January 8, 2021

NENT shares - a desperately needed Netflix for Europe

Today Hermann J. Stern, CEO of Obermatt and developer of the Obermatt Method did not pick his stock with the Obermatt Ranks. Rather, the source was an article in the Financial Times about NENT, the Nordic Entertainment Group, a media company with the goal of becoming the film streaming platform for Europe.

The strategy is convincing, the timing early and the shares therefore still cheap. With such technology companies everything lies in the future. As revenues and profits are not yet reflected in the income statement and balance sheet, the Obermatt Ranks are of little use, because they are based on financial facts that are simply not yet available in such cases. Find out why Hermann Stern buys the NENT stock anyway in the podcast.

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