This is a purchase I have mixed feelings with. H&M was similar and so far it hasn’t served me too well but let’s see what the future brings. Europris ASA appeared too cheap to pass and I had the currency (NOK) already available from the Gjensidige exit, therefore I bought 1500 shares for 21,50 NOK per share. With this cost basis I can expect above 8 per cent yield which appears to be very high but also sustainable. I still haven’t made up my mind if this is a long term dividend investment or short/mid term capital appreciation play. This increases my debt level but not too much leaving me with multiple options going forward. I most likely will sell my stake on BHP Billiton at some point (due to the cyclical nature of it) for which I could currently offset the taxes by selling my not-so-succesfull stake in H&M. That would lower the debt level significantly but I can also manage the debt component with new capital.