The last few weeks, I have bought shares in Royal Dutch Shell B, and in BW Energy. I have also sold all my shares in Treasure ASA. I still believe Treasure holds value, but I think I can get better results elsewhere. Regarding BW Energy, see my seperate post about this. Royal Dutch Shell is… Continue reading Changes in positions
BW Energy is finally listed on Oslo stock exchange. BW Energy is a spin off from BW Offshore. As stated in the IPO “BW Energy is a growth-focused oil and gas company involved in the acquisition, development and production of proven oil and natural gas fields, and currently holds majority interests in three hydrocarbon… Continue reading BW Energy listed.
Yesterday I bought a few shares in Kraft Heinz company. This is a situation where I believe Mr Market is too depressed. Although Kraft Heinz is facing more competition from more healthy alternatives and from the stores own brands. I believe it is still a good investment. As a result from the SEC investigation, they… Continue reading Kraft Heinz
So how did I do in ’19? The total portfolio value ended at 525 671 nok. Compared to 2018’s 397 428, it is an increase of 128 442, or 32,26 % However, this figure is somewhat misleading, since my largest holding (BWO) plummeted in Q4 18, and regained the loss in 19. Also, I… Continue reading Financial status of 2019
2019 is soon over, and I have reviewed my portfolio. Some shares went out this year, among them Kid, Europris and Melhus sparebank.. This was not a smart move, since they have continued to performe well since then. Anyway, If Kid or Europris fall back somewhat, I might buy again. They are probably the… Continue reading A look at 2019
Today I bought a few shares in Sandnes sparebank. This is a local bank located in the south vest of Norway. Nothing exiting about this – but neither should it be. At current pricing (64,50) it has a p/e of 8,44, a p/b of 0,53 and yields 8% a year. After the Q3 presentation… Continue reading New purchase
As Ocean Yield hit a low of 49,50 nok a share, I took advantage of the opportunity. Currently it yields $0,19 each quarter, but if the FPSO is not on contract early next year, the dividend will be cut to $0.16 or $0,64 annually. Even with the cut, it will yield around 10% a year,… Continue reading Increase in a great dividen yielder