9Mon·

Family patriotism

Exciting, I'm the first to write something about this share.

😂

Since a large part of my family comes from Poland, this country has also influenced me quite a bit and I have been there a lot, I have been able to experience the steady upswing of this beautiful country live.

Roads are being built, cities are being extensively renovated and the economy is booming.

Now that the radical right-wing PiS is no longer in control, I think it's time to add small positions from the Polish stock exchange to my portfolio. These can be obtained cheaply for little money with some lavish Kruse rallies. I will start here with the

Warsaw Stock Exchange $GPW (-0.62%)

(The English name goes down easier than the Polish 😂)

The Polish stock exchange. Quasi the counterpart to "Deutsche Börse AG".

Strong share price growth

(52% in the last 5 years and 107% in the last 10 years)

Strong dividend growth (26% of the last 5 years and 33% of the last 10 years)

The dividend yield is currently 6.66% (according to Traderepublic)

As Poland continues to have one of the highest economic growth rates in Europe and the EU, demand for Polish stocks is expected to remain strong, which will provide a strong tailwind for the Warsaw Stock Exchange.

Even if it slows down, it's still good for my little partly Polish soul 😃

25 Comments

Tenbagger2024@Tenbagger2024

9Mon

That's funny.
I was looking at it yesterday.
Thanks for the introduction 😘

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Bardok@AE23

9Mon

@Tenbagger2024 I was still wavering as to whether it should be Zabka group $ZAB, Dino polska $DNP or PKO Bank Polski $PKO after all.
I decided to go with the stock exchange after all. 😅

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Tenbagger2024@Tenbagger2024

9Mon

@AE23

https://youtu.be/sVquRGCfakc?si=5Pqus9JEd1uJXGO7

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Bardok@AE23

9Mon

@Tenbagger2024 strong. Thank you. So due to the strong salary increases and consumer spending of the Poles, Zabka and Dino Polska are quite future-proof

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Tenbagger2024@Tenbagger2024

9Mon

@AE23
I've also had Dino polska on my list for some time, but I'm leaning towards $DOL

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Bardok@AE23

9Mon

@Tenbagger2024 interesting. I've read about you before, but the dividend growth is really impressive
Even if the yield is almost too meagre. This is probably due to the strong share price increase.
Is of course more attractive than Dino
You're right

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Tenbagger2024@Tenbagger2024

9Mon

@AE23
I need to take a closer look at all the Polish shares.

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Bardok@AE23

9Mon

@Tenbagger2024 the gaming industry is also quite strong in Poland and should not be underestimated.
I've already played a few Polish games myself...they're not bad either, considering they're only just starting out

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Bardok@AE23

9Mon

@Tenbagger2024 You always have a good nose for good shares and dividend stocks. Do you perhaps have a few nice compounder ideas? In other words, good stock yields with strong dividends and strong growth in both segments that are also sustainable?

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Tenbagger2024@Tenbagger2024

9Mon

@AE23
I would be happy to name you a few good quality long-term stocks. A certain moat would also be important. Perhaps you could tell me which countries and sectors you are still missing. But you can also find good long-term runners in the Ultimate @Simpson ETF, the good Homer will certainly be happy to name you his racehorses.

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Bardok@AE23

9Mon

@Tenbagger2024 Yes. That's true. The problem with him is that he feels he has almost everything in the depot 😂😂😂😂
I'm quite pragmatic about it. I like market leaders in segments.
I also like it to be ESG-compliant.
I like it when the turnover is recurring. I like it when the moat is strong and also with strong book values.
Lately I've been throwing a lot of Carrier Global and Xylem into the portfolio. I see great potential there. My exposure to consumer and financial sectors is weak. 🧐

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View all 2 further answers

felipe estupendo@felipeestupendo

9Mon

Wow, and another title for my list. I'll buy it in November! There are other stocks on my list for October. Good stocks with strong dividends just make me weak... :P

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Bardok@AE23

9Mon

@felipeestupendo but 19 percent withholding tax. Caution 😉

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felipe estupendo@felipeestupendo

9Mon

@AE23 Yes, I know that. I would have done without 2-3%, but we are above 5% and in a growth stock. It fits.

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GeldGenie@GeldGenie

9Mon

Looks relatively fairly valued. 👍

But I'm not sure whether the zloty will hold up 😅

It's in my "stash" and I might set a price alert below 50 👍.

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Bardok@AE23

9Mon

@GeldGenie Whether the zloty holds up is irrelevant.
It's about the securities that are being traded

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GeldGenie@GeldGenie

9Mon

@AE23 If I buy Polish shares, the currency and its appreciation/depreciation is relevant for me 😅

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Epi@Epi

9Mon

A PolandStockFan! Very nice.
What do you think of $EPOL?
I've been toying with the idea of investing a few euros there for a while. But somehow I don't really like the composition with all the banks. 🤷

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Tenbagger2024@Tenbagger2024

9Mon

@Epi
There is a large position at $PKN, which has done really well YTD

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Epi@Epi

9Mon

@Tenbagger2024 Yes, that's true. But almost 50% financials is quite a lump.

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Bardok@AE23

9Mon

@Epi I had been looking at it for a long time too. All the banks are somehow logical. Poland is an emerging market and that's kind of normal.
But as the economy improves, other stocks will also rise in the ETF.
I think the ETF is a better choice than stock picking

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Novius@Novius

9Mon

Interesting, thank you! Can anyone say anything about withholding tax? I once read something about 19%.

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Bardok@AE23

9Mon

@Novius Yes. Unfortunately it is 19%

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