Originally published on 7/6 2024
ESGFIRE returns since 2018: + 1000 %
Don’t forget to subscribe to our newsletter since that is our main point of contact with our readers.
Click this link to sign up for our free newsletter!
Portfolio top picks for April 2024
Clean Motion
Replenish Nutrients
Market Update May 2024
In May 2024, the small-cap stock market showed mixed performance across Europe and North America. European small caps experienced moderate growth driven by positive economic indicators and strong corporate earnings in certain sectors. In contrast, North American small caps faced volatility due to economic uncertainty and fluctuating commodity prices. We are beginning to see a better overall investment climate in Europe due to lowered interest rates across Europe.
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 May 2024
Replenish (Earthrenew)
Performance year to date: -25 %
Market comment:
Replenish Nutrients reported strong sales growth for its organic fertilizers, driven by increasing demand for sustainable agricultural products. The company also launched a new line of soil health products, which has been well-received in the market.
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: + 115 %
Market comment:
Clean Motion is currently the largest holding of the ESGFIRE portfolio.
Clean Motion received approval for its solar-powered vehicle, EVIG, in the European Union. This green light allows Clean Motion to expand its market reach across Europe, setting a new standard for sustainable commercial electric vehicles. Additionally, Clean Motion inaugurated a new factory capable of producing 3,000 vehicles per year, significantly boosting its production capacity and operational efficiency. ESGFIRE also released an analysis which sets a target price of 18 SEK for 2025 which can be found HERE https://esgfire.com/en/all-posts/clean-motion-a-hidden-gem-in-the-electric-vehicle-market/
Landi Renzo
Performance year to date: – 31 %
Market comment:
Landi Renzo secured a significant contract to supply natural gas and hydrogen fuel systems to a major logistics company. This deal is expected to enhance the company’s market position and contribute positively to its financial performance.
Conclusion
Overall, May 2024 showed a positive trend for the ESGFIRE portfolio, with all companies achieving stock price gains and significant business developments. The small-cap market remains dynamic, with opportunities and challenges shaping the investment landscape. We continue to monitor our portfolio companies closely to capitalize on emerging trends and opportunities.
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 or forth 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
companies may or may not have paid the author for content posted on this website. This
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 at May 6th 2024.
Investing in stocks is combined with certain risks and it is possible to lose your entire investment. Our posts are made for Educational purposes only and are not to be interpreted as tips , financial advice or recommendations of any kind to either buy or sell any stocks.
Companies may or may not be paying us for content posted on this website
