Today we struck.
3x 104,00€ for $APH (+4,13%) Amphenol (now 28 pcs. in total)
1× 469,50€ for $MUV2 (-6,63%) Munich Re (now 7.1 shares in total)
I like both shares very much and they should therefore be and remain my largest individual positions.
Amphenol as the technical world market leader, which is involved in almost everything (AI, cars, aviation) and is currently 30% below its last high from the end of January.
And Munich Re as a profitable dividend payer. It gives my portfolio stability and cash flow. The 6% dip was used today.
Operationally still very strong with a 57% jump in profits and an improved combined ratio from 84% to 67%.
Even though new business was reduced by 18.5% in April because Munich Re did not want to accept contracts with prices that were too low. In the long term, however, it protects the margin.
And the second negative point for completeness is the currency losses: the strong euro is eating away the dollar gains on paper.
Operationally, however, the business is in excellent health.
