December 14th, 2020 | 12:54 CET
TUI, Blackrock Gold, ThyssenKrupp - This news will move the share prices
Very different developments have been reported by the Companies mentioned in recent days. In our opinion, this news will also determine the direction of prices in the near future. How should traders and investors position themselves? We took a closer look at these shares.
time to read: 2 minutes
|
Author:
Carsten Mainitz
ISIN:
CA09258M1014 , DE0007500001 , DE000TUAG000
Table of contents:
"[...] We have built one of the largest land packages of any non-producer in the belt at over 440 sq.km and have made more than 25 gold discoveries on the property to date with 5 of these discoveries totaling about 1.1 million ounces of gold resources. [...]" Jared Scharf, CEO, Desert Gold Ventures Inc.
Author
Carsten Mainitz
The native Rhineland-Palatinate has been a passionate market participant for more than 25 years. After studying business administration in Mannheim, he worked as a journalist, in equity sales and many years in equity research.
Tag cloud
Shares cloud
TUI - Further price losses to be expected
On December 2, 2020, the travel group reported that it had reached an agreement with a consortium of banks, KfW and the Economic Stabilization Fund on a further financing package worth EUR 1.8 billion. In retrospect, this agreement came just in time before the upcoming lockdown.
Last Thursday, the Group reported on the fiscal year that ended on September 30, 2020. The figures presented a devastating picture. Revenue slumped by 58%; guest numbers fell by as much as 62%. Operationally, a loss of EUR 3 billion was incurred. The Group's plans to streamline its operations in the future and raise its annual savings targets from EUR 300 to EUR 400 million failed to excite many market participants given the losses incurred and the intangible change processes.
Analysts downgraded the TUI share in succession. The Swiss UBS was particularly negative. The analyst in charge put the share up for sale with a price target of 110 pence (equivalent to EUR 1.20). The share has already lost almost a quarter of its value since the beginning of December. Now that several factors are intensifying negatively (lockdown, low figures and analyst downgrades), the TUI share is likely to head further south. The EUR 3 area has marked the end of the downward movement several times in recent months.
Blackrock Gold - 2021 will be exciting
The exploration Company Blackrock Gold is focusing its efforts exclusively on its two projects, Silver Cloud and Tonopah, in the US state of Nevada. The goal is to discover new, economic gold and silver deposits along established trends or zones of mineralization.
In early December 2020, the Company reported drill results from the DPB zone of the Tonopah project. Several intercepts of high-grade mineralization were encountered, confirming the Company's geological model. Blackrock Gold also announced its intention to establish a resource definition by the end of 2021. Additional drilling programs must be run for this.
After a consolidation that has been ongoing since the summer, the Company is currently valued at CAD 65 million. Rising precious metal prices and, in particular, the newsflow from new drilling programs should boost the share price again next year. Traditionally, the month of December offers good entry opportunities, especially in Canada, as investors exit for tax reasons. It is not uncommon to see a significant price increase already after the turn of the year.
ThyssenKrupp - no state aid
The Group already initiated the strategic realignment in May 2019. But as is so often the case, transformation processes prove to be more protracted than expected and put investors' patience to the test.
The focus is currently on the Group's ailing steel division. On Friday thyssenkrupp reported that the Group was rejecting a state investment. With its strict conditions, the economic stabilization fund is not the right vehicle for restructuring the steel business with equity. The Company now wants to decide by next March on how to proceed with the steel business. If the Group continues with the business, this will entail massive cost reductions and job cuts. Another option is to sell the business. There is currently an offer from the British Liberty Steel.
The stock has recovered significantly from the lows of recent months. The news situation, sentiment and many question marks over the future of the steel business argue for continued weaker share prices.
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.
