Toivo Group - Good to live in hope

This is indeed surprising news. I interpret the announcement to mean that they divested from this with roughly the same investment as originally made, which, of course, doesn’t reflect success in what they set out to achieve. However: I also liked this news, because originally, at the time of the E-Heat investment, I mainly wondered what kind of strange move this really was… Mainly, thoughts came to mind that their own core business was so completely in the mud that now they were just messing around in all directions to get at least some movement or even activity going. Activity. In other words, the original investment eroded my own faith in Toivo’s own business.

Now the wording of the announcement flatters that thought of mine from a year ago: good, good, now we focus on the core business… It’s hard to guess what made them change their mind and why they divested now (the official reason is just the official reason…). However, they came out dry-footed and probably without losses :slight_smile: . That’s how it looks to me. Perhaps my finger moved a little further away from the sell button :slight_smile: .

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Here are Frans’s comments when Toivo sold all his shares in E-Heat Oy. :slightly_smiling_face:

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Was this already here before?

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Here are Frans’s comments on this recent sale. :slight_smile:

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More positive news from Toivo:

This point was particularly pleasing:

“More broadly, positive development has been seen in the sales volumes of our properties.”

Toivo’s stock is currently facing relatively strong selling pressure. Yesterday, in the closing auction, there was a block of over 100,000 shares for sale.

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Spartamed disappeared from the list of largest owners in November, when they previously held over 140,000 shares, meaning the selling pressure came from there.

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