Nordea kicked a man while he was down and lowered the price target to 9 euros (previously 12 euros). The recommendation remains “sell.”
I bought a small position in Kempower shortly before the interim report with the idea that if the forecasts were even roughly met, this would be a good time to enter the company. Well, unfortunately, that didn’t happen, so I sold my position at a loss of over 10 percent.
I see great potential in the company, but on the other hand, since it is still making a loss and the growth rate is also uncertain, I don’t really see a “support level” in the share price that would slow down a potential further decline. I wish the company the best, I will follow the situation from the sidelines, and I will gladly join in again if I feel that the risk and return expectations are in balance.