Axactor (ACR)

GriseFlax · april 3, 2020, 7:10pm

Så du mener at Fredriksen og Nordbrekken er gode busser? Selv etter StoreUlv og Nordbrekken sine krumspring når StoreUlv tok grep om AktivKapital?

Javel

Kvadro · april 3, 2020, 7:10pm

Ja jeg mener det, fortell litt om hva du mener her: StoreUlv sine krumspring når hsn tok grep om AktivKapital?

GriseFlax · april 3, 2020, 7:15pm

Det ble litt konflikt mellom Fredriksen og Nordbrekken.

Etter at Nordbrekken solgte til Fredriksen startet han raskt en ny konkurrent sammen med Spetalen, B2Holding.

Jeg holder det nå for mer sannsynlig at Nordbrekken ringer Endre Rangnes og tilbyr han jobben som CEO i B2H.

Men, samma det, jeg skal ikke investere i noen av selskapene i nør fremtid

Kvadro · april 3, 2020, 7:14pm

Ingen konflikt å spore så jeg kan se. Bare masse penger tjent

https://www.nettavisen.no/nyheter/spetalen-og-nordbrekken-casher-inn-i-aktiv-kapital-(ny)/1877706.html

GriseFlax · april 3, 2020, 7:21pm

Gode venner går som kjent gjerne i strupen på hverandre

Kvadro · april 3, 2020, 7:26pm

Du får lese innlegget mitt å tenke litt på det.

Salamis · april 8, 2020, 6:28am

Hvis noen er interesserte i det nye inkassolovforslaget

Noen av regjeringens forslag

Halvere purregebyrene (til 35 kr)
Halvere gebyr ved inkassovarsel (til 35 kr)
Salærkutt:
- 50 % kutt på krav under 2500 kroner
- 20 % på krav mellom 2500 og 50 000 kroner
- 10 % på krav over 50 000 kroner
Skrivesalæret ved utleggsbegjæringer foreslås halvert fra 1172 til 586 kroner (gebyrene ved å sende saker til namsmannen).
Halvering av skrivesalær for forliksklager
Reduksjoner i kostnadene ved tvangsfullbyrdelse og forliksrådsbehandling.

MTH · april 7, 2020, 8:15am

opp 12% i dag, jeg har gitt opp å skjønne meg på denne aksjen…

Salamis · april 8, 2020, 9:35am

Er det noen som vet om lignende lover ble hasteinnført etter 2008 og påfølgende gjeldskrise i Spania og Italia, eller om lignende lover fakisk vurderes nå?

Kvadro · april 8, 2020, 5:04pm

Har ikke hørt- eller klart å funnet noe om det i de andre landene Axactor jobber i! Men det jeg har sett er at land som Spania innfører Borgerlønn. Noe jeg mener er positivt siden alle vil få tilgang på lønn, som igjen vil resultere i at inndriving av gjeld vil fungere bra når ting roer seg ? Så også at den spanske delen av Axactor har 9 ledige stillinger ute pr nå, altså de ansetter (i en tid med permiteringer)

Hva mener dere?

TekBot · april 17, 2020, 8:39am

Invitation to presentation of Q1 2020 results

TekBot · april 21, 2020, 5:00am

Axactor reports Q1 financials

Oslo, April 21st 2020

Axactor’s operations and financials for the first quarter of 2020 were significantly affected by the coronavirus outbreak and the far-reaching measures that were implemented to control the spreading of the virus in March.
…

Vis børsmeldingen

“Our main priorities in this situation have been to protect our employees and to safeguard business continuity and make sure that we remain operational for our debtors, customers and partners,” says acting CEO Johnny Tsolis in Axactor.

Gross revenue declined 13% to EUR 79.2 million compared to the same quarter last year, mainly due to a 53% reduction of REO revenues. The closure of public notary offices in Spain hindered completion of already entered REO sales contracts, settlement of secured assets, and some large ticket NPL settlements. Net revenue decreased by 25% to EUR 55.6 million, reflecting also increased NPL amortization. EBITDA was EUR 14.1 million and cash EBITDA EUR 48.2 million in the first quarter 2020, whereas net profit amounted to EUR 3.4 million.

“Given the current extraordinary measures to contain the coronavirus, we expect the negative effects to deepen in the second quarter. We have already implemented a wide range of cost saving initiatives to align operations with the currently lower activity level, including both temporary workforce and salary reductions”, says Tsolis.

Looking further ahead, the collection performance will depend on the depth and length of the economic setback, and the impact on unemployment levels and the debtors’ disposable income and debt service abilities. The company is working to assess the impact on its valuation models, with the indication that the Financial Statements for the first half year 2020 may be charged with impairments. These potential impairments may challenge the covenants of the company’s outstanding bond and other financing arrangement.

Axactor invested EUR 89.9 million in portfolio acquisitions in the first quarter of 2020, and currently holds back on new investments to preserve cash and safeguard business continuity. The investment guidance for the full year 2020 has been suspended.

Axactor raised new equity through a private placement in February, generating gross proceeds of NOK 515.5 million. After the end of the quarter, the liquidity position was further secured through the extension of the EUR 425 million Revolving Credit Facility and EUR 75 million accordion option by one year until December 2021. The extension is conditional on refinancing of Axactor’s EUR 200 million bond maturing in June 2021, before the end of the first quarter 2021.

Axactor expects the current situation to boost demand for 3PC services from the second half of 2020. The changing market environment is also expected to generate a significant downward shift in the pricing of NPL portfolios, as the supply of new NPLs is expected to increase and the availability of funds to support potential buyers likely will be more limited. This may open new and profitable growth opportunities for the company in the longer run.

For additional information, please contact:

Acting CEO Johnny Tsolis
Mobile phone: +47 913 35 461
Email: [email protected]

About Axactor:
Axactor Group is a next-generation debt management company operating in Norway, Sweden, Finland, Germany, Spain and Italy with an ambitious European growth strategy. Axactor acquires and collects on own portfolios of non-performing loans and also provides debt collection and accounts receivable management for third parties. The debt collection market is estimated to about 1,000 billion euros across Europe, providing significant opportunities for future expansion. The company has approximately 1150 employees.

To learn more, visit www.axactor.com

Kilde

TekBot · april 30, 2020, 2:01pm

Notice to extraordinary general meeting

Tekspert · mai 1, 2020, 10:00am

Hver måned kårer jeg det jeg kaller Teksperter™ for noen av de mest populære investeringene våre

Det er de 3 medlemmene som har fått flest likes på innleggene sine de siste 90 dagene. Teksperter™ får også en unikt merke på profilen sin og et trofé-ikon ved siden av navnet sitt. Du kan bli Tekspert™ i flere aksjer/investeringer, og troféet vil bare vises i tråder der du er Tekspert™.

Her er denne månedens Teksperter™ og det mest likte innlegget deres fra de siste 90 dagene:

@Longtrader (10 likes)

@MOluf (9 likes)

@rokky (8 likes)

Resten av topp 10:

@Buffet (7 likes)
@Kvadro (5 likes)
@Bingo123 (5 likes)
@MTH (5 likes)
@GriseFlax (5 likes)
@alano (4 likes)
@Kaisovski (3 likes)

Gratulerer!

TekBot · mai 25, 2020, 11:00am

Extraordinary general meeting Axactor SE

Axactor SE held an extraordinary general meeting today 25 May 2020 where updated articles of association and an additional member to the Board, Mr Hans Harén, were approved. After the general meeting the board has the following composition Glen Ole Rødland as chair and Brita Eilertsen, Merete Haugli, Lars Erich Nilsen, Kathrine Astrup Fredriksen, Terje Mjøs and Hans Harén as board members.

The minutes from the meeting is enclosed and available at the company’s website.
…

Vis børsmeldingen

About Axactor

Axactor Group is a next-generation debt management company operating in Norway, Sweden, Finland, Germany, Spain and Italy with an ambitious European growth strategy. Axactor acquires and collects on own portfolios of non-performing loans and also provides debt collection and accounts receivable management for third parties. The debt collection market is estimated to about 1,000 billion euros across Europe, providing significant opportunities for future expansion. The company has approximately 1150 employees.

To learn more, visit www.axactor.com”

Kilde

Tekspert · juni 1, 2020, 10:02am

Hver måned kårer jeg det jeg kaller Teksperter™ for noen av de mest populære investeringene våre

Det er de 3 medlemmene som har fått flest likes på innleggene sine de siste 90 dagene. Teksperter™ får også en unikt merke på profilen sin og et trofé-ikon ved siden av navnet sitt. Du kan bli Tekspert™ i flere aksjer/investeringer, og troféet vil bare vises i tråder der du er Tekspert™.

Her er denne månedens Teksperter™ og det mest likte innlegget deres fra de siste 90 dagene:

@Longtrader (10 likes)

@Buffet (7 likes)

@MTH (5 likes)

Resten av topp 10:

@GriseFlax (5 likes)
@Kvadro (5 likes)
@rokky (4 likes)
@Kaisovski (3 likes)
@Savepig (2 likes)
@Kratos (2 likes)
@Bingo123 (2 likes)

Gratulerer!

Kvadro · juni 6, 2020, 11:10pm

Axactor har fått juling. Usikkerhet rundt innkreving og REOs. Men samtidig bygger de seg opp på det som kan bli framtiden for inkasso.

https://www.axactor.se/2020/06/04/svensk-bank-valjer-axactor-sverige?fbclid=IwAR2RFMVg7shN75qAtZsuKQGefdXci8ON5mJtlwqzWyJ8xUlSA6-MjVJOVew

Kvadro · juni 7, 2020, 4:31pm

Har sett på diverse nye kursmål, hvor Dnb kom med en ganske merkelig analyse. De satt ned kursmålet med kjøpsanbefaling 10kr. Grunnen til kursmålet var bytte av analytiker og at Axactor kunne komme i brudd med lånebetingelser!

Så ikke en veldig fyldig analyse med tanke på at Axactor nå vil nyte godt av sin 3pc virksomhet og Npl vil bli billigere når bankene må kvitte seg med lånene som gir dårlig balanse i deres portoføljer.

Elefanten i rommet er nedskriving og brudd på lånebetingelser i Q2.

Men her kan jeg tillføye at Axactor har vært i brudd tidligere med lånebetingelser. Ligger under Q4 2016 side 20. Å veien fram til idag har vært preget av stor vekst.

Kom gjerne med synspunkter?

TekBot · juni 8, 2020, 7:40am

Axactor extends forward flow agreement with client in Norway

Oslo, June 8th 2020

Axactor has extended an existing forward flow agreement in Norway, increasing the contract length by nine months. The new contract period will run until March 2022, with the annual principal volume expected to be close to 70 mEUR across 2.750 claims. The contract will change to include an element of 3PC, which will have the added benefit of lowering the expected capex by over 20 mEUR in 2020. The total capex for the contract will however be increased by approximately 30 mEUR in 2021 and 2022.
…

Vis børsmeldingen

“The team in Norway are very pleased to extend this agreement, based on both the quality of the claims and the close relationship with the seller.” says Stina Koren, Axactor Country Manager Norway.

This investment will be financed by Axactor’s available cash and our existing credit facilities.

For additional information, please contact:

Johnny Tsolis, Interim CEO, CFO, Axactor
Mobile phone: +47 913 35 461
Email: [email protected]

About Axactor

Axactor Group is a next-generation debt management company operating in Norway, Sweden, Finland, Germany, Spain and Italy with an ambitious European growth strategy. Axactor acquires and collects on own portfolios of non-performing loans and also provides debt collection and accounts receivable management for third parties. The debt collection market is estimated to about 1,000 billion euros across Europe, providing significant opportunities for future expansion. The company has approximately 1,150 employees.

To learn more, visit www.axactor.com

Kilde

OMSO · juni 8, 2020, 7:00pm

Noen som følger Axa her? Etter min spede kunnskap på TA så ble vel det gitt et lite kjøpssignal idag når den passerte 8,25 ish? Stigende RSI og godt volum også. Og med greit volum imorgen skal vel den presses ytterligere opp. Spennende case om kursen snur ytterligere nordover.