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
    }
  }
}


elisa-oyj-elisa-notification-of-the-managers-transactions-120

__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

Elisa is active in the telecom industry. The company offers services within communication with a focus on solutions that involve fixed telephony, mobile, and internet services. The customers are found among private individuals, corporate customers, and public organizations. The largest activity is in the Finnish and Baltic markets. In addition to the main business, the company also offers various digitization services, mainly to its larger corporate customers.

By comparing market value instead of enterprise value, one quickly makes the mistake of not taking into account the company’s debt position in any way. Elisa is, however, quite an indebted company. Elisa’s EV/EBIT seems to be somewhere around 15-16, and it describes valuation much better than market value/EBIT.

This price war is a bit out of control now. And this isn’t even the best offer. These 300M 5G have been sold for under 15€, and even with gift cards included.

The market has started to view Telia as higher quality because it is valued at higher multiples. Elisa’s dividend yield is, for a change, better than Telia’s due to the share price drop. The gains from Telia were apparently realized a bit too early.

That subscription fee discussion is a bit pointless here… their fluctuation is a zero-sum game between companies, meaning market share isn’t quickly grown with it. What companies do is get customers to switch to slightly more expensive subscriptions across all companies and upgrade them to 5G subscriptions. Elisa has expanded its operations to other areas besides subscription sales, but that share is still small. The stock price drop is a bit puzzling, as nothing revolutionary has actually happened. There isn’t much growth, but this can rather be considered a bond-like investment with a good 6.5% dividend, and as a bonus, perhaps sometimes a rise to the +50 level predicted by analysts, or was there now a recommendation cut from 62 euros to 60 euros somewhere. I don’t know what the driver would be for it to rise there.

I currently have DNA and Elisa’s offers, which are those 25-30€. I have tried that automated offer system several times, and it has never offered anything cheaper than that.

You see, the way it works is that only new subscriptions get those cheaper prices, while old ones are allowed to continue with their current exorbitant prices. Go to a shopping center with several stores, switch your subscription to a new operator for a new price, then walk a couple of meters and switch back to your old operator for a better price. On the corporate side, there’s a chilling atmosphere right now; costs are being cut everywhere. This is not good for Elisa, as everyone is doing the same everywhere at the same time. Price competition is fierce on the consumer side, and the fact that Elisa has had 11 restructuring talks this year is no surprise; results will drop sharply next year. Will the dividend also drop? Time will tell, but it doesn’t look good.

Not everyone gets such good deals, here’s the secret “offer” I got:

Elisa

ELISA MANAGERS' TRANSACTIONS RELEASE 2 FEBRUARY 2021 AT 3:00 PMThe following notification is made according to Article 19 of the Market Abuse Regulation.ELISA OYJ - Managers' Transactions ____________...

ELISA MANAGERS' TRANSACTIONS RELEASE 2 FEBRUARY 2021 AT 3:00 PMThe following notification is made according to Article 19 of the Market Abuse Regulation.ELISA OYJ - Managers' Transactions ____________________________________________Person subject to the notification requirement Name: Mäenpää, Pasi Position: Other senior manager Issuer: ELISA OYJ LEI: 743700TU2S3DXWGU7H32Notification type: INITIAL NOTIFICATION Reference number: 743700TU2S3DXWGU7H32_20210202140243_4 ____________________________________________Transaction date: 2021-02-02 Venue not applicable Instrument type: SHARE ISIN: FI0009007884 Nature of the transaction: RECEIPT OF A SHARE-BASED INCENTIVE OR REMUNERATION Transaction details (1): Volume: 3,415 Unit price:  EUR 0Aggregated transactions (1): Volume: 3,415 Volume weighted average price:  EUR 0 Elisa's Management holdings: <a href="https://elisa.com/corporate/governance/management-holdings/">https://elisa.com/corporate/governance/management-holdings/</a> ELISA CORPORATIONVesa Sahivirta  IR Director tel. +358 50 520 5555Distribution:Nasdaq Helsinki  Principal media  elisa.com