Fit Investment Ideas

I just listened to Garrett Soden, Africa Energy CEO at Pareto conference. He brought a few new information: he said that the 11B/12B Deposit should be valued “at least at 5USD per barrel”. That is substantially more than the 3-4 USD mentioned in the below article, that lead us to invest in AEC. That meansContinue reading “Africa Energy update from Pareto conference”

Kyoto Group, an energy storage company started trading in Oslo. The IPO was launched at 62.5 NOK, but the share price went 25% down quickly to around 48 NOK. I called the brokers enquiring what happened. The explanation was: the company did previous funding round only in December 2020. At that time people were ableContinue reading “KYOTO FAILED IPO MIGHT BE AN OPPORTUNITY”

Kyoto Group (www.kyoto.group) launched its IPO through Fearnleys and Sparebank. The shares should start trading this Wednesday. Link to the investor presentation is below: Why is Kyoto interesting? Kyoto is very similar to Azelio. See below the share price of Azelio (https://www.azelio.com/). BOth companies offer a similar product. They are in similar stage. Both areContinue reading “KYOTO Group IPO trading on Wednesday”

SpareBank just issued analyst report on one of our larger positions. This seems to be no brainer investment. You are buying a company for cash it has. We have devoted one of earliers blog post on this when Fearnley issued their reseach on MPCES, which was equally bullish. The company is down due to overallContinue reading “MPC ENERGY – Priced at cash despite significant value potential in firm backlog”

Aker Horison (AKH) sold off together with the Scandinavian renewables sell off. The stock is down from 50 NOK to 30 NOK in four weeks. The company was hammered by the miss-priced IPO of Aker Clean Hydrogen (ACH). Pareto and ABG Sundal came with bullish reports on AKH today which drove the share price 8%Continue reading “Scandinavian OPPORTUNITIES TODAY”

We have bought Circa shares and Norske Skog (owns 32% of Circa) based on the below article from SeekingAlpha: https://seekingalpha.com/article/4407578-gain-exposure-to-hot-scandinavian-ipo-circa-through-largest-shareholder-norske-skog Today, Pareto Securities published a research report titled A Potential Giant in the Chemical Industry. The price target is 30 NOK, 90% upside from today share price Pareto research summary is below: Founded in 2006,Continue reading “CIRCA – A potential giant in the chemical industry”

Summary of SpareBank research published today: We initiate coverage of Rana Gruber, a Norwegian iron ore producer with likely the world’s most environmentally friendly iron ore concentrate, with a Buy recommendation and target price NOK80/sh (~NOK3bn market cap). The company is generating super profit in the current market, and we estimate that it trades atContinue reading “Rana Gruber is selling at PE of 3.”

The IPO bonanza in the Nordics stopped for a pause. The maket did not take well the ACH listing. The IPO was launched at 18 NOK and within two days traded down to 12.5 NOK. It hammered Aker Horisons (AKH). AKH is down 50% in last few days. There is detail analysis of AKH sumContinue reading “TRADING OPPORTUNITIES IN SCANDINAVIA”

We bought a position in Rana Gruber yesterday and today. It went down in the US market sell off. The thesis is simple. Rana is now earning half of its market cap per year. If you believe that due to the reopening the current high Iron ore prices will prevail, than each year Rana willContinue reading “RANA GRUBER IS EARNING HALF OF ITS MARKET CAP PER YEAR”

NEXT Biometrics just made the below announcement. We went bullish on NEXT following the below SeekingAlpha article. We are long NEXT. As mentioned in the article, the share price could multiply from here. The company is presenting today detail at 14:00. Longin details below NEXT Biometrics Sales Wins Should Drive Revenues 400% Higher This YearContinue reading “NEXT just announced 5 year partnership with Europe Tech giant.”