2025 Q3 -tulosraportti
64 päivää sitten48 min
1,20 SEK/osake
Viimeisin osinko
0,61 %Tuotto/v
Tarjoustasot
Nordic Growth Market
Määrä
Osto
187
Myynti
Määrä
997
Viimeisimmät kaupat
| Aika | Hinta | Määrä | Ostaja | Myyjä |
|---|---|---|---|---|
| 45 | AVA | SHB | ||
| 42 | AVA | AVA | ||
| 13 | AVA | AVA | ||
| 5 | AVA | AVA | ||
| 300 | AVA | AVA |
Ylin
195VWAP
Alin
193,2VaihtoMäärä
2,3 11 858
VWAP
Ylin
195Alin
193,2VaihtoMäärä
2,3 11 858
Välittäjätilasto
Dataa ei löytynyt
Yhtiötapahtumat
| Seuraava tapahtuma | |
|---|---|
Sijoittajakalenteri ei ole saatavilla | |
| Menneet tapahtumat | ||
|---|---|---|
| 2025 Q3 -tulosraportti | 15.10. | |
| 2025 Q2 -tulosraportti | 11.7. | |
| 2025 Q1 -tulosraportti | 11.4. | |
| 2024 Q4 -tulosraportti | 24.1. | |
| 2024 Q3 -tulosraportti | 11.10.2024 |
Datan lähde: Quartr
Asiakkaat katsoivat myös
Shareville
Liity keskusteluun SharevillessäShareville on aktiivisten yksityissijoittajien yhteisö, jossa voit seurata muiden asiakkaiden kaupankäyntiä ja omistuksia.
Kirjaudu
·2 päivää sittenWhy the discount persists Strong dependence on Paradox: Spiltan's largest holding is the computer game developer Paradox, which the market often considers highly valued. This makes investors cautious. Unlisted holdings: A significant part of the portfolio is unlisted, which makes the valuation less transparent and increases uncertainty. Liquidity: The Spiltan share is less liquid than, for example, . Investor or Industrivärden, which can reinforce the discount. Communication: Despite Börjesson's attempts to reduce the discount through buybacks and increased transparency, the market has not rewarded the share with a higher valuation Conclusion You are right that the discount has rather gone in the wrong direction. The market seems to demand more proof that Spiltan can create value in its unlisted holdings and reduce its dependence on Paradox. As long as these factors persist, it is difficult to see the discount decrease significantly. Not me but CoPilot speaking...
·12.12.Bought a substantial chunk today. With a discount of over 32% one gets Paradox for free. A nice pillow to sleep on·12.12.and the rest is just trash?·12.12.It's not all roses, but with that discount, one doesn't need to be so picky.- ·5.12.Updated valuation of the net asset value in Spiltan. With the current share price of 199 SEK, one gets either the unlisted stock portfolio and Paradox with a very large discount, depending on which of the elements one chooses to “place” the discount on. The official net asset value discount is approx. 30 %, but the real net asset value discount is much higher. The discount is growing and own shares are being bought back, and the discount has never been higher according to ibindex. I calculate the real net asset value discount to be 65 %. For 44,50 SEK out of the payment per share of 199 SEK, one gets according to my calculation: - either unlisted shares valued at 127 SEK. - or one gets Paradox shares corresponding to approx. 66 SEK completely free - plus unlisted shares valued at 66 SEK free on top. The major risk, often highlighted by Paradox constituting such a large part of the portfolio, is thus effectively eliminated. One can get Paradox completely free plus a good discount on the unlisted shares. Calculation method: I calculate the real net asset value discount solely in relation to the unlisted shares, by first fully offsetting the value of the listed shares as well as positive capital including receivables (and offsetting any debt). After that, it is of course necessary to look at what unlisted shares are in the company's portfolio. Firstly, one must consider whether the value is correctly determined. I do not have the prerequisites to know this, and must therefore assess whether I find the management trustworthy and competent, including the extent to which the management itself invests, and whether there are larger investors who sometimes supplement further. Secondly, one must consider the security in relation to how much individual stocks make up of the portfolio. The Paradox share has been discussed above, and there are no other individual stocks that make up over 4 %, and they therefore do not immediately constitute a problem in themselves due to their share of the net asset value. So even if Paradox, against all expectations, were to go bankrupt, the Spiltan share's net asset value would still be intact in relation to the share price. Others may have greater abilities than I to assess the value of the underlying unlisted companies. Previous posts in the debate have been deleted so they do not take up unnecessary space.
·28.11.You can easily check the valuation of similar fund companies listed on the Stockholm Stock Exchange, such as Spiltan Fonder. There is at least one fund company that is almost twice as large, as well as a couple, three that are smaller than Spiltan Fonder. All listed fund companies are valued significantly higher than what Spiltan Invest values Spiltan Fonder at. Should Spiltan Invest sell Spiltan Fonder, they would surely get between 50 and 100 percent more than what they value the fund company at in its substance.·10.12.IB index now shows that only two of the investment companies are trading at a premium - Latour and Öresund, and it probably won't be long before they too trade at a discount. Spiltan's discount is increasing despite the buybacks.- 5.12.5.12.Tämä julkaisu on poistettu.·28.11.What do Spiltan Fonder's holdings in the funds have to do with Spiltan Invest's valuation????? They don't own the shares in their funds, they just manage money that you and I ask them to manage. What counts are revenues which largely consist of management fees which in turn are based on AUM (Assets Under Management), which today is probably around 110 billion kronor, or something like that.
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Sharevillen 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.
2025 Q3 -tulosraportti
64 päivää sitten48 min
1,20 SEK/osake
Viimeisin osinko
0,61 %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.
Shareville
Liity keskusteluun SharevillessäShareville on aktiivisten yksityissijoittajien yhteisö, jossa voit seurata muiden asiakkaiden kaupankäyntiä ja omistuksia.
Kirjaudu
- ·2 päivää sittenWhy the discount persists Strong dependence on Paradox: Spiltan's largest holding is the computer game developer Paradox, which the market often considers highly valued. This makes investors cautious. Unlisted holdings: A significant part of the portfolio is unlisted, which makes the valuation less transparent and increases uncertainty. Liquidity: The Spiltan share is less liquid than, for example, . Investor or Industrivärden, which can reinforce the discount. Communication: Despite Börjesson's attempts to reduce the discount through buybacks and increased transparency, the market has not rewarded the share with a higher valuation Conclusion You are right that the discount has rather gone in the wrong direction. The market seems to demand more proof that Spiltan can create value in its unlisted holdings and reduce its dependence on Paradox. As long as these factors persist, it is difficult to see the discount decrease significantly. Not me but CoPilot speaking...
- ·12.12.Bought a substantial chunk today. With a discount of over 32% one gets Paradox for free. A nice pillow to sleep on·12.12.and the rest is just trash?·12.12.It's not all roses, but with that discount, one doesn't need to be so picky.
- ·5.12.Updated valuation of the net asset value in Spiltan. With the current share price of 199 SEK, one gets either the unlisted stock portfolio and Paradox with a very large discount, depending on which of the elements one chooses to “place” the discount on. The official net asset value discount is approx. 30 %, but the real net asset value discount is much higher. The discount is growing and own shares are being bought back, and the discount has never been higher according to ibindex. I calculate the real net asset value discount to be 65 %. For 44,50 SEK out of the payment per share of 199 SEK, one gets according to my calculation: - either unlisted shares valued at 127 SEK. - or one gets Paradox shares corresponding to approx. 66 SEK completely free - plus unlisted shares valued at 66 SEK free on top. The major risk, often highlighted by Paradox constituting such a large part of the portfolio, is thus effectively eliminated. One can get Paradox completely free plus a good discount on the unlisted shares. Calculation method: I calculate the real net asset value discount solely in relation to the unlisted shares, by first fully offsetting the value of the listed shares as well as positive capital including receivables (and offsetting any debt). After that, it is of course necessary to look at what unlisted shares are in the company's portfolio. Firstly, one must consider whether the value is correctly determined. I do not have the prerequisites to know this, and must therefore assess whether I find the management trustworthy and competent, including the extent to which the management itself invests, and whether there are larger investors who sometimes supplement further. Secondly, one must consider the security in relation to how much individual stocks make up of the portfolio. The Paradox share has been discussed above, and there are no other individual stocks that make up over 4 %, and they therefore do not immediately constitute a problem in themselves due to their share of the net asset value. So even if Paradox, against all expectations, were to go bankrupt, the Spiltan share's net asset value would still be intact in relation to the share price. Others may have greater abilities than I to assess the value of the underlying unlisted companies. Previous posts in the debate have been deleted so they do not take up unnecessary space.
- ·28.11.You can easily check the valuation of similar fund companies listed on the Stockholm Stock Exchange, such as Spiltan Fonder. There is at least one fund company that is almost twice as large, as well as a couple, three that are smaller than Spiltan Fonder. All listed fund companies are valued significantly higher than what Spiltan Invest values Spiltan Fonder at. Should Spiltan Invest sell Spiltan Fonder, they would surely get between 50 and 100 percent more than what they value the fund company at in its substance.·10.12.IB index now shows that only two of the investment companies are trading at a premium - Latour and Öresund, and it probably won't be long before they too trade at a discount. Spiltan's discount is increasing despite the buybacks.
- 5.12.5.12.Tämä julkaisu on poistettu.·28.11.What do Spiltan Fonder's holdings in the funds have to do with Spiltan Invest's valuation????? They don't own the shares in their funds, they just manage money that you and I ask them to manage. What counts are revenues which largely consist of management fees which in turn are based on AUM (Assets Under Management), which today is probably around 110 billion kronor, or something like that.
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Sharevillen 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
Nordic Growth Market
Määrä
Osto
187
Myynti
Määrä
997
Viimeisimmät kaupat
| Aika | Hinta | Määrä | Ostaja | Myyjä |
|---|---|---|---|---|
| 45 | AVA | SHB | ||
| 42 | AVA | AVA | ||
| 13 | AVA | AVA | ||
| 5 | AVA | AVA | ||
| 300 | AVA | AVA |
Ylin
195VWAP
Alin
193,2VaihtoMäärä
2,3 11 858
VWAP
Ylin
195Alin
193,2VaihtoMäärä
2,3 11 858
Välittäjätilasto
Dataa ei löytynyt
Asiakkaat katsoivat myös
Yhtiötapahtumat
| Seuraava tapahtuma | |
|---|---|
Sijoittajakalenteri ei ole saatavilla | |
| Menneet tapahtumat | ||
|---|---|---|
| 2025 Q3 -tulosraportti | 15.10. | |
| 2025 Q2 -tulosraportti | 11.7. | |
| 2025 Q1 -tulosraportti | 11.4. | |
| 2024 Q4 -tulosraportti | 24.1. | |
| 2024 Q3 -tulosraportti | 11.10.2024 |
Datan lähde: Quartr
2025 Q3 -tulosraportti
64 päivää sitten48 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
| Seuraava tapahtuma | |
|---|---|
Sijoittajakalenteri ei ole saatavilla | |
| Menneet tapahtumat | ||
|---|---|---|
| 2025 Q3 -tulosraportti | 15.10. | |
| 2025 Q2 -tulosraportti | 11.7. | |
| 2025 Q1 -tulosraportti | 11.4. | |
| 2024 Q4 -tulosraportti | 24.1. | |
| 2024 Q3 -tulosraportti | 11.10.2024 |
Datan lähde: Quartr
1,20 SEK/osake
Viimeisin osinko
0,61 %Tuotto/v
Shareville
Liity keskusteluun SharevillessäShareville on aktiivisten yksityissijoittajien yhteisö, jossa voit seurata muiden asiakkaiden kaupankäyntiä ja omistuksia.
Kirjaudu
- ·2 päivää sittenWhy the discount persists Strong dependence on Paradox: Spiltan's largest holding is the computer game developer Paradox, which the market often considers highly valued. This makes investors cautious. Unlisted holdings: A significant part of the portfolio is unlisted, which makes the valuation less transparent and increases uncertainty. Liquidity: The Spiltan share is less liquid than, for example, . Investor or Industrivärden, which can reinforce the discount. Communication: Despite Börjesson's attempts to reduce the discount through buybacks and increased transparency, the market has not rewarded the share with a higher valuation Conclusion You are right that the discount has rather gone in the wrong direction. The market seems to demand more proof that Spiltan can create value in its unlisted holdings and reduce its dependence on Paradox. As long as these factors persist, it is difficult to see the discount decrease significantly. Not me but CoPilot speaking...
- ·12.12.Bought a substantial chunk today. With a discount of over 32% one gets Paradox for free. A nice pillow to sleep on·12.12.and the rest is just trash?·12.12.It's not all roses, but with that discount, one doesn't need to be so picky.
- ·5.12.Updated valuation of the net asset value in Spiltan. With the current share price of 199 SEK, one gets either the unlisted stock portfolio and Paradox with a very large discount, depending on which of the elements one chooses to “place” the discount on. The official net asset value discount is approx. 30 %, but the real net asset value discount is much higher. The discount is growing and own shares are being bought back, and the discount has never been higher according to ibindex. I calculate the real net asset value discount to be 65 %. For 44,50 SEK out of the payment per share of 199 SEK, one gets according to my calculation: - either unlisted shares valued at 127 SEK. - or one gets Paradox shares corresponding to approx. 66 SEK completely free - plus unlisted shares valued at 66 SEK free on top. The major risk, often highlighted by Paradox constituting such a large part of the portfolio, is thus effectively eliminated. One can get Paradox completely free plus a good discount on the unlisted shares. Calculation method: I calculate the real net asset value discount solely in relation to the unlisted shares, by first fully offsetting the value of the listed shares as well as positive capital including receivables (and offsetting any debt). After that, it is of course necessary to look at what unlisted shares are in the company's portfolio. Firstly, one must consider whether the value is correctly determined. I do not have the prerequisites to know this, and must therefore assess whether I find the management trustworthy and competent, including the extent to which the management itself invests, and whether there are larger investors who sometimes supplement further. Secondly, one must consider the security in relation to how much individual stocks make up of the portfolio. The Paradox share has been discussed above, and there are no other individual stocks that make up over 4 %, and they therefore do not immediately constitute a problem in themselves due to their share of the net asset value. So even if Paradox, against all expectations, were to go bankrupt, the Spiltan share's net asset value would still be intact in relation to the share price. Others may have greater abilities than I to assess the value of the underlying unlisted companies. Previous posts in the debate have been deleted so they do not take up unnecessary space.
- ·28.11.You can easily check the valuation of similar fund companies listed on the Stockholm Stock Exchange, such as Spiltan Fonder. There is at least one fund company that is almost twice as large, as well as a couple, three that are smaller than Spiltan Fonder. All listed fund companies are valued significantly higher than what Spiltan Invest values Spiltan Fonder at. Should Spiltan Invest sell Spiltan Fonder, they would surely get between 50 and 100 percent more than what they value the fund company at in its substance.·10.12.IB index now shows that only two of the investment companies are trading at a premium - Latour and Öresund, and it probably won't be long before they too trade at a discount. Spiltan's discount is increasing despite the buybacks.
- 5.12.5.12.Tämä julkaisu on poistettu.·28.11.What do Spiltan Fonder's holdings in the funds have to do with Spiltan Invest's valuation????? They don't own the shares in their funds, they just manage money that you and I ask them to manage. What counts are revenues which largely consist of management fees which in turn are based on AUM (Assets Under Management), which today is probably around 110 billion kronor, or something like that.
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Sharevillen 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
Nordic Growth Market
Määrä
Osto
187
Myynti
Määrä
997
Viimeisimmät kaupat
| Aika | Hinta | Määrä | Ostaja | Myyjä |
|---|---|---|---|---|
| 45 | AVA | SHB | ||
| 42 | AVA | AVA | ||
| 13 | AVA | AVA | ||
| 5 | AVA | AVA | ||
| 300 | AVA | AVA |
Ylin
195VWAP
Alin
193,2VaihtoMäärä
2,3 11 858
VWAP
Ylin
195Alin
193,2VaihtoMäärä
2,3 11 858
Välittäjätilasto
Dataa ei löytynyt