9Lun·

Voluntarily involuntarily further reducing my share of Germany


You could say that my Encavis $ECV (-0,06 %) investment. Price losses of €20 are offset by dividends of €30. The bottom line is a "profit" of €10 after 3 years of holding.


Nevertheless, I have decided to sell the shares at €17.50 following the takeover offer from KKR.

The takeover is expected to take place in the 4th quarter. The share is currently trading at just under €17.

My selling price was €16.85, so the potential upside to €17.50 is only ~4%. This is roughly the same as what I receive on the call money account completely risk-free.


I would have liked to keep Encavis, but due to the circumstances this does not seem attractive to me. I have therefore (un)voluntarily given up the position and sold it today.


The only positive effect: the proportion of Germany in the portfolio is further reduced 😉


#stock
#aktie
#news
#personalstrategy


attachment
15.03
Encavis logo
Vendido x152,87 en 16,85 €
2575,15 €
0,76 %
7
8 Comentarios

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I bought for just under 12.xx euros and am simply continuing to hold 🤷🏼‍♂️
KKR won't bid so low that I make a loss.

Besides, it's an offer and nothing has been decided yet.
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I agree with you, damn Piefke. It's best to take the money and put it in the $EXXX. There's nothing wrong with Erste and Raiffeisenbank!
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More left for $UKW 🤷🏻‍♂️
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All this fuss about €10? Have you calculated that as an hourly wage?
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