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Green Stocks Review

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jbocker

jbocker

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I thought a number of years back that some Green Stocks would be the future big movers in the market. In review nearly all the stocks I invested have died or are very nearly dead. I have learned a lot and most of the stocks have attracted great discussion and debate. I was impressed with some of the innovative ideas and technology that came from the what I call Green innovation. Interestingly some companies have morphed into other business interests - (some not Green)
I thought starting a thread rounding up discussing of some of those Green stocks may be of some help for reviewing. To research the discussion of the company further simply search the code under the stock chat. I will start with a couple that I had a lot of hope for. It is sad some didn't make it.

CFU Ceramic Fuel Cells
Now gone bust and share holders are unlikely to have any return.
Listed in 2004. Ceramic Fuel Cells is a world leader in commercialising Solid Oxide Fuel Cell (SOFC) technology to generate efficient, low-emission electricity from widely available natural gas and renewable fuels. Further discussion here...
https://www.aussiestockforums.com/forums/showthread.php?t=1901&highlight=cfu
Website...
http://www.cfcl.com.au/about/

GRK Green Rock Energy
Originally a Geothermal Company that has transitioned to mining, now known as Black Rock Mining (Graphite). As a geothermal company nearly bottomed out. I originally invested as a cheap share that could ride on the success of the technology, probably best achieved in GDY Geodynamics Limited
GRK Discussion history here...
https://www.aussiestockforums.com/forums/showthread.php?t=5355&highlight=BKT
website
http://blackrockmining.com.au/icAGM.php

more soon..
 
g'day jbocker,

Syngas (SYS) is another one that has gone from 0.04c late Oct 2010 to 0.001c today.

Full of promise that their production of gas from straw and such things would be the answer. Big plant supposedly being built to produce biogas in Wagga Wagga. Another greenie pipe dream. Even a new web site gives no info. I got out at a loss all those years ago. :eek:. The current market depth sums it up.

https://www.aussiestockforums.com/forums/showthread.php?t=13563&highlight=sys

http://www.syngas.com.au/

http://www.proactiveinvestors.com.a...0000-for-biomass-energy-subsidiary-34599.html
 
Thanks JB,
what a great idea - but sadly, whatever "green shoots" there may have been, they will wilt and wither in the current political climate. Or, as you found out, branch out into other areas with less credentials.

Being a fossil myself, I found this collection in a quiet corner of my website: http://rettmer.com.au/TrinityHome/Trinity/Musings.htm#ongreenshares

A Collection of Green Shares
Neither complete nor authoritative, I simply list stocks here, which I hold in my "Green" watchlist. Some of these may have been or still be in my portfolio. But as I'm a trader, that can change more frequently than this list is updated.

CFU - CERAMIC FUEL CELLS LIMITED: http://www.cfcl.com.au
Gas-powered generators for electric power, hot water, and air conditioning to suit the family home; based in Melbourne with connections to Asia and Europe.
CWE - CARNEGIE WAVE ENERGY LIMITED: http://www.carnegiecorp.com.au/
Harnessing the energy in ocean waves, driving turbines for carbon-free power generation.
DYE - DYESOL LIMITED: http://www.dyesol.com
3rd generation photovoltaic elements "painted" on building steel or glass roofing and cladding panels. Connections to Asia and Europe.
GDY - GEODYNAMICS LIMITED: http://www.geodynamics.com.au/
Harnessing geothermal energy for carbon-free power generation.
PTR - PETRATHERM LTD: http://www.petratherm.com.au/
Geothermal energy for power generation and airconditioning. Flagship "Paralana" in South Australia; other projects in Spain and Teneriffe.
Click to expand...

Might also add PPY, located in Walkamin, Queensland, who have developed a process that turns banana fibre waste into paper, even hard building materials. Sadly, nobody cares much for processes like that.
 
jbocker said:
I thought a number of years back that some Green Stocks would be the future big movers in the market. In review nearly all the stocks I invested have died or are very nearly dead.
Click to expand...

Yes I remember that craze...

Two names that quickly jumped into my mind were CCF and COZ. Both were about planting trees to offset carbon. Now CCF is nothing more than a shell while COZ has changed name to Seafarms (presumably in the fishy business now). CCF at one stage forecasted that their profit in 2 years would be as high as their market cap... but it did nothing more than causing a temporary large spike in share price.

Two of the more successful names were PHY and ENE. Pacific Hydro (PHY) which was taken over by a superfund after a bidding war. While ENE is still listed with a market cap $1.2B, although majority owned by another Green company.

IFN the wind farm owner is still hanging in there, but was significantly damaged by having too much debt going into the GFC.

And then there's ESI... who knows what they are up to these days.
 
I believe the market is desperate for somewhere for money to go. All sectors stink right now, and sweet smelling green energy stocks are perfectly positioned to take off.

You may have just been a few months too early jbocker. There have been quite a number of false starts over the years, that's for sure.

Let's get this thread going.

CWE.
 
Gringotts Bank said:
I believe the market is desperate for somewhere for money to go. All sectors stink right now, and sweet smelling green energy stocks are perfectly positioned to take off

Let's get this thread going.
Click to expand...

Oil and Gas pricing back where it was in 2005 and 2008 coupled with a massive oversupply and weak global demand = oil & gas will be cheap for years to come, LNP government that could also be in place for years to come, no funding for RET or anything on the horizon.

Ok so one of the many contrarian plays.
 
Success rates appear to largely mirror biotechs, in that the failure rate is much higher for more tentative technologies and as green stocks approach commercialization the price improves rapidly to mirror the increased likelihood of success.

It's all well and good to pay for a wonderful story but there's a reason smart money pays a premium for companies that are closer to profitability.
 
Mofra said:
Success rates appear to largely mirror biotechs, in that the failure rate is much higher for more tentative technologies and as green stocks approach commercialization the price improves rapidly to mirror the increased likelihood of success.

It's all well and good to pay for a wonderful story but there's a reason smart money pays a premium for companies that are closer to profitability.
Click to expand...

That's probably the reason why the PM's new technology incentive is offering tax breaks for riskier investments. While I'm not sure how it'll work out, even whether it'll be taken up in substantial numbers, I consider it a step in the right direction. And with $Trillions swishing around in Superfund accounts, why not take the next step and mandate that a certain percentage must be invested in the Tech Sector ...
 
Does anyone still follow any Green (energy) stocks, Or can tell where some have gone or can share their experience. Which have survived of all the alternatives. Think wind solar wave cells battery, bio, and others
It is a term I think is not used much any more.
Such is fashion.
 
jbocker said:
Does anyone still follow any Green (energy) stocks, Or can tell where some have gone or can share their experience. Which have survived of all the alternatives. Think wind solar wave cells battery, bio, and others
It is a term I think is not used much any more.
Such is fashion.
Click to expand...

I was doing some reading into where Redflow (RFX) is at with their zinc bromine battery technology today. Another green tech related stock that has had some interest on these boards lately is Hazer (HZR) which are looking to commercialise a synthetic graphite manufacturing process (a component of lithium batteries) which also produces hydrogen (fuel) as a by-product.
 
Carnegie Wave Energy cops it in the neck today. WA govt has pulled out of Albany deal today. But not sure I hear ANY howling from the pro green energy backers. Do they only arc-up when traditional fossil fuels are promoted for power generation and don't give as much as a methane loaded fart when a innovative technology takes a hit when govt pulls out.
 
jbocker said:
Does anyone still follow any Green (energy) stocks, Or can tell where some have gone or can share their experience. Which have survived of all the alternatives. Think wind solar wave cells battery, bio, and others
It is a term I think is not used much any more.
Such is fashion.
Click to expand...

There are a number of stocks which could be classified as 'green'. Being died in the wool green (environmentally) I would never in the past consider buying a mining or oiler stock. Now with the shift in new styles of cleaner power generation I may well consider finally buying mining stocks.
There are a number of stocks related to the creation of batteries and solar panels and as time goes by, many more 'environment' focused stocks, no doubt some ETF focused funds will evolve as well. This will be quite a growth area I feel.
Let's start with a little list from the AFR weekend list. There is a group of stocks listed under Ind.Power Renewable Electricity Producers.

CCE, EWC, GNX, IFN, KPO, NEW, PEA, POW, RNE, VPR, ZEN

We can also look at Aluminium stocks for lighter weight EVs and other products, Lithium for batteries, much more can be classed as 'green' stocks.
 
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