02. August 2021 | 13:41 CET
Triumph Gold, Steinhoff, Meyer Burger- Pennystock power for the portfolio!
It is unmistakable that we are at the beginning of high inflation. Even if the central banks want to make us believe that this is only a temporary phenomenon and not that bad - it is bad. Investors can protect their assets by investing in tangible assets such as shares, real estate or precious metals. For those who want a more speculative admixture, the following three stocks are attractive. Who is the outperformer?
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ISIN: TRIUMPH GOLD CORP. | CA8968121043 , STEINHOFF INT.HLDG.EO-_50 | NL0011375019 , MEYER BUR.TECH.NAM.SF-_05 | CH0108503795
"[...] We have a clear strategy for neutralizing sovereign risk in Papua New Guinea. [...]" Matthew Salthouse, CEO, Kainantu Resources
TRIUMPH GOLD CORP - When will the first results of the current drilling program come?
Gold does not yield interest, but it is considered a fail-safe investment and protection in rough stock market times. According to surveys, 25% of all Germans over the age of 18 hold gold. The medium-term prospects for the price development of the precious metal are positive because the prospect of a continuing loose monetary policy of the US Federal Reserve puts pressure on the dollar and is causing the gold price to rise. Currently, the price per ounce is around USD 1,815. Those who want to profit from a rise in the gold price and are looking away from established producers should take a closer look at the shares of Triumph Gold.
Triumph Gold focuses on the development of the Freegold Mountain gold-copper project in the Yukon Territory in northwestern Canada. The Company was able to expand the area a few months ago by acquiring 258 claims adjacent to zones of the 200 sq km Freegold Mountain project. Teck Resources, a Canadian billion-dollar diversified resource company, became a major shareholder as part of the transaction. Phase I of the 2021 diamond drilling program is currently underway at the Freegold Mountain property, covering 8,000 meters. The program's objective is to identify new inferred resources and upgrade inferred resources to indicated resources at both the Nucleus and Revenue deposits. In addition, zones of mineralization outside of the deposit areas are to be discovered and developed.
At a later stage, the Phase II program envisages the further drilling of 8,000 meters on several zones. With a market capitalization of CAD 23 million, the Company is moderately valued. In the course of the current drilling program, positive results could quickly lead to rising share prices.
STEINHOFF INTERNATIONAL HOLDINGS NV - New glimmer of hope?
Since spring, the share price of the South African furniture group has dropped significantly. For several years, the Company has been suffering from the consequences of a massive accounting scandal. Steinhoff has been trying to settle with the injured parties for some time. However, this is proceeding very tenaciously. Now there are new developments that can encourage shareholders. The South Africans increased the settlement offer significantly by 66% to EUR 613 million for injured parties. Due to the positive business development, the Group saw itself in a position to increase the offer noticeably. That should increase the chances of satisfying the creditors' meetings in the Netherlands and South Africa.
MEYER BURGER TECHNOLOGY AG - Important partnership unilaterally terminated
Meyer Burger shareholders in recent years have had to put up with a lot. The manufacturer of machines to produce solar cells and panels was increasing without a chance in the face of competition from China. While sales were still at CHF 1 billion in 2011, they were only CHF 90 million in the last fiscal year. The share price showed a similar development, reaching a low of CHF 0.10 last summer. In the wake of the general recovery of the markets in the last 12 months and a new corporate strategy, the share price was able to rise again significantly to around CHF 0.50.
The Company aims to become the leading supplier of solar modules with the "Made in Europe" label. Production is currently underway at the former Solarworld facilities in eastern Germany and is expected to reach a capacity of 3.6 GW by 2025 and 6.4 GW by 2027. Meyer Burger aims to achieve CHF 400 to 450 million in sales and an EBITDA margin of 25 to 30% as early as 2023. Group sales should reach CHF 2 billion in the medium term with an EBITDA margin of over 30%.
These are very ambitious targets. But the Company is generally said to have a technology lead of several years. Recently, however, the Swiss had to take a severe blow. Oxford PV terminated its exclusive cooperation with Meyer Burger to commercialize its perovskite tandem photovoltaic technology. The Company is now considering legal action. Many market observers see perovskite tandem systems as the future of high-efficiency photovoltaics. The stock reacted negatively to the announcement, and many analysts classified the news as surprising and negative but digestible.
An investment in shares is the right answer to rising inflation. For those who want to take an increased risk and the associated opportunity for high returns, the three titles presented are suitable. Triumph Gold offers the opportunity to participate in a high-potential gold explorer at a moderate valuation. Meyer Burger is exciting given the newly formulated strategy, but also not a sure-fire winner. Steinhoff is a speculation on a settlement with the injured parties of the accounting scandal.