Ceres Power Share Discussion Threads

[pottermagic2310] 06/4/2017 22:14

PP is a direct competitor to ITM, less so to CWR

[oldscallop] 05/4/2017 13:52

Smokey, this has happened with another share I'm interested in. Hendersons recently sold an entire fund (UK and Irish Smaller Cos I believe) to Lombard Odier, including the transfer of the existing fund management team. The assets are being transferred across from Henderson to LO. If that is correct we should see another RNS for the LO holding in due course.

[smokey 1o3] 05/4/2017 10:54

Have Henderson completely baled out or just reduced their holding to less than 5% and so do not have to report. Suppose they could continue to offload though.
Rather strange that the share price is constantly brought back down as soon as any rise
seems to take hold?

[aircraftfixer] 04/4/2017 19:59

Scrutable, thank you for your detailed reply. I am liking the idea of Ceres and looking forward to a return ??

[pottermagic2310] 04/4/2017 10:58

Good point, it was a lot to offload in a short period of time AND clearly somebody gobbled them up... but no threshold crossed worthy of another RNS, so who knows?

[rosejs2] 04/4/2017 08:49

Is it a year end tidy up by Henderson? Importantly who has now acquired the Henderson holding?

[pottermagic2310] 04/4/2017 08:17

... and with all of that positivity we get hit with Henderson completely bailing out on CERES !!!

WTF !!

[smokey 1o3] 03/4/2017 17:29

Scrutable - Impeccable as always. The only thing I would add is that a trial of a CHP Boiler is underway at British Gas and Ceres staff are participating with units installed at their homes. Said to be producing 30% reduction in costs.

[scrutable] 03/4/2017 14:47

ac fixer

Welcome back.I have been a holder since 2013 and have turned up to three AGMs. Except for these, which are very open and friendly, the company seems reticent to the point of taciturn. The BOD just get on with implementing the master plan which changed three years ago when it was realised that the opportunity for fuel cell technology was too large to be realistically confident of achieving successful global production, hence their decision to find five international partners capable of applying CWR's IP and living off licence fees and possibly the supply of market seeding quantities and/or key components.

The CWR Steel Cell developed over ten years is currently unique,covered with patents, incredibly efficient electrically, more robust and and much cheaper than other fuel cells to mass produce

CWR have four partners already, one of whom is for the moment still anonymous who plans to launch and commercialise a fuel cell driven boiler during 2017.
Cummins in the USA, possibly the largest static power company in the world, and Honda have signed up for the static power application and Nissan for an automotive one. Several other potential licencees are in the pipeline.

Everyone reading this board knows all this. i have tried to summarise the position because you asked for someone to do just that. I hope it helps.

Most important of all is the personal opinion from my meetings with a a slowly increasing number of senior staff, that this company has a stable and cracking good management team which will ensure that it's IP will get the exposure and take up that it deserves, and I cannot say that of any other Uk based fuel cell developer

[aircraftfixer] 30/3/2017 11:52

Good morning all, I have been a long time holder of this share but fell away recently after getting excited about my HUR holding. Could anyone give me a brief update on the current situation and what we are expecting to happen in the next year? Cheers K

[pierre oreilly] 09/3/2017 07:22

Due to Gatwick, I'd say every level of labour is readily available in the area .... at a cost. I think they can forget about attracting labour from the north or elsewhere simply due to house prices. Why they decided on Horsham I'll never know, although the place itself has a lot going for it. We live close by and visit often for various reasons. The factory looks about a 10/15 Min walk from the train station, if Google maps is correct. If their FCs take off, I expect they'll produce in China won't they?

[netcurtains] 09/3/2017 06:45

Cerrito: Its currently relatively easy to get labour in Horsham because its just a stones throw from Gatwick airport (good rail and air links)... 20 minutes by car... As long as we still have free movement of people around the EU.

[cerrito] 08/3/2017 23:30

Thanks for that link kwizza and good to see his enthusiasm.
As you say Scrutable hardly one new fact but that is often the case in interims for companies in CWR's position; good to read about reduced cash burn and extra shifts- though I wonder how easy it is to get labour in Horsham.
What we are missing is any timeline for revenue generation- will probably have to wait till December AGM to get some insight into this.

[pierre oreilly] 08/3/2017 18:08

I joined you lot today. Trying to recover some of my loss last time i ventured into these - bought in 2010 @ 74p, sold 2012 @ 12p.

The story was the same then - on the point of commercialisation!

Only this time it looks like they really are.

I like the jv with an established general engine producer., the cash already raised, the expanding orderbook, the scale up of manufacturing. Very surprised it didn't rise much today.

[folderboy] 08/3/2017 14:43

Down? What on earth is that about? Oh yes - guess I should mention that I added earlier.

[kwizza] 08/3/2017 12:08

Ceres Power Holdings' boss talks through an "excellent six months"

www.proactiveinvestors.co.uk/companies/stocktube/7059/ceres-power-holdings-boss-talks-through-an-excellent-six-months--7059.html

[pottermagic2310] 08/3/2017 11:13

Brilliant


We're off... everything comes to he who waits... and how I have waited
;-)

[netcurtains] 08/3/2017 08:15

Summary:
===========
Two new development agreements signed in the period, bringing total to four including with Honda, Nissan, Cummins and a further global OEM

o First 'go-to-market' agreement signed with global OEM to develop and launch highly efficient combined heat and power ("CHP") product for business markets

-- Strong revenue and pipeline: Revenue and other operating income for first half year tripled to GBP1.5 million (FH1 2016: GBP0.5m). Aiming for full year to at least double. Order book of GBP4.8 million as at 31 December 2016 and 3 new evaluation agreements underway with potential future partners.

-- First significant US commercial success with global power leader Cummins & the US Department of Energy to develop an energy system for Data Centre and commercial scale applications

-- New market opportunities enabled by rapid progress in SteelCell(TM) technology. The improvements in efficiency, robustness and power density have opened up new high growth power markets in commercial/business sectors

-- Successful fundraise: GBP20m placing enables continued investment in business and technology

[netcurtains] 08/3/2017 08:03

looks good. Cheers

[scrutable] 08/3/2017 07:36

Hardly one new fact in the increasingly confident Interim financial results reported today except for tight lipped, impressive CEO, Phillip Caldwell's phrase

"In the near term, additional demand is being met by increasing manufacturing capacity in Horsham through the addition of a 3rd shift pattern along with bringing through improvements to key process steps. Beyond this, we are beginning to explore a number of options for further manufacturing scale-up.

The unique Ceres steel cell has gradually pulled ahead of all global fuel cell contenders in several markets extending from, originally,just dometic heating, to data centres and electric vehicles to replacing the properly maligned and NO poisoning, ubiquitous diesel engine as a stand alone power source of 60% electrical efficiency - way above the 41-45%max of diesel and 20-40% for petrol.

This is a simply vast difference, affecting heat engine markets everywhere, raising the energy yield by a third and points to a major new industry for the UK.

I see a future for Ceres not out of comparison with ARM, as a must have licence throughout all global energy systems in 10 years time.

This is now one hell of an opportunity to get in at the very bottom. The share price was once 400p, and after some dilution is now just under 10p during which time the IP quality and quantity has ballooned. The possibilities are now much more than 10-bagging. They are simply off the scale.

[kwizza] 27/2/2017 23:42

Fuel cells may be the future, but Ceres Power is quietly developing them in the UK now

15:42 27 Feb 2017

www.proactiveinvestors.co.uk/companies/news/173839/fuel-cells-may-be-the-future-but-ceres-power-is-quietly-developing-them-in-the-uk-now-173839.html

[capt bligh] 03/2/2017 12:13

Thanks to MinesJ on lse listen on twitter to @GilesArbor two interviews one with Phil another with sector analyst... good stuff.

[scrutable] 26/1/2017 15:24

jotoha

The steel cell, unique to Ceres, has incorporated four previous levels of development and is now rugged enough to stand the many cycles of stop-start needed,. It operates at a lower temperature than other SOFCs, prolonging the life of the active ceramic coatings used, and is designed for mass production. It is designed by an industrially minded management, not by boffins as at ITM and IEH, AFC etc, and will be very profitable to make and sell for car firms and boiler makers etc to buy and build into their products.