contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  tags {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

SSH Communications Security operates in the IT sector. The company specializes in the area of security solutions. The software solutions are delivered via the cloud-based system and are mainly focused on encryption, file management, as well as consulting and support for various IT environments. The operations are conducted on a global level with subsidiaries throughout Europe, North America and Asia. The headquarters are located in Helsinki.

The Chairman of the Board, Österlund, gave an interview in KL regarding the recent initiation of monitoring and disagreements related to growth prospects.                   Tärkeimmät talousuutiset | Kauppalehti – 8 Dec 25              SSH:n kasvunäkymä aiheuttaa kiistaa – Suuromistaja KL:lle:...    Kyberturvayhtiö SSH tarvitsi lisää osakeanalyysipalveluita, mutta analyytikon arviot eivät miellyttäneet hallituksen puheenjohtajaa ja suuromistajaa. Nyt Accendo Capitalin Henri Österlund avaa tilannetta Kauppalehden haastattelussa.                             From my perspective, the situation is interesting because the company did not provide concrete growth targets in terms of numbers. Regarding the outlook given at the CMD, my forecast is in line (growth accelerating from next year onwards). This was an interesting point: “In my opinion, it is also not critical whether growth is verified in Q1 next year or Q4 next year. I know that the market potential there is very large. It remains to be seen how quickly it will be reflected in our own figures.” and “Based on Österlund’s comments, precisely defining growth targets would still be a rather difficult task for the company.” I do not disagree that there is a lot of potential, and this potential is one major theme in the report. Our forecasts, through which valuation has also been examined, do indeed show strong growth: revenue in 2029 already nearly 40 MEUR. An investor must therefore take a rather strong stance that growth will accelerate significantly beyond our forecasts if they wish to achieve significant excess returns.

It’s probably Henri’s/Accendo’s hope that SSH’s market value would rise above half a billion, and with that, the stock would also start appearing on big money scanners.

What’s the point of an analysis that just pumps up the stock price? Surely the price will rise based on actual performance and results. A few years ago, stories without proof were still enough (I’m now speaking generally about stocks).

This post was flagged by the community and is temporarily hidden.

Indeed. And it’s quite difficult for an analyst to start pulling growth forecasts out of a hat when the company itself is silent. I took it for granted that clear numerical targets for the short and medium term would be presented at the CMD, but it turned out otherwise. It also makes me wonder why Inderes was chosen again; there are others like Danske, Evli, Carnegie, etc., who analyze many small Finnish companies. But this special situation was caused entirely by themselves. On the other hand, I gladly welcome such an opportunity to acquire shares at a reasonable price. And besides, Inderes’ reports are extensive and thorough. I bet that this will follow the path paved by Bittium, meaning target prices and recommendations will lag for quite some time. It would be strange if insiders didn’t continue buying shares.

Exceptional commentary from Österlund, pleasant to follow from an investment entertainment perspective. But, to be precise, Österlund has not, at any point, said that the current share price is cheap, in which case “put your money where your mouth is” doesn’t quite work. As I understand it, he has only grumbled about Inderes’ target price.

SSH Communications Security

A 9.2% increase in sales throughout the quarter signifies the robust nature of SSH's subscription model. This quarter also marks the 9th straight quarter with a positive EBITDA. Given the substantial...

<div class="mfn-body"><p>A 9.2% increase in sales throughout the quarter signifies the robust nature of SSH's subscription model. This quarter also marks the 9th straight quarter with a positive EBITDA. Given the substantial pipeline of pending deals, we anticipate that the second half of 2023 might yield pleasantly surprising outcomes.</p><p><a rel="noopener" href="https://www.redeye.se/research/917324/ssh-communications-security-q223?utm_source=MFN&amp;utm_medium=pm">Read more and download the Research Update.</a></p><p>Follow companies at Redeye to receive the latest equity research within Life Science and Technology.</p><p>This is a press release from Redeye - Research Powered Investment Banking. <a rel="noopener" href="https://www.redeye.se/">www.redeye.se/</a></p></div><div class="mfn-footer mfn-attachment mfn-attachment-general"><p><strong class="mfn-heading-1">Attachments</strong></p><hr><p><a rel="noopener" href="https://storage.mfn.se/242cbf50-e552-4b45-a7b6-3fb1bd60b188/ssh-communications-security-q223.pdf" class="mfn-generated mfn-primary">SSH Communications Security - Q2’23</a></p></div>