Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I've been active in the markets since 1984 yet they still manage to confound me. The results were splendid but the share price response has been v disappointing. I've topped up with another £2k buy to take my holding to £15k but v bemused
I have to say the director sell of £5M is a real blow and convinced me to sell all my holdings. I have been in and out of darktrace and so far just about evens. Every time I think this is it darktrace manage to drop a clanger. . I wouldn't be surprised to see this back below £4
I see credit suisse has slashed target price on ITM to £2.35 citing pricing power weakness. I presume this is having a knock on effect at Nel. Feel I'm missing something here.... all the geopolitical stars are aligned in hydrogens favour and yet the share price remains weak
As others have alluded to ... the pipeline here is the key. It's inconceivable they won't convert at least 1/3 of these (industry average). It's quite conceivable to convert 50% . The company clearly has faith in their products and frankly they are the only manufacturer who can at produce at scsle.ITM are about 18/12 behind and from my understanding don't have the potential manufacturing capacity of Nel ( this is a judgement not a face)
My only concern regarding Nel... is what am I missing? Why are institutional investors thinking so differently? Then again I was flabbergasted when Shell hit £9 and Bp went sub £2... I filled my boots and just sold. They were a screaming buy as was Lloyds sub 30p (still holding). So despite the resources they have .. analysts miss stuff. My guess is they are missing here
I agree may not be jam tomorrow but hydrogen economy stocks can really fly on positive news ... see ceres power recently.
Like MO I'm in for the long term. This feels so much like internet stocks in the last 90s. This decade will see big winners in new energy, biotech and machine learning
Just added a few more (2475) which takes my holding to 22000 shares. Whether it's tomorrow or 6 months this will move. If big oil is really serious Nel would be a great fit ( small change with oil profits atm) You get electrolysers and refuelling together.
The geopolitical situation sadly can only be v favourable too
Thanks MO,
This is my 3rd biggest holding and I share your enthusiasm. I am an angel investor in 2 hydrogen start ups and the consensus amongst the teams is that Nel electrolysers are the tops.
I've just been on the Hexagon website and the results are v encouraging. I understand Nel are a partner but do you know if they have retained a holding in Hexagon?
Good luck to all holders for tomorrow