contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  tags {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


neste-corporation-managers-transactions-viertola-receipt-of-a-share-based-incentive

__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

Neste produces transport fuel and renewable fuels. Today, the largest operations and extraction are held in the Nordic market, where the company is active in the entire value chain, from extraction to delivery to port depots. In addition, the opportunity is given for direct sales where customers can pick up fuel at selected stations. The largest market is in the Nordic region, and the company is headquartered in Espoo, Finland.

It’s probably difficult to calculate, but OP raised Neste’s target price to 27 euros.

Malinen admitted in the interview that he is not fully aware of everything, which I think is quite commendable for a CEO. It would be dangerous if he pretended to know. In my opinion, this also explains why Malinen did not buy the company, even though some considered it clearly undervalued. I quite fortunately doubled my position at the decade’s lowest price, under 7 euros, on April 9th, because I believed and still believe that RED-III will increase the demand for renewables, especially for advanced fuels and SAF, where Neste has a great strength. In hindsight, it’s easy to say it was a smart decision. My enthusiasm for buying was also not diminished by the fact that Anttonen, who is a deep expert in the field, also bought Neste in the spring, even though it is a competitor to St1. Of course, Anttonen seemed to have somewhat desperate dreams of separating renewables into a joint venture led by him, which I do not share. Now, in my opinion, the price is much more wisely valued, and future appreciation is based on Neste being able to beat competitors and maintain its market shares. Losing market shares is likely almost inevitable as competition becomes more global and larger, but I believe Neste enters this race from a very strong position, even though the technological advantage is closing at an increasingly faster pace, especially in HVO with easily accessible raw materials. SAF’s CAGR is around 50%, so I still don’t think Neste is too expensive, as Neste is a clear market and technology leader in the SAF market. I would buy even more at these prices if Neste’s weight in my portfolio wasn’t already excessive.

Yes, I also ask myself why I didn’t buy more Nordea or Sampo when they were available for 5e/share during the corona dip. Malinen probably had quite a few things on his table to consider during the first 6 months, and at least for me, the first thing on my mind would be how to turn the ship around, because then you’ll get a pretty nice number of those shares from the incentive program anyway.

According to OP’s morning review, Germany is considering removing the double counting of renewable diesel. Double counting = if you produce renewable diesel made from e.g. waste/used cooking oil, 1 physical tonne is counted as 2 tonnes in mandates, meaning it fulfills the blending obligation with an “oversized” factor. This has reduced the need for actual physical volume. If double counting is removed, Germany’s renewable diesel’s actual demand could increase by 1.5–2 Mt, which would be clear support for the market and Neste’s business. Has anyone calculated what such an additional demand of 1.5–2 Mt practically means for Neste on the bottom line?

So, if such a situation arose, Malinen could, if necessary, even pledge the shares as collateral for a loan; that’s no reason not to buy.  Malinen can surely largely decide how long he remains as CEO; I don’t buy this argument either.

The starting point is always that the company incentivizes management with stock awards or options. Of course, it’s a plus if management also buys shares themselves, but this rarely happens even in international companies.

Of course it can be, but it has no relevance to this discussion. On the other hand, looking at Neste’s share price development, one might question where better returns could have been obtained, though this is hindsight ;). What do Verneri’s (Verneri) trades or lack thereof have to do with anything? We are talking about Malinen, who leads the company, and with that comes a certain responsibility and credibility. I’m not entirely sure if I need to start explaining the difference between a company’s CEO owning shares versus a completely random person? I don’t understand your argument   The fact that I mentioned those lows is also a side issue; the point there was mainly that this year Neste’s valuation has been very low, and at such a time, it would have been very natural for the CEO to communicate through their actions that they are on the right track and believe in what they are doing. No law obliges one to own the company one pilots, but in my opinion, it’s a bit of a “gentleman’s rule” when talking about a large and serious company.

Neste

Neste Corporation, Managers' Transactions, 3 May 2023 at 11.30 a.m. (EET)Person subject to the notification requirement Name: Viertola, Kimmo Position: Member of the Board/Deputy member Issuer...

Neste Corporation, Managers' Transactions, 3 May 2023 at 11.30 a.m. (EET)Person subject to the notification requirement Name: Viertola, Kimmo Position: Member of the Board/Deputy member Issuer: Neste Corporation LEI: 5493009GY1X8GQ66AM14 Notification type: INITIAL NOTIFICATION Reference number: 5493009GY1X8GQ66AM14_20230502151136_37____________________________________________Transaction date: 2023-05-02 Venue: XHEL Instrument type: SHARE ISIN: FI0009013296 Nature of the transaction: RECEIPT OF A SHARE-BASED INCENTIVETransaction details (1): Volume: 410 Unit price: 0.00 EURAggregated transactions (1): Volume: 410 Volume weighted average price: 0.00 EURFurther information: please contact: Christian Ståhlberg, General Counsel, Neste. Please contact Neste's media service, tel. +358 800 94025 / media@neste.com(open on weekdays from 8.30 a.m. to 4.00 p.m. EET). Please subscribe to Neste's releases at <a href="https://www.neste.com/for-media/releases-and-news/subscribe">https://www.neste.com/for-media/releases-and-news/subscribe</a>