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 André Will-Laudien on September 30th, 2022 | 12:36 CEST

    Higher, faster, further: BYD, Infinity Stone, Porsche, Varta - The energy transition stock portfolio is wanted!

    • Mining
    • Gold
    • Electromobility
    • GreenTech

    The words "energy turnaround" are used a lot in public. The majority understand it to mean the use of GreenTech to generate energy while avoiding dangerous climate gases. Unfortunately, the leaks from the Nord Stream 2 pipeline, which is not in operation, are leaking the amount of gas into the atmosphere every day that the state of Denmark consumes in an entire week. This makes us painfully aware of how strongly warlike actions counteract efforts to save the climate. On the stock market, it is important to turn our gaze away from current events and toward a more peaceful future, where good ideas for sustainable change will also be rewarded. Which stocks belong in the portfolio?


    Commented by Juliane Zielonka on September 29th, 2022 | 10:57 CEST

    Barsele Minerals, K+S, BYD - Sweden as a crisis winner?

    • Mining
    • Gold
    • fertilizer
    • Electromobility

    Due to the explosions in the Baltic Sea pipelines Nord Stream 1 and 2, a switch to other energy sources is inevitable, especially for German industry. Fertilizer producer K+S, based in Kassel, is affected by this. The situation is different with Barsele Minerals. The Canadian company is exploring large gold areas in sunny Sweden and plans to mine up to 3.5 million ounces of the precious metal in the future. Electric car and battery manufacturer BYD, on the other hand, has sufficient resources in its home country of China and is preparing to make the leap into the European market. Find out here which shares are now defying the crisis.


    Commented by Stefan Feulner on September 27th, 2022 | 13:47 CEST

    Barrick Gold, Tocvan Ventures, Newmont, Glencore - Long-term positioning in gold makes sense

    • Mining
    • Gold
    • Commodities
    • Investments

    The FED's recent interest rate hikes and Chairman Jerome Powell's statement sent both equity and precious metals markets into the valley of tears. By all means, the monetary guardians want to curb rampant inflation. Whether this will succeed seems at least questionable. After all, it should not be forgotten that this would put an end to the already sputtering engine of the global economy. In addition, many already highly indebted countries are falling into ever greater problems due to higher interest payments. Thus, it is time to take a long-term, anticyclical position in the precious metals sector.