Acquisition was done at EUR 12 Million for 100%
Sales for 2020 was at EUR 26 Milion
2019: 24M EUR
2018: 22M EUR
Geographical locations where Thalerec were operational: Germany, other countries of Europe, Asia, USA
Acquisition was done at EUR 12 Million for 100%
Sales for 2020 was at EUR 26 Milion
2019: 24M EUR
2018: 22M EUR
Geographical locations where Thalerec were operational: Germany, other countries of Europe, Asia, USA
Mkt seems to be liking the acquisition . HLE up 13% today.
HLE SEEMS TO BE PROVING THE ADAGE OF BUYING GOOD COS WHERE PROMOTER IS ETHICAL & EXECUTE WELL ,OPP SIZE IS GOOD & INCREASING, WITH GOOD MARGIN OF SAFETY & THEN DO NOTHING. Seem like a typical Terry Smith stock
Discl- Invested since last few years
https://www.thaletec.com/unternehmen/ueber-uns/
A good video on HLE latest acquisition Thaltec
Am invested in this company for some time. What intrigues me is why mutual funds or DIIs are NOT invested in it. Cant seem to find a reason. Perhaps someone can throw some light on this
One of the reasons is that HLE’s float is small and the reason why MFs and DIIs are not in it. They could take a position however will find it difficult to exit their positions as that will move the price significantly.
HLE Glasscoat Split date announced . Split date is 19th October .