This stock has also experienced quite a deep dive, having just hit a 16-year low. I was close to acquiring the first batch after Inderes’ comment, but luckily, for once, I slowed down and examined the company’s situation more closely.
Even the share price reaction versus the magnitude of the profit warning was, in my opinion, exaggerated. Now I’m even more puzzled by this continuous slide, as Aspo is not a crisis company; its figures are quite tolerable, and the future, in my opinion, looks good, even very good, once the war ends.
I watched the roast and subsequent interviews, based on which the disengagement from Russia went smoothly. Growth has been sought/is being sought especially from the Baltic Sea region. The new “green” fleet is gradually growing, hopefully in line with demand. The targets are really ambitious: a billion-euro turnover with good profitability by 2029 and a division into infra and compounder companies. And this doesn’t look bad even in light of Inderes’ much more modest forecasts.
I don’t quite understand who is selling this and why (dividend?), but I started support purchases. If insiders also joined the buying spree, I wouldn’t hesitate to add significantly. The CEO already has a decent ownership, but others have quite modest holdings.