Basware
Avidly
Bittium
Remedy
Capman
Efecte
Wärtsilä, Qt, and Kamux
Relais, Siili, and Kamux
Do any of these compile to some result?
Basware Hedgehog
Wärtsilä, Fodelia & Nokia
KONE, Kesko, Orion
Qt, Relais, Revenio
Honka, Nokia, Nordea
Stats at this stage:
14: QT
12: Kamux
9: Relais, Remedy
8: Basware, Fodelia, NoHo, Nokia, Revenio, Wärtsilä
6: Exel Composites
3: Efecte, Fellow Finance, Nordea, Taaleri
2: Bittium, Capman, Honka, Lehto, Marimekko, NextGames, QPR Software, Robit, Rovio, Siili
1: Admicom, Avidly, Biohit, Caverion, Enersense, Harvia, Heeros, Herantis Pharma, HKScan, Innofactor, Kesko, Kone, Neste, Oriola, Orion, Outokumpu, Scanfil, SSAB, Tecnotree, Verkkokauppa
Glaston
A turnaround company. The Bystronic integration has gone well, and I expect the first smart glass order to materialize in H1/2020. Tax sales will still be a drag in December, but I anticipate significant earnings growth in 2020 (smart glass and service) and an increase in valuation multiples as uncertainty regarding smart glass diminishes.
Fondia
A turnaround company. Its own house has been cleaned, the ownership base has expanded, and liquidity has improved. A moderately valued disruptive player in a boring and defensive industry. 2019 was a stumble, and the culprit is in the mirror, but in 2020 the company can again focus on what matters. The bottom was likely seen in the autumn, and next year, a mere return to normal will shift the direction towards the northeast, and potential successes will strongly reflect in the gradient.
Kamux
Earnings growth drives the stock price, and as confidence strengthens, valuation multiples also have room to stretch.
Glaston, Relais, Exel
Wärtsilä, Heeros, Outokumpu.
Aallon Group, Talenom, Remedy. This trio because at the end of the year at the latest, half of several stocks will be wiped out ![]()
Sotkamo Silver, Endomines, Afarak
Leaddesk, Lehto and Next Games
Revenio, somehow I trust that new big Danish owner.
Marimekko, a very strong brand that is visible everywhere, new products are really high quality. New pop-up sales points are interesting.
Qt, positive buzz constantly surrounds the company, the CEO is convincing, big companies as clients + profitability is constantly increasing.
Should we create another thread called “2020 FLOP3” where we can guess which stocks will drop the most next year?
I’d put Optomed on that list, at least.
QT / Wärtsilä / Fellow Finance