HTPADU SHARE PRICE MOVEMENT IN ANTICIPATION ON NIISE AS ANNOUNCEMENT DATE NEARING IN? WHAT DO YOU THINK?

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Previously, there are news saying that Theta and Dnex are front runner for NIISE job, and HTPADU drop out on the job. However, the news are not verified by HTPADU at all because there is no official statement from the company.

If you want to read back on history, you can refer to my previous posting here

Target Invest KLSE: HTPADU GAP DOWN AND SELL DOWN? WHAT DO YOU THINK? (targetinvest88.blogspot.com)

Anyhow, we are nearing to the end of June, which is 1 week left. According to the transport minister, the result of the NIISE contract will be out on end of June 2024.

As the anticipation grow, investor, traders and speculators will also start to take note of the movement of share prices.

As you know, Target Invest is more towards HTPADU getting the NIISE contract, or if not, the huge chunk and most of it. After all, the businessman behind the MyIMMS will have enough experience and input to make NIISE a better version.

As we have a balance of 5 trading days left in June, price movement are critical underlying factor. Htpadu look set to challenge the downtrend resistant line in the next few days. If a successful challenge at RM 2.25, then HTPADU probably is looking good towards retesting RM 2.50, and subsequently RM 3.00

Incidentally, Theta share price is seen heading down, suggesting that it might not be a strong contending force for this NIISE. By the way, I am not looking down at Theta, just that Theta is not suitable for this. But, Theta will have other good contract that can support it's future share price.

Another contender for the job is Dnex. While Dnex is a strong contender, however, I think that there is currently a lot of stuff sitting in Dnex plate right now, and the share base is too large (3.41b shares) to see this contract play out to the full excitement.

Most importantly, HTPADU had just completed a private placement exercise for a capital fund raising.

Target Invest still will choose -> HTPADU.

What do you think?

We will know the result in the coming week, hopefully there will be no delays again. 

IMPORTANT NOTICE

Please be informed that I am not a professional or certified analyst. I am not a licensed consultant, just a normal retail investor. I am just sharing my ideas and opinion on the market outlook. Any company mentioned should not be interpreted as a buy/sell/trade call. Please do your own research and buy/sell/trade at your own risk.

Blog https://targetinvest88.blogspot.com

Telegram https://t.me/targetinvest88

HOW MUCH HYDROGEN CAN 1 MOLECULE OF TOLUENE CARRY? HOW MUCH TOLUENE IS NEEDED FOR HYDROGEN STORAGE AND TRANSPORT BETWEEN MALAYSIA AND JAPAN KOREA?

Blog https://targetinvest88.blogspot.com

Telegram https://t.me/targetinvest88

We are reaching to the 2nd half of 2024. Had you started out your equity market investment in 2024? An investment is where you had study deeply on a certain industry / company, and you are convinced of your study and research, and you can see the potential growth, and willing to put your capital to work, holding it for maybe 1 to 2 years in order to see your invested company come into fruition. We can be talking of multi baggers, 50 to 100% or more.

Here I am invested in CENSOF, and I am still invested in CENSOF without selling a single share. While CENSOF had went up steadily, I had discovered LCTITAN, and I am too invested in LCTITAN due to it's potential growth and involvement in the hydrogen storage logistic, by producing a chemical named Toluene, to mix with hydrogen to get MCH (methylcyclohexane)

Today, I am going to share more in depth of how much hydrogen a molecule of toluene can carry, and working on the potential production needed, along with potential revenue.

The whole reaction involves

3 hydrogen = 3 H2

1 toluene = C6 H5 CH3

and mixing it with a reagent and around 200 degree celcius heat, you get 1 molecule of MCH

1 MCH = CH3 C6 H11

So we will work on the molecule weight of each

1 MCH = 98.186 g/mol

1 Toluene = 92.148 g/mol

3H2 Hydrogen = 6.038 g

(1 H2 = 2.013 g/mol)

Working out on the percentage

1 MCH = 93.85% of TOLUENE + 6.15% of HYDROGEN

Which means, every 1 TON of MCH, it will contain 61.5KG of HYDROGEN that can be dehydrogenated out to use.

According to Petronas,

Kerteh will be exporting 50000 ton of blue hydrogen using MCH (Spot 1 and 2)

Sarawak will be exporting 90000 ton of green hydrogen using MCH (Spot 4)

The total will be 140,000 ton of hydrogen that will be transported via MCH

How much TOLUENE will be needed to transport 140,000 ton of hydrogen?

We will use the formula 140,000 ton / 0.0615 X 0.9385 = 2,136,422 ton of Toluene

Now 1 ton of Toluene is selling around USD 1100 to USD 1300.

The total potential revenue is 2,136,422 x USD 1200 (avg pricing) x RM 4.7 (exchange rate) = RM 12,049,420,080.

Now that is a whopping extra RM 12 billion of Toluene sales coming into LCTITAN pipeline in the future.

According to research, Toluene has a shelf life of 1 year.

If LCTITAN work on a 10% margin, that will be RM 1.2 billion of profit.

Looking at the chart, it looks like LCTITAN had a break out on downtrend on end of May closing, however, it went back down starting beginning of June.

I will possibly explain this situation in my next posting.

I want to informed that I am invested in LCTITAN due to it's prospect in hydrogen storage logistic. Hydrogen is a good prospect as energy storage due to zero carbon produce during the burning process, and many country are shifting towards hydrogen.

IMPORTANT NOTICE

Please be informed that I am not a professional or certified analyst. I am not a licensed consultant, just a normal retail investor. I am just sharing my ideas and opinion on the market outlook. Any company mentioned should not be interpreted as a buy/sell/trade call. Please do your own research and buy/sell/trade at your own risk.

Blog https://targetinvest88.blogspot.com

Telegram https://t.me/targetinvest88