Close menu

December 23rd, 2021 | 14:19 CET

MorphoSys, NanoRepro, Barsele Minerals, Agnico Eagle - Dramatic turnaround as early as 2022!

  • Gold
Photo credits:

After pronounced upswing phases, active market participants often look for the supposedly lagging stocks. This investment strategy sometimes works out, but in most cases, it does not. After all, there are solid reasons why a stock does not participate in the upswing phase on the stock market: poor figures, gloomy prospects or scandals. The reasons why shares fall can be complex, and in most cases, the ownership structure is also an obstacle. But when company stories take a turn for the better, the movements in the share price are noticeable. We provide some ideas for the year 2022.

time to read: 5 minutes | Author: André Will-Laudien
ISIN: MORPHOSYS AG O.N. | DE0006632003 , NANOREPRO AG | DE0006577109 , BARSELE MINERALS | CA0688921083 , AGNICO EAGLE MINES LTD. | CA0084741085

Table of contents:

    MorphoSys - A promising setup for the coming year

    The chart of the biotech-pharma Company has been drawing a long-lasting tale of woe ever since the hoped-for growth driver Constellation Pharmaceuticals was acquired for a whole USD 1.7 billion. At that time, the market capitalization of MorphoSys shares was still around EUR 2.5 billion. Today, the merged group is valued at only EUR 1.17 billion on the stock exchange. Consequently, the MorphoSys share marked a new annual low of EUR 31.50 in December. Now, a strong countermovement, is the tide turning?

    Management is now speaking out at the end of the year. In addition to current study results, there are even indications of a return to profitability in the statements. In an interview with Börsen-Zeitung, CFO Sung Lee said: "We want to become the next big name in European biotechnology. By 2025, we can have two drugs on the market in hematological oncology."

    Thus, from the pipeline, in addition to Monjuvi, perhaps pelabresib could have gained approval by then. MorphoSys only recently published further trial data on the US subsidiary's main hopeful. The drug pelabresib is currently being researched in the fight against myelofibrosis, a rare bone marrow cancer for which treatment has so far been limited. Data from a phase 2 trial presented at the American Society on Hematology (ASH) congress included more patients and a longer follow-up period. The latest results also give MorphoSys confidence in Phase 3, which is already underway.

    The widely followed biotech stock jumped to the top of the gainers list with plus 8% on the announcements. From a chart perspective, MorphoSys could now actually be bottoming out. However, the initial spark to significantly higher prices would technically only occur after overcoming the resistance at about EUR 42. Until then, there is still a gap of 20%. Momentum and RSI are currently turning positive, and the 50-day line is waiting at around EUR 37.50. All in all, the scenario around MorphoSys is worth speculating in our opinion because the heavily battered stock could well become the focus of a larger pharmaceutical company.

    Barsele Minerals - Good progress with Agnico Eagle in Sweden

    For 2022, from today's perspective, one should also look at the Canadian explorer Barsele Minerals in Sweden. The country has shown itself to be a friendly jurisdiction towards the mining industry for years. It also enables smaller commodity companies to push ahead with corresponding exploration projects. The Company's promising property is located about 600 km north of Stockholm, in the mining region of Västerbottens Län in northern Sweden.

    Together with mining giant Agnico Eagle Mines Ltd., the Company is currently working on the development of a deposit with recoverable metals such as silver, lead, zinc and nickel. There is promising news about the 2021 exploration program, which was carried out with the 55% joint venture partner Agnico Eagle. The mining giant can prospectively acquire another 15% in the Barsele project by completing a pre-feasibility study. Barsele does not have to spend any cash until de facto completion, conserving capital reserves.

    Between January and December 2021, Agnico Eagle staff and contractors conducted office and field exploration activities. Diamond drilling conducted from June 2 to July 29 on the 34,533-acre property returned a total of 3,094 meters in 18 completed core holes. Since the end of 2015, a total of 158,439m of overburden has thus been intersected and core taken from a total of 422 drill holes. Assay results show both polymetallic VMS deposits and intrusive hosted orogenic gold deposits. The structurally linked gold mineralized lodes occur mainly in a granodiorite bedrock and to a lesser extent in volcanic and sedimentary rocks. Work will continue in 2022, and Barsele is highly satisfied with the results to date.

    Barsele is managed by the Belcarra Group. The management is convinced of the project's economic potential, and the current market value of around CAD 51 million reflects this expectation. Based on the present potential, a takeover may also be on the cards in 2022.

    NanoRepro - The market understood this differently

    We had not expected this. At the beginning of the week, NanoRepro received a massive sales and profit warning. In the current year, according to new findings, the Marburg-based Company only expects sales of EUR 160 to 175 million, after a low EUR 16.9 million in 2020. EBITDA is expected to increase from EUR 4.7 million to EUR 36 to 48 million, i.e. a tenfold increase at the peak.

    Sounds good, but this significantly reduces the annual forecast from late summer. Management estimated sales of between EUR 250 and 400 million at that time, with the EBITDA forecast at EUR 60 to 100 million. The justification provided speaks of a sharp drop in demand for Corona rapid tests, which has had a lasting impact on NanoRepro's business. With Omicron, however, the pace has noticeably picked up again.

    Unabated, the Company plans to continue to focus strongly on rapid tests in 2022. The forecast for 2022 is sales of EUR 100 to 150 million, of which current orders already cover EUR 42 million, and EBITDA is expected to be EUR 25 to 37 million. Of course, these forecasts are also subject to the anticipation of further pandemic development. In addition to the rapid test offering, NanoRepro intends to complement and expand its portfolio to include products for a post-pandemic world in its quiver. One consolation: For 2021, NanoRepro plans to pay a dividend of EUR 0.50 for the first time.

    The Marburg-based self-diagnostics Company has so far been seen as a profit driver of the pandemic and was one of the stock market darlings in 2021 due to its good positioning in the self-testing market. At its peak, the share price rose to EUR 22.40 in March, but it is falling below the EUR 7 mark with the current news. The investment deal with Viromed is also not working out. Here there were different fantasies due to investment reports. However, the strategic growth scenario no longer seems to be in focus. Therefore, caution at the platform's edge because even the one dividend payment in 2022 does not protect against further price corrections.

    The stock market does not like disappointments and loves positive surprises. At MorphoSys and NanoRepro, we see the effects immediately. Double-digit movements are typical in such an environment. At Barsele Minerals, the project progress is convincing. It could become really interesting again in 2022.

    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

    André Will-Laudien

    Born in Munich, he first studied economics and graduated in business administration at the Ludwig-Maximilians-University in 1995. As he was involved with the stock market at a very early stage, he now has more than 30 years of experience in the capital markets.

    About the author

    Related comments:

    Commented by André Will-Laudien on September 28th, 2023 | 08:05 CEST

    Attention: Extended correction - Buy the right stocks now! Bayer, Viva Gold, TUI, and BASF are on the list!

    • Mining
    • Gold
    • Pharma
    • chemicals
    • travel

    Higher inflation and rising interest rates - this connection should be clear to investors. The interest rate level in Germany has moved from negative territory to 2.77% in the 10-year range, but stocks continued to rise cheerfully. The party led to all-time highs of 16,528 points in July, but the fundamental situation of the companies deteriorated in parallel. Only after repeated warnings from the US Federal Reserve did the explosive NASDAQ also enter a correction. And it continues. Yesterday, the CEO of US investment bank JPMorgan, Dimon, warned that the world may not be prepared for 7% capital market interest rates. He and Dr. Jens Erhardt, the CEO of the asset management company DJE, warn of stronger setbacks on the stock markets. Some stocks have already undergone a strong correction. Here is a brief overview.


    Commented by Nico Popp on September 26th, 2023 | 07:20 CEST

    Dry spell despite the Housing Summit? New safe havens ahead! Aroundtown, Vonovia, Globex Mining

    • Mining
    • Gold
    • RealEstate

    Shares in real estate companies are once again on the rise. The reason: the interest rate break is here, and with it, the hope of falling capital costs. At the same time, industry representatives and the German government are struggling to find solutions at the Housing Summit. We shed light on the current situation in the real estate market, explain why politicians' promises are of little use and highlight alternatives in an industry that is currently in vogue for several reasons.


    Commented by André Will-Laudien on September 25th, 2023 | 08:35 CEST

    Make a return instead of sitting on the sidelines! Nel ASA, Desert Gold or Nikola Motors - Who belongs on the buy list?

    • Mining
    • Gold
    • Hydrogen
    • Inflation

    Despite the bull market, the hydrogen sector is feeling the global investment slump, not to mention precious metals. Once again, the US Federal Reserve has issued warnings on the inflation front, but this time, after 11 consecutive hikes, it has not turned the interest rate screw. The refinancing rate remains at 5.5%, but the accompanying wording has greatly unsettled the markets. Capital market rates shot up, reaching a whopping 4.55% for 30-year US Treasury bonds - the highest level in 10 years. We take a look at values that have fallen sharply. Where can adequate yields be expected?