Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Please come back MO! As you have read from the various responses, your contributions are much appreciated by so many and your level of research and knowledge can be intimidating to the silent majority on the boards but it is definitely valued. I don't have much time to post on or follow the stock boards, but I certainly notice your contributions in a number of my holdings; our portfolios must be similar. I may have challenged your full on bull case on some occasion but we do need to hear both the bull and the bear case to avoid becoming an echo chamber. Really hope you'll reconsider a come back! Have a great weekend everyone.
With metal commodity pricing rising it makes a lot of sense to invest in recycling plants. I would say that while very promising as a company there will be much better entry points for Li-Cycle to come with the current market conditions. The company still has low revenues, it's loss is increasing and it's break even point has been pushed out further by a year to 2024. These fundamentals do not make a clear investment case when the markets are continuing to be very choppy and anxious until we can see just how many hikes the Fed will push for and what the fall out is from China's current woes. Same for Rock Tech Lithium, very interesting story too but not likely to see any sustained lift to SP in the current quarter. You know my views on Nel, while not a recycler, it is a renewable commodity play which I view in the same way. A safer bet at this stage would be Aurubis AG, a company with meaningful turnover and a decent profit. However, it is highly priced for now. Don't think the margin calls have finished yet and I fully expect a drop in the SP. Once it drops sufficiently this will be the first of these companies that will get my money. While the other companies may be more exciting in terms of their stories, story stocks won't perform if they have significant execution risks and do not turn a profit. It's no good saying that in 5 years the company will be a lion if your investment is premature and you lose half your investment on the way there.
Thanks very much for this list MO , that's really helpful. Full disclosure, I am invested but am feeling unsettled and might exit to wait for clearer buy signals. I'm underwater on the stock already and there is likely more downward pressure on the SP. At the moment all hydrogen stocks are under pressure, probably because few of them are turning a profit and hydrogen is still an expensive form of fuel, although given the recent spikes of fossil fuel prices, that course may be altered . Nell still looks expensive for the size of their balance sheet, not taking into account the orders. It would be helpful to know what payment schedules for these orders are and how much payment is taken upfront. I guess we will get more info at the ER. The order list is impressive but despite the increase in revenue the company is still unprofitable and the technical indicators for the stock do not look good for the short term. There is now also European competition from companies with deep pockets.
https://www.reuters.com/business/thyssenkrupp-hydrogen-unit-eyes-up-687-mln-possible-share-sale-proceeds-2022-01-13/
totally agree, the applications of this technology are far beyond meat and together with the solar foods investment makes this the most exciting holding in my portfolio. High risk and speculative but I trust Jim Mellon to sniff out the real truffles among all these alternative commodity start ups.
A European supermarket chain (AHOLD) has been labelling all its meat on the fresh meat counter section with a "quality of life" score. This chain has a good market share in the Netherlands and Belgium. It has done so not just for transparency reasons, it is also part of its branding. It will also not sell battery farmed eggs, live lobsters or foie gras. The labelling development provided some much wanted transparency on what it is you buy as it can be confusing. There seem to be some warm and fuzzy, animal friendly, vibes associated with organic meat when organic meat implies actually nothing about the quality of life of the animal involved. A successful lobby for increased transparency in labelling requirements regarding quality of life, ecological footprints, GMO presence, hormone and antibiotic content and nutritional score would really help all protein customers make better informed decisions and in my view also highlight the benefits of cell agg meats. This labelling was generated in a country where there is not much of a domestic meat industry so it was probably easier to pilot but it has now been extended to Belgium (through a supermaket takeover) which has a considerable pork industry and it survived. I can imagine UK chains like Waitrose picking up on this kind of "virtue signalling" labelling/marketing too. In fact I am surprised they have not already done so to some extent. I think there is a definite market for it.
Why is there not more PR based around the fact that the plant based competition has a lot of problems? Cel agg wins hands down on ecological grounds from the plant based alternatives. All of the plant based alternatives are heavily processed foods. Health food shops seem to excel at selling a large number of incredibly unhealthy, over-processed rubbish at highly inflated prices. A lot of them contain very high amounts of fat and sodium to make them a little more palatable and a lot of the fats are vegetable oils that are linked to autoimmune conditions https://pubmed.ncbi.nlm.nih.gov/8050192/. This is something of which I have personal experience, as in able to keep Crohn's disease in complete remission and without meds by modifying diet choices and avoiding soy and most plant based oils except for the expensive ones (walnut, avocado and olive). What you'll find in health shops is vegan and vegetarian food but not necessarily healthy foods (this applies only to packaged foods; nothing wrong with organic fruits, legumes and vege that's also sold at highly inflated prices). Anyone with an interest in nutrition will know that it is better to eat whole foods and avoid highly processed foods as much as possible. A lot of the plant based alternatives are also soy based. It seems that the majority of soy is GMO based.
https://www.theguardian.com/environment/2009/jun/21/ethical-living-soya. https://en.wikipedia.org/wiki/Genetically_modified_soybean
https://www.theatlantic.com/health/archive/2020/02/why-men-are-afraid-soy-will-turn-them-women/605968/
While I am not necessarily personally subscribing to all these view on soy, I linked the articles to show there is a weakness with the main competition and that this should give cell agg a competitive edge over plant based alternatives. I see too much media debate around the perceived cell agg negatives (the industrial bioreactor Frankenstein foods angle) and then comparing it with the ecofriendly and animal friendly non Frankenstein plant alternatives. The negatives of the plant alternatives are frequently glossed over. This seems a missed PR opportunity.