Nokian Panimo - on a mission to make thirst a pleasure

Jussi Halme has made a video about Nokian Panimo’s listing. :slight_smile:

Nokian Panimo is listing on the Helsinki Stock Exchange’s First North marketplace with the ticker symbol BEER, but is this stock an opportunity or a beer trap? I go through Nokian Panimo’s history, business operations, growth plans, and profitability challenges. Its microbrewery status brings tax benefits, but can it restrict the company’s growth in the long run? What are the investor’s risks and opportunities? Watch the video and decide for yourself whether Nokian Panimo is an interesting listing or a case to be skipped!

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Nokian Brewery’s offering also clearly went through.

Regarding the public offering

The public offering was oversubscribed many times over, and subscription commitments made in the Public Offering are accepted in full up to 200 Offered Shares, and for amounts exceeding 300 shares, approximately 15 percent of the given subscription commitments.

There was nothing left for the underwriter to guarantee

Due to oversubscription, no New Shares were allocated to the Company’s largest shareholder, Oy Scripo Ab, as Oy Scripo Ab had committed to subscribe for Offered Shares in the Listing Offering only on the condition and only to the extent that the Offered Shares would not otherwise have been subscribed for in the Listing Offering.

Inside information: Nokian Panimo Plc’s listing offering is oversubscribed and the listing will be carried out as planned Sisäpiiritieto: Nokian Panimo Oyj:n listautumisanti on ylimerkitty ja listautuminen toteutetaan suunnitellusti | Kauppalehti

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What happens with subscription commitments between 200 and 300 shares..? :thinking:

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Could it be that your own products have already been heartily enjoyed :grinning:, leading to a typo. Shouldn’t both numbers be 200?

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Cryptic expression, but it could be true.

If you took 300, you get 200
If you took 400, you get 200 + 15% of the amount exceeding 300, for a total of 215.

Edit: If I calculated correctly, I myself will probably get 305 shares with my 1000 pcs registration, depending on what that about 15% means.

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After a moment of morning wandering, Nokia Brewery is in a pleasant “rising buzz.” The morning scattered the quick pint-lifters from the market, and the beer maturers remained to brood over their brews.

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Laitila’s figures have also been discussed a lot here. LWT’s profit for the 2024 financial year was 2,676,552.09 euros.

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Laitila’s bottom line was very good, historically speaking. Dividends are also distributed from an overflowing cash reserve at Privanet prices, approximately 4 - 7%. The financial statement data is still missing, regarding how the result was achieved. But could it be that with these figures, it’s suitable to prepare for a listing with a reasonable valuation? If not, it would be a disappointment for the owners.

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Did the largest owner sell the block? :thinking:

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From Kauppalehti’s investment tips behind the paywall, I picked out the part concerning Panimo: Sijoitusvihjeet: Pörssitulokkaista Nokian Panimo vai GRK? Hannu Angervuo: ”Sopii manselaisille olutintoisille piensijoittajille” | Kauppalehti

Birgitta Lindholm: Follows. The current market situation is challenging for new listings.

Hannu Angervuo: Not interested. Suitable for Tampere-based beer-loving small investors. A small offering will result in low share turnover. This won’t create any Olvi phenomenon.

Jarkko Aho: Watches from the sidelines. Among Nokia-based companies, I’d rather own Renkaat, but I welcome this stock market newcomer to the list as well.

Meanwhile, elsewhere, at the office of the employee pension insurance company Varma, purchase orders are being made: Nokian Panimo Oyj: Arvopaperimarkkinalain 9 luvun 10 § mukainen ilmoitus omistusosuuden muutoksesta | Kauppalehti

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Now this is proper, IPO beer :smiley:

https://x.com/AcumenFutures/status/1912821302332694957
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The company’s former director Matti Heikkilä still owned over 300,000 shares at the beginning of April and was the company’s 6th largest owner. According to the latest ownership listing, the holdings were sold off last month: https://sijoittajat.nokianpanimo.fi/osake_ja_osakkeenomistajat/suurimmat_osakkeenomistajat

However, I bought some shares now for my portfolio “for the love of the game”, even though this investment case doesn’t seem to be among the most profitable. But as an owner, Keisari tastes even better. In a summer dip or similar, I might buy a bit more.

ADDITION: I have to say, reading the company’s management team information made me smile: https://sijoittajat.nokianpanimo.fi/fi/hallinnointi/johtoryhma

“Jokitie is a member of the company’s management team until August 31, 2025, after which he will step down from his role in the management team and move to a warehouse worker position.”

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The @Pohjolan_Eka, who phenomenally sees the future of the stock market, already welcomed Nokian Panimo to the stock market a year in advance in the investment meme thread with this screenshot:

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Delving further into history, this factory tour by NP’s previous CEO was quite an interesting video from five years ago:

Thinking about the video quality, I started wondering if it was filmed with the universe’s first mobile phone camera or a razor. But let’s not let that bother us.

Yesterday, I added a small extra batch of shares to my portfolio. I was encouraged by a claim heard from my household that the company’s sodas are particularly good. I also compared the prices of the products in different retail chains, and the pricing, especially in the S-Group, seems to be very consumer-friendly.

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Based on this news, one could say that the IPO was underwhelming.

New Beer as a Thank You to Investors - Nokian Panimo Plc Launches IPO Beer to Celebrate Successful Listing

Nokian Panimo celebrates its successful listing by launching a limited and numbered batch of 10,000 cans of Keisari IPO beer. Keisari IPO is named after Nokian Panimo Plc’s initial public offering. IPO stands for “Initial Public Offering”, meaning a share issue. The IPO beer is a golden-pale, 4.5 percent full-malt lager that combines the purity of traditional pale beer with sparkling freshness. Its light malty taste and subtle hopping make it an approachable and high-quality pleasure beer.

The IPO beer is a tribute to all our investors – and an invitation to those who want to get to know our brewery. If investing in Nokian Panimo interests you, this beer is an excellent first step to get acquainted with our operations – starting with the taste.

Availability from May 16, 2025 in the following stores:

PIRKANMAA
Keisari Kauppa & Taproom
CM Nokia
CM Ylöjärvi
CM Pirkkala
KSM Westeri Tesoma
KSM Löytis Nokia
KSM Herkkuduo Hervanta
KSM Linkki Ylöjärvi
KSM Ratina Tampere
KSM Hämeenkatu Tampere

CAPITAL REGION
CM Tammisto Vantaa
CM Tiiriö Hämeenlinna
CM Hämeensaari Hämeenlinna
CM Vuosaari Helsinki
CM Riihimäki
CM Hyvinkää
KSM Kamppi Helsinki
KSM Hertta Helsinki
KSM Redi Helsinki
KSM Lippulaiva Espoo
KM Kallio Helsinki
CM Iso Omena Espoo
CM Ruoholahti Helsinki

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Now that I can’t bring myself to buy any more shares, I headed to the company’s store for some shopping. Next, I’ll start the company analysis by going through all the company’s beers and sodas. Note! Not in one day.

The store wasn’t crowded at this time of day. Customer service was friendly and product placement was clear.

The IPO beer was already available from both the factory store and Nokia Citymarket.

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The taste is definitely spot on. The downside is that it tends to get you drunk. Luckily, the weekend starts with recovery tomorrow.

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Evli believes that Nokian Panimo is a stock worth 2.7 euros:

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Here you can give your ratings and also see how Nokian Panimo’s beers fare against others:

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A brief CEO interview on the Stock Exchange Foundation’s website:

I would have been interested in questions such as why not a single one of Nokian Panimo’s alcoholic products is available in Alko’s selection, when the sparkling waters will be launched on the market, and how the revenue growth of recent years is distributed by buyer groups. Especially the development of the share of the restaurant and similar sector in total sales would be interesting.

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Works well as a sauna beer :beer:
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