Update November 23th, 2020: I sold all my shares at 33.70€. Gain: +17.4% (excluding taxes and trading fees).

McPy energy ⚡️

McPhy Energy is a specialist in hydrogen production and distribution equipment, the company contributes to the global development of zero-carbon hydrogen as a solution for the energy transition in the industry, mobility, and energy sectors.

Why did I choose to invest in McPhy Energy?

  • Despite the COVID-19 public health crisis, McPhy’s revenue grew by 24%.
  • Headcount grew in 2020 (+9.7%).
  • France and Germany want to make Europe a “Hydrogen champion”. Sounds good for McPhy, which has a production center in both countries.
  • The company experiences good commercial momentum. In particular, McPhy was selected for two major projects: installing the largest industrial zero-carbon hydrogen production unit in Europe and outfitting the largest zero-emissions hydrogen mobility deployment project in France.
  • McPhy has cash: ~4 times the 2020 expected net loss.
  • BPI - the French public bank of investment 🇫🇷 subscribed to 340 425 shares. In total, French public institutions has 1.8M shares (as of the june 23th).
BPI - the French public bank of investment 🇫🇷 subscribed to 340 425 shares.
  • McPhy is followed by many trend followers in France

What is my position?

I bought shares today - the 18th of November - at a unit price of 28.70€. I plan to sell at 33.00€ for a 14.9% ROI but I might go long with this one. Stay tuned!

Personal finance: lesson 101
Personal finance coverage in formal education 📚 is very low whereas poor personal finance hygiene can have a massive impact on your life. Many of my friends have above-average incomes (engineers, consultants, entrepreneurs...) and yet have a history of bad decisions about their personal finance. …
To know more about my personal finance decision, check out this blog post.

The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.