1Semana·

MLP Finance

$MLP (-0,96 %)

MLP will pay a tax-free dividend of € 0.36 in 2025

the share is absolutely a buy!

6 Comentarios

Staatsmann@Staatsmann

1Semana

Calculated over 15 years, the MSCI World benchmark returned almost 470%.

$MLP not 2%.

(TTWROR, i.e. including dividends)

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Performance R.@PerformanceRaupe

1Semana

@Staatsmann yes, the financial crisis has indeed hit the banking sector the hardest. But today MLP +0.5%, Msci World -0.5% 😉 so it must clearly be better

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Staatsmann@Staatsmann

1Semana

@PerformanceRaupe Whether you should take one day as a reference is somewhat questionable 😉.

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Performance R.@PerformanceRaupe

1Semana

@Staatsmann I find it just as questionable to value a financial company according to its share price before the financial crisis. Commerzbank is still down 80% since then, although it is not necessarily a bad company. You can always find periods of time when a company has performed worse than the market, but it simply doesn't help.

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Staatsmann@Staatsmann

1Semana

@PerformanceRaupe That's why I used the longest possible period for benchmarking, as this also includes any distributions.

And a comparison over a period of 15 years is far more meaningful than one day.

Even since 2006 (the start of the MLP listing), the company has made almost -60% TTWROR. 🤷🏼‍♂️
Then we're already at 19 years and don't take a financial crisis as the first data point.

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Performance R.@PerformanceRaupe

1Semana

@Staatsmann I see it differently. I find both pointless, whether it's one day or 19 years. One day because it is simply completely pointless and 19 years because there was a significant global crisis in between. The extra years before that make no difference. The problems of banks back then can be seen in the share price performance, but they cannot be applied equally to the company today.
There are so many examples where companies had a higher share price a long time ago than they do today.
Telekom, for example, was at over €100 25 years ago because of the dotcom bubble. Does that make it a bad company?
A lot has simply changed over such a long period of time and it is therefore naïve to look at this huge section that comes from a time that cannot be compared with ours.

LG

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