Best monthly performers
Desert Control + 25%
Leading Edge Materials + 15 %
Worst monthly performers
Newlox Gold – 35%
Solarvest Bioenergy – 33 %
Aurora solar technologies – 24%
Current positions with monthly performance for November 2021
ESGFIRE comment: This should be read and kept in mind while digesting this months portfolio update.
Absolicon – +-No change. Absolicon have signed in total 17 framework agreements and totals a sales pipeline exceeding $100 MUSD.
Aduro Clean Technologies – Down 18 % . Just like many other Canadian stocks its been a rough November for Aduro despite good news. They recently announced they have reached their first milestone and completed work for their third party validation which is now awaiting confirmation by their third party auditor. Analysis is coming shortly from ESGFIRE on Aduro.
Aurora Solar Technologies – Down 24 %. The market chose to interpret news during October as very negative. We make a different assessment as the latest validation showed that the software (Insight) is also being evaluated by a second manufacturer. There was a slight delay in the first evaluation which is calculated to being concluded during the current quarter which means before the end of 2021. Shpuld see Aurora return to old levels at 30-40 cents if they deliver as promised during December.
Char technologies – Down 13 %. Char has a sales pipeline of about 100 MUSD and it should become to materialize into sharp deals within a not too distant future.
Desert Control – Up 25 % The company gave an update on their big project in Abu Dhabi with Mawarid. The agreement was extended to include a bigger scope which could lead to larger revenues than initially was thought and is preparing for stage two. The company is gaining more and more news as fertilizer prices are exploding upwards and the need for alternative methods are being sourced globally.
Earthrenew –+- No change. Earthrenew recently released a new presentation deck where they project 28 million CAD in revenues for 2022, its currently sitting on a market cap of 15 million CAD. The stock is currently a waiting game. Fundamentals are very sound with increasing revenues and one big seller which has put a major pressure on the stock. Once this seller is gone we expect a return to more normal trading levels at 0.30-0.40 CAD
Environmental Waste international – +- 0 % No change , This is now a waiting game to see progress with the domestic facility which we hope to hear more about soon.
Newlox Gold Ventures Corp – Down 35 %. Newlox released , what the market perceived , as a very dissapointing financial report which was caused by delays in production . What should be kept in mind is that the potential based on a full production year with their current projects alone the company could be looking at revenues of 39,8 MUSD (however cost deductions for both plants and royalties for plant 2 are not included in this.) The first processing plant is soon ramping up to full scale, and Boston will begin commercial operations in early 2022.
Lion E-mobility +-0 No change- The company impressed us with a HUGE order for 2022 that was 48 million euro in size, much larger than their current market cap. The current harsh climate for micro caps is clearly visible since the big order was not permanently reflected in a higher share price.
Vicinity Motor Corp – Down 5 %. The company recently received analyst coverage from Catalyst research and Spartan capital indicating 15-32 CAD as a price target constituting 350-750 % upside from current levels. Recently came out with a financial projection of revenues for 2022 amounting to 140 MCAD. New EV models and orders have been announced. This company should also benefit from the new biden infrastructure bill.
Solarvest BioEnergy – Down 33 % ,Solarvest is now valued at less than 7 MCAD , this is less than what we anticipate in annual sales for their latest product launch.
Biofrigas Option 1 –Down 15 % Biofrigas recently updated and stated their external customer validation should be done shortly. This should prove to be a great catalyst!
Leading Edge Materials Corp – Up 15 % – Should have some short term catalyst coming up within the next few months.
Hydrogenpro – Down 20 %. Unfortunately there was a false breakout of this stock on technical analysis which made our entry bad in timing. Conviction is high with this position as they aim to deliver hydrogen at a cost of 1,2 USD per kilo in 2022.
IPO positions:
We have a number of positions in unlisted companies which we anticipate will go public through initial public offerings within the next 6-12 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 time table:
Likely going public in the first quarter of 2022 on one of the Canadian stock exchanges.
ChargePanel
Website:
https://www.chargepanel.com/
About:
ChargePanel specializes in the management, operation and usage of Electric Vehicle Charge Points.
We provide adaptable solutions for charge point owners, resellers and organizations.
IPO time table:
Begins trading on 9th of December 2021 at one of the Swedish stock exchanges.
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 time table:
Likely going public during the second quarter of 2022 at either Canadian exchanges or NASDAQ.
Legal Disclaimer
The stock price development above was calculated by taking the opening price at the first day of October and the closing price at the last day of October.
We own shares of these companies personally.
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 blog.
