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Norwegian Hidden Gems

Sigbjørn Hovda

Analytical insights into undervalued Norwegian small-cap stocks listed on the Oslo Stock Exchange.

Platform
Substack
PricingFreemiumPublishesTwice weekly
Issues44SubscribersRead norwaystocks.substack.com

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Latest Issues

Recent posts by this newsletter. Browse the email archive.

Gullinbursti Dividend Portfolio – November 2025 Update

The Gullinbursti Dividend Portfolio returned +3.64% in November, driven by both capital appreciation and one of the heaviest income months since launch. For comparison, the OSEBX slipped slightly during November, moving from 1,611.80 to 1,6...

4 days ago
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Guest Post: Vend Marketplaces – It’s Payback Time

I’ve been following Nordic Edge’s work for a while, and the analysis below on Vend Marketplaces stood out to me when it was published after the Q3 report in late October. It covers the full simplification story at VEND.OL and highlights sev...

15 days ago
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NorAm Drilling: Monthly Dividends with Room to Grow

NorAm Drilling (NORAM.OL) is an unusual name in the Norwegian small-cap landscape. It pays dividends every single month, not quarterly or annually, and has now delivered 36 consecutive monthly payouts since its listing in October 2022. In t...

18 days ago
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Get Paid 2026: Who Still Yields When Oil Softens

With top yields approaching 30 %, Oslo’s oil producers prove that strong dividends endure even in a $60 oil world.

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Authors

The writers behind this newsletter.

  • Sigbjørn Hovda

    Investor with extensive experience in the Norwegian financial markets since 2002, specializing in small-cap stocks listed on the Oslo Stock Exchange. Professional background includes roles as a stockbroker and investor relations consultant.

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