I passed at 25 SEK.. could've been an 8-bagger. But the story also didn't make sense to me at the time.
In today's market you don't need to be right to make lots of money. And while this mostly goes for stuff like quantum stocks etc. it proves true here too.
Definintely one of the most interesting stocks to have watched over the past year!
I held my nose, bought and sold in time to make it 3-bagger. What concerned me was their patent expiry. The price then became too high to earn its price.
It's a tragedy. There seems to be a genuinely promising small business at the core, but it has become entangled in fraud. Now its reputation is badly damaged, and the company is facing a likely delisting from Nasdaq First North:
Please translate this document from the Nasdaq disciplinary committee regarding Intellego’s acquisition of Daro (you can read from 'Offentliggörande av nyckeltal’ p.4). I didn’t know you could consolidate an income statement, but disregard the balance sheet! Even better, Claes Lindahl (CEO) made several insider buys during the period.
I passed at 25 SEK.. could've been an 8-bagger. But the story also didn't make sense to me at the time.
In today's market you don't need to be right to make lots of money. And while this mostly goes for stuff like quantum stocks etc. it proves true here too.
Definintely one of the most interesting stocks to have watched over the past year!
I held my nose, bought and sold in time to make it 3-bagger. What concerned me was their patent expiry. The price then became too high to earn its price.
wow. what would it actually take for shorting to overcome your fomo?
As usual, it’s always worth asking “where is the free cash flow.”
Thanks for this Andrew
Thanks Andrew, appreciate it!
It's a tragedy. There seems to be a genuinely promising small business at the core, but it has become entangled in fraud. Now its reputation is badly damaged, and the company is facing a likely delisting from Nasdaq First North:
https://intellego-technologies.com/mfn_news/nasdaq-intends-to-submit-a-request-to-the-disciplinary-committee-to-decide-to-de-list-intellego-technologies-shares-from-nasdaq-first-north-growth-market/
Thanks for the background, the story never made any sense to me either, not even what the purported expert from Henkel was reportedly saying.
Hi Andrew,
Please translate this document from the Nasdaq disciplinary committee regarding Intellego’s acquisition of Daro (you can read from 'Offentliggörande av nyckeltal’ p.4). I didn’t know you could consolidate an income statement, but disregard the balance sheet! Even better, Claes Lindahl (CEO) made several insider buys during the period.
https://www.nasdaq.com/docs/2024/08/19/2024-02_Intellego_Technologies_AB_Beslut.pdf