Daimler was up after hours 1,3% on Friday. All eyes are now on Daimler on mondays and next weeks trading.
Based on a stockmarket prices at 70.41 Euro Daimlers Dividend Yield is 5,10%. Geely will recive a yearly divident payment by a half billion USD per year. This is more than enough to pay donw a 10 Billion loan slowly. Daimler is well known as an underpriced and undervalued asset. The Daimler story will add expactations that more M&A activites in Germany´s DAX stocks might show up now. This is a huge miss from BRIDGEWATERs perpective of view or depending od BRIDGEWATERs predictions.
China's Geely Buys $9 Billion Daimler Stake https://www.bloomberg.com/news/articles/2018-02-23/china-s-geely-is-said-to-be-buying-9-billion-stake-in-daimler
Geely builds $9bn stake in Mercedes owner Daimler
Latest expansion of ambitious Chinese carmaker behind Volvo and Lotus https://www.ft.com/content/68c57048-18c1-11e8-9376-4a6390addb44
It's Dalio Versus Everyone Else as Money Flows to Europe
I’m surprised. That’s a big bet. Dalio and his team are very confident,” said Rick Herman, managing director of asset allocation who helps oversee about $30 billion at BB&T Institutional Investment Advisors Inc. “That’s definitely out of consensus. European stocks are cheaper, and they also have stronger earnings growth.”
Anti-EU SURGE - Salvini REJECTS Five Star coalition
ANTI-EU party Five Star Movement is now the single largest party in the Italian election 2018 according to the latest exit polls as the nation takes one step towards anti-establishment and anti-EU parties leading the country.
Investors staged a near-record exodus from US stocks in February
Funds that focus on U.S. stocks saw investors withdraw $41.1 billion in February, according to market data firm TrimTabs.
The total was the third-largest ever and came during a month when the Dow industrials lost about 4 % https://www.cnbc.com/2018/03/06/investors-staged-a-near-record-exodus-from-us-stocks-in-february.html