The company is progressing rapidly toward its goal of €100M in revenue by 2022 and a 5-7% EBITDA margin.
In my estimation, that would mean about 35% earnings growth for the coming years. Even if the goal isn’t fully met, this could still be a profitable case.
Inderes’ forecasts do not take into account future acquisitions that are part of the company’s strategy. The company has a solid balance sheet and plenty of cash on hand to carry out acquisitions.
Good potential for the coming years, and the valuation is not bad at the moment. The company has remained off the radar for most investors – there are only 700 shareholders.
A good and encouraging report on a company that has flown completely under the radar. This was briefly available for as low as €5 soon after listing (11/2018), when the listing price was €7.00. Trading has been almost non-existent until now.
I have a small stake from the offering and I’m happy that I patiently waited for the situation to develop.
What’s going on around this interesting stock right now? A strong surge without any news. A positive profit warning was already given a while ago, it shouldn’t take this long to internalize it, should it? Does anyone have any insight?
Q4 results out on Monday. I’d say the +30% weekly increase is forecasting really strong results and an even more polished outlook.
I lightened my holdings by a quarter. At this point I’m saying: too bad the whole half didn’t sell. I’m trying to get this for my ISA (OST), but now it seems to be too high for my own purchase… We’ll be wiser on Monday!
I quickly skimmed through the financial statements, and in my opinion, they look good. The CEO’s comments exude satisfaction and confidence in the strategy’s implementation. Profitable growth usually means a rising stock price. Even though the stock price took a big leap in the last month, I’m not going to lighten my position based on this information; I’ll happily continue owning it. If they reach their targets in 2022, this will surely be a reliable stock price riser in the future too. An interesting company, I recommend checking it out.
The drop today caught my eye, and after a quick read of the company’s own goals and Inderes’ recommendation rationale, it somehow feels like the recommendation is a bit too cautious. Of course, the lack of modeling for acquisitions does affect it.
But I just had to grab a small slice; it seems really interesting! I’ll have to delve into this properly and then decide whether to add more to that position I rarely go by gut feeling like this, but I felt convinced, so I had to jump on board.
Any thoughts on how a small company like Viafin Service has survived the coronavirus and how it will proceed from here? No profit warning has been issued yet.
In our view, Viafin Service has so far survived the coronavirus relatively unscathed. What is clear at the moment, however, is that there may be delays in some maintenance and project work if access to factories and production facilities is not possible. For now, however, business is running relatively normally.
Some maintenance shutdowns are likely to be postponed until the second half of the year, according to our assessment, but the increasing difficulty of obtaining foreign labor is partly benefiting Viafin Service. The company’s resources and offerings are therefore now needed and in demand at various production facilities when necessary maintenance and repairs should be carried out and foreign labor cannot be used. This is especially evident in the Uusimaa region, where a lot of foreign labor is used.
The company itself has a clear net cash position, no debt, and its financial situation is therefore very strong. A strong cash position can also be very beneficial in such an uncertain environment, as good opportunities may open up on the M&A front. The company has been patient in implementing its strategy, and this may prove to have been a sensible solution.
The company itself does not provide guidance, so based on that, the company cannot issue an actual profit warning. However, if the company sees that market expectations are clearly lower than its actual performance, they can warn about this. However, we consider this unlikely at present.
I was thinking of picking up some of this for my portfolio tomorrow, in honor of payday. Is there a specific reason why Viafin flies under the radar, or is an unsexy operating environment the reason for the silence around the company? Or is the silence an indicator that I shouldn’t bother with this? I’m mainly wondering because the key figures look good, but there’s no discussion or buy recommendations for Viafin.
{“content”:“I bought this and thought the same as you already at the time of listing. Liquidity and short history certainly make some of the flying under the radar that you mentioned legitimate. \n\nAt current prices, future acquisitions come completely free as an option, as does earnings growth.”,“target_locale”:“en”}
Well, this definitely blew past Inderes’ analyst forecasts. This was already evident from Friday’s huge stock price surge, because in my experience, in small companies, good and bad earnings reports mysteriously show up in the stock price the week before.
You don’t need any inside info for that. I also took a small slice of this a couple of weeks ago because I have friends in the industry (not at that specific company) and they said things have been going well all spring, so a good Q2 was expected. Similar surges before Q2 earnings have been seen in many other companies as well.
It actually looked quite good! I might add a little more today if the price doesn’t completely skyrocket. However, there’s a reservation for H2, as they’re talking about an exceptionally strong half-year, so perhaps the result wasn’t quite as good as it first appeared… Nevertheless, this certainly inspires more confidence in me, making me happy to hold onto this stock for a longer period with good return expectations, as long as the acquisition integration is successful.
Largest holding in the portfolio, good results, coffee on. One of the best companies in Finland for creating shareholder value, which seems to be doing well even in these exceptional circumstances. The counter-cyclical nature was certainly known to everyone, but I personally didn’t expect such good results.
That company truly has battle-hardened professionals as owners/management who have seen bad times themselves, and I can see why the projects and operations work. They’re not just “dudes” fresh out of school with a tie, and not all of them are the most visible people in public. The operations are running smoothly, congratulations to the Viafin team!
There’s pretty much no way to prove these things, which is why I feel this kind of activity is very common in Finland, especially in small companies. Of course, as @SijoitusSeppo enlightened above, information about a good/bad earnings report can also spread in other ways through employees not on the insider list, and I believe this also happens. I’ve contacted the Financial Supervisory Authority about quite a few blatant cases, and the answers have usually been along the lines of “no resources to investigate” or “sue yourself, as a shareholder you are an interested party.” However, your wish was completely reasonable and legitimate, so I changed the original text to a more correct form
I’m trying to get this for my ISA (OST), but now it seems to be too high for my own purchase… We’ll be wiser on Monday!
I rarely go by gut feeling like this, but I felt convinced, so I had to jump on board.