Close menu

October 8th, 2021 | 11:28 CEST

Nordex, Desert Gold, TUI - The wind is changing

  • Gold
Photo credits:

The DAX is back on top after a brief but painful correction and the slide below the psychologically important 15,000 mark. Was that it, and is the German stock market barometer preparing for a year-end rally and a renewed jump above the 16,000 mark, or will further price losses follow? A long consolidation phase could also be over for certain individual stocks, just like in the precious metals markets.

time to read: 3 minutes | Author: Stefan Feulner

Table of contents:

    Gold before a new upward wave

    The fact that the precious metal is used both as a crisis currency and as protection against inflation is well known, and it has often been proven in the past. All the more astonishing, despite the current circumstances, there has not yet been a flight into gold or its little brother silver. Currently, the precious metals sector is fundamentally very attractively valued, and many of the companies were able to come up with record figures.

    The shares of the gold mining explorer Desert Gold, for example, shone in the recent past with a strategically significant acquisition. Yet, the stock is still available at a discount of almost 50% compared to its highs in January of this year. The Canadians focus on deposits in the African state of Mali, the fourth-largest gold producer on the African continent.

    The flagship project SMSZ is named after the Shearzone between Senegal and Mali and covers an area of 410 sq km. SMSZ is strike-linked to five major mines north and south, including B2 Gold's Fekola mine, Barrick's Gounkoto and Loulo mines, and Allied Gold's Sadiola and Yatela mines.

    The acquisition of the 30.6 sq km Kolomba concession, which is associated with SMSZ, expanded the zone last month. Desert Gold's CEO, Jared Scharf, calls it a perfect fit for the Company's strategy going forward. With the strategic location of the Kolomba concession and the quality of the exploration targets within its boundaries, Kolomba will be a high priority in the upcoming exploration season.

    The last time Kolomba was worked was in 2003, at which time the gold price stood at USD 363 per ounce. The acquisition features two prospective gold zones. Highlights from past drilling include up to 16.03 g/t gold over 7m, 7.78 g/t gold over 19m, and 3.51 g/t gold over 29m in the Linguekoto West zone. At the second zone, Mogoyafara, past drilling has revealed 2.04 g/t gold over 41m, 20.87 g/t gold over 6m and 1.40 g/t gold over 55m.

    Desert Gold's market value is currently only EUR 12.28 million. Given the quality of the project, the share should benefit disproportionately in the event of an expected long-term increase in the gold price.

    Is the wind turning?

    The never-ending story of wind turbine manufacturer Nordex could come to an end at the current level. Orders after orders have been running across the news tickers for weeks, but the share only knows one way, south. Yesterday's low at EUR 12.64 and a reversal above the EUR 13.00 mark now offer the chance of an end to the negative trend. The next chart resistances are waiting at EUR 14.00.

    Investors were in a positive mood after the announcement of an order from Ukraine. The Hamburg-based Company will supply 10 N149/5.X turbines for the 54.6 MW "Skolivska" wind farm. The order was placed by the Eco-Optima group of companies and also includes a fifteen-year maintenance contract. The start of work is targeted for the spring of next year.

    End of the suffering?

    The tourism industry was undoubtedly one of the losers of the Corona pandemic. Without state aid, it would have been impossible for tourism giant TUI to continue as a going concern. With a capital increase of around EUR 1.1 billion, the Hanover-based Company now wants to tackle refinancing and reducing the use of state loans.

    In the process, the number of shares is to increase by almost half to more than 1.6 billion. Russian investor Alexei Mordashov, who currently holds 32% of TUI, is still on board. He intends to keep his stake constant and subscribe to the corresponding number of shares.

    The share of the tour operator rose by more than 10% to EUR 4.125 in the course of trading. Too much for Nord LB and analyst Wolfgang Donie. With this measure, the Company now provides a little more room to maneuver, but it is still a long way to a healthy balance sheet. His verdict is "sell", and the price target has even been lowered again from EUR 2.70 to EUR 2.60.

    After a correction of several months, the precious metals markets are about to start a new upward wave. The gold mining explorer Desert Gold has high long-term potential with its project. Nordex may have seen its lows, and one should be cautious with TUI despite the positive sentiment.

    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 Stefan Feulner on June 2nd, 2023 | 08:00 CEST

    ThyssenKrupp, Orestone Mining, Nevada Copper - Optimistic about the future

    • Mining
    • Copper
    • Gold
    • Silver

    Overall, copper is an indispensable part of the green transformation due to its excellent electrical conductivity, corrosion resistance and reliability. It enables the efficient use of renewable energies, promotes electromobility and supports sustainable infrastructure development. Due to recession fears, the base price corrected strongly in recent months. In the long term, copper should make a renewed attempt to reach new highs due to high demand and too little supply.


    Commented by Nico Popp on June 1st, 2023 | 07:30 CEST

    The breaking point for the dollar - All new for gold? Barrick Gold, PayPal, Tocvan Ventures

    • Mining
    • Gold

    'Dr. Doom' Nouriel Roubini not only predicted the world financial crisis. The Stern School of Business economist in New York also heralded the Corona Shock. Now Roubini predicts the end of the dollar's supremacy. Here is what that could mean and which companies might even have opportunities as a result.


    Commented by Armin Schulz on May 30th, 2023 | 10:00 CEST

    Barrick Gold, Desert Gold, Deutsche Bank - What happens after the US debt ceiling is lifted?

    • Mining
    • Gold
    • Copper
    • Banking
    • Investments

    In the US, the Democrats and Republicans have agreed on a compromise in the debt dispute. This means that the US can take out more loans, which will ultimately result in an increasing money supply. This could further fuel inflation, while on the other hand, it could boost the gold price. In recent months, the gold price has soared due to the turbulence in the banking sector and was able to mark a new high. Nevertheless, this is remarkable because the FED had raised interest rates significantly, which would typically have tended to argue for a falling gold price. If interest rates do not rise further or even fall, this would be another positive signal for gold. We, therefore, look at 2 gold companies and analyze Deutsche Bank.