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clock Created with Sketch. 11/01/22
07:14
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Originally posted by madamswer:
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"I notice your disclosure is now not held. Is the decision of management to invest in hydrogen with a target return of 10% pa ( in my view this seems optimistic ) a turn off since WPL isn't sticking to its knitting? And thus will reduce the amount of capital available for its core business or capital returns. I agree with the ESG , energy stops growing thesis and the value further out in the oil futures chain. But am a bit torn on whether the oil stocks themselves are sufficiently attractive investments. I'd be tempted but the hydrogen investments feel like they could squander capital. A bit like a certain railway stock which made a dubious acquistion rather than stick to its knitting (fortunately I had happened to exit just before that misstep.)"
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Which Oil/Energy ETF's have you considered? Some of them from what I understand gear themselves so the loss or gain can be greater or less than the change in energy price. That to my thinking then increases the risk as well as a reward.
(20min delay)