Ei tietoja.
2026 Q1 -tulosraportti
28 päivää sitten
‧28 min
0,2858 NOK/osake
Viimeisin osinko
13,73%Tuotto/v
Tarjoustasot
Ei dataa
Viimeisimmät kaupat
| Aika | Hinta | Määrä | Ostaja | Myyjä |
|---|---|---|---|---|
| - | - | - | - |
Huomioi, että vaikka osakkeisiin säästäminen on pitkällä aikavälillä tuottanut hyvin, tulevasta tuotosta ei ole takeita. On olemassa riski, että et saa sijoittamiasi varoja takaisin.
Välittäjätilasto
Dataa ei löytynyt
Yhtiötapahtumat
Datan lähde: FactSet, Quartr| Seuraava tapahtuma | |
|---|---|
2026 Q2 -tulosraportti 26.8. |
| Menneet tapahtumat | ||
|---|---|---|
2026 Q1 -tulosraportti 29.5. | ||
2025 Q4 -tulosraportti 24.2. | ||
2025 Q3 -tulosraportti 26.11.2025 | ||
2025 Q2 -tulosraportti 27.8.2025 | ||
2025 Q1 -tulosraportti 28.5.2025 |
Asiakkaat katsoivat myös
Foorumi
Liity keskusteluun Nordnet Socialissa
Kirjaudu
5 t sittenInvestment Thesis: ENH.OL (SED Energy Holdings) — Dividend Asymmetry and Free Cash Flow Generation (Horizon: 3-5 years) Good morning, I am currently working on building this investment thesis and would love to hear if anyone has suggestions on areas to dive deeper into, specific points to watch out for, or thoughts on the metrics projected by our model. I believe this asset currently presents one of the clearest risk-reward asymmetries in the offshore sector, driven by a temporary price dislocation. The stock is currently trading at 7.98 NOK. This ideal entry point is the result of the recent overhang cleanup (June 2026), as the private equity funds HitecVision and Energy Ventures finished liquidating their positions following the 2025 merger. Free from this technical selling pressure, the stock is heavily discounted relative to its true distribution capacity. Below, I have outlined the core fundamentals and catalysts of this thesis: 📊 Catalysts and Free Cash Flow Sustainability - High revenue visibility: The drilling arm (Energy Drilling) represents roughly 90% of the business and operates under firm contracts in Southeast Asia extended through 2030. The fleet is running at 100% economic utilization, shielding cash generation from short-term fluctuations in oil prices. - Low capital intensity (CapEx): The entire fleet of modular rigs and seismic vessels is already built and fully paid for. With no heavy expansion CapEx required, EBITDA converts almost entirely into Free Cash Flow (FCF). - Deleveraged balance sheet: The Net Debt/EBITDA ratio sits between 0.22x and 0.3x. This negligible leverage eliminates the need to retain cash for debt service, allowing management to pass nearly 100% of excess liquidity to shareholders. 💰 Dividend Yield Projections (Entry Price: 7.98 NOK) Management's official guidance projects an annual distribution between $90 million and $110 million USD. Based on the current share count of 731 million shares and current exchange rates (1 USD = ~11.10 NOK), the return scenarios are: 🔹 Conservative Scenario ($90M USD): Distribution of ~1.37 NOK per share. Annual Dividend Yield of 17.1%. 🔹 Base/Upside Scenario ($110M USD): Distribution of ~1.67 NOK per share. Annual Dividend Yield of 20.9%. ⏳ Investment Horizon and Payback Dynamics Assuming a constant share price and the accumulation or reinvestment of dividends, the speed of capital recovery maps out as follows: - Year 3 (Cumulative): Return of 51.3% to 62.7% of the initial principal through dividends alone. - Year 5 (Cumulative): 100% Full Payback. The investor recovers their entire initial cost basis purely through operational cash distributions, dropping the real risk of the position to zero while retaining full equity ownership. ⚠️ Key Risks to Monitor - FX Risk (USD/NOK): Operational cash flow and official guidance are dollar-denominated, but dividends are paid on the Oslo Stock Exchange in Norwegian Krone. A structural weakening of the USD against the NOK will negatively impact the final yield. - Contract Renewals (Post-2028): Cash flow resilience beyond year four will rely entirely on management's ability to extend current contracts at comparable dayrates. 🎯 Conclusion SED Energy shapes up as a textbook corporate cash cow. Trading at a Forward P/E of just ~7x and cleared of institutional selling pressure, the company offers a recurring yield near 20% per year with high visibility. This thesis is strictly focused on aggressive cash extraction. Please feel free to challenge the model's assumptions. Any constructive feedback will be highly valuable for finalizing the formal investment report.
AI is a fantastic tool if used correctly. You others who criticize, please come with your own conclusions or just shut up. It's good that someone bothers to post this. He asks for constructive feedback and that we gladly challenge the model. Some points: As you mention, low CapEX and debt are positive triggers. But you are probably wrong about almost full coverage on Rigs. EDrill‑1: Oct 2023 → Nov 2026 (~3 years) EDrill‑2: Oct 2025 → Oct 2030 (~5 years) T‑15: Mar 2026 → Jan 2027 (~10 months) ] T‑16: Nov 2024 → Nov 2026 (~2 years) ED Vencedor: Nov 2024 → Dec 2027 (~3 years) GHTH: Nov 2025 → July 2027 (~1.5–2 years)- ·5 t sittenHistoric sale or missing info ? I'm basing this on the latest news from the boss and loading up further here,,,
·8 t sittenAt today's price of 7.90 kr, this corresponds to around 17 % direct yield if we assume USD 25 mill. in quarterly distribution and a USD/NOK of 9.88 (approximately 0.338 kr per share per quarter). If this level holds for four quarters, it will be approx. 1.35 kr per share per year.
If the price stays like this, and one reinvests the dividend, then one doubles the position in a little over 4 years.
·1 päivä sittenMore top-up here
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Nordnet Socialin käyttäjiltä, eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.
Uutiset
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
2026 Q1 -tulosraportti
28 päivää sitten
‧28 min
0,2858 NOK/osake
Viimeisin osinko
13,73%Tuotto/v
Uutiset
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
Foorumi
Liity keskusteluun Nordnet Socialissa
Kirjaudu
- 5 t sittenInvestment Thesis: ENH.OL (SED Energy Holdings) — Dividend Asymmetry and Free Cash Flow Generation (Horizon: 3-5 years) Good morning, I am currently working on building this investment thesis and would love to hear if anyone has suggestions on areas to dive deeper into, specific points to watch out for, or thoughts on the metrics projected by our model. I believe this asset currently presents one of the clearest risk-reward asymmetries in the offshore sector, driven by a temporary price dislocation. The stock is currently trading at 7.98 NOK. This ideal entry point is the result of the recent overhang cleanup (June 2026), as the private equity funds HitecVision and Energy Ventures finished liquidating their positions following the 2025 merger. Free from this technical selling pressure, the stock is heavily discounted relative to its true distribution capacity. Below, I have outlined the core fundamentals and catalysts of this thesis: 📊 Catalysts and Free Cash Flow Sustainability - High revenue visibility: The drilling arm (Energy Drilling) represents roughly 90% of the business and operates under firm contracts in Southeast Asia extended through 2030. The fleet is running at 100% economic utilization, shielding cash generation from short-term fluctuations in oil prices. - Low capital intensity (CapEx): The entire fleet of modular rigs and seismic vessels is already built and fully paid for. With no heavy expansion CapEx required, EBITDA converts almost entirely into Free Cash Flow (FCF). - Deleveraged balance sheet: The Net Debt/EBITDA ratio sits between 0.22x and 0.3x. This negligible leverage eliminates the need to retain cash for debt service, allowing management to pass nearly 100% of excess liquidity to shareholders. 💰 Dividend Yield Projections (Entry Price: 7.98 NOK) Management's official guidance projects an annual distribution between $90 million and $110 million USD. Based on the current share count of 731 million shares and current exchange rates (1 USD = ~11.10 NOK), the return scenarios are: 🔹 Conservative Scenario ($90M USD): Distribution of ~1.37 NOK per share. Annual Dividend Yield of 17.1%. 🔹 Base/Upside Scenario ($110M USD): Distribution of ~1.67 NOK per share. Annual Dividend Yield of 20.9%. ⏳ Investment Horizon and Payback Dynamics Assuming a constant share price and the accumulation or reinvestment of dividends, the speed of capital recovery maps out as follows: - Year 3 (Cumulative): Return of 51.3% to 62.7% of the initial principal through dividends alone. - Year 5 (Cumulative): 100% Full Payback. The investor recovers their entire initial cost basis purely through operational cash distributions, dropping the real risk of the position to zero while retaining full equity ownership. ⚠️ Key Risks to Monitor - FX Risk (USD/NOK): Operational cash flow and official guidance are dollar-denominated, but dividends are paid on the Oslo Stock Exchange in Norwegian Krone. A structural weakening of the USD against the NOK will negatively impact the final yield. - Contract Renewals (Post-2028): Cash flow resilience beyond year four will rely entirely on management's ability to extend current contracts at comparable dayrates. 🎯 Conclusion SED Energy shapes up as a textbook corporate cash cow. Trading at a Forward P/E of just ~7x and cleared of institutional selling pressure, the company offers a recurring yield near 20% per year with high visibility. This thesis is strictly focused on aggressive cash extraction. Please feel free to challenge the model's assumptions. Any constructive feedback will be highly valuable for finalizing the formal investment report.AI is a fantastic tool if used correctly. You others who criticize, please come with your own conclusions or just shut up. It's good that someone bothers to post this. He asks for constructive feedback and that we gladly challenge the model. Some points: As you mention, low CapEX and debt are positive triggers. But you are probably wrong about almost full coverage on Rigs. EDrill‑1: Oct 2023 → Nov 2026 (~3 years) EDrill‑2: Oct 2025 → Oct 2030 (~5 years) T‑15: Mar 2026 → Jan 2027 (~10 months) ] T‑16: Nov 2024 → Nov 2026 (~2 years) ED Vencedor: Nov 2024 → Dec 2027 (~3 years) GHTH: Nov 2025 → July 2027 (~1.5–2 years)
- ·5 t sittenHistoric sale or missing info ? I'm basing this on the latest news from the boss and loading up further here,,,
- ·8 t sittenAt today's price of 7.90 kr, this corresponds to around 17 % direct yield if we assume USD 25 mill. in quarterly distribution and a USD/NOK of 9.88 (approximately 0.338 kr per share per quarter). If this level holds for four quarters, it will be approx. 1.35 kr per share per year.If the price stays like this, and one reinvests the dividend, then one doubles the position in a little over 4 years.
- ·1 päivä sittenMore top-up here
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Nordnet Socialin käyttäjiltä, eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.
Tarjoustasot
Ei dataa
Viimeisimmät kaupat
| Aika | Hinta | Määrä | Ostaja | Myyjä |
|---|---|---|---|---|
| - | - | - | - |
Huomioi, että vaikka osakkeisiin säästäminen on pitkällä aikavälillä tuottanut hyvin, tulevasta tuotosta ei ole takeita. On olemassa riski, että et saa sijoittamiasi varoja takaisin.
Välittäjätilasto
Dataa ei löytynyt
Asiakkaat katsoivat myös
Yhtiötapahtumat
Datan lähde: FactSet, Quartr| Seuraava tapahtuma | |
|---|---|
2026 Q2 -tulosraportti 26.8. |
| Menneet tapahtumat | ||
|---|---|---|
2026 Q1 -tulosraportti 29.5. | ||
2025 Q4 -tulosraportti 24.2. | ||
2025 Q3 -tulosraportti 26.11.2025 | ||
2025 Q2 -tulosraportti 27.8.2025 | ||
2025 Q1 -tulosraportti 28.5.2025 |
2026 Q1 -tulosraportti
28 päivää sitten
‧28 min
Uutiset
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
Yhtiötapahtumat
Datan lähde: FactSet, Quartr| Seuraava tapahtuma | |
|---|---|
2026 Q2 -tulosraportti 26.8. |
| Menneet tapahtumat | ||
|---|---|---|
2026 Q1 -tulosraportti 29.5. | ||
2025 Q4 -tulosraportti 24.2. | ||
2025 Q3 -tulosraportti 26.11.2025 | ||
2025 Q2 -tulosraportti 27.8.2025 | ||
2025 Q1 -tulosraportti 28.5.2025 |
0,2858 NOK/osake
Viimeisin osinko
13,73%Tuotto/v
Foorumi
Liity keskusteluun Nordnet Socialissa
Kirjaudu
- 5 t sittenInvestment Thesis: ENH.OL (SED Energy Holdings) — Dividend Asymmetry and Free Cash Flow Generation (Horizon: 3-5 years) Good morning, I am currently working on building this investment thesis and would love to hear if anyone has suggestions on areas to dive deeper into, specific points to watch out for, or thoughts on the metrics projected by our model. I believe this asset currently presents one of the clearest risk-reward asymmetries in the offshore sector, driven by a temporary price dislocation. The stock is currently trading at 7.98 NOK. This ideal entry point is the result of the recent overhang cleanup (June 2026), as the private equity funds HitecVision and Energy Ventures finished liquidating their positions following the 2025 merger. Free from this technical selling pressure, the stock is heavily discounted relative to its true distribution capacity. Below, I have outlined the core fundamentals and catalysts of this thesis: 📊 Catalysts and Free Cash Flow Sustainability - High revenue visibility: The drilling arm (Energy Drilling) represents roughly 90% of the business and operates under firm contracts in Southeast Asia extended through 2030. The fleet is running at 100% economic utilization, shielding cash generation from short-term fluctuations in oil prices. - Low capital intensity (CapEx): The entire fleet of modular rigs and seismic vessels is already built and fully paid for. With no heavy expansion CapEx required, EBITDA converts almost entirely into Free Cash Flow (FCF). - Deleveraged balance sheet: The Net Debt/EBITDA ratio sits between 0.22x and 0.3x. This negligible leverage eliminates the need to retain cash for debt service, allowing management to pass nearly 100% of excess liquidity to shareholders. 💰 Dividend Yield Projections (Entry Price: 7.98 NOK) Management's official guidance projects an annual distribution between $90 million and $110 million USD. Based on the current share count of 731 million shares and current exchange rates (1 USD = ~11.10 NOK), the return scenarios are: 🔹 Conservative Scenario ($90M USD): Distribution of ~1.37 NOK per share. Annual Dividend Yield of 17.1%. 🔹 Base/Upside Scenario ($110M USD): Distribution of ~1.67 NOK per share. Annual Dividend Yield of 20.9%. ⏳ Investment Horizon and Payback Dynamics Assuming a constant share price and the accumulation or reinvestment of dividends, the speed of capital recovery maps out as follows: - Year 3 (Cumulative): Return of 51.3% to 62.7% of the initial principal through dividends alone. - Year 5 (Cumulative): 100% Full Payback. The investor recovers their entire initial cost basis purely through operational cash distributions, dropping the real risk of the position to zero while retaining full equity ownership. ⚠️ Key Risks to Monitor - FX Risk (USD/NOK): Operational cash flow and official guidance are dollar-denominated, but dividends are paid on the Oslo Stock Exchange in Norwegian Krone. A structural weakening of the USD against the NOK will negatively impact the final yield. - Contract Renewals (Post-2028): Cash flow resilience beyond year four will rely entirely on management's ability to extend current contracts at comparable dayrates. 🎯 Conclusion SED Energy shapes up as a textbook corporate cash cow. Trading at a Forward P/E of just ~7x and cleared of institutional selling pressure, the company offers a recurring yield near 20% per year with high visibility. This thesis is strictly focused on aggressive cash extraction. Please feel free to challenge the model's assumptions. Any constructive feedback will be highly valuable for finalizing the formal investment report.AI is a fantastic tool if used correctly. You others who criticize, please come with your own conclusions or just shut up. It's good that someone bothers to post this. He asks for constructive feedback and that we gladly challenge the model. Some points: As you mention, low CapEX and debt are positive triggers. But you are probably wrong about almost full coverage on Rigs. EDrill‑1: Oct 2023 → Nov 2026 (~3 years) EDrill‑2: Oct 2025 → Oct 2030 (~5 years) T‑15: Mar 2026 → Jan 2027 (~10 months) ] T‑16: Nov 2024 → Nov 2026 (~2 years) ED Vencedor: Nov 2024 → Dec 2027 (~3 years) GHTH: Nov 2025 → July 2027 (~1.5–2 years)
- ·5 t sittenHistoric sale or missing info ? I'm basing this on the latest news from the boss and loading up further here,,,
- ·8 t sittenAt today's price of 7.90 kr, this corresponds to around 17 % direct yield if we assume USD 25 mill. in quarterly distribution and a USD/NOK of 9.88 (approximately 0.338 kr per share per quarter). If this level holds for four quarters, it will be approx. 1.35 kr per share per year.If the price stays like this, and one reinvests the dividend, then one doubles the position in a little over 4 years.
- ·1 päivä sittenMore top-up here
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Nordnet Socialin käyttäjiltä, eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.
Tarjoustasot
Ei dataa
Viimeisimmät kaupat
| Aika | Hinta | Määrä | Ostaja | Myyjä |
|---|---|---|---|---|
| - | - | - | - |
Huomioi, että vaikka osakkeisiin säästäminen on pitkällä aikavälillä tuottanut hyvin, tulevasta tuotosta ei ole takeita. On olemassa riski, että et saa sijoittamiasi varoja takaisin.
Välittäjätilasto
Dataa ei löytynyt