Category Archives: Reports

Fortnox report

Fortnox a silent winner

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My best-performing share the past two years are by far Fortnox. At the same time, the Fortnox share does not attract much attention in forums and elsewhere investors discuss their investments. Probably because the news flow is low. There is a report, then three months later another. During these three months, the only thing that had happened is that Fortnox earns more money, acquire more customers and have a better marginal. That is why I think of Fortnox as a silent winner. Continue reading

Hard and unjust punishment of Nexam after Q1 report

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The Q1 report from Nexam came on Wednesday. This is the first report for a full quarter after the acquisition of Plasticolor. Of course, this makes comparison difficult. Nevertheless, I cannot find reason in the report for a 9.4 % fall. The market reaction seems both hard and unjust. Continue reading

Hexatronic

Strong quarter for Hexatronic despite hard winter

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The Q1 report from Hexatronic came out Friday last week. Traditionally Q1 is the weakest quarter. Furthermore, Easter was in Q1, which affects revenues negatively. And it has been a harsh winter. Nevertheless, Hexatronic came out with a 16 % growth and higher profits compared to Q1-17. I added a few more shares after the report. Continue reading

CybAero in the clear?

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Shortly before Easter CybAero announced a financing agreement with a London-based company, Alpha Blue Ocean. This agreement gives CybAero access to (up to) 52.5 MSEK in 13 convertible loans. The day after, March 29th finally came the postponed year-end report, showing a loss of 155 MSEK after tax. I still wonder if this Easter 2018 was an (crash-) landing site for CybAero – or a take-off point. Continue reading

Ups and downs

Time for the yearend report – Ups and downs in February

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The past two weeks have had its ups and downs. These weeks are really the high season for companies announcing their yearend report, but also other news have had their impact. From an investors perspective some has been good and some has been bad – but among the bad, hides a one that is really bad, almost catastrophic. I will come back to that later. Continue reading

year-end reports

Year-end reports approaching

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During the next four weeks, there will be a stream of year-end reports. Large companies probably with many resources have already made their reports public. Small companies as the ones in my portfolio often comes later. All of them except CybAero (March) and Phase Holographic (does not follow calendar) will report during February starting with Fortnox on Friday the 9th and ending with Cantargia on the 28th. Let us start with the reports containing least surprises. Continue reading