27 March, 2019 seen 92
On February 11th, 2019, I bought an additional 200 shares of Ekspress Grupp (EEG1T) paying EUR 0.98 per share.
As this…
On December 2, 2019, I sold all 530 shares of Ekspress Grupp I had, getting EUR 0.78 per share, to finance the purchase of US stocks.
Ekspress Grupp has been in my portfolio since 2017. I remember I bought it while sipping cocktails on a lovely balcony in Crete, Greece
Ekspress Grupp was neither a good nor a bad investment. After holding it for about 2 years I lost about 30% in value, but as my holdings here were rather small - nothing to complain much about. Ekspress Grupp cut the dividend to 0 in 2019, and taking that in consideration was a candidate to sell-off.
The good news is that I won't need to pay any tax on this as I have already paid dividend taxes and there is no need to pay tax on a losing position.
Ekspress Grupp has contributed to the dividend income in 2017 and 2018.
Right now I'm focusing on my US stock portfolio and plan to sell off more Baltic stocks I held in the future