Pryme - tidenes no-brainer?


Pryme må jo være tidenes no-brainer på Oslo børs?

Agilyx, som ikke har kommet en dag lenger er priset til 3.3mrd. Quantafuel som er priset til 10mrd er ca et år forran i løypa.

Stor mulighet for at denne går >3x når det blir litt blest om den. Av hjørnesteininvestorene er det trolig bare Spetalen som er ute (som forventet).

Fikk kjøpt litt quantafuel på 20,9, meget fornøyd med det.
Men ingen tvil om hvem jeg har mest troa på 👍 kjøpt 20 000 Prymeaksjer denne uka, og skal fortsette med å kjøpe hvis den holder seg under 25kr.
Vetle
03.02.2022 kl 09:29 1543

Hei
Legger den inn her og til info!

Her er hva Pareto tenkte etter avtalen med Shell i oktober for de som ikke har fått lest denne. Bør komme en oppdatering i dag under selskapets presentasjon.


Secures partnership and offtake agreements with Shell
Pryme and Shell announces partnership and offtake agreements on pyrolysis oil made from plastic waste. The supermajor will take the production from Pryme’s first plant in Rotterdam (60,000 tonnes/year) with production start next year. Shell has also secured provisions for further volumes from the planned second plant (350,000 tonnes/year) scheduled to commence production in 2024. In addition, the companies will cooperate on testing of pyrolysis oil to increase efficiency and bring industrial scale to the industry. With its target of recycling one million tonnes of plastic waste per year by 2025 as well as vast capabilities in terms of scale and financing, we think Shell is an ideal partner for Pryme. The share price has traded down in recent weeks on no news and should trade up much more than the current 10-15% on today’s news, in our opinion. BUY/TP NOK 150

Time to look at the upside potential (3x current share price on the first plant alone)

Pryme’s share price has traded down in recent weeks despite no negative company news. We think this is driven by weak performance from its larger industry peer Quantafuel in recent months. Importantly, this has been driven by company specific issues and not a more negative outlook for the industry
With the Shell agreements secured, we think it’s time to look at the upside potential to Pryme’s current valuation
At NOK 25/share, Pryme has a market cap of EUR 38m. We value the initial plant at EUR 76m after applying a 30% risking discount on the unrisked potential of EUR 110m. This implies 3x upside potential in a success case based on that plant alone
The much larger second plant has an unrisked potential of more than NOK 300/share. This provides a very high upside potential to the current pricing if Pryme is able to scale its technology (which we think rapidly will be priced into the stock if the first plant is successful)
We think far too little of this is priced into the stock at the moment and expect the share to trade up significantly on the back of today’s positive news. In our opinion, the agreement with Shell also helps validate the potential of Pryme’s technology

Vetle Stavanger
Ruda9
03.02.2022 kl 09:56 1508

Latterlig lav kurs. Her er det bare å laste til ripen

Kort oppsummert fra Pareto konferansen:
- Ingen forsinkelser hos deres underleverandører (enn så lenge)
- Stabil progressjon
- Commisioning starter Q2 2022 (First plant Rotterdam)
- Produksjon start 2H 2022 (First plant Rotterdam)


- Evaluerer flere "plants" rundt om i Europa med prod. start >2024/2025 (Megaplants med output >120 000/360 000 tonn/år
Beslutning taes i 2023. - Samtaler med flere oljegiganter (petrochemical aktører)(off-take agreement)

Redigert 03.02.2022 kl 12:52 Du må logge inn for å svare
MiniMe
03.02.2022 kl 13:01 1377

Meget bra. Takk for oppsummering.
MiniMe
03.02.2022 kl 13:21 1343

Kursmål basert på den første fabrikken som skal være i produksjon i juni i år er 150 kr.
Secures partnership and offtake agreements with Shell Pryme and Shell announces partnership and offtake agreements on pyrolysis oil made from plastic waste. The supermajor will take the production from Pryme’s first plant in Rotterdam (60,000 tonnes/year) with production start next year. Shell has also secured provisions for further volumes from the planned second plant (350,000 tonnes/year) scheduled to commence production in 2024. In addition, the companies will cooperate on testing of pyrolysis oil to increase efficiency and bring industrial scale to the industry. With its target of recycling one million tonnes of plastic waste per year by 2025 as well as vast capabilities in terms of scale and financing, we think Shell is an ideal partner for Pryme. The share price has traded down in recent weeks on no news and should trade up much more than the current 10-15% on today’s news, in our opinion. BUY/TP NOK 150 Time to look at the upside potential (3x current share price on the first plant alone) Pryme’s share price has traded down in recent weeks despite no negative company news. We think this is driven by weak performance from its larger industry peer Quantafuel in recent months. Importantly, this has been driven by company specific issues and not a more negative outlook for the industry With the Shell agreements secured, we think it’s time to look at the upside potential to Pryme’s current valuation At NOK 25/share, Pryme has a market cap of EUR 38m. We value the initial plant at EUR 76m after applying a 30% risking discount on the unrisked potential of EUR 110m. This implies 3x upside potential in a success case based on that plant alone The much larger second plant has an unrisked potential of more than NOK 300/share. This provides a very high upside potential to the current pricing if Pryme is able to scale its technology (which we think rapidly will be priced into the stock if the first plant is successful) We think far too little of this is priced into the stock at the moment and expect the share to trade up significantly on the back of today’s positive news. In our opinion, the agreement with Shell also helps validate the potential of Pryme’s technology

Lukter vinnerlisten! Kom igjen Mr. Market, våkn opp! Spennende tider nå.
Luciferr
03.02.2022 kl 14:57 1202

Aksjen kommer rett ifra 34 siste 30 dager, så veien opp dit bør være kort.
Redigert 03.02.2022 kl 14:57 Du må logge inn for å svare

Kanskje markedet ikke skal våkne, fint å kunne kjøpe litt mer før fabrikken åpner 😁👍🤑