mwb research AG

We are pleased to invite you to the following event: SYNBIOTIC Roundtable with CEO Daniel Kruse Tuesday, November 05, 15:00 CET SYNBIOTIC SE is a leading German listed company focusing on hemp, cannabis and cannabinoids. The company is pursuing a pan-European buy and build strategy and plans to become a leading hemp platform for R&D, production and distribution of hemp and cannabis products. This includes pharmaceuticals, cosmetics, nutrition and supplements as well as lifestyle products. Please register here: research-hub.de

mwb research on the road - last week we attended the Hydrogen Fair in Hamburg. After overcoming the first obstacle: getting into the fair (as there was a protest by climate activists blocking the entrance), we gained valuable insights by seeing various hydrogen technologies first hand. This included products from many companies in our coverage, Siemens Energy, FRIEDRICH VORWERK Unternehmensgruppe, Enapter (via H2 Core Systems GmbH) and Wolftank Group. The show was very well attended and confirmed our view that there is still a lot of interest in hydrogen and that the outlook for the sector remains bright. If you are interested in this space - please check out our research on these companies, freely available on ResearchHub: www.research-hub.de

Gestern hatten wir das Vergnügen, das mwb inspired Event in der HANSE LOUNGE auszurichten. In diesem inspirierenden Rahmen trafen Hamburger Investoren, Unternehmer und Journalisten aufeinander, um Geschäftsmodelle und aktuelle Entwicklungen zu diskutieren und Networking in entspannter Atmosphäre zu betreiben. 🤝 Ein großes Dankeschön 🙏 an alle Teilnehmer und insbesondere auch an die Keynote-Sprecher von Basler AG (CEO Dr. Dietmar Ley), AUTO1 Group (Group Treasurer und Head of IR Philip Reicherstorfer), FRIEDRICH VORWERK Unternehmensgruppe (CFO Tim Hameister) und Hawesko Holding SE (CFO Hendrik Schneider). Die nächste Ausgabe von mwb inspired veranstalten wir am 14.11. in Frankfurt. 🏦

Volljährig! 💪 Heute werden wir, die mwb research AG, 18 Jahre alt. 🎂 Am 10.10.2006 wurden wir als SRH AlsterResearch AG durch Eintragung in das Handelsregister B des Amtsgerichts Hamburg ins Leben gerufen. Fun facts: 1) Unser Gründer Clemens Schlöter (das „S“ in SRH AlsterResearch) war auch Mitgründer der SES Research, die später an MM Warburg verkauft wurde. Wir sind Brüder! 🤜 🤛 2) 2006 wurden auch Spotify und Twitter, Inc. gegründet. Ein guter Jahrgang für Tech-Unternehmen. 🤓 3) In 2020 unser Pivot ↩: vom White Label-Produzenten ohne Perspektive zum unabhängigen Research-Haus mit eigenem Branding und der ersten offenen Research-Plattform Deutschlands. Damals nur eine Vision, heute Realität. ✅ 4) Nachdem sich Twitter im Juli 2023 in X umbenannte, zogen wir März 2024 nach: aus SRH AlsterResearch wurde mwb research. Und wir rückten näher an unsere langjährige Begleiterin und Partnerbank mwb fairtrade AG. 🤗 Auf unserem Weg zur Volljährigkeit konnten wir viele Erfolge feiern 🎇, mussten aber auch einige Rückschläge 😰 hinnehmen. Das schweißt ein Team zusammen, und unser Dank geht an unsere tollen Mitarbeiterinnen und Mitarbeiter, und ausdrücklich auch an unsere Kunden und Geschäftspartner! Nächster Meilenstein: 10.10.2027, dann dürfen wir auch in den USA Bier trinken. 🍻

TRIPLE WHAMMY: 3 initiations in the last few days 😊 bringing the total number of new coverages in the last 4 months to a whopping 14! Great work from our analysts who continue to go above and beyond the call of duty 👏. With more than 110 companies from the DACH region now under our belt, we continue to extend our lead as the go-to platform for high quality, free access research in this space.     We are excited to welcome these new members to our universe: ➡️ Amadeus Fire AG - Niche market temping and training specialist; Initiate BUY (Price target: Euro 117 / Upside: 26%) ➡️ Bauer AG - Successful turnaround; Initiate with BUY (Price target: Euro 12 / Upside: 90%) ➡️ Nagarro SE - Waiting for real demand recovery; Initiate with BUY (Price target: 107 Euros, Upside: 22%) The full reports on these initiations and more than 100 other interesting companies from the DACH region can be found here: www.research-hub.de

And here we go again 😊 … our 11th initiation this summer just got published. A big thank you to our analyst team 👏 for their tireless efforts to continuously expand our coverage and a warm welcome to the newest addition to our research universe: Rheinmetall AG – Armor-plated profits, Initiate with BUY (Price Target: Euro 645.00 / Upside of 24%) ➡  Rheinmetall AG is a leading German defense and automotive technology company, specializing in military vehicles, weapons, ammunition, and electronic solutions. ➡  The company is strategically positioned to benefit from the significant increase in defense spending across Europe, driven by heightened geopolitical tensions and a substantial budget expansion in Germany. ➡  Rheinmetall's robust presence in NATO markets, coupled with its ongoing expansion in the US, positions it well for sustained growth. Its efforts to internalize key production capabilities such as nitrocellulose and its focus on high-demand segments such as ammunition and military vehicles further enhance its investment appeal. ➡ Key triggers include potential defense contract wins in the US (EUR 54bn) and Italy (EUR 20bn), increased EU defense budgets and the successful implementation of new production initiatives, all of which could lead to significant upside to our current estimates. You can find the full report on Rheinmetall and more than 100 other interesting companies from the DACH-region here: www.research-hub.de

“Short sellers: should we pay attention?” – if you are looking for interesting insights on short sellers, look no further 😊 In our recent screener, we are taking a closer look at bear sales and short interests. The succinct analysis looks at the following issues: -          Short sellers are well-informed, confident and bold. But are they right? -          Distribution of current short interest in our coverage -          A closer look at our top 15 most shorted companies (top 3 are Hugo Boss, Hello Fresh, and Lanxess) You can access the brief directly on ResearchHub at: https://lnkd.in/dZq9Y6gn What are YOUR general thoughts on short sellers or specific ideas on short interests in German stocks? Please share 👍

“Short sellers: should we pay attention?” – if you are looking for interesting insights on short sellers, look no further 😊 In our recent screener, we are taking a closer look at bear sales and short interests. The succinct analysis looks at the following issues: -          Short sellers are well-informed, confident and bold. But are they right? -          Distribution of current short interest in our coverage -          A closer look at our top 15 most shorted companies (top 3 are Hugo Boss, Hello Fresh, and Lanxess) You can access the brief directly on ResearchHub at: https://lnkd.in/dZq9Y6gn What are YOUR general thoughts on short sellers or specific ideas on short interests in German stocks? Please share 👍

We just published our 10th initiation in 3 months – keeping up the pace 😊. We are very happy to welcome a new member to our coverage family and are proud of our analysts for going the extra mile despite the vacation season: Elmos Semiconductor SE – Outmaneuvering Giants, Initiate with BUY (Price Target: Euro 105.00 / Upside of 33%) Elmos Semiconductor SE designs analog mixed-signal integrated circuits primarily for the automotive industry. With 40 years of expertise and more than 1,300 employees, this German company holds leading global positions in various automotive applications, including ultrasonic ranging, ambient and rear lighting, and more. You can find the full report on Elmos and more than 100 other interesting companies (including several names from the semiconductor space like AIXTRON SE, Infineon Technologies, SUSS MicroTec, Kontron etc.) here: www.research-hub.de

Our 2nd GERMAN SELECT CONFERENCE this year was a complete success. A total of close to 200 participants digitally met with 10 very interesting MDAX and SDAX companies. This NOT ONLY underlines our broad reach among investors and how well our online format is accepted by the market, BUT ALSO that German small and mid caps are still very much on investors’ agendas 😊.   In case you missed it: don’t worry. You can view the recordings of the presentations (+ register for future events and browse through exciting research on more than 100 companies from the DACH region) on ResearchHub at: www.research-hub.de   A big thank you to all parties who participated and especially to: AIXTRON SE, Ralf Penner, Senior IR Manager AUTO1 Group, Philip Reicherstorfer, VP Treasury and IR CEWE Group, Axel Weber, Head of IR Fielmann Group, Ulrich Brockmann, Head of IR Gerresheimer, Guido Pickert, VP Corporate IR HORNBACH Holding AG & Co. KGaA, Anne Spies, Senior IR Mana Hypoport SE, Ronald Slabke, CEO, and Jan Pahl, Head of IR INDUS Holding AG, Dafne Sanac, Head of IR NORMA Group, Guido Grandi, CEO, and Sebastian Lehmann, Head of IR & CSR Verbio SE, Alina Köhler, Head of IR