today -8 😊

•

TomTurboInvest@TomTurboInvest

1Yr

@BamBam84 well - for me the 29er level as described would also have been too hot. But otherwise I am already a fan of Austrian shares!

•

BamBamInvest@BamBamInvest

1Yr

@TomTurboInvest I noticed that, especially since many are also low-rated and under the radar. Should get more attention 😊

••

Seventrader@7Trader

1Yr

First of all, the Wienerberger pits in Hennerdorf are perfect for motocross 😎🤞🏽 Wienerberger is currently in a nice upward trend on the chart. That's a good look. Could me wigentlu B well imagine the price towards € 35 pulls through. Rough my thoughts - Vienna is virtually the city of bricks, which has made Wienerberger great. In the Gründerzeit, all Viennese houses were built with bricks. Through earlier expansions, Wienerberger has become one or the largest brick producer. In the meantime, they offer roof, wall and façade systems. For wall bricks, business will continue. There are still enough countries that do not build massively. Great orders will also beckon for the reconstruction of the Ukraine. In roof tiles, I have been following a trend over the last 15 years towards other product groups such as Prefa roofing tiles made of aluminum or Eternit made of cellulose or all other coated steel sheets, etc.. In addition, there is a swing towards solar roof panels. So there is a lot of business that Wienerberger is losing, and Wienerberger is more of an exotic in the field of facade systems; I hardly see any ventilated clinker facades. Eternit, Alucobond, etc. are more likely to be used. In the long term, the company would not be my cup of tea.

•