Rime

Aquaculture

MOWI

Mowi ASA

52mediumRanked #9Held

Current positions

StrategyWeightMarket valueUnrealised P&L
AI Concentrated——Not held
AI Equal Weight7.14%71 213 NOK2 805 NOK+4.10%
AI Momentum6.94%68 204 NOK−151 436 NOK−68.95%

Score history

11 entries
6540May 09May 13May 18May 22May 25
DateScoreRankConfidenceThesis
25. mai 2026529mediumSlight positive 5d momentum and near-MA positioning in a stable aquaculture setup, though 20d return is marginally negative.
22. mai 2026724highMowi's scale and cost discipline position it well as Atlantic salmon spot prices recover toward 80–85 NOK/kg, with Q2 volumes tracking in line and a supportive dividend narrative.
21. mai 2026743highMowi's global scale and best-in-class biology position it well to capture elevated summer spot prices, with recent Q1 beats supporting near-term momentum.
20. mai 2026763highMowi's global scale and vertically integrated model position it well to capture elevated salmon spot prices, with solid Q1 results reinforcing near-term earnings momentum.
18. mai 2026723highMowi's global scale and cost discipline make it a core aquaculture holding as spot prices remain supportive, though Q1 2026 harvest volumes came in slightly below guidance, capping upside.
15. mai 2026743highRecovering Atlantic salmon spot prices combined with Mowi's global scale and cost discipline support a positive near-term setup ahead of Q2 volume guidance.
14. mai 2026723highMowi's global scale and cost discipline position it well as Atlantic salmon spot prices recover toward seasonal highs, though NOK strength and feed cost pressures cap upside.
13. mai 2026674mediumMowi's global scale and improving biological performance support earnings recovery as spot prices firm, making it the most liquid pure-play aquaculture compounder at a reasonable valuation.
12. mai 2026658mediumMowi's global scale and cost discipline make it the best-positioned aquaculture major, with improving spot prices supporting near-term earnings, though regulatory risk and currency exposure keep the score from moving higher.
11. mai 2026666mediumMowi's global scale and cost discipline provide resilience as spot prices recover toward seasonal highs, though the resource rent tax overhang keeps valuation multiples compressed.
9. mai 202671—Global salmon supply constrained by biology and regulation. Mowi's vertical integration supports margin resilience.

Trades

21 trades
DateStrategyDirectionSharesPriceNet amountRationale
25. mai 2026AI Concentratedsell946202 NOK191 372 NOK

Score 52 — exited; fell below selection threshold

25. mai 2026AI Momentumsell68202 NOK13 756 NOK

Score 52 — reducing weight (rebalance)

22. mai 2026AI Concentratedsell25202 NOK5 047 NOK

Score 72 — reducing weight (rebalance)

22. mai 2026AI Momentumsell7202 NOK1 413 NOK

Score 72 — reducing weight (rebalance)

21. mai 2026AI Concentratedsell14201 NOK2 810 NOK

Score 74 — reducing weight (rebalance)

21. mai 2026AI Momentumsell28201 NOK5 620 NOK

Score 74 — reducing weight (rebalance)

20. mai 2026AI Momentumbuy44198 NOK8 699 NOK

Score 76 — Mowi's global scale and vertically integrated model position it well to capture elevated salmon spot prices, with solid Q1 results reinforcing near-term earnings momentum.

20. mai 2026AI Concentratedbuy36198 NOK7 117 NOK

Score 76 — Mowi's global scale and vertically integrated model position it well to capture elevated salmon spot prices, with solid Q1 results reinforcing near-term earnings momentum.

18. mai 2026AI Concentratedsell15192 NOK2 883 NOK

Score 72 — reducing weight (rebalance)

18. mai 2026AI Momentumsell17192 NOK3 268 NOK

Score 72 — reducing weight (rebalance)

15. mai 2026AI Concentratedbuy6193 NOK1 157 NOK

Score 74 — Recovering Atlantic salmon spot prices combined with Mowi's global scale and cost discipline support a positive near-term setup ahead of Q2 volume guidance.

15. mai 2026AI Momentumbuy10193 NOK1 928 NOK

Score 74 — Recovering Atlantic salmon spot prices combined with Mowi's global scale and cost discipline support a positive near-term setup ahead of Q2 volume guidance.

14. mai 2026AI Concentratedbuy44195 NOK8 571 NOK

Score 72 — Mowi's global scale and cost discipline position it well as Atlantic salmon spot prices recover toward seasonal highs, though NOK strength and feed cost pressures cap upside.

13. mai 2026AI Momentumsell41194 NOK7 954 NOK

Score 72 — reducing weight (rebalance)

13. mai 2026AI Concentratedsell68193 NOK13 084 NOK

Score 67 — reducing weight (rebalance)

12. mai 2026AI Equal Weightbuy4193 NOK772 NOK

Score 72 — Mowi's scale and global farming footprint offer resilience amid firm spot prices, though margin pressure from feed costs and the resource rent tax temper conviction.

12. mai 2026AI Concentratedbuy8193 NOK1 544 NOK

Score 72 — Mowi's scale and global farming footprint offer resilience amid firm spot prices, though margin pressure from feed costs and the resource rent tax temper conviction.

11. mai 2026AI Equal Weightbuy170 077 NOK70 112 NOK

Score 72 — Mowi's scale and global farming footprint offer resilience amid firm spot prices, though margin pressure from feed costs and the resource rent tax temper conviction.

11. mai 2026AI Concentratedbuy1196 216 NOK196 314 NOK

Score 72 — Mowi's scale and global farming footprint offer resilience amid firm spot prices, though margin pressure from feed costs and the resource rent tax temper conviction.

10. mai 2026AI Momentumbuy2647 NOK1 294 NOK—
9. mai 2026AI Momentumbuy189 533 NOK89 578 NOK—