StefanCa

Today I exited my ECMP position which I opened in the spring-summer of 2020. My logic was to ride the corona recovery wave and I decided to exit now because I do not see EU stocks going too much up fr...

+3.5% on the first day of trading and most similar companies are up more or less the same. What is the driver?...

quote:!@#$!@! schreef op 1 november 2022 11:18:Only IBKR has that option as far as i know www.interactivebrokers.com/en/home.phpTurns out Saxo does it only in Singapore....

[quote alias=!@#$!@! id=14471873 date=202210231155]Het valt mij trouwens op dat mijn aandelen ECP en Klep ook soms, vaak zijn uitgeleend aan shorters. Ze betalen helaas maar 0.22% en slechts 1/3 w...

[quote alias=Branco P id=14469824 date=202210211045]Ergens in de loop van volgend jaar deflatie, is ook mogelijk… zul je zien dat er dan opnieuw paniek is ;-)Ik heb zojuist nog een flinke pluk K...

European retail sales - higher turnover, stagnant or lower volumes...

It looks like it was not opened yet, there are some red stripes towards the end of the food court, probably that is why its empty. Anyways, a bit not inspired moment to take the picture (funn...

What a crazy day...from -5% to +1.3%, lots of volatility...

[quote alias=!@#$!@! id=14403784 date=202209100859]Ja goed punt over basf. Toekomstig dividend zal erg onzeker zijn. Heb lockdowns omdat de economie er slecht voorstaat? Zelfs in China hebben ze d...

Okay, so the 8% is based on the outlook, not on the past performances. It makes sense like that. If they manage to keep their profits relatively constant, it would be a very very good performance. ...

[quote alias=Branco P id=14399752 date=202209081138][...]Nu moeten we toch vooral weer oppassen dat er geen ontspoorde overheden zijn die nog aan coronamaatregelen (zoals lockdowns en vaccinatie...

[quote alias=!@#$!@! id=14396246 date=202209061516]Die bied ook al 8% dividend. Toch bijzonder al die hoge div. rend. van sommige aandelen terwijl de rente nog steeds op 0% staat. (t/m donderdag dan...

Someone is very determined to sell today. Already 32k volume...

Unfortunately we need to wait for almost 2 months after q2 ends to see the results. That is something I dont fully understand, especially when I compare with the US companies that report much muc...

That would be super useful, indeed. thanks! Very strange sudden growth today from +0.5% to +2.5% in minutes. Lets see if it sticks...

Interesting that the share price has increased more after divided vs. in the days right before dividend cut-off date. We are now at 22.4. If you consider divided + free shares, this means already more...

[quote alias=MOEdig Voorwaarts id=14233025 date=202206061041]Er is wel meer high yield spul dat in de min staat, terwijl technologie vandaag de kar trekt. Ik zou het dus maar houden op de dage...

[quote alias=Branco P id=14232202 date=202206050925][...]welke broker had jij dan? IB toch? en kun je daar dan geen optieseries zien?Ik ga namelijk wel echt switchen van Broker nu (Degiro of...

[quote alias=MOEdig Voorwaarts id=14215003 date=202205241336]@StefanCaIn light of the very small size of our stake in comparison to our balance sheet (ca. 25bps) there is noneed to take ...

Now ECMP looks a bit better than the other european commercial Real Estate.On another note. you talked about Vonovia recently. Dont forget they own 25% of Adler RE, which is not in a good sit...

I expected a bit better course this morning, given the very good update from yesterday. market not good either, almost everything in red...

quote:Branco P schreef op 29 maart 2022 21:53:[...]what does your portfolio look like right now Stefan? Any recommendations?I dont think I can give recommendations, ther...

What a ride in the last few days...Now I dont regret that I was patient and didnt sell in Q3 2021 (at ~20 EUR). Background: I bought most of my ECMP in April and May 2020 - almost 35% o...

Such a weird close...went from +2% to almost 0% in the last minute of the session...

Hmm, largest than march 2020? Would be strange....

[quote alias=Branco P id=13997692 date=202202022110][...]Interim Report 2021:[i]As per 30 June 2021, 74% of our interest expenses are fixed for an average period of over six years and the av...

Why do you think they are reducing, at this trading volume we will finish the day with a volume very close to the average daily volume. Cant find it quickly in the latest financials, the aver...

Most likely big decrease today. Look at German and uk indexes -2% or even -3%...

Strange evolution, not only because we were at 21.2 shortly after opening, but also because other RE are going down max 0.5%, vs almost 2% for ECP.Btw, it again takes them a long time to publish f...

At saxo I have min cost of 12EUR for 500 pieces. So it’s 0.12%. I opened account directly with Saxo, not migrated from Degiro. Btw, if you carefully check saxo website they have different pricing ...

quote:Branco P schreef op 5 november 2021 10:21:[...]If I recollect correctly, ECP never gives outlooks. I checked some pre-covid quarterly updates and I did not find outlooks. ...

Overall good figures I think, not stellar. Strange with vacancy increase and sad that no outlook is provided (again) :( Will need to take a closer look at cash flow statement. ...

As a Romanian, a few things about vaccination and IGD, maybe interesting. 42% current vaccination rate for 12+ years old population. Problem is willingness to get vaccinated, not availability of v...

quote:Branco P schreef op 3 november 2021 17:16:[...]In Mai 2021 ECP already reached 2019-Summer levels. True, but there is a difference in price evolution: Summer 2019 price...

In the meantime, SPG is at highest level since summer 2019...

Interesting that it is not gaining momentum, still -3% for ECP, while everyone in Real Estate is +1% or at worst 0%.I sold some puts at strike 20 for Nov, in the logic that results will be good and ...

quote:Branco P schreef op 28 oktober 2021 09:14:Heb mijn aandeeltjes eruit gegooid op 66,80. Pik ze weer op als we de 60 nog weer een keer gaan zien. En anders ook goed :)He sold s...

And they offer an outlook. Wondering if ECP will do it this time. ...

So everyone that reported so far had a positive price evolution after reporting. That makes me think ECMP should be 20+ after Nov 5th....

In the meantime some interesting actions in the residential RE market in Germany.Adler real estate accused of some accounting wrongdoings viceroyresearch.org/wp-content/upload...

Real estate market definitely doesnt like the current environment with prolonged low interest rates....

[quote alias=!@#$!@! id=13645907 date=202108271640]Als de huren immers gewoon blijven groeien , ondersteun door inflatie zal dat de waardedaling door hogere yields misschien wel teniet doen ?[/q...

The market didnt seem to like Mercialys update: -4.5% while other RE are decreasing 1-2% only...

Good point! Time horizon : 2-3 years, significant risk appetite (you can see that from the fact that I first bought ECP at 7.9 in aprill 2020).Yes, currency risk is important, thats why I a...

Advice needed.ECP was a very very good acquisition for me. I bought it last year after corona started, bought it between 8 and 10 eur a piece, average buy price ~9 (after divided stock received). ...

Adjusted for stock split and divided, the max stock price was 23.6 Eur or something else?...

quote:hjs64 schreef op 6 juli 2021 12:58:[...]You are not supposed to sell them ;).I didnt :), although ECM is now a significant part of my portfolio due to high growth ...

Everything settled yesterday at Saxo, got the cash and can now sell the stock dividend. I could also see the stock dividend in my account since early June, but couldnt sell them until yesterday....

Saxo account here, no cash dividend yet received. ...

Tomorrow ECP will distribute the dividend. What is the withholding tax for this transaction?...