$TEAM (-3,09%)

When I come across particularly good or dominant products in everyday life, I immediately ask myself who owns this company and whether it is listed on the stock exchange. For example, some time ago I became a Cloudflare shareholder and also came across Atlassian.

Atlassian offers software that supports teams in collaboration, project management and software development. Jira can be used to manage tasks and projects, Confluence serves as a central platform for documentation and collaboration, Bitbucket enables the management of Git repositories, and Trello supports flexible project management through visual boards.

The next step

Most people who work in a digital environment will be familiar with Confluence & Co.

The next step is to take a look at the business figures. After all, you don't buy AktienAfter all, you don't buy blindly just because you know the name or use a company's product.

However, Atlassian's track record is clear. Over the past ten years, the company has massively increased its turnover from USD 320 million to USD 4.36 billion.

During this time, free cash flow improved from USD 0.31 to USD 5.46 per share.

Profitability has therefore increased. The dilution of the share base is limited and there is no net debt, which means that growth was not financed on credit.

I have therefore already commented on the share several times, most recently at USD 193 and before that at USD 126. The last analysis is still online:

Atlassian auf Tauchgang: Aussitzen, Reißleine ziehen oder jetzt zuschlagen?

The positive trend has continued in the current financial year. This should have been clear since the publication of the figures for the second quarter at the latest. Atlassian's financial year runs until the end of July.

Another very strong quarter

At USD 0.96 per share, Q2 earnings were well above expectations of USD 0.74. With sales of USD 1.29 billion, the company also exceeded analysts' estimates of USD 1.24 billion.

For the year as a whole, this corresponds to a 21% increase in sales and a 31% jump in profits.

Free cash flow amounted to USD 352 million and the FCF margin was 27%.

In addition, the forecast for sales growth was raised from 16.5 - 17.0 % to 18.5 - 19.0 %.

The gross margin is expected to rise to 84.0 - 84.5% instead of 83.5% and the operating margin from 24% to 26% for the year as a whole.

It is understandable that this news has led to a jump in the share price. From a fundamental point of view, however, the air is slowly getting thin.

With a P/FCF of over 50, the share is no longer the bargain it was at USD 126 or 195 at the time of the last analyses. Everything that is still coming to the upside is a "bonus" and is mainly due to traders who are now buying the stock en masse. Aktie kaufen, after the price has already tripled.

Atlassian Aktie: Chart vom 03.02.2025, Kurs: 302,00 USD – Kürzel: TEAM | Quelle: TWS

Kurzfristig wird sich das Kursgeschehen an den folgenden beiden Marken entscheiden. Gelingt ein nachhaltiger Ausbruch über 307 USD, kommt es zu einem prozyklischen Kaufsignal with possible price targets of USD 325 and 350.

However, if the share price falls below USD 300, a correction must be expected. Possible starting points are USD 280 and USD 240 - 250.

Increased buying interest can be expected between USD 240 and USD 250.

https://www.lynxbroker.de/boerse/boerse-kurse/aktien/atlassian-aktie/atlassian-analyse/?a=3355991664&utm_medium=email&utm_source=newsletter&utm_campaign=newsletter-boersenblick&newsletter=true&mc-rss-cache-bypass=2025020407&goal=0_d93daae099-5ba2dd7cc6-410756260#kursrakete-atlassian-noch-ein-kauf-oder-ist-die-luft-raus

Our fingers were tingling this week and we ended up doing a lot of shopping, but also a lot of selling.

Among other things we bought $TEAM (-3,09%) ; $ACN (-5%) ; $ADYEN (-0,84%) but also the one or other title that doesn't start with "a" ;-)

Sold were among others: $AAUKF ; Short on the S&P 500; $ZIM (+0,89%) ...

Have you been as active and if so, what were your buys and sells?

Depot review August 2023 - The rainy summer 2023 is coming to an end, in the depot as well as in nature everything green. Will a red September follow?

The August 2023 was like the summer in general a rather mixed affair.

The portfolio stood in between at almost -5%, to then close at the end virtually unchanged

In August, my portfolio closed with -0,3% virtually unchanged. In contrast to August 2022 with -2.4% but a better development.

In the current year, my performance is currently +17,4% and thus still above my benchmark (MSCI World +14.8%).

In August, NVIDIA again $NVDA performed extremely strong with +7% / + 800€. In percentage terms, however, some stocks performed even stronger in August, right at the top with +18% each Novo Nordisk $NOVO B and Atlassian $TEAM (-3,09%)

On the losing side, there were a few classics in August with, among others. $SE (-2,53%) and Block $SQ (-12,06%) - But both rather smaller positions. In addition, the uncertainties around China have also weighed on my China ETF $MCHS (+2,18%) burdened with about 500€ price losses.

In total, there are almost 700€ price losses in August.

1,200€ were invested by me net, which results in a small absolute increase of just over 600€.

In total, my portfolio still stands at ~226.000€. This corresponds to an absolute increase of ~48.000€. in the current year 2023. ~31.000€ come from price increases, ~1.600€ from dividends / interest and ~15.000€ from additional investments.

Thus, there is still a shortfall of ~€6,000 in price gains to make up for the ~€38,000 in price losses from 2022.

Dividend:

• The dividend comparison to the previous year is slightly more difficult this month, as Unilever distributed in August instead of September as usual and my Japan ETF will distribute in September instead of August.
• Therefore the dividend is +56% above the previous year. Without the Unilever dividend, it would be about +19% and +40%, respectively, if my Japan ETF had paid out in August as before
• In the current year, dividends are up +22% after 6 months over the first 8 months of 2022 at ~€1,500

Purchases & Sales:

• Bought in May for ~3.500€
• Executed mainly my savings plans:
• Blue ChipsTSMC $TSM (-0,58%) S&P Global $SPGI (-0,29%) Procter & Gable $PG (+2,23%) Johnson & Johnson $JNJ (+2,12%) Hershey $HSY (+4,29%) Caterpillar $CAT (-2,26%) Amgen $AMGN (+3,04%) Alphabet $GOOG (-2,32%) and Alimentation Couche-Tard $ATD (-1,07%)
  
• GrowthPalo Alto Networks $PANW (-3,05%) and Bechtle $BC8 (-0,42%)
  
• ETFs: MSCI World $XDWD Nikkei 225 $XDJP and the Invesco MSCI China All-Shares $MCHS
• Crypto: Bitcoin $BTC and Ethereum $ETH
• Sales occurred in August with the iShares Healthcare Innovation
• $2B78 only one. Here I have more confidence in the individual stocks I have selected. This means that the only sector ETF has now also been removed from my portfolio.

September is now the worst of all stock market months and also the only one with a long-term average negative performance.

In the appendix you will find an analysis of the S&P 500 development from 1928 to 2022. While the months July, December, January and April belong to the best, the S&P 500 loses ~1% in September on a long term average..

Various studies have already looked into this, but have not found any real reasons for this underperformance.

So at least statistically nothing stands in the way of a slight correction in September - Also in my portfolio all 3 September since 2020 were negative, so let's see what this September will bring.

What do you expect for September?

#dividends
#dividende
#rückblick
#depotupdate
#aktie
#stocks
#etfs
#crypto
#personalstrategy

Year in review & outlook 2022: Was it good? Was it bad? Or somehow a little bit of everything?

The year 2022 is my 9th year in the stock market and it was definitely not an easy year. Between inflation, war, tech crash and energy shortages, I had to maneuver my portfolio.

And yes, in the process, I met my goal (200k by the end of the year) this year not reached.

Depending on how the remaining days go, I will be missing something between 10 & 20k.

So we start with the bad news:

• Target 200k not reached
• Annual performance is at approx. -15%
• My performance was always rather above the market in the last years, this year I could not not keep up with the market
• Among other things, this was of course due to a high proportion of tech (both big and small tech).
• In addition, in 2021, I was caught by Crypto spoiled (especially by the Crypto.com Coin), here unfortunately many book profits have dissolved again
• The bottom line is that for 2022 after many years once again a stock market year with losses at the end

-> My worst investments in 2022 were:

• Match
  $MTCH (-2,85%) Tinder, unfortunately, burned up more like a hot coal this year -> -62%
• Meta Platforms $META (-1,11%) Probably doesn't need much to say about it -> -59%
• Ethereum $ETH (+4,54%) Overall, I'm still at a doubling though -> -54%
• Shopify $SHOP (-5,86%) -> -54%
• Atlassian
  $TEAM (-3,09%) -> -49%

It feels like the bad news outweighs the bad news after a year like 2022.

However, if you take a closer look, you can easily refute that. Therefore, here is my (significantly longer list) of good news:

• First, the most important: Corona is over! Yes, Lauterbach sees it differently for sure, but for me in my life it doesn't matter anymore. Whether vacation, going out to eat or to the movies. I feel free again.
• This year I bought a condominium as an investment. I was still able to secure the financing at a super favorable interest rate of just over 1%. Here I expect another boost for my personal finances
• At work I have an important promotion received
• In total I could invest this year invest over 30,000 euros this year
• My dividends could almost break the 2,000 euros this yearthat is a jump of almost +60% compared to 2021
• In addition, there were also many other, private highlight this year

-> My best invests in 2022 were:

• Lockheed Martin
  $LMT (+2,16%) For sure due to sad circumstances, nevertheless this year my best invest -> +49%
• Amgen $AMGN (+3,04%) Health was the driver in my portfolio this year -> +29%
• Encavis $ECV (-0,29%) Profits as a renewable energy producer massively from the current upheavals -> +18%
• Pepsi $PEP (+3,26%) Safety was trump this year, that's why even a boring like Pepsi can be found here -> +17%
• Johnson & Johnson $JNJ (+2,12%) And another boring one from the health care sector -> +13%

Outlook 2023:

So what's next for the new year?

• As soon as the condominium is ready for occupancy, I hope for reliable rental income and thereby a 3rd source of income besides my salary and dividends.
• The 200.000 Euro in the first quarter of 2023.
• By the end of 2023, the quarter of a million is the (ambitious) target. For this purpose, I consider my total (net) assets including the condominium minus debts.
• To reach the goal, a positive stock market development is important in any case. For this I assume an positive stock market year and an average return of 6-7%. on the stock market.
• My pure capital assets I would like to increase in the next year to approx. 220,000 Euro (cash, securities, crypto, BAV,...)

I will not change too much in my portfolio in the coming year. With $META (-1,11%) and Atlassian $TEAM 2 tech stocks will leave my savings plans, but will continue to be held in the portfolio.

Probably the positions of Deere $DE (-2,08%) and Eli Lilly $LLY (+0,32%) will be taken over.

BASF $BAS (+1,69%) and Teladoc $TDOC (-8,8%) are still on the sell list. However, these are small positions, so I'm waiting for better prices here (especially with BASF, Teladoc is only a few hundred euros, I'll just leave that).

Gladly year-end feedback on my portfolio. What would you change in my portfolio in 2023? And what do you change in your portfolio?

And the most important thing at the end: Sooner or later the portfolio will run again. I'm already looking forward to the next year with a +25%, whenever that will be then ;)

#jahresrückblick
#depot
#inflation
#immobilien
#aktien
#feedback

Sorry, I just couldn't resist and did it again 😅. The devaluation due to the bad numbers of $TEAM (-3,09%) and $TWLO (-2,53%) have made the course extremely palatable.

I take the opportunity directly times to set my real portfolio again. The $DONKEY (-1,97%) post ( https://app.getquin.com/activity/FqlHLQAOtM ) was of course fake. Wanted to see if someone actually buys it from me - especially with the far-fetched reason 😁. There were probably actually a few users who thought that was real 😱. You could have easily noticed that. Only just under 2,000,000 euros in an All In Depot? Ridiculous, I'm not a poor cash cow! @Barsten next round is on me 😁

Guys, don't believe everything you read on the internet just because some jackass posts it. And @Kundenservice for this high performer I still need an appropriate logo 🚀