Close menu

August 26th, 2021 | 13:12 CEST

Pure Extraction, Nikola, SFC Energy - Is Elon Musk wrong with his hydrogen forecast?

  • Hydrogen
Photo credits:

On the subject of eMobility, Elon Musk, CEO of Tesla Automotive, takes a clear position: In the future, cars and transport vehicles will be electric, and the energy they need will come from batteries. Any other solution is unthinkable for him, as he recently let slip in a mocking remark when asked about hydrogen as a fuel. But even Elon Musk is not always right. Many respected scientists around the world recognize the advantages of hydrogen technology. Particularly in combination with a fuel cell, the advantages of rapid refueling and trouble-free gas transport to even the remotest corners of the earth do not seem to be underestimated. These stocks benefit from the triumph of hydrogen technology!

time to read: 3 minutes | Author: Carsten Mainitz
ISIN: PURE EXTRACTION CORP. | CA74622J1012 , NIKOLA CORP. | US6541101050 , SFC ENERGY AG | DE0007568578

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


    Pure Extraction - Green light

    The Canadian Company First Hydrogen, which is currently still trading under its old name Pure Extraction on the stock exchange, is preparing to revolutionize the market for emission-free delivery vehicles. Using a "best of" approach, the Company, together with its experienced partners Ballard Power and AVL Powertrain, aims to produce a prototype zero-emission delivery vehicle based on hydrogen fuel cell technology within just twelve months in order to overcome the disadvantages of battery technology, such as short-range or long charging cycles. The contracts signed with the partners for this purpose back in July have now finally been signed off.

    Ballard Power will develop and supply the appropriate fuel cell for the joint project; AVL Powertrain has been contracted to design and manufacture the prototype based on a proven chassis. To finance the development, the Company, currently valued at approximately CAD 88 million, recently completed a private placement of 2.4 million shares at a price of CAD 1.25, raising approximately CAD 3 million.

    The newly issued shares are linked to a warrant with a term of 2 years and a subscription price of CAD 2.00. The shares are currently trading at around CAD 1.90. The Company is still at an early stage of development; the next step is completing the prototype. In perspective, we are convinced that a relevant market for such a product will emerge.

    Nikola - Is the turnaround finally in sight?

    The suffering of Nikola shareholders continues. The paper of the fuel cell commercial vehicle pioneer recently reached a new low for the year at USD 9.02. But could that be it now? Was that the dregs? After all, the share has since recovered to over USD 10. For this trend to continue, Nikola must deliver more positive news in the future. Investors are still too aware of the fraud allegations against the former CEO, the collapse of the GM deal and the cancellation of various orders in the wake of the Corona pandemic.

    And so the Company, which is currently still valued at around USD 4 billion on the stock exchange, is taking small steps to regain the lost trust of investors. In the second quarter, the Company announced a cooperation with the American Tank & Rast operator TravelCenters of America to build two hydrogen filling stations in California.

    In the current Q3, the Company now announced the receipt of USD 2 million in funding from the US Department of Energy to develop autonomous refueling technology for future hydrogen stations. So things are moving forward, albeit in small steps. Hard-core investors can take a small position in the portfolio at the current price. For all others, it is: wait and see! In any case, there are currently no reasons in sight for an imminent price rally.

    SFC Energy - Strong half-year figures

    First of all: No, SFC Energy has nothing directly to do with electric mobility. The Company from Brunnthal in Upper Bavaria develops and manufactures self-sufficient long-term power supplies based on fuel cells, usually operated with methanol. The largest 2,500-watt system in the 50 kW class is also operated with pure hydrogen. These power supplies are used, for example, at weather measuring stations in offshore wind farms or in other locations that are difficult to access. In addition, the Company also provides the necessary power electronics, measurement technology, etc., which are required for highly demanding measurements or in critical industrial production.

    Now on Tuesday, the Company presented its half-year figures, which excited investors. Sales rose by 12.3%, and gross profit climbed by as much as 27.5%. Due to increased provisions for compensation programs, EBITDA remained negative but improved year-on-year to EUR -1.9 million from EUR -2.1 million. The Management Board was also able to confirm the forecast for the current fiscal year: sales are expected to increase by between 15% and 30% compared to the previous year. The figures were reason enough for the analysts at First Berlin to confirm their target price for the share of EUR 44.00. That corresponds to a price potential of just under 60%.

    Of the three shares presented, SFC Energy is certainly the most established Company. The newsflow is positive, and the share is developing largely decoupled from the rest of the hydrogen market. Anyone who wants to participate in the opportunities and inevitably also the risks of a still young company in the sector should take a closer look at First Hydrogen. If the emission-free delivery vehicle project is successful at an affordable price, a huge market will open up for the Company, and a takeover could be considered. On the other hand, Nikola's shares should be viewed from a distance for the time being. As long as the newsflow is not more steady and positive, a strong increase in the share price is not to be expected for the time being.

    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 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

    Carsten Mainitz

    The native Rhineland-Palatinate has been a passionate market participant for more than 25 years. After studying business administration in Mannheim, he worked as a journalist, in equity sales and many years in equity research.

    About the author

    Related comments:

    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.


    Commented by Fabian Lorenz on November 23rd, 2022 | 11:43 CET

    China causes a bang in Qatar: Opportunity for Nel ASA, Plug Power, First Hydrogen, ITM Power

    • Hydrogen
    • greenhydrogen

    Germany wanted to secure liquefied natural gas (LNG) from Qatar to reduce its dependence on Russia. But now China is digging in and securing LNG supplies from the emirate for the next 27 years. During this time, 108 million tons are to be supplied. Germany only wanted to commit for 5 years. While this does not necessarily take the German government's deal off the table, it does show that gas supplies will continue to be anything but secure or cheap in the future. And it shows how vital hydrogen will be in the future and that policymakers must push for its promotion because hydrogen from renewable energies can at least partially replace natural gas. Companies like Nel ASA, Plug Power and First Hydrogen can benefit from this. In 2022, however, only First Hydrogen was convincing.


    Commented by Armin Schulz on November 21st, 2022 | 14:22 CET

    BYD, dynaCERT, Plug Power - Sustainable shares for the portfolio

    • Hydrogen
    • greenhydrogen
    • Electromobility

    The end of fossil fuels is inevitable. The only question is how quickly we can make the transition. And the answer to that question will determine the extent of the impact of climate change. Last year alone, more than USD 6 billion was pledged to phase out fossil fuels. And this trend will only intensify. The Paris Agreement, signed by nearly 200 countries in 2016, set a goal of limiting global warming to below 2°C. Vehicles with internal combustion engines are major emitters of emissions. If we succeed in reducing CO2 emissions here, we will be closer to achieving the targets. Today we take a look at three companies that are helping to make mobility more environmentally friendly.