Mangold publishes analysis and investment case of Scandinavian Enviro Systems
In a commissioned analysis, Mangold has started monitoring Scandinavian Enviro Systems with the recommendation Buy and a target price of SEK 1.50.
The analysis is based on the estimation that close to three recycling plants with Enviro’s technology will be completed within five years, with a close to 50 percent ownership by Enviro, and that the plants are financed largely by loans.
Read the full analysis here (in Swedish)