The new SONY ($6758) (-5,33%) CEO Totoki expressed his gratitude for his appointment and spoke about his commitment to realization of the creative entertainment to create new value and drive Sony's evolution and further growth.

The financial results for the third quarter of fiscal year 2024 were then presented, as well as an outlook for the full year:

Group sales excluding financial services increased by 7% year-on-year to JPY 3,695.7 billion. Operating profit increased by 10% to JPY 423 billion. Group sales including financial services rose by 18% to JPY 4,409.6 billion and operating profit increased by 1% to JPY 469.3 billion, a record high for the third quarter. The net profit increased by 3% to JPY 373.7 billion

For the full year 2024, the figures were as follows:

Group revenue excluding financial services was revised upwards slightly to JPY 11,900 billion. Operating profit was revised upwards by 2% to JPY 1,190 billion. Group sales including financial services were revised upwards by 4% to JPY 13,200 billion. The Operating profit was revised upwards by 2% to JPY 1,335 billion. The Net profit was revised upwards by 10% to JPY 1,080 billion.

Games and Network Services: There was a significant upswing here, with sales up 16% to JPY 1,682.3 billion, primarily due to higher hardware (especially PlayStation 5) and third-party software sales. Operating profit climbed an impressive 37% to JPY 118.1 billion, a record high for the third quarter in this segment. This increase was mainly driven by higher revenues from network services and third-party software as well as improved hardware profitability. Particularly pleasing was the 5% increase in monthly active users (MAUs) in December to 129 million, which is the highest number in PlayStation's history. A large proportion of PS5 purchasers in the quarter were new customers (over 40%) which, along with the moderate decline in the PS4 user base, contributed to MAU growth. PlayStation Plus revenue increased by 20% year-on-year, driven by higher average revenue per user thanks to the move to more expensive subscription models and price adjustments.

Music: Revenue increased 14% to JPY 481.7 billion, mainly due to higher streaming revenue and the consolidation of ePlus Inc. into Visual, Media and Platform. Operating profit increased by 28% to JPY 97.4 billion, mainly due to higher revenues. Streaming revenues also recorded growth of 9% compared to the previous year. Successes from artists such as Tyler, The Creator, Bad Bunny and Beyoncé were particularly noted. Sony Music is stepping up its efforts to promote local artists in emerging markets and strengthen relationships with independent labels, particularly in Latin America and India.

Pictures: Sales increased 9% to JPY 398.2 billion, primarily due to higher revenues from theatrical films such as "Venom: The Last Dance" and exchange rate effects. However, operating profit fell by 18% to JPY 34 billion, mainly due to higher marketing costs for theatrical films. Despite the strikes in the USA, the production of films and TV shows is recovering. The success of the anime series "Solo Leveling" on Crunchyroll was highlighted, and Sony plans to strengthen its commitment to anime fans by launching "Crunchyroll Manga".

Electronics, Technology & Services: Sales fell 4% to JPY 704.5 billion, mainly due to lower TV sales. Operating profit remained almost unchanged at JPY 77.1 billion. The mirrorless camera market experienced a stable recovery after the COVID-19 pandemic and almost reached the 2012 level in 2024. Sony is planning further cost reduction measures to increase resilience.

Imaging & Sensing Solutions: Sales remained almost unchanged at JPY 500.9 billion as lower sensor sales for mobile devices offset the positive impact of foreign exchange effects. Operating profit fell slightly by 2% to JPY 97.5 billion. Despite a decline in the current quarter due to past production problems, cumulative sales for the first nine months of the fiscal year increased by an impressive 15% year-on-year. Sony expects stable growth in the mobile sensor segment, mainly due to rising sales prices resulting from larger sensor areas and higher-end models. The slowdown in the growth of the electric vehicle market, particularly in the US and Europe, is having an impact on the automotive sensor segment. Despite this, Sony has been able to expand its customer base and improve its product performance, which has led to strong demand for EV manufacturing in China as well as a shift towards higher pixel count sensors.

Hayakawa also mentioned strategic initiatives such as the collaboration with Kadokawawhich has made Sony the largest shareholder in Kadokawa. The aim is to combine the strengths of both companies to create new value in various entertainment fields.

In the subsequent question and answer session various topics were discussed:

Totoki's role as CEO: Totoki expressed his vision for Sony in the next 10 years and how he wants to utilize the diversity of human resources and business fields to create something new. He wants to be guided by the vision and create something completely new by bringing together different areas.

Challenges and investments: The challenges Sony still faces to be globally competitive were discussed. Totoki explained that Sony has not yet reached the highest level in terms of size and profitability compared to top global players. The company's investment policy under the medium-term plan was also discussed.

Investment plans: The company highlighted the acquisition of EMI Music Publishing in 2018 as the most impressive investment. Totoki commented on the criteria for restructuring and divestments and emphasized that such decisions are made without hesitation if a business unit is not performing well and needs a change.

Duties: Strategies to minimize the impact of US tariffs were discussed, including diversification of supply chains and warehousing. Totoki assured that Sony is making preparations but has not yet made any drastic changes.

Medium-term outlook: Profit sustainability and expectations for the new management team and the capital market were discussed. In the gaming sector, the continuous increase in MAUs and the importance of network services play an important role.

Sony is and remains an exciting company. Unfortunately, nothing was reported on the development of its own e-car. I had hoped that Sony would have similar success to Xiaomi ($1810) (-8,04%) could celebrate. After all, PS5 sales are strong and a growth driver for the company as a whole.

I hope this summary has helped you.

Stay tuned!

Japan surprises once again: 2.8% growth in the last quarter! 🚀 While Europe - especially Germany - is talking about recession, the economy in Tokyo is booming. But why is the stock market reacting so cautiously?

Exports drive Japan, consumption weakens

Japan's growth engine is running at full speed - thanks to strong exports. Companies are investing heavily, but the population is holding back on consumption. Higher prices and stagnating wages are weighing on households. A familiar picture? Things look even gloomier in Germany: The country is struggling with shrinking economic output.

The yen as a risk

With the good figures, the yen is rising, which poses problems for Japan's export industry. More expensive goods abroad could dampen growth. Markets are also speculating on interest rate hikes by the Bank of Japan - another question mark for investors.

Investors beware!

Anyone investing in Japan should take a close look: Can domestic consumption recover? Or will growth remain dependent on exports alone? Shares such as Sony $6758 (-5,33%) , Toyota $7203 (-5,19%) or Panasonic $6752 (-5,99%) could benefit - but only if the economic climate stabilizes.

What do you think? Is Japan on the right track or just a flash in the pan? And what does this mean for Germany?

Sources: Manager Magazin, Statista,

Picture: ChatGPT

Today I would like to introduce you to a technology that is one of the greatest technological revolution since the invention of the Internet. The project is being led by the company Nippon Telegraph and Telephone Corporation (NTT) $9432 (+1,08%)a company that could be described as the Deutsche Telekom $DTE (-4,57%) of Japan. From the outside, it seems like a boring quality company, dividend share, safe haven.... But it is much more than that!

Our society is slowly but surely moving towards the AI age. Everything and everyone is connected. However, this also brings problems, because AI requires electricity, a great deal of electricity. It is currently assumed that in the future, an ever-increasing percentage of our electricity production will only be needed for data centers. This costs money and, in most cases, damages the environment on top of that.

This is the reason why NTT has launched the IOWN project (Innovative Optical and Wireless Network) into being. In the meantime, the project has developed into a global initiative with NTT as the initiator, important direct partners such as Intel
$INTC (-10,24%), Sony
$6758 (-5,33%), NEC $6701 (-3,98%) and Fujitsu $6702 (-3,84%)as well as dozens of other partner companies (Google $GOOGL (-1,28%)Amazon $AMZN (-1,95%) , SoftBank $9984 (-9,85%)....).

What is IOWN about?

Today's network technology, which is based on electricity, is to be fundamentally rethought. Instead of electricity, networks with photons (light) operated. This technology will be used in mobile networks, data centers, industry and much more. The APN (All Photonic Network) is currently undergoing intensive testing and expansion.

NTT: "IOWN technologies are expected to reduce energy consumption by 100-fold transmission capacity by a factor of 125 times and increase end-to-end latency (≈delay) by a factor of 200-fold times."

Here is another typical Japanese graphic, detailed but confusing:

The introduction of IOWN technologies would thus solve the biggest problem of our digital society, energy consumption. Not only that, it would also surpass all current network technologies in terms of speed and capacity and capacity many times over. Today's technology is not able to outperform the APN. IOWN represents a technological revolution with a disruptive character an innovation that would be so groundbreaking that anyone who does not adapt it would be at a competitive disadvantage. And IOWN is not science fiction, it is already a reality.

For example, the first international APN was put into operation at the end of last year. In cooperation with Chunghwa Telecom $CHT (Taiwan's largest telecommunications group), stable communication over a distance of 3000km with 0.017sec delay was made possible.

Telecommunications is just one of many applications. The link with AI and quantum computers is also being intensively developed. The government is also supporting the project with appropriate regulatory support and subsidies.

The latest news can be followed on NTT's Research & Development website: https://group.ntt/en/rd/

To the NTT share:

The NTT share currently stands at a P/E RATIO 11so it will by no means trading at a premium with regard to IOWN. The core business is very stable (telecoms), which is why the risk is virtually non-existent. Even though IOWN is now a global project, NTT is still at the forefront of the project and holds the most important patents. most important patents APN technology and will therefore also be its biggest profiteer. IOWN technology is very complex and therefore very difficult to copy. There is also no real competition for NTT in this area. However, we will have to be patient a little longer before IOWN is rolled out on a large scale. Until
2030 further commercial applications are to be developed and projects in Japan are to be driven forward. From 2030 IOWN technology will then be rolled out globally. The global adaptation of IOWN technology would also involve high initial costs for setting up the new infrastructure, although this would be offset by the negligible energy requirements in the application. In addition, companies and countries that do not rely on IOWN due to its technological superiority would suffer a competitive disadvantage.

Conclusion:

NTT could trigger a new technological revolution with the IOWN initiative they are leading. The technological superiority over today's systems is impressive. The next 5-10 years will show whether the future will run on photonic networks. Even though IOWN has the potential to be a true revolution, NTT would already call it a mini-revolution. as an initiator and technology supplier. As the share is massively undervalued in view of the potential massively undervalued I consider the purchase to be a no-brainer. All we need to do now is be patient and follow current developments!

Not investment advice, of course 🥴

Do you think Germany will reach 50% fiber optics by the time the world switches to APN? 🤪

$6758 (-5,33%) Sony is a diversified company in consumer electronics, music and movie business, image sensors, another financial services division, etc.

But today it's all about consumer electronics, the Gaming & Network Services division accounts for 32% of sales. It's also about the Playstation games console.

The Playstation 5 sales figures total 66 million units (as of December 2024). 116 million users are registered in the Playstation Network and around 47 million users use the paid subscription (13% of revenue).

Today, however, we are talking about Playstation Studios. Gaming studios that only belong to Sony.

This means that the games are almost always only released on Playstation.

In the gaming industry, the name Playstation Studios stands for quality, at least in the PS4 era, but Sony is currently struggling with massive problems.

Money is being burned here, but really burned.

For information: AAA games cost an average of 300 million US dollars. According to a leak, Marvel's Spider-Man 2 cost 315 million.

According to the BBC, GTA 6 could cost up to two billion US dollars to develop.

In addition to the money, a lot of time is also invested, of course.

Guerilla Games, a talented studio from Amsterdam, needed the following for the game Horizon Forbidden West 2022: 300 developers, 5 years and 212 million US dollars.

By mid-April 2023, around 8.4 million units had been sold worldwide, so Sony can be satisfied, it's solid for a single platform.

Sony has disclosed the development costs of two major games as part of the court case regarding the Activision-Blizzard and Microsoft takeover, they don't actually disclose such production cost information.

Jim Ryan (pictured) succeeded Kodera as President and CEO of Sony Interactive Entertainment (Playstation) in April 2019.

In 2022, he declared that Sony wanted to launch 12 live-service titles by 2025.

What are live service games?

(Written by Ryktes on Reddit)

A live-service game is a game that has been developed with the sole purpose of keeping people playing for as long as possible, in the hope that those players will pay for microtransactions. The most common way that live services encourage engagement is by making the player feel like they're losing something if they don't return to the game regularly.

• Are there Take-Two Interactive $TTWO (-5,25%) shareholders?

In 2016, Rockstar achieved a turnover of half a billion US dollars with GTA Online.

• Electronic Arts $EA (-5,36%)

EA generates 73% of its estimated revenue (7.5 billion US dollars) from in-game purchases and subscriptions.

PS: Share price has just fallen by 9%, the company expects net revenue from live services to fall.

• Microsoft $MSFT (-1,71%)

The subsidiary King Games (Candy Crush Saga) has a turnover of 20 billion US dollars.

• Sony $6758 (-5,33%)

Bungie acquired for 3.6 billion US dollars, over 160 million US dollars in microtransaction revenue between 2017 and 2019.

Live service games can be a goldmine, but they don't have to be.

Sony, the second-largest gaming company after Tencent $TCEHY (-7,26%) was actually missing just that. Single-player games were their thing, with games like God of War, Ghost of Tsushima or Marvel's Spiderman, XBOX was finally left behind because Microsoft overslept an entire generation.

But single-player games only bring in money with purchases, after that it stops.

But now Jim wanted to get a slice of the pie and produce a real cash cow. A huge cash cow meadow was to be created out of nothing.

Let's see what happened to these plans. Jim has since resigned, leaving his successor with a billion-dollar grave.

Two games were released during this time.

• Helldivers 2 sold over 12 million copies on Playstation 5 and PC by 05.05.2024. A real hit.
• Concord 25,000 units sold after two weeks! 25k The studio was even acquired during production. According to the sources quoted by Sacred Symbols, the production of Concord cost as much as 400 million US dollars. The studio is defending itself against these sources, but insiders are now piling on and confirming this. Sony closed the studio after two weeks... Firewalk Studio worked on the game for a total of 8 years, Sony was involved from the very beginning.

As of 01/23/2025, Sony has canceled 7 of 12 live service games.

Sony's management has wasted half the generation pursuing live-service games, only to cut almost all of them.

Bluepoint Games as an example, a developer of the Demon Souls remake.

This studio specialized in single-player and did damn well with it, gamers and press were always satisfied.

Now this studio has been given the task of developing a game with live service game elements. Bluepoint Games has no idea how this works, but thinks Okay Okay Okay if that's what the boss wants, we'll do it.

Video games are not always video games. Single-player and L-S-G are as different as apples and oranges.

Imagine Elon Musk now wants to produce cars with fuel, 12 models at once. Something like that can work, but it doesn't have to.

I didn't think it was a bad idea to produce live service games on the side.

But there were just too many.

I don't know how much the loss is, but if I had to bet, 2.1 billion US dollars.

With a net profit of 6.7 billion US dollars (2024), Sony can handle that.

However, important games will now be missing, Sony is lucky that Microsoft is no longer interested in selling consoles.

In conclusion, I have to say that it was the right move to pull the plug early on. Otherwise Sony would be burning more money.

Sources:

Gamespot:

https://www.gamespot.com/gallery/sonys-live-service-game-status-report-canceled-released-shut-down/2900-6143/#1

ScreenRant:

https://screenrant.com/sony-cancels-live-service-games-god-of-war/

Wikipedia:

https://en.wikipedia.org/wiki/Sony

Play3:

https://www.play3.de/2024/11/08/ps5-absatzzahl-aktive-psn-nutzer-spieleverkaeufe-sony-veroeffentlicht-umfangreiche-statistiken/

Play3:

https://www.play3.de/2023/10/02/playstation-live-service-fokus-war-fuer-die-studios-eine-unangenehme-umstellung/

Jason Schreier, US American journalist

Bloomberg News, news agency

From 18-year-old wannabe investment banker to successful private asset manager: my (bumpy) path to €300,000 in a custody account

Part 1 of X (let's see how many there will be): The new Gordon Gekko? Between Chinese small-cap recommendations from stock market letters and "AT&T is better than Amazon" (2010 - 2016)

(Part 2: https://app.getquin.com/de/activity/LUkWiLtZKX)

Previous story:

Inspired by @DonkeyInvestor I would now like to share my story and continue it if there is interest. Thanks for the cool idea!

My investment journey began about 2-3 years before my first securities purchase in 2013. While the financial crisis (2007-2009) only interested me marginally as a ~15-year-old, the emerging euro crisis from 2010 onwards aroused a much greater interest in the economy, sovereign debt and co. As part of some school work, I dealt with the debt crisis in Greece, among other things.

Through films like Wall Street or Margin Call - The Great Crash slowly sparked my interest in the stock market. With my first smartphone in 2012, I was able to secretly check share prices during lessons - which often led to the teacher confiscating it 😂 I primarily followed the prices of "cool" shares such as Daimler, Hugo Boss and Sony.

I grew a desire to become an investment banker myself and emigrate to Wall Street in New York (spoiler: neither happened 😉).

The first purchases:

My first purchases were made under contradictory circumstances. I was firmly convinced that a major crash was imminent (government debt, interest rate policy, ...) and was very convinced by well-known crash prophets such as Dirk Müller.

Nevertheless, I wanted to play along and bought my first shares.

In 2013, I started my dual business studies at a global bank. When I started my studies, I finally made my first securities purchases. On the one hand, my capital-forming benefits went into the DWS Top Dividende, and on the other, I set up an ETF savings plan on the DAX. In 2014, I added further shares such as AT&T $T (-5,69%) Verizon $VZ (-4,68%) Shell $SHEL (-6,91%) and Sony $6758 (-5,33%) were added. While Sony was a great investment, I unfortunately sold the stock far too early. My purchase price was around €12 and I sold at around €18. If I hadn't sold Sony, it would have been a tenbagger at times.

My main investment criteria at the time were

- Low P/E ratio

- High dividend yield

- And/or "cool" company

So in 2014 I had to choose between Amazon $AMZN (-1,95%) ("cool, but no dividend & much too high P/E ratio") and AT&T ("high dividend, low P/E ratio"). And, of course, the decision sucked with today's knowledge.

Another company was Macy's $M (+0,31%) . When I was in New York and visited the largest shopping center in the world, I was sure I had to have this stock.

The only two stocks I still have in my portfolio from my early years are Procter & Gamble $PG (-3,31%) (bought in 2015) and Unilever $ULVR (-3,31%) (bought in 2016).

In 2016, I had a total of 14 individual shares in my portfolio, 12 of which were sold in the following years and will probably never end up in my portfolio again.

The first lesson:

After I realized professionally that the path to investment banking and New York was probably not the right one after all (40 hours of work is really exhausting, I don't need 80 or more in investment banking), I slowly realized that I wasn't the next Gordon Gekko or Warren Buffett either.

It was too boring for me to just invest in shares - after all, I wanted to get rich quick and drive a Porsche! So from 2014, I also started investing in other things (no, unfortunately not crypto).

I tried my hand at various certificates, reverse convertibles and the like, all with little success. The biggest learning I had was with an absolutely hot tip from the internet. It was a classic pump and dump game from a stock market letter. Someone had stocked up on shares in a Chinese small cap (Tianbao Holdings) and then called on everyone to buy: "Share with the chance of a 10,000% return - forget Apple and co." It was advertised like this or something similar at the time.

I took my entire monthly salary (around €800) and thought to myself: get in! It didn't matter what the company was doing or why the opportunity should be so great! At first things went up and I was quickly up 20%. Then it went downhill - the initial investor had probably made his return and withdrawn the money. The stock exchanges quickly realized this and stopped trading. I tried to sell the shares on various stock exchanges and was able to get rid of them in Berlin, Bremen or somewhere else - with a loss of 50%. Two weeks of work for nothing. Although it was "only" a loss of €400, it really annoyed me. Not just the loss, but that I fell for something like that.

In hindsight, the €400 was extremely well invested and helped me a lot in my future investment career.

Asset development & return:

How did the first 3-4 years on the stock market go and how did my assets develop?

Year Deposit value Return

2013 2.000€ -12%

2014 8.600€ -1%

2015 17.000€ +4%

2016 35.000€ +14%

All in all, these were lost years for me in terms of returns. You can also see this from the green line, which was mostly in negative territory.

The stock markets did very well, and yet I mostly only saw losses or very low returns.

Conclusion & outlook:

So in 2016 it was clear to me: no investment banking, no New York, I'm not the new Warren Buffett and I'm not going to get rich overnight.

In the following 3 years from 2016 to 2019, I built on my initial experiences and slowly developed into a better investor. Nevertheless, more big mistakes followed (Bitcoin, Wirecard, ...).

#strategy
#personalstrategy
#etfs

Innovations in the trial custody account/children's custody account/savings plan custody account or whatever $AMUN (-5,92%) flies out. Not necessarily because of the figures. I actually thought they were quite good, but what they did with my beloved World ETF was enough for me.

Still considering $MSCI (-5,3%) or $BLK but haven't had time to take a closer look yet.

Nevertheless, there will be 4 new additions next month.

$6758 (-5,33%)

$FUL (-2,24%)

$MKC (-3,64%)

$V (-5,71%)

Week in review 28.09.

New all-time highs for DAX, Dow Jones, S&P 500, Gold, GE Vernova, Meta, Netflix, SAP, Vistra Corp, Walmart 👑🥇 $LYY7 (-5,27%)
$CSPX (-4,59%)
$ABX (-7,57%)
$GEV (-9,67%)
$META (-3,47%)
$NFLX (-5,28%)
$SAP (-4,24%)
$VST (-11,07%)
$WMT (-3,65%)

New 52-week highs for 3M, Air Products, Alibaba, Arista Networks, Barrick Gold, Bank of Nova Scotia, BlackRock, Caterpillar, Constellation Energy, DuPont, HSBC, Infosys, Live Nation, McDonald's, Palantir, PayPal, Public Storage, Royal Bank of Canada, Royal Caribbean, Sea Ltd, Spotify, Tangier 💵📈 $PLTR (-10,58%)
$9988 (-11,84%)
$BABA (-11,42%)
$BLK
$CAT (-4,71%)
$BNS (-2,73%)
$STZ (-2,28%)
$DD (-10,92%)
$HSBA (-7,48%)
$HSBC (-7,16%)
$INFY
$LYV (-3,28%)
$MCD (-3,89%)$PUB
$PUB
$RCL (-4,65%)
$SEA (-0%)
$SKT (-1,64%)

Bitcoin with new 1-month high, +22% in three weeks since the low on 07.09. from 52k$ to 66k$, +150% in 12 months📉📈 $BTC (+2,58%)

PayPal's own stablecoin PYUSD (crypto) is growing strongly and is now one of the top 100 cryptos by market capitalization at 95th place 💰 $PYPL (-3,48%)

Palantir with inclusion in the S&P 500 on Monday #PLTRgang 🤜🤛👊✊ $PLTR (-10,58%)

Uber is working with Google's Waymo (Alphabet) and wants to offer robotaxis for a surcharge 🚗🤖 $UBER (-6,32%)
$GOOGL (-1,28%)
$GOOG (-1,17%)

After the ECB and FED, China has also turned on the money printer *brrr brrr*, plus a big economic stimulus program, China stocks therefore have their best week in 10 years, car and luxury stocks with Chinese business are therefore rising 🖨🇨🇳 $MC (-3,9%)
$P911 (-4,22%)
$BMW (-4,44%)
$MBG (-5,13%)

AMD CEO and Nvidia CEO confirm continued high demand for AI chips 🧠🤖, Nvidia CEO does not want to sell any more of his own shares for the time being. $AMD (-6,47%)
$NVDA (-6,92%)

Upcoming Playstation 6 with AMD chip again, but AMD will leave the high-end graphics card market for PC gamers and try to scale more strongly in the mid and lower segments. Nvidia would then have a monopoly 🎮 $SONY (-5,84%)
$6758 (-5,33%)

Super Micro suspected of accounting fraud. US justice is apparently already investigating according to an insider, -62% share price in three months 🔍👮 $SMCI

AI needs a lot of electricity and nuclear power plants are being reactivated in the USA. In Germany, it's the other way around due to the world's stupidest energy policy. US electricity provider shares, uranium mines - shares and ETFs are rising. ⚛️⚡️ (see podcast episode 57 "Buy High. Sell Low." pinned to my profile at the top) $URNM
$URA (-7,19%)
$UEC (-6,55%)

Micron with good quarterly figures and +13% share price, semiconductor stocks rally 💻📈 $MU (-12,28%)

Costco - quarterly figures mixed, EPS exceeds estimates but sales worse than expected, share price falls slightly 🛒 $COST (-3,72%)

McDonald's increases quarterly dividend by 6% to 1.77$. Since the first dividend payment in 1976, the payout has been increased 48 years in a row. 🍟🍔 $MCD (-3,89%)

Investigation initiated against Visa 💳 and SAP 💻 in the USA for illegal price fixing $V (-5,71%)
$SAP (-4,24%)

Oil price falls again, Shell & Co. on the way to 1-year low 🛢⛽️ $SHEL (-6,91%)
$GB00B03MM408
$RDS.A

Meta releases VR glasses Quest 3s for €330 from 15.10.24 📱👓

Intel launches AI accelerator "Gaudi 3" as an alternative to Nvidia's H100. IBM, Google & Dell as first customers. 🧠 $INTC (-10,24%)

US debt level climbs above 35 trillion dollars for the first time 🖨💵

Ubisoft share price collapses due to postponement of "Assassin's Creed: Shadows", -70% 1-year performance 🎮📉 $UBI (-7,64%)

DHL raises outlook / growth forecast until 2030 and increases letter postage by 10.5% in Germany from 2025 📦✉️📯 $DHL (-5,99%)

BASF struggles with high energy prices and weak demand, threat of plant closure and dividend cut 🇩🇪📉 $BAS (-4,54%)

Adidas (+28%) significantly better than Nike (-18%) since the beginning of the year ⚽️🏀👟 $ADS (-0,47%)
$NKE (+4,71%)

Takeover poker at Commerzbank by Ital. Unicredit continues 🏦🇮🇹🇩🇪 $CBK (-5,73%)
$UCG (-10,36%)

Jefferies issued a buy recommendation for BioNTech and sees the antibody BNT327 against cancer as a potential massive sales driver. 👨‍⚕️⚕️💊 $DE000A0V9BC4

Mutares -14% because shortseller Gotham City raises serious allegations against the SDAX member: Ponzi scheme, false accounting and circular business model 🔍👮 $MUX (-8,27%)

>> If you want to read a review like this every week, leave a like & subscribe. What important news have I forgotten? 👍❤️

$6758 (-5,33%) Have you suddenly seen a 400% rise in the share price at Trade Republic?

🐺 CD Projekt: Of sorcerers and cyberpunks - the masters of digital worlds 🏙️ Part 1:https://getqu.in/dYjIcI/

Current $CDR (-1,25%) Projekt has the second-best shareholder yield among providers, even if this is quite small.

CD Projekt's payout ratio is relatively low and therefore still has plenty of room to increase.

The dividend is around USD 0.30 per share

CD Projekt's return on invested capital (ROIC) is twice as high as that of most of its competitors and, at more than 10 %, also exceeds the important threshold.

CD Projekt's return on equity (ROE) is also above 10 % and is the best in the industry.

The situation is similar for return on capital employed (ROCE), which is also above 10 % and is the best indicator in the industry.

Conclusion

With CD Projekt, you are not only supporting some of the best games in the world, but also a first-class European games producer. The capital structure and valuation speak for themselves, and the share is one of the best valued in comparison. Although there have been mistakes in the past, the company has learned from these experiences and is now firmly back in contact with the community. Irrespective of this, it is still well managed.

Although CD Projekt has few but strong IPs, game development looks promising. If you want to invest in the industry, there are really only four options, three of which are not pure game producers ($MSFT (-1,71%) , $7974 (-4,86%) and $6758 (-5,33%) ). If you are looking for a pure gaming provider, CD Projekt is clearly the first choice and shows the greatest potential. As a fan of games, I am all the more pleased that I can invest in a company without having to rely solely on my emotions, and I am therefore happy to buy again when the price reaches 30- 36 euros.