Top 3 of 2023

General
21
  1. SSH
  2. Nokia
  3. Wärtsilä
5 Likes
22

  1. Kamux: The stock is so beaten down that even a small boost in the numbers will lift the share price.

  2. Sievi Capital: Clarity on the new direction will lift the share price next year.

  3. Wärtsilä: Energy demand will continue next year as well.

8 Likes
23
  1. Lamor
  2. Wärtsilä
  3. Tecnotree
6 Likes
24

Faron
Bioretec
Nightingale

3 Likes
25
  1. Nexstim: Market cap is currently only 28 million euros. It will achieve its first profitable year this year, which means a wider audience will start to get interested in this stock next year.
  2. WithSecure: Valuation is low relative to its potential. Many F-Secure owners have sold off their extra shares. A larger foreign player will buy it out from the stock exchange. Cybersecurity is a hot sector globally.
  3. Qt: Share price has been beaten down by rising interest rates. The company remains on a growth path. Next year, inflation will start to slow down and we will see signs of interest rate cuts.
7 Likes
26
  1. Wärtsilä
  2. Duell
  3. Admicom
4 Likes
27
  1. SSH - finally a breakthrough
  2. Wärtsilä - back to business
  3. Robit - now drilling starts again
5 Likes
28
  1. WithSecure
  2. SSH
  3. Nixu

I’m diversifying my bets across these three rather beaten-down cybersecurity companies, on the assumption that 1-2 of them will be taken private. Additionally, the underlying market is very favorable.

7 Likes
29
  1. Wärtsilä when the reconstruction of Ukraine begins
  2. Valmet as well
  3. Marimekko is a bit of a left-field pick, with the thesis being the end of COVID and inflation, triggering the “Roaring Twenties” (I wonder if there’ll be a 2029 catastrophe…)
10 Likes
30
  1. Optomed - FDA clearance quickly reaching the finish line
  2. Wärtsilä - a safe bet
  3. Tecnotree - entering the US market by the end of the year
5 Likes
31
  1. Efecte
  2. Faron pharmaceuticals
  3. Merus power
6 Likes
32
  1. Marimekko - Business is booming globally and collaborations are expanding
  2. WithSecure - Cybersecurity will only become more prominent in the future
  3. Remedy - That hit game is sure to come eventually
6 Likes
33
  1. Oma Savings Bank
  2. Valmet
  3. Kamux
5 Likes
34
  1. Tecnotree
  2. Wärtsilä
  3. Valmet
2 Likes
35

1: Tecnotree. A peak year follows a bad one.
2: Nexstim. Will be bought out from the stock exchange at a 100% premium.
3: Marimekko. Finland joins NATO and brands shoot to the moon.

3 Likes
36

Pricing power, basic needs, and numbing when the first two fail:

  1. Fortum
  2. Kamux
  3. Anora
4 Likes
37
  1. Optomed
  2. Leaddesk
  3. Qt

All three are more or less in my portfolio, but I have confidence in them.

3 Likes
38
  1. Stocka, wrap up the restructuring, then sell the department stores to the Germans or, alternatively, package Lindex with a solid premium.
  2. Kamux, the market environment eases and the Q2 result makes the market believe once again that cars are replaced every few years.
  3. YIT, cost inflation eases and the company stays away from mega-projects that have destroyed its bottom line.
8 Likes
39
  1. Kamux - even a small favorable change in the market will significantly boost the share price
  2. Robit - the world needs drills
  3. Stockmann - Lindex’s value will be unlocked one way or another
3 Likes
40
  1. Sievi
  2. Duell
  3. Kamux
1 Like