HGEN - ETFS Hydrogen ETF

[Sean K]

Geez mate $13 WTF!
Awesome coffee at 7/11 for a dollar. If I am feeling flush and the markets are on the up I go for the $2 cup but you need to do a $1 flat white (avoiding the cup filling fluff rip off ) and a $1 short black combination in the $2 cup for the strength!

7-Eleven Coffee | 7-Eleven Australia

Our most sustainable coffee ever. Fairtrade certified. Paper cups with lining made from plants. Same great taste.

www.7eleven.com.au

Um, they're actually only $6.50 a pop at the cafe under my building, but I was thinking cumulative cost. 15 days x $6.50 = hmm. No, I'm losing at the moment. I'll buy some more when GG jumps in.

 

[Sean K]

This ? with ? has triggered a Put in Toilet and Flush signal on my software.

I'll re-enter when GG does. Maybe.

 

[Garpal Gumnut]

This ? with ? has triggered a Put in Toilet and Flush signal on my software.

I'll re-enter when GG does. Maybe.

I looked at a few components of published stocks in this ETF and they seem to have tanked in the US overnight.

They like many growth stocks are being hammered by Omicron.

I traded one, FCEL a number of weeks ago and made a small profit but the more I look at pure H2 stocks the less I am comfortable with them. They require massive ongoing funding either government or private or encouragement via legislation

I’ll stay with WES and FMG for exposure and will “watch this space”.

gg

 

[sneakycutler]

I'm surprised why FMG isnt in this ETF, nor why people don't just invest in FMG directly if they're interested in hydrogen

 

[qldfrog]

I'm surprised why FMG isnt in this ETF, nor why people don't just invest in FMG directly if they're interested in hydrogen

You are not serious are you?
We will see but that FMG becoming H2 juggernaut is so far a pipe dream.
possible indeed but one market crash next month or a chinese flag on top of a Taipei building and this is over.
My H2 play is IPL and Westfarmer. And it is not further than FMG
FMG has no place in an intl H2 ETF at current time IMHO

 

[Sean K]

I'm surprised why FMG isnt in this ETF, nor why people don't just invest in FMG directly if they're interested in hydrogen

If they spin out FFI, perhaps.

 

[Garpal Gumnut]

There are only 2 gaps left to fill until this little piglet HGEN returns to base.

I would expect a slight rally soon to maintain the symmetry of the chart.

I might even buy some in the after Christmas sales for myself.

gg

 

[Garpal Gumnut]

I’ve had a good look at the fundamentals of all the major US stocks in this ETF and the consensus in the US is negative.

They are too far out to profitability and some half-baked potential alliances, universities, city transport and auto makers with nothing definite in the pipeline. It is interesting reading for when H2 takes off again. Which it will.

The charts look dire. One gap left. I might turn it in to a Christmas carol.

gg

 

[Sean K]

I’ve had a good look at the fundamentals of all the major US stocks in this ETF and the consensus in the US is negative.

They are too far out to profitability and some half-baked potential alliances, universities, city transport and auto makers with nothing definite in the pipeline. It is interesting reading for when H2 takes off again. Which it will.

The charts look dire. One gap left. I might turn it in to a Christmas carol.

gg

You might be able to pick this up at around the five buck mark soon...

 

[peter2]

When ETF "makers" present a thematic ETF it's got to be a great sell signal for that sector. They create them when sentiment is at it's highest because that's the only time they can.

As GG posted recently, there's really no solid assets behind these ETFs. Companies that are interested in the H2 sector. Really?

CRYP is another thematic ETF that's got no real assets and is quite rightly selling down.

When these "dogs" get to 1.00 the ETF admin teams will consolidate the shares (10 to 1) and send them back to $10. Ready for the next batch of suckers.

To all those organisations who are trying to get rid of CFDs why don't you rid us of these first?

 

[Dona Ferentes]

'Twas the ringing of the thematic bell, yes, sir.

But rather than reset, they will be unwound and what little money left in returned to unit holders. After costs of course.

If they don't get $100 million AUM, the coup de grâce comes quickly. The market makers move on.

 

[frugal.rock]

Awesome coffee at 7/11 for a dollar. If I am feeling flush and the markets are on the up I go for the $2 cup but you need to do a $1 flat white (avoiding the cup filling fluff rip off ) and a $1 short black combination in the $2 cup for the strength!

I thought only truckers and myself new that trick...?

If you brought your own mug, they only charged $1 for a $3 sized coffee, 4 shorts and a top up of hot, then cold milk. Pull the mug away to miss the cleaning water shite. Another thing spoiled by covid.

 

[qldfrog]

I thought only truckers and myself new that trick...?

If you brought your own mug, they only charged $1 for a $3 sized coffee, 4 shorts and a top up of hot, then cold milk. Pull the mug away to miss the cleaning water shite. Another thing spoiled by covid.

Expertise indeed FR

 

[Dona Ferentes]

The charts look dire. One gap left. I might turn it in to a Christmas carol.

gg

dust it off for another festive season?

 

[Dona Ferentes]

When ETF "makers" present a thematic ETF it's got to be a great sell signal for that sector. They create them when sentiment is at it's highest because that's the only time they can.

how true...
... dreaming of pipes.
.
since inception

NimP

 

[Sean K]

Is this a signal that hydrogen is not a viable fuel?

 

[Dona Ferentes]

Is this a signal that hydrogen is not a viable fuel?

viable? .... possibly
profitable? unlikely

 

[Sean K]

viable? .... possibly
profitable? unlikely

Viable but too expensive?

 

[qldfrog]

Viable but too expensive?

H2 energy density is abysmal so either you carry a trailer load of H2 cylinder behind your micro car or you compress it like an ISIS maniac and wait for the inevitable firework
Unless you bind it with nitrogen ...turning it into ammonia...
But imagine a truckload of ammonia leaking in a CBD...all than under the guise of clean air...
There is a use of H2, for overnight power when linked to solar farms etc
But I doubt it will be that big in the near future

 

[Sean K]

Is there any light at the end of the hydrogen tunnel? Or, is it a pipe dream?

Fortescue has allowed a key deadline to buy green energy for its stalled Gibson Island hydrogen plant to lapse, as renewable energy company Genex says it is talking to other potential buyers for energy from its proposed Bulli Creek solar farm.

The lapse throws fresh doubt over the viability of the Gibson Island project, once the flagship of Fortescue’s proposed hydrogen production centres in Australia, but which the company has seemingly set aside as it struggles to find returns at Australian power prices.

The failure of Fortescue to meet a twice-extended March 31 deadline to make a final investment decision on building a hydrogen production plant at Incitec Pivot’s former Queensland fertiliser plant also has Genex scrambling to find a replacement to anchor the generation hub’s construction.

The Andrew Forrest-led company signed a deal with Genex for up to 337.5 megawatts of annual capacity from the proposed 2GW solar farm in October 2023. The deal was to underpin the first 450MW stage of the solar farm’s construction, allowing Genex to look for additional contracts to upsize its construction to 775MW and target an eventual 2GW of solar and battery capacity.

But, despite long having flagged plans to make a final investment decision by the end of 2023 – along with partner Incitec Pivot – Fortescue dropped Gibson Island from its top priority list only six weeks after signing on with Genex, saying it was still working on front-end engineering and design studies “as Australia struggles to shed its petrostate status and still suffers structurally high green electricity costs”.

In December, Genex extended Fortescue’s deadline to make a final investment decision until the end of February, then tacked on an additional month.

That deadline has also lapsed and, while Genex said on Tuesday a path was still open for Fortescue to buy power from the proposed 5000ha solar farm, the company also flagged talks with alternative buyers for the energy.