Philipp (@DerAkti0naer) on getquin

9Mon·

What do you think of Deutsche Pfandbriefbank $PBB (+0%) ?

I still have it in my portfolio at the moment, but I'm about to sell it. It seems to me that it is no longer finding a bottom... 🙄

17 Comments

Chandra@Chandra

9Mon

- Being a real estate financier in a real estate crisis is just not that great. You can emphasize as often as you like that you are still making a profit...
- Have made very high provisions to be prepared for possible defaults -> dividend will probably be cut. (The share price doesn't like that), but we won't know more until March...
- Have received a sell rating from someone (google helps those who want to know more...). (Does not like the share price)
- Is extremely shorted (the share price only likes it when the shorts have to be closed)

Conclusion: You have to decide for yourself. PBB press releases dated 7.2.24 and 8.2.24 could help you decide. (They are very short, you can definitely invest the 5 minutes)
Link:
https://www.pfandbriefbank.com/medien/pressemitteilungen.html

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Nico Uhlig@RealMichaelScott

9Mon

I quote @DonkeyInvestor: "Is doomed"

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Mac M.@Kronos_

9Mon

Actually an attractive dividend👍

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FlexXandy@FlexXandy

9Mon

I think there are better alternatives

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Roman@Roman_moed

9Mon

I want to buy the share when it has calmed down.

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Saschko@WarrenamBuffet

9Mon

It hasn't found a bottom for umpteen years?

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Sparfuchs@Reinecke

9Mon

Keep them, the shorts are already going back. If you don't have any yet, look for something nicer.

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Dividenden-Penner@Dividenden-Penner

9Mon

Buy the dip! I doubled my position this week. Even if there is a bit of a real estate crisis in the USA, Pfb still has other lines of business and a decent cushion for loan defaults. So you can sit it out and look forward to dark green price gains in a year's time 🤓

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cyberryder@cyberryder

9Mon

Why do you think they pay such a high dividend? 🤔

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