SWED-A - dividend yield already great, could be hit with news

I've already bought some and am going to hold on for a long time. Swedbank makes like 20%+ off their capital in my home country. It's a disgrace : )

Trade active

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Bought at 168.10 on 2019-02-21;
Bought at 132.00 on 2019-03-29.

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More news...

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Should attempt a re-entry if it recovers near my ~149 average. Because who is expecting any news about Swedbank to be good?

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It's almost guaranteed to take another dive once reports start coming in in autumn.

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Rates will go into further negatives...spells shit for big banks. Probably have to start eyeing for an exit this month.

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Price is going up before July 17th earnings. Means insiders know they're going to be good?

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Looks like Bonnier Group has been ordered SWED-A 'go lower':
aripaev.ee/borsiuudised/2019/07/16/rootsi-meedia-swedbankil-voimalik-suuria-keemiarelvadega

Earnings tomorrow. Probably doing fine.

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Shouldn't have ignored myself...

There goes the fat dividend: bloomberg.com/news/articles/2019-07-17/swedbank-slashes-dividend-pledge-amid-ongoing-laundering-saga

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EPS down 9.87->9.46 compared to 2018. Then people paid SEK 200+ for the stock though. I'm not expecting SWED to recover SOON, but nonetheless.

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Entering now, buying more if some news beats it down to 100 would probably have felt really good : )

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Now it'd just be irresponsible to fine them billions of dollars : )

Trade closed manually

Sold 127, wanna do some IPO gambling with the money:

LauriElias

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LauriElias

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