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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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23541912 No.23541912 [Reply] [Original]

And bought a ton of pic related yesterday/today?
22% drop for Germany's most valuable company because of pandemic-related, short term correction of earnings. Literally free money.

>> No.23541927

You like carching falling knife don't you?

>> No.23541956

>>23541927
Already 5% up from my buy in price and 40% up on my x8 leverage.

>> No.23542387

>>23541912
SAP is a boomer tech anon..

Saying it’s due to pandemic but it’s actually due to other players in the field.

It’s like buying Shell or BP when everyone already shifted to Tesla

>> No.23542585

>>23542387
yes its a boomer tech but its not going away anytime soon

>> No.23542779

>>23542387
SAP is as indispensable as Google or Microsoft these days, almost all mayor companies leverage their ERP systems. I wouldn't have bought them before the dip, but at these prices they're a no brainer.

>> No.23542918

>>23541912
literally stealing at these prices!

>> No.23543623

>>23542387
Its very innovative and has seen sustained growth over the past decade unlike Oracle. It's also one of the few tech companies NOT run by a boomer. The CEO is a 39 year old high IQ German.

>> No.23543698
File: 367 KB, 1200x1595, Vigee-Lebrun–Julie-Lebrun-as-Flora.jpg [View same] [iqdb] [saucenao] [google]
23543698

>>23541912
As someone who has used their products in a professional capacity I'd like to inform you that they are slow as shit and the interface looks like windows 2000. They have been coasting on their old homework for 20 years.

>> No.23543730

Thanks OP
Just bought 5 shares. Seriously.

>> No.23543744

>>23543698
The only reason I didn't buy this dip yesterday is because I sincerely hope it will be replaced asap.

>> No.23543763

I sold it for 130€ this year, for >90€ it might be interesting, but generally its better to avoid german stocks

>> No.23543799

>>23543763
> he didn’t ride the Northern Data AG pump & dump

>> No.23543831

>>23543763
y

>> No.23543842

OP caught holding some heavy af bags.

>> No.23544030
File: 295 KB, 1080x855, Screenshot_20201027-085738_Chrome.jpg [View same] [iqdb] [saucenao] [google]
23544030

>>23543623
This. 39y/o CEO with a clear strategy to modernise their business model towards a cloud based provider instead of selling licenses. It's a compfy hold.

>>23543763
I generally agree on German stock being subpar (I'm german), but SAP is the shining exception in Germany's tech field.

>>23543842
Entry is 97€, nice try.

>> No.23544040

>>23543698
Lmao this, the hate I get when filling the timesheet, leaving one field off and having to manually delete each line in a non-resizeable window

>> No.23544049

it's coming way down, I'll pick up at 60

>> No.23544051

>>23542387
lol.........

>> No.23544089

>>23542585
It is already happening, Salesforce as example.
My previous company was also removing SAP and transitioning to 21century tech

>> No.23544107

What will John Wolpert talk about with baseline protocol and SAP in like 29 hours?

>> No.23544286

Subtle Lition shill thread

>> No.23544316

>>23541912
this is boomer software and will be obsolete in less than 10 years

>> No.23544539

>>23544316
you underestimate how hard is to get rid shitty boomer tech

>> No.23544706
File: 19 KB, 400x400, 1602366537598.jpg [View same] [iqdb] [saucenao] [google]
23544706

>>23541912

Literally every company i know push off SAP from their systems.
I worked 3 years with it and its absoluetly cancer.
Its literally Some Excel sheets put together.

>> No.23545347
File: 19 KB, 290x239, 290px-Psyche_revived_by_cupid's_kiss,_Paris_2_October_2011_002(1).jpg [View same] [iqdb] [saucenao] [google]
23545347

>>23544706
Worse than excel imo. Excel has come along way in 20 years but SAP has not.
>>23544040
God yes the time sheets and God help you if you need to submit an expense report. I got so frustrated I would email the accounting person with my receipts and make them do it.
>>23543744
Fair enough, anon. It's your money and I do wish you well. I just wanted you to know what I know.

>> No.23545385

>>23544316
>huge business ERP
>best procurement for big business
>real time database, AI driven insights
>huge acquisitions the past 5 years including qualtrics
>strong partnerships with Amazon and Microsoft
>"obsolete"
cope

>> No.23545396

>>23542585
people say the same thing about IBM

>> No.23545411

>>23545396
IBM is a shitter stock with incredible amounts of financial engineering, it should be down 80% without it.

>> No.23545426
File: 59 KB, 720x960, 1531142661429.jpg [View same] [iqdb] [saucenao] [google]
23545426

Investing in DAXX

>> No.23545437

>>23545385
Clearly you have never worked in tech if you seriously believe the “AI driven insights” meme

>> No.23545446

>>23545437
Investors do, thats all that matters.

>> No.23545460

>>23545446
-22%

>> No.23545497

Mendix is the future

>> No.23546143

>>23544539
no i don’t, im conservative even. this should be obsolete already but it’s still being used for habit reasons and because everyone else does it. it sure takes a while but as soon as other options become a lot cheaper and better things move fast. this is about to happen and they know it, don’t think they can compete with new tech. ofc some smaller companies might still use it but who cares

>> No.23546288
File: 163 KB, 559x745, 68B4EA11-D4A8-407B-A71C-31358254E31F.png [View same] [iqdb] [saucenao] [google]
23546288

>>23541912
Is this a Lition thread?

>> No.23547072

>>23544286
Kekked.
>>23546288
Yes fren, Lition is going to revive SAP stock.
Soon SAP will be a leverage play on Lition.

>> No.23547146

>>23546288
Yes.