Analytical insights into undervalued Norwegian small-cap stocks listed on the Oslo Stock Exchange.
| Platform |  | Pricing | Freemium | Publishes | Twice weekly |
|---|---|---|---|---|---|
| Issues | 85 | Founded | 2 years ago | Last Issue | 5 days ago |
| Active | |||||
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norwaystocks.substack.comLatest Issues
Trade Alert: Selling OKEA at NOK 50
The deep-value thesis has largely played out – we are taking the gain and raising cash
We are selling our OKEA position at NOK 50.
Gullinbursti Dividend Portfolio – October 2026 Update
October was Gullinbursti’s strongest month since launch.
The portfolio gained 10.35%, including cash, compared with 3.36% for OSEBX, Norway’s benchmark equity index. The invested holdings returned 11.79%.
In September’s update, we highlig...
Tomra: The Next Growth Cycle at a Fraction of the Old Valuation
The UK could deliver Tomra's biggest new-market opportunity since Germany. Another German replacement cycle is beginning, Spain could follow – and the wider business has substantial recovery potential
Tomra briefly surged more than 11% on...
Put this case on your radar before Oslo opens
An unusual acquisition structure could give smaller shareholders an edge – and tomorrow’s trading may offer a better entry.
Tomorrow’s trading could offer a more attractive entry into an unusual acquisition arbitrage.
Five Reasons DNO Looks Like a Strong Buy Ahead of Q3
Strong physical oil prices, a much larger gas business and returning Kurdistan barrels strengthen the case for higher dividends.
DNO produced record revenue in Q2 while its Kurdistan business generated no oil sales. That is a useful starti...
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Authors
The writers behind this newsletter.
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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