Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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Started: Telf, 5 Feb 2024 11:06
Last post: 1946pete, 4 Jun 2024 16:56
How long do we have to live to achieve that?
H2 economy is here to stay and grow. Who owns this stock will have massive returns
There is an informative interview with Richard Hulf, of HydrogenOne on this week's Money Week podcast. They discuss the hydrogen market in general and some of the fund's aims and investments. Definitely worth listening to if you are invested or are interested in investing here............https://podcasts.apple.com/gb/podcast/the-moneyweek-podcast/id1048958476?i=1000644116901
Last post: SquirelShares, 22 Apr 2024 08:52
Its hard to disagree with you, but I have been in from the start and continue to buy in as the price is where I believe there is value. Fundamentally their investments are good overall. The governments stance is affecting the push into alternate sources of energy in a negative way. High interest rates also limit investment into these markets. If you believe we are now looking at a lower level of inflation and the BOE at some point should start reducing interest rates that this fund has the potential to benefit.
Selecta6 - 'Shambles' is a good descriptor. Their performance is so far from their mission statement it's a joke. I think even with my appalling luck and questionable judgement I could have picked a more profitable selection for the fund. Frankly, a lit more contrition from the Chair and BOD wouldn't go amiss. Their statement really doesn't instil much confidence.
Spot on Grezz.
I've been here since day 1. After a reasonable early 20% uplift, it's been downhill every week since then.
shambles. What are they doing, aside of taking their salaries.
'HydrogenOne Capital Growth plc' - Anyone else agree that the company name is misleading? ;)
What will it take to change the sentiment here, other than some fairly chunky interest rate cuts?
Started: Tripod-Man, 15 Mar 2024 15:06
Last post: Tripod-Man, 15 Mar 2024 15:06
Not very enticing.
Last post: rightinvestor, 5 Feb 2024 08:10
Can you explain why it will do 200 pc?
This stock will do +200% this year, time to load up as much as possible
I think it goes something like this: The fed keeps interest rates high, HGEN is a growth stock so the curent value is based on future earnings which the calculation depends on the discount rate which depends on the interest rate. So while interest rates are high growth stocks will be rated low. In my opinion it's more to do with short term targets than anything fundamentally wrong with the share. As soon as it looks like the fed might cut interest rates growth shares start to increase, today's interest rate news was a little negative so growth shares go down.
There's a huge disconnect between the last reported NAV and the story coming out of HGEN's management and the SP, which is now showing a 50 discount to NAV. These are due to be updated next week which makes this months selloff slightly concerning. Anyone got a better reason than the old complaint that 'the market just doesn't understand this stock' ? I appreciate a chunk of the NAV is locked into unquoted companies - is that what's keeping the pros out? I realise a lot of quoted H stocks have had a pasting in 2023 but several are looking much brighter this year.
Started: Hamodeh82, 11 Oct 2023 08:15
Last post: theoldmansdoneit, 11 Oct 2023 10:12
You’re right, the Hyundai investment is a great vote of confidence in what is a significant constituent of HGEN’s portfolio.
Market not awake on this news, or €45 million is not getting attention yet. Or i am the only one excited
Correction
Started: Hamodeh82, 11 Oct 2023 08:14
Last post: Hamodeh82, 11 Oct 2023 08:14
I am the only one who excited on this news?
Started: Gardner, 5 Sep 2023 09:39
Last post: Gardner, 5 Sep 2023 09:39
This may be of interest, though not new.
I did read a while ago that when gas was made from coal it contained about 23% hydrogen.
https://eandt.theiet.org/content/articles/2021/01/gas-companies-share-blueprint-for-uk-s-hydrogen-economy/
Started: wetherboy, 7 Aug 2023 18:36
Last post: wetherboy, 7 Aug 2023 18:36
Positive update. Sounds like HGEN could invest much, much more if they could raise more. Need the share price to rise to NAV but there’s a long way to go. Encouraging update though.
Started: LondonSouthEast, 15 Jun 2023 08:54
Last post: wetherboy, 2 Aug 2023 19:43
Inneos the supplier of the H2
https://www.autocar.co.uk/car-news/new-cars/first-new-uk-hydrogen-fuelling-hub-open-2024
Gyroman, the answer to your question is here: https://hydrogenonecapitalgrowthplc.com/wp-content/uploads/2023/07/HydrogenOne_Capital_Bluffers_Guide_2023.pdf
I don't believe it's HGEN but rather the sector sentiment - compare to ITM, CWR, AFC etc
He alludes - perhaps unintentionally - to the idea of hydrogen being a direct replacement for the gas in home or building heating systems. This is wrong. I only remark upon this because this red-herring is often dragged up as a straw-man argument by energy-haters. To be clear, your gas-boiler goes away and is replaced by electric; it does not get its methane replaced by hydrogen.
I'm not being obtuse here but why not?
I don't understand why Hydrogen can not simply be burned as a fuel replacement for Methane, Kerosene, Petrol, Diesel...
No one has ever given a strong reason as to why this cannot be done.
Yes I hear possible problems around storage but if H2 needs to be stored in a vehicle/building to be converted in to electricity in a Fuel Cell, what's the difference in storing it in said vehicle/building to burn it in an engine or boiler?
Genuine question for all the Hydrogen scientist out there.
I think there are quite a few question marks here.
I like others feel this area is a goer.
However:
Hulf's proclaimed 20% pa return, has not materialised, at all. I note he's stopped promoting that now!!
Since launch in July 2021, this share (fund) has managed to lose 25% pa. This is after an initial 20% rise.
I wasn't expecting immediate fireworks, as this is an investment. But........
Started: wetherboy, 10 Jun 2023 23:08
Last post: wetherboy, 10 Jun 2023 23:08
Started: Copout, 27 Mar 2023 19:29
Last post: Crocqman, 2 Jun 2023 09:31
Good to see this has been moving back up of late.
Circa 65% up in a little over 2 months from a low of 40.
Hopefully, this upward trend continues.
Been looking at this over the past month seems to be on the rise again, thinking of dipping a toe, definitely looks like a long term hold to me , that’s if it survives?
A small market cap, a relatively large retail investor population vs institutional, nervous market, and renewable energy sector which attracts every loony quack huckster from under his rock on the internet => wonderful fertile ground for a short attack.
I’ve a feeling there was manipulation downwards for someone to get a nice entry point. I topped up this morning and hopefully there’s some good news that buyer knows
Weird movement down yesterday, and weird movement back up today!.
Surely, the reversal cannot just be off the back of the RNS statement issued?
Useful release though if it has calmed some market jitters
Results due next week, although they should not give any surprises as we already have the NAV for the Q and a portfolio update for the EOY.
gla
Started: timst, 28 Mar 2023 23:22
Last post: timst, 28 Mar 2023 23:22
Maybe some light at the end of the tunnel. So-called "e-fuels" use hydrogen.
https://www.telegraph.co.uk/business/2023/03/28/net-zero-ban-petrol-cars-chaos-brussels-climbdown/
Started: jonathb, 9 Mar 2023 08:28
Last post: Pedrobull, 14 Mar 2023 14:20
Is this maybe an elaborate scam?
52p wtaf!
-Here's links for the replay which seems to be working this morning, from Mr.J.J. Trayner:
https://event.webinarjam.com/replay/38/y150gcqnilkb9xb0ow
- and -
https://hydrogenonecapitalgrowthplc.com/
-Here's links for the replay which seems to be working this morning, from Mr.J.J. Trayner:
https://event.webinarjam.com/replay/38/y150gcqnilkb9xb0ow
- and -
https://hydrogenonecapitalgrowthplc.com/
It's perked up a point or so this morning in a horrid market - so maybe that prez impressed a few other people too.
Can't find the link!?! I had it yesterday anyway. Of course their guy was peppered with "If you're such a good biz proposition, how come you tanked 40% under IPO price in the last couple months?". But he had a good story to tell and made me feel like doubling down, but I might wait a while in this iffy market. The current interest rate paranoia will take a while to pass and everything is down this week, especially growth guys like this.
Started: Copout, 2 Mar 2023 15:17
Last post: Etotheipi, 3 Mar 2023 16:08
In my opinion the business case for buying HGEN is only stronger than when I bought at IPO for £1. I topped up today.
I think I'd sooner wait until it demonstrates some clear positive momentum.
I think its a great price for one to lower his/her average price , however i agree thats its a mystery why the sp has fallen so much considering its major exposure in the german hydrogen market.
I thought it was a good time to buy when it dropped back to the IPO price, especially as I had previously sold at the high (luck) due to some short term finance requirements.
The sector must be due lift though.
Not sure the fund is interested in any of the stocks you name (I am in EQT and well down there too but sold AFC close to highs), although I have not really kept an eye here for a while, but moves there could be an indicator of a shift in sentiment.
Good luck whatever you decide
Anyone else thinking this may be a good time to buy/top up HGEN? Discount to NAV now almost 35p.c. and while there are still no fireworks in the H sector the medium term fundamentals still look good and HGEN in particular has good exposure to Germany which is probably one of the stronger major countries trying to develop a green hydrogen economy. Also several of the listed sector seem to have stopped going down and some have bounced - EQT, AFC, CWR etc. Obviously HGEN has its unlisted holdings and their transparency is a concern but we knew that anyway.
Started: jonathb, 4 Jul 2022 13:06
Last post: Crocqman, 25 Jan 2023 18:37
Good luck.
I made good profits in AFC but no longer invested there.
I'm well down in EQT currently. Another one for the long term much like here. I think it is an important year for EQT to start closing deals and to deliver
Well now I think of it I'm not sure many are doing any better than HGEN since they started falling. The only one that is storming ahead in recent months seems to be HUI which typically I don't have any of!
FWIW I hold AFC, CWR, EQT, ITM, PHE, PPS & VLS hoping at lest one or two will become huge.
Similar boat.
In since the IPO although I needed to sell due to cash requirements at 117 so did well for a short investment timescale.
Bought back in with double my original investment at 101p, so down and disappointed with performance to date.
This was always meant as a long term hold, so will continue to keep an eye and see what happens.
There has been a loss of momentum in the 'switch' to cleaner energy solutions due to the energy crisis, so not unsurprised with the current situation.
I see no reason to sell at this time
Hi Gyroman
when you say - "I've been in since IPO and after the initial flourish it has been a long steady decline even on days when the rest of my Hydrogen plays are doing well. I guess it might be time to cut my losses here."
Likewise I am down own over 30% here thinking it was a lower risk entry into H plays.
Maybe it is though when you look at Ceres down below £4 and ITM below 90p.
What H plays do you have doing better?
GLA
Agreed, sadly.
Wll share any response with you.
Started: DaveHughes, 12 Aug 2022 16:49
Last post: DaveHughes, 12 Aug 2022 16:49
HydrogenOne Capital Growth plc ("HydrogenOne" or the "Company"), the first LSE-listed investment fund dedicated to clean hydrogen, is pleased to announce that it has signed definitive agreements for an investment of £8.4m (EUR 10m) in Strohm Holding B.V. ("Strohm"). HydrogenOne is investing alongside Strohm's existing investors Shell Ventures, Chevron Technology Ventures and Evonik Venture Capital, in the first close of a funding round totalling £11.8m (EUR 14m). HydrogenOne may also invest up to a further £1.7m (EUR 2m) in the second close of this funding round, which is anticipated to be at least £5.1m (EUR 6m) in aggregate in addition, expected later in 2022.
Started: 45Bob, 17 Jun 2022 01:49
Last post: afrc, 27 Jun 2022 15:12
NAV today almost equal to todays sp !!!
Snap.
Mine was the only from 13, and a cool whole £5!!
They've got some way to go to achieve their objective of 10% growth per annum.
Shame, after such a good start of 20% SP increase in 3 months.
Out of my 15 holdings HGEN was my only blue share today. Up 0.05% (or £3 in real money). Didn’t help me at all, but at least it didn’t fall
Started: djwall1s, 16 May 2022 12:45
Last post: jonathb, 9 Jun 2022 10:36
Likewise. Slim pickings in the Renewables space. I passed on the GSF.L IPO coz their biz-model seemed uninspiring. +20% later .. it still seems so. I must be missing something.
I really wanted to find something of substance to invest in here but all I found was "and especially given the strong political support" i.e. a company wanting to get a slice of taxpayers money.
HH2E slick website but light on numbers to crunch unless you count the "4 hours of wind and sun per day". No mention of how many mobile phones they plan to charge though.
Mon, 16th May 2022 07:00
RNS Number : 5261L
HydrogenOne Capital Growth PLC
16 May 2022
THIS ANNOUNCEMENT IS NOT AN OFFER FOR SALE OR SUBSCRIPTION OR SOLICITATION TO PURCHASE SHARES IN ANY JURISDICTION.
16 May 2022
HydrogenOne Capital Growth plc£5 million investment in German green hydrogen developer HH2E
HydrogenOne Capital Growth plc ("HydrogenOne" or the "Company"), is pleased to announce that it has signed definitive agreements for an investment of £5m (EUR 6m) in HH2E AG ("HH2E"). HydrogenOne is investing alongside funds managed by Foresight Group LLP ("Foresight"), as part of a funding round expected to total at least £10m (EUR 12m).
HydrogenOne and Foresight have also signed a framework agreement giving the right to co-invest in HH2E's projects directly. They will provide a substantial part of the development and construction capital covering five large projects. These projects are expected to be at industrial locations across Germany and will cost in excess of €500m to fully develop.
HH2E is a specialist in developing projects to decarbonise industry, using green hydrogen, with associated energy storage and hydrogen power generation facilities with the intention of providing 24/7 clean energy for customers.
With this purchase of a minority equity stake, HydrogenOne and Foresight each have the right to a board seat at HH2E, in addition to the co-investment rights in HH2E's projects noted above.
HH2E has already identified a multi-billion and multi-gigawatt investment potential over several projects in Germany. Over the next few years, the emphasis will be on decarbonising existing industrial sites, but over time, HH2E intends to develop greenfield projects.
The first project HH2E is expecting to launch is likely to be at an industrial site in Germany, where there are plans for a new facility starting up in 2025, supplying on-site industrial customers.
Simon Hogan, Chairman of HydrogenOne said "HH2E is HydrogenOne's second investment into a clean hydrogen developer company. HH2E are identifying substantial clean hydrogen projects in Germany, which offer the potential for significant investment there for our shareholders."
Mark Page, HH2E co-founder and CFO commented "We're delighted to have two substantial institutional investors in the green energy space backing our growth plans. This financing agreement enables a massive acceleration of our development plans and represents a substantial portion of the capital we expect to deploy on sites in the next 5-6 years."
Matt Hammond, Partner at Foresight Group commented "Germany represents an attractive market, given the commitment by its industrial base to decarbonise with green energy, and especially given the strong political support to build a green hydrogen economy. HH2E is well positioned to take a leading role in this market and we are excited to be supporting the company in delivering on this ambition.'
The Company's LEI is 213800PMTT98U879SF45.
Started: djwall1s, 9 May 2022 08:52
Last post: djwall1s, 9 May 2022 08:52
https://twitter.com/GioTsivtsivadze/status/1520800255062810626 - The World’s First SOFC Drone Uses Elcogen’s Cells - Elcogen
https://twitter.com/best4hy/status/1522227880834519042 - Last 3rd of May, our partner, Elcogen_EU
participated at the ?????? ?????????????????????????? ???????????????? ???? ?????????????????????? ???????????? ???? ???????? ?????????? ?????? ?????????????????????????? in Corfu, presenting...
https://twitter.com/Elcogen_EU/status/1514194247804760064 - The UK plans to subsidise the production of cleanhydrogen to enable the fuel to compete with more expensive grey hydrogen. Elcogen is already working towards an affordable solution for the production of greenhydrogen.
Started: djwall1s, 9 May 2022 08:39
Last post: djwall1s, 9 May 2022 08:39
https://www.youtube.com/watch?v=1ukHP0G-SUA - Where Does Elcogen Come From?
https://www.youtube.com/watch?v=kzL_9M3esM4 - Elcogen - World's most efficient SOFC
https://www.youtube.com/watch?v=gRtsBYEKldI - Interview with Enn O~unpuu, Founder and CEO of Elcogen
Started: djwall1s, 9 May 2022 08:36
Last post: djwall1s, 9 May 2022 08:36
Mon, 9th May 2022 07:00
RNS Number : 7036K
HydrogenOne Capital Growth PLC
09 May 2022
THIS ANNOUNCEMENT IS NOT AN OFFER FOR SALE OR SUBSCRIPTION OR SOLICITATION TO PURCHASE SHARES IN ANY JURISDICTION.
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION.
9 May 2022
HydrogenOne Capital Growth plc£20 million investment in leading global solid oxide fuel cell and stack specialist Elcogen
HydrogenOne Capital Growth plc ("HydrogenOne" or the "Company"), is pleased to announce that it has signed definitive agreements for an investment of £20m (EUR 24m) in Elcogen Plc ("Elcogen").
Elcogen's shareholders include Biofuel OÜ, and VNTM Powerfund II, a technology fund focused on clean power. With this purchase of a minority equity stake, HydrogenOne has the right to a board seat at Elcogen.
Elcogen is a fuel cell and electrolyser company, with distinctive solid oxide technologies, and over 60 established industrial customers world-wide. Elcogen has developed a reversible ceramic technology that can convert hydrogen into emission-free electricity, or electricity into green hydrogen.
Elcogen's solid oxide fuel cell (SOFC) and solid oxide electrolyser cell (SOEC) technology can be applied to a broad range of residential, industrial and commercial applications. Solid oxide fuel cells and electrolysers can run with efficiency greater than 80%. Elcogen's core technology is distinguished by it's ability to operate at lower temperatures than competitors, resulting in superior economics and long-life facilities.
Elcogen is planning an expansion of its facilities in Tallinn to create a new, automated production line for solid oxide fuel cells and stacks, initially scaled at 25MW/year, rising to 50MW/year (equivalent to 100MW- 200MW in electrolysis mode).
Simon Hogan, Chairman of HydrogenOne said "There is substantial demand for fuel cells and electrolysers as the clean hydrogen sector continues to grow at rapid pace. We look forward to supporting the company on its growth journey as it expands its solid oxide capacity for customers. HydrogenOne continues to deploy our investors' capital into distinctive and high potential hydrogen assets."
Enn Õunpuu, CEO of Elcogen, commented "We believe the fuel of the future is green hydrogen and our technology is a key enabler in making this transition affordable for everyone. We develop and manufacture the world's most efficient solid oxide technology, allowing our customers and partners to deliver emission-free electricity, green hydrogen and energy storage solutions. This investment from HydrogenOne will enable us to continue to develop our cutting-edge technology, grow our customer base and revenues, and scale production to drive net-zero ambitions forward.''
The Company's LEI is 213800PMTT98U879SF45.
For further information, please visit www.hydrogenonecapitalgrowthplc.com or contact:
Started: DaveHughes, 26 Apr 2022 11:34
Last post: DaveHughes, 26 Apr 2022 11:34
Last post: selecta6, 13 Apr 2022 14:27
Blimey, SWS, you've read my mind completely.
I was annoyed too, almost wrote to them, but thought what is the point.
I, out of principle, didn't apply, to augment my initial investment.
I'm also concerned that after an initial pleasant 20% increase in SP, they've managed to fritter it all away.
They're objective of an annual 10% gain, seems likely to fall at the first hurdle. Not helped by this recent raise at the same price as initial offering.
As you say, not exactly supporting those who have been with them from the start.
I have to admit I was quite annoyed by the recent raise. First off, institutions only (not uncommon I know) but this fund is aimed at more sophisticated investors. I think my main irritation was that it was at such a discount to the price just prior to the announcement and also at the IPO price. Personally I think they should have pitched this at 102p or even 101p so that those who supported the IPO didn't feel like it has been a 9 month hold for nothing.
Fortunately I was able to pick some more up when it dipped below £1 but that doesn't improve my moo regarding the placing. I think this is a great fund and has huge potential - I see it as a way for Ineos to assess hydrogen tech before snapping companies up at hopefully a decent premium for us.
Started: gyroman, 8 Mar 2022 15:59
Last post: DaveHughes, 8 Mar 2022 21:15
The fund is primarily to be invested in unlisted companies (at least 70%) and such companies are by their very nature hard to research and hard to value.
The valuations of unlisted companies will only change when there is some corporate event such as fundraising, listing or takeover etc. This is the reason why the NAV has remained static at the low 90s range for months.
They have made some relatively small investments in listed companies; in the first quarterly fact sheets the largest of these were :
2. Doosan Fuel Cell Co., Ltd 0.59%
3. Aker Horizons ASA 0.58%
4. AFC Energy PLC 0.54%
5. Cell Impact AB 0.53%
As these investments are small then any large changes in their SP will not have a dramatic effect on the NAV. AFC Energy's SP has almost halved in the last 6 months but HGEN has been relatively stable (which is of course the idea behind such funds!)
You have to look at HGEN as a medium to long term investment.
A very interesting article in the acceleration of hydrogen technologies, sooner or later the smaller companies will also benefit and when able to float, that's when the real gains will happen.
https://www.bbc.co.uk/news/science-environment-60664799
It seems to me that when the rest of the wider Hydrogen market is falling this IT rises and when the wider Hydrogen market rises this falls?!!
Maybe need to pay more attention to exactly which companies HGEN is invested in. It seems from their info it is only 5 companies, none of which I had heard of before.
Started: AndyMcChad, 7 Mar 2022 13:55
Last post: DaveHughes, 7 Mar 2022 18:59
Does anyone know where I can find what Hydogen ONe is invested in?