Yeah, I wasn’t directly referring to you, but many people here on the Inderes forum have talked about it and said they’ve bought/are considering buying.
Well, I admit, many have added it to their portfolios after reading about it here. I can’t say more precisely than that. Big investors or similar might not have picked up on this yet.
I’m keeping an eye on Ovaroa (sorry, not Oravaa) and will add more if it drops below 5 euros. I think I already added a little.
On the growth side, Qt fascinates me, though I’m not sure how much it’s worth paying for. In any case, I’m eyeing it. It’s interesting to follow the automotive news as it aligns quite well with Qt’s own communication.
With Taaleri, as the market cap approaches 200 million, I start having a quiet dialogue with myself. However, I don’t feel any rush with financial firms given the current times.
In a hazy future, I dream of Asiakastieto, although it would take a pretty big apocalypse to get it cheap…
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I also vote for Ovaro - at the €5 level, we’re talking about NAV -50%, or “two apartments for the price of one.”
Hmmm…aren’t some comments getting a bit mixed up here? The “buy and hold/forget” strategy is more about QUALITY investing than VALUE investing. In value investing, as I understand it, it’s crucial to sell shares and realize profits once the undervaluation resolves.
Good thread starter @Toni_Onatsu! 
Regarding @Koli’s comment, I would say that categorization is always a bit artificial. Growth investors rarely clamor about buying expensive stocks, but rather stocks that are cheap given their growth 
There are also many kinds of “value investors”: those who emphasize asset-based cheapness, those who emphasize cash flows, etc. For one, Nordea is a quality company; for another, it’s a mediocre bank in the midst of a risky digital transformation, etc.
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I agree that these categories are not clearly defined (when looking at companies), let alone truths handed down to us by gods.
Still, I would diagnose some kind of identity crisis if an investor calls themselves a value investor and simultaneously implements a “buy and forget” strategy.
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@Koli This is why I try to be quite precise in my word choices.
Regarding Harvia, I mentioned earlier that it “could fit into a buy and forget portfolio.” I didn’t say that I myself would hold it indefinitely. Perhaps I’ll sell it when the biggest undervaluation unwinds, perhaps not.
In my opinion, Harvia is a value company at the moment, which is why I brought it up here. Someone might consider it a quality company. Someone buys it to hold, another waits for the undervaluation to unwind. But even though I own it, I still don’t immediately call myself a value investor specifically. Because not all stocks in my portfolio are value companies.
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But! Since we’re talking about value investing here, it might not be entirely relevant to use the term “buy and hold/forget” (I like the word forget) when bringing up a case. So, good point (if Koli was referring to my comments).
Let’s continue
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Uncle Masse is already getting his qualities and values mixed up. If value investing is all about acquiring stocks cheaply, waiting, then selling and cashing in profits once the undervaluation has unwound, then all of Masse’s stocks are value stocks:))) Even those risky tiny First North GROWTH companies:)))
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I guess Outokumpu was forgotten. ??
I wouldn’t go splitting hairs over the definition of a value investor. While the term can be viewed from slightly different angles, I think it’s reasonably clear. At least when compared to growth investing.
How do you see Uponor for a value investor? Currently, we’re looking at these figures:
- P/E 9.24
- P/B 2.36
- Dividend yield 5.41%
The stock has taken quite a beating from investors over the past year, -42.58%. Although a value investor typically doesn’t stare at pure technical analysis, over a five-year period, it’s trading below all the hellish support levels.
There’s been enough fuss about the construction cycle. This stock hasn’t managed to enjoy the strong construction boom in recent years for one reason or another. It would be nice to hear opinions on the stock and the company. I haven’t had time to delve into the earnings reports, etc., yet, but it’s possible that the explanation for this poor performance can be found there too.
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From a TA perspective, it’s a falling knife.
- A daily trend reversal would require breaking the 10.54 resistance and “follow-through”.
- I’m not familiar with the company’s fundamentals, but the market is rarely this wrong about everything being fine.
- MA200 is the yellow curve, which was broken at the beginning of the year.
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Quite an interesting picture. It’s clear that when a stock has dropped so much in a month, it will be well below the MA200. From a value investor’s perspective, however, that’s almost more good news.
Hopefully, Danske Bank will fall into this category and the fines won’t be as Jyske predicted.
Our King Gong hitched a ride with Harvia, so it must be a value stock :)) The sauna heater might go to IoT faster than anyone expects…
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When people realize this, a considerable rise is to be expected.
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A month’s decline rarely causes a healthy company’s stock price to fall below the MA200. Typically, it’s a result of a prolonged decline, as is the case with Uponor’s stock.
I would personally ensure a trend reversal before going long, regardless of whether it’s a value stock or any other company. In itself, a pretty good-looking uptrend seems to be starting; perhaps the fundamentals are improving and the market believes in it.
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I don’t really know what ‘category’ of stock Fiskars belongs to, but with the stock’s decline, it’s starting to be tempting, though the negative risk is a bit scary. However, the Ehrnrooth family is behind Fiskars, which gives me confidence, and I’m looking at this stock with a long-term perspective. It pays good dividends (as is common with family-owned stocks) twice a year. I’m wondering what Fiskars Group’s future ‘axe’ will be for slicing up that money 
I’ve also started looking at Fiskars as a potential buy. However, I’m waiting to see what happens in the Living segment during the rest of the year. By buying Fiskars, you also get a big slice of Wärtsilä, which I also find attractive. The management is trying to bring a lot of changes to Fiskars, which is also indicated by its first-ever CMD in its history and the renewed Fiskars Group design. Hopefully, these reforms will bring new positive winds to the company.
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