Friday, May 8, 2009

wacker chemie ... AGM

annual general meeting ... well, 2008 was the most successful year in the more than 90 years of this sympathetic bavarian company. nevertheless, the dividend was cut sharply as in the 1st quarter of 2009 fell profits by approx. 95% which reflects the current very bad economic conditions around the globe. IMHO is wacker well positioned in silicium business (solar energy) + in various fields of chemistry (base stuffs for industries like construction, automotive, sports equipment, textile, etc.).

i was accomplished by a colleague who recommended that interesting stock to me few weeks ago (just before it increased 25% because of positive news flow :), so today's AGM was even more fun than usually => thx, hans-dieter :o).

folks, i wouldn't believe before in how many different products are components / base materials provided by wacker and you wouldn't believe how many pretty female wacker trainees supported the organization of that event!!! i've shoot a lot of pictures today :o)
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