Derichebourg

Two shares in short check ⬇️

The first company we are talking about is First Ressource. $EB5 (+9,7%)

What is First Ressource and what does it do?

First Resources is a Singapore-based palm oil producer. The company's business activities include growing oil palms, harvesting the fresh fruit bunches (FFB), and milling them into crude palm oil (CPO) and palm kernel (PK). The company manages about 212,200 hectares of oil palm plantations in the Indonesian provinces of Riau, East Kalimantan and West Kalimantan. It also owns about 6,300 hectares of rubber plantations and 18 palm oil mills. Its subsidiaries include PT Ciliandra Perkasa and PT Borneo Ketapang Permai.

Segments of First Resource:

The company operates in two segments: Plantations and Palm Oil Mills and Refining and Processing. The Plantations and Palm Oil Mills segment is primarily engaged in the cultivation and maintenance of oil palm plantations and the operation of palm oil mills. The Refining and Processing segment markets and sells processed palm-based products produced at the refinery, fractionation and biodiesel plants, and other downstream processing facilities.

KGV:

The company is valued at a P/E ratio of approximately 5.5. In my opinion, this is a very very favorable valuation of the company.

Foundation:

First Ressource was founded in Singapore in 2011.

Market capitalization: 🏦

Currently, the company has a market capitalization of around €1.65 billion.

Dividend yield: 💰

The company pays its shareholders a nice dividend yield of just under 9.5%, which is a real house number. This is paid out to shareholders every six months. The dividend is paid out in May and around September. This means that shareholders will now receive their dividend on May 8.

Strengths of the share: 📈

• The company pays an extremely high dividend of 9.5%.
• The company is extremely favorably valued with a P/E ratio of just 5.5 in my opinion.
• Given the positive cash flow generated by the business, the company's valuation level is a plus.
• Analysts have significantly revised their opinion of the company over the past twelve months.

Weaknesses of the share: 📉

• Analysts' estimates of the company's business performance differ significantly from the rest. Predictability seems to be difficult in connection with the company's business activity.
• The price targets of analysts following the stock differ significantly. This creates difficulties in valuing the company and its business.

How does the stock look chart-wise? (Singapore dollar converted to euros) 📈📉

Let's take a look at First Ressource chart-wise. The share price is currently at €1.03. This is also currently an important resistance zone that we would have to take out to continue to rise. Below us at 1.01€ is the support zone. This must hold so that we do not fall further. After this zone would be a lot of room down. The next support zone would be at 0.93 €. If we now rise above this resistance, the next resistance would be at 1.06€. If we also take this out, the next target would be at 1.09€ and then 1.15€ would follow for the time being. I am very curious in which direction the share will swing.

The second company we look at is Derichebourg: $DBG (+1,22%)

What is and does Derichebourg at all: 🤔

Derichebourg is a French company active in environmental and recycling services. The company is listed on the Euronext Paris stock exchange and its stock trades under the ticker symbol DBG. Derichebourg offers various services, including waste collection, sorting and recycling, cleaning services and industrial cleaning, and pest control.

What is the breakdown of net sales:

Net sales are distributed among the various activities as follows:

• Environmental services (82.2%): Collection and recycling of ferrous and non-ferrous metals, industrial and household waste disposal, pollution clean-up, reuse and recycling of capital and consumer goods at the end of their life, etc.
• Business services (17.8%): Hospitality, cleanliness, temporary staffing and recruitment, remote monitoring, services in hostile environments, etc.

Net sales are distributed geographically as follows: France (70.6%), Europe (24.7%) and America (4.7%).

How many employees the company has: 🙋🏽‍♂️🙋🏻‍♀️

Currently, Derichebourg employs a total of around 43,000 people.

P/E RATIO:

The company is valued at a P/E ratio of approximately 3.75. In my opinion, this is also a very very favorable valuation of the company.

Foundation:

Derichebourg was founded in 1956 in Lyon, France.

Market capitalization: 🏦

Currently, the company has a market capitalization of around 900 million euros.

Dividend yield: 💰

The company pays its shareholders a nice dividend yield of just under 5.72%. This is paid out to shareholders on an annual basis. The dividend is paid out in February.

Strengths of the share: 📈

• The company pays its shareholders a nice dividend yield of over 5.7%.
• The company Derichebourg is extremely favorably valued with a P/E ratio of 3.75 in my opinion
• The security falls into the category of high-yielding stocks with a relatively high projected dividend.
• Analysts are positive on this stock. The average consensus recommends buying or overweighting the stock.

Weaknesses of the share: 📉

• Over the past twelve months, analysts' valuations have been revised downward.
• According to analysts' estimates, the Group belongs to the category of companies with the weakest growth prospects.
• The potential for earnings per share (EPS) growth in the coming years seems limited according to current analyst estimates.

How does the stock look from a chart perspective? 📈📉

Let's also take a look at the French company Derichebourg from a chart perspective. Currently, the price here is at 5.60€. The first resistance is here at 5.66€. If we take out this resistance sustainably would be a lot of space to the next resistance. This would then be at 6.85€. Below us is currently the first support zone at 5.16€. If this is broken, it goes down further. The next support zone would be directly at 4.97. This should hold but best, because then the share could fall a large piece further. Here would be the next support zone at 4.40 €. So it will also be extremely exciting here, which direction the share will take.

Your opinion: 🧐🤔

Now, of course, I would like to hear your opinions again in the comments on these two shares.

What do you think of First Ressource and Derichebourg and did you already know these companies?

Do you guys have one or both of these stocks maybe already in your portfolio?

Please let me know in the comments.

This is of course not an investment advice but just my own opinion that I want to share with you!

How Your Oven Can Help Solve the Global Waste Problem.

Waste-to-Energy – Get Rid of the Trash!

Hello, dear community,

Have you ever wondered if trash could be put to good use? The topic of “Waste-to-Energy” is less common in Germany and yet hotly debated, but it’s of paramount importance worldwide. But why? In Germany, we have a largely robust and advanced circular economy, which will—and must—experience rapid growth in the future, even within the EU and the U.S. Nevertheless, the total amount of waste worldwide will continue to rise.

And what role might your oven play in this?

I’ll try to explain this from a technological perspective.

If you have a modern oven, you generally no longer have to clean it by hand. It has a special program called the pyrolysis function. Roughly speaking, your oven is heated to such a high temperature (~500 degrees Celsius) that food scraps and grease splatters are “burned” into ash. Chemically speaking, the organic compounds (your leftovers) undergo uncontrolled decomposition in the absence of oxygen. The resulting ash is a mixture of organic residues.

If this technical process is applied to biomass, for example, it’s possible to produce fuels and chemicals from waste.

It is precisely this process that people around the world are trying to utilize in modified forms. The goal is to produce diesel, naphtha (crude gasoline), and kerosene without generating toxic emissions.

In my last post about the petroleum industry, I explained some of its uses.

However, this should not be confused with the emerging and existing biorefineries, such as those operated by UPM $UPM , Verbio $VBK (+1,95%) or Lenzing $LNZ (-1,31%) . In these facilities, wood and various types of grain are used almost exclusively as biomass.

What can be used for this?

Biowaste is, of course, ideally suited for this purpose, since it consists primarily of organic materials, such as hydrocarbons and their derivatives.

But “plastic” is also a very suitable material for this process. That makes sense, since it, too, consists of organic materials. Accordingly, one could roughly say that all products made from the original sources—crude oil and natural gas—could also be converted back.

Well…

Many everyday items are compounds that, while organic, often have fluorine, chlorine, or sulfur compounds “mixed in.” As we know, these aren’t exactly the healthiest substances for everyday use.

But there are technical solutions for this as well:

As I briefly described above in the section on pyrolysis, the materials undergo gasification. In most cases, this results in the chemical bonds being broken, thereby breaking down the substances.

Fluorine, chlorine, and sulfur, for example, can be easily “rebound” chemically, so that no new emissions result from them.

Is the implementation complicated, and who would benefit from it?

The process involves key steps that are already among the top tier in process engineering today. In most cases, the individual steps are not consolidated within a single company but, as is typical, are specialized.

1. Waste separation:

As is already standard practice in Germany, recyclable waste is returned to the circular economy. Residual waste and organic waste, on the other hand, are very well suited for this process.

The waste disposal companies we’re familiar with benefit particularly from this. This could be your local waste management authority, but it could also be global corporations such as Waste Management $WM (+0,66%) , Republic Services $RSG (+0,97%) , or Alba $ABA .

2. Separation

Here, the process involves further separation using mechanical methods such as grading or sorting. The winners here are the specialists in separation equipment, such as Tomra $TOM , Veolia $VIE (-0,65%) or Derichebourg $DBG (+1,22%) .

3. Incineration

This is the pyrolysis process mentioned earlier, similar to an oven. Here, the materials are incinerated. The resulting gases are relevant to the process.

The ash, on the other hand, is enriched with metals and can therefore be returned to the circular economy. One potential beneficiary of this is Befesa $BFSA (+1,03%) .

Ash that cannot be reused, on the other hand, can be stored in landfills with virtually no problems. In Germany, it is already common practice today to fill soil layers with ash, for example, to backfill salt mining sites.

(Pyrolysis is not the only factor at play in this incineration process. It is more accurate to also mention the processes of “gasification” and “combustion.” The resulting “excess” heat can then be used, for example, to power a generator and produce electricity.

This has the advantage of generating energy on the one hand and cooling the gases on the other.)

4. Conversion—the interesting part

By passing the gases through various catalyst layers in a multi-stage process, the desired chemicals can now be produced.

This includes “pyrolysis oil,” which has somewhat similar properties and can be fed into a conventional refinery.

This works particularly well with diesel and kerosene. In fact, renewable fuels that comply with the relevant DIN standards can already be produced today.

But how could I benefit from this “trend”?

In fact, many energy providers have already addressed this issue. A major pioneer in this area is actually Eni $ENI (+2,49%) in Europe. Waste Management $WM (+0,66%) from the U.S. has been harnessing landfill gas for years—though primarily for local heat generation. That is set to change in the future, with “waste-to-energy” processing also set to take off. The oil giants BP $BP. (+1,96%) and Shell $SHEL (+1,1%) are investing in this technology sector.

Advantages:

- The problem of waste taking up space can be mitigated.

- Emissions from landfills can be significantly reduced through reuse.

- Alternative sources of fuel, chemicals, and heat are created.

- It can be considered “net zero” since the emissions were already generated in the feedstock.

- The necessary technologies are already sufficiently mature and proven.

- A quick potential solution for decarbonizing the transportation sector.

Disadvantages:

- Fossil fuel alternatives are significantly cheaper.

- Plant capacities are completely insufficient for mass-market application.

- High costs relative to low output.

- Low efficiency due to very high energy consumption.

- Enormous logistical efforts are required to transport waste to the processing facility.

- A steady supply of waste must be maintained to sustain the value chain.

- Public interest is very low.

- Your home oven is unsuitable for producing fuels. – Not recommended for cooking.

Which topics related to alternative energy options interest you?

The ongoing plan is:

- “Green ammonia”—why it offers better prospects than hydrogen.

- Lithium—why market capitalizations are completely misweighted.

Do you have any requests, suggestions, or criticism?