What do you guys think of Telenor as a business? It one of few telecommunications company and can see massive growth if the management can pull it off.
The company itself is slowly is having a stronger international presence, although the road hasnโt been smooth. The stock goes up and down and growth is more within the dividends (or so I read) it a stock that not really performing but the protental is there but only if the management make good decisions.
Iโve updated the title and changed it to a stock request as it isnโt on the app.
Currently, OTC stocks are traded directly through market makers and are not listed on exchanges like NYSE/NASDAQ. This can lead to higher volatility & higher risk as the companies donโt have to abide buy the rules of the exchange like reporting standards.
Its primary listing is on the OSE (Oslo stock exchange) and perhaps in a general Freetrade European roll out this stock could easily come into the Freetrade stock universe.
I have three investments that I donโt worry about. You know they will just keep growing and eventually spilt. They are (Drum roll)โฆ JP Morgan, Johnson & Johnson - US market (Not their UK stocks) and the S&P500.
With Telenor, the shares are not performing as I would like. The business feels like they are trying to reach the honey pot but their fingers arenโt quite long enough.
My long term investments I want to be strong players that can recover quickly during down turns, hence why I picked those three stocks and only top up those three using Freetrade
Telenor I can see what they are trying to do, and they could grow, but I want to be more confident. I keep Telenor seperate from my big three investments.
Telecommunications as rule has been doing badly. BT I have no confidence, AT&T have made too many self-destructive decisions. Telenor are operating in growing countries but never seems to actually grow significantly in these markets, it like I said, they are not quite reaching in the honeypot.