Vestas: Watching and Waiting Concerns

Keeping an eye on Vestas, but new accounting red flags and big warning from Siemens Energy.

Hypoport: Lots to Like

In this note we outline why Hypoport has a lot of potential, but not enough to make it to our buy list.

RS Group: High ROIC and Potential

Nice business with high ROIC, good cash flows, and growth potential; getting cheap on cyclical concerns.

Auto1 Group: Fieldwork Shows Incremental Negative

Fieldwork in Germany on Wirkaufendeinauto and Auto1 locations around Dusseldorf. Incrementally negative conclusion.

Deliveroo: Will It Deliver?

Keval Patel explores the potential implications of a Deliveroo IPO, detailing the consequences it could have on the market as well as other preliminary thoughts.

Nel: A Squeaky Pop?

We introduce Nel, a green hydrogen stock that we believe is overvalued and gives us some cause for concern.

Sage: Not So Great Expectations

Our extensive deep dive into Sage’s customer base and dated product suite concluded that the shares are at fair value today.