Month: December 2018

Minimal maintenance purchase for secondary growth/risk portfolio with a purchase of 100 Loudspring shares for 0,33 EUR per share. There has been some small insider activity lately but other than that not much has changed. This is a make it or break it position for which the results will be judged in 10-20 years.

Last weeks have been intense in various markets. FED increased rates yesterday and sent stock lower. Same trend continued today I we are seeing unusually high yields here and there. I decided to deploy some money and subsequently returned to the exposure level I had before selling the Norwegian dividend holdings. AT&T is an existing core holding covering US telecom sector and also streaming & content. Current valuation comes with an usually high yield and recent raise as a cherry on top. Philip Morris is bit more problematic. Original thesis was the exposure to lucrative vice business and possibilities for weed additions. We haven’t seen the latter yet but maybe we’ll get there. There are some possibilities with iQOS and co-operation with other companies in the sector. At least the business should be very recession resistant and comes with unusually high yield. Apple on the other hand is a core holding covering technology, services and especially high margin consumer products. The stock has dropped lately due to trade war tensions, slowing sales and patent disputes. I chose to take all that as a short term noise – long term case is still there.

• bought 50 shares of AT&T for 28,50 USD per share
• bought 20 shares of Philip Morris Inc. for 69,80 USD per share
• bought 10 shares of Apple Inc. for 159,99 USD per share

Apple has been dropping lately. Sure they might not grow ever again, sure the iPhone market could be fully saturated and all that. Let’s see in a decade or so. I bought additional 10 shares for 169,51 USD per share. They must hate this down trend with the buybacks and all…

Everything has been trading in red lately. Everything includes Nordea Bank among others. Sure there are risks everywhere at the moment but I decided to buy additional 100 shares for 7,683 EUR per share. I still expect a significant dividend increase next spring which would bring the yield close to 10%. Re-location to Finland is probably affecting the valuation as well during the ongoing and next quarter as indexes are re-balanced.

Planned repurchase of the recently sold NEL shares with 700 shares bought for 4,28 NOK per share. Position is now 5000 shares – half of the planned size – but filling up the position might take some time. Current market sentiment is such that we are likely to see even extreme volatility. Therefore it’s possible that I’ll also end up deploying significant sums of money in the primary dividend portfolio. US market is down today so it will be interesting to see what happens tomorrow in Helsinki exchange as it’s closed today due to independence day celebrations.