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Predictions

buy
BlackBerry Ltd.

Start price
Target price
Perf. (%)
€6.69
28.09.12
€8.00
01.10.12
-11.19%
01.10.12

buy
Air France-KLM S.A.

Start price
Target price
Perf. (%)
€5.00
28.09.12
€5.30
04.10.12
5.96%
04.10.12

Commerzbank AG

Start price
Target price
Perf. (%)
€14.43
26.09.12
€13.00
01.10.12
-2.70%
01.10.12

buy
Lanxess AG

Start price
Target price
Perf. (%)
€66.10
25.09.12
€72.71
25.03.13
-15.94%
25.03.13

Telekom Austria AG

Start price
Target price
Perf. (%)
€6.20
24.09.12
€6.00
25.09.12
-4.02%
25.09.12

buy
Delta Lloyd N.V.

Start price
Target price
Perf. (%)
€12.59
24.09.12
€14.20
11.01.13
14.00%
11.01.13

buy
Deutsche Lufthansa AG

Start price
Target price
Perf. (%)
€10.91
24.09.12
€12.00
01.11.12
9.98%
01.11.12

Known brand
Higher risks for its business
Significant cyclical dependencies
buy
Fuchs Petrolub SE ST

Start price
Target price
Perf. (%)
€24.65
23.09.12
€33.00
02.04.13
33.87%
02.04.13

buy
Tui AG

Start price
Target price
Perf. (%)
€68.99
22.09.12
€110.00
13.02.13
19.87%
13.02.13

Well known brand
Below average Management
Bad culture
Commerzbank AG

Start price
Target price
Perf. (%)
€15.74
21.09.12
€13.10
15.11.12
-16.90%
15.11.12

buy
Htc Corporation GDR Regs

Start price
Target price
Perf. (%)
€30.51
20.09.12
€39.50
08.10.12
-2.33%
08.10.12

buy
Htc Corporation GDR Regs

Start price
Target price
Perf. (%)
€30.51
20.09.12
€35.00
01.10.12
14.72%
01.10.12

buy
Commerzbank AG

Start price
Target price
Perf. (%)
€15.49
20.09.12
€18.00
22.10.12
1.29%
22.10.12

Commerzbank AG

Start price
Target price
Perf. (%)
€15.25
20.09.12
€11.00
20.03.13
-21.05%
20.03.13

buy
Commerzbank AG

Start price
Target price
Perf. (%)
€15.30
20.09.12
€16.30
09.01.13
6.67%
09.01.13

buy
Austria Microsystems AG

Start price
Target price
Perf. (%)
€15.93
20.09.12
€17.20
12.10.12
6.18%
12.10.12

Could be worthwhile Investment >10% per year
Top 10 in its market
Known brand
Future proof or reliable business model
buy
Kinross Gold Corp.

Start price
Target price
Perf. (%)
€7.86
19.09.12
€16.00
25.01.13
-15.76%
25.01.13

buy
Sixt SE ST

Start price
Target price
Perf. (%)
€14.90
18.09.12
€17.50
07.12.12
4.22%
07.12.12

buy
K+S AG

Start price
Target price
Perf. (%)
€38.14
18.09.12
€42.50
18.03.13
-2.10%
18.03.13

buy
Deckers Outdoor

Start price
Target price
Perf. (%)
€36.60
17.09.12
€45.00
30.04.13
13.22%
30.04.13

buy
K+S AG

Start price
Target price
Perf. (%)
€38.41
17.09.12
€42.00
06.06.13
-16.62%
06.06.13

Commerzbank AG

Start price
Target price
Perf. (%)
€16.08
17.09.12
€11.00
18.03.13
-25.31%
18.03.13

EBIT growth > 30% per year expected
Standard Investments for future growth
Fair valuation
Capable Management
buy
Fuchs Petrolub SE VZO

Start price
Target price
Perf. (%)
€23.03
17.09.12
€27.50
16.10.12
3.83%
16.10.12

Good culture
Medium risks for its business
Sustainability is important
buy
Greek Organisation of Football Prognostics SA

Start price
Target price
Perf. (%)
€5.30
14.09.12
€6.20
10.01.13
19.14%
10.01.13

Commerzbank AG

Start price
Target price
Perf. (%)
€15.82
14.09.12
€14.70
17.09.12
1.77%
17.09.12