What’s up! Ponsse doesn’t have its own thread. From Iisalmi to the world!
I don’t currently own Ponsse, but I’d be interested in buying. By the way, Ponsse has a fan shop in Iisalmi where you can get Ponsse products. I once bought shares when the new Scorpions came out and sold them before the latest expansion
Undoubtedly one of the quality companies on the stock exchange, even if I don’t want to use that inflated title 
But aren’t cyclicals bought when the news is bad and the cycle has already weakened for a while? 
Just have to make a slight correction. Ponsse is from Vieremä, not Iisalmi
Both from the countryside, that is, from behind Tullinpuomi, that is, it’s all the same 
PS. Maybe both are even from beyond the wolf border, that is, outside Kehä III?
Where did the new production facility go? Vieremä is definitely the right place!
How should we think about the price if order books are full and, at least in Vesola’s forecast, revenue is growing rapidly (the price is still at the level of a year or two ago now).
I guess there might have been some work during the initial startup, but now things would be running smoothly in the new facility.
A new production facility was established in the factory area in Vieremä. I don’t believe there’s much room for the price to move downwards for now, even though it’s currently highly valued. I’m guessing Q4 will be good compared to the reference period, but the full year’s result will fall slightly short of expectations. The order book will likely continue to grow, albeit somewhat more moderately.
Hello!! Is this one of those machines used to clear-cut Finland’s beautiful ancient spruce and pine forests and ship them off to the Chinese for toilet paper? And at the same time, the carbon load in the air just keeps growing? Not good. Even though uncle is keen on getting rich, there’s a limit here. No, no, and no. Period.
Green regards,
Ethical-Masse 
It is definitely better to buy cyclical stocks at the bottom of the cycle rather than at the peak, but why do Inderes’ forecasts default to not having seen the peak of the cycle yet? Machine sales in 2017 were 3800 units, and the forecast shows that 4500 units would be sold in 2021. The graph shows that there have been quiet years where even less than 3000 units were sold. If analysts’ earnings forecasts are based on such a very optimistic view that the coming years will exceed averages and medians, there is a great risk that the share price will actually fall. Can debt-fueled stimulus accelerate further from here?
Ponsse is a good company whose shares were traded at six euros in 2013. The company has grown balance-sheet wise over the years. I would look at the situation around €13.
Negative outlook from Ponsse’s competitor, Deere:
Although the negative outlook mainly concerned agricultural machinery, there is also weakness on the forestry side:
”While the focus Friday was rightly on Deere’s core agricultural-equipment business, the company’s guidance cut was broad-based and also extended to its construction and forestry division. Deere now says forestry sales could be flat this year, with the growth potential for the unit that sells tree fellers and swing machines capped at 5%. The company had previously forecast 5% to 10% growth for that business.”
I’ve been following it for a long time, I just need a better buying opportunity than what the recent past has offered. However, I strongly believe that I want to be part of Ponsse’s chain and own a piece of it, as their work has been so high quality 
Ponsse Q3’19
Ponsse’s Q3’19 results, especially in received orders (EUR 117 million; -47% y/y), were significantly below our forecast (EUR 191 million; -13% y/y). According to the company, “the order flow returned to normal levels after extremely strong quarters.” Revenue grew by 19%, but it also fell short of our 31% growth forecast. Profitability was at a good level (margin 10.9% vs. expected 10.2%). On the cost side, personnel expenses and other operating expenses, in particular, remained well under control, which indicates the successful completion of the Vieremä investment’s final phase. EPS (EUR 0.40) was approximately 10% below our expectation (EUR 0.45). Ponsse maintained its full-year 2019 guidance of slight growth in operating profit from the previous year. However, the company noted in its market comments that “due to market uncertainties, the company has initiated enhanced cost control and very careful consideration of investments.” The market reaction to the report is likely to be negative.
Viljo will move into observation positions for the future, a purchase decision is unlikely.
An interesting market reaction.
Profitability OK, new orders plummeted and the share price is up a few points..
It seems history weighs more than the future.
This board seems quiet. Is it that Ponsse isn’t interesting on Inderes boards, or is it a company that doesn’t need constant speculation?
It would be interesting to hear a few thoughts on why you’re involved with this company?
Companies that offer strong growth expectations are currently popular: Kamux, Qt, Remedy, and whatever else there is 
I have a positive image of Ponsse myself, but I’ve considered it a bit expensive, so I haven’t actively followed it. I remember owning it for just over two euros sometime in the early 2000s when I was also dabbling in investing It seems to have come down a bit recently, but my own price would probably be 21-22 euros so that the cyclicality would be better priced and the dividend yield would be pleasant. It does generate a good return on equity. It’s good that you brought up the thread, so I’ll follow it more closely.
Maybe it will go down in the fall. Either we are at 25 euros or below . Last time I bought more when the new Skorpioni collection came out, and I got a good return + a few trades. I should check the alert level.
Waiting for a quarter where received orders are more than revenue.
As I understand it, this is a very well-managed company whose market still has plenty of room for growth. Cycles bring fluctuations to new production, but the share of maintenance grows with a slight delay to new production.
Don’t the cycles mainly concern construction timber? Paper manufacturing seems to be a fairly stable market regardless of economic conditions.
So there shouldn’t be a cycle that would stop the whole company.
Isn’t paper manufacturing, following the general trend, on the decline? In that sense, using paper as a substitute material, e.g., instead of plastic, might be a different story.
