Close menu




May 5th, 2021 | 11:00 CEST

Aurelius, The Place Holdings, DWS - Yield Foxes

  • Investments
Photo credits: theplaceholdings.com

Caught! As a reader of these lines, you must belong to the group of people who actively take care of their own investments. That makes us happy. Why not add shares to your portfolio that, as asset managers or investment companies, increase the money of others and, as a consequence, that of shareholders as well? We have brought you three exciting investment ideas that we believe are far from exhausted.

time to read: 3 minutes | Author: Carsten Mainitz
ISIN: DE000A0JK2A8 , SG1Q02920318 , DE000DWS1007

Table of contents:


    AURELIUS EQUITY OPPORTUNITIES - Waiting for news

    After the Company had a lot of positive news for the shareholders in March and April with several acquisitions, it has become a bit quiet around the asset manager at the moment. The share is consolidating at a high level. At currently EUR 26.80, the Company is valued at EUR 820 million.

    However, there could soon be new impetus again. On May 12, the Group plans to publish an interim statement for the first quarter. On May 18, the Company will invite its shareholders to the Annual General Meeting. A dividend of EUR 1.00 is to be distributed. For the future, the Company intends to realize a higher distribution for shareholders, depending on the economic development. This sustainable distribution policy, which can be planned for shareholders, holds out the prospect of a dividend of EUR 1.25 per share for 2021 and EUR 1.50 per share for 2022.

    For the current year, CEO Matthias Täubl had already held out the prospect of significantly more transactions than in 2020 several weeks ago and also reported completion shortly thereafter. When acquiring companies or group units, Aurelius focuses on the IT & Business Services, Industrials & Chemicals and Lifestyle & Consumer Goods sectors. In general, however, no sectors are excluded per se. The Munich-based Company's track record is impressive, and transactions are boosting the share price. But even now, the share is not too expensive. The NAV of EUR 32 communicated by the Company is likely to turn out to be too low.

    THE PLACE HOLDINGS - Unconventional and innovative China play

    Singapore-based, The Place Holdings combines real estate, tourism and media businesses innovatively. The Asian island state, which was released into freedom in 1965, was one of the few countries to leap from an emerging market to an industrialized nation within just a few decades. Today, Singapore is an important financial center and trading hub. With just under 6 million inhabitants, the city-state has a strong economy. Education, quality of life, health care, security and political stability also give the tax haven a high quality of life. With a homeownership rate of 91%, the island state has the second-highest rate in the world.

    The Company brings together the three areas mentioned above, which at first glance may not seem to go together at all: Real Estate Development and Management, Cultural Tourism and Integrated Media. The concept becomes rounded by acquiring low occupancy facilities and revitalizing them with innovative ideas consisting of advertising, shopping and entertainment, among others, and making them attractive to users again. The Place is involved in two real estate projects worth around SGD 400 million and is developing them together with partners. Cooperation with local partners, in particular, is part of the Company's recipe for success.

    In tourism, the 270,000 square meter property in Mount Yuntai Tourist Township, virtually the sister park of the Grand Canyon National Park, on the Chinese mainland is of great importance. Around 40 million people live in the region. The scenic spot is increasingly being developed for tourism - an excellent value lever for the stock. But the shares are more than just a bet on growing domestic tourism in China. The media and advertising expertise that "modernizes" traditional business models is the Company's real differentiator.

    DWS GROUP - Much too cheap in absolute and relative terms

    With EUR 820 billion in assets under management, DWS is one of the world's leading asset managers and employs around 3,500 people. The asset manager offers a fully integrated global investment platform covering traditional asset classes and alternative investments. Client groups include large institutions, governments, corporations, foundations as well as private investors. As an active manager, asset classes have the traditional equity, fixed income and money market categories, and multi-asset solutions. In addition, the Company also offers alternative investments (real estate, infrastructure, private equity, liquid real assets), sustainable investments and, increasingly, passive investments.

    At the end of April, the Group presented its Q1 figures and again showed strong results generated due to its diversified business model. Despite high outflows from cash products (low margins), a net inflow of EUR 1 billion was achieved. Adjusted pre-tax profit increased by 17% to EUR 249 million. At a share price of just under EUR 36, the Group is worth around EUR 7.2 billion on the stock market. Given the good operating figures, this is far too little. Moreover, the Company is valued on the stock exchange at only around 0.9% of assets under management. In our opinion, the two starting points result in a price potential for the share certificates of at least 50%.


    Conflict of interest

    Pursuant to §85 of the German Securities Trading Act (WpHG), we point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH (hereinafter referred to as "Relevant Persons") may in the future hold shares or other financial instruments of the mentioned companies or will bet on rising or falling on rising or falling prices and therefore a conflict of interest may arise in the future. conflict of interest may arise in the future. The Relevant Persons reserve the shares or other financial instruments of the company at any time (hereinafter referred to as the company at any time (hereinafter referred to as a "Transaction"). "Transaction"). Transactions may under certain circumstances influence the respective price of the shares or other financial instruments of the of the Company.

    Furthermore, Apaton Finance GmbH reserves the right to enter into future relationships with the company or with third parties in relation to reports on the company. with regard to reports on the company, which are published within the scope of the Apaton Finance GmbH as well as in the social media, on partner sites or in e-mails, on partner sites or in e-mails. The above references to existing conflicts of interest apply apply to all types and forms of publication used by Apaton Finance GmbH uses for publications on companies.

    Risk notice

    Apaton Finance GmbH offers editors, agencies and companies the opportunity to publish commentaries, interviews, summaries, news and etc. on news.financial. These contents serve information for readers and does not constitute a call to action or recommendations, neither explicitly nor implicitly. implicitly, they are to be understood as an assurance of possible price be understood. The contents do not replace individual professional investment advice and do not constitute an offer to sell the share(s) offer to sell the share(s) or other financial instrument(s) in question, nor is it an nor an invitation to buy or sell such.

    The content is expressly not a financial analysis, but rather financial analysis, but rather journalistic or advertising texts. Readers or users who make investment decisions or carry out transactions on the basis decisions or transactions on the basis of the information provided here act completely at their own risk. There is no contractual relationship between between Apaton Finance GmbH and its readers or the users of its offers. users of its offers, as our information only refers to the company and not to the company, but not to the investment decision of the reader or user. or user.

    The acquisition of financial instruments entails high risks that can lead to the total loss of the capital invested. The information published by Apaton Finance GmbH and its authors are based on careful research on careful research, nevertheless no liability for financial losses financial losses or a content guarantee for topicality, correctness, adequacy and completeness of the contents offered here. contents offered here. Please also note our Terms of use.


    Der Autor

    Carsten Mainitz

    The native Rhineland-Palatinate has been a passionate market participant for more than 25 years. After studying business administration in Mannheim, he worked as a journalist, in equity sales and many years in equity research.

    About the author



    Related comments:

    Commented by Armin Schulz on February 6th, 2025 | 07:00 CET

    Deutsche Bank, Globex Mining, Rheinmetall – High-flying stocks for good reason

    • Mining
    • Commodities
    • Banking
    • Investments
    • Defense

    Amid geopolitical tensions, the looming trade war, and interest rate cuts by the ECB, there are still stocks that are not deterred by all the challenges and continue to rise. These high-flyers have either structured their business well or are taking advantage of megatrends such as commodities, which could be at the beginning of a supercycle, or the supply of defense equipment, which is in high demand given the tensions in the world. Investors who identify emerging trends early can make a lot of money, but those who enter the market later can still profit. The prerequisite for this is always a look at the fundamentals.

    Read

    Commented by Mario Hose on January 16th, 2025 | 11:23 CET

    Trading suspension of European Lithium Limited shares in Australia

    • Investments

    The shares of European Lithium Limited have been temporarily suspended from trading on the Australian home exchange ASX. Such trading suspensions often occur when exceptional market movements in price and volume are observed. In the current case, the process appears to be related to an above-average price increase and a significant increase in trading volume.

    Read

    Commented by Fabian Lorenz on December 17th, 2024 | 07:20 CET

    Outperformers to Buy for 2025: JinkoSolar, Barrick Gold, Newmont, Thunder Gold

    • Mining
    • Gold
    • renewableenergies
    • Investments

    Will gold mining and solar stocks be among the outperformers of 2025? The chances of them performing better than this year certainly look promising. Thunder Gold's stock has already performed well in recent months, and rightfully so: management believes it is possible to expand the resource of this exciting project in Canada to 2 million ounces. If it succeeds, the exploration company will become a hot takeover candidate. This is because major players like Barrick Gold and Newmont have underperformed this year and might face shareholder pressure to end their restraint on acquisitions. As usual, takeover fever should then spread to explorers like Thunder Gold. Barrick faces problems in West Africa, and Newmont is focused on cost reduction. And what about JinkoSolar? Not only does the Company want to buy back more of its own shares, but it is also working on a solar OPEC.

    Read