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
  createdAt
  changedAt
  isPremium
  authors {
    __typename
    name
    pageUrl
    id
  }
  companies {
    name
    id
  }
  tags {
    name
    id
  }
  ... 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
      researchContentUrl
    }
    ... 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
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
        }
      }
      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
    }
  }
}


bittium-clear-strategy-now-has-be-executed

__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

changedAt

Analyst

Juha Kinnunen

Bittium specializes in developing secure communication and connectivity solutions using technology and knowledge of radio technology. The products are used for mobile devices, computers, and other technological products in healthcare, defense, and other industries. Examples of work areas include cardiology, neurology, and rehabilitation. The company is headquartered in Oulu.

Here is an AI-generated Finnish summary of the linked news article.  Billion-Euro Catastrophe of the German Armed Forces’ Digital Field Radio The modernization project for field communications in the German Armed Forces (Bundeswehr) has run into a serious crisis. Approximately two billion euros have already been spent, but the digital field radio system is not working. Background: For years, the Bundeswehr has aimed to transition to modern digital radio communication. It is now revealed that, according to a confidential Bundestag letter from the Ministry of Defence, even the basic version of the system has not received operational approval for simple training activities – despite costs already reaching approximately 1.75 billion euros, plus an additional 299 million euros for related measures. The “D-LBO” project (Digitalisierung Landbasierte Operationen - Digitization of Land-Based Operations) aims to digitally network soldiers, vehicles, and command posts. According to internal documents, key functions still do not work reliably: the integration of Leopard 2 main battle tanks has failed, radio messages have not been transmitted at all or have been too quiet, ranges have fallen significantly short of requirements, and simultaneous use of data and voice radio has only been possible to a limited extent. The original goal of digitizing an entire ground forces division by the end of 2027 is now uncertain. The Bundeswehr still largely uses outdated, unencrypted radio technology that is easily eavesdropped on by the enemy. In particular, the new “Lithuania Brigade” urgently needs encrypted command radio – currently, it would not be able to communicate securely in a combat situation. Marie-Agnes Strack-Zimmermann of the FDP criticized that “Sondervermögen” (special fund) money is being “thrown out the window without functional planning and oversight,” asking, “Where is the Minister of Defence exactly?”  Based on the news, nothing new under the sun in this project. Not easy for Rohde & Schwarz.

Germany has spent 2 billion on a radio system that doesn’t work. https://www.focus.de/politik/bundeswehr-hat-2-048-milliarden-euro-fuer-digitalfunk-ausgegeben-doch-der-funktioniert-nicht_c595889f-8872-4aa8-baa7-498f2a31ac14.html

Here are Juha’s comments on how Bittium and Telia have implemented a hybrid network for the Finnish Defence Forces, which extends its battle-hardened data transmission to a 5G network.  The core of the solution is Bittium’s recently announced FUSOR software router, which enables the seamless extension of the tactical network to the 5G network using virtual platforms. In our opinion, this development step is logical after the previous release, and we consider the news a positive technological milestone that further strengthens Bittium’s offering. Bittium and Telia will continue to test and validate the hybrid network in operational conditions, so the news has no immediate impact on our forecasts.                   Inderes              Bittium ja Telia toteuttivat hybridiverkon Puolustusvoimille - Inderes    Uusi hybridiverkko laajentaa Puolustusvoimien taktisen tiedonsiirron 5G-verkkoon Bittiumin FUSOR-ohjelmistoreitittimen avulla.

Even though the announcement mentions the Finnish Defence Forces, no purchases have been agreed upon yet. It merely demonstrated the possibility of a joint KNL & Bittium product operating over Telia’s 5G network, which can then be integrated into Bittium’s terminals that the Defence Forces already possess. Considering drones, this is a good thing, as they can be used directly over a wider area via the 5G network, though interference can still occur regardless. On the other hand, it also means there’s no need to use radios and reveal operations if one can appear as a single operator over the 5G network instead of a large target.

Rather trading announcements, but meanwhile;  Bittium and Telia have collaborated to implement a hybrid network that extends the Finnish Defence Forces’ battle-resilient data transfer to the 5G network. The hybrid network combines Bittium’s tactical data transfer network, which is the core of the Defence Forces’ command and control system, and Telia’s 5G network, which is a comprehensive backbone for wireless digital communication. The seamless whole provides the Defence Forces with secure communication and data transfer in an even more comprehensive network. The solution also supports the flexibility and operational capability of defence operations, as well as cooperation with authorities and allies.   At the heart of network interoperability is Bittium’s new generation FUSOR software router, which enables the agile and cost-effective expansion of Bittium’s tactical network. FUSOR can be installed on virtual platforms and seamlessly extends the tactical network’s battle-resilient data transfer to the 5G network. The FUSOR software router and Bittium’s tactical network routers use the same advanced routing protocol, which forms a dynamic MANET (Mobile Ad-hoc Network) that always selects the best route for data transfer. Data transfer is continuous despite changing situations.  Stock Exchange and Press Releases - Bittium Pörssi- ja lehdistötiedotteet - Bittium

Bittium and Telia collaboration. “With FUSOR, we are bringing battle-hardened data transfer directly into 5G networks for the first time.” The stock price says thanks with -7%.                   News Powered by Cision              Bittium ja Telia tuovat ensimmäistä kertaa taistelunkestävän tiedonsiirron...    Bittium Oyj Lehdistötiedote  Bittium ja Telia tuovat ensimmäistä kertaa taistelunkestävän

It would have been nice to hear your own thoughts, but the text clearly shows that it was produced by AI. I think it would be good to always include sources and at least mention the use of AI. The question posed to the AI, or “prompt,” should also be included. The topic itself is quite relevant and current: what could be Bittium’s role in drone warfare and their countermeasures in Finland and internationally?  Well, of course I use AI when considering something a bit more thoroughly, but it’s new to me that one should publish prompts? My individual posts are not solely AI text but a combination where AI is, of course, strongly involved. Even Inderes’ analysts have answered the question about AI use by saying “everything goes through AI nowadays,” and you don’t see prompts or separate mentions in their work either. Shouldn’t it be self-evident today that AI is involved in discussions? And since when has basic forum writing required sources? I mentioned the news link at the beginning from which this discussion with AI started. And instead of participating in this discussion yourself, with or without AI, 99% of your contribution was to criticize my messages and then you repeated my question. You should probably use AI…

Bittium

The strategy update, implementing the change and clear focus areas increased our confidence in the company’s development and achieving its financial targets.

<p>The strategy update, implementing the change and clear focus areas increased our confidence in the company’s development and achieving its financial targets. During the week, Bittium has also announced ResMed cooperation in the sleep apnea area and a new framework agreement with the Finnish Defence Forces. Through these, we raised our earnings estimates for the coming years by some 15%, where the company has its work cut out. The share price has risen forcefully, but the valuation (P/E 2024e 18x) is still reasonable considering the company's development phase. </p> 

	2022	23e	24e
Revenue	82.5	77.9	90.6
growth-%	-5.0 %	-5.6 %	16.4 %
EBIT (adj.)	0.3	-2.2	9.2
EBIT-% (adj.)	0.4 %	-2.8 %	10.1 %
EPS (adj.)	0.01	-0.08	0.24
Dividend	0.05	0.05	0.12
Dividend %	1.3 %	0.1 %	0.3 %
P/E (adj.)	489.4	neg.	167.1
EV/EBITDA	13.2	199.9	67.6

Bittium: Clear strategy that now has to be executed

Key Estimate Figures31.10.2023

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