
Analytical insights into undervalued Norwegian small-cap stocks listed on the Oslo Stock Exchange.
| Platform | Pricing | Freemium | Publishes | Twice weekly | |
|---|---|---|---|---|---|
| Issues | 70 | Founded | a year ago | Last Issue | 5 days ago |
| Active | |||||

May was the first genuinely difficult month for Gullinbursti. The portfolio declined -5.94%, compared with -0.91% for the OSEBX, making it the weakest month since inception in late April 2025.
The drawdown came after a period of strong out...
A high-yield offshore cash flow story where the seller overhang just turned from risk to catalyst
We are adding SED Energy Holdings (ENH.OL) to the Gullinbursti Dividend Portfolio at NOK 8.30.
A tiny maritime problem with very large economic consequences.
The market has spent the past few months looking at the Strait of Hormuz through the obvious lenses.
April was a quieter month after March’s record performance, but still an important one for Gullinbursti. The portfolio gained +0.81%, while the OSEBX declined -2.39%. After a full year, Gullinbursti has now delivered positive performance in...
A beaten-down early-cycle name with catalysts ahead
When we wrote about TGS in late September last year, the setup was clear.
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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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