Recent Buy: Hexagon Composites & Nexgen Energy

Yet another tiny maintenance purchase. Today I bought additional 100 Nexgen Energy shares for 2,17 CAD per share and 10 Hexagon Composites shares for 41,20 NOK per share. Nothing new here as hydrogen and uranium sectors are currently the most interesting plays I know. I’ll continue to make these small purchases monthly and will consider additional bigger purchases case by case. I’m also considering additional positions within these sectors as fuel cell manufacturer(s) would fit in nicely and uranium sector in general is really difficult one to pick winners in.

Recent Buy: Hexagon Composites

I was originally thinking about initiating a position on Powercell Sweden to complement the primary hydrogen position in NEL ASA. I decided to skip on it for the time being and initiate a position on Hexagon Composites instead. I’m still looking into fuel cell manufacturers but let’s see if I’ll ever pull the trigger. For now I will most likely focus on building a minor position on Hexagon. This initial position consists of mere 70 shares bought for 30,85 NOK per share.

Recent Buy: Nexgen Energy

Small addition to the speculative growth portfolio. This uranium play also complements the existing UEX position. I’ll keep these positions small so I bought just the initial 200 shares of Nexgen Energy for 2,07 CAD per share. Uranium is one of the sectors I’m focusing in the secondary portfolio as it’s providing one possible solution for the climate change actions but it’s also very interesting just because of the cyclical nature of it – when the cycle turns, it really turns.

Recent Buy: NEL ASA & Short Term Strategy Change

I’m repeating myself but I bought additional 200 NEL shares for 4,958 NOK per share. I’m nibbling away on a slow pace for now as I’m also considering alternative hydrogen stocks to spread the risk a little bit. Having said that, I’ll most likely postpone purchases in the main dividend portfolio to see how the most significant risks for global economy will play out. Those would be mainly the trade deal deadline between China and US but also the deadline for brexit deal. Meanwhile I’ll mainly deleverage and wait for possible market corrections.

Recent Buy: NEL ASA

Small maintenance purchase once again. Today I bought additional 130 shares of NEL ASA for 5,115 NOK per share. Slowly nibbling along towards the target position size of ten thousand shares. Then again I’ve been thinking about spreading the hydrogen play across multiple companies such as Hydrogenics, Powercell Sweden, Ballard Power Systems. Those four would cover the speculative growth aspect and could be accompanied by Air Products and Chemicals in the primary dividend portfolio.

Recent Buy: NEL ASA

Plans are made to be executed and this one is the monthly maintenance purchase for the secondary growth portfolio. I bought 100 shares of NEL ASA for 5,28 NOK per share. Tiny purchase but I’m hoping to get some below 5 NOK. Let’s see if that happens as the sector seems to be steaming ahead nicely.

Recent Swap: Diageo for Sampo Plc and Apple Hospitality REIT

Busy day today. Apple Inc. posted a revenue cut yesterday and dropped post market and today. I was tempted to add on it but decided to execute a swap with remaining Diageo shares. I sold all the remaining 30 shares for 138,53 USD per share. In retrospect I should have sold all of the shares back when I sold the first 20 shares but that’s not a big deal. I still consider the the valuation to be a bit stretched and yield is on the low side though growing. I deployed some of the money back to Sampo Plc and Apple Hospitality REIT  – both equipped with seemingly much better valuations and yields. I bought additional 100 shares of Apple Hospitality REIT for 14,19 USD per share and 30 shares of Sampo Plc for 38,36 EUR per share.

Now that I’ve exited the whole Diageo position it’s time to check to results. I bought to original 50 shares for 5497,98 USD and sold the shares for the total of 7048,17 USD. Realized capital gains were therefore 1550,19 USD before taxes and commissions. Total dividends received came in at 435,01 USD before taxes. This is a result I’m very pleased with. I still like the company and it’s very likely that I’ll buy back these shares if the price comes down to 110 USD per share range.

Recent Buy: Loudspring Plc

Minimal maintenance purchase for secondary growth/risk portfolio with a purchase of 100 Loudspring shares for 0,33 EUR per share. There has been some small insider activity lately but other than that not much has changed. This is a make it or break it position for which the results will be judged in 10-20 years.

Recent Buy: AT&T, Philip Morris Inc & Apple Inc.

Last weeks have been intense in various markets. FED increased rates yesterday and sent stock lower. Same trend continued today I we are seeing unusually high yields here and there. I decided to deploy some money and subsequently returned to the exposure level I had before selling the Norwegian dividend holdings. AT&T is an existing core holding covering US telecom sector and also streaming & content. Current valuation comes with an usually high yield and recent raise as a cherry on top. Philip Morris is bit more problematic. Original thesis was the exposure to lucrative vice business and possibilities for weed additions. We haven’t seen the latter yet but maybe we’ll get there. There are some possibilities with iQOS and co-operation with other companies in the sector. At least the business should be very recession resistant and comes with unusually high yield. Apple on the other hand is a core holding covering technology, services and especially high margin consumer products. The stock has dropped lately due to trade war tensions, slowing sales and patent disputes. I chose to take all that as a short term noise – long term case is still there.

  • bought 50 shares of AT&T for 28,50 USD per share
  • bought 20 shares of Philip Morris Inc. for 69,80 USD per share
  • bought 10 shares of Apple Inc. for 159,99 USD per share

Recent Buy: Apple Inc.

Apple has been dropping lately. Sure they might not grow ever again, sure the iPhone market could be fully saturated and all that. Let’s see in a decade or so. I bought additional 10 shares for 169,51 USD per share. They must hate this down trend with the buybacks and all…