Marcus Lindstrom On March 28th, 2023, I issued a detailed article elaborating on the various aspects of Vonovia SE (OTCPK:VONOY) (OTCPK:VNNVF) that, in my opinion, warranted a clear sell. Since then, the performance has been like this: YCharts Just recently Vonovia published its Q4 earnings report and annual aggregate figures for the whole 2023. In…
Vonovia SE (OTCPK:VONOY) Q4 2023 Earnings Conference Call March 15, 2024 9:00 AM ET Company Participants Rene Hoffmann – Head-Investor Relations Rolf Buch – Chief Executive Officer Philip Grosse – Chief Financial Officer Conference Call Participants Charles Veasey – UBS Jonathan Kownator – Goldman Sachs Bart Gysens – Morgan Stanley Rob Jones – BNP Paribas…
fhm/Moment via Getty Images Dear readers, Vonovia (OTCPK:VONOY) is a German real estate holding company, which operates very similarly to a REIT, and owns 550,000 apartments located primarily in Germany, Sweden, and Austria. It’s a company I have written about extensively on Seeking Alpha, publishing six articles last year. This is no coincidence, as Vonovia…
Bjoern Wylezich In my prior article on Vonovia SE (OTCPK:VONOY) (OTCPK:VNNVF), I argued that the bears are completely wrong and presumed risks are completely overblown. Since then, the stock has performed strongly on an absolute and relative basis. Seeking Alpha Whilst the recovery in the stock has already picked up steam, it is still trading…
ah_fotobox (Note: All amounts in the article are in EUR. At the current exchange rate, 1 EUR is around 1.05 USD.) Investment Thesis In line with the German real estate sector, Vonovia (OTCPK:VONOY) (OTCPK:VNNVF) has seen a significant share price depreciation since last year. Vonovia share price (Source: Seeking Alpha) I have been buying up…
imamember/iStock via Getty Images I’m reiterating my Strong Sell rating on Vonovia SE after reviewing the 2nd quarter results. On March 28th, 2023, I issued a contrarian thesis against Vonovia SE (OTCPK:VONOY) (OTCPK:VNNVF) arguing that the Company has assumed just too much of a leverage to survive without making value-destructive share issuances. After the Q1…
Vonovia SE (OTCPK:VNNVF) Q2 2023 Earnings Conference Call August 4, 2023 8:00 AM ET Company Participants Rene Hoffmann – Head of IR Rolf Buch – CEO Philip Grosse – CFO Conference Call Participants Marc Mozzi – Bank of America Bart Gysens – Morgan Stanley Andres Toome – Green Street Paul May – Barclays Thomas Rothaeusler…