09. December 2020 | 10:00 CET
Bitcoin Group, BIGG Digital Assets, Deutsche Pfandbriefbank - double-digit price gains within a few days
Promising business developments and advantageous trends brought shareholders of the above-mentioned Companies significant share price gains within a week. We shed some light on the background. Who has the most significant short-term potential?
time to read: 2 minutes by Carsten Mainitz
Author
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.
Bitcoin Group - Around 80% share price increase in one month
Bitcoin Group SE, as a holding company, is mainly involved in innovative and disruptive business models and technologies in the areas of cryptocurrency and blockchain. Core of the Group is the 100% participation in futurum bank AG. Futurum exercises classical investment services and operates a trading place for digital currencies under Bitcoin.de.
One week ago the Group announced to have already reached the self-set annual goal of 900,000 customers on the cryptocurrency trading place Bitcoin.de as at the beginning of November. The sharp rise in Bitcoin & Co. prices and the growing popularity of cryptocurrencies as a means of payment, in addition to the increasing interest of professional investors in cryptoassets, are among the reasons for this dynamic, according to the Company.
Although the core business as a crypto-bank is mostly independent of the value development of cryptocurrencies, there is a lever in the Company's own stock of cryptoassets. According to a report dated December 1, the Company's stock of cryptocurrencies has exceeded the EUR 60 million mark - more than double the figure at the end of 2019. The Company is currently worth around EUR 260 million on the stock exchange. The triumphal procession of cryptocurrencies sets the course for further growth of the Group.
BIGG Digital Assets - breathtaking dynamics
BIGG Digital Assets Inc. owns the two operating Companies Netcoins and Blockchain Intelligence Group. The overall goal of BIGG Digital Assets is to build an ecosystem for compliant and regulated cryptographic business.
Yesterday, BIGG reported that it increased its Bitcoins inventory by 40 units to 189.5 units. The value of the total inventory, which is to be held long-term, is currently at CAD 4.65 million. The current market value of the Company is approximately CAD 50 million.
Netcoins, a cryptocurrency broker with its software, compliance and security solutions for buying and selling cryptos, reported the day before yesterday a trading volume on the platform in November of 23 million. This figure corresponds to an increase of 60% compared to October and an eightfold increase compared to January! Within 4 weeks the share increased by more than 40%, since the beginning of the year by more than 700%. The trend is your friend!
Deutsche Pfandbriefbank - 60% share price increase within 4 weeks
The Deutsche Pfandbriefbank is proof that investors can make a good cut even with financial stocks that seem "boring" at first glance. In the spring, the share lost around two-thirds of its value and reached a low of around EUR 5.00. In the meantime, the stock market is again calling for more than EUR 9.00. After the quarterly figures, the analysts Kepler Cheuvreux confirmed the "Buy" rating and the target price of EUR 12.00.
Deutsche Pfandbriefbank is a leading European specialist bank for real estate financing and public investment financing. The Group published its figures for the third quarter in mid-November. Although these were only slightly higher than in the previous year at the pre-tax level, they showed that the Group is well-positioned to master even a real estate downturn next year.
Rising share prices in recent weeks reflect the fact that investors believe in the Company's good risk position. At less than EUR 10.00, the stock is moderately valued.
