4Wk·

Successful OMV trade

I wanted to share my successful trade in the OMV share with you - perhaps some of you have also made this trade or made good profits with the share. Last year I had the dividend paid out, but realized afterwards that the payout of just under 11% was reflected in the fall in the share price.

This time I bought in bit by bit after the ex-day and have so far been able to realize good profits. I am leaving part of the position open and will gradually liquidate it. I have invested part of the realized profits in $GOOGL (-1.98%) - and $AMZN (+0.25%) -ETFs, as I found the entry prices very attractive. I intend to try this trade again, but with double the position size

Position size was/is approx. 5k.

By the way, I was inspired by @TomTurboInvest - as far as I can tell, he has already made this trade twice. If we ever meet on the slopes: A yeast dumpling and a beer are on me, thanks! :)

21.03

OMV

Sold x11 at €45.62

€501.82

23.33%

12 Comments

TomTurboInvest@TomTurboInvest

4Wk

If you ski in the most active valley in the world, then that would be quite possible😉. I also dissolved my OMV recently 💰

PS: I can't even remember how often I traded the range between €36-37 and €45 plus. Long sideways trends are always fun for swing traders

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PietAT@Petzi-Port

4Wk

@TomTurboInvest Once in 5 years I'm sure I'll make it to the slopes😅
Very good, I'll let mine run a little longer, but next time the position will have to be a lot bigger. I estimate the risk with this trade to be very minimal

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Hennington Research@HennRes

4Wk

Gratulation!

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Alex C.@slava_ukraine

4Wk

Why did you sell them? OMV is +23.5% YTD and has _10_% dividends in June.

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TomTurboInvest@TomTurboInvest

4Wk

@slava_ukraine The dividend is deducted from the share price, so it doesn't matter whether you sell before or after the distribution.

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PietAT@Petzi-Port

4Wk

@slava_ukraine My thought is that technology stocks have better growth. I only bought OMV as a trade. When the distribution of 10% takes place, 10% is deducted from the share price and if you look at the chart, you can see that the share price continues to fall.

The realized profit is also greater than the distribution I would receive :)

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TomTurboInvest@TomTurboInvest

2Wk

...will soon be back in the BUY zone - but it's risky at the moment 🥶

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PietAT@Petzi-Port

2Wk

@TomTurboInvest I am already completely out of the position :) after the ex day you can think again

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PietAT@Petzi-Port

2Wk

@TomTurboInvest What is your assessment of what is currently happening on the market? And what happens next?

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TomTurboInvest@TomTurboInvest

2Wk

@Petzi-Port To be honest, I can't tell - it's really difficult - if you wait for the bottom, you're still in on the bounce - and when the time comes, it happens quite quickly. But I've already experienced crashes in the 2000s where it took years to recover

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PietAT@Petzi-Port

2Wk

@TomTurboInvest ok I am of the same opinion whoever waits for the bottom misses something, how can you time it.
I'm hoping for a turnaround in interest rates in May and hope that not so much blood will flow until then

What additional purchases have you made and do you intend to make?

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TomTurboInvest@TomTurboInvest

2Wk

@Petzi-Port Today it triggered my Uber buy order from last week - it was at €58 - but it went over the table in the morning at the starting price of €55.76. And in the morning I cautiously expanded my Euro Stoxx 50 $XESX and All world $WEBG a little. But I don't really dare to go in with volume yet - we'll see what happens in the afternoon when the US markets open.

$VER $KTN $ADYEN would also be tempting, but I'd rather keep my powder dry ;-)

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