Close menu




June 4th, 2021 | 10:19 CEST

Nordex, Deutsche Rohstoff AG, Nikola - Enormous scope for further growth

  • Commodities
Photo credits: pixabay.com

The replacement of fossil fuels by renewable energies is a done deal. The targets for a climate-neutral world are being raised by politicians almost every week. Nevertheless, according to experts, the world will not get by without oil and gas as the primary source of energy in the future. Oil prices continue to climb, trading at around 30% above pre-Corona levels. At the same time, the economic recovery is only just getting underway. Due to global demand, this trend is likely to continue for some time, with significant upside potential for producers.

time to read: 4 minutes | Author: Stefan Feulner
ISIN: DE000A0D6554 , DE000A0XYG76 , US6541101050

Table of contents:


    Deutsche Rohstoff AG - Fully on track

    From a fundamental perspective and in terms of share price performance, Deutsche Rohstoff AG can feel like an absolute winner. With a share price increase of almost 90%, it is among the top 3 shares in the "Scale," the segment of the German Stock Exchange for SME companies. A clever move by the management around CEO Dr. Thomas Gutschlag during the low point of the Corona pandemic made this possible.

    In the second quarter of last year, the latter bought a land package at rock-bottom prices in Wyoming, among other places, during the oil crash, which briefly sent the price hurtling down to USD 12. The pumps are now running at full speed again, and the purchased packages act as a warrant on the results of the Mannheim-based Company. In the first quarter alone, Deutsche Rohstoff AG produced 37% of the oil volume forecast for 2021 for USD 65 per barrel. The figures for the first quarter were accordingly impressive. EBITDA of EUR 21.29 million was significantly higher than revenue of EUR 17.92 million.

    It was possible to achieve this effect because, in addition to new oil fields, the Company built up an investment portfolio of gold and oil shares and bonds during the crisis, which has already been wholly liquidated at a profit. As a result, the total cash, short-term receivables and securities held as fixed and current assets rose to EUR 70.8 million. The bulging cash position is now to be used for further acquisition targets. Strategic investments in critical metals around electromobility, such as copper or lithium, have moved up in the investment focus of Deutsche Rohstoff AG.

    Another treasure, which should be lifted in the coming months, is already in the portfolio. The Company owns 12.8% of Almonty Industries, a mineral explorer that will build the world's largest tungsten mine in South Korea. Financial closing for the project is expected in June. For the next 15 years, a buyer with a guaranteed price floor has already been found in the Austrian Plansee Group. The share price yesterday was EUR 15.95, close to its pre-Corona level. A break of the resistance at EUR 16 would offer short-term potential up to EUR 20.

    Nikola - The disruptor on the upswing

    The starting signal for a rally was given at the end of last week. The crisis-ridden Company, which went public last year via SPAC, received a buy recommendation from the US analyst firm BTIG with a price target of USD 18. Analyst Gregory Lewis sees a future "disruptor of the truck market" in the specialist in the production of battery and fuel cell trucks. Although BTIG expects relatively few deliveries of the Tre battery-electric truck model this year, mass production should start no later than 2022. By fiscal 2024, experts expect sales of electric and hydrogen fuel cell-powered heavy-duty trucks to reach USD 1.4 billion.

    Since GameStop and AMC Entertainment, the recommendation caused an uproar in the Reddit community "r/wallstreetbets" and pushed Nikola into the ranking of the most discussed stocks. The goal of the Redditians is to fight institutional short sellers and ignite a short squeeze. The EV truck specialist has had its share of confrontations with short sellers in the past. Last September, Hindenburg Research accused Nikola of fraud by publishing a report due to several irregularities in the Company, which led to an investigation by regulators. Since then, the stock has lost more than half of its market value and is still one of the most shorted stocks on Wall Street, with a ratio of 34.35%.

    Thus, the best conditions for the community to squeeze the short sellers out of their positions. The efforts of "r/wallstreetbets" are fueled by the current chart situation. Thus, at USD 15.54, the downward trend formed since November 2020 could be broken with high volume. Currently, the price is already quoted around the BTIG coverage at USD 18. The 200-day line is at USD 21.05. If this is broken, the annual high at USD 30.40 is already considered the next price target. Nikola is only for speculative investors. However, should the restructuring of the new management take effect, significantly higher quotations are possible due to the reasons described above.

    Nordex - Trouble looms

    Since the rather sobering quarterly figures, the price of Nordex stock has only known the downward direction. Even positive reports such as a buy recommendation by Nord LB with a target price of EUR 30 fizzled out. The analyst particularly emphasized the order trend, which is likely to continue to be positive due to the expansion of wind power.

    Yesterday's announcement of a further order from Spain for 76.8 megawatts also sent the stock down during the course of the day to EUR 17.44, a drop of 1.5%. Nordex SE is supplying 16 N155/4.8 turbines for the expansion phase of a wind farm in central Spain. The order also includes service and maintenance of the turbines for two years. The order volume was not disclosed. The last chart technical support is now in the area of EUR 17.10. Should this support be torn, prices in the area of EUR 15 are not unlikely.


    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 news.financial. 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 Nico Popp on December 5th, 2022 | 10:14 CET

    Investment stories that inspire: Freyr Battery, Manuka Resources, BASF

    • Mining
    • Commodities
    • Batteries
    • renewableenergies

    In order to be successful with stocks in the current market situation, a thorough analysis of companies and their business models is required. Blanket instructions for action do not lead to success. Investment strategies such as the value approach and the focus on unconditional growth are not guaranteed to lead to success. What matters now are convincing investment stories! We take a look at three stocks that are currently in focus and check their future.

    Read

    Commented by Juliane Zielonka on December 1st, 2022 | 10:44 CET

    Aspermont, Twitter, Apple - Strong numbers, strong visions and marketplace power

    • Digitization
    • Commodities
    • Investments

    The Australian media company for the commodities industry has presented its latest figures. The results are impressive, with total revenue up 17% YOY, among other things. This industry pioneer illustrates just how valuable access to high-quality information can be. Perhaps soon to disappear from the scene is Elon Musk's Twitter: Find out how strong its dependence on the App Store giant is and what impact Apple fees may have on its revenue model here.

    Read

    Commented by André Will-Laudien on November 30th, 2022 | 11:58 CET

    What to buy cheap? BYD and Uniper, BASF and Manuka Resources are on the rise

    • Mining
    • Commodities
    • Electromobility
    • chemicals

    Even if BYD delivers close to 100,000 vehicles to Sixt in the next few years, this is not a guarantee for rising share prices. After all, major shareholder Warren Buffet is divesting his Chinese hobby horse. Does he know more? Is it a portfolio decision, or does he want to preemptively counter possible geopolitical surprises related to Taiwan? We do not know. The fact remains: Buffet has a lot of followers, and that is forcing the BYD price further and further down. Meanwhile, BASF reports good numbers and pushes further north with a seasonally firm DAX - who would have thought? We dive a little deeper.

    Read