Sveafastigheter is the largest listed Swedish real estate company, that was IPOed 38 days ago. SVEAD was listed at a 50% discount to its peers.
There are very strong catalysts in the coming days that should start the re-rating.
- Sveafastigher, ticket SVEAF, is the largest residential owner listed in Sweden with 8 bln market capitalization and a free float of around 50%.
- Sveafastigher owns 14 470 apartments; 690 additional ones are in construction, and 7 200 is in development.
We introduced the investment thesis in our past post:
Latest company presentation
A detailed introduction of the company is in their Q2 presentation, that includes many slides from the IPO presentation:
Strong catalysts in the next days
- The company is reporting tomorrow its first quarterly report since it was listed.
- The major event will be the shareholder list from the IPO – there are very strong names – it is already on their www, but not many people noticed
- The day after it will be 40 days from the listing – that is the day of the blackout period – after 28/11, brokers will start publishing the invitation reports. there were five brokers in the syndicate. This could be a good newsflow.
Why we doubled our position today
Since the listing, SVEAD has outperformed the real estate segment, but it is still trading below the issue price of 39.5 SEK per share. We have doubled our position today. I believe the report tomorrow and mainly the initiation reports in the coming days should start the share price rerating.
Other opportunities
We are very bullish on Electro Optic Systems, the leader in shooting down drones. Do watch short video with its CEO released yesterday:
๐ช๐ฎ๐๐ฐ๐ต ๐๐ต๐ฒ ๐๐ถ๐ฑ๐ฒ๐ผ: EOS’ CEO, Dr Andreas Schwer, explains more.
๐ฅ๐ฒ๐ฎ๐ฑ ๐๐ต๐ฒ ๐ฎ๐ป๐ป๐ผ๐๐ป๐ฐ๐ฒ๐บ๐ฒ๐ป๐: https://lnkd.in/gJKYvD25
We are bullish Nebius, our largest position now. We are 150% over the last six weeks. We believe the share price could easily double over the next six months. Investmnet thesis:
https://seekingalpha.com/article/4736928-nebius-group-well-positioned-to-be-ai-megatrend-winner
We recommend to watch interview with Biovica CEO that was today published by Redcare research:
We are very bullish on Valuera Energy. Do watch their latest presentation. We are going to write in detail on Valuera soon:
Disclosure:
The goal of the blog is to provide investment ideas for further research. I/we have a beneficial position in the shares discussed above either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article. The article does not represent investment advice. Please do your own research before making any investment action.
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