Avsnitt 557 - Alltid robotarnas fel

0:00Just what is it that you want to do? We want to be free. We want to be free to do what we want to do. And we want to get loaded. And we want to have a good time. And that's what we're going to do. We're going to have a good time. We're going to have a party. We'll be right back.

0:45and sit and handle in America and stir in index? No, my pulse didn't go up so much longer. The one went up a little for the week. Eutelsa came with an emission. One more. The other part of the other part of it. You had a little bit of people so that the action could go down. Yeah, exactly. But it was not that you had to get rid of it. It looks like that everyone has not yet to get rid of it. You have to get rid of it and they are worth anything. Yeah, I think it looks very interesting to buy now. Yeah, but really. I like to get emissions cases. Yeah. So now maybe it's dags. Then we'll talk about a little IPO.

1:16It's about to come a little bit in the market. Dahlia, the these torqued fruits. Today I had some telephone boss framery. It's more stuff on the way. Then it's been a little bitcoin oro with strategy which they call them. Sailor. We've had a little index on the vikt. We've had a little fund result. and so. It's been very tough. Do you want to talk about a little about how you think about next year? We can take a little December, January this is a special season. It's a lot of different and many different flows. You can always talk about how people have been doing this last November. Yes, exactly.

2:02Bonus that will be done. Bonus that will be done now. We'll go on.

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4:46Let's start with SUS, which we forgot to mention in the intro. Surgical Science, which came with one of the biggest cashmetskurs I've seen. It's a big company that's been a big deal. The company went down 70 % after opening because they have a loss of their own They do these operations and they can operate people like that They don't need to be like physically as a doctor It really feels like the future If you look at the SUS-kurs it feels like the future But then they had one of their partners, the partners, signed a contract that they could reinstallify their new robot. And now it came to come that they wouldn't.

5:37And the contract they lansered before was just a MOU. It looks like all these Kina-bolags.

5:48Atsitsforklaring and MOU, it's a little kallakor in the business. What are you going to do for? Yeah, but I handled a little sus, it was a whole galen handel You've never seen a company that went down 70 % They would have to lose 10-15 % of the amount This is a license, so it's a very high margin This was a big deal of the future So then it was a big deal of And then it was a big deal of I looked at some of the interviews As you saw some of the company What is it I'm buying, what do I'm doing with or for the other call, it went on 24 75 % down and then it went on 28 % so it was a whole deal with opening it felt like it was a margin call but then when you listen to VD, which is relatively new and the actuality has just gone down so when he said that he said that kortsiktigt is bad, longsiktigt so it's positive you know exactly how you can think and think but it has been a little inside of the company both from the styrelsen and from VD Kursen har studsat från 24 till 34 Så det var ju ett fantastiskt läge här på Kålen Vad säger du om surgical science?

6:58En forna darling Nej, jag har hållit mig borta I alla år, heller jag på att säga Du missade de här 2000 % på Uppsidan också? Ja, det är inte min medtech Och det är svårt Sen de senaste åren har jag tyckt att Om en price sale ser dyrt ut Och så vet man inte and then the technique goes so much forward. So I think it's always difficult. I have a lot of difficulty to set myself in the Meddek. I think it's difficult. The technique goes very quickly forward. And now we have AI. And then there are companies that have been working on for a few years and have tried to get out of their product. Now I don't talk about SUS.

7:39I'm talking about that. I think it's probably quite a lot of technology there. In the case with that they're going to get out of their product and that they will get a chance to hold on in 10 years so they will be off of the way because the technique goes so fast so there will be a competition from other ways to do it on and so on. I think that Biotech might also be disrupted that you have to have a 10-year-old molecule that they have to hold on with it will come a competition on how to take it how to take it to do it. And it has been one of the most the most of the most of the most of the most of the sectors we have had here in the Norden, because you have very high marginals and like when you're trying to get in.

8:21You can often be on the market, you have not so many concurrents, you have like... Yeah, but it's very difficult. ...but it's very difficult. But it's hard to get to see what happens in other parts of the world, all of how the competition looks. So you have to hang up on such a deal with big players, because then you know that they have in all the way scammed market. Yeah. Intuitive, I think you're saying, the kund has gone fantastic on the market. And it's not so hard to understand that robot-operationer will be a part of the future. No, it's how big it is. And it's the future. And it's in a certain way here.

9:00You can see more than Optimus-robot that will be a part of the future. And it's a positive thing. but so in such a tech so it's very important which they will get as an partner or where they will come in and get with and when you're going to a so then then the question is going to be if they have found something they should go in-house it was very like the can be you have you have you have you have you have you have you have you have a big and then you have you have you have you have you have you have you have you have come in-house so They had a job before on their old robot, so it was a good job.

9:39But now it would really take a part here. The special thing here, due to the price of 60-70%, is that they had very much in cash. So it didn't have an emissions risk. It would be the big thing, that it would go down. So, the company was going to take off cash 4-5, 6 times in the winst. It was not really that they could be able to predict what next year's result will be. But the company was super-billig With a super-rabatt On management and trust And now they have a capital market In December, so I bought this And then it was a little bit Just in the beginning, the next day I was out with a vinst, but it could have been much better Then came the Insight-go in the last year Today was it a little bit But it was a little bit It was a little bit of a sales Yeah, exactly So they will be able to set 1-1 ,5 billion Next year now they will come with new goals on the capital market and the price was about 900 million if you were able to take off cash when I looked at it under the day or I got a servet-calcul but yeah I had a whole lot of money and some of them just felt like it was just a little bit I don't want to be more when the lead has been a little svagy on the græns and they were like chocked that we could have to motpartner av sig att de bryter det här avtalet eller säger upp samarbetet.

11:08Men de påstår ju då att det andra samarbetet skulle utvecklas mer. Man har inte riktigt hela bilden här och det kändes knappt som att bolaget hade det heller. Man får ju lyssna in på kapitalmarknaden. Och sen finns det väl en bakgrund som står att aktiekursen har inte gått bra på länge. Nej, den åkte ur MCI. Vi ska prata lite om index och vittningar. Den har ju liksom tuggat ner och jag tror att jag har varit närmare och närmare att investerare tar stoppen. And then it became the last drop. So, yeah, it was really tough for the owners. It was 30 % of the company that went. So it was going to be super interesting in holdings.

11:45And to check what it has come in for new traders. Are it just traders like you and I? Or are it coming in from new real estate? And who were they who took stop? And what's happening right now. It's like a lot of capital markets. day. On the way we go to the next so we have Delia or Delia, a British company. We talked a little about this before. Alla go to eat some kind of mango now. Torkad fruit, even if it's a mule, so it's a bit like a bit like a bit, but not what do you call it? It's a bit like a bit like a new product. It's a new product. They have just got a new product again. So it's a bit like a week on Ica and over all that all go around and eat mango.

12:25And it's a company that has not been in I Norge, it came in on 135 Kronor, it was like Lockup, it's very thin Overtecknad, it opened 150 160, then you just Wrecked in the market instead of buying The stuff on pressbyrån for 40 spänn For 100 gram, it's a lot of gold And very good And it's got to happen And it's got to have found It's the Dave & Jones That's who did Dadlar It's also been a niche that no one has set in Smaksatt pulver på det, det finns lakritschokladamöl. De har ju sålt och gjort megasuccé. Det här känns som en fortsättning på det här. Och nu står kursen, nu kom det med en rapport.

13:08Bolaget handlas, vinsten gick upp 300%, omsättningen 100%, superskalbart. Nu är kursen 350, nock. Så det är lätt att sitta i podden här och säga ja, vad bra företag. Men det man ska tänka här är väl snarare det här med IPO-er. Oavsett what price it is. It can be a super place, even if it goes up 30 % on IPO-day. It's lockups, it's a little free flow, it can be a lot of money. It's still under-analyserat, something that's very much. It's still a 10-15 times in the past report. And then they say that it's in the production capacity. They don't have enough to double it. So... I haven't handled anything I've been doing it from the side Now I'm talking a little because it's coming up so much But I'm just going to thank you all That's who saw the opportunity Now it's a bit of a play here I saw I go at Ica, it was a new one Dave & Jones, Premium Snacks So it's from it It's just that it's impossible to hold The market and the high price For it's just a bit of a dyrt On the other side So they've never started that it's Europe, it's Sweden

14:28I understand it I don't really know but have you smelled it? I think it's super good and you saw that Ica this is in Cambodia and they're good at their mangoes and the other is good as well so they should have a premium variant I have to see that they've tried to get it it's like it's been sprut and torqued it's a bit of a lot of sugar All the time it was not done First time you had to buy the one So you just had to buy the one And then you had to buy 100 % But instead you just bought the one And then you just started to buy it That you just bought it Snart when it goes up for much But it's worth to remember Always look at what you buy What is it that's not done And today it was a framer in Finland Where they were not done And it was a telephone call All the people sitting in teams Den kom in på 8 euro.

15:22Jag har sett att det handlar lite idag. Den var uppe i nästan 9 euro. Ingen supersuccé. Men också växte snabbt. Tjänade pengar. Det blir som de här spin-offen. Ingen får tilldelning. Då måste man ju köpa på sig nu. Då kan det ske väldigt intressanta rörelser här. Första dagarna. Eller är det nu man ska ta position innan den kommer in i en massa index och folk börjar hitta det här bolaget. Now it would come a new forsvars company WeSport, it's cool that it started to happen a little on M &A and IPO market It's been totally stendett It's not AI that it's been done It's also Arctic Falls which is the of Staffan Persons, the ones who test the bilar up in Norrland, it's been stekhett, it was Protean and Brose was well like that It's cool that it happened lite i IPO-marknaden.

16:18Det är alltid roligt första dagen när det handlas. Man får en gratis lunch och sen får man köra in en gratis middag, eller lite mer i handeln istället. Ja, ska vi hoppa till E-U-E-T-E-L-SAT. Hur uttalar du det? E-U-T-E-L-SAT. Exakt. Det är satellitbolaget som jag äger, som jag har pratat om i podden. De gjorde ju en stor emision. Först en emision på 828 miljoner euro to the French state and Storbritannien, and some other infrastructure, and so on. On 4 euro, and then it was 600 to, they would take in total 1 ,5 billion euro. De 600 took them in via a new mission. And then they were on 1 ,35, so the aktien started to go down and then it went down quite a bit.

17:07And it was the day that the right thing went X. So that it was especially from the aktien. So then it came down from 3 to 2 ,30 first I think that the theoretical value on the techies was 70 cent And it took a lot of time to crash But you get to you get to you get to do it that you get to do it I sold my because it was very clear if you can write depending on what firm you can So I sold my and bought the market instead because they were like a par. If I read it on Placera it looks like it's Avanza. If I read it right, it can be a wrong. I would sell all of my clients so they would be a French-American to sign the emission.

17:57Then it's a perfect place. The trades I love you. When it's an artificial, effective try on the market because of the right to all of them to sign the right to sign. It's not that you can sign. Then it's coming down all over a lot. and then it's in the room and a very hot topic. Yes, exactly.

18:18I have not been with any new emotion in France. You can walk in with a book. You can walk in with a technical scene. I'm sure it's safe for a safe. I sold my rights and bought it in the act and I got it on a par. With that it's meant that that the rights are worth plus the technical course that it will be the same thing as to make it. That you can use your rights to make it. and if you can do it then it's just a bit to buy a stock instead yeah, the stock will be to be able to handle on Friday, the last day was the 9th of December so it's probably now until the 9th of December it should be the this fictive trycket on the stock can I think yeah, exactly then we'll see if it will be it because it's a little different than this time all the emissions are different but here there are very very strong starka tagare rent av governments alltså stater så vi får se hur och handlas den i två år 1 ,35 i teckningskursen den kommer ju bli det kommer bli kraftigt precis och staterna de har ju dels tagit i den här riktade på 4 och sen tecknar de ju sin prorata del i nyemissionen på 1 ,35 så när jag har räknat på det så blir väl around 2 ,50 hamnar man väl i teoretisk aktiekurs efteråt.

19:40Så man får ju se om det här blir ett nytt Telia då, där staten är inne och harvar eller om det är liksom att staten har att snarare att de kommer ge dem massa fina kontrakt nu när de äger i bolaget. Det kommer de ju få. Franska militären har ju redan gav ju här sen sommaren en miljard euro i order. Och sen lär det komma fler. Och sen EU har ju det här Iris-programmet. Och det kommer nu, var det Iris eller något annat where you should be 20 billion euros or something on the rim. Yes, exactly. That was on the side of it. So this is a headspace. You have very strong and strong hands in the form of the French state and the Storbritannian.

20:20So I see it somewhere. The company will not have problems with paying money. But you have a sense that it is the rim. That it will be a European SpaceX. And then the value is low if it's European SpaceX. Very. But it's not even Elon Musk that's good at pump up things. No. But it's probably many of the contract that's in there. And you might want to make it a little bit of both China and the USA. When you buy these things. But it's it's the whole take. Or my take in at all. But here from it's a little bit of a side. I'm trying to look at the side of the side. and the nesidan is just 0 yes, and even it I don't know if the fransk state must go to a konkurs and and English the kingdom so I think that it is that it is why I have been in the act before it is a good asymmetry you are good at finding them a little for a while, it was the Spaxe with the Sol-Bolag and the greys, it went up more than 100%, but before that it went down 50-70 % Exactly Now it's not a hotel I've seen it on a little I've seen it on a 50 % You've got the right That's worth it So long you can sell them It's very important They don't go to use it No, you can sell them And you can't sell them via Ring in your bank Ring in to the company and sell them Or they should do it again So it's the update And then we'll see.

22:03It's nice that this is not a long long bank. It's clear on Friday. Yes, exactly. Then I'm going to handle it. And I think it's the 9th December. So everything is clear. Yes, exactly. So it's nice. Otherwise you can keep on very long. I would like to write a little without a loan. Yes, exactly. If you want to write a loan. I'll hear of you. Yes. We'll see you next time. Bitcoin and Strategy. They've bought very much Bitcoin for the whole of their kassas. I like the whole nav for all this treasury That you buy Bitcoin for the cash Now it has come out a lot of analysis It's what I've talked about has become a spin That they should go to MCI Bitcoin has come down It's not Sailor's who is a leader It's not anything else He was out with a pod and said That in theory, we can sell Bitcoin Yeah, it's smart It was not a good comment If it's under its value, it's going to sell Bitcoin and buy it But then it's going to be the whole Affärsmodellen Nej det gör den inte Det ska ju finnas en affärsmodell åt båda hållen Att du ska ju trycka aktier och hannas i premium Och köpa aktien och sälja bitcoin Fram och tillbaka Men det blir väl ett sentimentsgrej Om den största hasan av alla börjar sälja bitcoin Då blir det ju stökigare Ja Och dit har vi inte kommit än För att köpa sin egen aktie Men frågan är ju vem köper Nej och det här bolaget är ju extremt komplicerat They had a five-tal instrument with different utilities.

23:31So now they have new markets to create a USD-kass for their own resources. And before he said that we will get these money and we can just tell them. So now when Bitcoin comes down, it has not really been... Riktigt so. And he is the only one that has driven this company before. It went up 10 000%, it went down 99 % and then went under IT-eran. And now it went up again 10 000%. So he's a good one. Under IT-eran fake he's in Kvartalsrapport. So he's got a deal for not to sit in. So it's a scammer. Some say that it went well. But when it started to go, it was first then he started fake. And Kvartalsrapport.

24:16It's like, yeah, but then so. It looks like a Swedish company.

24:24Are you like to crypto? I look at Bitmine which has a lot of money to Etrum with Tom Lee, which is known and if you're positive to Etrum, then you're a company like a sentiment indicator and a half-stown product. So if Etrum is going up a lot, then you're Bitmine, if it's 10 % of all Etrum should you buy. Then you're going up a lot. And like strategy, now you're going down a lot. jättemycket, så skulle bitcoin väl vända, då är det klart strategy kommer gå upp massa. Ja, nu senaste sättningen är väl lite på, ja det finns en annan take också, men det är väl lite på att strategy var nere och folk är oroliga att den dagen den går under NAV, vad händer då?

25:07Då kommer ju blankarna flockas och trycka ner den under NAV, så man behöver knappt ställa den frågan. Ja, sen finns det andra orosmoment och det är ju att det snackas lite om Japan och carrytraden igen. It bubblar Lite där Trump väljer Hassett Som är då På prediction markets och polymarkets så är han Stor favorit på att bli nästa Fed-chef Och han är ju En konservativ ekonom Han är väldigt inne på Administrationen I Vita Husets linje Räntan är för hög Räntan är för hög Run it hot som man säger Nu vet vi inte hur het americansk economy is. We don't have any data anymore. And the data we get is for two months later.

25:55And that will not be able to do it until January or February, I think, before we get real data that will be the last month. But with that said, if he will be able to make rent and do it that Besant and Trump have told us that they will, it means that dollar will be more. And then there were articles that they would have to do up the dollar. That they would have to take back the dollar regime. Yeah, we'll see. I know, it depends on. But as it is said, Hitties and with Hassett as a Fed-chef, now he's probably listening very much on administration. So he follows well after that.

26:41But in theory, so dolar down. And then you're worried about a carry trade. and it means that Japan has already loaned again and bought outländska and if it's a reverse, because Japan has inflation now they have to pay off again and their rents ticked up then it's not like a lot to do the carry trade that you can loan again for other countries and tydligen is it that Japan has done it with crypto and bitcoin It looks risk-free No But they are risk So it can also be a forklaring I don't know strategy but strategy maybe also inger there that many have made a carry trade You can go again and buy strategy Yeah but via the you can't buy fysisk bitcoin but you can go again and buy strategy I think the biggest treasure is Metaplanet in Japan With that said So if you have to deal with strategy Then you have to deal with it It's a little bit It's a sentiment So it doesn't go in To look at any Fundament No Then okay If you have to deal with Your bitcoin Then you can start To fund To spread But it's credit to Citron That's why The spread When it was 40-50 % And became so honored And became total honored He's a fat cat now He's a little bit Ja, men det var väl av andra skäl Sen hade vi lite indexomviktningar i fredags Det var en av få kolar Jag inte satt då För det här har ju helt tröttat ut sig Det brukar vara totalfrontat Men här blev det helt wacko Det var ju SBX och sen var det ju en massa andra Indexomviktningar Så det var väldigt mycket grejer som stängde 7 % åt fel håll Och till exempel Noba, en stor notering Och VeryShore hade liksom oändliga köpare och här blir det väl så att när stora bolag noteras, de ska in i väldigt mycket fonder, då finns det liksom inte tillräckligt material att sälja.

28:50Det känns ju helt koko, men 7 % upp så stod det jättestora köpsidor som inte blev fyllda. Och andra hållet så satte man ner massa aktier. Så här skulle man verkligen varit på hugget. Det fanns en del gratismackor. Vissa grejer har inte reverserat sig, men det känns som att de här indexmonstren har blivit bara Sturre och större Här var ju SUS med De åkte ur de hos MCI förra veckan Inte i fredags då men innan Och det är ju det värsta som finns Man går dåligt Retail säljer Och till slut kommer indexkillarna Det brukar ju sätta någon superbotten här Ja, här ska man verkligen vara på hugget Och titta om det fanns Några intressanta lägen Jag såg de satte ner Norion som jag handlat lite De satte ner EG7 If you have a company that is always a big deal, then it's often index and viktningar.

29:43Otherwise it's never something that's weird. No, something else that we mentioned in the podcast was Innovo Nordisk. It was down 10 % when we played in the last week on the Alzheimer's study that didn't go well. We talked about it then. I was long. I'm out now. Because it was 10 % on two days. and if you do 10 % of a company in two days then I tend to sell it out and take a winst but I have eyes on it it was almost two weeks ago they had been on with Alzheimer's it was very much it was a good study about the diabetes 2 Yeah, exactly. ...som gjorde att den kom tillbaka hela nedgången. Så det var en kul trade man gjorde förra veckan.

30:35Ja, så nu är det inte lång. Det är kul att göra 10 % i sådana stora bolag. Nu är det inte lång längre. Nej, nu är det inte lång längre. Nu tar du bara preparatet. Jag tänker att den får gå lite kräftgång här innan man ger sig på den igen. Ja. Men varför jag tittar på den är för att jag tycker att den är intressant. Många ser liksom ingen ljusning. Hon ser prispress, etc, etc. Konkurrens. L.A. Lilly came igår with that they sänkte priserna on Lily Direct and it did you know for the week so it's gonna be a price-krig there but for the mindre players it's very hard to concur with the people who have logistics and everything I don't know but if we go we cost 150 spänn and a copy Pia kostar 220.

31:25Då väljer man väl att begå vi, tänker jag med. Ja, och sen så har jag tittat lite på fonder. Jag såg olika småbolagsfonder har gått extremt dåligt här augusti, september, oktober, november. De tre senaste september, oktober, november. Och man själv tycker att det har gått lite tufft kanske i vissa innehav. so say a lot about how bad we have it. First North has a little bit here the last week. Maybe in the same way with index-over - but it's still extremely tough there. You see true callers, all these things. All these companies are extremely tough. So it can be a little of this new-year-old. That skit just goes out.

32:11I saw Bicco now where Sartorius started to sell. My other things are going to happen here and people will go out to this in the year's scale. So I think it can be very interesting in the future I think it's most I just look at value cases. Have you some examples? I sat and learned on Rio Tinto I guess.

32:35It's probably the world's biggest mining company. The biggest or the biggest but if you look at the multiple when it's been a deal. And I'm going to talk to the trend. You talk first North. I'm talking about the world's biggest biggest company. But you can look at other things. BASF I think it's super cheap. I Tyskland. I don't know what it is up to the year. 2%. Daxen is up. 20%. The laggar. If you have a Vapenbilar with Ryssland or energy that it's a little on the front of their marginals You're a new brose here it's Rio Tinto, BASEF it's not these sexier krydder I think that okay Google leder now AI-race they have even their own chip Nvidia so like the whole AI you can't get it on AI You can't hold on how much money that you actually need to allocate to that if the bubble is out or it's a lot of sprickering or if it's a lot of money or if the sector starts to go down or if the Nvidia's monopolist's if it's a lot of money then it's going to be so much money it's the world's biggest and where do they if it starts to blow?