Professional
Added to YB: 2024-06-07
Pitch date: 2024-06-03
BICO.ST [bullish]
BICO Group AB (publ)
-58.77%
current return
Author Info
No bio for this author
Company Info
BICO Group AB (publ) operates as a bioconvergence company in North America, Europe, Asia, and internationally.
Market Cap
SEK 3.2B
Pitch Price
SEK 44.56
Price Target
N/A
Dividend
N/A
EV/EBITDA
31.26
P/E
-1.92
EV/Sales
1.81
Sector
Life Sciences Tools and Services
Category
turnaround
Protean Funds Portfolio Holding: BICO Group AB
BICO.ST: Swedish MedTech co made expensive acquisitions using aggressive rev recognition to inflate shares. Strategy failed, price crashed, founders left. But acquired cos have value & new serious mgmt brings hope. After weak Q deepened crash, we doubled down near lows. Risky but high potential return if turnaround succeeds.
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