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 hasn’t 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.
I’ve updated the title and changed it to a stock request as it isn’t 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 don’t have to abide buy the rules of the exchange like reporting standards.
I have three investments that I don’t worry about. You know they will just keep growing and eventually spilt. They are (Drum roll)… 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 aren’t 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.