Abelco - Small private equity investor from Sweden

So, this is a small private equity company located in Sweden, with holdings in interesting industries and companies. The management seems to be doing well, and a lot is happening.

Here are the company’s holdings, among the most interesting of which are iCandy Interactive, listed on the Australian stock exchange, Quickbit, listed on the Swedish stock exchange, and RightBridge.

iCandy Interactive:

  • A company that makes mobile games
  • Growing well, and the games being released are increasingly successful
  • Last November, a huge success with the new game Masketeers, and now the release of the new game Claw Stars is underway, which, according to preliminary information, will be an even bigger success
  • Contracts signed for bringing games to the Chinese market, which may happen/be announced in the coming months
  • 34.4% ownership of the company, market cap 42 million euros

QuickBit:

  • Listed on the Swedish stock exchange
  • Has released an application for buying/selling/using cryptocurrencies
  • Just renewed its board, bringing in good expertise
  • Hot industry
  • 4.8% ownership, market cap 62 million euros

RightBridge:

  • A company focused on e-sports
  • Has acquired ownership in e-sports teams and leagues largely with its own shares
  • At least according to news reports, it intends to go public this year

Below is an analyst’s assessment of the company; the current share price is below the bear, the company’s market cap is small, but there are many options, etc.

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Not an investment recommendation, ping FIVA.

Edit: I own shares in the company.

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