Close menu




July 27th, 2021 | 11:47 CEST

Vonovia, Barsele Minerals, Aixtron - That will move the prices!

  • Commodities
Photo credits: pixabay.com

Takeovers can move share prices. That is true for the acquisition of entire companies as well as for individual divisions or projects. Often the prices of the buyer and the takeover candidate react positively. But even if takeovers fail, it is no big deal because there are usually alternatives. These three shares are currently in an exciting phase. Which value has the greatest potential?

time to read: 3 minutes | Author: Carsten Mainitz
ISIN: VONOVIA SE NA O.N. | DE000A1ML7J1 , BARSELE MINERALS | CA0688921083 , AIXTRON SE NA O.N. | DE000A0WMPJ6

Table of contents:


    Dr. Thomas Gutschlag, CEO, Deutsche Rohstoff AG
    "[...] China's dominance is one of the reasons why we are so heavily involved in the tungsten market. Here, around 85% of production is in Chinese hands. [...]" Dr. Thomas Gutschlag, CEO, Deutsche Rohstoff AG

    Full interview

     

    VONOVIA SE - Takeover attempt failed, is there a plan B?

    Recently, the second attempt to take over Deutsche Wohnen failed. With a tender ratio of 47.62% of the share capital of Deutsche Wohnen, the targeted minimum acceptance threshold of 50% was not reached. If the EUR 18 billion takeover had been successful, it would have created a real estate giant from the two largest players in the German market. The German Federal Cartel Office had already approved the transaction.

    Vonovia SE is Europe's leading private housing company and owns around 415,000 apartments in all attractive cities and regions in Germany, Sweden and Austria. The Group also manages 72,500 apartments. At the end of 2020, the net asset value per share (NAV) was around EUR 62. Currently, the shares are listed at EUR 56, giving the real estate group a market capitalization of EUR 32 billion. Analysts forecast that the NAV will rise to just under EUR 71 at the end of the current financial year.

    As is well known, all good things come in threes. Does that also apply here? Well, as Vonovia CEO Rolf Buch explained, after the renewed failure, Vonovia is examining possible options- "such as a sale of the shares in Deutsche Wohnen currently held by Vonovia, a renewed public offering or the acquisition of further shares." Given these options and valuation metrics, Vonovia's current share price weakness is an entry opportunity.

    BARSELE MINERALS CORP - Only a few days left...

    The countdown is on. At the end of the week, on July 30, the exclusivity period of the Company's planned share increase in the Barsele Project in northern Sweden will end. Barsele Minerals is focused on exploring and developing this project together with joint venture partner Agnico Eagle Mines. Barsele currently holds a 45% interest in the project. In mid-May, both parties signed a (non-binding) letter of intent whereby Barsele may acquire the JV partner's 55% interest.

    That would be a big deal for Barsele. But under certain conditions, the deadline mentioned above can be extended for another 31 days. In essence, the transaction involves a cash payment of USD 45 million, but Barsele can also partially pay in shares and warrants. Barsele intends to raise the sum through loans and a capital increase. The transaction is expected to be completed as soon as possible. Agnico would then be a significant shareholder with 15%.

    Since the beginning of the year, preliminary work has been conducted, and a drilling program of 3000 meters and 25 drill holes will be carried out. The exploration program is being carried out by joint venture partner Agnico Eagle Mines, which is also covering all project costs up to pre-feasibility. The Barsele project is located in the mining region of Västerbottens Län in northern Sweden, 600 km north of Stockholm and covers 33,500 hectares. It is located at the western end of the Proterozoic "Skellefte Trend", which overlaps with the "Gold Line" in northern Sweden. The main gold-bearing system remains open in all directions.

    Currently, the Company is valued at CAD 86 million at prices around CAD 0.66. With such a large and high-quality project, Barsele could soon become a takeover target itself. But first, the acquisition of the project share from joint venture partner Agnico Eagle must succeed.

    AIXTRON SE - The world leader

    The share price of the high-tech equipment manufacturer has smoothly doubled in the last 12 months. The conclusion of a number of large orders, the increase in annual targets and a continuation of the good economic situation in the industry have given the share price a tailwind. With its MOCVD systems for the production of compound semiconductors, the Company is among the world leaders. These are used to manufacture energy-efficient power electronics, which are required, for example, for the rapid charging of batteries in mobile devices or components in electric cars. The Aachen-based Company's top global position has aroused covetousness in the past. In 2016, the planned takeover by a Chinese company failed due to interventions by the American and German governments. Good for shareholders because the Aixtron share price has multiplied since then. Currently, the shares are trading around EUR 21, giving the Group a market capitalization of EUR 2.4 billion. The analysts at Barclays recommend the stock as a buy with a target price of EUR 29.


    It is a well-known fact that news makes prices. Takeovers, whether of projects or entire companies, are exciting. If the price and quality are right, the share price will rise. But also failed takeovers, such as Vonovia, offer the opportunity to enter at weaker prices. If Barsele can take over the shares, the stock should soon be quoted much higher. Aixtron is a growth stock that can manage without takeover fantasy.


    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.


    Der Autor

    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.

    About the author



    Related comments:

    Commented by André Will-Laudien on March 27th, 2024 | 08:30 CET

    Watch out: DAX record chase! Automotive stocks in the fast lane: Mercedes-Benz, Globex Mining, VW and Tesla

    • Mining
    • Commodities
    • hightech
    • Electromobility

    The DAX 40 index is chasing from one high to the next, surpassing the 18,400 mark yesterday. In addition to artificial intelligence, it is primarily high-tech and defense stocks that are moving the market. The automotive stocks are still in the doldrums, as an expected decline in GDP also means smaller household budgets. Nothing is worse for the industry than the postponement of new car purchases until next year. The stockpiles are getting bigger, and dealers are plunging into desperate discount battles. However, the market is changing noticeably. Currently, there are clear buying candidates; we analyze the current situation.

    Read

    Commented by Juliane Zielonka on March 22nd, 2024 | 07:45 CET

    BYD, Globex Mining, Mercedes-Benz shares: The energy transition is picking up speed with these companies

    • Mining
    • Commodities
    • Electromobility
    • renewableenergies

    BYD in China is regarded as innovative and successful with its wide range of models and brands. The Company has become one of the top ten car manufacturers and is the global leader in the production of new energy vehicles (NEVs). In the fourth quarter of last year, BYD even overtook Tesla with over half a million electric vehicles sold. BYD is now pushing further into international markets in order to maintain its growth trajectory. The increasing demand for electrification also means a higher demand for the corresponding raw materials. Globex Mining is well positioned in this regard; with 247 different projects and over 40 years of industry experience, investors benefit from the unbeatable expertise of the experienced management team. Mercedes-Benz leadership has reason to rejoice. The figures from the last financial year are solid, and the salaries of the Executive Board have been generously increased. Who is really picking up speed now?

    Read

    Commented by Stefan Feulner on March 5th, 2024 | 08:55 CET

    Globex Mining, Rheinmetall, Fisker - Correction nearing its end

    • Mining
    • Commodities
    • Gold
    • armaments
    • Automotive

    The German economy is shrinking, and there is no sign of an end to the downward spiral in the current year. Only the defense industry, which was dubbed socially harmful before the Ukraine conflict, is acting as a growth engine, with shares in the sector rushing from one high to the next. The growing and likely continuing demand for defense goods is increasing the need for critical metals. After a prolonged correction, copper, lithium, and others may now have completed their bottoming out.

    Read