...here, in contrast to $PETR4 (+0,02 %) no liquidity/dividend problem in the short/medium or long term. In contrast to the nasty withholding tax, but you can easily and conveniently get it back 👍🏻

...explanation in previous posts 😉

I hardly dare say it, but I filled up with some Brazilian gasoline. 🛢🔥

...as for the reasons mentioned...

...even if minus never tastes good, still a first partial sale...

...see long-term problems in the dividend structure here and will gradually sell off when the time comes.

After $UNH (-2,78 %) confirmed its earnings forecast for 2025 yesterday and broke through my USD 320 line, I added a small certificate to my already large position in the portfolio, as my position in the portfolio would become too large.

As soon as the 200 line is almost reached, I would at least sell the certificate.

The current exit point is USD 406, the actual shares can remain in the portfolio until USD 450.

If the USD 406 mark is reached, the bond would yield around 75%.

Wait and see and drink beer, I'll keep you up to date.

The following shares are currently in my trading portfolio:

• $PETR4 (+0,02 %) my petty cash savings account (currently -4%) https://app.getquin.com/de/post/aSDtbJRBTL/kleingeldkasse
• DE000UG8AGR1 (said bill / currently +11%)
• $NVLH (-1,27 %) (currently -46%)

Hello my dear ones....now that my REHA has ended after 4 weeks and the rocky road ahead has begun, it's time to look further ahead and spend a little more time in the portfolio again...

🟢 Top 3 August

$HSBA (-1,1 %) +5,40 % (+10,64%)

$3750 (+1,17 %) +4,65% (+26,46%)

$RIO (-0,88 %) +3,69% (-1,73%)

🔴 Flop 3 August

$1211 (+1,42 %) -4,95% (-15,90%)

$VAR (-0,07 %) -1,45% (+4,79%)

$PETR4 (+0,02 %) +1,54% (-6,89%)

》Upgraded ✅️

$MUX (-1,2 %)

$IE000MMRLY96 (-0,94 %)

$VAR (-0,07 %)

...measured against August, things actually went quite well, including dividends, and April has long since been put to bed, even with Trump's whims...

...YTD and overall the figures continue to fit quite well and my high-yield dividend strategy continues to work even after all the capers.

A pro po dividends, there were € 107.21 gross and € 104.67 net last month, which corresponds to an increase YTD of 29.73 %, but on the other hand also represents one of my weaker months.

Compared to my portfolio value ~23100 € but still acceptable.

This month looks better again and with ~300 € dividends a good reinvest 🫠

A small drop of bitterness: contrary to my forecast, my FSA will be torn tomorrow and from then on, unfortunately, the ailing state system will also cash in again. But shit happens, I'm getting married next year and still have enough left for the further expansion of the story with a net dividend of ~€1700 this year, in contrast, I don't have to sell anything and so I see my portfolio easily in the 6-digit range within the next 4-5 years at the latest even with the wrecking ball (better late than never) 💪🏻

Another small component of this is my forecast increase for 2025...I had planned between 23-25k at the end of the year, but since things sometimes go well and develop differently than expected, I am now raising my target to 25-28k and am thus on a very good and realizable path.

With this in mind, here's to another month...📈

Petrobras $PETR3 (+0,32 %)
$PETR4 (+0,02 %) delivered a robust performance in the second quarter of 2025, generating a net profit of USD 4.1 billion.

This was achieved despite a significant fall in the price of Brent crude oil from USD 75.7 to USD 60.7 per barrel.

The company's operational efficiency and strategic focus on exploration and production contributed to this resilience.

Petrobras' ability to maintain production levels and expand its presence in the natural gas market further underlines the company's competitive position in the industry.

《》Financial key figures《《

● Net profit: 4.1 billion US dollars

● EBITDA: 10.2 billion US dollars

● Operating cash flow: 7.5 billion US dollars

● Dividend payout: USD 8.7 billion (45% of free cash flow)

《》Outlook & forecast《《

Petrobras is sticking to its CapEx forecast of USD 18.5 bn for 2025 and is aiming to reach the upper end of its production forecast.

The company is aiming to increase production by 100,000 barrels per day, which could generate potential additional revenue of USD 2.5 billion at a price of USD 70 per barrel.

This strategic focus is intended to strengthen Petrobras' market position and promote future growth.

The "law to simplify the environmental approval process" is known in Brazilian environmental circles as the "law of devastation". It was rushed through by the Chamber of Deputies in a night session before the congressional recess in mid-July.

President Luiz Inácio Lula da Silva has now vetoed parts of the law.

The reason for this withdrawal: Lula's left-wing government is afraid of offending the conservative Congress. More than two thirds of MPs had voted in favor of the law.

Environmentalists are up in arms against the law: they fear that simplified approval procedures will lead to greater climate risks and environmental damage, opening the door to one of Brazil's most controversial investment projects.

This is because Brazil also has high hopes for the oil deposits that are believed to be under the seabed of the Atlantic Ocean at the mouth of the Amazon off the north coast of Brazil. Neighboring Guyana is in the process of becoming one of the new global oil giants due to the oil produced there. From a geological point of view, there is much to suggest that the deposits extend into Brazil's sovereign territory.

The Organization of the Petroleum Exporting Countries (Opec) expects Brazil to increase its oil and gas production from the current 4.2 million to 5.8 million barrels per day by 2030. After the USA, this would make Brazil one of the countries that could increase its fossil fuel production the most over the next five years. Brazil currently ranks 8th among the world's largest oil producers; it could rise to 4th place by 2030.

However, the credibility of Brazil's climate policy is at stake with the potential oil production. Brazil has committed to significantly reducing its greenhouse gas emissions as part of the Paris Agreement. An expansion of oil production contradicts these goals.

Politically, however, it looks like the proponents will be successful. They have a strong lobby in Congress, in the cabinet, among the trade unions and in the federal states in the north of Brazil. President Lula is also in favor of the project: he would rather offer poor Brazilians jobs, education and health care financed by oil revenues than do without them in order to protect the environment. International environmental prizes do not win elections in Brazil, but social programs and electoral aid from the oil industry do.

With the decree for accelerated special procedures, a victory for the oil lobby seems likely. The majority of Congress is in favor of oil production. Elections are due next year. Lula can hardly afford to alienate his remaining allies in the north and north-east with an environmental policy with which he himself hardly identifies. A conservative successor would probably remove obstacles to oil production immediately.

$PBR (-0,23 %)
$PETR3 (+0,32 %)
$PETR4 (+0,02 %)

Source: Text (excerpt) & image: Handelsblatt, 13.08.25

$TRMD A (-0,5 %) , $PETR4 (+0,02 %) and $HAUTO (+1,56 %)

Good morning!

@Dividendenopi What is your (your) plan for the three with regard to the upcoming quarterly figures? I read that some want to get out beforehand, despite upcoming dividends? Have I missed something?