Close menu




March 4th, 2021 | 08:48 CET

NEL, Enapter, Ballard Power: More than a dream of the future

  • Hydrogen
Photo credits: enapter.com

Hydrogen was the big thing for many speculative investors last year. But recently, share prices have plummeted. What happened? After the highs of the past few months, investors are taking profits. In addition, the market is looking at the bare facts. This view reveals excellent prospects, but also many investments along the way. We present three stocks in check.

time to read: 2 minutes | Author: Nico Popp
ISIN: NO0010081235 , DE000A255G02 , CA0585861085

Table of contents:


    Dirk Graszt, CEO, Clean Logistics SE
    "[...] We can convert buses and trucks to be completely climate neutral. In doing so, we take a modular and incremental approach. That means we can work with all current vehicle types and respond to new technology and innovation [...]" Dirk Graszt, CEO, Clean Logistics SE

    Full interview

     

    NEL: Jack-of-all-trades under pressure

    Norway's NEL is the hydrogen superstar. In addition to producing hydrogen, the Company also handles distribution and storage. NEL itself has stakes in various companies and aims to combine different technologies to advance the hydrogen theme. In 2021, NEL plans to invest further, hire new employees and thus come closer to its goal of offering a ton of green hydrogen at USD 1.50 by 2025. Currently, green hydrogen, i.e. hydrogen produced with renewable energies, is not yet competitive.

    But 2025 is still a while away - especially on the stock market and a lot can happen in such a long time. In recent weeks, the NEL share has retreated from its highs above the EUR 3 mark and has also fallen below some critical chart levels. The short-term picture is, therefore, rather gloomy. Those who still believe in the story around NEL should wait for a bottoming out.

    Enapter: German hydrogen hope is getting serious

    The Enapter share has also consolidated in recent weeks and currently seems to have stabilized around EUR 30. The Heidelberg-based hydrogen pioneer has dedicated itself entirely to the task of making hydrogen more affordable. The Company is building modular hydrogen generators based on anion exchange membrane technology and holds patents for them in Europe, the USA, China and India. Construction of the Company's production plant in Saerbeck, North Rhine-Westphalia, is scheduled to begin this September and be completed in 2022. Already recently, the first Enapter employees started work in rooms at the Münster University of Applied Sciences. Once the factory is in full production, Enapter aims to manufacture more than 100,000 electrolysers annually.

    The Company estimates its lead over the competition at up to five years. A capital increase is currently underway to drive further development and implement production as planned. Enapter intends to raise more than EUR 30 million, with the subscription price of the new shares set at EUR 22. The fact that the market price is currently at a significantly higher level can be interpreted as a sign of strength. Enapter is an attractive hydrogen play "Made in Germany" and is in no way inferior to many big names. Investors should have the stock on their watchlist.

    Ballard Power strongly positioned

    Also considered an attractive hydrogen stock is Ballard Power. The Canadian manufacturer of fuel cells presented the first hydrogen-powered bus as early as 1993 and has repeatedly entered into cooperation agreements with the automotive industry's well-known representatives over the years. Since 2018, there has been a strategic partnership with the Chinese Company Weichai Power. As a result, Ballard Power receives orders for fuel cells for buses and trucks, among other things, for the Chinese market. Most recently, Ballard Power also cooperated with Alexander Dennis Ltd, one of the largest non-captive omnibus manufacturers, and is therefore indirectly working with the Chinese electric car manufacturer BYD.

    Ballard Power's stock lost 23% in the last month alone. In the longer term, however, the stock remains in the black. Since market experts consider hydrogen to be a technology for buses or trains, Ballard Power appears to be well-positioned with its numerous cooperations and years of experience. However, for buses to be profitable on the road, low-cost green hydrogen is crucial. Here, companies such as NEL and the German hydrogen hopeful Enapter could come into play.


    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

    Nico Popp

    At home in Southern Germany, the passionate stock exchange expert has been accompanying the capital markets for about twenty years. With a soft spot for smaller companies, he is constantly on the lookout for exciting investment stories.

    About the author



    Related comments:

    Commented by Juliane Zielonka on December 1st, 2022 | 13:09 CET

    First Hydrogen, Tesla, Volkswagen - Hydrogen or battery drive, who makes the race?

    • Hydrogen
    • Electromobility
    • GreenTech

    The German Federal Ministry of Research and Education has big plans: the natural gas network is to be converted as a supply structure for hydrogen so that Germany is well equipped for the future. The Canadian company First Hydrogen is betting on hydrogen propulsion, launching its first production facility in Quebec. A call for leadership is being heard regarding Elon Musk and his car company Tesla. It seems that a blue bird and the desire for freedom of expression are taking up so much of his time that the share price is wobbling. The competition is not sleeping: Volkswagen is currently number one in Europe with its EV models. Who will make the race?

    Read

    Commented by Fabian Lorenz on December 1st, 2022 | 11:55 CET

    Comeback stocks: Nel, Aurora Cannabis, Barrick Gold, Tocvan Ventures

    • Mining
    • Gold
    • Hydrogen
    • Cannabis

    Gold, cannabis and hydrogen could be among the top trends of the coming year - also on the stock market. Due to full order books, Nel could be poised for a comeback in 2023. At least sales are already secured until mid-2024. Now, all that is left is to cut the loss to reach analysts' price targets. Aurora Cannabis has largely completed its turnaround and is also hoping for legalization in Europe and the US. Driven by a strong gold price, mining stocks have already jumped. Now exploration companies should follow. Tocvan Ventures is one of them. And with the gold explorer, investors can look forward to a regular news flow in the coming year. Are the three candidates comeback stocks in 2023?

    Read

    Commented by André Will-Laudien on November 29th, 2022 | 11:10 CET

    Hydrogen from Qatar: Nel, Plug Power, dynaCERT and ThyssenKrupp, winners in H2 fever!

    • Hydrogen
    • greenhydrogen
    • GreenTech

    "The accelerated expansion of hydrogen supply chains is central to the transition to sustainable energy." Economics Minister Habeck welcomed the planned cooperation between German companies and Emirati producers of hydrogen. For this purpose, there is a new research cooperation between the Fraunhofer Institute and the Ministry of Energy of the United Arab Emirates. Of particular interest to Germany is the production, storage and delivery of green hydrogen to the EU. Whether the FIFA World Cup will help to deepen industrial relations in this field is not certain. But what is important is that hydrogen technology is finally gaining momentum worldwide. We take a look at the protagonists in the round-up for important investments.

    Read