Wednesday, April 29, 2009

allianz ... AGM

annual general meeting ... folks, in 2008 became allianz the largest insurance company in the world! have they been so good? no, not at all! they've made losses for just 2nd time in more than 100 years of company history and even the share price lost more than 50% from its 2008 highs, but the competitors did much worse (especially AIG, its share price lost 98% of its value and the company was 'rescued' by u.s. government or more precisely by u.s. tax payer :-))

the most important topic today? the finally terminated dresdner bank disaster which had cost the shareholders at least 15 billion lovely €uros since 2001. well, now is the commerzbank the proud new owner of dresdner bank :o)

stocks bought recently:
  • nestle - foodstuffs - new
what else? well, i had 1 trade on DJIA, bought @8,154 and sold @8,165 => small profit achieved :o). i've also increased my natural gas position by 1 CFD contract @ 3.48
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