Bought some more today. Position is now full. Looking forward to the dividend in 2025ff :)

The idea of further diversifying my portfolio had solidified somewhat in recent weeks. $IREN (+4,09%) I left it at my self-imposed partial sell target of EUR 55 and started to build up the first positions on Friday. I am sticking to my target of investing around EUR 5k in each position. $IREN (+4,09%) remains in the portfolio with 500 shares and will (probably) not be touched in the near future. $DEFI (-0,52%) Now also full with 5,500 shares.

19k liquidity left and will still be invested in top-ups + new shares.

Individual shares are now:

$IREN (+4,09%)

$RACE (+0,12%)

$DSFIR (+0,24%) possibly increase

$MUM (+0,23%) possibly increase

$IOS (+0%)

$KSPI (+0,31%)

$FI (+0,45%)

$FSLR (+0,22%) Increase if necessary

$PYPL (+0,43%)

$CELH

$DEFI (-0,52%)

$UBER (+0,33%)

$NICE Increase if necessary

$ALCRB (+0,94%)

$INPST (+0,32%)

$6367 (+1,2%)

Does anyone else have an idea for a share, possibly also from the German-speaking region? The Asian region would also be very interesting, although I am looking a little at $1810 (-1,8%) look at.

vg and have a nice WE

Micha

After September also provided a decent return, I'm hoping for 150k at the end of the year. I have also recently started betting on a boost of $DEFI (-0,52%) . $KSPI (+0,31%) is out for me with +20% after a good run.

A bit of "stability" is provided by $DSFIR (+0,24%) and $MUM (+0,23%) although I hope to have bought them at a relatively low level. We will see...

Otherwise, onwards:

$DEFI (-0,52%)

$IREN (+4,09%)

$CELH

$PYPL (+0,43%)

$FSLR (+0,22%)

good investment to all!

Hi everyone, can someone answer what this is? Do you mean the man and machine.div.cash at TR? $MUM (+0,23%)

The EBIT margin increased significantly from 16.7% to 24.4%, which is primarily due to the successful conversion of the Autodesk business model. Sales amounted to EUR 66.02 million (previous year: EUR 100.87 million), whereby the decline was expected due to the new commission rule in the Autodesk business. Gross profit fell only slightly by 1.5% to EUR 49.44 million, while net profit reached EUR 10.39 million, the second-best figure of all time

Outlook and targets: The ambitious targets for 2025/26 were confirmed: For 2025, M+M expects gross profit to grow by 5-7% and EBIT and EPS to increase by 9-19%. For 2026, a further acceleration with 8-12% gross profit growth and 13-25% EBIT/EPS growth is forecast. The dividend is expected to rise to 205-215 cents in 2025, with a further increase planned for 2026

Strategic development: The internal investments in new IT systems and the external conversion of the business model are having an impact. The company continues to focus on organic growth and strict cost management, which is reflected in its high profitability

Conclusion: M+M has started the year with a very strong quarter, confirming its ambitious targets and benefiting sustainably from the recent changes to its business model. There are currently no negative surprises, but rather a continuation of the success story

$MUM (+0,23%)
https://www.mum.de/investor-relations/investor-relations-deutsch/unternehmensmeldungen/2025-04-23

My goal is to beat the market, I'm still relatively young and want to see if I can do it, if not I'll put everything in an etf in 5 years.

Regarding my portfolio, I currently have a cash ratio of 23-25% depending on the fluctuations in the last month.

Purchases of existing stocks:

I plan to increase the financial stocks by 50%, $CG (+0,36%)
$KKR (+1,25%)
$APO (+0,42%)
$TPG (+0,21%) .

In addition, a little $DMP (-0,38%) by 25%.

Sales:

I made the mistake of wanting to $EVO (-0,45%) and $CPRX (+0,34%) trade, but then I was too greedy.

I am convinced of both positions in the long term but not in this size in the portfolio, which is why I will reduce both stocks by 33%.

Potential purchases:

$HALO (+0,23%)
$CUV (+3,24%) - Will invest a little extra, otherwise just the 33% from sale of $CPRX. Both around 50 - 50

$SL (+0,07%) - the same as $TISG (+0,26%)

$KSPI (+0,31%) - about as high as $MUM (+0,23%)

$FIH.U (+0,33%) - about as high as $MUM (+0,23%)

$2GB (+0,23%) - about as high as $MUM (+0,23%)

$M12 (-0,14%) - about as high as $MUM (+0,23%)

$CPR (+0,27%)
$DGE (+0,24%)
$RI (+0,27%) - I'll wait and see, but I can imagine that they will develop in a similar way to the tobacco shares. Since I don't want to decide, I'll just buy three for the sum of one. And divide the amount between these 3.

In general:

I'm generally a fan of putting together baskets like with alcohol or the yacht builders.

What would you change because you see a high risk? I am relatively poorly positioned in the tech sector, do you have any other titles that I could take a closer look at in this area?

You like to hear that:

Dividend 185 cents/+12%- 75 cents without tax deduction

- Medium-term target: doubling profits in 4-5 years.

The share has even fallen. Maybe there will be another buy. $MUM (+0,23%)

Hello everyone,

My current portfolio was completely reorganized after the takeover of $COP (+0%) at the end/beginning of the year. I have reinvested almost all of the liquidity freed up as a result in small-mid caps. I also see further potential here in the coming years due to more flexible adaptability (with regard to the USA) and financing costs. At the beginning of the year $SESG (-0,31%)
$NA9 (+0,45%)
$TNIE (+0,06%)
$KTN (+0,04%)
$ALCRB (+0,94%)
$DSFIR (+0,24%) made it into my portfolio. Today, I swapped the pipe burner $P911 (+0,38%) in $MUM (+0,23%) . My next idea would be $SIX2 (-0,29%) I would like to hear what else you have on your watchlist in this segment.

Greetings

Micha

Hello everyone, with Donald Trump and Elon Musk in office, I'm expecting volatile times ahead. I have therefore carried out a check on my portfolio to determine how solid my foundation (core) still is.

The following criteria were used for the check

Quality check

The quality check examines shares for the quality of the business model and the stability of the balance sheet

Enduring qualities

The long-term indicator checks whether share prices are rising steadily.

Outperformer check

Every investor is confronted with the question of whether to invest money passively in ETFs or in individual shares. A share should rise by more than 10% per year for an investment to be worthwhile.

KUV monster

When companies are hyped and everyone knows about the quality of a company, the return potential is usually low. The top 5% of the most highly valued shares according to the KUV criterion are problematic.

The following companies from my portfolio turned out to be

buy and leave.

Alphabet $GOOG (+0,4%) Modine Manuf. $MOD (+0,44%) Chipotle $CMG (+0,23%)

Microsoft $MSFT (+0,28%) Copart $CPRT (-0,54%) Vertex $VRTX (+1,06%)

Constellation Software $CSU (+0,11%) Man and machine $MUM (+0,23%)

Corcept Therap. $CORT (+0,3%) Tetra Tech $TTI (+1,09%) TransDigm Group $TDG (+0,34%)

IES Holding $IESC (+0,31%) ASML $ASML (+0,7%)

Interview with Clemens Fuest - Germany on the brink? Ifo President finds: "Elon Musk is talking nonsense"

The German economy is stagnating and economic output is not rising above the 2019 level. That is the bitter outcome of a lost half-decade, as Clemens Fuest, President of the Ifo Institute, makes clear in an interview with the FAZ.

"We have real problems," says Fuest, adding that it is not just external circumstances that are weighing on Germany's economy, but also home-grown problems. In this tense economic environment, Fuest voices fierce criticism of Elon Muskthe CEO of Tesla. Musk, known for his sometimes controversial statements and visions, hatte zuletzt Vorschläge gemacht which Fuest describes as "gross nonsense". These proposals relate in particular to Musk's ideas on the industry of the future.

"Germany is not on the brink"

Musk has repeatedly emphasized that Germany must fundamentally change its industrial policy in order to remain competitive. Fuest replied: "Germany is not on the brink, wie er behauptet . Our country is stuck in stagnation, that's something completely different."

Fuest emphasizes in the interview that German economic policy should aim to further promote its strengths. "Depending on the count, there are between 1,000 and 1,500 companies in Germany that are world market leaders in a niche. No other country has this in this form. And that leads to the export strength that continues to characterize Germany."

The Ifo Director calls for political decision-makers in Germany and Europe to rethink and adapt their strategies. "The approach of relying heavily on subsidies to transform the economy" was wrong, he emphasizes. The "traffic light coalition has also failed to find an answer to the decline in investment in companies and housing construction".

"Depending on the count, there are between 1,000 and 1,500 companies in Germany that are world market leaders in a niche. No other country has this in this form. And that leads to the export strength that continues to characterize Germany."

My dears, which world market leaders can you think of here? And which German niche companies are you counting on?

$SIE (+0,04%)
$MUM (+0,23%)
$SAP (+0,5%)
$AIXA (+0,46%)
$ADS (+0,34%)
$RR. (+0%)
$FRE (+0,09%)

Interview mit Clemens Fuest - Deutschland am Abgrund? Ifo-Präsident findet: „Elon Musk redet groben Unfug“