KOJAMON ANTI YLIMERKATTIIN – kerää 150 miljoonan euron bruttovarat:blush:
Listautumisannissa tarjottavien osakkeiden lopulliseksi hinnaksi tuli 8,50 euroa, mikä on yhtiön ennakoiman hintahaarukan alapäässä. Alustava hintaväli oli 8,50–10,00 euroa osakkeelta
Taloussanomat 14.6.2018
What´s Up? Comment`s?
There might be a slight fatigue in the IPO market, but it’s still worth staying alert, right?
The IPO Market, Let’s Be Precise Now 
When will Kojamo be covered by Inderes? I didn’t participate in the IPO because I was afraid this would be the next Rovio. After Inderes’ analysis, I might jump on board if the analysis is convincing..
Hi
What’s wrong with Rovio? Just managed to sell the shares in time 
@Verneri_Pulkkinen didn’t have to press F5 many times. It went right up there.
Now following =)
What are your thoughts? Does the Lumo brand suffer from Lehto’s recent reputation damage? Hopefully the ordered apartments aren’t made of logs…
Kojamo performed well in early 2020 
Do you currently have Kojamo in your portfolio?
What are other people’s thoughts on Kojamo? The Q1 report was good and the business has seemed solid. Has anyone followed the company more closely or does anyone who currently owns shares have any comments on the company? Let’s get some life and comments into this thread, as it’s an interesting company after all
I can’t really say anything extraordinary about Kojamo. I think it’s a no-brainer, so to speak. This company replaces my investment properties – the risks compared to investment properties are negligible. There’s diversification, location, maintenance company, property management, etc. For some reason, it’s not popular with investors. Perhaps the reason is the ownership structure (trade unions), who knows.
I did notice that not buying Akia back then was frustrating and might still be. I was also frustrated by my inaction after the IPO. I later rectified the situation, but with regrettably small purchases. Still, it’s nicely in the black.
Oksanharju had apparently recently checked the foreign ownership of OMXH25 companies. Kojamo was one of four companies whose foreign ownership had grown. This was probably also influenced by the fact that it only recently joined the index, but luckily it did.
Thanks for your thoughts! I also thought that this takes care of real estate investing for you, and so far it has worked with good success. Q1 was also good and almost fully recovered from the dip caused by corona.
Oksaharju had indeed made a small statistic and Kojamo’s foreign ownership had risen by about half a percentage point. It was among the top four companies that were least affected by corona.
I’ve been thinking about joining. However, the business seems to be on a solid foundation. Hjallis had indeed made a video about this ownership and loudly criticized why they are not tax-responsible. Who knows how it would affect the company if some changes were made to this 
Also, how much upside potential is there here 
However, the results seem good. Any other thoughts or different perspectives on the matter?
I would guess that small investors’ limited interest is due to several reasons. One is, of course, the company’s reputation in the media, no more on that. Another significant thing is the small EPS, 4x17 cents makes 68 cents, so the P/E is around thirty, which is why dividends are also small, as there isn’t much left to distribute when investments also need to be made. Small investors like large dividends in the real estate sector, so for example, Titanium and Citycon are more attractive.
I started comparing Jesse’s article to Kojamo’s real estate portfolio and dug up more detailed information from the 2019 financial statements.
Kojamo’s apartments in student cities. Thanks to housing benefits, practically one hundred percent guaranteed rental income, funded by us (taxpayer money), of course. On top of that, trade unions get off scot-free without paying taxes 
Still, great for other shareholders that the value is growing!
https://www.inderes.fi/fi/tiedotteet/investors-house-asuntovuokraus-21-ovv-ketjun-kovin-kesakuu-kautta-aikain
Could it be that the phenomenon is more general and not just company-specific?
A humble request @Antti_Jarvenpaa, could the thread title still be changed or is it only the privilege of the thread creator? The current name refers more to the time of listing and may not necessarily attract people to open or read.
Addition: This also strengthens the overall picture in my opinion.
I changed the name of the thread. Thanks @Don_Jari, a relevant change. The thread is now unimaginatively (or perhaps suitably neutrally) named Kojamo as an Investment thread. 
Very fitting name. Thanks, Antti! 
