SAVE THE DATE - Hypoport AG

ESN Top Picks
Blue Chips Top Picks
Company Country Sector Idea Rating
Price as of
07/05/2012
Target
Price
Upside/Dow
nside
Produced & Distributed by the Members of ESN (see last page of this report)
Entry date
Entry
price
Entry
price (Div.
Adj)
AHOLD Netherlands Food & Drug Retailers Long Buy 9.66 11.50 19% 11/01/2012 10.36 9.96 -3.0%
BNP PARIBAS France Banks Long Buy 30.21 48.00 59% 11/01/2012 29.58 29.58 2.1%
DEUTSCHE POST Germany
Industrial Transportation &
Motorways
EDENRED France Support Services Long
Long Buy 14.26 17.00 19% 11/01/2012 12.55 12.55 13.7%
Accumulat
e
Total
Return
Entry To
Date
23.38 25.00 7% 07/03/2012 19.36 19.36 20.7%
FERROVIAL Spain Construction & Materials Long Buy 8.49 13.60 60% 04/04/2012 8.24 8.24 3.0%
GALP ENERGIA Portugal Oil & Gas Producers Long Buy 11.19 18.70 67% 11/04/2012 11.42 11.42 -2.1%
GDF-SUEZ France Utilities Long Buy 17.26 28.00 62% 11/04/2012 18.22 17.55 -1.6%
K+S AG Germany Chemicals Long Buy 36.66 57.00 55% 18/04/2012 37.69 37.69 -2.7%
NORDEA Finland Banks Long Buy 6.47 7.80 21% 11/01/2012 6.14 5.88 9.9%
TERNA Italy Utilities Long Buy 2.83 3.30 17% 11/01/2012 2.76 2.76 2.5%
UCB Belgium Healthcare Long Buy 37.46 39.00 4% 11/01/2012 32.51 32.51 15.2%
source: ESN Members‟ estimates
M/S Caps Top Picks
Company Country Sector Idea Rating
Price as of
07/05/2012
Targe
t Price
Upside/
Downsi
de
Entry date
Entry
price
Entry
price
(Div. Adj)
ATOS ORIGIN France Software & Computer Services Long Buy 46.49 50.00 8% 12/01/2012 34.95 34.95 33.0%
CAF Spain Industrial Transportation & Motorways Long Buy 379.75 540.00 42% 12/01/2012 380.50 380.50 -0.2%
DCC Ireland General Industrials Long Buy 18.75 22.80 22% 12/01/2012 18.50 18.50 1.4%
DIA Spain Food & Drug Retailers Long Buy 3.54 4.51 28% 16/02/2012 3.53 3.53 0.2%
EVS Belgium Electronic & Electrical Equipment Long Accumulate 37.03 51.00 38% 12/01/2012 38.50 38.50 -3.8%
KEMIRA Finland Chemicals Long Buy 9.34 11.50 23% 05/04/2012 10.00 10.00 -6.6%
SONAECOM Portugal Telecommunications Long Buy 1.23 1.70 38% 12/01/2012 1.27 1.27 -2.8%
UNITED INTERNET Germany Telecommunications Long Buy 14.82 17.00 15% 05/04/2012 13.88 13.88 6.8%
WESSANEN Netherlands Food & Beverage Long Buy 2.07 3.50 69% 30/04/2012 2.28 2.28 -9.3%
YIT Finland Construction & Materials Long Buy 16.06 20.00 25% 12/04/2012 15.24 15.24 5.4%
source: ESN Members‟ estimates
Total Return
Entry To Date
This selection of stocks is not intended to provide a recommended portfolio; therefore there is no point in comparing its
performance with any benchmark. The performance of each stock has to be considered independently. Risk factors are
taken into account when selecting individual stocks but the risk profile of the selection as a whole is not considered. The
approach used to select each investment idea is opportunistic with an absolute return target.