The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksHydrogenOne Regulatory News (HGEN)

Share Price Information for HydrogenOne (HGEN)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 47.70
Bid: 46.80
Ask: 48.60
Change: 0.00 (0.00%)
Spread: 1.80 (3.846%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 47.70
HGEN Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Update from QuotedData

18 Oct 2023 11:56

RNS Number : 5556Q
HydrogenOne Capital Growth PLC
18 October 2023
 

HydrogenOne Capital Growth - Update from QuotedData

18th October 2023

Sky is the limit for HGEN

The disconnect between HydrogenOne Capital Growth (HGEN)'s net asset value (NAV), current and prospective track record, and its share price is hard to rationalise.

The recent bond market rout (yields have spiked higher, driving down bond valuations) has added insult to injury for renewable energy investors. Higher interest rates have increased concerns around the availability and cost of financing, in addition to the added competition from money market funds, which are now providing steady returns with lower risks than other investment types. Even so, share price discounts to net asset values on renewable energy funds now appear to be out of step with reality, driven by sentiment rather than any fundamental justification.

This is certainly the case for HGEN, which saw revenue growth of 170% year-on-year across its portfolio of green hydrogen investments (page 6 of our April 2023 initiation note gives a detailed breakdown of the different types of hydrogen - green being the most sustainable as it is produced by electrolysis powered by renewable energy), further vindicating the investment case. Whilst the last six months have been particularly harrowing for many investors, there appear to be few trusts with as high a potential ceiling as HGEN, and for the long-term investor, the current discount to NAV should provide an excellent entry point.

Full Research:

https://quoteddata.com/research/hydrogenone-capital-growth-sky-limit-hgen-qd/

This research is also available free on our website www.quoteddata.com where you will also find news, performance data and factsheets on every London listed Investment Company. QuotedData writes and distributes research on a number of quoted companies, facilitates meetings between those companies and existing and potential investors and assists in raising additional capital where required.

NB: Marten & Co was paid to produce this note on HydrogenOne Capital Growth Plc and it is for information purposes only. It is not intended to encourage the reader to deal in the security or securities mentioned in this report. Please read the important information at the back of this note. QuotedData is a trading name of Marten & Co Limited which is authorised and regulated by the Financial Conduct Authority. Marten & Co is not permitted to provide investment advice to individual investors categorised as Retail Clients under the rules of the Financial Conduct Authority.

QUOTEDDATA50 Gresham Street | London EC2V 7AYTel: +44 (0) 20 3691 9430

www.quoteddata.com | research@quoteddata.com | www.martenandco.com

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
NRANKFBPKBDDPKD
Date   Source Headline
1st May 20247:00 amRNSNotice of NAV & Portfolio Update
23rd Apr 202411:52 amRNSUpdate from QuotedData
18th Apr 20247:00 amRNSAnnual Results and Sustainability Report
18th Apr 20247:00 amRNSUpdate on HH2E
11th Apr 20247:00 amRNSNotice of Results
3rd Apr 20247:00 amRNSStrategic Investment in Elcogen by Baker Hughes
2nd Apr 20241:52 pmRNSHolding(s) in Company
5th Mar 20248:00 amRNSSunfire GmbH announces signficant new funding
28th Feb 202411:37 amRNSHolding(s) in Company
16th Feb 20244:00 pmRNSQuotedData's Weekly News & Interview
7th Feb 202410:08 amRNSQ4 2023 Net Asset Value and portfolio update
7th Feb 20247:00 amRNSQ4 2023 Net Asset Value and portfolio update
30th Jan 20246:07 pmRNSDirector Declaration
29th Jan 20247:00 amRNSNotice of NAV & Portfolio Update
14th Nov 20237:00 amRNSQ3 2023 Net Asset Value and portfolio update
18th Oct 202311:56 amRNSUpdate from QuotedData
18th Oct 20237:00 amRNSNotice of Quarterly NAV & Portfolio Update
12th Oct 20237:00 amRNSPortfolio Company Update
11th Oct 20237:41 amRNSStrategic Investment in Elcogen by HD Hyundai
10th Oct 20237:00 amRNSGen2 Energy Signs Term Sheet
25th Sep 202312:57 pmRNSHolding(s) in Company
20th Sep 20237:00 amRNSHalf-year Report
5th Sep 20237:00 amRNSNotice of Investor Presentation
29th Aug 20237:00 amRNSNotice of Results
7th Aug 20237:00 amRNSQuarterly Net Asset Value and Portfolio Update
31st Jul 20237:00 amRNSNotice of Results and Investor Presentation
11th Jul 20232:49 pmRNSPublication of “Bluffer’s Guide to Hydrogen”
23rd May 20234:07 pmRNSResult of AGM
10th May 20237:00 amRNSNet Asset Value and portfolio update
5th May 20237:00 amRNSNotice of Results and Investor Presentation
3rd May 20235:19 pmRNSInitiation from QuotedData
21st Apr 20237:00 amRNSNew UK green aircraft business formed
4th Apr 20234:52 pmRNSPublication of Supplementary Prospectus
4th Apr 20237:00 amRNSAnnual Financial Report
30th Mar 20237:00 amRNSNotice of Results and Investor Presentation
29th Mar 20237:00 amRNSPortfolio Update
23rd Feb 20237:00 amRNSCapital Markets Day
17th Feb 20237:00 amRNSInvestor Conference
8th Feb 20237:00 amRNSNet Asset Value and Portfolio Update
30th Jan 20237:00 amRNSNotice of quarterly portfolio, NAV and webinar
26th Jan 20237:00 amRNSInvestment in first green hydrogen project
17th Jan 20237:00 amRNSName Change of Administrator and Company Secretary
17th Jan 20237:00 amRNSNotice of Capital Markets Day
12th Jan 20237:00 amRNSChange of Adviser
15th Dec 20227:00 amRNS£1.1m investment in Strohm Holding B.V.
2nd Dec 20227:00 amRNSWebsite upgrade
16th Nov 20227:00 amRNSQ3 2022 Factsheet and NAV update
16th Nov 20227:00 amRNSSFDR Article 9 Fund and PRI signatory
15th Nov 20222:00 pmRNSNet Asset Value(s)
14th Nov 20222:00 pmRNSNet Asset Value(s)

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.