I am a GPW shareholder. My point of view: Downside risk is quite limited (valuation, dividend), there is upside potential (growth in trading, new initiatives) and you are remunerated nicely to just sit and wait (high dividend).
GPW invests heavily in new initiatives and has a goal beyond financial goals (creating a regional leading exchange...). This seems to be an issue for the market, but personally, I think this could become a major catalyst for growth if whatever of these projects will lead exceptional success.
I bought it but sold it for imho a better opportunity. The problem with GPW is that it has very slow growth in revenues, I am not sure why. Trading volumes and value on the Warsaw stock exchange are not growing very fast, valuations are cheap. Allegro was overvalued at IPO and lost value since. That may have turned many new investors in the WSE off. A decent dividend stock but there still has not been a shift to retail investing yet in Poland to support growth in GPW.
Great article!
I am a GPW shareholder. My point of view: Downside risk is quite limited (valuation, dividend), there is upside potential (growth in trading, new initiatives) and you are remunerated nicely to just sit and wait (high dividend).
GPW invests heavily in new initiatives and has a goal beyond financial goals (creating a regional leading exchange...). This seems to be an issue for the market, but personally, I think this could become a major catalyst for growth if whatever of these projects will lead exceptional success.
I bought it but sold it for imho a better opportunity. The problem with GPW is that it has very slow growth in revenues, I am not sure why. Trading volumes and value on the Warsaw stock exchange are not growing very fast, valuations are cheap. Allegro was overvalued at IPO and lost value since. That may have turned many new investors in the WSE off. A decent dividend stock but there still has not been a shift to retail investing yet in Poland to support growth in GPW.