11. November 2020 | 13:36 CET
Schoeller-Bleckmann, Scottie Resources, TeamViewer: Current trends investors should be aware of
During the great gold rush in the USA and Canada more than 150 years ago, not all fortune seekers profited from the hype surrounding the precious metal. Some made a fortune, and others went away empty-handed. Things went well for shopkeepers along the routes to the west: The gold rush made many wealthy, especially those who had equipment on offer for prospectors. Investors could think similarly regarding the stock of Schoeller-Bleckmann. The Company produces precision parts for the oil and gas industry. Whenever deposits are difficult to reach, oil companies can tap even remote sources with special equipment.
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ISIN: CA81012R1064 , AT0000946652 , DE000A2YN900
Schoeller-Bleckmann: Is the liberation blow coming?
The drilling specialist was struck hard by the corona pandemic. Even before the outbreak of the virus, the oil price was weakening. Some companies put the search for oil on the back burner - this applies especially to deposits that are difficult to reach. Schoeller-Bleckmann felt the effects of this: incoming orders fell by more than forty percent in the first half of the year, and the Company reported a small loss. Looking ahead to the coming quarters, this does not bode well.
On a one-year horizon, the share price fell by almost sixty percent. However, the share price recently rose by nearly ten percent in five days. In the wake of the US presidential election and the prospect of an economic stimulus package, the price of oil has risen. After the sell-off at Schoeller-Bleckmann, a technical recovery was evident. The coming weeks will decide where the share price will go. Investors should still exercise caution.
Scottie Resources continues to develop historic mine
From a short-term perspective, the Scottie Resources share has undergone a rapid movement - the value has been climbing rapidly recently. However, since the gold price is also inconsistent, the development of the young gold share from Canada appears uncertain at first glance. Scottie Resources is currently working on bringing Scottie Mine into operation, a project that produced gold in the 1980s when gold prices were between USD 300 and USD 400. The Company is exploring the surrounding area. Recently, mineralization in excess of 100g/t gold has been identified.
Gold remains widely supported
The Company's market capitalization is slightly more than CAD 50 million, and the cash box still held CAD 4.7 million at the end of September. Equipped with these resources, Scottie Resources plans to continue drilling and further define the resources of its flagship project. Given that the abandoned mine has already been producing at lower gold prices, and that the environment for gold can be described as favorable given the fiscal and monetary support around the world, Scottie Resources has speculative opportunities. As recently pointed out by the experts from US investment house, Clearbridge Investments, support for the unemployed is running out at the end of the year and the new US president must present an economic stimulus package soon, to bring millions of Americans into work.
TeamViewer invests in sales
The TeamViewer share looks to be promising. However, the Corona 'winner' of the first hour has hardly moved in the past months. The annual profit of more than 40% is primarily due to the rally during the first half of the year. Meanwhile, many investors are asking themselves how the value will continue. Although TeamViewer has easy-to-use software and an exciting niche, the competition is fierce. The big players in the industry can develop similar solutions or may already have them.
Every trend comes to an end
To have a big piece of the pie around remote desktop and screen sharing applications in the long run, TeamViewer has recently invested heavily in sales. Whether in the USA, India, China or Japan - TeamViewer is on site. This costs money initially, and success is uncertain. The Company is facing increasing competitive pressure and must first defend the market's advance praise. The upward chances seem to be limited at present. Not every trend continues forever.