Menu

Recent Interviews

Justin Reid, President and CEO, Troilus Gold Corp.

Justin Reid
President and CEO | Troilus Gold Corp.
36 Lombard Street, Floor 4, M5C 2X3 Toronto, Ontario (CAN)

info@troilusgold.com

+1 (647) 276-0050

Interview Troilus Gold: "We are convinced that Troilus is more than just a mine".


John Jeffrey, CEO, Saturn Oil + Gas Inc.

John Jeffrey
CEO | Saturn Oil + Gas Inc.
Suite 1000 - 207 9 Ave SW, T2P 1K3 Calgary (CAN)

info@saturnoil.com

+1-587-392-7900

Saturn Oil + Gas CEO John Jeffrey: "Acquisition has increased production by 2,000%"


Gary Cope, President and CEO, Barsele Minerals

Gary Cope
President and CEO | Barsele Minerals
Suite 1130 - 1055 W. Hastings Street, V6E 2E9 Vancouver (CAN)

info@barseleminerals.com

+1(604) 687-8566

Interview Barsele Minerals: 'I have never seen a project with such good general conditions'.


05. March 2021 | 10:35 CET

Steinhoff, Upco International, ProSiebenSat.1 - Facing a turnaround?

  • Investments
Photo credits: pixabay.com

Are the stock indices at the turning point? Although the DAX once again reached new all-time highs this week, there was a lack of momentum to confirm them. A correction is already underway in tech stocks. The market for smartphone payments is also on the move. The Corona pandemic has reinforced the movement away from cash to contactless payment methods. The winners are companies that link multiple business areas.

time to read: 3 minutes by Stefan Feulner
ISIN: NL0011375019 , CA9152971052 , DE000PSM7770


 

Author

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


On the pulse of time

Absolutely on trend is cloud-based wireless Company Upco International. The Canadians, who shot up the turnaround at the beginning of last year with a change in management and strategy, are focusing strictly on two separate business segments. The Wholesale Division can be equated with traditional telecommunications wholesaling. By pooling smaller customers, better contract terms can be achieved with international telecommunications providers for cross-border telephone traffic. The Wholesale Telecom segment is coordinated by Upco International but managed operationally by dedicated companies that will be integrated into the Upco Group of Companies over time. Here, the aim is to grow inorganically through new acquisitions. Two purchases have already been made in the past year.

Scaling through linking

Of course, the wholesale area is also intended to acquire new customers who can then use all the apps of the Upco Group. In this way, users are to be converted into paying customers. Paid services are offered in the second division, Digital Services: Voice and data services, digital payments and money transfers. Voice and data services such as Voice over IP and chats will be handled by UpcoNet, while UpcoPay will handle digital payments.

Transaction via blockchain

UpcoPay, which runs on a blockchain-based direct payment method between individuals or people and merchants, is modular and will be highly scaled up before the end of 2021. Thus, it will be possible to load money, process payments, or even transfer foreign exchange without setting up an account or entering sensitive banking information. Later this year, Upco users in Europe should then be able to use UpcoPay to send and receive money easily, securely, and without using a credit or debit card and much more cheaply than competitors such as Western Union or PayPal.

UpcoPay is set to launch across Europe with Finnish partner Enfuce. After the share performed very well last year, the previous high of EUR 0.30 was reached at the beginning of February. Since then, the stock has been correcting and is looking for its bottom at EUR 0.20. In the long term, the Company's strategy is promising but also fraught with risks.

Further steps

Since 2017, retail giant Steinhoff has been dealing with the effects of the accounting scandal. Sales were incorrectly booked, which meant that significant special write-offs were necessary. In addition, incorrect balance sheets had to be corrected retrospectively. If the public prosecutor's office has its way, three top managers will now have to defend themselves before a German court on suspicion of accounting manipulation worth billions. According to the indictment, the charges relate to balance sheet manipulation through fictitious transactions totaling more than EUR 1.5 billion. In addition, real estate is said to have been overvalued by EUR 820 million. The Oldenburg public prosecutor's office brought charges of misrepresentation in balance sheets.

In total, more than EUR 6 billion are missing from the balance sheet, and the former managers are said to be responsible for the fact that the book profits from the fictitious transactions were included in the balance sheets. Currently, the new management is trying everything to structure the Group, which was worth more than 20 billion at the time. To achieve this, pearls such as "Poco" low-cost furniture stores or the Austrian "Kika" furniture store were sold. An investment in the Steinhoff share is only for hard-core gamblers. All others: Hands off!

ProSiebenSat.1 - Significant drop in sales

In contrast to the first quarter, there is expected to be a significant downturn in sales compared with the same period last year. Management anticipates a mid-single-digit percentage decline in revenues. In addition, advertising revenues are expected to shrink by a low double-digit percentage. On the other hand, for the full year, 2 to 7% revenue growth is expected. Advertising revenues are expected to be between minus 2 and 4%. The disappointing outlook caused disgruntlement among investors, with the share price falling by more than 5% in the meantime. Analysts, on the other hand, were divided. While Barclays described the outlook as weak, Goldman Sachs was satisfied. Overall, the targets were below analysts' expectations.


Author

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



Conflict of interest & risk note

In accordance with §34b WpHG we would like to point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH may hold long or short positions in the aforementioned companies and that there may therefore be a conflict of interest. Apaton Finance GmbH may have a paid contractual relationship with the company, which is reported on in the context of the Apaton Finance GmbH Internet offer as well as in the social media, on partner sites or in e-mail messages. Further details can be found in our Conflict of Interest & Risk Disclosure.


Related comments:

29. July 2021 | 13:56 CET | by André Will-Laudien

Alibaba, Memiontec, MorphoSys - Now the rally after the sell-off!

  • Investments

The regulator's pressure is getting bigger and bigger. China has tightened the thumbscrews on technology giants and especially their online education companies - triggering a stock market quake on its own stock market. In some cases, well-known tech stocks lost double digits, even though the affected areas only affect fractions of annual sales. Government regulation of the USD 100 billion-plus education market is likely to weaken confidence in China's stock markets for the long term. And the fact that China's trade relations with the US have also reached a low point does not make things any better. Are there still opportunities?

Read

28. July 2021 | 10:14 CET | by Nico Popp

Barrick Gold, Mineworx, TUI: Summertime is investment time

  • Investments

Invest or consume? Given the difficult months many of us have had, it would be understandable to unwind now: sun, beach and sea beckon despite rising numbers. But it may also make sense to think more long-term in the face of rapid change. Central banks are allowing more inflation and the printing press continues to run fast. Especially in the current summer lethargy, this can be an opportunity for people with foresight.

Read

26. July 2021 | 12:18 CET | by Stefan Feulner

Twitter, wallstreet:online, Snap - Rally or Crash?

  • Investments

What is next for the global stock markets? Several experts are already passing around price targets of 20,000 points for the DAX due to a lack of investment alternatives. At the same time, the bear camp sees the bursting of the bubble, which was created by the massive financial injections of the FED, coming our way as early as this summer and predicts a crash of unimagined proportions.

Read