Fit Investment Ideas

Circa IPO – After the first day positive trading CIRCA shares are loosing steam today. This is happening on many Skandi IPO. It did happen to Renewcell for example. It stagnated for a few days and than rebounded. The next catalyst will be in two weeks time – the end of blackout period (period duringContinue reading “END OF BLACKOUT PERIOD TRADING”

I communicated with Norske Skog Investor Relations today. The cost of Norske Skog’s stake of Circa is around 60 mil NOK. NSKOG owns 31.65m Circa shares. Circa IPO values that stake today at around 600 mil NOK. That is about 6.4 NOK per share, up from 0,64 NOK per share. I hope that the brokersContinue reading “Circa is now 20% of NSKOG”

SUBSCRIBE TO THE BLOG TO GET NOTIFICATIONS BY EMAIL Pareto Securities today included Norske Skog into their core Norway portfolio with 10% weighting. They state: “We think NSKOG offers an attractive combination of solid cash flows from existing businesses, supporting growth opportunities from converting capacity and non-paper initiatives.” We like NSKOG for three reasons: ItContinue reading “buying norsked skog before circa ipo tomorrow”

Next week will bring several interesting IPOs in Scandinavia to look at. Circa IPO was 15 times oversubscribed. Only largest investors got allocations. Circa IPO starts trading on 2 March. Circa has a potential to double on the first day and it should at least double in the next six months. Circa is a greatContinue reading “NEXT WEEK IPO PIPELINE IN SCANDINAVIA”

SUBSCRIBE TO OUR BLOCK TO FOLLOW OUR IDEAS US-based $950 mil mkt cap, 0 debt, $100 mil in cash, 72% margins, and 20% revenue CAGR. ERII dominates desalination indsutry. It has not lost a contract for large plant in five years. Achieved 40% savings for desalination industry. ERII entered a new industry : waste water.Continue reading “ERII GAME CHANGING TRANSACTION”

Mintra is a leading provider of workforce management systems for safety. SUBSCRIBE TO THIS BLOG TO GET NOTIFICATIONS BY EMAIL Mintra IPO was placed in late September at 2020 at 9.70 NOK per share. The IPO had a very strong interest and at the last moment the IPO size increased significantly. The last minute changeContinue reading “BUY MINTRA”

SUBSCRIBE TO THE BLOG TO RECEIVE UPDATES BY EMAIL MPC ENERGY RESEARCH BY SPAREBANK SUMMARY: MPCES (Buy tp NOK100) – IoC: Great combination of downside protection with net cash at 80% of m.cap and strong upside from value accretive renewable growthWe initiate coverage of MPC Energy Solutions (MPCES) with a Buy recommendation and a targetContinue reading “MPC STRONG BUY BY Sparebank, bullish on next biometrics”

The below idea proved very strong. The share price is up 20% since publication. NEXT Biometrics is reporting tomorrow. We expect strong report, that could keep the share price momentum. We are long NEXT https://seekingalpha.com/article/4406713-next-biometrics-sales-wins-should-drive-revenues-400-percent-higher-this-year The other long ideas include: Circa IPO / NSKOG – see the below article for details https://seekingalpha.com/article/4407578-gain-exposure-to-hot-scandinavian-ipo-circa-through-largest-shareholder-norske-skog AKER Horisons –Continue reading “NEXT BIOMETRICS REPORTING TOMORROW”

Summary of SeekingAlpha Article published today Circa IPO was 15 times oversubscribed. Only largest investors got allocations.Circa IPO starts trading on 2 March. Circa has a potential to double on the first day and it should at least double in the next six months. Circa is a great buy at launch. Investors can get exposureContinue reading “Gain Exposure To Hot Scandinavian IPO Circa Through Its Largest Shareholder”

There are several ideas for today: BUY NEXT BIOMETRICS – Pareto estimates that quarterly revenues could should grow 400% this year. Good write up here: https://seekingalpha.com/article/4406713-next-biometrics-sales-wins-should-drive-revenues-400-percent-higher-this-year#comment-88057372 BUY NORSKE SKOG – NSKOG owns 32% of Circa. Circa is doing its IPO. They convert biowaste into high grade chemical through patented process. Merck is the partner. TheContinue reading “Today SCANDI TRADING IDEAS”