Close menu

July 14th, 2022 | 12:37 CEST

Fresh money for wallstreet:online, and K+S and Deutsche Bank in waiting position

  • Investments
  • Banking
Photo credits:

The reporting season for the second quarter of the 2022 stock market year will be underway next week. As always, bank stocks in the USA will form the starting grid. It will be interesting to see how inflation, which has risen sharply in recent months, and higher interest rates, will affect the key figures. Compared with other sectors, the beaten-down financial stocks are favorably valued.

time to read: 4 minutes | Author: Carsten Mainitz

Table of contents:

    Deutsche Bank - At a critical point

    Deutsche Bank's start to the 2022 stock market year was ambitious and extremely successful. With the Federal Reserve turning away from its ultra-loose monetary policy to several interest rate hikes, the share certificates of most listed financial institutions jumped to new four-year highs and broke through long-term downtrends. But then came Russia's invasion of Ukraine, and share prices crashed within a few days because of concerns about excessive credit obligations. The share price of the Frankfurt-based Company has fallen by almost 50% since mid-February. However, there is a strong support area in the EUR 7.85 area, which could serve as a holding point in the long term.

    The US investment house Morgan Stanley has revised the price target of Deutsche Bank shares downward, but with a price target of EUR 12.00 after EUR 14.90 and the rating "Equalweight", it still sees significant potential compared to the current price. Analyst Magdalena Stoklosa forecasts a 7% year-on-year decline in Q2 earnings for European investment banks. Business in asset and wealth management is also likely to have been weak, the expert said.

    wallstreet:online - Setting sail for expansion

    Of course, few stocks have escaped the general market correction of recent months. In the peer group comparison, however, wallstreet:online AG, which will soon trade under the name Smartbroker Holding AG, still stands tall. The reasons for this are, on the one hand, the extremely successful figures for the past year 2021 and, on the other hand, the forecasts regarding the growth and development of the optimized Smartbroker 2.0. Despite the transitional year, the Company expects a 25% increase in sales to between EUR 62 million and EUR 67 million, while operating EBITDA after customer acquisition costs is expected to grow from EUR 4.4 million to between EUR 10 million to EUR 12 million. In addition, securities accounts are expected to increase by 22% to 300,000 by the end of 2022, and assets under custody are expected to break through the EUR 10 billion sound barrier in the course of the year, reaching around EUR 10.3 billion by the end of the year.

    However, the planned launch of "Smartbroker 2.0" and the establishment of the Company's brokerage infrastructure should allow the enormous economies of scale to take effect. The primary prerequisite for implementing this model is an increase in the KWG license. In order to expand the growth areas of the group, a capital increase has now been placed, generating gross proceeds of around EUR 10 million.

    A total of 580,000 no-par bearer shares were issued, increasing the Company's share capital by just under 4% to EUR 15.6 million. The placement price per new share was EUR 17.30. The fact that more than half of the new shares were subscribed to by members of the Management Board and the Supervisory Board is very encouraging.

    Matthias Hach, CEO of wallstreet:online AG and wallstreet:online Capital AG on the latest capital increase: "We are in the fortunate position of being able to finance the growth of Smartbroker from current revenues - to a large extent our successful media business contributes to this. Nevertheless, we decided to carry out the capital increase at short notice, enabling us to accelerate our ambitious plans once again. At the same time, the Board of Executive Directors and the Supervisory Board are sending a clear signal to the market: 'We stand behind our ideas and goals 100%'."

    K+S AG - Easy come, easy go

    The roots of the K+S Group go back to the 19th century. At that time, miners in Germany developed the first potash deposits. Today, the K+S Group is the world's fifth largest potash producer and an internationally oriented raw materials company with production sites in Europe and North America, employing more than 11,000 people.

    As a result of the sanctions against Uralkali and Belaruskali, we reported in detail in a detailed K+S report, which were responsible for around 35% of potash production worldwide in recent years, Western suppliers now had to compensate for the shortage in supply. With a view to a dazzling year as a whole, forecasts for the year were revised back in March. The Kassel-based company now expects an operating result (EBITDA) of between EUR 1.6 billion and EUR 1.9 billion.

    After an exaggeration of the potash price, a correction is currently taking place. In addition, there is a lack of urgently needed natural gas, as a result of which the producers that have been hyped in recent months have lost ground. The price of the K+S share then gave up the entire gains of the increase since the Russian invasion and is currently trading at the breakout level of early March at around EUR 20. The technical indicators would even allow for a further loss to the support area around EUR 16. Nevertheless, anti-cyclical investors should watch the stock.

    In the past months, shares of banks and financial service providers came under the wheels despite several interest rate hikes. Starting next week, the reporting season for the second quarter begins. Due to the increase in the interest margin, positive surprises could follow at Deutsche Bank. wallstreet:online receives fresh money from its own ranks and can continue its strong growth. K+S could become interesting at the current level.

    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 hold shares or other financial instruments of the aforementioned companies in the future or may bet on rising or falling prices and thus a conflict of interest may arise in the future. The Relevant Persons reserve the right to buy or sell shares or other financial instruments of the Company at any time (hereinafter each a "Transaction"). Transactions may, under certain circumstances, influence the respective price of the shares or other financial instruments of the Company.

    In addition, Apaton Finance GmbH is active in the context of the preparation and publication of the reporting in paid contractual relationships.

    For this reason, there is a concrete conflict of interest.

    The above information on existing conflicts of interest applies to all types and forms of publication used by Apaton Finance GmbH for publications on companies.

    Risk notice

    Apaton Finance GmbH offers editors, agencies and companies the opportunity to publish commentaries, interviews, summaries, news and the like on These contents are exclusively for the information of the readers and do not represent any call to action or recommendations, neither explicitly nor implicitly they are to be understood as an assurance of possible price developments. The contents do not replace individual expert investment advice and do not constitute an offer to sell the discussed share(s) or other financial instruments, nor an invitation to buy or sell such.

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

    The acquisition of financial instruments involves high risks, which can lead to the total loss of the invested capital. The information published by Apaton Finance GmbH and its authors is based on careful research. Nevertheless, no liability is assumed for financial losses or a content-related guarantee for the topicality, correctness, appropriateness and completeness of the content provided 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 Juliane Zielonka on September 29th, 2023 | 07:00 CEST

    Defence Therapeutics, Schott Pharma, Allianz Group: Focus on Innovation, Growth and Portfolio Optimization

    • Biotechnology
    • Pharma
    • Investments

    According to a recent study, biotech company Defence Therapeutics achieves twice the immune response of conventional mRNA therapies with its Accum® mRNA technology. That translates to fewer side effects and a more effective treatment. According to Precedence Research, the market size for mRNA therapeutics is projected to reach approximately USD 137.59 billion by 2032. It is expected to grow at a CAGR of 13.2% from 2023 to 2032. In order to inject these active ingredients, precision-fit medical vials are required, and Schott Pharma is ensuring this with their IPO launched on the German stock exchange this week, which could bring a valuation of around EUR 4 billion. The Allianz Group, on the other hand, is focusing on consolidation, selling its business in the Middle East and thus flushing around EUR 210 million cash into its coffers.


    Commented by André Will-Laudien on September 26th, 2023 | 07:45 CEST

    Artificial Intelligence in Sellout! Nvidia, Defense Metals, ARM Holdings - Nothing works without rare earths!

    • Mining
    • RareEarths
    • AI
    • chips
    • Investments

    After long bull market movements, the stock market usually tends to rotate sectors, or the market enters a general consolidation. In the former case, investors can profit by reallocating their assets while exploring new investment opportunities. In the latter case, all stocks come down, and the capital market generally suffers from a change in sentiment and corrects recently exaggerated valuations. In the case of the new megatrend of Artificial Intelligence (AI), the stock market seems to sense a great need for correction. As if by magic, the blockbuster stock Nvidia rose by 250% in just 9 months. However, it has already retraced nearly 20% from its peak. Where do the opportunities lie for investors?


    Commented by André Will-Laudien on September 22nd, 2023 | 07:20 CEST

    Recalculation! These are the bare figures: TUI, Saturn Oil + Gas, Deutsche Bank - Buy prices non-stop!

    • Mining
    • Oil
    • travel
    • Investments
    • Banking

    Companies do not always have good figures in their baggage. Analysts listen very carefully to the words of those in charge. Often, it is only a minor sentence that changes entire valuations. TUI is slowly approaching pre-COVID figures. Saturn Oil & Gas must backtrack slightly because of substantial forest fires in Alberta, and Deutsche Bank aims to finalize the Postbank project in 2023. All three stocks offer good buying opportunities because the long-term prospects are quite convincing.