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September 28th, 2020 | 15:09 CEST

BYD, Plug Power, Scottie Resources: Who has the best track record?

  • Investments
Photo credits: pixabay.com

Various sectors of the stock market are of particular interest to investors at the moment. Mobility is an engaging subject for people all around the globe. All developments are closely scrutinised, resulting in progress being rewarded by increased investor interest. When regress and uncertainty are detected, investors react like a shy deer and scatter. There are numerous opportunities to invest in and the time spent on shares is a critical factor, especially for stockholders. As always, it is worth taking a broad perspective.

time to read: 2 minutes | Author: Mario Hose
ISIN: CA81012R1064 , CNE100000296 , US72919P2020

Table of contents:


    The oldest currency in the world is in demand

    In the Canadian province of British Columbia, Scottie Resources is looking for new gold deposits. The company's projects are located in the so-called Golden Triangle, a region that has made a name for itself with its numerous deposits. Scottie Resources owns the Scottie Gold Mine of the same name in the region, which has produced gold in the past. The company has now secured 24,589 hectares of claims in the Golden Triangle.

    In a recent announcement, Scottie Resources has announced further airborne work to identify priorities for further ground exploration. In northern British Columbia, an area of 57 km2 is the focus of the surveys. The airborne geophysical surveys will provide interpretations that, in conjunction with sampling and geological mapping, will facilitate subsequent exploration.

    CEO Bradley Rourke provides further details: "Scottie Resources continues to aggressively explore and develop the Scottie Gold Mine Project. These geophysical surveys will enhance our technical data and understanding for future drill targeting. Drill progress has been better than expected and over 4,500 metres has been completed to date. Drill results will be released upon receipt."

    Is the comparison with Tesla justified?

    The BYD shares are currently in great demand. This interest is driven by the analysts' assessments and the company's announcements. The company recently announced that it had received an order for 106 electric buses from the Finnish transport company Nobina. The major customer will operate 64 vehicles in Helsinki and 42 in Turku.

    The Chinese group BYD is often compared to Tesla because the company serves the electromobility market with different vehicle models. Besides electric buses, BYD also offers limousines. The model 'Han' is said to have a range of up to 605 kilometres and to have 494 hp as a luxury version.

    Does growth also work at a profit?

    The US company, Plug Power, is a pioneer of the hydrogen ecosystem and can provide a variety of components for an infrastructure. In a growing market in which innovations are tested and, if successful, demanded in large quantities, there are attractive return opportunities for investors in well-positioned companies.

    Plug Power's share price has already performed well, but this does not mean that the price rally must end now. Given that the company is already valued at over EUR 4 billion, investors need to bear in mind that at a certain point there is a growing interest in profitability and that the market capitalization must be competitive. It is a significant industry phenomenon that in the current situation, where there is little supply on the market, companies still do not make money.


    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.

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    Der Autor

    Mario Hose

    Born and raised in Hannover, Lower Saxony follows social and economic developments around the globe. As a passionate entrepreneur and columnist he explains and compares the most diverse business models as well as markets for interested stock traders.

    About the author



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