Close menu




January 4th, 2022 | 07:19 CET

Steinhoff, TeamViewer, CoinSmart: With hope and despair into the new year!

  • crypto
Photo credits: pixabay.com

Hope and despair can exist close to each other. The same is true for the stock market. In the case of Steinhoff, there have been positive reports in recent months. It seems that the German-South African group can be saved after all. Accordingly, the share has multiplied. The security of CoinSmart is still far away from this. But there are good reasons why the price of the crypto platform could rise this year. There was certainly despair among one or the other shareholder of TeamViewer in 2021. The Company has forward-looking software but has squandered a lot of trust. Read more here.

time to read: 3 minutes | Author: Fabian Lorenz
ISIN: STEINHOFF INT.HLDG.EO-_50 | NL0011375019 , TEAMVIEWER AG INH O.N. | DE000A2YN900 , Coinsmart Financial Inc. | CA19260N1042

Table of contents:


    CoinSmart: Is the game-changer coming in Q1?

    Low valuation, high growth, regulatory frontrunner and positive news in the pipeline: Based on this mix, CoinSmart is worth a look. The Canadian-based crypto platform operates in over 40 countries and is a full-service digital currency provider. In addition to crypto trading, CoinSmart also wants to offer credit cards, tokenization of tangible assets, NFTs, and derivatives and margin trading for active traders. In doing so, CoinSmart relies on regulation by local authorities. Only clear and transparent regulation ensures trust among customers and authorities and thus enables long-term growth. CoinSmart seems to be on the right track: in the first 10 months of 2021, customers increased from 26,500 to 158,600. The market capitalization is around EUR 40 million. Coinsmart's growth plans are ambitious. After a turnover of CAD 0.9 million in the current year, it is expected to be CAD 17.09 million in 2023. Therefore, the valuation seems favorable within the peer. Voyager's P/S is over 10, and at Netcoins, it is around 14, even if the companies do not follow completely identical business models.

    There is important news coming up in the next few weeks. The next milestone is said to be a chatbot with artificial intelligence. CoinSmart CEO Justin Hartzman gave details in an interview in early December 2021: "The technology will be deployed in the next three months and is a game-changer for customer service. The software understands what customers are up to and analyzes movements on the website, previous searches, etc. In this way, the software can use AI to grasp even complex interrelationships and point out possible solutions. At the same time, we also uncover usability weaknesses in this way. As mentioned earlier, we aim to ensure that users always reach their goal easily and without obstacles." The full interview can be found here (https://news.financial/interviews/coinsmart-interview-this-crypto-platform-is-unique).

    TeamViewer: When will the turnaround come?

    TeamViewer shareholders would certainly be happy to hear positive company news. The share was one of the disappointments of the past year. Yet TeamViewer is active in an exciting market. The Company offers cloud-based software that enables users to collaborate online and provide remote support globally. Its services range from remote support of customers or employees to location-independent control, monitoring and managing equipment or complex machines and instruments to workflows supported by augmented reality. But last year, the Company gambled away a lot of trust and even had to vacate its place in the STOXX Europe 600 shortly before Christmas. Before that, there had already been several profit warnings, a controversial sponsorship deal with Manchester United, and the CFO's departure. The share price is currently hovering around EUR 11 to EUR 12 and is increasingly becoming the plaything of gamblers.

    Steinhoff: Are the gamblers right?

    Are the gamblers at Steinhoff right? The papers of the ailing retailer have multiplied in the past year. Not without reasons. Operationally, things seem to be going in the right direction. The German-South African group reported positive business developments of its subsidiaries, such as Pepkor. However, the legacy issues surrounding the accounting scandal smoldering since the end of 2017 have not yet been resolved. However, solutions seem to be found. Between Christmas and New Year's Eve, Steinhoff announced that it had reached a settlement in its legal dispute with creditors. The dispute with the former Tekkie Town majority owners had already been settled in mid-December. The plaintiffs had sold their shares in Tekkie Town to Steinhoff in 2016, received shares in the German-South African group in return, and thus essentially lost their assets just one year later. An important showdown will take place on January 24, 2022. That is when the Western Cape High Court will hear arguments in favor of recognizing the main settlement. So gamblers will get more food for thought at Steinhoff.


    CoinSmart is an interesting bet on the crypto market and with an exciting newsflow in Q1. TeamViewer needs to convince operationally first to be able to win back trust. Steinhoff seems to be on a good path to closing the chapter on insolvency.


    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

    Fabian Lorenz

    For more than twenty years, the Cologne native has been intensively involved with the stock market, both professionally and privately. He is particularly passionate about national and international small and micro caps.

    About the author



    Related comments:

    Commented by Stefan Feulner on January 17th, 2023 | 16:27 CET

    Niiio Finance, Aspermont, MicroStrategy - Digital turn of the times

    • Fintech
    • Digitization
    • Bitcoin
    • crypto

    Digitization is one of the most radical processes of change humanity is currently going through. Hardly any industry is left out of the transformation. The Internet of Things, artificial intelligence, blockchain or Industry 4.0. are common terms that have already found their way into our lives. The financial industry is also facing tremendous upheavals. Thus, novel, highly scalable business models are emerging that could replace those of traditional banks in the future.

    Read

    Commented by Juliane Zielonka on December 9th, 2022 | 11:26 CET

    Pathfinder Ventures, TUI, PayPal - The travel industry is booming, and crypto is following suit

    • Travel
    • crypto
    • Investments

    After two years off, the wait is over! The travel industry is booming, and so are the companies in this segment. Leading the way is Pathfinder Ventures, a Canadian company in the expandable niche of modern nature-recreation resorts for RV lovers and campers. Sales increased by a whopping 19% in Q3 2022 compared to the previous year. Hanover-based TUI AG is also testing other niches. The Company is known for luxury travel and cruises and is striving for new target groups in the low-budget segment. Together with easyJet Holidays, they are rolling out a digital experience platform for experiences at vacation destinations. To be fluid wherever they go, many use the PayPal payment service. The US company is now rolling out cryptocurrencies in Luxembourg. Read what exactly this means for investors here.

    Read

    Commented by Stefan Feulner on September 16th, 2022 | 10:42 CEST

    Barrick Gold, Desert Gold, MicroStrategy - Catch a falling knife!

    • Mining
    • Gold
    • crypto

    The recently published inflation data from the US sent not only the stock markets into the basement. Even the oil price, which has been bullish of late, went down. Precious metals, as well as cryptocurrencies, suffered the most from the inflation shock. With the US Federal Reserve meeting next week and the expectation of a significant interest rate step, new lows for the year could be marked for these two assets in particular, and a further sell-off could occur. However, it seems unlikely that further major interest rate hikes will take place in the medium term, as this would tend to favor a hard landing of the global economy. Thus, with an anti-cyclical entry, the chances of long-term price gains increase.

    Read