Post your thoughts on Loudspring, formerly Cleantech Invest, in this thread. The share price has already dropped to nearly €1.20, after peaking at €3.6 before Nocart’s issues in Africa. Is there still long-term confidence?
There was talk some time ago that the Inderes analysis would be slightly delayed. I wonder what the situation is at the moment?
What a coincidence that I was just about to open my own thread for Loudspring when you wrote this. Luckily I checked first.
Indeed, already in May there was an announcement about starting coverage and publishing a report soon. Then, at the end of June, it was reported that the report was delayed due to difficulties in arranging company meetings during the holiday season.
Now, over a month has passed since that additional info. Time passes slowly when you’re waiting?? 
I’m looking forward to the company report. Before that, I don’t dare to do anything.
Is the FIM target price from a year ago (3€+ ?!) still valid?
FIM published a new analysis in the spring.
Nocart, which is 20% owned by Loudspring, seems to be going through a somewhat worrying period.
There’s now a comprehensive report out on Loudspring, this has been long-awaited Arvonluontia resursseja säästäen - Inderes
Hi
If the Loudspring report raises any questions for readers, I’ll be happy to answer them here.
On Twitter, the investment premium we gave to the company sparked discussion:
We consider the premium justified for three reasons:
Regards,
Olli Vilppo, Inderes
Thanks Olli for the good analysis. I can tell you’ve put a lot of time into it. The length was almost shocking but it definitely proved your dedication 
The difference to other analyses, e.g. FIM’s, was that you justified things. Others made ads but you did research What should we pay attention to in next week’s results when Loudspring releases its half-year results?
Here’s another good example of a banker-analyst vs. independent Inderes analyst.
The quality and depth of the analysis beats banks etc. 100-0 in Inderes’ favor!
In the half-year review, attention should be paid to the development of the most important core holdings. For Nuuka, SaaS revenue growth; for Eagle, order and revenue growth; for ResQ, marketplace volume growth; and for Nocart, potential additional information on the company’s financial situation. Enersize’s development and customers who have moved to the savings distribution phase should also be checked from the company’s own H1 review, which will be published on August 28th.
Loudspring’s share price down over 15% after earnings release https://www.inderes.fi/fi/tiedotteet/loudspring-oyj-puolivuotiskatsaus-11-3062018-tilintarkastamaton
Edit: this probably weighs even more Jättisopimus Sambiaan, pörssikurssi ylös – ministeri mainosti yhtiötä, voimalahankkeet täynnä kysymysmerkkejä - Suomenkuvalehti.fi
Loud would be a target I’d gladly invest in (and owned for a while), but right now my confidence is pretty much at zero.
Communication has been really poor, and only positive things have been hyped up. Negative news has been completely omitted. Of course, this isn’t entirely Loud’s fault, but rather the owned companies’ communication has been weak.
It’s better to wait in the stands and see where this whole thing leads. Will they hit a ravine, or will Loud manage to turn things around?
Didn’t this just get a buy recommendation and a target price of 1.05e? This seems to be Inderes’s worst analysis flop. It doesn’t quite compare to Martela in terms of overall decline, but otherwise, this recommendation is close to a record for failures.
Is Olli still of the opinion that the company is open about giving information about its operations, as he mentioned in the video? How much of the analysis was based on information received from Loudspring without being able to concretely verify it? What about the trust in this company’s future?
I’m not familiar with Nocart’s situation, but sometimes it feels like SK’s journalistic methods make even the good guys look like villains. There are always many sides to every story.
I’m a novice stock/fund saver. I’ve been following Loudspring’s journey for some time. The drop has been quite significant, and I’m not familiar with the actions during the IPO, but in my opinion, ups and downs are part of the game. The latest drop is indeed quite large percentage-wise. I personally started with a small investment now, even though it feels a bit like a risky investment. The industry is at least interesting, and I have no doubt that the company has plenty of challenges. It might turn into a complete flop, but I think we are on a good path.
I’m just updating the analysis here. It will be out by Monday at the latest.
Nocart certainly leaves a conflicting impression. The potential for decentralized renewable energy is pretty much limitless, but Africa is not the easiest market, and the chaos surrounding the company increasingly brings Talvivaara to mind every day… we’ll see what happens.
Was it something like that even if 9/10 companies fail, one solid success is enough for this fund… #bigpicture
This is computationally impossible to achieve, or place on some horizon. A twenty percent premium for growth prospects, heh heh. However, if the offering comes with a good deal, I’m even willing to double my stake in this bet. I have that much sportsmanship in me
I really don’t understand the premium thinking here at all. If companies benefit from being owned by Loudspring, then those companies should be valued accordingly, not by adding some strange premium on top. Companies with a couple of million in revenue growing rapidly are somehow seen as Loudspring’s success. A premium would be justified if Loudspring had solid evidence of profitable corporate arrangements.