Added a fair bit of Zaptec at NOK 26.75. In return, the price decided to dip even further. However, my belief in the long-term story is very strong, and I intend to add even more if the price dips further without good reason. I don’t see any other significant risks in this case besides the possibility of international expansion failing for some reason. However, I don’t consider this very likely, as the company has already successfully proven its concept’s functionality and profitability in Norway. The first steps of internationalization have also been promising.
As @Ohoh so nicely calculated earlier in the company’s topic, with current growth forecasts, the share price in 2023 would see a good 2x multiplier (P/E 40) and in 2025, a good 4x multiplier (P/E 30). In my opinion, the risk/reward ratio is very attractive. If profitable and growing EV charger business interests you, I recommend checking out the forum’s excellent Zaptec thread.