|Ceres Power Holdings
||EPS - Basic
||Market Cap (m)
|Electronic & Electrical Equipment
Ceres Power Share Discussion Threads
Showing 5951 to 5974 of 5975 messages
|Not sure what caused today’s fall; more activity than normal but the 690k shares traded a v small %age of total shares outstanding of 1 billion.
Perhaps people think that a marcap if £87m generous for a company with projected revenues this FY of £2m
I am long and-for the moment at least-wrong.|
|I have to say I was surprised to see this in the Edison report after the very many years of development already put-in.
"There is still development required to take the 1kW platform for residential applications from prototype to commercial readiness"
Apart from that it is all very encouraging!|
|Anybody interested in this might also find RED (T Energy) of equal interest or perhaps ITM (Power), both of which offer something forward-thinking in the emerging technologies Energy/Power Sector|
That's the most thorough and highest quality report I have seen on any aspect of alternative energy or FCs. It is mandatory reading for everyone who reads this b/b and will save days of personal research.
It, credibly, pictures a colossal future for anyone prepared to wait for commercialisation in 2018 with substantial price appreciation to say 2-3 bagger level during the next 12 months as these forecasts look more and more realistic at H1 and FY 2017.|
|When I heard Trump saying that he was going to abolish EPA I thought about lightening up on CWR but did nothing because of the wide bid/offered spread.
I see the Cummins deal is with the Department of Energy but no doubt Trump will be focusing in on this and of course possibility that when Trump takes over this deal will at such an early stage that it will be possible to kill off…pure speculation on my part.
That said I listened to the very recent Zeus interview- link below; he refers to the Cummins data centre market as a rapid growth market in need of solutions; fuel cells produce –Zeus says-direct current rather than AC, which needs to be transformed to DC, and also fuel cells would have lower capex requirements. If indeed this is such an urgent and important area as Zeus indicated one asks oneself why commercial funding cannot take it forward.
|From today's RNS
"Substantial commercial progress including agreements with Honda R&D for power system applications and Nissan for range extenders for Electric Vehicles"
·Excellent technical progress with increasing SteelCell performance and manufacturing scale up
First significant US commercial success with Cummins & US Dept. of Energy to develop multi-kW systems for Data Centre and commercial scale applications.
· UK residential field trials begun for home system application with British Gas as part of European ene.field demonstration programme
· £20 million fundraising in October 2016 secures the Group's financial strength
|Thanks scrutable, such a mid-Autumn RNS containing so many +ves is really good timing in the grand scheme of things|
|Today's RNS: Version 4 of the Steel Fuel Cell " has been released to customers on time and on budget, reinforcing the Company's reputation for successfully executing against its technology roadmap. Higher power density and start-up timescales compatible with vehicle applications have been proven, making the platform increasingly commercially attractive in a growing number of markets (see video here: Technology Update)
Ceres Power's existing and potential partners will benefit from SteelCell version 4, and with further exciting core technology developments on-going, the Company fully expects further improved iterations of the SteelCell platform to be released going forward. The net electrical efficiencies now being delivered led to an award from the US Department of Energy, which will see Ceres Power working with global power leader, Cummins, in the development of technology for the emergent data centre market (see release here: Ceres & Cummins).
Mark Selby, Chief Technology Officer at Ceres Power said:
"A year ago Ceres Power committed to delivering SteelCell version 4, and the latest advancements successfully incorporated are testament to the team's ability to execute. The primary objective to reduce manufacturing costs was achieved through removal of over 20% of the processing steps and improved material utilisation. The performance of the platform has been further improved to deliver in excess of 50% net electrical efficiency in prime power applications. Performance through 1000s of rapid hot/cold cycles has also been confirmed, to the point that compatibility with vehicle and genset applications is being demonstrated."
1) version suitable for vehicle applications
2) "an award from the US Department of Energy,"
3)" reduce(d) manufacturing costs.... achieved through removal of over 20% of the processing steps and improved material utilisation"
4)performance of the platform ... further improved to deliver in excess of 50% net electrical efficiency in prime power applications
No mention of any successful developments jointly with Honda or Nissan but powerful remarks on the association with global giant Cummings.
Ceres' long arduous development concentrating on perfecting a very low cost, basic steel cell, to avoid the disadvantages of the more general ceramic approach, seems to be pulling ahead of the global fuel cell pack in developing the technology and may become the generic licensing solution for the process. If so this has gigantic implications not remotely in the price at present.|
No longer fully true since sterling Brexited down nearly 20% to EU1.12 to the £1.00, making Horsham very competitive. Not that that is likely to be decisive since I imagine that a volume car maker would end up producing the FC under licence.
I wonder why there has been no public comment on the type of FC used in the Honda Clarity FCX model, (FC fitted below the floor and probably fitted in japan). Several of these are on the road in California near H2 filling stations since selectively made available for $600/month in 2014. Plenty of people will have seen the FC at close quarters At the NY motor show this year Honda showcased an upgrade concept with an extraordinary max range of 435 miles in substantial improvement over the Toyota Mirai's 300, THe FC was more elegantly and safely placed under the bonnet.
I hope we will get some hint of Honda's choice of FC from CWR's FY results due Tuesday 8 Nov or at least a month later at the AGM, which has always included a tour of the Horsham works
|Manufacturing their own stuff was the big strategic error imv. Doing that in one of the most expensive parts of the uk is just unbelievable.|
|Gobsmacked these are still at 10p to sell.....They'll land at 8.75 to buy at some point next week they always do......;-(|
|What do people think the share price will settle at following this latest Fund Raise and issue of Shares next week ?|
|The shareholder circular is on the website.
|Proactive Investors is here: http://tinyurl.com/hnhsga|
|More partners to come for Ceres Power as reputation grows – CEO
11:45 29 Sep 2016
|General Meeting of the Company, which is expected to be convened by the publication of a Shareholder circular to be published not later than the 29 September 2016.
Look forward to that tomorrow.
Hope it gives some really good information and not just full of platitudes.|
|mrphil is de ramping all over the place|
|Quite agree. Fundraise should come as no surprise to anyone. Hoping to pick up a few more at about the 8.75 level, although that looks a bit unlikely at the moment.....|
|Inevitable but I too expect the share price to hold firm about the 8.75p mark or better. The IIs must see/know that the next 12 months should see good traction in terms of finalising development of Products with different Partners for exploitation of the various Markets.
If the share price drops down to about 8.75p in the near future I'm going to get some more... in for a Penny, in for quite a few £s|
|We have known about the need for this equity raise for over a year.
Top bad no open offer for existing holders especially as they had all the time in the world and somehow I do not see the price falling below the equity raise price|
|How many times is this now I've simply lost count..........|
|Good news on balance though, I reckon. A bit of a disappointment since it looked set to rise, but the money is needed. The rise could very well restart.|
|seen this before with another of my disaster shares Torotrak. Funding after funding after funding with promises of production and putting the company in a good position to negotiate etc etc etc
Coblers to them all|