Stock sold December 2017: Deere

My sales criteria for Deere was when Warren Buffet sold his shares. Today I would never put such a criteria in place and to be fair I correctly also ignored in when it comes to Deere as I am currently ignoring it when it comes to IBM. For me the Deere shares have reached over valuation and the value has gone from around 80 up to around 150 USD in less than a year without the earnings to follow up on that. If Deere would today have had "normal" earnings then they would be fairly valued but they are not yet there and I am not certain when they will be there but by the look of things the market has already priced them as if they would be there.

I have therefore left Deere as a shareholder and I sold all my 30 shares for, around 127.3 € per share, giving a total of 3,819.81 € and I had to pay -9.55 € in fees which means that I was left with 3809.81 € in cash on my broker account.

I bought it back in October 2015 and I sold it now in December 2017 which gives an unfortunately short holding time of only 26 months (my average of sold shares are at 36 months). During this period I made a profit of 82% and on top of that I have received 128.21 € in dividends.

To follow the journey of Deere then please click here.

Any changes will be brought into the stock portfolio upon the next update in the very end of the month.

Summary of November 2017

November was, as always a hard month. Budget, performance discussions, targets for 2018 discussions up and down and on top of that I have had to spend two days per week with my new group which is a 350 km drive back and forth each time and it means that I spend one night per week in a hotel. The team leader is difficult to work with but I have managed to turn him slowly towards the good direction. In 2018 we will accomplish great financial benefits for the business unit.

I spend a couple of days around Barcelona. The last time I was there was back in 2009 for my road trip and then the situation was seriously bad. Today, despite the current Catalan / Spain complication, one can really see how good the Spanish economy is. People have work, people have money and the fears have disappeared. Maybe in some cases that loss of fear even became hubris but that I am not able to judge that.

My work review was fairly good for the year so it will be interesting to see how the company will reward me. My line manager will, according to himself, do his best to push up my salary and bonus. It is working very odd in my company because there are only recommendations going up and still in the end it comes down to the remuneration board to set pretty much all salaries and bonuses. Utterly wrong in my opinion. My team should receive a pot of money based on our performance and then I should distribute that based on how much the team members contributed to those targets. Better still... there should be paid out no bonuses at all.

For the previous summary please visit Summary of October 2017 and here you can see my stock portfolio as it is.

The total invested value is now up at: 91,224 €. I made no new investments during the month of November.

The value of the portfolio is today: 105,568 € and spread out I now have around 6,902 € in cash on the different accounts. I have a realised gain of 1,144 € and the combined realised and unrealised gain is now at: 14,344 € (16%) which is not as good as one would have liked.

DAX did not to very well this month and decreased to 13,154 points which means that the it decreased by -1.7% which should be compared to my more modest decrease of -0.2%.

Conclusion: One of those rare months when my portfolio did better than DAX but that comes mainly from that Deutsche Bank have started to increase in value as of late. I hope it will continue in that direction because it is my largest, in invested value, investment.

Dividend from Deere and Fast Retailing: November 2017

For my 30 shares in Deere I received 15.43 € in dividends. From this was taken 2.31 € in taxes and I was left with 13.12 € in cash on my broker account.

To find out more about Deere then please click here.

For my 6 shares in Fast Retailing I received 7.93 € in dividends. From this was taken 1.22 € in taxes and I was left with 6.71 € in cash on my broker account.

To find our more about Fast Retailing then please click here.

To see my total dividend flow then please visit the Stock Dividends page that will soon be updated. 

Summary of October 2017

I just came back from my friend in Poland that I went to visit over the weekend. I have not been to Poland for 1,5 years but each time I am impressed. Poland is today a country where one can live very comfortably even more so than what one does in the UK. At some point tearing things down and starting from scratch is better then to try to improve what is already there.

The weekend before me and my wife went to London. It was very nice and we had wonderful sunny days in the UK capital. I did not see any stress concerning Brexit but I am sure that many there are not happy at all.

My additional responsibility is to lead a R&D group within a field where I have zero experience. It is an interesting challenge to get on top if it all and to be honest I needed it because I had already started to get bored.

Oh, I have also gone on a shopping bonanza during October and bought both a pair of Nike sneakers as well as a kindle. I must say that I am very happy with both products.

For the previous summary please visit Summary of September 2017 and here you can see my stock portfolio as it is.

The total invested value is now up at: 91,224 €.

The value of the portfolio is today: 105,758 € and spread out I now have around 6,902 € in cash on the different accounts. I have a realised gain of 1,144 € and the combined realised and unrealised gain is now at: 14,534 € (16%) which is not as good as one would have liked.

DAX had another great, great month and is now up at 13,379 points which means an increase of 3.3% which should be compared to my more modest 2.8%.

Conclusion: DAX keeps increasing month after month after the summer drop and I must say that it is impressive how it has recovered. The energy companies have started to go up in share price and here in England they are speaking of the coldest winter in a long time that is now coming. Due to my heavy investment in energy companies those kind of forecasts makes me very happy even though my personal energy bill will also increase.

Dividend from Nike: October 2017

For my 40 shares in Nike I received a total of 6.11 € in dividend. From this was taken 0.92 € in taxes and I was left with 5.19 € as cash on my broker account.

It should be mentioned that two weekends ago me and my wife went to London for the weekend and I then ended up buying a pair of Nike sneakers that I have not had for years if ever. They were not cheap but it feels great to walk a round in them. Always support the companies that you are invested in!

To find out more about Nike then please click here.

To see my total dividend flow then please visit the Stock Dividends page that will soon be updated.