Late Snack fra HC Andersen Capital

Welcome Snackers, today’s snack will cover the market developments of Risk Intelligence A/S, Digizuite and Hypefactors.

Today’s Market Movements

Denmark:
OMX:C25 (-1.68%)

Sweden:
OMX:S30 (-1.03%)

Norway:
OBX:OSL (-0.15%)

S&P 500 (-0.16%)

Nasdaq (-0.52%)

The was a negative mood in European markets today ahead of Germany’s election set for Sunday. Angela Merkel will be leaving the role of Chancellor after nearly 16 years in the role. With the outcome of the election uncertain, the likely outcome will be a coalition. The election will signal a new era of leadership for Germany. Elsewhere China expanded its crackdown on cryptocurrencies today banning its people from trading on foreign crypto platforms. This builds on the ban of domestic platforms already in place. The Chinese central bank is expected to unveil an official digital renminbi in 2022 with a trial run set for the Winter Olympics.

Today’s snacks

Risk Intelligence A/S today gained 4.2% after it announced an increase of 6% to its ARR for its Risk Intelligence system in September. The company announced ARR has increased 6% by DKK 0.85m, of which DKK 0.65m is from existing customers. Given Risk Intelligence’s low churn rate this ARR increase has an estimated lifetime value of DKK 8m. ARR is now expected. Read more here: https://lnkd.in/dtDFadkR

Digizuite today gained 3.2% after announcing a new customer. Its new partnership with Ascom, a Swiss based healthcare ICT and mobile workflow solutions provider. Ascom is listed on the Swiss stock market and operates in 18 countries.

Hypefactors gained a further 15.3% today building on yesterday’s momentum which was ignited by the announcement of an insider purchase of CEO Casper Janns. On Tuesday he bought 20,000 shares corresponding to approx. DKK 100,000.

In Today’s Aktier Med Friis episode Michael Friis, Kasper Lihn and Bo Overvad discussed the hot topics of this week’s markets. Bo Overvad gave his take on the Evergrande crisis where he explained his belief that China’s largest property developer will be split up. Michael and Kasper then went on to discuss the market activity of cBrain, NKT ASETEK, Samesystem and Valuer. Catch up on the event here: https://lnkd.in/d5kCJeGx

Disclaimer: HC Andersen Capital receives payment from the companies for a #DigitalIR agreement.

Author: Philip Coombes