Central Europe Investor,Inc.

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Welcome to Central Europe Investor:

We peruse the German language business press; providing information on Central European Stocks traded as ADRs in the United States.

                                                                                                          Dec. 28, 2010

         

      (Houston)  The Aug. 30, 2010 edition of the German magazine Focus mentioned two leaders in the industrial laser market. Rofin-Sinar (RSTI) and LPKF Laser. Trumpf could have been added as a competitor.  Trumpf, however, is a family owned company. LPKF Laser is traded in Frankfurt; not, however, in New York. Rofin-Sinar is traded on the Nasdaq (RSTI).  The stock has doubled in value since the article in Focus appeared.
     Rofin-Sinar is headquarted in Plymouth, Michigan and Hamburg, Germany;  with production facilities and sales and service offices, strategically located, around the world. Rofin is a leading laser equipment supplier for machine tool and automotive manufacturers, as well as, the semiconductor and medical device industries. Rofin has received numerous awards for their products and service from, among others, Intel  Corp.
     With sales approaching  a half billion Dollar a year. Profits are a healthy 8%. Sales are increasing, dramatically, with most of that growth taking place in Asia.
                       

  Wishing all of you: a happy and prosperous new year.
                     Centeuro.com   (Inc.)

 

 

http://www.rofin.com/

http://www.focus.de
                                                                                                          May 16, 2017
   (Houston) Recently, I received a letter from Commerzbank asking me to contact my banker, in Germany.
My banker informed me that Commerzbank no longer wanted to maintain securities accounts for Americans. 
Apparently, the bank does not want the expense of conforming to American tax law. 
   My portfolio included shares in Commerzbank. I would not have sold those shares, at this time. 
   The Commerzbank has gone through some harrowing times, during the course, of the last few years.
The German banking system, as a whole, is still troubled. Commerzbank, itself, has become profitable, inter-
est rates are on the rise.
The bank is after all, the second largest, in Germany.
    Perhaps, if I were to buy more shares, as ADRs, of Commerzbank, I'd 
look pretty smart, in a few years.