Investment tip: Continental

crayzayjay · #1 03-08-2005, 05:23 PM

Easily my top pick of all the auto stocks in Europe, making my life very easy at work.

http://uk.finance.yahoo.com/q/bc?s=CONG.F

It could come off a little more in the next few days, but i dont see it dropping below €57. BUY

crayzayjay · #2 03-09-2005, 05:33 PM

No one wants to make money?

YogsVR4 · #3 03-10-2005, 10:44 AM

Sorry, to busy buying to reply

http://uk.finance.yahoo.com/q/ae?s=CONG.F I've got a few grand to play with. I'll give it a go.

TexasF355F1 · #4 03-10-2005, 11:14 AM

Thanks for posting that Jay. Do you see this as a good long-term company? It appears to be, but by long-term I mean at least 25 years probably.

I'm gonna show this to my dad, maybe he'd be interested in the foreign market.

crayzayjay · #5 03-10-2005, 05:42 PM

25 years? I don't know. There's certainly nothing wrong with it, but no one knows what the scenario will be in 25 years.

In the next 3 or 4 years, this company will experience phenomenal profit growth as it continues to sell its ESP system to major manufacturers. Penetration in the US is not much above 10% vs 40% in Europe, and is more justifiable given the greater percentage of trucks & SUV's as a % of total vehicles in the US vs Europe. I would be very surprised if Conti didn't make its investors a lot of money

TexasF355F1 · #6 03-10-2005, 08:34 PM

Quote:

Originally Posted by crayzayjay

25 years? I don't know. There's certainly nothing wrong with it, but no one knows what the scenario will be in 25 years.

In the next 3 or 4 years, this company will experience phenomenal profit growth as it continues to sell its ESP system to major manufacturers. Penetration in the US is not much above 10% vs 40% in Europe, and is more justifiable given the greater percentage of trucks & SUV's as a % of total vehicles in the US vs Europe. I would be very surprised if Conti didn't make its investors a lot of money

haha, yea thats a long time. Of course you're not going to know. I really should just bite the bullet maybe and take a chance. It would add diversity to my small portfolio, plus it would be a little adventure diving into the foreign market.

crayzayjay · #7 03-31-2005, 03:17 AM

Did anyone pick some up? It's up 4% on the back of strong results this morning, it's gonna have a nice run

fredjacksonsan · #8 03-31-2005, 07:19 AM

Dam, wish I had a couple thou to put into it.

crayzayjay · #9 03-31-2005, 07:34 AM

I've up by about a month's salary overnight

Not selling yet though, these are going through €60.

fredjacksonsan · #10 03-31-2005, 07:41 AM

Dam, nice gain. Is this Continental Tire, or the parent company thereof?

crayzayjay · #11 03-31-2005, 08:11 AM

Parent company - tyres, parts, braking systems (ESP)...

crayzayjay · #12 04-01-2005, 08:43 AM

Did i say these are going through 60 or did i say these are going through 60?

Up another 4.5% today. Yogs, you in there?

fredjacksonsan · #13 04-01-2005, 08:59 AM

O, lamentation for current lack of investment capital!!!

crayzayjay · #14 04-01-2005, 10:14 AM

You can get around that by leveraging, but i wouldn't recommend it unless you really know what you're doing.

It closed near the high of the day. Still has some way to go next week

fredjacksonsan · #15 04-01-2005, 10:49 AM

I think I'll have to wait for your next HOT TIP.

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