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Re: SaltyMutt post# 3615

Thursday, 02/02/2017 9:24:42 PM

Thursday, February 02, 2017 9:24:42 PM

Post# of 3966
Achtung mitbewerber! So I decided to take the plunge in some more pricey stuff, but I believe DB (Deutsche Bank) has a lot of upside potential. Been watching and should have bought a while ago when it was around 12.00. Most of last year's losses were due to fines for bad behaviour (just like their compatriots VW and Bosche), but they are otherwise solid and have a BV of approx $50 (where it traded in 2014). The CEO's guidance is that they will be back to profitability in 2017. They are trading at $19.70+/- a few pennies (pfennigs). This is Germany's largest bank and Frau Merkel will not let it fail.


...take a little trip, take a little trip, take a little trip with me...

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