January 6th, 2022 | 11:26 CET
The beginning of the end at BioNTech? Positive start for JinkoSolar and Diamcor
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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.
Diamcor Mining growing: Luxury group Tiffany already involved
In recent weeks, India, China and Arab countries have reported high demand for diamonds. And now Israel has published an increasing demand for diamonds - the first in a decade. Imports rose 91% to USD 2.94 billion, and exports rose 54% to USD 3.65 billion. This contrasts with a tight global supply. Many mines have passed their zenith, and new discoveries are scarce. The junior exploration company Diamcor Mining is benefiting from this. The Canadians have a well-established mine in South Africa and extensive experience supplying the world market with rough diamonds. In 2011, Diamcor purchased the Krone-Endora at Venetia project from De Beers. It includes mining rights to the Krone 104 and Endora 66 farms, covering a combined area of approximately 5,888 hectares and directly adjacent to De Beers' flagship Venetia diamond mine in South Africa. Mining costs at Krone-Endora are low as the deposits are located at a maximum total depth of approximately 15 meters. Due to its location directly adjacent to the Venetia mine, the Company also benefits from existing infrastructure. It is not surprising that luxury group Tiffany & Co. has already bought into Diamcor through a subsidiary.
Diamcor has steadily increased its processing volume in the past year. Most recently, an additional 2,925.66 carats of rough diamonds were mined and sold from quarry processing. That is about 175.66 carats above the Company's own estimates as of mid-November. As a result, the number of rough diamonds delivered, tendered and sold in the past quarter increased by 25% to 5,442.57 carats compared to the previous quarter. With the sale of the 5,442.57 carats, Diamcor grossed USD 1,074,780.69, representing an average price of USD 197.48 per carat. Growth is expected to continue in the coming quarters. Interestingly, only 5% of the property is being worked. With the revenue from diamond sales, Diamcor could develop more parts of the Krone-Endora project and grow into a new dimension.
BioNTech: Is Omicron the beginning of the end?
The Omicron variant is setting new records for new COVID-19 infections worldwide, including in the USA. There, the seven-day average has doubled compared to the previous week. "Booster vaccination increases the level of immunity and improves protection against COVID-19 in all age groups for which the booster vaccination has been approved," said BioNTech CEO Ugur Sahin. "In the current situation, it is important to offer the booster vaccination to all eligible individuals, especially in light of emerging variants such as Omicron." The US Food and Drug Administration (FDA) agrees, officially approving the BioNTech vaccine in time for the start of school after the Christmas vacations for children aged 12 to 15.
To date, more than 4.1 million boosters have already been administered per emergency approval. No safety concerns have been raised. In addition, the booster may now be given 5 instead of 6 months after vaccination with two doses. That should keep the Mainz company's coffers ringing in the current year. It cannot be ruled out that analysts will soon have to revise their estimates. On the other hand, the share price is currently burdened because Omicron appears to be causing less severe disease, which could signal the end of the pandemic. Accordingly, the shares of vaccine manufacturers have developed weakly in recent days. Valneva, in particular, has lost massively. Analysts are also somewhat cautious about BioNTech. In December, Morgan Stanley, Jefferies and Deutsche Bank had published hold recommendations for BioNTech shares. Only Berenberg recommended it as a buy with a price target of USD 400.
JinkoSolar: Positive into the new year after the crash
The share of the Chinese solar module manufacturer JinkoSolar has started the new year slightly positive. Recently, the paper had lost significant value within only about 4 weeks and had crashed from EUR 63 to EUR 43. But currently, there is positive news. The IPO of the subsidiary Jiangxi Jinko on the STAR market of the Shanghai stock exchange is taking shape. The registration with the securities regulatory authority CSRC has now been completed. As a result, the IPO can be completed at any time. There is also good news for the solar industry from Germany. The new German government has set itself the goal of increasing installed solar power capacity in Germany from the current level of around 59 gigawatts to 200 gigawatts by 2030. In the future, all suitable roof surfaces are to be used for solar energy generation. However, to achieve this goal, a great deal of bureaucracy must be cut, according to the solar association BSW.
Due to firm supply agreements, BioNTech will again earn very handsomely this year. However, the pipeline of new products will increasingly come to the fore. Diamcor is one of the few diamond miners that can expand production and has a strong partner in Tiffany. JinkoSolar could face a revaluation with a successful IPO of its subsidiary.
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