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To: Spekulatius who wrote (46041)12/23/2011 12:31:54 AM
From: E_K_S1 Recommendation  Respond to of 78748
 
Merry Christmas Clownbuck -

This story crossed the tape this AM. I thought it deserved a bit more research.

UPDATE 1-BMW buys more shares in SGL Carbon
in.reuters.com
Thu Dec 22, 2011 4:10pm IST
* BMW's stake in SGL now at 15.72 pct
* Has no plans to buy more in next 12 months
* Does not rule out buying more if opportunity arises (Adds comment, background)

What do you know about SGL Carbon. They seem to trade only on the Frankfort exchange SGL CARBON (Dusseldorf: SGL.DU ). BMW must think they are doing something right to up their holding to 15.7%.

Does SGL Carbon own a specific market niche? Are the world wide or just am important part of what BMW plans for the future. Seems like a big bet by BMW if they didn't have other intentions to JV with the company.

EKS



To: Spekulatius who wrote (46041)12/23/2011 11:45:48 AM
From: Paul Senior  Respond to of 78748
 
"The German and I suspect the whole European car market is tough right now"

Next year will be "very challenging" for Volkswagen, VW says. This year, not bad at all apparently:

washingtonpost.com