Close menu




March 30th, 2021 | 08:12 CEST

Nel ASA, Enapter, Nikola - hydrogen shares on the verge of a comeback!

  • Hydrogen
Photo credits: pixabay.com

The hype surrounding hydrogen companies was abruptly curbed on the stock markets by sharp price falls in recent weeks. In some cases, the stocks' price, which had previously been running hot, fell by more than half. A healthy, strong correction in the upward trend. The goal of creating a carbon-free economy, especially in the energy sector, can hardly be achieved without green hydrogen technologies. Thus, the profiteers of this trend will continue to expand their valuations in the future.

time to read: 3 minutes | Author: Stefan Feulner
ISIN: NO0010081235 , DE000A255G02 , US6541101050

Table of contents:


    Enapter - Saerbeck the center of Europe!

    What role does the 7,000-inhabitant community of Saerbeck, located in the northern Münsterland region, play when it comes to renewable energy strategies? A very big one because the "NRW climate municipality" is a pioneer and already produces twice the electricity it needs through its bioenergy park, rooftop solar panels and a nearby wind farm.

    Saerbeck plans to launch hydrogen mobility in 2022. Thus, a hydrogen bus line and a hydrogen filling station will be established in the following years. It is a win-win situation between the community and Enapter AG, which plans to build its campus there by 2022 at the latest. In the future, the modular systems for the production of green hydrogen will be manufactured and further developed here in large quantities - 100,000 AEM electrolyzer units per year are expected. The new production and research site is to be operated entirely with renewable energies from the Saerbeck solar, wind and biomass plants, as well as from the Company's solar plants and hydrogen storage facilities.

    Enapter AG is thus taking on the pioneering role for an entire industry and could grow mightily as a result. If you take a closer look at Germany's goals for building a self-sustaining hydrogen industry, the Company is swimming on the top wave. The German government plans to build up to 5 GW of green hydrogen capacity by 2025 and support the construction and operation of electrolyzers. Much of this capacity could come on stream as early as the end of 2022 through the Saerbeck campus, which should be able to produce modular electrolyzers with a total annual capacity of 280 MW, more than 5% of the federal government's target. The European Union's plans are equally ambitious. Their ambition is to install at least 40 GW of renewable hydrogen electrolyzers by 2030 and deploy green H2 technology on a large scale in all hard-to-decarbonize sectors by 2050.

    Investors have also recognized the signs of the times. After the subscription offer ended on March 9 with an oversubscription of 42%, a further EUR 16.1 million was subscribed in the private placement afterwards - bringing the total gross proceeds to EUR 17.8 million. Enapter AG is in a fast-growing market and could become a market leader in green hydrogen technology due to its technological advantage and existing know-how. First Berlin analysts see the share as a buy candidate with a price target of EUR 41.70, a target that is definitely achievable.

    Nel ASA - New attempt

    The share price of the Norwegian industry leader Nel ASA has suffered considerably in recent weeks. It went from the January high of EUR 3.40 to EUR 2.06 in the low south. At this level, around EUR 2.15, there are striking support zones that should be held at all costs. So far, this mark has been held several times. Yesterday, the price successfully moved away from the danger zone and was at EUR 2.32 at the close of trading, a gain of more than 5%. If the mark is defended, prices around the EUR 3 mark could beckon again relatively quickly.

    Fundamentally, Nel ASA announced positive news last week. The Norwegians signed a letter of intent with Haldor Topsoe for the supply of end-to-end green ammonia and methanol solutions. Under the MOU, Nel will contribute extensive experience in alkali and PEM electrolysis technology and proprietary hardware, as well as systems engineering knowledge for hydrogen production. Haldor Topsoe will provide technical proprietary hardware, catalysts and technical service for its ammonia and methanol technologies.

    Nikola - On the brink

    If you look at the specialist's chart for electrically powered trucks, it is difficult to imagine a trend reversal. Fraud allegations against the former management are still weighing on the share price. In addition, recurring product shifts are gnawing at investors' nerves. Currently, Nikola plans to launch its first zero-emission, fuel cell-powered truck in 2023, complete the first phase of a factory under construction in Arizona by the end of the year, and build the first of up to 700 hydrogen fueling stations starting next quarter. To this end, the stock market is to be tapped with a capital increase of USD 100 million. From a chart perspective, the share price is currently at a critical support line at EUR 13.50.

    The share price is currently at an impressive short position. Currently, the short ratio amounts to a proud 35%. Should positive news come across the ticker soon, a price fireworks could be ignited. However, there are also risks of a total loss: a hop or top game for investors with strong nerves.


    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 in the future hold shares or other financial instruments of the mentioned companies or will bet on rising or falling on rising or falling prices and therefore a conflict of interest may arise in the future. conflict of interest may arise in the future. The Relevant Persons reserve the shares or other financial instruments of the company at any time (hereinafter referred to as the company at any time (hereinafter referred to as a "Transaction"). "Transaction"). Transactions may under certain circumstances influence the respective price of the shares or other financial instruments of the of the Company.

    Furthermore, Apaton Finance GmbH reserves the right to enter into future relationships with the company or with third parties in relation to reports on the company. with regard to reports on the company, which are published within the scope of the Apaton Finance GmbH as well as in the social media, on partner sites or in e-mails, on partner sites or in e-mails. The above references to existing conflicts of interest apply apply to all types and forms of publication used by Apaton Finance GmbH uses for publications on companies.

    Risk notice

    Apaton Finance GmbH offers editors, agencies and companies the opportunity to publish commentaries, interviews, summaries, news and etc. on news.financial. These contents serve information for readers and does not constitute a call to action or recommendations, neither explicitly nor implicitly. implicitly, they are to be understood as an assurance of possible price be understood. The contents do not replace individual professional investment advice and do not constitute an offer to sell the share(s) offer to sell the share(s) or other financial instrument(s) in question, nor is it an nor an invitation to buy or sell such.

    The content is expressly not a financial analysis, but rather financial analysis, but rather journalistic or advertising texts. Readers or users who make investment decisions or carry out transactions on the basis decisions or transactions on the basis of the information provided here act completely at their own risk. There is no contractual relationship between between Apaton Finance GmbH and its readers or the users of its offers. users of its offers, as our information only refers to the company and not to the company, but not to the investment decision of the reader or user. or user.

    The acquisition of financial instruments entails high risks that can lead to the total loss of the capital invested. The information published by Apaton Finance GmbH and its authors are based on careful research on careful research, nevertheless no liability for financial losses financial losses or a content guarantee for topicality, correctness, adequacy and completeness of the contents offered here. contents offered here. Please also note our Terms of use.


    Der Autor

    Stefan Feulner

    The native Franconian has more than 20 years of stock exchange experience and a broadly diversified network.
    He is passionate about analyzing a wide variety of business models and investigating new trends.

    About the author



    Related comments:

    Commented by André Will-Laudien on January 24th, 2022 | 13:53 CET

    NEL, dynaCERT, Plug Power - Hydrogen: First the crash, now the rebound?

    • Hydrogen

    Elon Musk has been considered an absolute star on the stock market since 2021. First PayPal, then Tesla and later SpaceX. He is an ingenious entrepreneur with almost clairvoyant abilities when it comes to future megatrends. Because whatever he touches becomes a hot topic overnight. However, he smiles at the hype surrounding hydrogen. After all, he is one of the loudest critics of this technology. He has repeatedly called it "stupid" to use electricity to produce hydrogen to power a fuel cell, which in turn generates electricity. Fuel cells are "fool cells" in his eyes. So why do H2 values have their relevance on the stock market after all?

    Read

    Commented by Nico Popp on January 19th, 2022 | 10:59 CET

    NEL, dynaCERT, Volkswagen: Will the last be first?

    • Hydrogen

    Energy prices are going through the roof. Anyone who has to change their energy supplier these days is in for a surprise. Surcharges of 50% and more for electricity and gas are not uncommon. In this context, questions about the drives of the future are becoming louder again. Although hydrogen also has a high energy requirement, the German Federal Ministry of Economics and Technology promotes green hydrogen as a lower levy under the Renewable Energy Sources Act. Reason enough to take a closer look at some stocks related to hydrogen and mobility.

    Read

    Commented by Carsten Mainitz on January 13th, 2022 | 14:13 CET

    dynaCERT, Plug Power, Nikola - Will hydrogen be the comeback of 2022?

    • Hydrogen

    Electromobility is an important building block for reducing CO2 emissions. However, batteries are not efficient enough due to their limited range and long charging times, especially in heavy-duty traffic. The most promising technology is hydrogen. However, after a veritable hype last year, many values experienced an abrupt crash after it became clear that the necessary infrastructure was not yet ready. But in 2022, the course could slowly be set, and hydrogen stocks could make the comeback of the year. We took a closer look at three promising candidates.

    Read