Yesterday was like Christmas for me. Many of the comments and statements I read reminded me of the corona crash of almost exactly 5 years ago. Of course, you can now wait and see what happens and do nothing for the time being, but my grandmother already knew that you should buy cyclical slow growers as low as possible. There are exciting entry opportunities in every market phase. Should there be a prolonged "tariff crisis", I see the non-manufacturing sector (e.g. Netflix), materials (e.g. Rio Tinto) and communications (e.g. Deutsche Telekom) as "safe havens".

For this reason, yesterday I took a hearty and joyful plunge into the falling knife and bought Rio Tinto shares from some shaky hand in the world.

Over the last few weeks, I have been looking at shares from a new perspective and have started to take a closer look at balance sheets and fundamental data. 🤯

Unfortunately, I still don't use a screener and have therefore only looked at the stocks that I am familiar with in some form.

In view of the tradable shares on the global market, this is certainly a big mistake and I have some catching up to do. Nevertheless, I would like to share some of my findings with you.

I have created two lists for this purpose.

On the lists you will find stocks that in my opinion have excellent fundamental quality characteristics.

The first list contains the absolute quality companies, some of which have already proven themselves over many years, and the second list contains companies that could still become such or have not yet proven themselves long enough and could therefore be a good long-term investment. The lists are neither correct nor complete and, depending on your point of view, some stocks belong on one list or the other, or perhaps not on any list at all.

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Quality companies:

• Visa$V (-6,9%)

Duopoly, very strong profit margin,

Risks: Google Pay/Apple Pay etc.

• Waste Management$WM (-4,02%)

Long-term contracts, strong balance sheet, regular share buybacks

• Stryker$SYK (-5,39%)

• Intuitive Surgical$ISRG (-8,5%)

• Novo Nordisk$NOVO B (-6,66%)

• Essilor Luxottica$EL (-4,31%)

Strong moat, good growth,

Weaknesses: low return on equity

• Hershey$HSY (-1,95%)

Solid cash flow, >50% return on equity,

Weaknesses: approx. 90 % of sales generated in the USA, trend towards healthier food

• ASML$ASML (-2,09%)

• Alphabet$GOOGL (-2,74%)

• Hermes$RMS (-4,6%)

• Wal-Mart de Mexico$WALMEX* (-5,99%)

The only retail food group I know of with a significant margin of

significant margin of >5%, stable growth and healthy balance sheet,

Growing middle class in Mexico and expansion in Central America.

Weaknesses: Mexican peso

• Lotus Bakeries$LOTB (-2,66%)

Continuous sales and profit growth, very nice balance sheet, but a high stock valuation

high stock valuation (like the vast majority in this list)

• Ferrari$RACE (-3,06%)

• Zoeties$ZTS (-4,18%)

Market leader, high margin, solid cash flow, growing dividend,

• Idexx Laboratories$IDXX (-3,38%)

Very nice growth stock with high customer loyalty, strong growth, >80%

return on equity, solid balance sheet,

• alliance$ALV (-8,43%)

• Microsoft$MSFT (-2,36%)

• Procter & Gamble$PG (-4,13%)

• Pepsi$PEP (-1,81%)

• Adobe$ADBE (-4,21%)

• L'Oreal$OR (-1,22%)

• Schneider Electric$SU (-8,15%)

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Opportunities and future quality Company?

• Rio Tinto$RIO (-6,32%)

• 3i$III (-7%)

• Main Street Capital$MAIN (-6,56%)

• Mutares$MUX (-8,93%)

• Altria$MO (-2,25%)

• Terna$TRN (-4,98%)

• Pfizer$PFE (-4,59%)

• Vinci$DG (-5,04%)

• Mercadolibre$MELI (-4,71%)

• Caterpillar$CAT (-4,89%)

• BAE Systems$BA. (-9,05%)

• Lululemon$LULU (+4,59%)

• Generali$G (-6,61%)

• Energiekontor$EKT (-6%)

• Vici$VICI (-2,83%)

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Thanks for reading and I look forward to additions, corrections and exchanges of opinion.

Are there any of the stocks mentioned that are of particular interest to you?

Has anyone delved particularly deeply into one or other stock?

Then have a nice weekend 🥳

I remain invested.

I have been asked on various channels how I $RIO (-6,32%) stand.

and if you're interested in the whole statement, watch the video voluntarily and without complaining ;). https://youtu.be/nD6LrV9ghs0?si=kK9XWFj_6BWxfq6w

Tranche 2 of 3

Norges Bank Investment Management will vote against a resolution calling on the mining group Rio Tinto $RIO (-6,32%) to review its two stock exchange listings in London and Sydney, according to the Norwegian sovereign wealth fund's website.

Rio Tinto shareholders will vote on the proposal by London-based hedge fund Palliser Capital and more than 100 other shareholders at the annual general meeting of the world's largest iron ore company on Thursday.

Norges Bank, the world's largest sovereign wealth fund, is the seventh-largest shareholder in London-listed Rio Tinto Plc with a 2.51% stake, according to data compiled by LSEG.

In February, Rio Tinto recommended that its shareholders vote against the resolution.

"Unification of the dual listed company (DLC) structure is not required to provide strategic flexibility to the group," the company said in March, following a comprehensive review of the structure.

Hello everyone,

I have looked at the stocks in my portfolio with my new but still incomplete knowledge of fundamental analysis and am of the opinion that some stocks are heavily overvalued.

Perhaps they will fall back to their fundamental value soon or at some point?

Yes, actually this is bound to happen in the long term.

So I'm wondering whether I should sell now and invest the capital in fundamentally favorable stocks or in my ETFs?

I also find it interesting that some stocks were already overvalued when I bought them and some only became overvalued later.

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In my opinion, some of the stocks in my portfolio are overvalued:

(not exhaustive)

Palantir $PLTR (-11,65%)

Ferrari $RACE (-3,06%)

Rheinmetall $RHM (-10,98%)

Agree Realty $ADC (-2,24%)

visas $V (-6,9%)

Hermes $RMS (-4,6%)

Microsoft $MSFT (-2,36%)

Nu 😅 $NU (-6,44%)

Asml $ASML (-2,09%)

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On the other hand, I think they are favorably valued at the moment:

(some are not really cheap, but maybe worth buying)

Amazon $AMZN (-3,47%)

Abc $GOOGL (-2,74%)

Sofi $SOFI (-9,67%)

Lockheed Martin $LMT (-3,69%)

Berkshire $BRK.B (-6,3%)

Caterpillar $CAT (-4,89%)

Occidental Petroleum $OXY (-7,71%)

Rio Tinto $RIO (-6,32%)

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I think I probably wouldn't regret it if I just sold everything and put it in the $HMWO (-5,73%) and put it in the But I enjoy individual shares and the risk is limited. Still, I would like to know how you read valuations and translate them into action decisions and what you think about my specific situation and would possibly act.

actually almost free of charge

Rio Tinto Group $RIO (-6,32%)
$RIO (-5,01%) has held talks with the Democratic Republic of Congo about the possible development of one of the world's largest hard rock lithium deposits. This was reported by Bloomberg today. It is the latest sign of the mining giant's interest in the battery metal.

Talks with Congolese authorities in recent weeks have centered on Rio Tinto's potential involvement in converting the Roche-Dure resource into a lithium mine.

However, these discussions are still at an early stage and may not lead to a formal agreement, the report said. Development of the Roche-Dure resource could significantly increase the global supply of lithium, a key ingredient in electric vehicle batteries.

This move by Rio Tinto demonstrates the growing interest in lithium as demand for electric vehicles continues to rise. The Roche Dure resource represents a significant opportunity for the mining company to expand its battery metals activities.

The diversified mining company Rio Tinto $RIO (-6,32%) has officially opened the South Gobi Underground Mass Mining Institute (SGUMMI) at its Oyu Tolgoi copper mine in collaboration with the University of Queensland.

Mongolian President Khurelsukh Ukhnaa visited the institute and emphasized its importance in promoting mining education and workforce development.

SGUMMI aims to close the growing skills gap in the mining industry by offering a comprehensive training program for local and international mining professionals. The declining number of first-year students in mining engineering has led to a shortage of qualified professionals in recent years - a challenge that the new institute is trying to overcome.

"Oyu Tolgoi is a world-class Mongolian mine built by over 20,000 Mongolians. It is an amazing achievement in terms of engineering, technological advancement and safety standards - skills and knowledge that we will continue to develop locally with the establishment of the South Gobi Underground Mass Mining Institute," said Jakob Stausholm, CEO of Rio Tinto.

The inaugural cohort consists of 28 participants from various organizations who will use Oyu Tolgoi as a hands-on training facility. The University of Queensland will manage the institute, develop the curriculum and deliver the training. The curriculum will focus on underground mining, geotechnics and mining engineering and will address industry-specific needs and skills gaps with input from leading mining scientists and experts.

From 2026, the institute will be available for training to local and international mining companies. By the third year, the institute will be accredited by a globally recognized mining university.

Rio Tinto $RIO (-6,32%) has published its report on taxes and royalties paid in 2024, which details $8.4 billion (2023: $8.5 billion) in taxes and royalties paid worldwide during the year.

In Australia, taxes and royalties totaling $6.3 billion (A$9.5 billion) were paid in 2024, including corporate income tax paid of $3.7 billion (A$5.5 billion). Rio Tinto also made significant tax and royalty payments in Chile ($615 million), Canada ($500 million), Mongolia ($482 million) and the United States ($136 million).

Peter Cunningham, Rio Tinto's Chief Financial Officer, said: "We are committed to operating responsibly wherever we operate and the taxes and royalties we pay to governments play a vital role in supporting the economic health and development of the regions in which we operate.

"Our economic contribution can be significant to national budgets and local development priorities such as job creation and skills training in the countries where we operate. And our voluntary social investments provide further added value to communities, enabling them to invest in their own social and economic development for years to come.

"Our commitment to safe and sustainable access to the world's vital materials underpins everything we do. We strive to act responsibly at every stage of our business and continue to work to find better ways to support the communities in which we operate."

Over the past 10 years, Rio Tinto has paid $77.3 billion in taxes and royalties globally, more than 78% of which was paid in Australia.