Post by retiredat48 on Jun 16, 2021 15:54:27 GMT
A poster on the Fidelity Forum posted this thread and title, asking what is the next stock or fund to be a twenty bagger or more.
I made a couple replies...one was:
A sleeper candidate: CCJ Cameco company, a uranium supplier.
If the world figures out that the best way to get to low climate change is by (redesigned) nuclear power, then CCJ could take off.
(Disclosure: I worked my entire career with GE and Naval Nuclear Powered Submarines)
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A poster replied this to me:
I'll see your CCJ and raise you with SILXY.
I was looking for more nuclear energy stocks. GE owned about 1/2 of the GE-Hitachi Nuclear. They owned GLE, Global Laser Enrichment.
Enrichment of Uranium is a big energy use. They convert the yellow cake to a gasious Uranium. Then it is put through cascading centrifuges to force the heavy uranium to the outer surface. The goverment has been working with GLE to use lasers to reduce the energy use.
SILEX (last part is Laser Enrichment...) is an Australian company that has made special purpose lasers. They supply the lasers to GLE and have an agreement that they will be paid per use of their lasers/technology for every pound of enriched Uranium. $ for the laser... and again $ for using the laser.
We know that GE is spinning off anything it can to survive. They bailed out on GLE. But CCJ and SILEX bought out GLE from GE Hitachi!. I consider that an unbelievable buy. The two companies that have the knowledge and materials just bought out the middleman!.
The USG has authorized the new owners to process Uranium and is supplying material and funding to GLE to proceed.
SILEX is a very small company in Austrailia. Probably one office, but the are in/or very close to the Austrailian Nuclear facility. I'm sure they would sell out of GLE instead of operating it. If GLE goes or is taken private, it may not hit too many multiples. If GLE is sold and goes public, then multiples could happen. If CCJ buys the other half, you could get shares, or cash. Many people map their multiples through many different companies when buyouts happen.
Of course, GLE could fail.
gain.inl.gov/HALEU_Webinar_Presentations/16-Owens,Global_Laser_Enrichment,v16nm-28Apr2020.pd...
I usually don't like mentioning stocks until I fill my bucket. I'm full of CCJ and still spooning in SILXY. Nuclear has many people fearful. I'm greedy.
GLE has support, has been working this, DOE is supporting it, We are having baseload power issues with black outs.... Please don't buy and run the price up for me... yet.
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He further replied: Remember that these are ADR's. There is a whole Austrailian Stock market trading SILEX. Yes, you can see my SILXY purchases as I'm the only one that bought he ADR those days. It's easier than buying through Austrailia
www2.asx.com.au/markets/company/SLX
About 261,000 shares traded daily. SILXY ADR's are only showing the ADR purchases. It doesn't look that bad when you dig in.
If this is a 20/50/100 bagger, don't worry. It will have the trading volume once Barrons covers it.
GLE is in the US. It could IPO for SILEX to cashout, or CCJ could buy it out.
You can't find great investments by asking people on a forum on what is a great investment. If it's that known, they would already have bought in. No own usually tells others until they have filled orders for themselves, family, customers, friends, etc. I mentioned I was resistant to letting this one out there.
And: "I just doubled my holdings on SILXY. The US Nuclear Regulatory Commission (NRC) just approved HALEU production. CCJ just appointed executives to SILXY. If GLE succeeds in low cost HALEU production, I'll be good with this basis."
--------------------------------------------
I don't normally invest in individual companies. But interesting trends in nuclear industry. Have at it...thoughts/comments...Chang, nuclear is your wheelhouse.
R48
I made a couple replies...one was:
A sleeper candidate: CCJ Cameco company, a uranium supplier.
If the world figures out that the best way to get to low climate change is by (redesigned) nuclear power, then CCJ could take off.
(Disclosure: I worked my entire career with GE and Naval Nuclear Powered Submarines)
-----------------------------------
A poster replied this to me:
I'll see your CCJ and raise you with SILXY.
I was looking for more nuclear energy stocks. GE owned about 1/2 of the GE-Hitachi Nuclear. They owned GLE, Global Laser Enrichment.
Enrichment of Uranium is a big energy use. They convert the yellow cake to a gasious Uranium. Then it is put through cascading centrifuges to force the heavy uranium to the outer surface. The goverment has been working with GLE to use lasers to reduce the energy use.
SILEX (last part is Laser Enrichment...) is an Australian company that has made special purpose lasers. They supply the lasers to GLE and have an agreement that they will be paid per use of their lasers/technology for every pound of enriched Uranium. $ for the laser... and again $ for using the laser.
We know that GE is spinning off anything it can to survive. They bailed out on GLE. But CCJ and SILEX bought out GLE from GE Hitachi!. I consider that an unbelievable buy. The two companies that have the knowledge and materials just bought out the middleman!.
The USG has authorized the new owners to process Uranium and is supplying material and funding to GLE to proceed.
SILEX is a very small company in Austrailia. Probably one office, but the are in/or very close to the Austrailian Nuclear facility. I'm sure they would sell out of GLE instead of operating it. If GLE goes or is taken private, it may not hit too many multiples. If GLE is sold and goes public, then multiples could happen. If CCJ buys the other half, you could get shares, or cash. Many people map their multiples through many different companies when buyouts happen.
Of course, GLE could fail.
gain.inl.gov/HALEU_Webinar_Presentations/16-Owens,Global_Laser_Enrichment,v16nm-28Apr2020.pd...
I usually don't like mentioning stocks until I fill my bucket. I'm full of CCJ and still spooning in SILXY. Nuclear has many people fearful. I'm greedy.
GLE has support, has been working this, DOE is supporting it, We are having baseload power issues with black outs.... Please don't buy and run the price up for me... yet.
----------------------------------------
He further replied: Remember that these are ADR's. There is a whole Austrailian Stock market trading SILEX. Yes, you can see my SILXY purchases as I'm the only one that bought he ADR those days. It's easier than buying through Austrailia
www2.asx.com.au/markets/company/SLX
About 261,000 shares traded daily. SILXY ADR's are only showing the ADR purchases. It doesn't look that bad when you dig in.
If this is a 20/50/100 bagger, don't worry. It will have the trading volume once Barrons covers it.
GLE is in the US. It could IPO for SILEX to cashout, or CCJ could buy it out.
You can't find great investments by asking people on a forum on what is a great investment. If it's that known, they would already have bought in. No own usually tells others until they have filled orders for themselves, family, customers, friends, etc. I mentioned I was resistant to letting this one out there.
And: "I just doubled my holdings on SILXY. The US Nuclear Regulatory Commission (NRC) just approved HALEU production. CCJ just appointed executives to SILXY. If GLE succeeds in low cost HALEU production, I'll be good with this basis."
--------------------------------------------
I don't normally invest in individual companies. But interesting trends in nuclear industry. Have at it...thoughts/comments...Chang, nuclear is your wheelhouse.
R48