Earlier this week, I dared to add more Smart Eye, even though I had promised myself I wouldn’t add any more companies. There seems to be a lot of good things happening around Smart right now, with positive news following positive news. This probably won’t be a tenbagger, but I believe Q2 will be a very good quarter and the company’s turnaround has already happened. In my opinion, the company is still “cheap” if one assumes the turnaround has occurred and the DMS cash flow has begun. The company has about a 60-day lag in invoicing (if I remember correctly from the earnings call), so Q3 will likely be the report that surprises the masses.
P.S. Today, statistics on new car sales in the EU were released: ” EU passenger car registrations rose 5.1% year-on-year to 972,314 units in April 2026, marking the third consecutive month of growth but slowing from a 12.5% increase in March. The market continued to benefit from strong consumer demand for electrified vehicles, underpinned by new and revised tax incentives and subsidy schemes across major European countries.”