Reletter
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Treasure Hunting

Sebastian Krog
Hundreds of paid subscribers

Researching overlooked and undervalued Microcaps

Platform
Substack
PricingFreemiumPublishesWeekly
Issues94Founded4 years agoLast Issue10 days ago
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treasure-hunting.co
Artwork for Treasure Hunting

Latest Issues

Q1 Earnings Update - Part II

Profits, pipelines, and a post-mortem

This post concludes the Q1 earnings season. Today we are looking at the earnings from Sanara MedTech (SMTI), Frontera Energy (FEC:TO), Leatt (LEAT), one undisclosed name and one post-mortem analysis.

10 days ago
7
Paid

Q1 Earnings Updates - Part I

Updates on ACNT, CPH.TO and many more

Q1 earnings season is already underway, and with five portfolio companies that have already reported, it is time for an update.

17 days ago
11
Paid

Portfolio Update: April 2026

Nicely chugging along

April saw the best month in the stock market since the Covid rebound. The S&P 500 gained over 10%. On the sector side, it was a reversal from Q1, with Tech stocks leading the rally, while energy-related names were rou...

24 days ago
14
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Quick and timely idea: Positioned for a sale

Strategic Alts announced, offer on the table

I will keep this one short, here are the quirks:

a month ago
11
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30% Levered FCF Yield but Bad Balance Sheet, Bad Business?

A closer look reveals a hidden oligopoly and a faster path to deleverage than the market thinks

Most investors hear “commodity business” and stop reading. That’s the mistake here.

a month ago
16
Paid

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  • Sebastian Krog

    I share everything I learn and discover in the world of Microcaps. I post twice a month about interesting, obscure companies.

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