Big miss yesterday. Some headwinds from FX - have started a small position, I have some industry background and think their business case is super solid. Debt free structure and clean set up - have some concerns with regards to general economic outlook as shipping suffers first. They are quite expensive but I do like Scandinavian small caps, new CEO seems knowledgeable and down to earth. What is your impression after Q2 results and future outlook - they can scale nicely if all goes well. I do like the dividend and clear commitment to the div going forward
You've summed up my thoughts nicely. Management said in the call they can't do buybacks - they have no debt and growing pile of cash, so the dividend should keep on increasing. I've made a starter position too at 83.
Big miss yesterday. Some headwinds from FX - have started a small position, I have some industry background and think their business case is super solid. Debt free structure and clean set up - have some concerns with regards to general economic outlook as shipping suffers first. They are quite expensive but I do like Scandinavian small caps, new CEO seems knowledgeable and down to earth. What is your impression after Q2 results and future outlook - they can scale nicely if all goes well. I do like the dividend and clear commitment to the div going forward
You've summed up my thoughts nicely. Management said in the call they can't do buybacks - they have no debt and growing pile of cash, so the dividend should keep on increasing. I've made a starter position too at 83.
https://www.redeye.se/api/articles/download-file/31435e77-a3ea-31f2-b7a0-b4bd5619b881/I-Tech%3A%20Q2%20Review%20–%20Temporary%20Slowdown
Thanks for sharing this.
Omg, now I'm under pressure. 😛 Thanks for subscribing.
Thanks for the great pitch! I invested in this company back in May, and I’ll be also sharing my reasons for that in one of my upcoming posts.
Glad you enjoyed reading it. I will sign-up to your letter then, be interested to hear your perspective on the company.