Holding Fkir over 8 years taken part in both Ri and can understand the fustration holding this stock, shorterm pre Brexit vote with all the global growth uncertainty & irish election i believe SP will continue to drift lower possibly dropping below 200dsma major support range usual sell in may adage also a factor for limited positive sp momentum i am keeping my powder dry for any sudden down spikes to top up.
I really don't understand why this share is languishing down at 25c. Yeah yeah OK we have brexit contagion and other EU issues but it just never performs as we expect. Goods news, it goes down and will then spike like Monday for no reason other than its the first trading day in April. Are we all kidding ourselves that this is a good investment? Divs of 0.09c projected, you can get that by a slight fluctuation in exchange rate. It's cr*p when they are making a billion plus. Someone needs to sort it out, reduce the number of shares and look after the shareholders. Grrr! Rant over
well the fees per anum are 0.51% , that etf actually has a NET asset value which is double the EUFN one you linked to , i was aware of that one too by the way , nothing wrong with it , gives you hsbc , barclays and credit suisse so all the big guns are in there , those three are arguably in as bad of shape as santander and bnp paribas etc , you also have the currency issue , euro is strengthening again so holding pound based stocks is not much use right now , i actually made some money owning prudential ( which i like ) for a month , sold it about 4% above where it is today but with the pound sinking daily , its really too much of a risk owning anything sterling based
also as its incorporated in Germany is it better to buy ETF or its make up. Im thinking here about the front end costs of stock buying (stamp duty etc) & the withholding tax?If you know off the top of your head, if not don't worry.
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