Monday, December 30, 2013

Trade - Sell

I made a few sells last week. Here they are. All company ,listed below, I felt were overvalue or don't have the growth I would like to see.


Sold 17 shares @ $56.25 of  Vodafone Group Plc (VOD)

As you see here VOD is overvalue.




Sold 8 shares @ $35.06 of AT&T Inc. (T)

I sold T because it only increase its dividend this year by only 2.2%. In the past 4 years it has only increase dividend by 2-3%. Here you see that it is fairly value.





Sold 5 shares @ $61.25 of Magellan Midstream Partners, L.P. (MMP)

Here MMP is overvalue.



I will buy into theses company once the price comes down below fair value.

The money that I received from theses sold shares I put right to work in buying and adding a new position. I will post about the recent buy soon.


Have you sold anything recently? 


6 comments:

  1. Good job taking some profit Financial Freedom. It really looks like you made a nice move in MMP. I haven't sold much lately, but that's because I've been under invested, and haven't seen anything really tempting for my "swing trade money". Have a great week and a Happy New Year
    -Bryan

    ReplyDelete
    Replies
    1. Thanks fast. Yea i found them to be overvalue and I use the money to buy ESV that has great growth in the future.

      Delete
  2. Hi FF,

    AT&T will increase its dividend every year by $ 0.01 more. Therefore, the percentage increase is always lower, if the share price will increase.

    I also have VOD in my portfolio.
    I think they are not overvalued, because in January 2014, they will make the deal with Verizon (http://www.vodafone.com/content/index/investors/verizon-wireless-transaction.html)

    Best regards and have a good year 2014! :-)
    D-S

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    Replies
    1. With T there is not a lot of growth that's why I sold.

      After they finish with VZ and VOD deal I will look at VOD and how it does after the deal.

      Thanks for commenting and best of luck to you in 2014 as well. :)

      Delete
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