06. January 2021 | 17:30 CET
Palantir, Silver Viper, TUI - the timing is crucial!
Gold and silver are bullish again. While the two precious metals provided investors with returns of 20% in each of the past two years, the trend stalled somewhat from August onwards. The correction was due to brightening sentiment regarding the Corona pandemic, significant successes in vaccine research, and the voting out of the Donald Trump administration in the United States. What remains, however, is the sharp rise in sovereign debt issues and extremely low interest rates.
time to read: 3 minutes by Stefan Feulner
Both gold and silver stocks suffered sometimes heavy losses in line with the precious metals themselves. For most companies, however, these losses by no means reflect the fundamentals. For example, junior explorer Silver Viper is proceeding like clockwork. The Company explores for gold and silver in Sonora, Mexico and is currently operating its La Virginia gold-silver project, which was once owned by Pan American Silver Corp. The former owners had previously drilled 188 holes totalling 52,000 meters between 2010 and 2012. Silver Viper is using this historical data to define new target drilling. High-grade precious metal grades have been identified in the El Rubi zone in recent months.
Further path secured
As a result of a capital increase completed last fall, there is nearly CAD 3.5 million in the Canadians' savings account as of the end of December 2020. In mid-December, very positive news came confirming the El Rubi zone's high silver and gold grades. Further drilling showed a southern extension of the mineralized zone as well as the continuation of existing mineralization trends. Furthermore, management reported that test results should also indicate a high recovery rate of precious metals. With the excellent cash cushion, the Company will significantly expand exploration work for 2021. At the moment, Silver Viper shares, which are also traded in Germany, are available for CAD 0.48. Before the correction, the value was still at CAD 0.85. The stock market value is just under EUR 16.0 million.
New chance with Big Brother
Data is the gold of the 21st century. Based on this, Palantir could be categorized as a gold explorer. The US software developer based in Palo Alto, California, specializes in so-called data mining, prospecting for data, and the analysis and storage of large amounts of data. After a brilliant stock market debut, things went steeply upwards for the Big Data specialist. From under USD 10.0, the value rose to a peak of USD 33.0. The subsequent correction then led back to the support area at USD 22.0. If one looks at the abundance of high-ranking customers' orders, this level should offer an exciting buying opportunity.
Clients of the best kind
The US clients are among the top players in both the public and private sectors. In addition to collaborations with intelligence agencies such as the CIA and NSA, and the US military, the US announced the signing of a multi-million dollar, three-year contract with the US Food and Drug Administration. Closer cooperation with Greece was also agreed. Yesterday, a USD 22.5 million one-year contract was signed with Japanese firm SOMPO Holdings for the "Real Data Platform for Security, Health and Wellbeing." Palantir is still deep in the red. However, the Company is unique in its end-to-end platform and data integration, visualization and analysis. Therefore, another multiplication would not come as a surprise.
The German government has already given financial aid to TUI twice before. In April, the development bank KfW granted the Group a loan of EUR 1.8 billion. In August the tourism giant agreed with Berlin on a different stabilization package totalling EUR 1.2 billion. However, due to the ongoing Corona pandemic and the loss of winter business, this is not enough. The state is now increasing by a further EUR 1.3 billion.
Major shareholder stands ready
With the third package, shareholders are shouldering part of the aid for the first time. The new share certificates can be subscribed to in Germany from January 8 at a price of EUR 1.07. As the issue price is below the previous nominal value of EUR 2.56, TUI had to reduce the share capital for the capital increase. Should not enough shareholders or private investors take hold of the stock, which has collapsed due to the crisis, the Russian TUI major shareholder Alexej Mordaschow would increase its stake from currently just under 25 to up to 36 percent. The financial supervisory authority BaFin exempted his Company Unifirm from the obligation to make a takeover bid to all shareholders if the threshold of 30 percent is exceeded.