Bryan Garnier - LMK GROUP (LMKG.ST) LMK GROUP: Still in a period of poor momentum with weak Q4 publication ahead | BUY | SEK99

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Bryan Garnier

Clement Genelot

LMK GROUP: Still in a period of poor momentum with weak Q4 publication ahead | BUY | SEK99

LMK GROUP - BUY | SEK99(+207%)
Still in a period of poor momentum with weak Q4 publication ahead

Growth at constant FX might be negative in Q4
Profitability still under pressure in Q4
Don’t expect any formal guidance for FY 2022
Poor momentum ahead until mid-2022, TP maintained at SEK99

What could trigger a faster than expected rerating?

18/01/2022 1 EN

Underlying

LMK GROUP

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Provider

Bryan Garnier

Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.

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Analysts

Clement Genelot

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Bryan Garnier

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LMK GROUP: Still in a period of poor momentum with weak Q4 publication ahead | BUY | SEK99

LMK GROUP: Sharp business deterioration leaves LMK in cash preservation mode | NEUTRAL vs. BUY | SEK21 VS. SEK57 (+74%)

LMK GROUP: 2023 can still be saved by revamped marketing, 2022 can no longer | BUY | SEK57 VS. SEK96 (+161%)

LMK GROUP: Disappointing Q1 on both sales and margin | BUY | SEK96

ONWARD: from brainGPT to ARC-BCI – fireside chat with the founders

Avantium: joint-development progress in textiles

Egetis: Article highlights Emcitate's broad efficacy in MCT8 deficiency

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