1&1 Trades

[moritz]

Trades of 1&1 Stock. Feel free to post your trades or discuss your outlook.

[moritz]

I increased my 1&1 position by 50% at a price of 10.94 EUR following a national roaming agreement with Vodafone. I will continue reflecting on this decision and might adjust it soon.

1&1 Vodafone Deal

SI=10%+, I=10 Very important news from 1&1. They reached a binding preliminary agreement with Vodafone for a long term national roaming partnership. The contract starts at least by 1. Oct. 2024 and will last 5 years. 1&1 has the right to renew it 2 times for an additional five years and there will be a three year transition period after the contract ends. This means the contract can last until 2040 if 1&1 draws its renewal options. 1&1 will have full access to Vodafone’s network including 5…

[moritz]

A preconfigured sell order went through to sell half of the new 1&1 shares at 12.10€. Given that Q2 2023 results were slightly worse than expected (slower network buildout) and there is no news yet about the Vodafone deal I did not attempt to buy the shares back.

We will get more Info at today’s conference calls at 13:00 German time. Stock will likely continue to stay volatile.

[moritz]

Insights from the 1&1 conference call have been good and cleared some of the concerns. I increased the position again at 12,88€. It is now 2/3 larger than before the new deal with Vodafone.