I’ve been fishing for some shares here for some time, and today I finally got some at 116 nok a share. This leads to more diversification for my portfolio. I expect a yearly dividend of at least 8,5 nok in the years to come. You can read more about Melhus here: https://valueinvestorsite.wordpress.com/2016/09/14/new-addition-to-the-watchlist/
Melhus Sparebank is a full-service bank located in Melhus south of Trondheim. It is present in five different places in, and around Trondheim. It has about 17500 customers. The bank provides banking services to individuals and small and medium sized companies. The last 15 years it has payed a dividend between 8,5 and 13,5 Nok. Last years… Continue reading New addition to the watchlist
Today (5.9.2016) Wilhelmsen announced a merger with Wallenius to form a new ownership structure named Wallenius Wilhelmsen Logistics ASA. The proposed merger is expected to enable synergies between USD 50-100 million. The stock is currently up 15.84% on the news. More information here: Wilhelmsen, Wallenius Merge to Form New Shipping Platform
Ocean Yield is my largest investment in public traded companies. On the 31 August they did a private placement of 862 MNOK. A total of 13,462,857 shares have been added.The new investors got their shares at 64 nok a share. This will lead to more shareholders to share the dividends, so all things equal, this… Continue reading Private placement in Ocean Yield
Yesterday I added a small amount of Deap sea supply shares. This doubled my holding in dessc, and I got them for 1,46 nok a share.
There has been a nice development in my portfolio this summer. Since 30.06 it has increased by 21,55 % The main contribution came from BWO. I participated in the placement at 0,10 nok, and I have sold about 1/3 at 0,27, and another 1/3 at 0,32 nok. I will use the cash to increase the… Continue reading Portfolio update August