- for speed listening, go to the settings wheel on the bottom right of the video and choose playback speed - after one minute video becomes high-resolution.

Intro Cap and Legal Structure - 22 Jul 24

Investment Discussion - 22 Jul 24

Company - 22 Jul 24

Company - 22 Jul 24

Financials and Valuation - 22 Jul 24

SARRIA News -INTU
Graanul - Talking up a refinancing
Saahil Dey
Graanul - Talking up a refinancing
Saahil Dey

Please find our updated analysis post the Q3 2024 results on Graanul here.

Graanul is still suffering from transitory issues (inventory de-stocking & non existent spot market) though it has made progress in its contracted business and

Read More →
Saahil Dey
Graanul - comment
Saahil Dey
Graanul - comment
Saahil Dey

The Estonian wood pellet producer reported Q3 2024 revenues of €103.9. million (which was below our expectations of €127 million for the quarter.) Q3 EBITDA was

Read More →
Saahil Dey
Graanul - slow burn but winter is here
Saahil Dey
Graanul - slow burn but winter is here
Saahil Dey

Please find our updated analysis post the Q2 2024 results on Graanul here.

We remain on the sidelines (post our Initiation Note) as Graanul is still suffering from transitory issues (inventory de-stocking and demand weakness for

Read More →
Saahil Dey
AG Graanul Invest: Waiting for General Winter
Saahil Dey
AG Graanul Invest: Waiting for General Winter
Saahil Dey

Please find our initiation and financial model on AG Graanul Invest here.

Due to variables that are beyond its control (pellet pricing, raw material availability, weather and the pace of inventory de-stocking by its

Read More →
Saahil Dey