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Investing in the green economy

Discuss Stock buying Shares, tips and ideas for stock market dealing
WickedLester
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Investing in the green economy

#392244

Postby WickedLester » March 4th, 2021, 1:32 pm

This is not a share idea but a request for share ideas.

I have sold some of my more profitable value plays and now have a bit of cash to invest in my SIPP. I am thinking of targeting growth over the next 10 years and would particularly like to invest some money in the move towards the sustainable and renewable economy.

I am open to individual shares or funds and wondered if anyone had any ideas for these that are not on stellar valuations.

A thanks is on offer to all sensible suggestions!

dealtn
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Re: Investing in the green economy

#392261

Postby dealtn » March 4th, 2021, 1:49 pm

WickedLester wrote:This is not a share idea but a request for share ideas.

I have sold some of my more profitable value plays and now have a bit of cash to invest in my SIPP. I am thinking of targeting growth over the next 10 years and would particularly like to invest some money in the move towards the sustainable and renewable economy.

I am open to individual shares or funds and wondered if anyone had any ideas for these that are not on stellar valuations.

A thanks is on offer to all sensible suggestions!


Closest I have got to that in my portfolio is Tracsis (TRCS), providing services and consultancy to improve the efficiency in the railway industry (plus more), which is arguably a long-term and green issue.

WickedLester
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Re: Investing in the green economy

#396440

Postby WickedLester » March 17th, 2021, 1:56 pm

Well this thread hasn't garnered a lot of replies. I assume you're all invested in big oil.

Anyway yesterday I had a very small punt on Biome (BIOM). It's been listed for years and has never really achieved anything a bit like TRT but I wonder whether their biodegradable plastics business isn't finally coming of age. It's exhibited some decent growth in recent years. and after some news today I am already showing a modest profit.

https://www.investegate.co.uk/biome-tec ... 00114750S/

The whole company is only valued at around £8m so it's not a costly punt to make. They should have enough cash to last for a couple of years so I can wait to see whether or not it keeps growing.

A thanks is still on offer if anyone else has any ideas.

SalvorHardin
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Re: Investing in the green economy

#396443

Postby SalvorHardin » March 17th, 2021, 2:09 pm

A company that I've just started looking at is Canadian Solar. Quoted on NASDAQ. Builds solar cells and panels as well as operating solar power systems.

I really don't know much more than its Wikipedia entry and its SeekingAlpha page

https://en.wikipedia.org/wiki/Canadian_Solar

https://seekingalpha.com/symbol/CSIQ

Sorcery
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Re: Investing in the green economy

#396546

Postby Sorcery » March 17th, 2021, 9:15 pm

SalvorHardin wrote:A company that I've just started looking at is Canadian Solar. Quoted on NASDAQ. Builds solar cells and panels as well as operating solar power systems.

I really don't know much more than its Wikipedia entry and its SeekingAlpha page

https://en.wikipedia.org/wiki/Canadian_Solar

https://seekingalpha.com/symbol/CSIQ


I am not sure about green investments at all. I have been holding off getting involved, because I think oil companies are due a bounce. Also I don't understand whether they need subsidies or how they are subsidised. Subsidies from the consumer can (and maybe ought) to disappear on government whim. Solar outside say the sahara or tropical regions doesn't seem worthwhile. Sorry.

WickedLester
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Re: Investing in the green economy

#396651

Postby WickedLester » March 18th, 2021, 9:54 am

I also bought a few CRPR the other day. It's a family owned business and I bought it for the Technical Fibres business which was growing strongly before the pandemic knocked some of their end markets. They make fibres for fuel cells and the like. This business is already nicely profitable and I am hoping for strong growth in coming years.

Really they ought to get rid of the legacy paper manufacturing business but the family are probably sentimentally attached to it.

The balance sheet is pretty strong and the company has turned a first half loss into a full years profit.

WickedLester
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Re: Investing in the green economy

#409821

Postby WickedLester » May 6th, 2021, 3:09 pm

There seems to be very little interest here in the idea of targetting long term growth from the move to a low carbon economy. It seems like a trend worth following myself.

Anyway FWIW I solf my BIOM as I just couldn't resist banking a substantial gain in a month or so and bought some Invinity Energy Systems today. They make Vanadium Flow Batteries for energy storage and are in their early stages of commercialisation. Like one of my other punts, Angle, they currently look dreadfully expensive on fundamentals but hopefully they will grow substantially in coming years.

I think someone started a thread about them here but I can't find it.

A thanks is still on offer for any other ideas.

GrahamPlatt
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Re: Investing in the green economy

#409912

Postby GrahamPlatt » May 6th, 2021, 8:30 pm

People are talking about green investments, here viewtopic.php?f=8&t=17343

WickedLester
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Re: Investing in the green economy

#410969

Postby WickedLester » May 11th, 2021, 9:38 am

There's been some good news out of IES this morning in the form of a tie up with Siemens.

https://www.investegate.co.uk/invinity- ... 00041507Y/

The price has responded positively and is up 30% as I type.

Noslien
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Re: Investing in the green economy

#412041

Postby Noslien » May 15th, 2021, 5:56 am

Have you looked at AFC? The tie up with ABB suggests promise

Regards

Noslien

UncleEbenezer
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Re: Investing in the green economy

#412054

Postby UncleEbenezer » May 15th, 2021, 7:55 am

GrahamPlatt wrote:People are talking about green investments, here viewtopic.php?f=8&t=17343


That's primarily about renewable infrastructure. ITs that buy low-risk mature assets and operate them for income. Though the thread also looks at some broader investments, including growth-oriented ones, and wider green themes such as water,

If you like something a bit more exciting, lots of green investments raise money crowdfunding. About a year ago I had a moderately profitable exit when EDF bought Pod Point for around four times what I'd paid for my crowdfunding flutter. Others I hold are longer-term and range from tidal energy through satellite applications to recycling waste plastic into a bitumen-alternative for road building.

If you had a risk budget bigger than mine, I expect your local Angel networks might have a similar story.

If you look locally, you might find community schemes - often operated as co-ops - open for investment, for example in energy production, distribution and efficiency.

WickedLester
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Re: Investing in the green economy

#412064

Postby WickedLester » May 15th, 2021, 9:34 am

Have you looked at AFC? The tie up with ABB suggests promise


I just took a quick look at AFC and it looks interesting but the valuation is probably just a bit too racy for me at the moment. It seems well funded though.

I've added it to the watchlist.

CautiousPaul
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Re: Investing in the green economy

#416214

Postby CautiousPaul » May 30th, 2021, 12:26 pm

Lester,

Did you ever look at Itaconix (ITX) ? It definitely has 'green' credentials and is being spoken about by some in the same breath as Angle. Can't say I fully understand their business model yet but that hasn't stopped me buying a few. ;)

regards
Paul

WickedLester
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Re: Investing in the green economy

#416354

Postby WickedLester » May 31st, 2021, 11:56 am

CautiousPaul wrote:Lester,

Did you ever look at Itaconix (ITX) ? It definitely has 'green' credentials and is being spoken about by some in the same breath as Angle. Can't say I fully understand their business model yet but that hasn't stopped me buying a few. ;)

regards
Paul


I'm aware of ITX although i'm not sure I understand what they actually do yet. I'll do some research although the price has already risen very strongly. It doesn't look outrageously expensive though.

UncleEbenezer
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Re: Investing in the green economy

#418415

Postby UncleEbenezer » June 9th, 2021, 4:33 pm

For the adventurous ...

SAE (Simec Atlantis Energy) is trading around an all-time low.

So far as I can tell, that's not because the company itself is in trouble. But its biggest shareholder (43%) is part of Sanjeev Gupta's GFG group, now doing battle with creditors and casting a long shadow.

I wouldn't care to guess what may happen to the 43% if Gupta's creditors get the shares. Or if he sells to raise money! But I suspect the ultra-cheap share price is down to concerns over a troubled shareholder, so it could be quite a bargain in the longer term.

bruncher
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Re: Investing in the green economy

#421939

Postby bruncher » June 24th, 2021, 2:31 pm

WickedLester wrote:This is not a share idea but a request for share ideas.

I have sold some of my more profitable value plays and now have a bit of cash to invest in my SIPP. I am thinking of targeting growth over the next 10 years and would particularly like to invest some money in the move towards the sustainable and renewable economy.

I am open to individual shares or funds and wondered if anyone had any ideas for these that are not on stellar valuations.

A thanks is on offer to all sensible suggestions!


I have bought Linde, Air Products and Air Liquide on the basis that they are profitable companies that might do well if the 'hydrogen economy' ever materialises, but they should also continue to be successful if the 'hydrogen economy' is a mirage.

WickedLester
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Re: Investing in the green economy

#423117

Postby WickedLester » June 28th, 2021, 12:09 pm

bruncher wrote:
WickedLester wrote:This is not a share idea but a request for share ideas.

I have sold some of my more profitable value plays and now have a bit of cash to invest in my SIPP. I am thinking of targeting growth over the next 10 years and would particularly like to invest some money in the move towards the sustainable and renewable economy.

I am open to individual shares or funds and wondered if anyone had any ideas for these that are not on stellar valuations.

A thanks is on offer to all sensible suggestions!


I have bought Linde, Air Products and Air Liquide on the basis that they are profitable companies that might do well if the 'hydrogen economy' ever materialises, but they should also continue to be successful if the 'hydrogen economy' is a mirage.


My main concern with buying very large cap established companies is that the shift to the green economy is likely to see them simply substitute one technology for another without any real growth.

For that reason I am investing a bit of money into much smaller companies whose sole focus is emerging technologies and who are at very early stages of commercialisation. It's much more risky I admit but I hope if I can pick a couple of eventual winners it'll be worth it.

richfool
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Re: Investing in the green economy

#424144

Postby richfool » July 2nd, 2021, 9:35 am

ReallyVeryFoolish wrote:A good opportunity to buy into Gresham House Energy Storage at the moment. Shares have dropped on account of a placing of new stock. This business has a very bright future. In my opinion. Solid yield at today's price.

RVF

Thanks for that info RVF. I was wondering why the SP had fallen back.

richfool
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Re: Investing in the green economy

#424213

Postby richfool » July 2nd, 2021, 12:20 pm

My main concern, as a holder of GRID is if an alternative to battery storage suddenly materialises, or a development meaning that storage is no longer necessary. That could then could demolish the SP. (That would also apply to GSF).

I note GRID's annual management charge is: 1.0% and the ongoing charge: 2.15%, which seems high.

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Re: Investing in the green economy

#426203

Postby CautiousPaul » July 9th, 2021, 3:17 pm

WickedLester wrote:I also bought a few CRPR the other day. It's a family owned business and I bought it for the Technical Fibres business which was growing strongly before the pandemic knocked some of their end markets. They make fibres for fuel cells and the like. This business is already nicely profitable and I am hoping for strong growth in coming years.

Really they ought to get rid of the legacy paper manufacturing business but the family are probably sentimentally attached to it.

The balance sheet is pretty strong and the company has turned a first half loss into a full years profit.



These have crept up nicely over the past couple of months with a fairly decent hike today. Not sure why but perhaps it's related to Liontrust Asset Management Plc increasing their holding in the company.


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