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Does Australia withhold taxes on BBL?
Initiated position in ADM
I believe that the market has already priced in a dividend cut for BBL (could be wrong, wouldn't be the first time). Commodity prices are at very low prices. Yes they and BBL's stock price could go lower. I had the cash available for a purchase and I was missing materials in my portfolio. This is a beaten down stock that is still making money. The fundamentals haven't changed for the company. Yes the disaster in Brazil has occurred and the fines could be high, but they will drag it out in court for years like BP, XOM, etc have done. Getting in at $24.28/share to me is a good deal. In 20 years, I doubt I will be upset with this purchase. Good news is that it's up today.
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Initiated a position in NXPI ... it doesn't pay a dividend ... yet
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12-02-2015, 03:50 PM
(This post was last modified: 12-02-2015, 03:54 PM by Rasec.)
Kind of unintentionally bought 25 shares of HSY, had a GTC order which I thought was set at $83 but apparently was $85 so it went through today. I could swear I inserted the order at $83 but I can live with it.
Edit: Another GTC just went through, TGT at $72, 30 shares.
These are 2 new positions.
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“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan