Hydrogenone Capital Growth Share Discussion Threads

[pj84] 25/10/2024 16:41

Thanks for the links Kooba particlarly as at 20% of the fund, Elcogen is almost as large a holding as Sunfire at 21% of the fund.

Just reposting the links as clickable links (capitalise any of the letters in https to get through ADVFN's spam blocking.)

[kooba] 25/10/2024 09:13

Estonia's Elcogen will use the funding to support the manufacturing of its SOEC technology in Tallinnhttps://www.h2-view.com/story/hydrogen-and-electrolysers-win-big-in-eus-e4-8bn-innovation-fund-push/2116452.article/

[kooba] 25/10/2024 07:48

Seems positive for sector and for a few of the portfolio holdingshttps://www.cleanenergywire.org/news/hydrogen-start-flow-pipelines-germany-2025

[rogen83] 09/10/2024 15:55

The lack of any purchases by the investment managers speaks volumes.

[craigso] 03/10/2024 08:15

Thanks for the links PJ.

The issue is that I own a number of ITs that have made recent realisations at NAV and above. But in the absence of a bazooka-sized buyback / tender accompanying the sale, the market ultimately shrugs off the realisation and any tiny share buyback and the discount widens again.

But yes, maybe HGEN's discount would narrow into the 40s or 50s with a decent realisation.

[pj84] 02/10/2024 21:19

craigso if you didn't get to watch the results presentation the following is a good place to start to get info. on the portfolio



I'm not sure how long you have been following HGEN but these are some links from some earlier posts:-



Let's hope one of the disposals finally happens to help show the NAV value is accurate and the large discount is unwarranted.

Sunfire is the biggest holding at just over 21%

Sunfire is Hydrogenone's largest holding at 20% and is in the top 20 of Global electrolyser manufacturers

And recently they announced that Sunfire had agreed a successful fundraise

[craigso] 02/10/2024 17:13

PJ84, you can make a lot of money investing in investment trusts trading on a large discount and waiting for sentiment to improve / discount to narrow.

But you have to be able to dig into the published NAVs asset-by-asset and believe them to be credible. I can't say I've been able to do that for HGEN, as all I have is a vague conviction that hydrogen will play some role in getting to net zero.

[pj84] 01/10/2024 19:50

Actually the discount to NAV is nearly 65% but looking at it the other way round for 37.4p you are buying assets worth nearly 3 times as much if the NAV is a fair reflection of the value.

[pj84] 01/10/2024 14:24

I've decided to top up as it is hard to believe the NAV can be overstated by nearly 65%.

[craigso] 19/9/2024 11:38

I'm always wary of trying to catch a falling knife.

But this is looking really cheap. The good vibes from the HY report only lasted a few trading sessions and the Fed cutting 50bps is being shrugged off...

[pj84] 16/9/2024 21:10

"HydrogenOne hopes ‘a couple’ of disposals will reinflate its shares this year"

Let's hope one of the disposals finally happens to help show the NAV value is accurate and the large discount is unwarranted.

[livewireplus] 16/9/2024 06:25

 RNS Regulatory News:HydrogenOne Capital Growth PLC Half-year Report

[pj84] 11/9/2024 18:19

A lot of higher risk shares appear to have suffered large falls today as the market appears to be very risk off again and I am hoping it is not an indicator of any news leaking ahead of next weeks results.

Sunfire is the biggest holding at just over 21% and the following is a link skinny posted on ITM which looks very good news for Sunfire

[cc2014] 11/9/2024 13:56

The stock market is a funny thing but the share price appears to be indicating HGEN has either massively overpaid or there is little future in Hydrogen as an energy storage medium.

I'm not getting it really. Hydrogen is a bit of a tricky molecule as it's so small.

[skinny] 09/9/2024 13:28

A reminder :-

HydrogenOne Capital Growth plc, the first London-listed fund investing in clean hydrogen for a positive environmental impact, will announce results for the six months ended 30 June 2024 on Monday, 16 September 2024.

Analyst Presentation

The Investment Adviser will host a virtual presentation for analysts at 2:00 pm BST on 16 September 2024. To register to join the presentation, please contact Burson Buchanan on [phone] or [e-mail].

Investor Presentation

The Company will also host an online investor presentation at 3:30 pm BST on 16 September 2024. The presentation will be hosted on the Investor Meet Company platform and is open to all existing and potential shareholders. Questions can be submitted pre-event via the Investor Meet Company dashboard up until 9:00 am BST the day before the meeting or at any time during the live presentation.

Investors can sign up to Investor Meet Company for free and add to meet HydrogenOne via:

[brucie5] 09/9/2024 13:19

Dropping like the proverbial. I don't hold, but there seems to be a bottoming pattern from 2020; of which this is the third dip to 40p. Meantime, a 58% discount, if it's to be believed. I wouldn't have thought it can drop much lower without calling the NAV into serious question?

[adobbing] 31/7/2024 11:07

Reminder;
HYDROGENONE CAPITAL GROWTH PLC
Investor Presentation


31 Jul 2024, 14:00 BST
Starts in 2 hours
Duration
1 hour
Meeting Type
CDM
Presenters
Dr JJ Traynor - Investment Manager
Richard Hulf - Investment Manager
Questions
The ability to pre-submit questions has now closed. You may have the opportunity to submit questions whilst attending the live presentation.

[c3479z] 31/7/2024 10:59

guess the market may be looking also for some validation in the valuations which may be provided by an exit or two, they suggested 6 months ago that realisation(s) might occur within 12 months.

[amt] 31/7/2024 07:07

I think you can conclude that the share price is nuts

[c3479z] 31/7/2024 06:36

shares at less than half NAV, one or other is wrong....

[livewireplus] 31/7/2024 06:07

Q2 2024: NAV per share 103.60 pence.

[livewireplus] 30/7/2024 06:09

 RNS Non-RegulatoryHydrogenOne Capital Growth PLC Strohm contract award from TotalEnergies