Fit Investment Ideas

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”

Next Biometrics started selling new FBI approved fingerprint sensors. Sales wins multiplied. Pareto estimates 400% sales growth this year. Share could multiply from this level Next raised 90 mln NOK last night. Some people might be selling. Good opportunity to enter this morning. very good write up here:https://seekingalpha.com/article/4406713-next-biometrics-sales-wins-should-drive-revenues-400-percent-higher-this-year

Circa today announced its IPO. Norske Skog owns 32% of Circa. The IPO is expected to be prized at approximately 1.5 billion NOK. Norske Skog stake is therefore valued at 500 million, or 5 NOK per share of Norske Skog. It was valued at immaterial amount. It NAV should therefore increase by close to 5NOKContinue reading “CIRCA IPO will DRIVE NORSKE SKOG UPSIDE”

MPC Energy Solutions (mpc-energysolutions.com) is a solar power company. Its IPO was launched two weeks ago. It is new in the market and therefore off radar for many investors. That creates an opportunity. Scatec Solar trades at 6 times its book value. MPC trades at a bit above 1 times book value. According to theContinue reading “MPC Energy should double in next six months”

These are my top picks in Scandinavia. I am very long all those stocks. I increased position today in NSKOG and AKH. Aker Solutions – there is an investor day on Monday. They will announce going green. Three days play. No brainer Aker Horizons – very bullish on this one. So many catalysts in theContinue reading “My top picks in scandinavia”

Clarkcsons just released their research on AKH: Lighting The Path Ahead Aker Horizons is a newly-formed holding company for the renewables and cleantech investments of the Aker Group, which has helped to establish some of the best-performing renewables stocks traded in Oslo, including Aker Carbon Capture and Aker Offshore Wind. The success of these spin-offsContinue reading “Buy AKER HORIZONS BEFOR INVESTOR DAY ON MONDAY”

MPC Energy IPO was placed two weeks ago. There was 14 days blackout period for the IPO syndicate banks, in which they are not able to publish research. That ended last Thursday. The syndicate had two members : Fearnley and Sparebank. Fearnley published yestarday very bullish report (go to fitinvestmentideas.com for details). The other memberContinue reading “Short term play on MPC ENERGY”

From Fearnley Research published today: MPC Energy Solutions (Buy, TP NOK 90/sh) A First-Class Growth Vehicle is Born We initiate coverage of MPC Energy Solutions (ticker MPCES) with a NOK 90/sh Target Price and a Buy recommendation. MPCES comes across as a highly appealing way of playing the Renewables space, citing 1) an initial portfolioContinue reading “We are long MPC ENERGY”

AKSO – Buy ahead of CMDTrading update today with strong underlying figures, but COVID-related one offs of NOK 350m appears to steal the headline as the stock is trading 4% lower. There is no continuation of these one-offs into 1Q20 according to the company. We believe AKSO has taken out the trash ahead of theContinue reading “ONE WEEK trade in AKH and AKSO”