Close menu

April 19th, 2021 | 07:19 CEST

q.beyond, Blackrock Silver, Navstone - New name, new focus, undiscovered potential?

  • Silver
Photo credits:

"Everything new, fresh and free is the fair May." This line of text from the song written by Hermann Adam von Kamp some 200 years ago is still a saying today, in a modified form, that stands for change or a new beginning. We have brought you three companies, all of which have recently been given new names, which stand for a shift in business focus, and some cases, even for a completely new start. Where are the undiscovered yield opportunities?

time to read: 5 minutes | Author: Carsten Mainitz
ISIN: DE0005137004 , CA09261Q1072 , NL0009538008

Table of contents:

    Q.BEYOND AG - Profiteer of digitalization

    In May 2020, QSC AG renamed itself q.beyond. QSC went public 21 years ago, almost to the day. The Company wanted to capture a significant share of the market for high-speed Internet access. Back then, SDSL, which today seems more like the "Stone Age" given the 5G perspective. The enormous technological change in the telecommunications and Internet industry has made many business models obsolete over time but has given rise to even more. Topics such as cloud or IoT are among the disruptive trends of digitalization.

    In 2019, the Company sold its stagnating telecommunications business as part of a strategic realignment. With the associated complete repayment of financial liabilities and the available net liquidity, the Company held out the prospect of acquisitions. q.beyond has evolved into a cloud, SAP and IoT specialist. The Company stands out positively in the highly fragmented market due to two aspects. First, q.beyond covers almost the entire digital value chain through combined expertise in cloud, SAP and IoT. Secondly, it is the strategic focus that the Company places on a few industries (including retail, manufacturing, energy) and can demonstrate a great deal of expertise. Another development is also exciting - the Company was recently named top supplier by the EHI Retail Institute for the Zero-Waste Assistant installed at Fressnapf. This sustainability solution aims to reduce merchandise destruction and make predictive price adjustments. This facet represents added value for customers and significantly complements the range of services and increases marketing opportunities. Ultimately, the strategic realignment will be reflected in significantly rising margins in the medium term.

    The figures for the past fiscal year do not yet reflect the success of the transformation. Analysts also expect a loss in the current fiscal year and a return to profitability only in 2022. For a long time, the dividend continuity of EUR 0.03 was considered unshakable. Now, no dividend will be distributed, for the time being, a good decision given losses. All in all, the analysts approve further upside potential for the share. The experts from Warburg are the biggest optimists with a price target of EUR 2.90.

    BLACKROCK SILVER CORP - Commodity guru buys silver

    Investor legend Jim Rogers recently answered in an interview the question of what he was currently investing in: "Silver." Rogers, who founded the legendary hedge fund Quantum Funds together with George in 1970, is referred to by many as a commodity guru, as he predicted a new commodity supercycle before the tech crash a good 20 years ago. But why silver in particular? Rogers cited several reasons for his favorite. Modern Monetary Theory (MMT) is based on the premise that governments no longer reduce their debts in the traditional way but through inflation. In the past, inflation and crises have always led to gold and silver rising as crisis currencies. Whether this argument will be weakened because of cryptocurrencies remains to be seen. Second, the much greater distance of the silver price from the all-time high than gold clearly speaks for silver. Third, Rogers pointed out that silver is also in demand as an industrial metal.

    So if you trust Rogers' good nose and want to "leverage" the investment in silver, you should take a detailed look at the exploration company Blackrock Silver. The Company focuses on the exploration and development of projects in the "silver state" of Nevada. The most significant, historic silver discoveries in the US state included the Comstock Lode and Tonopah Silver District in western Nevada within the so-called Walker Lane Trend. Blackrock Silver's larger project, "Tonopah West," covers an extensive area west of the Tonopah Silver District. Blackrock's objective is to prove the western extension of the District and restore the Tonopah Silver District to a significant producing area. To this end, 40,000 meters are being drilled as part of the current drilling program. The goal is to be able to produce a resource estimate by the end of 2021.

    In early April, the Company announced that it had entered into a land exchange agreement with Nevada Select Royalties and three other landowners. The agreement covers surface use rights of three patented mining concessions covering 14.3 hectares, which were a gap in the Tonopah West concession area and adjacent to the mining concessions where the Company is currently drilling. In exchange for the three patented concessions that allow Blackrock "surface rights" to a depth of 100 feet (30.48 meters) in the new areas, Nevada Select Royalties will receive the rights below 100 feet to approximately 5.5 hectares on the Blackrock properties. The deposit area is fully attributable to Blackrock. There is a lot of potential in the stock and the stock market value of around CAD 101 million is still modest.

    NAVSTONE SE - New start as a real estate company, 45% discount to NAV!

    Navigator Equity Solutions reinvents itself. The m:access listed Company has renamed itself Navstone SE, reflecting its new business focus on "real estate". The Company closed the past fiscal year with low revenues of EUR 0.2 million (previous year: EUR 5.7 million) but still a positive net result of EUR 2.6 million (previous year: EUR 4.2 million). Both figures are mainly attributable to the sale of the investment in the IT Competence Group. Further positive effects arose with the realignment of the investment in net digital AG and the associated share price development.

    The balance sheet showed excellent figures at the end of the year. Equity increased by EUR 1 million to EUR 15.1 million, with a high equity ratio of around 87%. After deducting the shares held in treasury, the net asset value (NAV) is around EUR 3.30 per share. This valuation ratio, which is important for investment companies and real estate companies, shows a significant discount of 45% between the net asset value and the stock market price. Liquidity increased significantly to EUR 13.4 million as of the reporting date (previous year: EUR 9.3 million).

    Navstone is now focusing on the acquisition of high-quality residential portfolios for rental in European growth regions. The current focus is on the greater Dublin area. The Company is also involved in real estate development projects throughout Europe, either as a financing partner or (co-)developer. Given the solid balance sheet and the high cash position, the Company is significantly undervalued at around EUR 12 million and a NAV discount of 45%.

    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

    Carsten Mainitz

    The native Rhineland-Palatinate has been a passionate market participant for more than 25 years. After studying business administration in Mannheim, he worked as a journalist, in equity sales and many years in equity research.

    About the author

    Related comments:

    Commented by Fabian Lorenz on May 9th, 2024 | 08:00 CEST

    Stocks facing revaluation! Nel ASA, Bayer, Power Nickel with potential

    • Mining
    • Gold
    • Silver
    • Nickel
    • Pharma
    • renewableenergies

    Relief for Bayer. In the US, the Company has won a victory in the dispute over compensation for illnesses caused by the chemical PCB. Is it groundbreaking and the start of a revaluation of the share? A revaluation already seems to be underway at Power Nickel. Following sensational drilling results, the share price soared. Surprisingly, gold, silver and copper were also found. Against this backdrop, the share appears to be favorably valued. Does this also apply to Nel? After all, the share price has risen by around 20% in just a few weeks. Is there new hope for the hydrogen pioneer? Or are today's figures from industry peer Plug Power threatening a new sell-off?


    Commented by Stefan Feulner on May 6th, 2024 | 07:00 CEST

    Canopy Growth, Globex Mining and Rock Tech Lithium with strong signals

    • Mining
    • Gold
    • Silver
    • Cannabis
    • Lithium

    Now that the precious metals gold and silver are taking a breather after a rally, other markets are becoming the focus of investor interest. In addition to copper, which is likely to reach new highs in the medium term due to supply shortages, lithium, an industrial metal essential for electromobility, continues to work on bottoming out. However, the highlight of the past week in terms of volatility was cannabis stocks, which are expected to remain in focus in the coming weeks.


    Commented by Stefan Feulner on April 22nd, 2024 | 07:30 CEST

    After Gold and Silver: Nickel on the Move! Kinross Gold, Power Nickel, Royal Gold

    • Mining
    • Gold
    • Silver
    • Nickel

    The geopolitical uncertainties with the escalation between Iran and Israel helped precious metals to further price surges. Despite being technically overbought, gold was able to hold its ground near the USD 2,400 per ounce mark, while silver closed the week with a further gain of around 3%. In the shadow of this, industrial metals are moving into the spotlight after a weak overall year in 2023. Alongside copper, nickel, an important raw material for many low-carbon technologies, has established a solid base in recent months.