Close menu

October 27th, 2021 | 10:23 CEST

Deutsche Telekom, Barsele Minerals, Symrise - Positive surprises

  • Gold
Photo credits:

The reporting season for the third quarter is in full swing. Positive surprises already outweighed the negative ones last week. As a result, the leading indices in the USA, the Dow Jones and S&P 500, reached new highs, and the DAX is also likely to start its year-end rally with the first target of 16,000 points after breaking through the crucial 15,500 mark. Even outside the quarterly figures, there are important events that should positively affect the respective share prices.

time to read: 3 minutes | Author: Stefan Feulner

Table of contents:

    Gold climbs to USD 1,800

    The stock markets are bullish, the largest cryptocurrencies, Bitcoin and Etherum, are rising from high to high. Despite inflation concerns and a looming real estate crisis in China, there still seems to be too much money lying on the side of the road that still wants to enter the market. The precious metals, gold and silver, were also able to free themselves somewhat from their lows. In the gold sector, a spectacular deal is in the offing, which could give wings to the price of the gold mining exploration company Barsele Minerals.

    By Oct. 31, 2021, the deadline of a letter of intent expires, according to which Barsele Minerals could acquire 100% of a high-grade project in Sweden from industry giant Agnico Eagle. According to industry insiders, both parties want to reach a favorable deal, with only the Corona pandemic of travel restrictions complicating negotiations. If the ink is not dry on a final agreement by the end of the month, there should be no obstacles to an extension.

    The eponymous Barsele project in the northern area of the Scandinavian country covers a size of 47,000 hectares. It stands for a potential of more than 5 million ounces of gold, according to the management of the Belcarra Group, which leads the fortunes at Barsele Minerals. Today, the Canadians own 45% of the project. The majority of 55% is still held by major Agnico Eagle, which has done the significant groundwork in the past, with 160 km of drilling and over 400 holes. The next 24 months envisage further drilling programs over 30,000m, which should then provide a resource estimate of around 3.5 million ounces of gold.

    Major Opportunity

    The purchase price of the remaining 55% amounts to USD 45 million. In addition, Barsele Minerals will grant the contractual partner own shares in the volume of 14.9% and 6 million warrants. The transaction is to be financed by a capital increase in addition to the issuance of a convertible bond. To gain access to a more extensive investor base in the US capital market and thus to greater liquidity, the Company announced the start of trading on the OTCQB Venture Market, a segment dedicated to early and development stage companies.

    Analysts at RBC valued the Barsele project at USD 375 million years ago, when gold was trading at around USD 1,350 per ounce. That would give significant potential for Barsele Minerals, which has a market capitalization of just EUR 52.21 million.

    Telecom in the run-up to the figures

    Having reached a new 10-year high in the middle of the year, the signs have been pointing to a correction in Deutsche Telekom's chart for months. Since reaching the high of EUR 18.91, the share price of the Bonn-based Company has been consolidating. Accordingly, an end should first be found at around EUR 16, a prominent support zone. In case of a break, a relapse into the sideways range below EUR 15.50, which has lasted for years, would not be unlikely.

    The investment bank Jefferies was optimistic concerning the upcoming quarterly figures. The Brits continue to see Deutsche Telekom as a buy candidate and reiterated the price target of EUR 21.80. Concerning the Group's forecast for the operating result, the analysts are very confident. A significant contribution should come from the cost side in the home market. However, even a weaker result could lead to an increase in the targets.

    Forecast raised

    Jefferies also upgraded the Symrise share to "buy." The price target of EUR 130 was reiterated after the quarterly figures were announced. The reason for the favorable verdict was that internal analysts' estimates were exceeded. The pet food business and the recovery in luxury perfumery were the reasons why the management around CEO Heinz-Jürgen Bertram again revised the forecast of 7% from the summer and now expects organic sales growth of 9% for the full year.

    In the first three quarters, the DAX-listed Group generated revenues of almost EUR 2.9 billion, 6.7% more than a year earlier and thus more than expected. "Due to progress in the fight against the Corona pandemic, demand continued to increase significantly," Bertram said, according to the release. "Demand was particularly high for applications associated with more travel or leisure - including, for example, sun care products, fragrances but also beverage and culinary applications."

    With the encouraging quarterly figures, stock markets are bullish and climbing to new highs. The gold sector also managed to break free from its lows. Barsele Minerals is on the verge of a landmark deal and could head for higher valuation territory if successfully concluded. Deutsche Telekom is also attractive at current levels.

    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 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

    Stefan Feulner

    The native Franconian has more than 20 years of stock exchange experience and a broadly diversified network.
    He is passionate about analyzing a wide variety of business models and investigating new trends.

    About the author

    Related comments:

    Commented by Fabian Lorenz on November 29th, 2023 | 10:00 CET

    Sell Varta shares? Positive news from JinkoSolar and Manuka Resources

    • Mining
    • Gold
    • renewableenergies
    • Solar
    • Batteries

    Is the Varta share price party over again? The shares of the former German battery darling have gained around 30% in value over the past six months. But now analysts are advising to sell. JinkoSolar's management had hoped for more buying when it announced the dividend at the end of September. While this was not the case, shareholders can at least look forward to a payout next week. Manuka Resources is currently managing the balancing act between positive cash flows from the sale of gold and investments in resource expansion. The Company is sitting on another potential "treasure" with a project for battery metals. Is the share undervalued?


    Commented by Stefan Feulner on November 29th, 2023 | 09:55 CET

    Aixtron, Blackrock Silver, Coinbase - Ready for the year-end rally

    • Mining
    • Gold
    • Silver
    • crypto

    Bets are increasing that the US Federal Reserve may have at least paused to raise interest rates further. This prompted the gold price to reach a six-month high of USD 2,016 per ounce. As with its little brother silver, the signs point to further price rises in the short term. The world's largest cryptocurrency, Bitcoin, even reached a new high for the year of over USD 38,000. Optimists are already anticipating prices well above the USD 50,000 mark.


    Commented by André Will-Laudien on November 27th, 2023 | 07:00 CET

    Turnaround Special: 60 billion financial hole - Not with us! TUI, Desert Gold, Bayer and Lufthansa - Get in now!

    • Mining
    • Gold
    • travel
    • Pharma

    When the stock market is booming almost every day, it is easy to lose sight of the loss-makers of 2023. But it does not have to continue like this! The market regularly rotates through segments, so today's losers will soon be the winners again. This is already evident with TUI and Lufthansa, who are slowly emerging from the Corona shock. Bayer is halting a promising drug and still has to deal with legal disputes. The current situation and the rising gold trend speak in favor of Desert Gold. Let's take a look at the values of tomorrow.