Portfolio update February 2022

Portfolio Update February 2022

 

Best monthly performers

Earthrenew – Up 23 %
Hydrogenpro – Up 35 %

Worst monthly performers

Chargepanel – Down 30 %
Desert Control – Down 22 %

Important Portfolio comment:

This month we are introducing a new and highly requested feature in our portfolio namely how large each position is in the ESGFIRE portfolio. We advice caution for each reader to assess their risk tolerance in correlation with using this feature. Green energy and cleantech stocks have had a bumpy start to 2022 however with the Russian invasion of Ukraine there is actually atleast one good thing that may come of this horrible event. The European Union has declared that they will get rid of Russian gas by 2030 and to get rid of 2/3 already by the end of 2022 which will require massive investments into green energy and clean technologies. We are confident that this strategy will be massively positive for the majority of all ESGFIRE companies in the portfolio.

Current positions with Monthly performance for February 2022.

Absolicon– Down 15 % .
Position size of portfolio: 8.8%
Absolicon has announced a large private placement which will increase dilution by about 30 % however the positive news is that they expect between 2-3 framework agreements to materialize into actual sales before end of june 2022 which would equal sales of 15-20 MUSD.  Absolicon have signed in total 18 framework agreements and totals a sales pipeline exceeding $120 MUSD. We are waiting for the first framework agreement to materialize which should give one off revenues of 4-5 MUSD and recurrent revenue of 3-4 MUSD annually.

Aduro Clean Technologies –Down 6 %.
Position size of portfolio: 3,9 %
Aduro have completed their independent third party validation! We were surprised of the lack of reaction by the market of the third party validation, nevertheless this further derisks the investment case.We released our extensive analysis of Aduro recently which you can find on our website under Aduro’s own portfolio page.

Char technologies – Down 7,5 %.
Position size of portfolio: 4,2 %
The stock has gone down on no negative news the last few months, this downward spiral is likely to a change of sentiment for growth stocks.  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 – Down 22 %.
Position size of portfolio: 8,8 %
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–Up 23 %
Position size of portfolio: 9,4 %
Earthrenew has impressed us with great financials and also the launch of their new processing facility Beiseker.  Fundamentals are very sound with increasing revenues. Projected to have revenues of 25 MCAD for 2022 and 100 MCAD for 2023!

Newlox Gold Ventures Corp – No change.
Position size of portfolio: 1,77 %
The first processing plant is soon ramping up to full scale, and Boston will begin commercial operations in early 2022.

Lion E-mobility – Down 15 %
Position size of portfolio: 4 %
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. Lion E mobility recently announced an impressive battery cooperation which should generate revenues.

Vicinity Motor Corp – Down 5 %
Position size of portfolio: 3,74 %
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 No change
Position size of portfolio: 0,64 %

Biofrigas – Down 16 %
Position size of portfolio: 3 %
We have changed our option into common stock in Biofrigas. Our conviction remains as the company has their validation completed and should look to begin sales processing shortly. Should benefit enormously by the recent big push for biogas made by the European Union.

Leading Edge Materials Corp – Down 9 %
Position size of portfolio: 7 %
Should have some short term catalyst coming up within the next few months.

Hydrogenpro – Up 35 %
Position size of portfolio: 6,2 %
Hydrogenpro received an initial order of 50 MUSD from Mitsubishi which sent the stock up with close to 50 % in one single trading day. The stock however , in our opinion, is even more undervalued at current levels with this order which proves their concept is working than when it was trading at around 12 NOK. The order is subject to a final investment decision. Conviction is high for us with this position as Hydrogenpro aim to deliver hydrogen at a cost of 1,2 USD per kilo in 2022.

 

Envirometal – No change
Position size of portfolio: 4,9%

Website:https://envirometal.com/
About:EnviroMetal Technologies Inc. is developing and commercializing economic and environmentally sustainable metal recovery technologies for applications in the primary and secondary metal industries. EnviroMetal extracts precious metals from ores, concentrates and E-Waste by deploying its proprietary non-cyanide, water-based and neutral pH treatment process. Extensive analysis by ESGFIRE is coming shortly!

ChargePanel  – Down 30 % 

Position size of portfolio: 4 %
ChargePanel specializes in the management, operation and usage of Electric Vehicle Charge Points. They provide adaptable solutions for charge point owners, resellers and organizations. Chargepanel was an IPO case of ESGFIRE that began trading on 9th of December 2021. Has come down a bit since its initial 100 % run up after the IPO.

New positions

Fusion Fuel
Position size of portfolio: 7 %
Website: https://www.fusion-fuel.eu/
About:
FUSION-FUEL’s mission is to provide the world with innovative green hydrogen solutions that accelerate the transformation of the global energy sector and enable the sustainable reduction of carbon emissions.FUSION-FUEL has developed a revolutionary new electrolyzer design – the HEVO – that will allow them to produce hydrogen using renewable  energy at highly competitive costs without any associated carbon emissions. FUSION-FUEL’s team has a long history in the solar energy industry and in developing concentrated photovoltaic technology.

 

Compleo Charging Solutions
Position Size of portfolio: 4,4 %
Website: https://www.compleo-cs.com/en
About:
Compleo manufactures high-grade charging stations and prove solutions for electromobility.They are active in several European markets including Great Britain and Germany. They offer AC and DC charging points and wallboxes that comply with calibration law for energy suppliers and operators.Compleo enables electromobility with high-grade charging stations coupled with comprehensive charging infrastructure know-how. Major companies, operators and energy supply companies throughout Europe depend upon AC and DC charging points from Compleo.  They are expecting to deliver 150-160 MEURO in sales for 2022. The company is growing fast both organically and through acquisition.

 

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/
Position size of portfolio: 6,9 %
About:
As a sustainable technology innovator,Evansesce is revolutionizing sustainable packaging with 100% compostable and affordable plant-based solutions.
IPO Status:
Likely going public in the second quarter of 2022 on one of the Canadian stock exchanges.
Expected returns:Current estimate is that the round our community invested in will return somewhere between 10-20 X our original investment.

Captico2

Website:
https://captico2.com/
Position size of portfolio: 9.45 %
IPO status:Likely going public either in Norway or Nasdaq within 12 months.
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. This company is still accepting investments. Contact us for more information.

Ola Media
Website: https://www.olamedia.mx/
Position size of portfolio: 1,9 %
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:
Likely going public during the second quarter of 2022 at either Canadian exchanges or NASDAQ.
Expected returns:We expect our community to materialize somewhere around 400-500 % returns on the investment round on which we made our original investment.

 

Legal Disclaimer

The stock price development above was calculated by taking the opening price at the first day of January and the closing price at the last day of January.

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 website

By |2022-03-10T18:15:24+01:00mars 10th, 2022|Categories: All Posts, Portfolio, Reports / News / Interviews|2 Comments

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2 Comments

  1. Tor 10/03/2022 at 21:22 - Reply

    Great Work, keep it up!
    Question: Can’t figure out how to invest in Earthrenew from Sweden?

    • Filip Erhardt 14/03/2022 at 14:16 - Reply

      Avanza and nordnet offer trading!

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