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SENASTE
The hangover from the pandemic continues to linger for Motion Display. But there are bright spots. With a well-documented effect on sales, a breakthrough order in Australia, progress in Europe, a potential redemptive order in the US and lower OPEX we see a good chance for management to turn the ship around. After some revisions to our model, we now find support for a fair value of SEK 1.6-1.9 (2.1 - 2.5) per share, in 12-24 months.
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