|Ceramic Fuel Cells
||EPS - Basic
||Market Cap (m)
Real-Time news about Ceramic Fuel (London Stock Exchange): 0 recent articles
|cool_hand: what's the smallest amount of a penny a share price can go?|
|ball deap: Brosham if you ask me the additional listing was a trick to lower the share price so they can make more money on the rise again. Everybody knows the Estonia deal was a geo-political decision as it happened just before the Crimea crisis inside knowledge. Good luck to all holders I'm a holder from 3.5p so a little way to go but am confident of breaking even soon.|
|broshm: millions and many more millions shares traded with no change to the share price who is in charge of the madhouse ?
The product , a super ,wayahead of its time , FC , is so undersold I weep .
When will common sense be realized ?|
|daithedeath: RNS Number : 9355B
Ceramic Fuel Cells Limited
10 March 2014
10 March 2014
Ceramic Fuel Cells Limited
("CFCL" or the "Company")
Share price movement
Ceramic Fuel Cells Limited (AIM / ASX: CFU), a leading developer of generators that use fuel-cell technology to convert natural gas into electricity and heat for homes and other buildings, notes the recent rise in its share price. The Company made a number of announcements on 3 March 2014 including the release of the Company's interim results for the 6 month period ended 31 December 2013. The Company can confirm that it knows of no specific reason for this movement.
For more information please contact:
Ceramic Fuel Cells Limited
Clifford Ashby (CFO)|
|cool_hand: maybe time to just dump what little I have left here, has been holding out on nothing more than the hope that things would start to turnaround.
an absolute disgrace of a business model which has kept directors rewarded handsomely whilst ruining many.
I do however think once funding is realized this could have a small rally - but where the share price ends up, is it really worth the risk to reward?|
|sueyou1: Another one barking up the wrong tree, in fact he's just a bitter and twisted barking mad fool LOL!!
brunodog2 27 Aug'13 - 17:30 - 3787 of 3787 0 0 (Filtered)
If you want to know what's wrong with CFU then you need to look at the way the company burns cash like there is no tomorrow (needing another £5m within 2 months), the systems that are still 4x-5x the price that people would pay for such a system (because high efficiency boilers and Stirling Engined mCHP are so much cheaper), but don't bother trying to pull the wool over investors eyes by making out the share price has anything to do with me posting THE FACTS!!|
|cestnous: From online 'Share' Mag May 08, 2013
I do not hold
Poweralternatives:A Slimmed Down Ceramic Fuel Cells Limited Raises Funds As European Subsidies Stimulate Demand
By Amy McLellan
Ceramic Fuel Cells Limited, the ASX- and AIM-quoted developer of micro-generators, is raising £4.3 million from institutional investors in the UK. The funds will be used to strengthen the balance sheet as it gets ready to capitalise on subsidy-backed opportunities in the UK and Germany
At the time of writing the placing was getting ready to close, with the company issuing new ordinary shares and secured convertible loan notes priced at 2.14 pence. The current share price is 3.75 pence. The Melbourne-based company's coffers will receive another £3.3 million cash boost mid-year via an R&D-related tax refund from the Australian Government.
CFCL, which was founded in 1992, retrenched last year, slashing costs and headcount, to focus on a core market of the UK, Germany and Benelux. This has been painful but should start to deliver bottomline benefits going forward. Having ended Q1 with cash of £2.4 million, the company needs to funds to help fulfil recent orders in the UK and Germany.
Germany is the near-term prize, with strong political support for micro combined heat and power (mCHP) solutions as the country seeks to decarbonise its economy CO2 emissions to be cut by 40 per cent by 2020 - while phasing out its nuclear power plants by 2022. Berlin policy makers see high efficiency distributed mCHP, which can react quickly to the variable demands on the grid at a time when it's increasingly supplied by intermittent renewables, as key to meeting these goals.
In October 2012, the largest state in Germany, North-Rhine Westphalia, announced a subsidy scheme for mCHP products, which CFCL's products qualify for, which will run until the end of 2017 and will unleash subsidies of up to 250 million. The subsidy scheme, although it has taken longer to be implemented than the company had hoped, impacting projected sales in Q1, is more generous than anticipated, with small and medium sized companies able to receive up to 13,000 per unit. This is on top of the German Federal Government's feed-in tariff for mCHP products and could see commercial users achieve payback within five to seven years.
In March 2013 the company signed a letter of intent to form a strategic partnership with distribution grid operator Alliander AG, which, as a first step, will see up to 600 of CFCL's BlueGen systems installed in Alliander's regional grids by 2015. The first 100 units will be installed in the City of Heinsberg, with Alliander boosting the existing government feed-in tariff and NRW subsidy with an additional feed-in tariff 0.10 per kWh (capped at 5,000 over the life of the unit) and an additional upfront capital subsidy of up to 4,000 per unit. This is a generous package and should provide welcome stimulus to would-be commercial customers. Indeed, the AIM company reports it has already seen a "significant" number of sales enquiries since the subsidy was announced.
It has also received a binding order to 60 additional integrated mCHP units from German energy service provider EWE, building on an initial deal agreed in 2010. Delivery of the units is scheduled over the second half of 2013.
The UK Government is also backing microgeneration. At the end of last year, the feed-in tariff for mCHP units were increased by 25 per cent to 12.5 pence per kWh plus an additional 4.5 pence per kWh for electricity not used on site and exported to the grid, up 50 per cent. CFCL's BlueGen is the only fuel cell-based mCHP appliance eligible for this feed-in tariff.
Orders are already coming in. In January 2013, the company signed a distribution agreement with iPower Energy to provide BlueGen units for a housing association project in Maidenhead, England. In the initial phase 10 BlueGen units will be deployed with each unit serving on average 5 flats, delivering electricity at least 10 per cent cheaper than the best locally available standard electricity price. The aim is to repeat this arrangement with other housing associations across the UK.
While subsidies are currently essential to the business model, the company is looking to drive down the manufacturing cost of its units to make sure it can stand alone while still providing an attractive return to customers and delivering a reasonable profit. This is important from a risk perspective given the shifting political tides in energy policy. Last year the company successfully reduced the unit cost of the BlueGen product by 26 per cent to 18,000 and the company hopes to slice another 18 per cent off for each doubling of output volume. The recent fundraise will help as it readies its supply chain and manufacturing capability to deliver the anticipated uplift in sales. This could be a key year for the small cap.|
|sueyou1: broshm, they are still suspended on AIM so the share price hasn't moved. The share price dropped 21.43% on ASX to AU$0.044 which is £0.0293. If the stock suspension was lifted tomorrow then that would be the opening price through arbitrage, but I suspect a further drop on ASX before CFU gets a new NOMAD, so nearer 2p by the time they get that sorted, if they can, if not then the stock will be delisted and you will only be able to trade it on ASX.|
|miket888: I picked this article up on sharecast.com. It doesn't look good for the short term investors but sales are now developing at a much faster rate and unit costs could drop significantly from subsidies on offer to take on this world class technology!
Ceramic Fuel Cells poised to raise 4.3m pounds from investors
Tue 30 Apr 2013
CFU - Ceramic Fuel Cells Ltd.
Name Price %
Ceramic Fuel Cells Ltd. 3.75p 0.00%
FTSE AIM All-Share 707 -0.07%
Alternative Energy 8,888 0.00%
LONDON (SHARECAST) - Ceramic Fuel Cells, the developer of generators which use fuel cell technology to convert natural gas into electricity, has received in principal commitments from institutional investors in the UK to raise a 4.3m pounds, subject to the finalisation of transaction documents with each of them.
The company reported that the documentation was expected to be completed over the next two days and said that the amount raised could increase further over that period.
It said that the fundraising was to be constituted by the issue of both new ordinary shares and secured convertible loan notes. The notes would have a three-year term, a 9.0% per annum coupon rate payable quarterly and could be converted into equity at anytime at the holder's election.
Ceramic Fuel Cells reported that the issue price of the new ordinary shares and the conversion price for the loan notes would be 2.14p per share.
In addition to the funds, the company said that it expected to receive a further AUD 5.0m (£3.3m) in cash from the Australian Government around the middle of the year in relation to a tax refund.
This amount arose as a refundable credit in relation to the company's fiscal year research and development expenditure that was claimable for tax purposes, the company said.
Ceramic Fuel Cells' share price was down 0.53% to 3.73p at 12:27 on Tuesday.|
|sueyou1: The Mint, thanks for the words of wisdom in this asylum ;-)
CFU need to step right up to the plate now that they have the cash to protect them from fund raising for 9 months. They need to stop RNS'ing hype about product trials and do the business. For example, what happened to all the 6 month to 1 year trials that started in 2010/2011 and have now finished with no sales? Not a word from CFU about those trials when they finished, yet every one of them was touted as big news when those trials were agreed, that is what I mean about RNS'ing hype.
CFU need to:
1) Cut BoD salaries immediately, to reduce cash burn to a figure more appropriate to a pre-commercial cash burning company.
2) Prove ASAP that the furnaces 'CAN produce stacks at acceptable quality standards' when FULLY loaded.
3) Get the Bluegens they have built (unless they have been holding back on buying parts for two months while they raked in some cash to pay for said parts to complete the builds?) installed ASAP, as the Bluegen Website has had '213 installed' for over 10 weeks.
4) Aim for sales of 1000+ units in the next 6 months, using their lower pricing and FIT's as leverage. Put pressure on those with deals in place to start taking systems.
5) Ignore the share price for the next 6 months and concentrate on the business, because if they can get the business the share price will react to it. Hyping the share price through RNS is a thing of the past, everyone is wise to it now. A trial is not big news unless it is a trial that is converted to sales. A new FiT is no good unless CFU can manufacture and sell the product into that market.
If CFU can do all of the above then you may well find I become a shareholder one day, as I will find I actually have something positive to say about the company as an investment.
6 months is make or break IMVHO. No sales and/or no big furnace working 100% full equals no more funding, possibility of going into administration, then most likely bought out by the Chinese supplier for £10m-£20m, game over.|
Ceramic Fuel Cells share price data is direct from the London Stock Exchange