Dec 25, 2022Liked by alwaysinvert

Hey alwaysinvert!

Great article! I never spent the time before digging deeper into Eastnine. Very interesting indeed.

So MFG holding could be sold for €190m while the company has a market cap of SEK2400m? So low are the expectations? (Some days ago Ferronordic was able to sell their Russian operations, which reminded me of this case).

Maybe the only but I have is the very low ICR (2.4 times) which can be worrisome these days. Ofc totally unimportant if the MFG deal closes.

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Dec 12, 2022Liked by alwaysinvert

Great read thank you! Will look closer at Gotlandsbolaget, happy to own Eastnine via my shares in Arbona. =)

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