Dear Community,

I have a 300k securities account with 50% shares, divided between $AAPL (+0,26%)
$ALV (-0,14%)
$AMZN (-2,39%)
$NOVO B (+5,32%) and some $VOW (-0,15%) the other 50% in ETFs, split between $CSPX (-1,14%)
$EXUS (-0,61%)
$NADQ (-1,51%) and something $DE000LS9U6W1 (-2,83%) ...

A strong US (tech) focus is desirable. Not because I believe that the USA does a lot of things right, but shareholder & shareholder value primarily have an influence on entrepreneurship in the USA, ok and the Mag7++ have a top position in other ETFs anyway.

I use the MSCI EX USA to shift the focus away from/to the USA as required.

I have built up this status quo over the last 2 years, after having a lot of individual stocks in the years before and following the "greed eats brains" strategy with some losses (see other post).

Now I would like to read your opinion or collect a few points of view, knowing that there is not THE right one. In the near future I will receive an inheritance of around 400,000 euros. Now I am torn. No, I don't really know what to do. My reflex was "keep going and split up if you're happy with the above strategy/allocation", but perhaps more asset classes could be included with this sum .... and/or more focus on crypto, or more diversification or or or or .... Or everything on GTAA , @Epi :-D hehe - What do you think?

PS: I am 58, IT manager, EFH paid for, 2 children, studies feddich. Controlled build-up with withdrawal plan start in about 5 years. Shift from 50% individual stocks to 75% ETF planned in 2025.

The discussion about the dividend at Volkswagen $VOW (-0,15%) is becoming more heated. During the current labor disputes, employees are demanding that shareholders, such as major shareholder Wolfgang Porsche, also bear part of the burden. An agreement is now emerging that will mean less dividends for shareholders - but only a small step.

Interestingly, the board members are also waiving part of their salaries in order to take the pressure off the employees. These measures are part of a larger negotiation process that focuses on both the financial stability of the company and employee satisfaction.

How do you feel about these compromises? Is it fair that shareholders and board members also have to make sacrifices in difficult times? 🤔

Hi folks,

I have just $VOW (-0,15%) , $MBG (-1,31%) and $BMW (-0,12%) regarding cash flow here on getquin. I noticed that they are in the red. Last year they were still in the black, all several billion euros. What does that mean?

Donald Trump has made the headlines again! 🚗💰 At a press conference, he announced that he plans to impose tariffs of 25 percent on imported cars. The exact details are to follow in April, but the direction is clear: more costs for imported vehicles!

This could be an exciting turnaround for the automotive industry. Anyone who thinks that the tariffs are only aimed at European cars could be in for a surprise. Trump has hinted that other regions could also be affected. And that would not only be a shock for manufacturers, but also for consumers.

The new tariffs could fuel inflation again and stock markets often react sensitively to such news. How do you think this will affect $TSLA (-4,32%) , $VOW (-0,15%) or $BMW (-0,12%) impact? 🤔

The US currently has a 2.5% tariff on car imports from the EU - a big difference compared to the EU's 10% tariff on US imports. Is this the start of a new trade crisis or a necessary step for the US economy? Let's discuss it!

$VOW (-0,15%)

Volkswagen is planning an electric car for "the people". The ID.1 is due to arrive in 2027. This could be a game changer for many drivers - especially because of the price.

Wolfsburg - The VW ID.1 will be the brand's most affordable electric car. It starts at around 20,000 euros and is therefore significantly cheaper than the VW ID.3, which currently costs 30,000 euros. VW wants to win back young families, city commuters and thrifty drivers. Car-sharing companies are also showing interest. Despite the low price, VW - the company where a major era will end in 2026 - promises high quality, as can be seen from a press release issued by the Group.

VW announces car hammer: Brand wants to win back millions of drivers

The ID.1 should be able to travel up to 300 kilometers on a single charge. The battery apparently charges from 10 to 80 percent in 20 minutes at fast-charging stations. Charging at home would take around four hours.

VW has installed a full 115 hp in the ID.1. This is sufficient for city and country driving. The top speed is 150 km/h. The ID.1 accelerates from 0 to 50 km/h in four seconds, as the portal hh.auto.com reports

VW wants to produce in Europe: Costs for customers to be kept low

The ID.1 will probably be built in Spain and Germany. Production will start in 2026 and sales will begin in 2027. VW says it needs the time to make the technology affordable. Its direct competitors are the Dacia Spring (from 13,590 euros) and the Citroën ë-C3 (from 24,900 euros).

Chinese brands such as BYD are also pushing into Europe with low-cost models, which continue to be sold at low prices despite EU tariffs. VW, on the other hand, is building the ID.1 entirely in-house and wants to keep costs low with its European production sites, as Auto Motor Sport writes.

The size of the VW ID.1 lies between the Up and the Polo

The VW ID.1 is 3.60 meters long. This makes it slightly larger than the VW Up (3.54 meters), but smaller than the Polo (4.07 meters). The trunk has a capacity of 280 liters. The car is ideal for city dwellers and short-distance drivers.

https://www.ruhr24.de/service/deutschland-autofahrer-vw-e-auto-modell-volkswagen-reichweite-preis-2026-2027-id-1-byd-verkehr-93562612.html

Imagine you could buy one of the world's largest car manufacturers - and on top of that you'd get a luxury company like Porsche and a commercial vehicle company like Traton for "free". Sounds too good to be true? That's exactly how Volkswagen ($VOW (-0,15%) ) is currently valued on the stock market. But why is that and what does it mean for investors? Let's analyze the facts! 💡

SWOT analysis: Where does VW stand?

Strengths 🌟

• Brand diversity: With Volkswagen, Audi, Porsche, Škoda and Lamborghini, VW covers almost all segments.
• Financial stability: Net liquidity in the Automotive Division of €34.4 billion offers security.
• Electromobility: Successful models such as the ID.7 and ID.Buzz demonstrate VW's progress in electromobility.

Weaknesses ⚡

• Dependence on China: Deliveries in this key market have slumped by 10%.
• High investment requirements: 13.6% of turnover is spent on research and development.

Opportunities 🌍

• Valuation: The share is currently trading so low that VW's core business is practically "free". 🚨
• Technology: Partnerships such as with QuantumScape could secure VW a long-term advantage.

Risks 🚧

• Competition: Tesla $TSLA (-4,32%) , BYD $BYD (+0%) and Chinese manufacturers are increasing the pressure - especially for electric cars.
• Regulation: CO₂ fleet targets could cause additional costs.

Volkswagen: a bargain? 📉

The current market capitalization of Volkswagen is 55 billion €. But how does this low valuation come about? A look at the subsidiaries reveals something astonishing:

Porsche AG ($P911 (+0,35%)):

• Market capitalization: 51 billion €
• VW holds 75 % of it, which represents a value of 38.25 billion € which amounts to

Traton SE ($8TRA (-0,07%)):

• Market capitalization: 15 billion €
• VW holds 90 %which corresponds to a value of 13.5 billion € means.

Together, this amounts to 51.75 billion 👉 Conclusion: Volkswagen's shareholdings alone are worth almost as much as the Group's entire market capitalization. This means that VW's core operating business - which generates billions in sales and profits every year - is virtually "free of charge" comes for free. 🚨

Dividend: Attractive, but not without risk 💰⚠️

Volkswagen entices with a dividend yield of 8.7% (€8.70 per share at a share price of €100) - a dream come true for dividend investors. However, this high payout also reflects the challenges: profits are declining and high investments in electromobility and restructuring could put pressure on the dividend in the future. Although liquidity remains robust at €34.4 billion, risks such as fines for CO2 fleet values or further cost burdens, e.g. due to the expensive restructuring measures at VW and Audi amounting to €2.2 billion, could make cuts necessary. Nevertheless, VW offers an attractive dividend overall, which is certainly interesting even in the event of cuts.

Graham valuation: What is VW really worth? 🧮

Benjamin Graham, Warren Buffett's mentor, developed a simple method for calculating the fair value of a company. His formula takes into account both earnings per share (EPS) and growth potential. Let's take a look at Volkswagen through this lens:

VW's earnings per share (EPS) are 24,3 €. To keep the valuation conservative, we assume a long-term moderate growth rate of 2 % i.e. only about the rate of inflation. Graham's formula is as follows: the value of a company is calculated by multiplying EPS by a base value of 8.5, to which a growth factor is added. Let's use the values: We multiply the 24.3 € profit with 8,5 + (2 × 2). This results in an estimated fair value of over 300 per share.

Even assuming 0 % growth the calculated value would still be 206 per share - well above the current share price of around € 100.

Of course, this is only an estimate and does not take into account all risks such as the challenges in the e-car market or the high investments. But even under conservative assumptions, the calculation shows that Volkswagen could be significantly undervalued. 🚀

Conclusion: Bargain or too many risks? 🚗⚠️

With a market capitalization of 55 billion € seems like a bargain - Porsche and Traton alone cover almost the entire value. But what about the risks?

• E-car battle: Tesla, BYD and Chinese manufacturers are making life difficult for VW - especially in China, where deliveries have fallen by 10%.
• High costs: Billions are flowing into electromobility and restructuring. Can profits and margins keep up?
• Regulatory hurdles: CO₂ targets and possible punitive tariffs could bring further burdens.

What do you think? Will VW master the transformation or are the risks too great? Let me know in the comments! 💬

#VolkswagenAnalyse

#Elektromobilität

#ValueInvesting

#AktienStrategie

#Automobilindustrie

Škoda has surprisingly withdrawn from Volkswagen's planned €20,000 electric car project. Originally intended as a sister model for the VW small car, the Czech brand is now not participating in the project, which is primarily intended to offer a more affordable option for customers on a budget. 🚙💰

Volkswagen $VOW (-0,15%) would instead like to work with US electric car manufacturer Rivian to reduce costs and make production more efficient. Production of the mini-electric car is expected to take place at the Palmela plant in Portugal. 🏭🌍

Škoda is focusing on the Fabia and other models in the lower price segment, which will continue to serve a profitable niche market. An ambitious move by VW to conquer the "Champions League" of affordable electric vehicles - but also a difficult one. 💡📉 #Elektroauto
#Volkswagen
#Škoda
#Rivian
#Automobilindustrie

Lufthansa CEO Carsten Spohr has high hopes for US President Donald Trump's second term! 🚀 While customs conflicts could pose risks for major customers such as Volkswagen $VOW (-0,15%) Spohr expects positive impetus for the aviation industry overall. ✈️ The US Federal Aviation Administration (FAA) in particular could position itself "pro-industry", which would benefit Boeing and Co. 🌍

However, Spohr also has big plans in Europe: Lufthansa $LHA (-0,44%) is aiming for market leadership through acquisitions and wants to drive growth through consolidation. 💼📈 The Lufthansa boss remains optimistic that the new German government will provide impetus for the German location. 🇩🇪 #Lufthansa
#Wachstum
#Trump
#Flughafen

In the still young year, the DAX has already recorded 16 record highs, the last one only yesterday. Most other stock market indices are also close to their all-time highs.

Where can you still invest now?

Handelsblatt experts have analyzed 1,000 stocks worldwide and identified 15 recommendations in three categories:

• Five shares of companies that are growing strongly over the long term but are still reasonably valued

$FTNT (-3,08%) Fortinet | $NOVO B (+5,32%) Novo Nordisk | $GDDY (-1,48%) GoDaddy | $PLD (+1,06%) ProLogis | $NOW (-2,3%) Service Now

• Five shares of companies that have been paying rising dividends for at least 20 years thanks to their earnings power

$PEP (+3,26%) PepsiCo | $CVX (-0,58%) Chevron | $FPE Fuchs Petrolab | $NWN (+1,51%) Northwest Natural Holding | $SAN (+0,91%) Sanofi

• Five shares of companies that have plummeted on the stock market but have an intact business model and turnaround potential

$SLB (-1,54%) Schlumberger | $BIIB (+2,62%) Biogen | $GPN (-1,89%) Global Payments | $MAKSY Marks & Spencer | $VOW (-0,15%) Volkswagen

Detailed analysis can be found at "Handelsblatt"

Source: Handelsblatt | Image: ChatGPT