30 days to earnings. Has anyone found Summa’s so-called silent period schedule!
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We are waiting with interest. Nothing has been heard about the CEO’s promises. My own trust in Summa is starting to erode. I don’t really believe the CEO’s information, and the company’s background forces are not entirely convincing. The CEO failed at Enersense, and during his time, the aforementioned company became a complete flop and was on the verge of bankruptcy. However, a few individuals from the initial phase got money for a comfortable life spiced with gin and tonic and caviar. The same people are behind this Summa, which also raises some doubts. But let’s calmly wait for the interim report now.
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Summa Defence at DALO Industry Days in Denmark.
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I guess those who invested big at the right time and got on board with Meriaura’s stock appreciation have already made their fortunes. The state provided significant assistance when Holopainen was brought to shake hands with Zelenskyy. So, it’s possible that those Meriaura papers were in the portfolios of bigwigs at an opportune moment.
Also, according to the latest information, EU defense procurements are likely to favor the defense industry of large EU countries, and Finland will only get cod from that package, as with everything in the EU, so it might not be worth counting on that.
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A bigger problem than the centralization of the defense industry and joint procurements is that Summa lacks a product into which the increases in EU countries’ defense spending would flow. Before the war in Ukraine, European defense was based on the fact that armies had capable systems for which personnel were trained, but there were no wartime ammunition stockpiles, as the threat of war was considered unlikely. The increases in defense spending are based on the fact that these systems will now begin to acquire proper ammunition stockpiles in case of war.
Finland is exceptionally well-prepared among European countries, but even so, for example, when the M270 MLRS (heavy rocket launcher) was purchased in 2006, only mine rockets (AT2) for anti-armor defense and training rockets (M28) for training use were acquired as ammunition for it. Only after the annexation of Crimea in 2016 were 240 GMLRS missiles acquired for these for 150 million dollars. In November 2022, an additional 535 million dollars worth of GMLRS missiles were urgently acquired for these, making Finland have the largest stockpile of these missiles after the United States.
When I look at Summa’s subsidiaries and their products, it’s hard for me to imagine that increases in defense spending would flow into these companies. I admit that tractors are important for security of supply and can be used for fortification, but the defense forces are not buying them in large quantities for storage. If the situation deteriorates to the point where the eastern border begins to be fortified, that work will also be ordered from private contractors instead of the defense forces buying their own tractors for it. At this stage, all construction would likely have ceased due to the threat of war, and contractors and tractors would be easily found. At that point, when war breaks out, the defense forces would start requisitioning tractors for their own use.
Another point is that when states increase defense spending, it usually comes at the expense of something else. For example, there will be less money for road maintenance, meaning fewer tractors are needed for earthmoving or snow plowing. On Lännen Tractors’ own websites, the areas of use for tractors are specifically mentioned as environmental management and municipal engineering. Defense or fortifications are not mentioned at all. Watermaster dredgers, on the other hand, are advertised with the message that clean and healthy rivers and lakes, pleasant and safe urban waterways are important for the well-being of us all. And when I look at the websites of other subsidiaries, I find pilot boats, ferries, and modular units for schools and health centers. If I want a stock in case the situation in Europe tightens further and countries continue to increase defense spending, my choice would not fall on Summa, because I cannot even say whether the growth in armament spending would appear as rising or falling orders for Summa.
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Here’s some good news.
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Apparently, but that doesn’t change the fact that according to Suomen Asiakastieto (Finnish Credit Information), the kiosk in question is still completely done for, pays its bills sometimes, if it pays at all. The risk categories are such that you can’t even get a used stamp on credit anywhere 
It is possible that it will start a new rise, but currently, looking at the information, it feels like quite a bubble is being blown…
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Getting access to that portal probably doesn’t require much
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“Juha Vauhkonen, Director of Defence and Security Affairs and member of the Management Team at Summa Defence Oyj, is leaving his position.”
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€500,000 orders, positive.
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It might be that something from these barracks will eventually turn a profit. It will only be recorded in the Q3 review. Juha Vauhkonen, who is perhaps the most important member of the management team, is leaving the company. That’s negative news again. And no one will be hired to replace him. It’s starting to strongly feel like what Kyösti Kakkonen thought about the company. The interim report will be seen on 22.8., perhaps.
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The interim report will be interesting. I have been following the company and am waiting for when the reverse split happens. Determining the company’s value is difficult currently.
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How much would the market price of that currently 3.5 cent share be, for example, with a thousand-fold reverse split? It should, of course, be 35 euros, but it feels like for many, the “cheapness” of a cent stock is determined by the unit price of the share, and for such a stock, its value would be something entirely different. Based on the ownership distribution, most of the stock’s shareholders also have an ownership value in the company in the style of tens or individual hundreds [of euros]:
In the case of that stock, scarcity of ownership certainly sounds quite sensible. If one owns the stock at all.
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Message was merged into topic: Inquiries, horrors, and praises about courses and their changes (Part 4)
https://thedefensepost.com/2025/08/18/germany-drone-goal-2029/
Germany acquires 8300 drones, from somewhere?
Well, not from Summa at least. Because Summa still doesn’t manufacture them.
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And they’re unlikely to ever manufacture them, I still have a strong feeling that this is a huge bluff. But numbers will come soon, then we’ll see how it has started.
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Great news, Summa Defence on the world market!
“You’ll find us at our stand TOPDK - 671, where our team will showcase the capabilities of our group companies – including drone systems, modular field and maintenance infrastructure, container-based facility solutions for logistics and operational use, special-purpose workboats, and situational awareness technologies.”
A few prints on the wall, a monitor on display, and it’s said that drone systems will be presented, which still don’t concretely exist. Everyone can check the situation of Summa Drones Ltd. from Ytj.
Friday is indeed interesting. Will ‘storyteller’ Holopainen’s tales raise the share price, or will the company finally start to be evaluated based on concrete figures and real actions?
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They can then be ordered from verkkokauppa.com if someone happens to buy them.
I’ve avoided this stock because it feels like a scam. But as an experiment, today 50000 shares to buy, not that I believe in this, but I trust that some fool will believe it and I’ll double that gambling budget
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