I find it remarkable how deeply you have delved into the connectivity analysis. Do you really see anything special here? I work in the logistics industry and even from the text I can't recognise any strong ‘power’ that the company has. In addition, there is the customer concentration and the fact that we are only talking about a sub-segment of sales for Connectivity. I am invested in Norbit myself, but have a small observation position. I am really puzzled as to why you at Norbit have delved so deeply into one sub-segment. There are competitors, there is always technological change and the company is also heavily affected by regulations and laws.
Hi SHP, thanks for leaving the comment. First, this is a guest post so to speak, Erik Stangeland wrote and conducted the research - I believe understanding connectivity is important for understanding Norbit. Not only because it's a substantial part of their earnings, but also because it highlights how Norbit can leverage their efficient production and product development to continue to grow and take market share. Their power is efficiency, excellent problem solving through niche tech development. Another fascinating thing to note is how customers approach Norbit to request them to develop new tailormade products. That's a sign of a company that is valued by it's customers.
And also, I believe deep business understanding is important to build conviction. There is bound to be volatility, and if you understand how your holdings differentiate from competitors is important.
I find it remarkable how deeply you have delved into the connectivity analysis. Do you really see anything special here? I work in the logistics industry and even from the text I can't recognise any strong ‘power’ that the company has. In addition, there is the customer concentration and the fact that we are only talking about a sub-segment of sales for Connectivity. I am invested in Norbit myself, but have a small observation position. I am really puzzled as to why you at Norbit have delved so deeply into one sub-segment. There are competitors, there is always technological change and the company is also heavily affected by regulations and laws.
Hi SHP, thanks for leaving the comment. First, this is a guest post so to speak, Erik Stangeland wrote and conducted the research - I believe understanding connectivity is important for understanding Norbit. Not only because it's a substantial part of their earnings, but also because it highlights how Norbit can leverage their efficient production and product development to continue to grow and take market share. Their power is efficiency, excellent problem solving through niche tech development. Another fascinating thing to note is how customers approach Norbit to request them to develop new tailormade products. That's a sign of a company that is valued by it's customers.
And also, I believe deep business understanding is important to build conviction. There is bound to be volatility, and if you understand how your holdings differentiate from competitors is important.