1Mon·

Watchlist

After @_Caramba his contribution, I added two shares to my portfolio to keep a better eye on the value.

🇵🇱

(But the spread at this time of day is godless)

20.06

PKO BP

Bought x2 at €16.69

€33.38

10 Comments

Chris@Multibagger

1Mon

What do you expect? The spread is adjusted daily to the inflation rate of the vacation destination. Be glad you're not in Turkey.😂

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Enrique@Dividenden_Monteur

1Mon

@Multibagger soon only East German lake district

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Jose@Kspykee

3Wk

It has an incredible dividend very close. What I don't know is if it will have a good evolution in the next 6-12 months, due to possible movement with interest rates.....

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Enrique@Dividenden_Monteur

3Wk

@Kspykee I'm just going by the growth figures, especially the growth of the Polish economy, so I'm relaxed

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Jose@Kspykee

3Wk

@Dividenden_Monteur I have bank shares here and at $HSBA, and I have more confidence in the Polish bank than in the English one ...

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Enrique@Dividenden_Monteur

3Wk

@Kspykee agree 🫡

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Enrique@Dividenden_Monteur

3Wk

@Kspykee Are you from Spain? What do you think of Spanish banks?

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Jose@Kspykee

3Wk

@Dividenden_Monteur They are the IBEX's largest capitalization companies, together with Inditex.
They still have some upside left, but they look increasingly exhausted, with the IBEX at long-time highs.
It depends on the evolution of interest rates, my tendency was to gradually disinvest.
An important factor in all Spanish banking is BBVA's takeover bid for Banco Sabadell, which creates uncertainty throughout the sector.

I would wait a while to invest, but in the long run, it is a good option.

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Enrique@Dividenden_Monteur

3Wk

@Kspykee thanks.
Since one month, the BBVA is activ in germany, That's why my question

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Jose@Kspykee

3Wk

@Dividenden_Monteur BBVA will grow. With or without a takeover bid, it will grow.
Its main business, more and more, is Latin America (mainly Mexico, where there is a large market).
The last thing they reported is that they want to continue buying Banco Sabadell, which would make it the largest Spanish bank (there was a strong tendency to merge and today the whole sector remains in very few companies, with a lot of control).
In any case, I see it difficult for it to improve the profit it had in the last year.
It has been overweight for a long time...

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