1Wk·

Subsequent purchase Prologis

first posi full

stable company stable dividends

and sector was underweighted for me

10.04

Prologis

Bought x4 at €85.90

€343.59

9 Comments

Marcel@xzxzx

1Wk

🫳🔪

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Memo0606@Memo0606

1Wk

@xzxzx yes, you won't find the low anyway
is a falling knife for every share

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Marcel@xzxzx

1Wk

That's why it's better to focus on quality, so you don't run the risk of not making a return over several years👍

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Memo0606@Memo0606

1Wk

@xzxzx diggah do you want to claim prologis is not quality go away 😂😂

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Marcel@xzxzx

1Wk

Generally not a bad company, I just say courageous in times of recession fears. Without having looked into it for any length of time, but purely in terms of the trend, it doesn't look good either

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Marcel@xzxzx

1Wk

And this justification that interest rates are lowered by recession doesn't really apply there either, downturn in demand due to recession, cluster risk in the logistics sector, danger of geopolitical aspects, high valuation, so your "stable dividend" payment doesn't help you either

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Memo0606@Memo0606

1Wk

@xzxzx lol

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Esfsx01@Esfsx01

1Wk

@xzxzx please look into Prologis before assuming so boldy that the quality isn't there. Despite high interest rates last year they exceeded all expectations. On top of that they have a lot of stable, longterm tenants, impressive dividend growth (despite the share price not performing) and a very good business model. The share price may have not performed well over the last years, but the company did. It's a solid longterm investment for a cheap price at the moment.

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QUANTIJS@QUANTIJS

Nice, looks interesting

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