April 19, 2017


We feel like a BUYER on the markets.

“It’s waiting that helps you as an investor, and a lot of people just can’t stand to wait.” – Charlie Munger
PROB.ST (ISIN: SE0001280355)

Probi AB is a Sweden-based company engaged in the probiotics research and development. The Company’s activities are divided into two business areas: Functional Foods, which focuses on the probiotics application in food in partnership with food companies; and Consumer Healthcares, which develops, commercializes and sells Probi probiotics in collaboration with a range of entities,          

Market: Stockholm


Loss over the last quarter: -17.5 % 

Fair value: 890 SEK
Discount: 107%
Average yearly return: 59%

Mind the forex risk with Swedish krones:

On March 31, 2017 Probi's Annual Report for 2016 is now available on the company website,
www.probi.com under Investors / Financial Reports / Annual Reports.