[ad_1]
Gn hydrogen will play a central role on the way to a climate-neutral economy. More and more experts are convinced of this. That makes investments in companies with hydrogen technology fr Investors very interesting. The hydrogen start-up is one of the pioneers in this field Enapter. But there is currently no Enapter share. However, investors can use the investment company S&O holdings and invest the corresponding S&O shares in Enapter if they are convinced of the future success of the company and thus also of an upcoming Enapter share. S&O Beteiligungen AG operated under the name until January 10, 2020 S&O Agrar AG. This is why the S&O share often still runs under its old name, S&O Agrar Share. The S&O share is currently going through the roof. What’s behind it?
[ad_2]
S&O share: It will soon change its name to Enapter share.
The Enapter vision
Enapter designs and manufactures highly efficient hydrogen generators. The technology is based on anion exchange membrane electrolysis (AEM electrolysis), which Enapter has patented. The company’s vision is to completely replace fossil fuels with green hydrogen and make them more accessible. The production of hydrogen is very energy-intensive. And hydrogen is only green if it is produced using renewable energies. Other companies are also active here: Siemens Energy, Linde, Air Liquide or Nel Asa, for example, are planning to use their electrolysers to reduce industrial CO2-to make free.
Unlike the big competitors, Enapter uses small electrolysis systems that can be enlarged as required. The electrolysers can also be used in the home or at the petrol station, or they can replace diesel generators. In the municipality of Saerbeck in North Rhine-Westphalia, Enapter wants to set up the first mass production for its electrolysers. Up to 100 million euros are to flow into the highly automated production, which should start production as early as 2021.
The story of Enapter
The history of the company, and therefore of the Enapter share, is somewhat unusual. The founder and CEO of Enapter is the entrepreneur Sebastian-Justus Schmidt, who has been involved in software development for more than 30 years. He founded Enapter in 2017 to build green energy systems. To this end, he took over the technology, patents and the core team of the Italian company, consisting of electrochemists ACTA SpA company The company, based in Pisa, was in bankruptcy at the time. After the takeover, Enapter established itself as a pioneer for sustainable hydrogen electrolysers and further developed the ACTA team and product. Enapter has a seat in Pisa as well as in Berlin and further locations in Europe and Asia. With his investment company BluGreen Company Limited Based in Hong Kong, Sebastian-Justus Schmidt bought into the listed S&O Beteiligungen AG in August this year. This, in turn, had previously emerged from S&O Agrar AG, which had successfully processed its insolvency plan in 2019. Initially, Schmidts BluGreen holds around 61.47 percent of the voting rights and share capital in S&O Beteiligungen AG. In a further step, there will be a capital increase in kind, in which BluGreen will contribute its 100 percent stake in Enapter Berlin and Enapter Pisa. This is how Enapter AG will come into being. The Annual General Meeting of S&O Beteiligungen AG, which will be called Enapter AG in the future, also resolved on October 8, 2020 a cash capital increase of around 6.2 million euros with subscription rights for shareholders at a subscription price of 6.00 euros through the issue of 1,031. 500 shares.How has the Enapter share performed?
The S&O share (future Enapter share), which was quoted at EUR 0.89 (with a trading volume of zero) on August 10, 2020, on the day the majority takeover by Schmidt’s BluGreen was published, jumped to August 11, 2020 , 46 euros. Since then, the S&O share has risen sharply: At its peak, the future Enapter share cost an incredible 76.50.S&O Beteiligungen (future Enapter AG) reacted to the considerable price increases and commissioned mwb fairtrade securities trading bank as designated sponsor. One Designated sponsor looks after small and medium-sized listed companies so that trading in their papers runs smoothly. Because of the small number of currently tradable S&O shares of Free Flaot is only 6.2 percent, the trading volume of the future Enapter share is very low, which leads to the high price swings. The company therefore wants to help improve trading conditions by commissioning the Designated Sponsor, S&O announced.
The company classified the following three events as other relevant upcoming events that also affect the potential trading volume:
- the expiry of the offer period for the mandatory offer of BluGreen Energy Ltd on October 19
- the capital increase in kind currently being implemented through the issue of 20 million shares
- and the cash capital increase resolved by the Annual General Meeting on October 8, 2020 through the issue of 1,031,500 shares
Opportunities and risks of the future Enapter share
The first analysts have already put the S&O share, the future Enapter share, under observation. Karsten von Blumenthal, analyst at First Berlin Equity Research, sees a number of strengths and opportunities as well as weaknesses and risks at Enapter. Opportunities and Strengths:- The company operates in a market for green hydrogen that is at the beginning of a strong and long-term growth phase.
- Enapter is the technology leader in AEM electrolysis.
- Enapter aims to build simple, standardized and inexpensive electrolysers and aims for mass production.
- Enapter owns a growing patent portfolio of approved and pending patents. The most important patent protects Enapper’s core technology, AEM electrolysis with a dry cathode, in Europe, the USA, China and India. We see Enapter as excellently positioned to sustainably defend their competitive edge through patents and further research and development, writes Blumenthal.
- Enapter is a small company with about 100 employees and limited resources.
- Enapter was founded in 2017 and therefore only has a very short company history.
- Low capital resources: Enapter recently raised funds (with a volume of 4.2 million euros) for corporate financing through a Series A round. According to the analysis by First Berin, the available funds are nowhere near enough to set up a site for mass production of electrolysers and for the planned company growth.
Costs, options & Co .: The depot comparison
If you want to buy an ETF or shares, you need a securities account. A comparison of the most important providers can be found in the table below, further detailed information in the depot comparison.
* Our independent experts deal regularly with products and service providers. We will provide you with the resulting articles free of charge. COMPUTER BILD receives a small commission if you click on a link or conclude a contract with a linked provider. Note: The content on computerbild.de is not a specific investment recommendation and only contains general information. Authors, editors and the cited sources are not liable for any losses that may arise through the purchase or sale of the securities or financial products mentioned in the articles. Complex financial products such as CFDs in particular harbor a high level of risk: According to the company, 75% of private investor accounts with eToro lose money when they trade CFDs from this provider.