Stock bought July 2020: Skanska

Even though the share price of Skanska has jumped up lately I still decided to buy more shares from this Sweden based construction company.

I bought 115 new shares at a price of 18.31 € which gave a total cost of 2113.98 € when fees are included. I now have a total of 250 shares in Skanska at a price of 17.49 € per share.

To take a look at my current Stock Portfolio then please click on the link. The portfolio will however not be fully updated until the end of the month.

Summary of June 2020

Summary of June 2020

The final batch of the team is coming back from furlough on Monday so finally things start to happen again. In the meantime my manager stepped down and I've been asked to take over his role. It will lead to a bit of a salary increase but at this point in time I am less interested in salary then what I am interested in more vacation.

I now also ended up taking over a struggling project again. Seems as if the business loves to give me struggling projects to get them back on their feet and up and running again. I seem to always accomplish what the business requests however more often than not the commercial value is far fetched from what they think it will be based on what they requests my team to accomplish.

Share prices have continued up especially in Europe and as you will see below DAX have really pushed forward despite the fraud and share price drop of Wirecard (still not zero but it should get there!)

For the previous summary please visit Summary of May 2020 and here you can see my stock portfolio as it is.

The total invested value is now up at: 153,706 €. Monthly investment was made in the Mixed ETF and more stocks were bought in Tessenderlo.

The value of the portfolio is today: 183,298 € and I have 3,130 € in cash on my broker account. I have realised gains of 3,103 € and unrealised of 29,592 € (16.1%) which is, as always, not good enough.

DAX is now up at 12,528 points which means that it has increased by 8.1% since the previous summary and my own portfolio has unfortunately only increased by 3.7%. In the last two months the gains in each individual month has however been as much as can expect to receive during an entire year.

Conclusion: DAX definitely beat me this month. The world is opening up and in many countries besides form the few that did not rely on lockdown there will for sure be a second wave of Covid-19. Impact on stock market? No clue, but more likely than not it will go down. One could argue that I should then keep my money and wait for that another drop to take place but I know that I can't time the market so I find it better to buy when the money is there. Its a turtle race not a rabbit race for me.

Dividends during June 2020: Nike et al

A dividend payment was received from Nike in the size of 8.71 € from which 1.31 € was taken in taxes and I received 7.40 € paid into my broker account.

The Germany energy company RWE paid out a dividend of 264 € and from this was taken 69.63 € in taxes and I was left with 194.37 € on my broker account.

The chemical company BASF arrived with a dividend payment of 462 € of which Mr. Taxman (or woman) took 121.85 € and left on my broker account as cash was 340.15 €.

My trusted dividend payer BP sent over 73.41 € of dividends and all of it was paid out in cash on my broker account.

K+S provided me with 9.60 € of which 2.53 € went to taxes and I received 7.07 € as cash on my account.

IBM sent some dollars to me that converted became 35.69 € of which 5.35 € went to taxes and 30.34 € was added to my cash account.

Tradition was followed and Intel paid out 39.93 € with 5.99 € kept in taxes and 33.94 € was added to my broker account.

And finally my second German energy company E.On arrived with 184.00 €, of which 48.53 € was kept in taxes and I received 135.47 € in cash.

To see a bit more in details please visit my Stock Dividends page.

Stock bought June 2020: Tessenderlo

As I previously mentioned it would either become more of Skanska or Tessenderlo. In the end I decided to increase my Tessenderlo investment.

I bought 80 more shares at a price of 27.60 € which gave a total cost of 2216.90 € including trading fee. I now have 170 shares in Tessenderlo at a total cost of 4297 € or 25.27€ per share.

To take a look at my current Stock Portfolio then please click on the link. The portfolio will however not be fully updated until the end of the month.

Summary of May 2020

Summary of May 2020

The sunshine has continued during the month while my mood has gone a bit down from all the home office. The world has started to be active again and I'm sitting every day having telephone conferences with all corners of the globe. UK will now start to ease the lockdown and people are allowed to meet up as long as they keep the 2m distance.

I will be back in the office on Monday and more and more of my team will be brought back in during the coming weeks. I'm happy to be back at work even tough it will be awkward with the social distancing and all the precautions that we must take. I'm Swedish and we are a hugging population. Few things beat a proper hug for showing that you care about the person.

In the latest weeks I've spoken a lot with people in South America. They are still on proper lockdown and their economies that were struggling already before have now gone further downhill. Since it was on my mind about the supply companies I was asking them about it and what they said was that smaller supply chain companies either have or will go bust which will lead to delays in the economical kick-off not only for South America but for many other parts as well.

Share prices have continued up also this month and I can only once again state that I think the celebration is far too soon. Does this mean that I will not buy new shares from my salary? No, it does not. I know that I cannot time the market so if the company is reasonably priced then I buy it.

For the previous summary please visit Summary of April 2020 and here you can see my stock portfolio as it is.

The total invested value is now up at: 147,260 €. The monthly investment in the Mixed ETF has been made and I bought shares in Skanska.

The value of the portfolio is today: 170,199 € and I have 2095 € in cash on my broker account. I have realised gains of 3,103 € and unrealised of 22,940 € (13.5%) which is, as always, not good enough.

DAX is now up at 11,587 points which means that it has increased by 6.7% since the previous summary and my own portfolio has increased by 7.0%.

Conclusion: Third month in a row that my portfolio performed better than DAX. I do not expect it to last. I have cash again on my broker account and I've made a small investment in construction so I am still missing property and forest industry. Additionally, I'm interested in increasing my holdings in Skanska, ABF, DBAG or Tessenderlo. ABF has a part retail (Primark) and I am already have in retail so I'm reluctant with that one. DBAG pay out very nice dividends, they recently opened a new fund that was filled up with money so they have firepower for plenty of investments however I already have a bit of money in them. I was looking over the forest industry and I'm sorry to say that I am not pleased with their revenue growth rate and property I consider to be in a bubble due to the low interest rates and one need to dig to see if the company is aggressive with their property re-evaluations so currently I cannot be bothered to look into that industry. Hence it will either be more in Tessenderlo or more in Skanska.