Conti -Continental Tires

[adykovqdit]

I have a close friend of mine who is in Germany and he gave me an idea of trying some investment over there. he also owes me some money, so I asked him to invest in there. He gave me some names and I will try to come up with more information on them]

Continental tires are a well known name in the automotive world. They are going to be enlisted in DAX index.

I did some primary research on this company. As I heard, Conti is going to be in DAX index. Now there are 30 members under this DAX index. Continental is going to be a sponsor of World Cup 2014, too http://www.stockrants.com/forum/web/smilies/grin.png

The stock price is going up and is expected to go up for some time. Let the chats speak:

http://img692.imageshack.us/img692/5538/conti1.png (http://imageshack.us/photo/my-images/692/conti1.png/)

[Akimtiuvd]

Continental (Conti) has several strategic business groups under its umbrella. Continental group enjoys backing by Schaeffler group. Schaeffler has aided Continental's powertrain division to bounce back. After extremely successful quarters, Continental has aimed for bigger target of €32.5 billion in sales. The sales figure of 2011 was better than that of 2010. In the recent times,

Continental has gained trust from automakers like Fiat/Chrysler as they are going to put Conti's infotainment system in their production cars made in Czech Republic and Mexico.

I found a good table in Continental's website showing the numbers for 2010 and 2011. They are doing good! Here is this:

[aggieCub]

As said in the above article, now it is official. Continental tires (Conti) is returning to the DAX. Bloomberg Businessweek reported (link)) (http://www.businessweek.com/news/2012-09-05/continental-returns-to-benchmark-dax-after-schaeffler-recovery) that Continental achieved a triple fold increment in market capitalization since 2008. The return to DAX after a 45 month absence is a good example of fight back on Continental's part.

The change of composition of DAX index will be effective on Sept. 24

[Alekseysank]

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