Is the phrase “we reiterate our €0.90 target price and ADD rating” in the text section an error, given that the recommendation is REDUCE in other documents?
It looks difficult. I assume there is a rights issue offering for all shareholders coming up as well, or did I understand that correctly?
Amidst all the struggling side businesses, it’s worth remembering that there is still a significant risk of an oil spill in the Baltic Sea, as the number of poorly maintained tankers is hardly decreasing. No one hopes for an environmental disaster, but if an accident were to occur, it is fortunate that Lamor has sufficient expertise for such a scenario.
The “Vieraskynä” (Guest Column) in Iltalehti below is, of course, written by CEO Larsen, so a little healthy skepticism is always in order.