Dipping really well, I guess ![]()
Nothing new here, Tero is always so serious ![]()
Iâm quoting @Jarnis from the Outotec thread:
The drama of earnings day wonderfully encapsulated ![]()
âThe most significant non-recurring items in 2019 related to the Rauma poultry unit, headcount adjustments, and the write-down of the Danish balance sheet.â OVER 12 MILLION.
âThe exceptional situation in the Chinese pork market caused by African swine fever also affects to some extent the demand for other meat types and world market prices.â
Now 2020 begins on the plus side. Non-recurring items, which were a surprise to many investors in terms of their magnitude. An investment of 6 million in Rauma and the write-down of âoldâ equipment was ultimately better to do in the 2019 figures. Layoffs and Danish write-downs? Could someone elaborate⊠are more coming in early 2020?
However, revenue growth was a surprise to me, even if it was small. No dividend, that was known. Nevertheless, progress has been made. Confidence in the work remains.
{âcontentâ:âWhat was the market expecting from that earnings report to be sliding like this
In my opinion, the risks of a failed turnaround are smaller now than after Q3, when we climbed to touch 2.8e courses.â,âtarget_localeâ:âenâ}
Thatâs how it is sometimes.
In the autumn, I bought NoHo shares before the Q3 earnings report. All signs and fundamentals pointed to a strong report, and thatâs what we got. Yes! Right away in the morning, the stock shot up to a solid +9% gain, but the enthusiasm quickly faded, and by the end of the day, we were in the red. And it didnât even stop there; the stock slowly and sluggishly dropped by over 10%, if I recall correctly, over a month. Low-volume companiesâŠ
Even Inderes reacted to this, properly informing the market to just stop, thereâs no sense in this, there were no grounds for the drop. And so the stock gradually corrected itself, and I eventually managed to sell the shares for a decent profit at 11.15/share.
In the darkness of November, I definitely cursed and swore at my own slowness; I should have sold right after the earnings report, but holding on proved to be a smarter move in the long run. The fundamentals were in order at NoHo, and the fundamentals are also in order at HKScan.
Additionally, today is a small âskiing dayâ after yesterdayâs strong rise, as usual. Tokmanni and especially Neste reported strong results, but it doesnât show in their stock prices.
Iâm more worried about Outotec. Inderes might lower its recommendation. If that happens, Iâll swallow my losses and exit the ride.
One more addition about the difficulty of predicting market movements. For example, Nokia is predicted to face difficult timesâŠ
âDarkest estimates for Nokia from Finnish analysts â New smouldering fires emerging, long and difficult road aheadâ
Investors are predicted to face cold showers.
Inderes lowers recommendation to reduce level.
Stock price currently +4.81%.
Okay.
You read my mind, I was just thinking about this same Nokia analogy⊠Which company would you rather invest in if you didnât know their names ![]()
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Company A: achieved market leader position in a growing product category, strengthened positive cash flow, profitability improved in all market areas, revenue grew 2.9% at comparable exchange rates, strengthened cash flow and significant earnings improvement guarantee a stable foundation for 2020. Share price development 1 month -12%.
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Company B: we faced challenges in [our most important business] and in generating cash flow, we do not expect to achieve a cash flow level sufficient for dividend payments in the first three quarters of this year, 2020 will bring challenges, revenue decreased by 1%, we expect to perform somewhat in line with our primary target markets. Share price development 1 month +13%.
I have a bit too much of both in my portfolio, but I would buy more of the other if it wasnât already overweightâŠ
Wow, itâs really dipping (-5%)![]()
Gonna have to buy more soon ![]()
What was so bad about this now? Has anyone analyzed it? It seemed to me that the turnaround is progressing.
Had to add it again @2.17
OPohjola and Nordea were the dumpers, and when Nordea finished, Pohjola apparently still had some left, and the dumping looked a bit like it might have been the last batch? OP has sold 270,000 of those in a month.
Edit: Now that Iâve checked the ownership list, they certainly have enough stock if they intend to clear it out. That dump was just so crazy that it seemed like the last batch. The sellers are the Finnish Cultural Foundation and VR Pension Fund.
So no one was able to explain the reason for the fair bill? The views were also okay.
I believe HKâs problem, like Atria, Saarioinen, etc., is that consumer trade has become concentrated in the hands of S Group, Kesko, and Lidl. With strong chain management, itâs difficult to highlight premium, i.e., higher-margin products, in these stores; the chains only offer bulk items as sales points.
I know HKâs selection includes fantastic products, such as their antipasto mettwurst, which doesnât lose to its European competitors. The Bulldog pork with its spice mix is very flavorful. So the products are in order, with both bulk and premium options available.
In addition, store brands eat up a large share, as central organizations make manufacturers compete.
Products should be able to be sold directly to consumers with better margins, as Atriaâs meat online store attempts.
Finns have just been scared by talk of cold chain breaks and such.
There is potential for these products even for international sales, but getting there is a more difficult matter.
How does the saying go, when the insider buys, you should too. It already caught on from the 2.30 levels.
Did the administrative director trick me, as they also seem to have added on 6.2
The next batch will be around 2 erikeepers, if we go down there.
As a product tip, the cold cut in the picture.
My favorite is to put this, cream/port salut cheese, and a couple of cucumber slices on rye bread for breakfast. With a strong coffee on the side, even the most miserable Monday gets off to a pretty good start.
Itâs expensive (for ham), but as a shareholder, I can overlook that.
Really good product
