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 Carsten Mainitz on December 22nd, 2021 | 11:01 CET

    Kinross Gold, Almonty Industries, K+S - Is rising inflation the trigger for commodity stocks?

    • Commodities

    Two topics are currently occupying the markets: the impact of the new Corona Omicron variant on global supply chains and the further course of inflation. Experts disagree on both topics. While everyone assumes that the Omicron variant will lead to another global wave, most experts now see the supply chains as so stable that a fundamental disruption is now virtually impossible as was at the beginning of the pandemic. Concerning inflation, there are increasing voices that this should not be regarded as merely temporary. That should drive commodity stocks.

    Read

    Commented by Armin Schulz on November 26th, 2021 | 12:37 CET

    Barrick Gold, Sierra Grande Minerals, Yamana Gold - False breakout in gold?

    • Commodities

    On November 5, it seemed gold had finally broken out of its established triangle in the chart. However, since November 19, the bears have retaken the helm for the time being. Investors, who have otherwise relied on gold for inflation and other hedges, are still reacting hesitantly. One reason is the expansion of the money supply, which is displacing people's fear. Nearly all central banks see inflation as temporary. Another reason is the cryptocurrencies, which are also used as capital protection and thus represent competition. If interest rates rise, that would be a bad sign for gold. If inflation remains, global gold demand could increase, with demand from India and China already picking up. The newly formed uptrend in gold is only broken below USD 1,721.1 on a daily basis, so we currently expect gold prices to rise. We, therefore, analyze three gold companies.

    Read

    Commented by André Will-Laudien on November 17th, 2021 | 12:40 CET

    Leoni, Sierra Grande Minerals, Varta, Nordex - Critical raw materials, skyrocketing prices!

    • Commodities

    According to the active suggestions of many climate protectionists, we are all best off riding bicycles. Because the climate measures, in particular the CO2 taxes, will soon make movement with fossil fuels impossible. In October, the E10 fuel price reached the EUR 2.00 mark at some filling stations. As a result, 80% of the gasoline price target formulated by the Greens in the 1990s of 5 D-Marks has been achieved. Calculated on the oil price, a liter of refined fuel would only cost about EUR 0.60; the rest is made up of duties and taxes, as is well known. Interestingly, in the Federal Audit Office records, it is precisely the political climate protection protagonists who stand out with an impressive number of car trips and air miles. It seems that only some people are supposed to restrict themselves, while other more privileged groups enjoy a free ride. Is this the future of individual mobility?

    Read