•   
  •   
  •   

Sports QIX Germany: Brenntag's restructuring plans cheer analysts and investors

17:30  28 october  2020
17:30  28 october  2020 Source:   finanzen.net

Jim Cramer warns of Trump tweets: Investors should not behave like this under any circumstances

 Jim Cramer warns of Trump tweets: Investors should not behave like this under any circumstances The US President has chosen Twitter as his favorite medium. It is not uncommon for the stock exchanges to hang on the drip of Trump's tweets, and there are always violent market movements after Donald Trump has tweeted. But investors shouldn't base their investment decisions on it, warns Jim Cramer. © Provided by Finanz.net DANIEL ROLAND / AFP / Getty Images • Cramer warns of Trump tweets • Nuances not recognizable • Investors should not base their investment decision on Twitter posts When Dona

Bechtle expects growth rates of 5% for 2020 IT deals

TORU YAMANAKA/AFP/Getty Images © Provided by Finanz.net TORU YAMANAKA / AFP / Getty Images

The impending lockdown in Germany weighed on Wednesday the QIX Germany temporarily strong. As a result, the index is clearly in the red at 12,945 points in the afternoon. Chemical distributor Brenntag wants to make its sales business more profitable from 2021 by downsizing and closing locations. With IT infrastructure and services, Bechtle wants to achieve a solid increase in sales and profits this year, regardless of the effects of the virus.

One of the biggest winners on the list in the quality index on Tuesday was the Brenntag share. At times it rose by over 4% to a multi-year high of EUR 56.00. Today, however, there is profit-taking and the shares are currently at 55.50 euros. The key driver behind the latest performance was yesterday's news that the chemicals distributor plans to cut around 1,300 of its 17,500 jobs worldwide as part of its restructuring. The company announced that this should be done in a socially acceptable manner within the next two years. Globally, around 100 locations are also to be closed. Brenntag was one of the few companies that was able to achieve a profit increase on its own in the second quarter despite the considerable effects of the Covid 19 pandemic. In order to meet future requirements and to remain at the forefront of our industry, the introduction of our new operational business structure was a first important milestone, emphasized the Management Board at the same time. And in order to fully exploit the potential, Brenntag has to become leaner and more efficient. The chemicals trader, who operates as a permanent link between producers and the purchasing and processing industry, wants to take real money into it. The current savings course should initially cost 370 million euros, but should improve operating profit (EBITDA) by 220 million euros annually from 2023.

The puzzling form of the Jadon Sancho

 The puzzling form of the Jadon Sancho Jadon Sancho remains pale again and again against TSG Hoffenheim. The BVB superstar is looking for his top form, Michael Zorc encourages. © Provided by sport1.de The enigmatic form depth of the Jadon Sancho Jadon Sancho shook his head two or three times. There wasn't much going on Saturday afternoon in the Sinsheimer Arena for the Borussia Dortmund superstar, who was then replaced after 64 minutes. In the hard-fought 1-0 victory in Hoffenheim , Sancho showed a poor performance.


Video: DHL expects peak values ​​at Christmas through online trading (glomex)

Meanwhile, analysts are also confident that Brenntag can achieve the announced goals in the medium term. The unanimous opinion of the experts is that the ongoing cost cuts appear significantly higher than expected. At the same time, the sales company will only be introducing two areas for its industrial and specialty chemicals business at the beginning of 2021. In the future, the "Brenntag Essentials" division will market process chemicals for a wide range of industries such as the North American oil and gas industry. The second area, "Brenntag Specialties", will in future concentrate on the distribution of ingredients for selected corporate customers. And after the recent price recovery, the Brenntag share remains fundamentally attractively valued. It is currently trading at 17 times the P / E of the estimated earnings for 2021. The current dividend yield of 2.2% is also impressive. The company also achieves an operationally quite strong return on equity of 13%. The share is therefore rightly listed in the German quality share index (QIX). The QIX Germany is a share index made up of the best 25 German shares. The 25 shares are selected according to a set and proven set of rules.

3 Breaking Stocks Still Interesting

 3 Breaking Stocks Still Interesting © Powered by The Motley Fool Motorcycle Stunt If you're a fan of growth investing , you know it makes sense to look for companies that you are right now can buy where they are just starting to break out of the crowd - and then sell when they can no longer achieve good results for shareholders.

Despite the recent good figures, the Bechtle share also fell in the quality index on Wednesday. At the moment, however, it is still robust with a minus of only 2.7% at EUR 145.30. The technology company continues to benefit from the demand for IT infrastructure and related services, regardless of all current Corona circumstances. In the third quarter alone, sales grew by around 7% to a good 1.37 billion euros compared to the same period in the previous year. In the online business with products such as network devices, laptops and other IT requirements, the management has clearly felt the reluctance of customers to buy. In the management of IT systems in companies and authorities, especially in Austria and Switzerland, Bechtle was able to score further. The company's online sales grew by 20% last year, and the e-commerce area (IT consulting, IT project management, system integration) grew by almost 35%, which means that the area now generates a good third of total revenues . And in 2020, the business is expected to continue to grow by more than 5% in sales and pre-tax earnings.

Markets overbought: Analysts recommend building short positions

 Markets overbought: Analysts recommend building short positions After the rally on the stock markets in recent months, analysts from Longview Economics believe the stock markets are overbought and recommend investors to start building short positions. © Provided by Finanz.net INDRANIL MUKHERJEE / AFP / Getty Images • The corona crash was followed by a recovery rally • Analysts: Traders were "greedy" - markets are "overbought" • Uncertainty is currently increasing From the big corona Crash in the spring, the stock markets have recovered very well in the past

Above all, however, the medium to long-term growth prospects are still intact for Bechtle, given the constant demand for the hardware and software range of the company's own e-commerce platforms with which customers advance their digitization. Only the valuation of the company has anticipated some of these prospects. The share has a P / E of just under 40, but only a P / E of just under 1.3. In the next few years, Bechtle should also focus on becoming significantly more profitable. Although the return on equity in the IT business is already strong at a good 17%, the return on sales (net margin), on the other hand, is currently only 3.2%, so there is definitely room for improvement.

If you want to replicate the QIX, you can use an index tracker from UBS. Note: Since the QIX Germany was developed by finanzen.net and Traderfox GmbH, a subsidiary of finanzen.net GmbH, finanzen.net GmbH and TraderFox GmbH participate indirectly or directly in the marketing of QIX Germany. This concerns i.a. License income from issuing banks and KVGs.

Joe Biden wins US election: These stocks will benefit .
These are potential profiteers after Joe Biden won the US presidential election. © Provided by Finance.net Servais Mont / Getty Images • Biden wins US presidential election • Pandemic changes priorities • Blue wave would have spurred special industries The US population was in the United States' presidential election on November 3rd States called. Days later, the winner of the election was clear: Joe Biden made the running.

usr: 6
This is interesting!