2Mon·

Why keep the weeds and cut the flowers?

Since I'm an amateur botanist, I'm getting rid of the weeds… At least I was able to offset the emotional toll with the tax refund from the loss and the dividends I received.

Bye $GIS (-1.38%) , hello $ELO (+2.14%)

15.06

General Mills

Sold x151 at €29.60

€4,469.60

47.99%

14 Comments

jkb92@jkb92

2Mon

You might have hit rock bottom (at least for now). But sometimes you just need to let it all out—I know how that feels.

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Poor Dad@PoorDad

2Mon

@jkb92 Even if the stock goes up again… I get heartburn every time I see that a single company can drag the portfolio down like that. I put too much money into the wrong stock.

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jkb92@jkb92

2Mon

@PoorDad I totally get it! Heartburn is really awful

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Poor Dad@PoorDad

2Mon

@jkb92 hahahaha

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ParraPinto@ParraPinto

2Mon

Do you still see potential here in the long term?

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Poor Dad@PoorDad

2Mon

@ParraPinto Yes, but not like with Peer

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jkb92@jkb92

2Mon

@ParraPinto I haven't looked into the company. I just see that, from a technical perspective, the time is ripe for a (temporary) pullback.

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Novius@Novius

2Mon

I'm currently down 22% on this investment. But I'm going to hold on to it and possibly buy more if necessary.

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Name M.@userc818a6f2df6247c9

2Mon

Elopac has a similar chart. Why "elo"?

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Poor Dad@PoorDad

2Mon

@userc818a6f2df6247c9 Sorry for the late reply, but I know it seems contradictory at first glance—I think the GIS market is already very saturated, especially since the peer group is selling better or more popular products. I already own shares in $MDLZ and $PEP, which I consider to be the better alternatives. With Elopak, on the other hand, I think the company still has plenty of room for growth with its business model, especially now that it has begun expanding in the U.S.

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GHF@GHF

2Mon

Better late than never 😉👍🏻

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Poor Dad@PoorDad

2Mon

@GHF genau..

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DividendenMax@DividendenMax

2Mon

Yes, they're having problems. Yes, the chart doesn't look good. Yes, yes, yes, BUT the P/E and P/B ratios are extremely low, and the stock has simply been beaten down...

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Poor Dad@PoorDad

2Mon

@DividendenMax The KBV is of no use to me if its products are performing worse than those of its peers… $MDLZ $PEP $ULVR, etc. I used to like GIS as a company, but as things stand now, I think other companies are better positioned to recover than GIS.

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