2Wk·

Inwit, welcome to my portfolio 😎

11.06

Inwit

Bought x150 at €6.595

€989.25

6 Comments

capital_L&G@capital_sherpa_1845

1Wk

I'm in too!!

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MrDividend_108@MrDividend_108

1Wk

@capital_sherpa_1845 What a wallet you've got 😎 Congrats 🍾🤩

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GiCi@GiCi

2Wk

Just curious: why did you make this purchase? Best regards

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MrDividend_108@MrDividend_108

2Wk

@GiCi Because this price is good—close to the 52-week low—and even though there are ongoing legal disputes, I think that if the matter is resolved through a mediated settlement, there’s a good chance the price will rise, so I wanted to take advantage of this opportunity… Plus, Inwit accounts for less than 1% of my total portfolio and pays dividends in May and November—the two months when I receive the least in dividends—so I’m happy to boost my cash flow…

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GiCi@GiCi

2Wk

@MrDividend_108 I won’t comment on dividends. Even if INWIT were to reach a settlement—as you say, it’s likely—I believe there will be repercussions in the long term, especially if telecom companies were to build their own infrastructure and continue down that path. I’m skeptical about the long term, even though I really like the company. I’ve been following it for a year, when it was trading at 34% above current levels, but the issues with other operators ultimately convinced me not to invest. Dividends are one thing, but will the stock—which was at €10 a year ago—rebound?

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MrDividend_108@MrDividend_108

1Wk

@GiCi I believe in it—they have the infrastructure, and even though others might try to bypass Inwit, they have long-term contracts, and I think the stock could rebound nicely... we'll see what happens.

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