Originally published on 9/4 2023
ESGFIRE returns since 2018: + 1000 %
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Portfolio top picks for April 2024
Clean Motion
Replenish Nutrients
Landi Renzo
Sold positions:
Gomero Group
Absolicon
Ekobot
Norditek
Vicinity Motors
Comment on sold positions:
We have currently chosen to concentrate the portfolio around three main public positions which are Clean Motion, Landi Renzo and Replenish Nutrients. As previously disclosed we sold our positions in Absolicon and Gomero due to respective company’s managements inability to deliver on their communicated goals. Recently we’ve also sold our positions in Ekobot, Norditek and Vicinity Motors to concentrate our portfolio around three main positions ,Clean Motion, Replenish Nutrients and Landi Renzo, which we think have the highest ability to outperform the market at this time.
Market comment for February / March 2024
Markets are looking strong and especially the small cap markets appear that they are coming back to life .
The TSX smallcap index is up 10,29 % so far in 2024 and in Europe The Swedish smallcap index for Nasdaq is up 27,42 % for the last 6 months.
The portfolio remains 100 % invested at this point.
About us:
ESGFIRE is a Swedish investment company and research firm that focuses on companies with either an environmentally friendly service or product. ESGFIRE has a performance record of over 1000 % returns since 2018. By only investing in environmentally friendly companies, ESGFIRE have outperformed the major indexes for several years. We have a track record of over 1100 % returns since 2018 using our own proven method of identifying high potential ESG companies.
Current ESGFIRE portfolio with Monthly performance for February 2024
Replenish (Earthrenew)
Performance year to date: – 17,65 %
Market comment:
We are confident that Replenish is bound to see a huge upwards valuation near term.
The company received 7 million CAD in grants which are not required to be repaid. The cash will be used as equity for the companys Deboult granulation facility and remaining funds are expected to be secured through loan term sheets.
Other potential triggers near term are:
1. Licensing revenues with high margins and ongoing discussions with partners.
2. Field studies showing the superiority of the companys products.
3. Build start of Deboult granulation facility
Clean motion
Performance year to date: + 32,58 %%
Market comment:
Clean Motion is currently the largest holding of the ESGFIRE portfolio.
We are eagerly awaiting the confirmation of the type approval which was set to be approved during November. The company have moved the deadline ahead on several occasions but since factors of the approval remain outside of the company’s control we are not too dissapointed with the delay at this point. Clean motion are certainly delivering news on a scale not seen for long and we definately think that their cooperation with NEOM is bound to give them both major revenues and marketing which will enable and simplify sales in their other markets. Unfortunately we have yet to see the company release news on their type approval but hopefully this will materialize soon.
We urge all readers to read our update on Clean Motion with encouraging news.
Landi Renzo
Performance year to date: – 22.39 %
Market comment:
Landi Renzo had a new analysis released by BG which can be viewed HERE. The target price of GBC AG is 0,70 EUR. We also recommend you read THIS analysis on the company for more information.
IPO positions
We have a number of positions in unlisted companies which we anticipate will go public through initial public offerings within the next 6-18 months.
Evanesce packaging solutions
Website: https://evanesce.com/
About:
As a sustainable technology innovator,Evansesce is revolutionizing sustainable packaging with 100% compostable and affordable plant-based solutions.
IPO Status:
ESGFIRE and those of our readers who invested in the company entered at a valuation of 30 MCAD implying a likely 12-24 X upside to our initial investment. The company is likely going public in the third quarter of 2024 on one of the Canadian stock exchanges or NASDAQ.
Captico2
Website:
https://captico2.com/
About:
The vision of Captico2 is to be the world leading in offering high impact Carbon Capture Utilisation and Storage technologies (CCUS). Captico2 can capture mineralize and transform carbon dioxide into a valuable and sellable commodity in less than 60 seconds. The company aims to pre-sell 10 full scale units in 2022 creating potential revenues of 160 million EUR. The company currently has a 500 million USD sales pipeline.
IPO status:
Captico2 is currently undergoing restructuring and IPO plans have been postponed .
Ola Media
Website: https://www.olamedia.mx/
About:
OLA MEDIA is a network of interactive touch screens located exclusively in the backseat of Ubers. By leveraging innovative technologies and captivating spaces, they help brands create engaging experiences with a high value audience.
IPO status:
Ola Media is currently closing a capital round which implies a 400 % upside for our initial investment. The company is likely going public during Q4 of 2024 at either Canadian exchanges or NASDAQ.
Alchemy
Website: https://alchemynano.com/en/
About:
Alchemy is developing innovative nanocoating solutions to the challenges faced by many industries. Their coatings are designed to repel water, dirt, and ice while maintaining the high transparency, mechanical durability, and weatherability specifications for advanced sensor systems used in harsh environments. The company has a deal with the Canadian army and this may be further increased during this fall which could imply a 3-5 X valuation of our initial investment.
IPO status:
Most likely going public by Q4 of 2024.
Legal Disclaimer
The stock price development above was calculated by taking the opening price at the first day of the month and the closing price at the last day of the month.
This post is based upon reliable sources, namely regulated press releases from the company, as referred to above. Nevertheless, this post may contain interpretations, estimates, or opinions of the authors, or other non-factual information. If that is the case, this is continuously stated above. Furthermore, any projections, forecasts, or similar are explicitly stated as such. These projections, forecasts, or similar have been conducted based on EV/SALES multiple calculations.
The author holds shares and/or other securities of these companies and the relevant
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may impact the content on the website. Because of the above, ESG Fire urges the visitors to always analyze all the posts critically in an objective manner, e.g., concerning the reliability of the relevant source and of what constitutes the authors’ personal interpretations. The visitor is hereby reminded that the post does, as set forth in the Post, contain interpretations, estimates, or opinions of the authors. This post was written by Filip Erhardt , at ESGFIRE , published atApril 9th 2024.
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