1Ano·

Sale

I have decided to sell my investment in American Tower at a loss. The reason for this is that there are new entrants with the prospect of entering the competition, such as Spacelink. Competition among existing competitors is also getting tougher, which is squeezing margins. Debt is also very high, which may have a negative impact on future dividend growth, as profit growth no longer looks so rosy either.

Opinions?

25.09
American Tower logo
Vendido x165 em € 163,52
€ 26.980,80
21,54%
9
8 Comentários

Now the opinions are probably too late
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Why did you invest there to begin with? What was your reasoning?
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Solid share price performance, solid dividend growth and a safe bet as a real estate company
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So planned for the long term, had bought at the beginning of 2022, but in my opinion the outlook is clouding over despite the interest rate cut
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But the real estate sector is only coming back now that interest rates are falling, or am I wrong?
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I can understand the exit, even if I stay in myself. The business model is definitely facing new challenges. However, there are also new opportunities with all kinds of communication infrastructure outside the traditional mobile tower, where they also have a foothold. Whether they can turn this in a positive direction remains to be seen.
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I bought yesterday.
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Funny to see this comment because I'm in a similar situation, but haven't sold yet. I'm really thinking about dumping my position in AMT. I started buying in 2022 and my average price is 193$. At that time It seemed like a good value play and It was looking good for a while, many times the stock was above 220$ while paying a high dividend. But now things look a bit different.
I haven't diceded to sold yet because I expect that the market would look again to real state now that the interests rates are down... but who knows
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