HYON AS - Wasserstoff im maritimen Bereich

Wasserstoff im maritimen Sektor - Ein blaue Zukunft oder doch nur eine Geld-Druckmaschine von den größten Anteilseigner?

Saga Pure - https://www.sagapure.com/about-us

Nel Asa - https://nelhydrogen.com/about/

Norwegian Hydrogen AS - https://nh2.no/about-us  

Well,

The way that the Macroworld looks right now, I doubt people would have thought 6 months ago, and so on.
i am still 100% convinced that Maritime H2 will come + take over as fuel going forward!
If HYON does not do it, someone else will succeed with it, on a later stage. But I really do think it will come!

The challenge now is 2 things, time + cash. (it has been last 6 months and still is for most startups)

Time: a lot of projects in all sectors are now postponed due to various Macro/interest reasons, not only Hydrogen. Literally ALL sectors that need a creditline suffer postponings. i.e if a shipowner is thinking of ordering Hydrogenvessels , if they deceide to postpone its projects, then HYON (in this case) will suffer as well, and so on.

Cash: HYON burn cash, not much, but still they burn. On the other hand they have very little income as well. i.e HYON is a net negative cash burning company. (startups)

Conclusion: If HYON would have had enough cash to just "wait" I would say, "I dont care, lets wait"
The challenge is that HYON dont have such. Nor is the stockenvironment right now, the best time to raise cash either.

HYONs size in all this might be the good part of it though.

Why ? cause they dont need much cash + they are cheap enough for hostile takeovers/strategical positions etc.
Either HYON manage to team up with "customer" they already had planned for, or they could even catch interest for a potensial takeover. who knows

No matter how HYON intend to sort the current situation they should be priced higher than today i think.
Even if we look it from a "oportunistic non-Hydrogen friendly view"/ potensial takeover

Even if we slay the company where they are now, HYON have:

- 1 registered company onboard the stock exchange (in a normal environment investors planning to go to stock exhange could rather be interested in buying the company instead of 6 months of IPO. Also the reason why the SPAC phenomen arrose 2-3 years ago. A process worth 3-4 mio EUR maybe in normal world maybe ?)

- 9 engingeers under contract (rent them out as consultans to buy time, or maybe a company needing engingeers could buy them. In Norway there is lack of engeniers.
Or maybe, HYON could rent them selv out as a group, selling hours and that way buy time)

- 1 mio EUR in cash maybe ? How much did HYON have 6 months ago 2 ,2 mio EUR ? anyone ?

- 4 mio EUR carry forward loss (correct me if I am wrong, but the tax in Norway is 22 pct. if so, in this case, that would be worth 880K EUR.

but still MC is only arround 2mio EURO (even less as EUR is stronger now).
This is why I think that even an oportunistic investor could be interested in HYON where they are now.


The market will deceide i guess, and feel free to disagree

+++

Freddie.


 

summarized...

But the question is if all of this scanario will work out for small stock holders of Hyon shares.

Hyon is in a very week position, ok if the ongoing projects work out well until October
maybe some upside per share will be possible
but still today a high risk/ benefit ratio.

In case of takeover it may reach 1 NOK.  

decision ~ very important milestone for shipping industry
even when 2050 seems to be quite far

https://taz.de/UN-Organisation-IMO-ueber-Schifffahrt/!5945874/

Schifffahrtsverbände haben sich verpflichtet: Keine CO2-Emissionen mehr bis 2050. Nun folgt die UN-Organisation IMO mit einem Beschluss.  

Jup,

even the Norwegian government had this as an announcement on their public pages on Friday last week.
One can just hope that the Norwegian government put their money were their mouth is.

Give HYON and interest carrying loan or Grant. Even to be paid back if HYON succeed

it does not take the government that much

but lets see
 

Now also on HYON's own linkedin

++

https://www.linkedin.com/posts/...rce=share&utm_medium=member_ios

+++

F  

https://efahrer.chip.de/news/...riesigen-mengen-h2_1013823?layout=amp  

https://www.hydrogeninsight.com/policy/...-shipping-fuels/2-1-1484863

VG  

very interesting read!!

when is the article from ?

F  

 

F  

interesting read from Clarksons

++

https://www.offshore-energy.biz/...ed-in-h1-are-alternatively-fueled/

++  

aber das war es auch schon wieder. Das wird wohl hier doch nichts mehr.
Schade eigentlich.

VG  

An Interesting interview of the leaders in Provaris, an potential  coop-partner for HYON.
They address some key points on why Compressed Hydrogen is a good solution in the future energy mix

+++

https://www.linkedin.com/posts/...rce=share&utm_medium=member_ios

Some key themes to emerge from the discussion:

- Utilizing compressed hydrogen solutions can compliment the intermittency of renewable generation
- Compressed hydrogen transported by ship could arrive at destination markets and be fed straight into the grid or used by offtakers
- Utilizing the availability of water-based floating storage reduces the need for geological availability (salt caverns) or wider connection to a storage unit offsite

+++  

wie wenn ich mein E-Auto Lade, in die Nachbargemeinde fahre und vorm EDAKA nutzt jemand auf dem Parkplatz meinen Strom. Macht für mich keinen Sinn oder ich habe es nicht verstanden.

VG  

hmmm,.

not sure i got this one,

but yes if something should work, it need s to be as seamless as possible

F  

Interesting read if you are  into compressed hydrogen

this is Provaris Energy (shipowners) Aug 2023 presentation

++

https://www.linkedin.com/posts/...share&utm_medium=member_desktop

++

FM  

https://live.euronext.com/en/product/equities/...ressRelease-12164873

Drammen, Norway, 16 August 2023 Hyon AS (HYON) ("Company") announces that its
Board of Directors (the "Board") has resolved to broaden its previously
announced strategic review process to include options for closing down
operations.

hould the Company's lack of funding extend further in time, the Company will
move towards a situation where it will not be able to finance current
operations. On this basis, the Board has resolved to assess all cost reduction
measures, which may include reduction of personnel. Further, should the
strategic review not result in any viable option for continued operations, the
Board will also consider closing down operations and winding up of the Company.

In addition to the broadened scope of the review, the Company continues to
explore strategic alternatives, including financing, structural alternatives,
government supported R&D programs and other relevant market opportunities. No
assurances can be given as to the outcome or timing of the review process.
 

 

Next Nel ... no words  

sehe da null Zusammenhang.
Nel sit schon lange raus bei Hyon.
Hyon selbst wird für nen Appel und nen Ei an Norwegian Hydrogen oder wen auch immer gehen.  

Genauso wie FM mit diesem Witz hier beigetreten ist ... wird der Witz dieses lustige Buch schließen  

der hat auch im Finansavisen Forum aufgegeben,
spannend bleibt es dennoch, wie es mit Hyon ausgeht...
Die market cap liegt bei 1 Mio EURO / 0.19 NOK per share

Entweder Asset Deal zu 0.5 NOK durch Norwegian = 2.5 Mio EURO ?
oder sie lassen das Ding komplett über die Wupper gehen
und kaufen für < 1 Mio das Werthaltige an Planung für H2-Tanken...  

 

https://live.euronext.com/en/node/12174257

Closed Thread now and look @ #1