BMW AGM + wacker AGM + bayern münchen + UEFA champions league CUP

bayern münchen's UEFA champions league cup

sooo much to say ... hmmm, lets try to say it with the pictures :-)

a) bayern münchen's UEFA champions league cup? lets hope so, than the finals take place tomorrow in munich, bayern münchen against chelsea london => go bayern go :-)

paul breitner + giovane elber with the UEFA champions league cup

b) BMW AGM on wednesday ~ my employer lives in the best of all world, you know? 2011 was the year of records for BMW: most cars sold, highest revenues, highest profit, highest dividend ... and yes, 2012 seems to became the year with highest salary for me as well ... hell, i like that bonus payments, so i can afford vacation + to buy some additional mining stocks :-)

rolls royce also belongs to the BMW group, you know?

c) wacker AGM on wednesday ~ 2011 was not a nice year for wacker chemistry ~ the blood bath in the photovoltaic sector hit the producer of wafers, polysilicon, base chemistry quite hard ... especially the margins crumbled due to the recent oversupply (especially from china) ... but remember, the solar energy is not death (in fact, it is rising steadily), only few solar energy equipment producers are death and few others trying to survive :-(

my dear sun, where are you?

anything else? yes, pictures, pictures, pictures: UEFA champions league cup + BMW AGM ~ enjoy ;-)


unfortunately, bayern lost against chelsea in penalty shooting after the regular game and the overtime ended 1 : 1 ... soooooo sad that they have not utilized their many chances in the game (even 1 penalty failed approx 10 minutes before the end of the overtime) ... poor bayern münchen, they have been a better team today and so close to the success ... anyway, congratulations to chelsea london ...

BMW + wacker = cars + base chemistry?

bmw's electric car for the summer olympics 1972

what have cars + base chemistry in common? not much, you think? well, both of them are majoritarian private owned companies (bmw by the quandt family, wacker by the wacker family) even if my employer BMW behaves as a management owned company (~ IMO we have self service mentality for mngmt and all higher employees ranks (i.e. few thousands of employees!), unfortunately not me :-() ...

the common part of these 2 AGMs? its the ultimate signal/sign that my this year's AGM season is over :-(

well, bmw didnt did well last year, but managed to produce a very small profit, so it could be worse in the very hard year 2009, isnt it? of course, they reduced the most salaries by at least 10% i think (my salary as well) to meet the reduced demand for cars. if you asked me, bmw is still wasting soooo much money on its higher ranks + consultants instead of motivate all its employees through achievement-oriented compensation (at ALL hierarchy stages, of course!) ... i believe, that should also mean they have to downgrade the salaries of folks who are working at positions far below their current salary groups ... for the sake of fairness :-)

what abt wacker, the € 4 billion chemical stuff producer (esp. silicones)? well, i think their earnings were just 15% below the former record marks last year ... i liked the conservative + familiar athmosphere there and the real (~not just spoken) sustainable growth + prosperity orientation :)

there was 1 more thing both companies have in common! the very, very strong financial results in Q1/2010 => lets hope for a better year 2010 even if  i dont think the last years 'financial crisis' is over ...

few pictures, lets start with bmw and lets hope my youngest daughter will help me 2 download the wacker pics from my mobile phone later/tomorrow (via bluethooth + her computer)

rolls royce, bmw, mini

me, test sitting in RR

factory, main administration building, museum

what a color! again an 'olympic' 1972 model as munich applies for the next winter olympics.

what a colors out there! me, looking outside of my office room instead of programming ... lol

what abt the last year's events? its easy, just follow these links: wacker + bmw.

addendum 05/24/2010: who's bigger and better? Audi (VW) or BMW?
well, at the moment seems audi to have much more success (esp. in terms of $$), in 2010 could bmw catch up a little bit as there are new models on the market (x1, 5, ...) and the fuel efficiency of the bmw fleet is better than its competitor's, but in the middle term will IMHO decide which brand will be able 2 produce environmentaly friendly cars (electric cars with battery/hydrogen power?) and as far as i know the former SAP director shai agassi in israel (in co-operation with renault) is going to win that race 😄

2 weeks on holiday ....

... and the financial markets survived also without my steady attention ... isn't it crazy? i wouldn't believe it :o)

well, we've been in slovakia + poland visiting my and my wife's family, our children had some pleasure to meet their cousins, aunts, uncles, grandpas + grandmas, so they welcomed the opportunity to speak polish ... i hope they will not forget that languauge completely when they get older ...

folks, SK + PL are quite cheap countries (especially when lodging @ family's houses :o), so i could invest some surplus money in few of my favorite stocks + 3 new companies:

• scorpio mining - Zn, Cu, Ag, Pb
• novagold - Au
• constitution mining - Au, Cu - new
• amerigo resources - Cu, Mo
• cardero res. - Fe
• penn west energy - oil, natural gas
• wacker chemie - chemicals, solar industry - new
• logitech - IT hardware - new
• barrick gold - Au

=> good luck, my lovely portfolio addendum!