Quutti is popping up in every thread. I’m following the discussion with interest. The forum members are extremely angry.
At OP, because OP released an announcement about the CFO’s resignation a bit after nine, giving forum members several hours to sell Quutti.
At the CFO, who sent an email and enabled the earlier selling.
At QT, which released a statement on the matter, as they apparently are supposed to according to the rules. Following the announcement, the share price plummeted 10%. Wrongly announced!
At Inderes, which did not use insider information and acted according to guidelines. Inderes’ announcement this morning has enabled a proper perspective on the matter. In my opinion, they are speaking in the interest of the shareholder. Here is a quote of the last sentence: “However, the stock’s price drop yesterday (-10 %) in response to the news seems very harsh and reflects, in part, investor distrust.” In my own interpretation, this is a subtle way of saying it might be a buying opportunity. Inderes probably “isn’t allowed to talk the price up,” but maybe they did it nicely. In Timontti’s picture, it could say “we are angry.”
@Verneri_Pulkkinen. Besides admitting that I made my own meme with humor (whether good or bad, that’s another question), I also admit that I was confident that the OP hadn’t done anything illegal here, and that it wasn’t really a matter of insider information. I trusted that what your analyst wrote was true – after all, you are the professionals in the securities market.
I just have to say that, according to Inderes themselves, this is not inside information, so why on earth wasn’t the information available to everyone? I would view the matter differently if the analyst had said that they couldn’t share the information because it was inside information. That is definitely not what was said.
Say what you will about QT, but at least life aboard this growth rocket is never boring.
Maybe we shouldn’t be measuring returns in (negative) percentages, but rather in the number of friends made on discussion forums. So far, the share price performance in that regard seems a bit weak as well.
I need to correct my own text. We are likely moving in a bit of a gray area. I have worked, for example, at a Finnish engineering company. Often, for instance, winning big deals could be identified in advance by certain indicators. The stock price might rise because of them, and you knew it beforehand. However, in my opinion, it was impossible to profit from it because you didn’t know the exact timing of the announcement. It’s a similar situation with personnel changes. They are certainly noticed and known in advance. But when they become public is unknown.
Now, it was possible to profit from OP’s announcement, but few did. I noticed the announcement before the stock exchange release and actually bought Kuutti (Qt Group) too early, as it had dropped so much over what I considered insignificant news (Wrong conclusion). After the stock exchange release, I bought again.
U.S. President Donald Trump announced earlier on Friday that he would appoint Kevin Warsh as the new Chair of the Central Bank. In your opinion, does Kevin enjoy the confidence of the markets?
Having worked in various factories for nearly 20 years, I would say that only a small fraction of people are capable of creating value (new and advancing) in design, IT consulting, or coding.
I have seen so many technicians who were so good that, from a national economic standpoint, it would have been worth training them as engineers, even by force. Of course, in these cases as well, they had transitioned through their work into prototype manufacturers / innovators.
Car enthusiasts and farmers often seem to be quite the “electrician-plumbers.”
But can, for example, 20 percent support 80 percent of the population? I don’t believe so. I suspect that Finland, too, will be forced to increase wage gaps just to reach, say, 30 percent.
Productivity growth within even a small group can drive the wages of the entire nation, and consequently the standard of living, upward. This mechanism is revealed when examining wage development in sectors where productivity has remained stagnant or even declined over the last hundred years, such as theater actors and priests.
Why do wages in these professions rise every year even though their productivity doesn’t change? Because there is demand for the services they provide, and if wages didn’t rise, all workers would flee to sectors where productivity and, along with it, wages are increasing. Wages must therefore always rise to the lowest possible level at which workers in the national economy agree to show up to provide services. Consequently, being a theater actor or a priest will always inherently be low-paying work, but even they benefit directly from wage trends when a coder in another firm adopts AI tools, raising their own productivity and the general wage level.
We have a vast number of workers who, on an absolute level, do less work than their average Chinese counterparts but earn many times their salary because a smaller group of workers in our economy pulls everyone else upward with their productivity growth. To sustain this development, it would be important not to artificially prop up low-productivity sectors, as there is only a limited amount of labor and talent available in Finland. Every potential startup entrepreneur who ends up as an agricultural entrepreneur continuing their family farm due to agricultural subsidies is a huge loss for the national economy and for all of us, no matter how much they wake up at the crack of dawn and toil for 12 hours a day with animals and plants.
In fact, Finland has very good conditions for milk production in Southern Finland. If you consider where in the United States milk is produced (Michigan, for example), the conditions are very similar.
During a bright summer, a very competitive amount of fodder is obtained relative to the price of farmland, even though Germany might produce more per hectare.
The conditions for running a barn are good on average year-round; neither heating nor cooling is much needed. Unfortunately, solar panels do not generate electricity during the winter.
Furthermore, the milk is antibiotic-free, unlike in Southern Europe, for example. Milk arriving at the dairy is inspected very strictly, and they are not afraid to dump the entire load into the treatment plant if a defect is found.
The growth in farm productivity has been virtually explosive compared to, for instance, the metal industry. Nowadays, new barns likely house hundreds of animals, whereas 30 years ago, new ones were designed for herds of 40 animals.
Agricultural subsidies across all developed countries cause prices to remain permanently low and agriculture to be miserably profitable.
Here is a nice story about Jukka Jalonen, which focuses largely on his time in Italy – then and now.
It was 1998. Vaasan Sport had fired him in the middle of a two-year contract. Through the grapevine, a small Italian club and an unemployed Finnish coach were being matched up.
The terms were clear: Jalonen had to pay for his own flight to the contract negotiations. If a deal was reached, he would get his money back.
I’d really like to dig into these a bit. Surely some of the software is overpriced relative to the benefit it provides, but it’s quite hard to see how it would make sense to implement the n+1th 3D design software for one’s own purposes.
Or if it is, then for us older practitioners, there will be endless work untangling that spaghetti
Well, I’ve been thinking about this too. With AI, it doesn’t make sense for everyone to write their own UI framework (e.g., in web development, AI uses existing ones), and thus AI codes in Qt (depending on the use case).
The problem, however, is that the closed-source part of Qt is (probably) not in any training data, so there’s no need for a license for it.
AI will definitely suggest Qt as the C++/embedded UI framework because of its history.
AI might increase the popularity of existing tools, but how that will play out for Qt, I can’t say.
There are like 1000 unread messages in the Donut Lab thread and I’m feeling lazy. Could I get a tl;dr; version? Was it a scam or not, or somewhere on the borderline?
My gut feeling is that the documentation for Qt’s competitors (meaning the technologies, not the companies) is a bit more superficial, so in principle, AI should work better with Qt. Perhaps that also influences what it recommends. Stack Overflow is already fading now, but of course, during the training phase it was still a major player, so the volume of questions and answers can also weight it. The Qt tag has 86k questions, 13k of which are without an answer. Flutter has 200k questions and 33k unanswered. Among newer ones, for example, LVGL has only 32 questions (not kilo, but exactly 32) and 11 unanswered, TouchGFX is in the same ballpark, and for uGFX, a whopping zero (!) questions.
A summary of the Helsinki Stock Exchange dividend spring/year has now been provided for the gallant representatives of the Dividend Party.
I wonder if something similar is coming for the poor souls of the Buyback Party, in the interest of fairness
It’s possible that I mixed up the “gallant” and the “poor souls” in my writing. On the other hand, it might be that the correct adjective/term/phrasing is actually to be found under the windowsill of the side kitchen in the third dimension of the lower corner of the median’s tangent
