Investment Thesis: Incap
Newsletter nº7
Introduction
In today's newsletter we bring you the first investment thesis that we published in this substack but translated into English. Preparing this thesis has been a very interesting and enriching exercise, since I had never before written to this level of detail about a company. Before anything else:
DISCLAIMER: This article should not be considered as a recommendation to buy or sell any type of financial asset. Any action or decision you take as a result of viewing this article is solely your responsibility. Each person has to carry out their own analysis before making any type of decision on the purchase or sale of financial assets.
Ok, let's go. The company that we are going to talk about today is a company that hardly attracts attention in the fintwit community. It is not a fashionable growth company (although they are not so fashionable anymore), it is not a dividend aristocrat, nor is it a commodity company. It's nothing like that. Today we are going to talk about Incap ($ICP1V). It is a Finnish company that capitalizes 500 million euros and delivers EMS (Electronic Manufacturing Services). At first glance you stay the same, it does not attract attention, you do not see it in Youtube videos or in Twitter threads.
To be honest, I admit that I found this company by pulling the Investing.com stock screener, looking for good opportunities in the Nordic markets, I found it. I am neither an electronics expert nor did I know the sector before, which has even more merit.