Ceres Power Share Discussion Threads

[quidnunc] 04/3/2016 11:46

I bought!
Q.

[angus17] 25/2/2016 13:49

indeed. I will be buying on further weakness. potential is huge.

[ch1ck] 25/2/2016 12:58

I dont see this as a bad report, it is what i expected from a company in its pre production phase. You are right another round of money raising will not be well received without a big announcement.This is a risky stock but the potential is massive thats why I'm here

[re1dy] 25/2/2016 11:06

I knew it. The RNSNONs at the start of Feb and the steep fall made me wonder whether some fundraising activity had started. I fully expected to hear the terms of a fundraise with this announcement. The fact that there isn't is disconcerting.

[angus17] 25/2/2016 10:33

Don't think they will pull another fund raising off unless they also announce with it a major production contract. Could be interesting.

[smokey 1o3] 25/2/2016 10:26

Oh dear here we go again !!!

Interim Report

"The Company ends the period with £12.8m in cash and cash equivalents and short-term investments (2014: £22.7m) and we have a good expectation of raising further funding before the end of 2016, which is required in order to continue our activities and to fund the growing opportunity we see in the higher power markets, and supplements income from customers and government grants".

[sallad3] 24/2/2016 09:03

cerrito

interims are out this friday

[cerrito] 23/2/2016 23:42

Thanks for that link sallad3
Be interesting to read the interims which we will get by the end of March

[sallad3] 23/2/2016 20:17

Ch1ck

I too believe in the tech and dabbled a few years ago, did alright and fortunately got out before the slow downturn, and have been buying back in over the last few weeks at current prices. When you research the tech this might be a bit of a no-brainer. Imps doesn't spin out rubbish.... I know we did a JV with them 25 years ago.

Anyway with the UK Gov now pumping it....

www.gov.uk/government/case-studies/ceres-power-fuel-cell-business-makes-manufacturing-breakthrough

[ch1ck] 23/2/2016 08:38

I doubled up today and I dont mean laughing! This looks like a solid entry point and the shares are off most peoples radar which is nice but a little risky but i believe in the product.I met with the company a few years ago and was highly impressed.

[fredd] 23/2/2016 07:15

This sounds very positive:

RNS Number : 8140P

Ceres Power Holdings plc

23 February 2016

23 February 2016

Ceres Power Holdings Plc

("Ceres Power", "Ceres" or "the Company")

CERES POWER SCALES UP PRODUCTION CAPABILITY WITH INNOVATE UK FUNDING

Ceres Power Holdings plc (AIM:CWR) is pleased to announce the completion of a manufacturing scale up project that enables high volume production capability, a key step towards mass market commercialisation of its unique fuel cell technology in response to growing market opportunities.

The new high-speed print line at Ceres' manufacturing facility in Horsham has reduced ceramic on steel print-cycle time from 30 seconds to just 3 seconds, representing a 10 fold increase in processing speed, demonstrating that Ceres' processes are consistent with low cost, high volume manufacturing and corroborating the Steel Cell as a disruptive low cost fuel cell technology.

This project has been successfully delivered by Ceres in partnership with ASM Alternative Energy (ASM AE), the global provider of screen printing equipment and part-funded by GBP0.7m from Innovate UK's Advanced Manufacturing Supply Chain Initiative. By using standard processes developed for the solar industry and conventional materials such as steel, this project has been key to demonstrate that the Steel Cell can be mass-produced at an affordable price.

The innovative print line is the first of its kind and has been created by combining ASM AE's existing high-speed photovoltaic manufacturing processes and Eclipse printing solutions with Ceres' own existing manufacturing capabilities.

Ceres sees growing opportunities for its fuel cell technology across a range of mass-market power applications and is working with leading power systems companies worldwide, including Honda as announced in January 2016, as it delivers against its strategy of establishing the Steel Cell as the platform of choice for future power products.

James Falla, Chief Operating Officer, Ceres Power, commented:

"This scale up project represents an important step change in cost that fuel cells need to bring about widespread adoption. With the help of Innovate UK funding and ASM Alternative Energy we are now showing that our Steel Cell can be mass manufactured economically using highly scalable processes, allowing us to provide customers with a low cost fuel cell solution."

Brian Lau, VP of Business Development, ASM Alternative Energy, commented:

"ASM Alternative Energy is constantly pushing the envelope; not only on sheer print speed, but on throughput to ensure fast, high-volume, high-yield processing. The partnership with Ceres Power is a very important step forward for lowering the cost of fuel cell technology and highlights the capability of ASM AE's Eclipse cell printing platform as a central component to enabling affordable alternative energy solutions. We are honoured to work with Ceres Power on this significant milestone."

To find out more watch Innovate UK's film about Ceres Power's manufacturing scale up at:

[ch1ck] 02/2/2016 09:31

Great news out today and the markets love it. Share look strong and should quickly build on these initial moves, expect people to buy on dips.

[angus17] 02/2/2016 09:28

market cap £52m. Clearly the market thinks this company is going to produce the goods and todays rns helps justify this big market cap.

what could this be worth when we finally start mass production? £500m? who knows but potentially the sky's the limit.

[cerrito] 02/2/2016 09:23

A useful announcement today but it would have been good to know at least in which continent the OEM is and after reading the last annual report I cannot figure how many such agreements they currently have.

[angus17] 20/1/2016 13:37

Bit rough todays mark down.

[angus17] 20/1/2016 13:37

Bit rough todays mark down.

[re1dy] 20/1/2016 00:32

Just listened to the interview and I agree - very positive, especially equating the efficiency to that of a 'state of the art combined cycle gas turbine', I had assumed an open cycle turbine as comparator.
Talk of more deals is reassuring also however there was no mention of those deals resulting in significant revenue in the timeframe and that could put us uncomfortably close to 2017.

[cerrito] 19/1/2016 23:39

You are right re1dy that such financial PR activity is often a precursor to an equity raise but they have enough cash to keep going into 2017.
It is possible that Honda is encouraging them to raise funds but I imagine CWR want to wait till there is more news-ie from Korean partners and perhaps from the third party mentioned in Monday's RNS

[ch1ck] 19/1/2016 22:57

SweynI would imagine that their working relationship was working well and the product is the best on the market. This is set to soar when more news is released.

[sweyn] 19/1/2016 12:25

I can't see why Honda would partner up with a company that needed a placing to keep going.....

[re1dy] 19/1/2016 10:45

A big drop on no news followed by a positive RNS and a pickup in PR has been a harbinger for a placing for other shares I have owned. I wonder if the same is on the cards here?

[sweyn] 19/1/2016 08:54

I wonder who the unnamed new partner is?
Sounds like another Japanese firm from the video. This could be very interesting.

Also very interesting saying that they have now achieved efficiency levels equal to a gas turbine. That is a really big deal in all sorts of applications.

[ch1ck] 18/1/2016 23:40

Smokey this has nothing to do with the price of chips.I'm back in after pulling out last year, it now looks like this company has potential, with further deals and announcements to come later this year.We could easily see this 4 or five times from the recent lows. The brave could make a lot of money.

[smokey 1o3] 18/1/2016 21:39

Any thoughts about the effect of the fall in the price of steel on the costs of production?