Close menu




June 16th, 2021 | 11:25 CEST

Nordex, Theta Gold Mines, SAP - Decision day!

  • Gold
Photo credits: pixabay.com

The more rapid than expected rise in inflation is causing increasing concern among market participants. The head of the US Federal Reserve, Jerome Powell, repeatedly pointed out that the FED wants to stick to the loose monetary policy despite the currently growing price increases. Tonight, the Federal Open Market Committee meets. According to reports, more and more members favor an earlier rate hike, which would have serious consequences for the economy and the stock market.

time to read: 3 minutes | Author: Stefan Feulner
ISIN: DE000A0D6554 , AU0000035701 , DE0007164600

Table of contents:


    Theta Gold Mines - Many irons in the fire

    Rising interest rates would be poison for heavily indebted governments and corporations in the current environment. The trillion-dollar stimulus packages put in place by US President Joe Biden to jumpstart the economy are based on the assumption that interest rates will remain at zero, as they are right now. The majority of experts see the inflation that is currently skyrocketing as temporary and therefore do not expect the central banks to act quickly concerning tapering or even interest rate hikes. The status quo with high inflation, growing government debt and meager interest rates is the breeding ground for a further increase in the price of gold.

    Due to the calls for an increase in key interest rates, the price, which almost broke through its key resistance level at USD 1,920 to the upside after the low at USD 1,680, fell below its support at USD 1,875 at the beginning of the week. The sell-off has left the price of the precious metal at USD 1,864. Danger threatens should the support level at USD 1,848 topple. Should this prominent mark also not hold, a decline to the area around USD 1,810 would be the logical consequence. On the upside, the chart picture would only brighten up again if the USD 1,890 and then consequently the USD 1,920 mark were exceeded. Due to the fundamental framework conditions, we see a further short-term correction in the uptrend in the current development and expect prices above the USD 2,000 threshold before the end of this year.

    The correction that has been underway in the precious yellow metal since August 2020 has caused shares of gold producers and exploration companies to correct sharply. As a result, many companies have attractive entry opportunities with the prospect of disproportionate price gains. Theta Gold Mines is interesting for several reasons. On the one hand, the board of the exploration Company includes top managers with decades of mining experience who have held positions at big names such as Harmony Gold or Jupiter Mines. Secondly, Theta Gold's properties offer enormous potential. The Company owns over 62,000 hectares of gold mining claims covering most of the Eastern Transvaal Gold Fields, approximately 350 km east of Johannesburg. By targeting high-grade, near-surface gold reef deposits at the Pilgrims Rest and Sabie Gold Fields, management plans to produce over 350,000 ounces of gold through modern mining and gold processing techniques.

    In total, Theta Gold Mines owns 43 historic mines. In order to generate a sustainable cash flow, the development of initially three mines in underground mining will be started step by step. Theta Gold Mines plans to mine 160,000 ounces of gold per year and start production in 2022. Highlighted are the favorable production costs, which range at USD 950 per ounce of gold. The stock is traded on the Nasdaq OTCQX Best Market and Frankfurt. The shareholder structure consists of more than 60% institutional investors. Currently, the stock is trading at USD 0.18. A study by Zacks Small Cap Research sees a fair value of USD 0.69 for the Company.

    A detailed interview with the Chairman of Theta Gold Mines, Bill Guy, can be read here:

    Step in the right direction

    A liberating blow for wind turbine manufacturer Nordex or just a short flash in the pan? At least the share price, which marked a new annual low of EUR 16.59 the previous day, was able to put the brakes on its downward spiral. The reason for this was the Company's announcement that they are about to receive an order in Australia, which is to be signed and sealed in the next few weeks. The negotiations, which are in the final stages, involve the delivery and installation of up to 180 Nordex N163/5.X Delta4000 series wind turbines for the MacIntyre wind development site of Spain's Acciona Energia in the Australian state of Queensland. The total capacity, which is scheduled to go into operation in 2024, is around 1,026 megawatts.

    From a chart perspective, there is still no all-clear to report. The follow-up purchases already weakened again yesterday. Should the price again target a new low for the year, a slide into the support area initially of EUR 14 is not impossible.

    Interesting constellation

    SAP and TeamViewer intend to pursue joint paths to accelerate the digital transformation in the industry, including joint marketing activities, a broader offering, and customized solutions. Accordingly, TeamViewer will be integrated into the SAP program. In addition, the Frontline software suite is to be integrated into SAP solutions. The Walldorf share price is close to a buy signal at EUR 121.44. In addition, at EUR 122.88, the gap torn by the disappointing quarterly figures would be closed.


    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 Stefan Feulner on May 18th, 2022 | 11:37 CEST

    Barrick Gold, Desert Gold, Newmont - Golden times

    • Gold

    The situation with gold is more than paradoxical at the moment. On the one hand, the Ukraine war is raging with the threat of spreading to other countries. On top of that, inflation rates are jumping to levels the world has not seen in more than 30 years. As the icing on the cake, the Zero-Covid lockdowns in China are hampering supply chains that are already broken. Gold should therefore explode. However, the reality is different. The precious yellow metal is currently struggling to reach the USD 1,800 per ounce mark. However, the crisis currency is likely to prevail in the long term and pave its way above new highs.

    Read

    Commented by Fabian Lorenz on May 12th, 2022 | 11:12 CEST

    BioNTech, BYD and Desert Gold: Shares for the rebound

    • Gold
    • Electromobility
    • Biotechnology

    Is the rebound coming? After the heavy price losses of recent days and weeks, the market seems ripe for a countermovement. However, this would require a little more volume in the market. But then, especially companies that have not disappointed operationally should profit. BioNTech, for example, belongs to this group. The Company has published convincing figures, and analysts see up to 50% price potential. BYD's share price should also pick up speed again. Finally, the rapid shift to electric pureplay seems to be succeeding and HSBC has raised the price target. Gold was not a safe haven in the current correction. But it is worth looking at bombed-out stocks here as well. Desert Gold Ventures is one of them. The explorer has started a new drill program and secured financing.

    Read

    Commented by Armin Schulz on May 6th, 2022 | 10:43 CEST

    Barrick Gold, Edgemont Gold, Rio Tinto - Are gold stocks taking off again?

    • Gold

    With the start of the Ukraine crisis, the gold price skyrocketed, but since March 8, we find ourselves in a consolidation. The 200-day line is currently holding, and it could go up again from here. But let's look at the reasons for the weakness in the gold price. On the one hand, there is the strong dollar, which naturally puts pressure on the gold price, and on the other hand, bond yields in the US are climbing again. After the FED announced on May 4 that it would not raise interest rates by more than 0.5 percentage points, which was originally feared, the gold price jumped again. Demand for physical gold remains high. We look at three companies in the gold sector.

    Read