I've been following up one small company from Helsinki Stock Exchange (or NASDAQ OMX Helsinki).
This company is called Revenio Group. Let me introduce the company a little bit:
First, the financial part, Revenio has equity 0,23 euros/share, dividend 0,02 euros/share, share price is only 0,30 euros currently. The profit from 2008: 0,02 euros/share.
Second a very important aspect as well...
The management owns remarkable amount of the shares which is extremely good thing since the interest of management equals to the interest of average share holder.
Third, general information on the company.. It runs with niche strategy so it is working in many fields (contact center, manufacturing/designing led lights for gas stations etc. translation and so on. For further information: http://www.reveniogroup.fi/en
I don't recommend to buy it necessarily but this company is a worthwhile to be checked and followed especially because of the low stock price..
I wish you a good day!
Tuesday, July 28, 2009
Sunday, July 26, 2009
July 26th 2009
It has passed a long time since I updated my blog for the last time..
My project "Bachelor's thesis" is running well and I am basically happy for my life these days.
I've started to bicycle to lose a few kilos in the mean time to get to know a little bit more Vaasa. This is extremely beautiful city when you walk by the seashore. I love sea and ocean. I've spent most of my life close to sea so I have learned to love it.
The economic situation in Finland is still hard despite the fact that the unemployment rate declined a little from last month. The unemployment is still close to 10 %... If they get the exports running well we start seeing this number decline.. So, in this sense I am looking very much forward to the higher oil prices (Russia is a remarkable trading partner with Finland).
I've been walking around second hand shops and tried find some collectors items for reasonable prices.. I've found same. :) Perhpaps I will get a little company running along this sector. It will not a gold mine but still a few cents here and there is nice addition. :) To run a business is kind of hobby for me more than a serious money making machine. I find entrepreneurship and small businesses interesting.
But, step 1 is to find a stock of items to sell out and I am in this process currently. So, if you have something collectors items for sale, just let me know. ;)
My project "Bachelor's thesis" is running well and I am basically happy for my life these days.
I've started to bicycle to lose a few kilos in the mean time to get to know a little bit more Vaasa. This is extremely beautiful city when you walk by the seashore. I love sea and ocean. I've spent most of my life close to sea so I have learned to love it.
The economic situation in Finland is still hard despite the fact that the unemployment rate declined a little from last month. The unemployment is still close to 10 %... If they get the exports running well we start seeing this number decline.. So, in this sense I am looking very much forward to the higher oil prices (Russia is a remarkable trading partner with Finland).
I've been walking around second hand shops and tried find some collectors items for reasonable prices.. I've found same. :) Perhpaps I will get a little company running along this sector. It will not a gold mine but still a few cents here and there is nice addition. :) To run a business is kind of hobby for me more than a serious money making machine. I find entrepreneurship and small businesses interesting.
But, step 1 is to find a stock of items to sell out and I am in this process currently. So, if you have something collectors items for sale, just let me know. ;)
Monday, July 6, 2009
Economic Update
Seems that the bull rally that lasted from March until June has ended. This depression will not be easy for USA, the budget deficit and increasing foreign debt makes it impossible for USA to recover any time soon.
In Finland, we are seeing some good signs for recovery although this may not be the end of depression yet. The good sign that I want to point out is the surplus of balance of trade. However, it is remarkable smaller than a year ago, but definetely a good sign..
In Finland, we are seeing some good signs for recovery although this may not be the end of depression yet. The good sign that I want to point out is the surplus of balance of trade. However, it is remarkable smaller than a year ago, but definetely a good sign..
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