Norwegian Hidden Gems

Norwegian Hidden Gems

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Norwegian Hidden Gems
Norwegian Hidden Gems
Trade Alert – Buying Sentia (SNTIA.OL) at NOK 57.19
Dividend Portfolio

Trade Alert – Buying Sentia (SNTIA.OL) at NOK 57.19

A High-Yield Play on Nordic Infrastructure and Public Sector Stability

Sigbjørn Hovda's avatar
Sigbjørn Hovda
Jun 13, 2025
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Norwegian Hidden Gems
Norwegian Hidden Gems
Trade Alert – Buying Sentia (SNTIA.OL) at NOK 57.19
5
1
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Following recent cash inflows of NOK 57,447 in dividends and a realised gain of NOK 53,877 from the Pexip sale, we’re putting some of that capital to work in the Gullinbursti Dividend Portfolio.

We’re initiating a position in Sentia at NOK 57.19.

At this entry point, we estimate a dividend yield of ~7%, which looks attractive compared to listed peers like Veidekke (VEI.OL) and AF Gruppen (AFG.OL).

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Why we're buying:

  • Strong backlog of NOK 16.1 billion, with a large share to be realised in 2025.

  • ~80% of revenue from repeat customers – a clear sign of quality and trust.

  • 68% of 2024 revenue from the public sector – lower cyclicality, longer project horizons.

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