I just bought/sold (Part 7)

Sold Xtrackers Eur Corporate Bond ETF 30 pcs @159.1
I put money into this as a stash due to lack of ideas and relying on the continued decline of European interest rates. Held for three months, just under 2 percent return.
The money will likely move to stocks.

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Optomed addition 120 units, average price 4.78€
Don’t know whether to hope for it to rocket or to flounder so I can buy more in peace.

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Tesla position sold @$400. We were in it for 1 month. Profit 30.66% :partying_face:.

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I sold Gofore shares from my equity savings account at a couple of percent loss @ €22.2. A good company and will remain on my watchlist, but I needed money to buy Uber, so this one had to go.

New to the portfolio: Uber @ $65.42.

Reasoning: a quality company with an industry-leading platform service, ~4.5% cash flow yield (3% if stock-based compensation is considered), and I believe there’s still a long growth journey ahead. There are many risks, of course (Tesla’s robotaxis, etc.), but I believe that a leading transportation platform with 161 million monthly users has its place in the future. One wouldn’t get this cheap if the future were bright and clear, but I believe that neither Tesla nor any other player will completely take over this market, and that Uber also has its place in the world of autonomous driving.

At the same time, with the last of my spare cash, an addition to Games Workshop @ 13900 GBX.

Now, in my opinion, the portfolio is in such good shape that it hardly needs immediate attention.

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HIMS news is over, but let’s take advantage of the discount.

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I did something quirky: I opened a position in Musti at €19.90. Portuguese Sonae has announced that it will settle for a stake of just over 80% in the company, as it did not reach the 90% required for a squeeze-out. Insurance company Varma has acquired almost a 10% stake in the company, continuing its purchases even in September. The squeeze-out price in the tender offer for the shares was €26.10, and this was already paid in March to those who surrendered their shares. Now, as I understand it, the compensation obligation period is over (I’m not entirely sure about this), meaning in practice Sonae might be able to offer Varma more than €26.10 for its stake. Musti abandoned its dividend policy already in the spring, so the hope now is mainly that Varma will enter negotiations and get a better price for its shares, enabling Sonae to delist Musti from the stock exchange. Of course, even the original price with a 30% return would be fine for me. However, whether Sonae wants to delist it from the stock exchange is another matter entirely. Well, in that case, I’ll remain a Musti owner and monitor the situation. My own guess, however, is that something will happen within two years, in which case the expected return will be quite good for me. Don’t try this at home, as I might have fundamentally misunderstood something :slight_smile:

Here’s the shareholder list: Osakkeenomistajat - Musti Group

Also, note the Kaatuneiden muistosäätiö (Fallen Soldiers’ Memorial Foundation) at position 10; they’ve been involved with those 9400 shares almost since the IPO, not giving an inch, Kollaa holds!

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Added IREN Limited (IREN) at the dip 13.80 $
JPmorgan raised the target price from 9.5 to 15 dollars, but adds from neutral level, confusing…

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I added 80 shares of Kojamo at €9.17, doubling my holding. That should be enough for now.

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Added another third of Intrum @ 25.24 SEK :sweat_smile:

Now fingers crossed and waiting for better times :face_with_peeking_eye:

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Bought

Immediately at the open, part of Valmet hit stop-loss :frowning:

At the same second, these into Fodelia :slight_smile:

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Nordea returned to buying prices, 400 shares at €10.60.

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Rapala Oyj. A couple of opening lots yesterday and today, from around two euros.

I don’t believe in the stock’s rise yet either. In my own analysis, the stock is at an all-time low, in an oversold state, and shunned by all investors, without any positive outlook.

The stock could theoretically rise after tax-loss selling ends or during a January rally, if such a thing still occurs.

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Rapala has found a support level around 2€, so I’ve picked some up slightly below that for the Christmas/January rally

https://keskustelut.inderes.fi/t/tekninen-analyysi-ei-kyselyita/654/7064?u=kettunen

My lottery line is full for now: Dovre, KH Group, Oriola, Robit, Rapala
Let’s see if I’ll add any more numbers :thinking:

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I dumped Neste as a tax-loss sale with a loss of over two thousand euros at a price of €13.45.

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Another grand’s worth of Intrum. Yesterday I could have gotten it cheaper, but let’s go with the sentiment now. I won’t hit the bottom anyway, unless it’s bankruptcy and 0e. :slight_smile:

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Buys for the Share Savings Account: Nordea back at 10.61 and Orion B new opening at 42.7.

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Added 400 shares of Kamux, hopefully to a rising share price at some point. I justify the purchase this time by the fact that the company’s management is already under pressure to succeed, so results practically have to come.

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Six Faron units :laughing: Yes, all six. I got a suitable round number for my portfolio. And since those six will soon be ten euros each, the deal was excellent, as I bought them for a good two euros and some fool sold :face_blowing_a_kiss:

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Fluence Energy returned to the portfolio, at least for now.

The convertible bond announcement caused a solid -10% drop. The terms, however, should be good.
https://keskustelut.inderes.fi/t/fluence-energy-inc-flnc-energy-storage-solutions/49899/23?u=kettunen

A couple of tranches at an average price of $16.26 and stop-losses set.

Now, buckle up and let’s see how the nerves hold up on this rollercoaster this time :roller_coaster:

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Got a bit more HIMS. Apparently, they haven’t yet bothered to go through the grants, waiting for that.

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