Aker Action Forum

Commodity shortages loom: "Good for investors, bad for the rest" / Which shares are worthwhile

Ok, the headline is a bit sensational. But cool interview from a René.

Among other things, it's about the commodities uranium lithium silver and copper

https://youtu.be/YbebkkKcdS4?si=ZkUYJDr4ApFfILBP

"The outlook for commodities seems good, as far too little has been invested in recent years. However, commodities as an asset class are not quite so simple and there can be nasty surprises. I spoke to Urs Marti, manager of the SIA Long Term Investment Fund Natural Resources, about what is important. I have to say: I've rarely had a guest talk to me in such a humorous way. And welcome to "Rene wants returns"!

Important points:

00:00 What can be learned from the price slump in lithium

05:56 The fluctuations in commodities

07:44 Too little has been invested and that will take its toll

09:45 The fatal impact of ESG on commodities

10:29 Is a commodity shortage looming in the next few years?

11:29 Four percent of production is lost every year

13:23 What could happen next with oil

14:04 The mistakes of the energy transition in Germany: the nuclear phase-out was the lignite phase-in

14:51 Switzerland is doing good business with cheap German electricity

15:49 The price of uranium has risen sharply - will it keep going up?

21:27 Where Urs Marti now sees opportunities

23:33 Not on the marketing straight at

commodities

25:18 Be careful with silver mines

26:30 What to consider when investing in

commodity companies 34:20 Politics is the problem with big companies

companies

35:21 European oil companies on the wrong track $SHEL (-1,61 %)
$TTE (-2,14 %)

36:17 Stocks that Urs Marti likes:

36:20 Glencore $GLEN (-5,64 %)

36:54 Harbour Energy and Aker $AKER (-5,7 %)

39:44 Cenovus $CVE (-0,59 %)

We continue with the search for potential stocks for the Tenbagger portfolio after Lynch. Since it has been very US-heavy so far - strictly speaking, I have only invested in US stocks in this framework - I have set the focus for the next stock on the EU. The search is not easy there. It also seems that there are simply certain areas in which Lynch's criteria are also simply standard for the industry, for example in the paper industry. A more precise weighing of the individual values is therefore still necessary in a further step. For the time being, however, the following companies have been shortlisted:

• $AKER (-5,7 %)
  
• $BILL (+1,19 %)
  
• $BOL
  
• $CEM (+2,05 %)
  
• $KMR (-2,11 %)
  
• $PFV (-0,39 %)
  
• $TESB (-1,01 %)
  
• $TRI (-2,01 %)
  
• $WCH (-4,4 %)
  

What do you think? Do you see a share as particularly interesting? 🤔

-

I have explained more about Lynch's tenbagger strategy in this post:

https://www.patreon.com/posts/64094946?utm_campaign=postshare_creator

Aker ASA

https://www.akerasa.com/en

Almost a year ago, some here discovered "Aker Carbon Capture". The largest shareholder, Aker Horizons, is still invested in a few other companies and in turn owns 76% of Aker ASA😵 Maybe you can find similar interesting companies and businesses there? Or is Aker Horizons even THE investment in renewable energies?

This is the introductory post in a series looking at the companies within Aker ASA holdings. Aker has MANY investments in several other companies and businesses. I will break down and analyze the largest and most exciting of these into individual posts.

Industrial Holdings make up 85% of Aker investments; the largest are:

Aker BP ( $AKRBP (-0,65 %)
)

https://akerbp.com/en/

ownerhship: 37.1%

Oil and gas industry. Exploration and production of oil and gas offshore.

Value 2021 in NOK million: 36.329

[insert contribution here]

Aker Horizons ( $AKH (-0,98 %) )

https://www.akerhorizons.com/portfolio

ownership: 76.1%

Aker Horizons is Aker's investment in renewable energy and green technologies. This includes the following companies, for example:

Aker Carbon capture/ Mainstream renewable power/ Aker offshore wind/ Supernode

Value 2021 in NOK million: 15.342

[insert post here]

Cognite

https://www.cognite.com/en/

ownership: 50.5%

Software company providing software and internet-of-things services to industrial companies.

Value in 2021 in NOK million: 6.684

Aker Solution ( $AKSO (+1,41 %) )/ Aker BioMarine/ Aker Energy

Ownership: 33.3%/ 77.8%/ 50.8%

https://www.akersolutions.com/who-we-are/

https://www.akerbiomarine.com/who-we-are

https://www.akerenergy.com/who-we-are

combined value 2021 in NOK million: approx. 8,500

In addition, there are/have been investments in other companies (see chart); furthermore, the remaining share of assets (15%) is in the financial area (annual report 2021 page 10).

Market capitalization Aker ASA ( $AKER (-5,7 %) ) : US $ 5.5 billion

with a profit before tax (2021) of approx. 1.2 billion US $

Assessment of this valuation comes after the individual analyses.

To read:

https://www.akerasa.com/en/investors/financial-reports-presentations

https://akerasa.ams3.cdn.digitaloceanspaces.com/interim-reports/Aker-ASA-Fourth-quarter-and-preliminary-annual-Report-2021.pdf

@KapriolenSonne
@RoronoaZoro is the view getting clearer now?