First real purchase in the process of building a position on CapMan with a purchase of 320 shares bought for 2,27 EUR per share. More will follow during next few months unless something else comes up. CapMan serves a proxy for quite interesting sectors when we as societies are in the beginning of a major shift. As they but it:
At CapMan, we build better organised, managed, and financially stable companies, because this contributes to overall economic well-being. More jobs and innovations equal better conditions for the society. Similarly, we invest in real estate and infrastructure, because we believe that functional high-quality environments and utilities are cornerstones for functioning societies.
Most of all it is a dividend oriented company and therefore fits into my strategy as a potential combination of high initial yield and decent dividend growth. On top of that I suspect that there might be some real M&A possibilities in coming years which could lead to significant price appreciation. Recent insider activity is also a plus at this point.