@ThomasWesterhol Profile picture

Thomas Westerholm

@ThomasWesterhol

Sell-side analyst @Inderes. Focus on Nordic equities. All posts investing related.

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It's been a rough 1,5 decades for investors underweighting US equities (yours truly included). At least the dividend yields are getting up there...

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IPOs coming to life in Finland with Solar Foods announcing their IPO intention. The early-stage foodtech focuses on producing sustainable protein using gas-fed fermentation to grow a single-cell protein called Solein. At least BCG seemed bullish on the space some years ago

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Thomas Westerholm Reposted

Random thoughts on $GOOGL Waymo / $UBER. 1) Waymo is ramping monetized rides in 3 metros against what ought to be mostly fixed costs. This could be a tailwind to $GOOGL earnings while the $5b incremental investment is likely a headwind to FCF to start. 2) I struggle to believe…


A trend worth keeping an eye on for those owning companies with European manufacturing. 👇

This @TheEconomist chart should really keep European and German policymakers awake at night. China’s state-directed investment in ‘high-quality, productive’ forces is leading to massive overproduction that will reverberate in global markets for manufactured goods. 1/

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On days like this I wonder why I don't own Qt shares. Q2 revenue growth accelerated to 23 % and EBITA margin kept on expanding to almost 35 %. Both above consensus forecasts. Still catching up to do with a guidance of 20-30 % fx neutral revenue growth for the year. $QTCOM

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Equity research is becoming increasingly accessible as we expanded our coverage with Björn Borg today. Good job with the report @LucasMattsson99 👏 Some snippets from the initiation report in the thread 👇 $BORG

2/🧵 Björn Borg is a sports fashion company that offers a range of products including underwear, sport apparel, bags, footwear and other accessories. The company is represented in around twenty markets, with Sweden and the Netherlands being the largest. $BORG

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Thomas Westerholm Reposted

The recessionary trade was in full effect today following weak ISM data. Cyclicals underperformed Defensives by 429bps, one of the worst days in the last 16+ years. The only other comparable days were during the March 2020 Covid Crash and 2008 GFC. $SPY $QQQ $IWM

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