Fortnox

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I still had to return to my own writing about Fortnox from April 2021 and see how my predictions turned out: Viisas raha – 1 Apr 21 Fortnox – kultakimpale länsinaapurista “The best way to predict the future is to create it. I predicted Fortnox’s profit would quintuple from 2020 to...
Acquisition offer for Fortnox by EQT and First Craft. Offer 90 SEK/share. https://fortnoxgroup.com/nyhetsrum/uttalande-fran-styrelsen-i-fortnox-med-anledning-av-det-offentliga-uppkopserbjudandet-fran-eqt-x-och-first-kraft
Are there any owners here? This came up in the screener when I had a lot of time and little energy during my sick leave. The company has almost always traded at really high multiples. What does the company’s future really look like; can the upward trend continue? Looking at the share...
Two significant owners seem to have rejected the takeover bid. It will be interesting to see what happens in the end, but if it doesn’t go through, one would expect the stock to be available significantly cheaper compared to the current price. Link to DI’s article (behind a paywall...
Prices raised again. Fortnox has on Thursday sent out information to its customers about price increases. The new prices apply from today, January 30, for new and additional orders. For existing licenses, the new prices will only apply when a new contract period starts from March...
I’m no wiser, but the gap indeed seems quite wide considering that the buyer is not some unknown fly-by-night fund, management and the main owner recommend approval, etc. I myself am waiting for levels above 89 kronor before selling or letting it go to redemption, in my opinion it...
No wonder the insiders bought heavily last year. Luckily, me too
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