OB:AFKIndustrials
Arendals Fossekompani (OB:AFK) Stock Premium Looks Exposed After Return To Loss
Arendals Fossekompani stock closed at NOK189 on the day of its Q2 report, with recent returns roughly flat over the past week and modestly positive over three months. The share price already reflects high expectations, yet the headline from the quarter is more sobering. Revenue held close to NOK884m, but the company swung to a quarterly loss with basic earnings per share of NOK0.26 and net income from ongoing operations of NOK14m in the red.
The real story investors are wrestling with is...