Free Issue No. 13 of 18.06.2020
The recommendation of the share of the credit broker CEMBRA MONEY BANK has once again hit the mark.In the WIRTSCHAFTSINFORMATION of 7 May, we recommended buying the share below CHF 80. A week later, on May 14, we hit the mark at CHF 79.90. There was also some luck involved, as the share traded below CHF 80 on only 3 trading days and it did not fall much below that. We set the price target at CHF 100 and the time horizon at several months.The penultimate price target was still CHF 120, which in view of the crisis seemed too ambitious at +50%. As the stock markets continued to recover, things suddenly moved very quickly. Within a few days, the share price rose by over +10% and it continued to climb; under "normal" circumstances, this would have taken much longer! Such short-term gains are uncommon in calmer waters and often some consolidation follows.Ensuring a "quick" gain should therefore not be wrong. In the last ECONOMIC INFORMATION of June 4.June, we recommended a temporary sell limit of CHF 92 or better.On the same day, the share traded at a pleasing CHF 98.50, which triggered the sell and resulted in a realized profit of +23.3%. In principle, the quality of CEMBRA MONEY BANK is right, which is why we are considering a corresponding re-entry in the event of another price setback!
CEMBRA MONEY BANK N is listed on the SIX Swiss Exchange under the symbol CMBN, the security number is 22'517'316, last price approx. CHF 93.80.
