@_TeemuHinkula It looks like you’ve been keeping this thread alive practically on your own here. Let me contribute at least a little something to this thread from my part.
I am still a shareholder in this “sh*t plant”, which I still find to be an interesting and competitive investment option as a company. Unfortunately, due to other commitments, I haven’t been following the company’s progress very closely. Nothing very significant has happened in the company recently either, if I’ve understood correctly. Fairly steady going, even though quarterly results for this type of company fluctuate heavily. I personally like to follow the order backlog and its development in quarterly reports, as well as the news published by the company about new projects sold. The company issues a press release whenever a larger deal is made. As I understand it, the threshold is a 15 million (NOK) deal, which triggers a press release.
Yesterday, a release came out about a slightly larger project sold to Mumbai. The size of the deal is 100-200m (NOK) and it will be completed by the end of next year. This is already a fairly large deal since the company’s annual revenue is around a billion. Below is a link to the press release.
The share price has recently been fluctuating around the 15-20 NOK range. A rise of about 10 percent following this news. I indeed still find the company interesting due to the growing market. There are risks, of course, but I believe the upside potential is also great, if the market grows at the expected double-digit rate per year and Cambi manages to maintain its position as a market leader in this small niche field.
So far, the stock doesn’t seem to attract much interest from retail investors. It’s interesting to be involved at the so-called early stage, if the company grows to be even moderately large and reaches the billion-euro scale. Market cap in euros is now around 200m.