Uncle immediately emptied his entire Sampo portfolio at the opening, at €47.20 a piece! ![]()
Why, you ask? Well, Uncle’s quick analysis last night didn’t like the fact that Sampo is getting rid of its cash cow Nordea and generously distributing capital repayment/dividends from it. Sampo’s size and consequently its share price will then shrink at the same pace…
The only consolation was a quick profit of €11 per share made in a few months
And yes, taxes will be paid, but Uncle has always been a so-called happy taxpayer when paying from profits ![]()
Uncle Masse, FA, Sampo will fit into the portfolio again at the €36 level ![]()