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October 13th, 2022 | 12:34 CEST

Fear of the numbers at Nel ASA? Is the knot bursting at BYD and dynaCERT?

  • Hydrogen
  • renewableenergies
  • Electromobility
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Climate change, high gas prices, high oil prices and dependence on "difficult" energy suppliers: There are many reasons why hydrogen and electromobility are among the undisputed topics of the future. Shares from these sectors are also among the absolute favorites of investors. But despite this, many share prices are currently on a downward trend. These include the shares of Nel ASA, BYD and dynaCERT. Is now the time to enter? There is an analyst recommendation for Nel, but the outlook for the quarterly figures next week is causing fear. BYD is shining with record sales and wants to take a division public. dynaCERT's technology for reducing CO2 emissions is being recognized more and more. The board expects a strong current quarter, and the discussion about climate targets in the transport industry speak for the Canadians.

time to read: 3 minutes | Author: Fabian Lorenz
ISIN: NEL ASA NK-_20 | NO0010081235 , BYD CO. LTD H YC 1 | CNE100000296 , DYNACERT INC. | CA26780A1084

Table of contents:

    dynaCERT: Will the breakthrough come in Q4?

    Will dynaCERT achieve a breakthrough in the commercialization of its technology for reducing CO2 emissions in the current fourth quarter? If CEO Jim Payne has his way, the answer to that question can be "yes." At the 4th IIF virtual investor conference, Payne said that major announcements can be expected in the fourth quarter. Large orders are expected, he said (link to presentation). The fact that dynaCERT's technology works and is recognized in the market is shown, among other things, by an award from the Canadian Windfall Ecology Centre. Alectra Utilities Corporation, for example, was recognized for using dynaCERT's HydraGEN technology to reduce fleet vehicle emissions and fuel costs.

    Alectra is dynaCERT's reference partner. In a pilot program, Canada's largest municipal electric utility has been using 13 vehicles equipped with dynaCERT's patented HydraGEN technology since last year. The data obtained is promising. Thanks to HydraGEN, over 8,000 kilograms of CO2 have been saved, and diesel consumption has been noticeably reduced. Specifically, there were the following savings: Fuel -10%, CO2 emissions -9.6%, NOx emissions -88.7%, CO emissions -46.7%, THC emissions -57%, particulate emissions (black smoke) -55.3%. This makes HydraGEN an excellent choice for the transportation industry to meet its climate goals. Because, as Handelsblatt has reported, the industry is likely to face stricter targets. The plan is for heavy-duty transport to reduce greenhouse emissions by 55% by 2030. But this is taking too long for many. Based on a study by the Dutch research institute TNO, calls are now being made to tighten the targets. No matter what the new laws look like, retrofitting the existing truck fleets is likely to be key. Here, dynaCERT could help.

    BYD: IPO of chip division planned and large truck order

    Shareholders of BYD have been asking themselves for weeks why the share price is not significantly higher. After all, the Company has only been reporting positive operating news. After the Chinese carmaker rushed from sales record to sales record in the electrified passenger car sector and replaced Tesla as the market leader, a major order has brought another division into focus. Within this year, BYD will deliver 120 electric tractor units to Mexico. The first 5 have now been handed over to Marva. The Mexican transport company has the ambitious goal of building the first all-electric tractor fleet in Latin America. BYD is thus showing that it is much more than a carmaker but can also do good business with batteries, commercial vehicles and monorail in the future. BYD is also getting more and more involved in semiconductors. The semiconductor division, BYD Semiconductor, is even to be spun off and floated on the stock market. In order to prepare the subsidiary for the leap from the stock exchange floor, BYD is investing in the division. Together with Fortune-Tech Capital and other partners, it is investing in Advancechip, a manufacturer of digital signal processors and another chip company. Despite all the good news, the share is trading at EUR 25, far from its June high of around EUR 40.

    Nel ASA: Afraid of the numbers?

    Nel ASA is currently under severe strain. In operational terms, the Company is not getting off the ground with slow growth rates, and the price chart is also severely battered. In euros, the share is approaching the penny-stock level. Yesterday, for example, the Nel share was temporarily quoted at just EUR 1.03. The reason could be the upcoming Q3 figures. On October 20, the Norwegians will report on the past three months. A strong sales growth is doubtful - at least no major orders have been reported - and the losses are likely to remain enormous. Even a positive analyst comment cannot help the share price at the moment. Jefferies has reinstated Nel in its coverage, and the analysts recommend the shares of the Norwegian hydrogen specialist as a buy with a price target of NOK 19. Political support in the US and Europe, and high energy prices should help the entire sector. However, the share has not been helped by this commentary so far.

    Hydrogen, electromobility and energy efficiency are topics of the future. BYD has positioned itself firmly in several areas. The share is likely to benefit from this. If the commercialization of dynaCERT gains momentum in the coming weeks, the share price should also pick up. The Nel share is ripe for a rebound in the short term, but sales growth must finally pick up in the medium term.

    Conflict of interest

    Pursuant to §85 of the German Securities Trading Act (WpHG), we point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH (hereinafter referred to as "Relevant Persons") may hold shares or other financial instruments of the aforementioned companies in the future or may bet on rising or falling prices and thus a conflict of interest may arise in the future. The Relevant Persons reserve the right to buy or sell shares or other financial instruments of the Company at any time (hereinafter each a "Transaction"). Transactions may, under certain circumstances, influence the respective price of the shares or other financial instruments of the Company.

    In addition, Apaton Finance GmbH is active in the context of the preparation and publication of the reporting in paid contractual relationships.

    For this reason, there is a concrete conflict of interest.

    The above information on existing conflicts of interest applies to all types and forms of publication used by Apaton Finance GmbH for publications on companies.

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    Der Autor

    Fabian Lorenz

    For more than twenty years, the Cologne native has been intensively involved with the stock market, both professionally and privately. He is particularly passionate about national and international small and micro caps.

    About the author

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