I have a problem with $CCO at the current level. While researching the sector last week, I read that $CCO has sold out all uranium production for the next 3-4 years via long-term contracts. This means that there is hardly any room for positive surprises as the prices are fixed. The only thing that can develop better is the service business. As I tend to focus on small caps myself, I would now prefer other players. I therefore already have $UUUU, and also very speculatively $EL8. I also find $NXE interesting.
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@Multibagger Since you are more interested in the companies that are rising strongly in the short term, $CCO may not really seem attractive yes. You are also right about the long-term contracts, but I also think that there will be some trading capacity. The question of fuel is always the first to come up, be it because of an LTO or a new build project.
As we have seen with the 80b$ deal, people are slowly realizing how important and relevant service is. Every power plant is subjected to an annual inspection, recommissioning etc. This field is extremely broad. There are not many who do this and have the scope for it.
The nice thing about $CCO is that we don't just cover the production that the market is currently most interested in. Different areas and also other sectors that are not just for the supply of energy come into play.
$NXE I also think that's great, which is why I finally got on board. The individual NXE share in my secondary portfolio is already at a good 90% 😅
If we become profitable here, it will probably go up a few more 100%.
You also made me aware of $UUUU, but unfortunately I don't have enough money for everything. Let's see what happens next.
Especially in the nuclear sector, I hope that prices will soon "recover" to a lower level. Once the current hype cools down again and investors are perhaps more likely to get out again as the problems, longer lifetimes and costs become clear and could cause unrest.
As we have seen with the 80b$ deal, people are slowly realizing how important and relevant service is. Every power plant is subjected to an annual inspection, recommissioning etc. This field is extremely broad. There are not many who do this and have the scope for it.
The nice thing about $CCO is that we don't just cover the production that the market is currently most interested in. Different areas and also other sectors that are not just for the supply of energy come into play.
$NXE I also think that's great, which is why I finally got on board. The individual NXE share in my secondary portfolio is already at a good 90% 😅
If we become profitable here, it will probably go up a few more 100%.
You also made me aware of $UUUU, but unfortunately I don't have enough money for everything. Let's see what happens next.
Especially in the nuclear sector, I hope that prices will soon "recover" to a lower level. Once the current hype cools down again and investors are perhaps more likely to get out again as the problems, longer lifetimes and costs become clear and could cause unrest.
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