Investing in Hydrogren-powered cars. Anyone done it?
Discussion
Look at Ceres Power Holdings based in Horsham. Their share price has already flown a bit but because their tech. has a unique advantage and multiple uses ( not just cars) they are forming very lucrative joint ventures with amongst others, Bosch (who have bought about 18%) and Weichai who are making buses with Ceres fuel cells in them. They are manufactures as of last autumn but their real value is in the sales of their I.P.
https://fuelcellsworks.com/news/ceres-power-and-we...
I believe they are also working with Honda and Nissan along with several Asian boiler manufacturers as their cells will work with mixed natural gas and H2.
Another to look at is AFC energy who have moved (share price) significantly recently but could have much further to go if the whispers are true.
https://fuelcellsworks.com/news/ceres-power-and-we...
I believe they are also working with Honda and Nissan along with several Asian boiler manufacturers as their cells will work with mixed natural gas and H2.
Another to look at is AFC energy who have moved (share price) significantly recently but could have much further to go if the whispers are true.
Got mine at 9p.I bought some Ceres Power (CWR) at the end of January, and they are still up over 8% despite a bit of a slump in the last few days. ITM Power PLC (ITM) who are also involved with hydrogen generation has also been climbing, although as with Ceres they have slumped a little in the last week. We are still in the early days of hydrogen for widespread use on the road, so unless you are a real expert on the subject it is very hard to tell which companies will be the VHS and which will be the Betamax. Speading your investment across as many as possible once you have researched them, is likely to be a wise move.
Using the various gold rushes of the 1800s as an example, the people who got rich were the ones who sold picks and shovels, as opposed to the miners themselves. Companies whose products are necessary to all hydrogen and electric vehicle producers should be good performers. AB Dynamics (ABDP) fall into this category, making automated test rigs for automotive applications. They also have income and a track record, plus they seem to be a good employer capable of hanging on to their key staff.
Using the various gold rushes of the 1800s as an example, the people who got rich were the ones who sold picks and shovels, as opposed to the miners themselves. Companies whose products are necessary to all hydrogen and electric vehicle producers should be good performers. AB Dynamics (ABDP) fall into this category, making automated test rigs for automotive applications. They also have income and a track record, plus they seem to be a good employer capable of hanging on to their key staff.
GliderRider said:
Using the various gold rushes of the 1800s as an example, the people who got rich were the ones who sold picks and shovels
This analogy is true. In this case, the 'spademakers' that get rich are those that clip fees from selling worthless penny stocks to retail punters...All those hydrogen/fuel cell/renewable/battery technology stocks which rocketed on the announcement of a ban on engine driven cars after 2035 have completed the second half of their 'Mad Mike Hughes' flight today.
AFC Energy -14.8%
Ballard Power Systems -5.81%
Ceres Power Holdings -7.57%
Fuel Cell Energy -6.54%
ITM Power 13.35%
Powerhouse Energy -12.88%
Velocys -19.96%
If you have any more in these fields to add to the list, please do.
AFC Energy -14.8%
Ballard Power Systems -5.81%
Ceres Power Holdings -7.57%
Fuel Cell Energy -6.54%
ITM Power 13.35%
Powerhouse Energy -12.88%
Velocys -19.96%
If you have any more in these fields to add to the list, please do.
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