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Silas W.
@DynasticGrind
6D·

Partial sale BP

So far one of the largest stocks in my portfolio - the rest of the position continues to graze as a dividend cow.

27.03
BP logo
BP
Sold x2000 at €6.661
€13,322.00
88.80%
35
7 Comments
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emppsb@emppsb
6D
Beautiful to see things like this 👌
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3
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Silas W.@DynasticGrind
6D
@emppsb It is! Although selling it decreased my earnings from dividends by almost 5%. Goes to show how overweight my portfolio was on $BP.
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emppsb@emppsb
6D
@DynasticGrind anyways it’s a huge win with 88% upside, congrats 🥳
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Silas W.@DynasticGrind
6D
@emppsb Thank you very much!
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Ruben Schoff@Sand
4D
Congratulations, patience pays off with our bp and even after this increase it is still cheaply valued. It will be interesting to see what management will say with the next figures and what they will do with the extra income. I'll hold on to my 4600 shares
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Silas W.@DynasticGrind
8H
@Sand One good reason for the partial sale was the management of recent years. Billions were sunk into renewal projects, which were then completely shelved with the change of management. In my opinion, BP is lagging far behind other energy companies strategically. Dividends and profits are there, but growth is deliberately being left by the wayside. As a "conservative", this has never been a big problem for me, but this time the opportunity was simply too good.
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Ruben Schoff@Sand
7H
@DynasticGrind sounds plausible
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