Ilkka: Throwing good money after bad (and a mega media merger blunder?)

Ilkka, a regional news paper and big owner of publicly listed multimedia and marketplace business, Alma, sold 13,5 m. shares of the Alma stake @ 7,4 EUR last Friday. Before the transaction, Alma’s share price was 6,2 EUR, so the transaction was conducted at nice premium. That was a good thing, but pretty much the …

Millet Innovation (and self rant on value/tech investing controversy)

Quick administrative thoughts In my last week's portfolio update I promised to do a writeup on Millet Innovation, a French light orthopedic company, to get back on reading and writing routine after having complained about my big cash position and lack of new investment ideas for quite some time. The public promise to come up …