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

Rapala VMC is a company focused on sport fishing products. The sale of fishing equipment takes place through the company’s distribution network and includes several brands. The product range includes lures as well as related gear such as rods, reels, hooks, and fishing knives. The company operateCorporations globally, with its largest markets in Europe and North America. The company’s headquarters is located in Helsinki, Finland

Great, and thank you for looking for positive signs. I myself am also of the opinion that we shouldn’t make classic Neste moves with this now. I believe in something better. Consumers might also perk up, at least in the Nordic countries, if peace is achieved in Europe. I believe that cyclical consumption and trade will benefit.

Positively, in the US, cold weather has arrived, bringing the ice fishing season earlier than last year. This is also clearly visible, for example, in Google Trends searches compared to the previous season.  Link: Google Trends, search area United States, search term Ice Fishing https://trends.google.com/trends/explore?date=today%205-y%26geo=US%26q=ice%20fishing%26hl=fi

As Rapala updates its strategy, we may see if my growth expectations are too conservative compared to the company’s goals. However, in my opinion, pursuing growth should not be a priority; instead, attention should be focused on profitability and strengthening the balance sheet. Rapala can certainly achieve growth if it wishes by expanding the Rapala brand into new product categories, increasing sales of third-party products, and expanding its own distribution. However, in my opinion, focusing attention on the most profitable markets and categories would be justified. Historically, the impact of strong growth on profitability does not seem particularly flattering, which, in my opinion, supports focusing on the quality of revenue.

In 3 years, revenue is forecast to grow by less than 8%. A bit of Vilppo would be welcome                    Inderes              Odotuksia alas ennen torstain H1-raporttia - Inderes    Olemme laskeneet Rapalan ennusteitamme selvästi yhtiön annettua kesäkuun lopussa tulosvaroituksen, jota kommentoimme täällä. Lyhyen ajan tulospohjainen arvostuskuva on edelleen korkea ja pidemp...

And here is a new company report on Rapala from Thomas.  We have taken into account Rapala’s balance sheet refinancing and made slight adjustments to our operational forecasts. The updated financing agreement removed the short-term liquidity risk of the share and lowered the cost of financing, but the utilization of a hybrid loan as part of the new financing package lowered our earnings forecasts for the coming years. We reiterate our reduce recommendation and revise our target price to 1.3 euros (previously 1.4 euros).                   Inderes              Rapala: Lähivuosien suuntaviivat alkavat muodostua - Inderes    Olemme huomioineet Rapalan taseen uudelleenrahoituksen ja tehneet lievää hienosäätöä operatiivisiin ennusteisiimme.

If you wear a bit of a tinfoil hat, this also alleviates the fear that a “Cityconit” move would have been made with Rapala.   Share price at an all-time low and valuation at a joke level. Then the main owner buys it out from the stock exchange.  Now that the group is increasing transparency and taking on costs and trouble, it sounds like the main owner is interested in the company’s stock market journey

Investors’ wishes have clearly been heard! Presumably, the business reviews will be slightly lighter than the H1 report and the financial statements release, but this will in any case nicely break the information vacuum, which has sometimes been too long from the investors’ perspective. It remains to be seen how difficult it will be to forecast Rapala’s quarters initially, as no comparative figures are available.

Rapala VMC

We have grown slightly more confident that, in the hands of new management, the execution of Rapala’s strategy will start to bear fruit and the EBIT margin may return closer to the company’s...

<p>We have grown slightly more confident that, in the hands of new management, the execution of Rapala’s strategy will start to bear fruit and the EBIT margin may return closer to the company’s historical levels and the levels of its competitors. Extracting the latent potential of the brands will take more time, even in a good scenario, but the markets are currently not really pricing in the improvement of profit performance and we believe that the return/risk ratio is now in slightly positive territory. </p> 

	2019	20e	21e
Revenue	275.4	239.3	249.1
growth-%	5.0 %	-13.1 %	4.1 %
EBIT (adj.)	17.9	5.6	14.5
EBIT-% (adj.)	6.5 %	2.3 %	5.8 %
EPS (adj.)	0.21	-0.07	0.20
Dividend	0.00	0.00	0.10
Dividend %	0.0 %	0.0 %	8.0 %
P/E (adj.)	13.1	neg.	6.2
EV/EBITDA	7.8	10.5	5.5

Patience may yet be rewarded with a great catch

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Key Estimate Figures01.10.2020

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