Professional
Added to YB: 2025-08-26
Pitch date: 2025-06-30
TRE.OL [neutral]
Treasure ASA
+40.86%
current return
Author Info
No bio for this author
Company Info
Treasure ASA, through its 11% interest in Hyundai Glovis Co. Ltd., provides transportation and logistics services in South Korea.
Market Cap
NOK 730.6M
Pitch Price
NOK 28.04
Price Target
N/A
Dividend
1.92%
EV/EBITDA
N/A
P/E
6.76
EV/Sales
1.8K
Sector
Air Freight and Logistics
Category
special_situation
Palm Harbour Capital Portfolio Holding: Treasure ASA
TRE.OL (holding update): Norwegian investment vehicle holding only Hyundai Glovis, trading as less liquid proxy. -10.4% performance (-25 bps). Wilhelmsen made lowball tender offer in June 2023; we complained to board. Since then, +50% appreciation + NOK2.1/share dividend. Short-term volatility only reason for detractor status.
Read full article (1 min)