1Wk·

Valuation favorable = buy

Simply bought at a favorable valuation. 🤑

Believe in the future of $GIS (-0.06%)

Top dividend payer 💸

22.05
General Mills logo
Bought x10 at €47.25
€472.45
10
8 Comments

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Belief is not knowledge. Share price - 30 % dividend history depending on the share price, sometimes constant, sometimes less, sometimes more. Do you even know the company, the line of business, turnover, reserves, etc.?
5
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@Smudeo Do you know anything about other companies?
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@Smudeo after 2016 it went downhill just as much and now we are still higher than in December 2018 at the low. I see the whole thing as a very long-term dividend stock with a good opportunity to follow up. Would love to look at the chart with you again at the end of the year!
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Looks like an intact downward trend. Maybe too early in? Where is the bottom?
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0 growth, the company has much debt and problems, where is the favorable valuation here?
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In the long term, only price increases via changes in the food portfolio. I do not see any major further downside potential. Stable profits despite high debt burden.
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@Peterperformance I see it the same way!
They are always trying to expand ESG within the company, support farmers and make their products healthier....even if it doesn't happen too quickly 🥲
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No purchase, growth 0.
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