Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Xetra  >  Daimler AG    DAI   DE0007100000

DAIMLER AG

(DAI)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Daimler : China's Geely says it has not sold Daimler shares, denies Bloomberg report

share with twitter share with LinkedIn share with facebook
share via e-mail
0
01/12/2019 | 12:51pm EDT

China’s Geely Group said it has not sold any shares in Daimler AG, denying a Bloomberg report that the Chinese firm had slashed its 9.7 percent stake in the German carmaker by more than half. “As a long-term investor, Zhejiang Geely Holding has not sold any shares.

The Daimler shareholding remains unchanged,” a Hangzhou-based spokesman for Geely told Reuters yesterday. Bloomberg reported that Chinese billionaire Li Shufu’s Geely had sold a 5.4 percent stake, citing people familiar with the matter, but that the new owners of the shares were not known. The report comes as Morgan Stanley disclosed in a filing on Thursday that it had increased its Daimler stake to 5.39 percent from 0.34 percent on Jan. 4.

According to Bloomberg, Morgan Stanley is holding the shares on behalf of others. Daimler and Morgan Stanley declined to comment on the Bloomberg report. Li had picked up the 9.7 percent stake in Daimler in 2018, asking the maker of MercedesBenz cars to strike up an alliance to better counter the threat from upstart mobility companies.

His move rekindled German fears about high-tech know-how falling into Chinese hands and Daimler had initially balked at the prospect of an alliance, partly on fears it might alienate Mercedes’ existing Chinese partner BAIC.

(c) 2019 News of Bahrain Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

Stocks mentioned in the article
ChangeLast1st jan.
DAIMLER AG 0.76% 46.915 Delayed Quote.1.33%
MORGAN STANLEY 0.70% 44.77 Delayed Quote.13.17%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on DAIMLER AG
10:10aSTARTUP AUTOBAHN : into the seventh round with "THE NEXT GREEN THING"
PU
07/15DAIMLER : Thomas Built Buses Offers New Type C Propane Option
AQ
07/15DAIMLER : A warning sound is mandatory for electric vehicles
PU
07/15DAIMLER AG : Release according to Article 40, Section 1 of the WpHG [the German ..
EQ
07/14DAIMLER : 2019 British Grand Prix - Sunday
PU
07/13DAIMLER : 2019 British Grand Prix - Saturday
PU
07/13Trump administration freezing fuel efficiency penalties
RE
07/12DAIMLER : German Federal Minister for Economic and Energy Affairs Peter Altmaier..
PU
07/12DAIMLER : 2019 British Grand Prix - Friday
PU
07/12EUROPE : Swiss stocks keep a lid on European shares as pharma drag lingers
RE
More news
Financials (EUR)
Sales 2019 171 B
EBIT 2019 10 574 M
Net income 2019 7 424 M
Finance 2019 12 448 M
Yield 2019 6,34%
P/E ratio 2019 7,15x
P/E ratio 2020 6,39x
EV / Sales2019 0,22x
EV / Sales2020 0,22x
Capitalization 49 769 M
Chart DAIMLER AG
Duration : Period :
Daimler AG Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends DAIMLER AG
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 31
Average target price 55,0  €
Last Close Price 46,5  €
Spread / Highest target 82,7%
Spread / Average Target 18,2%
Spread / Lowest Target -24,8%
EPS Revisions
Managers
NameTitle
Dieter Zetsche Chairman-Management Board
Manfred Bischoff Chairman-Supervisory Board
Bodo Knut Uebber Chief Financial Officer
Frank Lindenberg Head-Finance & Controlling
Clemens A. H. Boersig Member-Supervisory Board
Sector and Competitors
1st jan.Capitalization (M$)
DAIMLER AG1.33%56 196
TOYOTA MOTOR CORP11.81%179 048
VOLKSWAGEN AG11.00%86 498
GENERAL MOTORS COMPANY17.67%54 509
BMW AG ST-5.71%47 561
HONDA MOTOR CO LTD1.68%46 211