Close menu

November 25th, 2022 | 23:16 CET

Viromed Medical AG, Encavis AG, K+S - The foundation is laid

  • Covid19
  • Investments
Photo credits:

For weeks now, the most important stock markets around the globe have been on an upward trend. What was initially only declared as a countermovement in the overriding downward movement could now be the start of a more pronounced year-end rally. While indices such as the DAX and the Dow Jones have already managed to break out of the downtrends they have been following since the start of the Ukraine war, smaller stocks, in particular, still offer considerable catch-up potential.

time to read: 5 minutes | Author: Stefan Feulner
ISIN: viromed medical AG | DE000A3MQR65 , ENCAVIS AG INH. O.N. | DE0006095003 , K+S AG NA O.N. | DE000KSAG888

Table of contents:

    Jared Scharf, CEO, Desert Gold Ventures Inc.
    "[...] We have built one of the largest land packages of any non-producer in the belt at over 440 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.

    Full interview


    Encavis AG - Buy, Buy!

    The outlook for MDAX-listed Encavis, a producer of electricity from renewable energies, is clearly positive. As one of the leading independent power producers, the Hamburg-based company acquires and operates solar and wind parks throughout Europe. Encavis increased sales by 33% YOY in the third quarter to EUR 128 million. EBITDA growth was as high as 38% compared to Q3 2021 to EUR 101 million. Given the current plans to skim electricity market revenues, the Company has set aside provisions of EUR 30.3 million as a precautionary measure. Still, it continues to expect the Company to develop positively. Solar and wind parks with an output of 180 MW were connected to the grid in the first nine months.

    The product portfolio has now been expanded again with the purchase of a solar park in Sweden. As part of its partnership with the Norwegian solar park developer Solgrid AS, a second solar park has now been acquired. The total capacity is around 14 MW. It is scheduled to be connected to the grid in the third quarter of the coming year. In addition, the two partners plan to build further solar parks with a total capacity of over 100 MW. The analysts at DZ Bank also see the Encavis share as a buy. After the figures, their price target of EUR 24 and the "buy" vote was reiterated. The experts of the Hamburg-based private bank Berenberg come to the same conclusion. The price target remains at EUR 24, and the rating remains at "buy". The current share price is EUR 19.90.

    Viromed Medical AG - Promising sales start

    The foundation for a successful stock market future has been laid. With the registration of the resolutions of the extraordinary general meeting of the sales company of the Viromed Group, which at that time still operated as Fonterelli SPAC 2 AG, Viromed Medical GmbH was brought in as a contribution in kind. The Company's new name, which is listed in Düsseldorf and on the open market, is Viromed Medical AG. A total of 20,250,000 shares were issued, which equates to a stock market value of EUR 101.25 million.

    The valuation appears reasonable, with 2021 sales at EUR 133.60 million and after-tax earnings at EUR 24.9 million. Moreover, with regard to the product pipeline, sales should be able to be lifted significantly in the near future. In recent years, self-tests against the SARS-CoV-2 virus were the best-selling products, generating sales of 100 million units alone, and 4,000 units of the VitaLab rapid analysis device were in continuous use.

    The management now has high hopes for the anti-viral nasal spray VirX, which successfully contributed to the fight against the Corona pandemic in Israel and eliminated the mandatory mask requirement there. Viromed Medical GmbH holds exclusive rights for the DACH region, and expansion to Europe is likely only a matter of time. Clinical studies - the phase 3 study has already been published in renowned specialist publications - show that in Corona-infected patients, 94% of the virus with the previously known variants disappeared within 24 hours and 99% after 48 hours after the use of the new VirX spray. A test sale of around 100,000 units via the Company's own sales platform and partner sites such as Amazon has already been carried out, and the nasal spray, which is said to cost around EUR 25, sold out quickly. The margin, which is said to be more than 50% of the sales price, is also high.

    Given Viromed Medical AG's long-standing distribution network, sales in the seven-digit range should not be a utopia. The Company has a broad customer base in the DACH region, including various DAX companies such as Volkswagen and Lufthansa, German states and the Federal Ministry of Health, 1,100 hospitals, 7,000 pharmacies and 11,000 medical practices.

    Another asset of the Pinneberg-based company is its innovative treatment methodology for wound healing using cold plasma technology. In Germany alone, the market for chronic wound healing is estimated at around EUR 12 billion, with annual growth of 4%. In this process, a mobile, CE-certified cold plasma device closes wounds painlessly and deactivates viruses, bacteria, germs and spores. Wounds heal five times faster in conjunction with cold plasma than with conventional methods, and chronic wounds close 85% of the time, the Company emphasizes. In addition to wound healing, other medical applications are also possible in the fields of cosmetics, dermatology and ENT.

    In addition to rapid tests, which are also expected to be used actively in the Corona winter of 2022/2023, the newly launched VirX anti-viral nasal spray and the cold plasma treatment method promise significant growth potential. Around 68% of the share capital is in firm hands and is held by the Perbandt family of entrepreneurs. Fonterelli GmbH & Co KGaA from Munich, which facilitated the IPO via SPAC, also holds a significant share in the Company.

    K+S - Debts to be eliminated

    The Kassel-based company K+S reported record figures for the third quarter, almost doubling its sales in the third quarter to EUR 1.47 billion. At EUR 633 million, EBITDA more than quintupled compared with the prior-year quarter but was still below analysts' estimates. The world's fifth-largest potash producer remains confident for the year as a whole. Management expects the strong increase in the average price in the Agriculture customer segment will significantly exceed the expected cost increases, especially for energy, logistics and materials. In this context, sales are expected to amount to EUR 2.4 million.

    The net financial position was expanded to EUR 152 million at the end of September. K+S intends to use this to further reduce its indebtedness through the partial repurchase of a bond and, thus, to be able to save interest. The bonds are to be purchased at face value plus accrued interest. The bond originally had a total volume of EUR 600 million with a coupon of 3.25%. Currently, around EUR 400 million is still outstanding. The acceptance period runs until the end of November.

    The analyst firm Warburg Research raised its price target for K+S from EUR 29 to EUR 32 and left its rating at "buy". In contrast, analysts at UBS are "neutral" on the K+S share. After the figures, the price target was raised from EUR 21 to EUR 22.

    Despite the negative forecasts and uncertainties in economics and geopolitics, the markets continue to run upward. Encavis and K+S were able to report strong quarterly figures. Viromed Medical AG, newly listed on the stock exchange, celebrated a successful sales launch of its Corona nasal spray, which offers high growth potential.

    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 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

    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

    Related comments:

    Commented by Armin Schulz on January 30th, 2024 | 06:30 CET

    BioNTech, Cardiol Therapeutics, Evotec - Biotech upswing post-Corona

    • Biotechnology
    • Covid19
    • Biotech

    After the hype caused by the Corona vaccines, many biotech companies experienced a lull. However, there are now increasing signs of a revival, and with good reason. After a period of stagnation caused by market saturation and investor reluctance, fresh scientific breakthroughs and innovative therapeutic approaches are attracting investors and driving the sector to new heights. German biotech companies have managed to raise more funds than in the previous year despite the challenging conditions in the financial markets. Today, we look at three interesting companies and highlight their opportunities for this year.


    Commented by André Will-Laudien on January 15th, 2024 | 06:45 CET

    Biotech: Corona is back! The doublers are lurking here: BioNTech, Evotec, Defence Therapeutics and Bayer

    • Biotechnology
    • Pharma
    • Covid19

    We had almost forgotten about Corona and the good old flu, but it is back in full swing. Governments are remaining calm and holding on to their regained liberalism. However, Spain is now resorting to drastic measures again to protect vulnerable population groups. A mask is to be compulsory again in all Spanish healthcare facilities due to the increase in respiratory diseases. Health Minister Mónica García had previously failed to convince the Spanish regions of the need to introduce compulsory masks of their own accord. In some parts of the country, hospital emergency rooms are under severe pressure due to high patient numbers. Biotech stocks are showing the first signs of recovery after the sell-off in 2023. We take a look at a few selected stocks with 100% potential.


    Commented by Armin Schulz on December 12th, 2023 | 06:50 CET

    BioNTech, Defence Therapeutics, Bayer - Golden times for the biotech and pharma industry?

    • Biotechnology
    • Pharma
    • Covid19

    With the arrival of winter, people are increasingly worried about illnesses such as coronavirus and influenza. The current wave of diseases and the new coronavirus variant are increasing the demand for medicines, which could positively impact the shares of pharmaceutical and biotech companies. Biotech's success in drug development for COVID-19 vaccines has allowed the industry to flourish over the past two years. But after the boom came the crash. However, the stock market always moves in cycles. The current challenges in the healthcare sector, such as the rising number of cancer cases, could, therefore, mean golden times for pharmaceutical and biotech companies, as they not only contribute to improving global health but also offer attractive returns for investors.