March 2017- A bad month
Hi all, it
is time for monthly reporting. This was the first full month with the blog and
let say, not a good month. Some overrated stocks dropped to correct
levels and I made a bad investment what comes to Fingerprint.
Portfolio in € end of FEB 2017
Portfolio
Total Sum in February was 13 909,15 €.
Portfolio in € the end of March 2017
Company
|
Shares
|
Price (€)
|
Total sum
|
KONECRANES PLC
|
183
|
33,30
€
|
6093,90
€
|
Nordea Bank AB
|
43
|
10,72
€
|
460,96
€
|
Intrum Justitia AB
|
36
|
35,09
€
|
1
263,30 €
|
Ocean Yield
|
136
|
6,65
€
|
904,86
€
|
Austevoll Seafood
|
95
|
6,87
€
|
652,79
€
|
Norwegian Finans Hol
|
93
|
7,42
€
|
689,77
€
|
Betsson AB ser.
B
|
110
|
8,18
€
|
900,11
€
|
Verkkokauppa
|
136
|
7,28
€
|
990,08
€
|
Hoivatilat
|
125
|
7,35
€
|
918,75
€
|
Albemarle
|
14
|
98,81
€
|
1
383,37 €
|
Total
Sum
|
14 257,88
€
|
The
portfolio grew in €’s was around +2,5%, but I acquired 22 Konecranes stocks and
lost around 200€ with fingerprint, so total gain was around -4,2%. So, a bad
month overall. But, this is investing
and sometimes the stocks goes up and sometimes those go down.
TOPS:
- Albemarle; solid month. Betting high on lithium.
- Intrum Justitia; nice, steady growth.
- Dividends from Nordea, Verkkokauppa and Hoivatilat
FLOPS:
- Case Fingerprint, no more to say, please check my post from few weeks ago.
- Some price pressure of salmon. It has had negative impact to all salmon stocks. Maybe good time to add few shares of Austevoll.
- Norwegian Finans; regulation rules from the Norwegian government, but in the end, these should be good news for NOFI, waiting stock to get back on it’s track. Hopefully after Q1 result.
LOOKING
FORWARD:
I will
decrease the number of Konecranes stocks at some point. I have read a few books
about investing during this month and I think I need to modify my portfolio strategy, and this will not happen fast. I would guess that next picks will be some
non-cyclical companies.
Regards,
CVM
