I bought15 Jul 2020 21:25
and sold QFI many times in past years, and always thought as an engineer that not having any Carbon residue after combustion was a great idea, and that QFI would be a winner. BUT it was game over when Maersk dropped out. The future has moved on and its now going to be Hydrogen in one of its many forms. I'd suggest not wasting time or money with QFI and get invested in the Hydrogen revolution that's taking place e.g.
Bloom Energy Corporation (BE)
NYSE - Nasdaq Real-time price. Currency in USD. Up 30% already today in less than one hour's trading. 40% since Monday.
Bloom Energy, Corp. is a company that provides solid oxide fuel cell technology. The Company's technology generates onsite power from multiple fuel sources.
quote from conversation on Yahoo Finance
"• Bloom Energy is entering the commercial hydrogen market by introducing hydrogen-powered fuel cells and electrolyzers that produce renewable hydrogen. These products will be first introduced to the South Korean market in 2021 through an expanded partnership with SK Engineering and Construction (SK E&C), an affiliate of SK Group. Bloom's existing partnership with SK E&C has already sold 120 megawatts (MW) of fuel cells in South Korea, generating over $1 bln in equipment and future services revenue for Bloom.
• By the end of 2020, Bloom expects to ship a 100 kilowatt pilot Server to South Korea to power an SK E&C facility in early 2021. The second phase, a 1 MW hydrogen Server installation, is targeted for a 2022 deployment. Both companies have committed to fully fund and resource these two phases.
Less"
McPhy Energy S.A. (MCPHY.PA)
On the Paris exchange.
Up 226% in the month.
Up over 500% in two months.
McPhy Energy SAS is a France-based company that develops hydrogen storage and production solutions for the merchant hydrogen market and renewable energy markets. The Company sells solid-state hydrogen technology to provide a way for industrial gas renewable energy storage.
There are several other Hydrogen energy companies out there and most are taking off. Ships, aeroplanes, trucks and cars are all going to be using it in one form or another. Don't miss the boat, take a look at QFI's SP graphs over the last few years.