Early signs of an easing bond market, depth is uncertain. Property values are coming down more than previously expected.Shares up, estimates down, two downgrades.
Another quarter with write-downs and FX losses. Only 25% of IFPM is filtering through to ordinary shareholders. The Brookfield liquidity is a clear positive. HOLD, TP SEK 4.
In our 29 September Crude Quarterly report, we update our oil and gas price assumptions for our covered E&Ps. See the report for more details on our new oil market estimates and our updated price assumptions.