Week in Review 45/21

 

 

Welcome and thanks for reading!

In this review, I will make a summary of important and interesting news and events over the last week related to my portfolio holdings. Also, I will put together some interesting articles from other websites that caught my attention during the past week.

HCP, Inc. (HCP) out of the portfolio - Ventas, Inc. (VTR) in the portfolio

On Monday, March 26, I sold 100 shares of HCP at $22.15 per share and bought 50 shares of Ventas Inc. at $ 47.95 per share plus commission.

I've been thinking for quite some time that I will change HCP's shares to another healthcare facilities REIT, and now I have done it.

Week in Review 7/18

Welcome and thanks for reading!

In this review, I will make a summary of important and interesting news and events over the last week related to my portfolio holdings. Also, I will put together some interesting articles from other websites that caught my attention during the past week.

Recent Sell - General Electric Company (GE)

On 28 December 2017 I Sold 210 shares of GE at $17.36 per share minus commission.

December 8, 2017 GE Board of Directors declared a quarterly dividend a $ 0.12. This was 50% less than the previous quarterly dividend. The announcement did not come as a great surprise, it had been the subject of news already some time. However, I decided that I sell all my shares before the end of the year, and I use the loss of the 2017 income tax purposes.

Recent Sell - Avance Gas Holding Ltd (AVANCE)

On 29 September 2017 I sold 200 shares of AVANCE at NOK 23.00 per share minus commission.

In the summer of 2014, I bought AVANCE for the first time and then added another two times. I had a total of 400 shares, which I have now sold a half.

Recent Sell - Ensco plc (ESV)

On 25 February 2016 I Sold 155 shares of ESV at $7.63 per share minus commission.

24 February Ensco released its 4th quarter and full-year 2015 results. At the same time ESV announce to reduce its quarterly dividend from $0.15 to $0.01. This was the second time that the ESV announced dividend reduction in the last year and a half. Maybe I would have enough patience to wait for better times, if the dividend payment would only be suspended, but that 1 cent was mainly a joke!

Recent Sell - Golar LNG Ltd. (GLNG)

23 December 2015 I Sold 75 shares of GLNG at $15.50 per share minus commission.

Golar LNG Limited, a midstream liquefied natural gas (LNG) company, engages in the transportation, regasification, liquefaction, and trading of LNG. The company operates in three segments: Vessel Operations, LNG Trading, and FLNG. It is involved in the acquisition, ownership, operation, and chartering of LNG carriers and floating storage regasification units (FSRUs); and the development of LNG projects. As of August 18, 2015, the company, together with the fleet held by Golar LNG Partner LP, owned and managed 26 LNG carriers and FSRUs. Golar LNG Limited was founded in 1946 and is headquartered in Hamilton, Bermuda. (Yahoo Finance)

Recent Sell - Gazprom OAO

On Wednesday, October 7, I sold all my shares of Gazprom.

I bought those shares in the summer of 2012 for $ 8.95 and now I sold them $ 4.45. In three years, the value of the shares lost about half. There are many different causes, low commodity prices, international politics etc. My loss of this adventure came to € 1090.58. When I take into account the dividends received during the three-year € 127.21, the total loss is € 963.37. This defeat can I reduce previous gains on the sale of this year and to lower my rate payable by the capital gains tax. 

Taking a small loss was the main reason to sell Gazprom's shares, secondly, I do not think Gazprom's a very good dividend payer in the future, and I also wanted to reduce the political risk of my holdings.

Recent Sell - SP Yrityslaina B

Last Friday on 5th June I sold the remaining shares of SP Yrityslaina B at €84.42 per share plus commission. (Total transactions of € 8,013.06)

SP Yrityslaina B is a fund of funds with the objective to increase the value of the fund units in the long term by mainly investing the capital in investment funds UCITS that invest in bonds issued by companies. In the basic situation, Säästöpankki Yrityslaina non-UCITS fund invests 50% of its assets, excluding its cash funds, in the SEB Corporate Bond Fund EUR investment fund and 50% in the SEB Global High Yield investment fund. The fund is suitable for an investor that is seeking a higher return on their fixed income investments than what government loans offer in the medium-term from an efficiently diversified corporate bond fund. The recommended investment period is at least three years.

Recent Sell - Reduced SP Amerikka

Yesterday on11th March I sold 36.401 shares of SP Amerikka at €109.89 per share plus commission. 

Säästöpankki Amerikka is a fund of funds with the objective of increasing the value of the fund units in the long term by mainly investing the capital in investment funds UCITS that invest in the North American equity markets. The fund is euro denominated, but it has investments in other currencies, so changes in exchange rates affect the value of the investment (currency risk). The Säästöpankki Amerikka non-UCITS fund is suitable for investors who are interested in the North American capital markets and who are aware of the related opportunities and risks. The recommended investment period is over seven years.

Recent Sell - Golar LNG Ltd. (GLNG)

13 June 2014 I Sold 75 shares of GLNG at $51.35 per share minus commission.

Golar LNG Limited, a midstream liquefied natural gas (LNG) company, is engaged in the transportation, regasification and liquefaction, and trading of LNG. The company operates in two segments, Vessel Operations and Commodity Trading. It is involved in the acquisition, ownership, operation, and chartering of LNG carriers and floating storage regasification units (FSRU); and the development of LNG projects. The company owns and operates a fleet of seven LNG carriers. As of December 31, 2013, it operated Golar LNG Partner LP's fleet of eight LNG carriers and FSRUs. Golar LNG Limited was founded in 1946 and is headquartered in Hamilton, Bermuda.