2Mon·

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

Sold x2000 at €6.661

€13,322.00

88.80%

7 Comments

Ruben Schoff@Sand

2Mon

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@DynasticGrind

2Mon

@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

2Mon

@DynasticGrind sounds plausible

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Deleted User

2Mon

Comment was deleted

Silas@DynasticGrind

2Mon

@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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Deleted User

2Mon

Comment was deleted

Silas@DynasticGrind

2Mon

@emppsb Thank you very much!

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