Ask me later

Ask me later

How likely are you to recommend Redeye to a friend or colleague?

1

2

3

4

5

6

7

8

9

10

Not likely

Very likely

Not likely

1

2

3

4

5

6

7

8

9

10

Very likely

Message received

Thanks again for rating us!

OXE Marine: Disappointing Outcome in Africa

2020-03-19

17:15

OV

HA

Oskar Vilhelmsson

Henrik Alveskog

Redeye cuts its sales forecast by 25% for 2020 after OXE Marine’s announcement that it has failed to convert the African LOI. We are surprised by the event as the company seemed confident in signing a final agreement. In light of the event, we lower our base case valuation.

Sign up for free to continue

Already a member?

Sign in

Disclosures and disclaimers