Saab share: Swedish Automobile share price continues to rise

SaabBlog.net is now finally degenerating into an economic blog. Since we don't see any production, we can at least watch the course of Saab mother "Swedish Automobile". The price has currently stabilized around 1.70 €, which would be a gain of more than 40% and thus a nice speculative gain.

Allegedly there is a “big American investor” at the door. Whereby with Victor Muller everything is big and sensational at first, only to shrink very quickly to dwarf size. That wasn't exactly fair now, admittedly, but it had to be found out. Sorry to all VM fans.

The Swedish Ministry of Economic Affairs released a letter today in response to Lars Carlstem's indictment from the last few days. Catharina Hakansson Boman, State Secretary, assures Saab that she is benevolent and rejects Mr. Carlström's crude conspiracy theories. The style is much more factual and one sentence gets the whole story in a nutshell. "Ultimately, the Saab management is responsible for the success of the company". Not the government. How true.

The suppliers keep still. That is amazing. The toolmaker Sweparts who recently filed for bankruptcy against the Saab subsidiary "Saab Tools" was content with 10% of the claim amount and expects the rest in September. Only Kongsberg Automotive wants more than 10% of its 4.3 million crowns and continues to enforce it. But at the same time continue to negotiate to get a little more than the promised 10%.

An agreement has also been reached with the advertising agency Lowe Brindfors, who has been patiently waiting for the money since Xnumx in November. And in the autumn, when the factory is up and running again, Lowe Brindfors will once again be Saab's advertising partner. That makes me especially happy, as Lowe Brindfors' ideas workshop is home to such great spots as the Turbo Gene test.

Are amazing the Swedish Saab partners.

Text: tom@saabblog.net