ININ Group AS: Qben Power subsidiary secures long-term frame agreement for excavation services, with a potential value of NOK400million
Does anyone still believe in this case? After the sale of Rail + part of construction and the redemption of debt, does things look better for the company. But do you trust the outlook for 2026 in the remaining units?
I lost faith in this case short/medium term when the offer from Qben was announced. I feel like we were just about to get a more correct reflected price on ININ, and the Qben aquisition fogged this and made it a more complex case with more risk tied to other macro. I do not believe we will see a much better situation in the new build housing market the next couple of years. Sold straight after the divestment of rail division.
I’ve been invested since Elop (trading a bit before and during purchase of Simplifai. Was very positive to the sale of the Simplifai and broadening of the services offering.
But as I said Qben ruined the case.
Please disagree, i don’t mind to get other perspectives.
Min vurdering: prisen på rail viser at verdivurderingene på NAV 20-22 SEK per aksje er realistiske. Markedet for power blir bedre og bedre, mens Team Bygg er mer usikkert. Det er ingen interesse for selskapet på børsen. Mcap er helt tilfeldig. Q4 rapport bør være en trigger med regnskapsføring av salget og potensielt utbytte. Aksjekurs på 100 % av NAV er urealistisk men 15-16 SEK bør være mulig i et heldig øyebliķk.
“Penger på gaten” ifølge Ankit