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Is Lurssen a public company?

Discussion in 'Lurssen Yacht' started by fish14, Jan 24, 2006.

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  1. fish14, Jan 24, 2006
    #1
    fish14

    fish14 New Member

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    is lurssen a publically traded company? and do u kno any others
  2. Rene GER, Jan 25, 2006
    #2
    Rene GER

    Rene GER Senior Member

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    Can you explain me more, what do you mean? Has your question anything to do with the legal form?
  3. Billy1119, Jan 25, 2006
    #3
    Billy1119

    Billy1119 Senior Member

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    What he means is - is the company traded on an open market or exchange allowing an individual to invest in the company by buying stock or other securities.
  4. Rene GER, Jan 25, 2006
    #4
    Rene GER

    Rene GER Senior Member

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    I hope I understand you right:

    I don't think so, because Lürssen is owned by the founders family.
  5. foundrycourt, Jan 25, 2006
    #5
    foundrycourt

    foundrycourt New Member

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    Blohm and Voss and HDW are a listed company, under parent ThyssenKrupp, I believe they are listed on German stock exchange.
  6. Rene GER, Jan 25, 2006
    #6
    Rene GER

    Rene GER Senior Member

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    The ThyssenKrupp AG is listed in the DAX (Deutscher Aktienindex. Translation: German share index) This is the index of the 30 biggest companies in Germany.

    Lürssen is not listed, because they are not a Aktiengesellschaft.
  7. foundrycourt, Jan 25, 2006
    #7
    foundrycourt

    foundrycourt New Member

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    Thanks Rene, I was just trying to find the abreviation, (DAX)
  8. fish14, Jun 2, 2006
    #8
    fish14

    fish14 New Member

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    thank you helped immensely
  9. Loren Schweizer, Jun 2, 2006
    #9
    Loren Schweizer

    Loren Schweizer YF Associate Writer

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    Fish 14, do you want to invest in a boat co.?

    Try something you can keep an eye on locally, like Marinemax.
    They are gobbling up a lot of blue chip US boat builders and are listed on the New York Stock Exchange.
    Trading at around 30 bucks a share, they appear to be at one of their low spots and positioned to bounce up into the upper 30s.
    Good earnings & revenue, plus a P/E of 16 means it's a value relative to the SP500's typical offerings.

    Wonder what a Lurssen stock certificate would look like, though.