8Mon·

New purchase PayPal

Yesterday I shared my thoughts on PayPal $PYPL (+0.24%) and today, at the stock market launch in the USA, I got straight down to business and opened a first position.

I don't see PayPal as a growth monster, but rather as a value play:

Management change shows first fruits (catalyst for revaluation)
Free cash flow yield historically high
massive share buybacks (probably 7-8% of own shares will be bought back this year alone)
Solid and stable user base that can be further monetized

The moment after the short-term sell-off following the good quarterly figures seems favorable to me. We will see whether it goes down a bit further. There may still be an opportunity to buy more.

30.10

PayPal

Bought at €72.89

7 Comments

Sandy@DividendenMieze

8Mon

First everyone screamed SOS and now people are buying diligently 😅 I had so much stress with Paypal for ultimately 2k profit and now I'm leaving it alone. Better for my nerves 🤣

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Nico Uhlig@RealMichaelScott

8Mon

@DividendenMieze It's great if you recognized it early. Personally, I was happy to wait until the turnaround could also be seen in the share price. Congratulations on the early entry 😎

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But T.@But_the_Stock_Picked_Me

8Mon

@DividendenMieze I think you wrote some time ago that you were shifting more into ETFs. Are you sticking to your strategy? How are things going for you?

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Sandy@DividendenMieze

8Mon

@But_the_Stock_Picked_Me Yes, I have reallocated a larger sum. However, I still find the topic of shares exciting and have stuck with a few individual shares 😅 I think the stock market year went like gangbusters for everyone, so I'm also very happy 🤗 I still have cash to buy more, but am keeping my feet still for the time being due to the elections etc.

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ThemenmitKopf@topicswithhead

8Mon

Value play in any case, but I don't know if the management sees it the same way. If you keep the customers, cut costs and expand the offering, it's definitely a good stock.

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MHi_292@Valueformoney

8Mon

fully agree with your points - plus strong balance sheet/no net debt.

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Hennington Research@HennRes

8Mon

I've been a shareholder since last year and have predicted exactly these things :)
There's still something in the share

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