Originally published on 3/12 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 December 2024
Clean Motion
Replenish Nutrients

Market Comment for November

November 2024 showcased strong performance across global markets, marking a stark contrast to the volatility seen earlier in the year. Major indices, including the Dow Jones, S&P 500, and Nasdaq, achieved record highs, bolstered by renewed investor optimism driven by favorable economic policies and robust corporate earnings. European markets experienced steady gains, with small caps benefiting from improving macroeconomic indicators and continued investment in innovative sectors.

The renewable energy sector delivered positive results overall. Solar and wind energy companies saw heightened demand as governments expanded clean energy incentives, although some players still grappled with cost pressures from lingering supply chain constraints. Notably, the hydrogen energy segment gained momentum, with new projects and increased funding signaling long-term growth potential.

Emerging markets demonstrated notable strength, particularly in green tech and agri-tech industries, fueled by foreign capital inflows and sustained technological innovation. These developments, combined with a broadly positive market sentiment, contributed to a strong end to the month and positioned the markets for a potentially resilient close to 2024.

Current ESGFIRE portfolio

As of December 3, 2024, ESGFIRE’s portfolio has experienced significant developments across its holdings. Below is an updated overview of each portfolio company:

Clean Motion

Performance Year-to-Date (YTD): -66%

Update:
 Clean Motion has commenced deliveries of its solar-powered vehicle, EVIG, to prospective clients. The company is targeting clients with the potential for 100+ initial orders and is participating in a procurement process that could result in 300–800 vehicle orders. A private placement was announced in August to fund the company’s expansion.

Replenish Nutrients

Performance  Year-to-Date (YTD): –  54%

Update:
 In Q2 2024, Replenish Nutrients reported modest revenues and sales volumes in its blended fertilizer product line, primarily due to higher-cost inventory carryover and strategic deferral of some sales to the fall season. Despite these factors, demand remains strong, with consistent and increasing purchases from both existing and new customers. The company anticipates higher revenues and improved gross margins in the second half of 2024 compared to the same period in 2023.

Landi Renzo

Performance Year-to-Date (YTD: -56%

Update:
 Landi Renzo has launched a new line of hydrogen fuel systems, anticipating strong market adoption.

IPO Outlook

Alchemy: The company is still anticipated to go public at the beginning of 2025. The business outlook is strong, with new partnerships enhancing its market position.

Evanesce Packaging Solutions: Evanesce is on track for a Q2 2025 IPO, with plans to list on Canadian exchanges or NASDAQ.

Ola Media: The company is finalizing a capital round with plans to go public in Q1 2025, promising substantial returns.

Captico2: Captico2 remains in the restructuring phase.

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.

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 December 3rd, 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 websitee