Deutsche Bank
Deutsche Bank
Coordinates: 50°6′50″N 8°40′7″E / 50.11389°N 8.66861°E / 50.11389; 8.66861...
buying clearly directors five million month past positive pounds shares spent total
Five of the directors have spent a total of 1.1 million pounds buying shares in the past month ... so they clearly feel some positive things are happening.
actual evident export growth note order recent
It is important to note that the divergence between actual export growth and export order growth has become increasingly evident in recent months.
economy economy-and-economics global high impact major oil prices
High oil prices and their impact on the global economy are a major risk.
massive period
There would be a massive period of uncertainty.
expect fueled solid strong subscriber
Once again, we expect a very solid quarter, fueled by strong subscriber growth.
activity banking declining due lower principal private reason securities
In our private banking division, declining securities revenues due to lower activity in the U.S.A. was the principal reason for lower profits.
cash despite flow remain returned strong time
Despite these negatives, a strong cash flow has ensured that monies returned to shareholders remain at all time highs.
british companies energy european exposed power wholesale
Companies exposed to European wholesale power prices, especially British Energy and E.ON, should benefit.
asia believe demand despite elsewhere evidence growth higher oil relative somewhat
Oil demand elsewhere in Asia has slowed somewhat relative to 2004, but is still growing. Despite some evidence that demand growth has been impacted by higher prices, we believe this is temporarily moderating demand.
balance demand expect extremely fact low major natural needed oil pressure snow stocks
By first snow we expect extremely low stocks of heating oil and natural gas, with major pressure on refineries that need to (have maintenance). The fact is, some demand destruction is needed to balance this market.
price profits share strong
Take profits after a very strong share price run.
attractive entry opportunity price recent share weakness
After the recent share price weakness we see an attractive entry opportunity now.
clearly european remains upside
The valuation of European equities remains supportive, but the upside is clearly shrinking.
clear demand evidence sales
Sales show no clear evidence of demand destruction.