Close menu

June 16th, 2022 | 13:37 CEST

Insider alert at Varta, recommendation for Plug Power, Altech Advanced Materials with news

  • Battery
  • Electromobility
  • Technology
Photo credits:

The energy and mobility turnaround is in full swing. Nevertheless, shares from this sector have also taken a beating in the stock market quake of recent weeks. Today we look at companies from this future market with current news. Alarm bells are ringing at Varta. A few days before the annual general meeting, an insider sells shares and generates an amount in the double-digit millions. At the same time, important news is imminent. Plug Power has recently seen a positive news flow. Nevertheless, the share has lost considerable ground - but according to an analyst, triple-digit price gains await. Such gains do not seem unrealistic for Altech Advanced Materials either if battery technology can be revolutionized.

time to read: 3 minutes | Author: Fabian Lorenz

Table of contents:

    Altech on the way to the battery revolution

    Altech Advanced Materials AG is probably not yet known to every investor. But perhaps it should be. The Heidelberg-based company wants to produce a new type of battery in the future and thus revolutionize the market for e-cars. The latest company news has given the share new impetus. It is reported that the Altech Group has filed patent applications for the Silumina AnodesT battery material technology in core markets such as the USA, Europe, China, Japan and Korea, as well as for up to 156 other countries. Silumina AnodesT is to be manufactured at the planned battery coating plant in Saxony, Germany. Altech Advanced Materials holds a 25% stake in this plant. The remaining shares are held by the Australian parent company Altech Chemicals Limited. The latter is also providing most of the financing. In order to accelerate development, a pilot plant is already being built next to the future factory to provide battery manufacturers with appropriate material for testing and qualification purposes at an early stage.

    According to Altech, they have already successfully developed a battery with 30% higher performance and lifetime. Higher density batteries result in smaller, lighter batteries and significantly less greenhouse gases and are the future of the electric vehicle market. Altech has published a pre-feasibility study for mass production at its planned plant in Saxony. According to this, annual revenues at the maximum production capacity utilization of 10,000 tons could amount to around EUR 153 million. An average EBITDA of around EUR 52 million would be achievable. As a junior partner in the joint venture, Altech Advanced Materials will not take all the money, but the current valuation seems anything but expensive. For example, the market capitalization is below EUR 10 million. Further information on Altech's technology can also be found in a detailed study on

    Plug Power: Morgan Stanley gives a thumbs up

    The Plug Power share lost a lot of value in June. Within only 5 days, the share price dropped from EUR 18 to EUR 13.50. The newsflow had previously been positive. In South Korea, the Plug Power subsidiary SK Plug Hyverse has landed a government project. The client is the Korea Gas Corporation. SK Plug Hyverse is to build a PEM water electrolysis system pilot plant with a capacity of 1 megawatt for them. In conjunction with a wind power plant, green hydrogen will be produced and sold via charging stations. Plug Power is thus tapping into a new market. Hydrogen is set to play a greater role in South Korea in the future. By 2040, a hydrogen economy worth USD 40 billion is to be created in the country. Plug Power had already landed a major order in Europe. The Americans will build a 1-GW electrolyzer in Denmark for the customer H2 Energy Europe. According to Plug Power, this is the world's largest electrolyzer order ever. After the sell-off, Morgan Stanley has now spoken out. The analysts recommend the share with "overweight" and a price target of USD 43. Thus, they consider a doubling of the share price possible.

    Varta: Insider alert before the Annual General Meeting

    The Varta share has also suffered significantly in recent weeks. At around EUR 80, it is now trading as low as it was last in May 2020. Despite this low level, Prof. Dr Michael Tojner has sold shares worth over EUR 22 million. He is chairman of the supervisory board and majority shareholder of the battery group. At the same time, investors are waiting for news about the growth strategy in the field of electromobility and, in particular, a cooperation partner. Perhaps around the upcoming Annual General Meeting taking place on June 21? Because operationally, Varta is also currently being slowed down by the globally disrupted supply chains. Pilot production for large-format lithium-ion round cells is running according to plan, but details about the future have been awaited in vain.

    Shares of hydrogen pure-play Plug Power have taken a significant hit despite good newsflow, but analysts still see potential. The stock of Altech Advanced Materials appears favorable if battery technology can indeed be revolutionized. At Varta, the sales by the majority shareholder at this low level and just before the AGM raises questions. Perhaps these will be answered around June 21?

    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

    Fabian Lorenz

    For more than twenty years, the Cologne native has been intensively involved with the stock market, both professionally and privately. He is particularly passionate about national and international small and micro caps.

    About the author

    Related comments:

    Commented by Juliane Zielonka on April 11th, 2024 | 07:45 CEST

    Innovation made in Europe: Singulus Technologies, Siemens Energy, BASF - which share offers the greatest potential?

    • renewableenergies
    • chemicals
    • Technology

    Companies in Europe, like Singulus Technologies, are leaders in the production of surface materials in future-oriented sectors such as photovoltaics, semiconductors, medical technology and cosmetics. This is reason enough to take a closer look at Europe as a location. The European Commission is determined to push ahead with CO₂ reduction with all its might and subsidize future energies. They would prefer to lock out Chinese companies that produce solar and wind turbines more cost-effectively than Siemens Energy. However, China is also an excellent place to do business. Chemical giant BASF strategically adheres to long-term contracts, in line with the Chinese strategist Sun Tzu. Which share offers the greatest potential for investors?


    Commented by André Will-Laudien on April 9th, 2024 | 07:00 CEST

    Big Tech in focus - get in or get out? 100% with Singulus, caution for Nvidia and Super Micro Computer!

    • bigtech
    • Technology
    • AI
    • chips

    The direction for the second quarter is still uncertain in the stock markets. Big Tech stocks have so far more than met investors' expectations, but they have not risen across the board for two weeks. This is also causing the NASDAQ 100 index to enter a consolidation phase, which delivered a significant downward swing just last Thursday. The global markets are still characterized by ample liquidity and the hope that the central banks will cut interest rates by the early summer. However, the upward movement has become very selective. Fueled by a flood of money for the "Magnificent Seven", other major markets, such as the Nikkei 225 and the DAX 40 index, also reached new highs. However, investors should now be on their guard, as a correction could be lurking after the upcoming dividend round in April. We delve a little deeper.


    Commented by Armin Schulz on April 8th, 2024 | 06:30 CEST

    Volkswagen, Altech Advanced Materials, RWE - Use the dip in electrification companies for your portfolio

    • Technology
    • renewableenergies
    • Energy

    The future is electric. With the growing number of electric vehicles, energy storage technologies are also gaining enormous importance. These technologies form the backbone of a reliable, environmentally friendly energy landscape - they store energy from renewable sources and ensure that electricity flows even when the sun and wind are taking a break. Such progress not only promises a smaller ecological footprint but also a new era of energy independence. We have selected three companies that are helping with electrification.