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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Energetix | EGX | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 13.75 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 13.75 | 13.75 |
| Top Posts |
|---|
Posted at 28/6/2013 08:53 by david77 My boiler (with hot-water cylinder) packed up a year ago and I had a combi boiler installed. Unfortunately, because the boiler is on the north wall and the kitchen sink is on the south side, there is 50ft of pipe between the two, so we wasted 6 pints of cold before we got hot. I have since fitted a header tank and hot-water cylinder near the centre of the building to reduce the wasted water.I would be happy with an EGX boiler, but I too am surprised to hear that it is a heat-only boiler. |
Posted at 27/6/2013 22:13 by cyberbub Yes same here... I have to say that I was a little concerned to discover that.I had always understood that the Flow boiler WAS a type of combi boiler. ie. turn your hot tap on... gas fires up in your boiler... instead of just heating your water it also generates a modest amount of electricity as well. If that's not the case then I have clearly misunderstood how the tech works. More to the point, virtually all new houses have combis, meanwhile the industry and government subsidies have been promoting combis for years for replacement of older boilers. If the EGX tech will only work with older 'cistern'/hot water tank type boilers, does that not significantly reduce the market? NAI |
Posted at 24/6/2013 22:43 by cyberbub I have found some articles suggesting that the 'big boys' make about £100 p.a. in gross profit from each dual fuel customer.So my estimates for gross profit from post 508 could be doubled... Obviously difficult to know if the £100 figure applies to EGX, are they able to still make a profit despite being the winners of the price comparison websites, due to their lower overheads? Or are they in fact just covering their costs, and signing people up to be a massive marketing database for the boilers?... |
Posted at 07/5/2013 19:08 by david77 Both Aviva and Henderson have been supporting EGX. |
Posted at 07/5/2013 13:35 by sbs Bought a few today. mCHP is a tricky technology to get right, but EGX are getting quite close now. I would have no trouble using the electricity generated.An institution or two not happy though! |
Posted at 07/5/2013 10:51 by david77 I had Ceres Power shares several years ago. They offered a shareholder presentation at Crawley. I expected to see a complete boiler but they were just testing their fuel cell modules. They were a long way off production and I sold around the price I had paid - about £3/share. Those shares are now 9.5/9.75p after massive dilution.I was attracted to EGX as their boiler seemed to use fairly low technology to get the electricity from otherwise wasted heat. The board had said that development was complete, but this latest "The Board has decided to conduct extended testing of the boiler in its production version prior to launching in commercial volume to ensure a high level of reliability" implies that they don't have much confidence in the design. Many years ago, I was an electronic design engineer and the scariest times were when the Technical Director said "That looks ok, we'll make 100". That's what I would be doing here - making batches of 100 and accepting having to offer prompt help where customers experience problems. They should soon build up a sizeable user base and would then be able to incorporate design mods as required. It may well be worth including extra monitoring equipment with the early machines so that customers would be able to provide useful feedback. |
Posted at 01/5/2013 11:17 by quidzinn The market appears to have little confidence in the future of EGX .. |
Posted at 01/5/2013 09:29 by david77 We meet again NewKid - I would be adding EGX now if I had any cash. |
Posted at 04/2/2013 12:16 by rolo7 now centrica pulled out of nuclear power station in the uk!? How are we going to keep the lights on 5/10/15years from now, hoping egx may have a part to play in that during peak hours. |
Posted at 24/11/2012 18:56 by cyberbub The slightly worrying thing is that OFGEM are indicating that they will only provide the feed-in subsidies for the first 30,000 micro-CHP installations? At least that's how I interpret this link? Or is that 30,000 per year ? Even at 30,000 per year, how does that tie in with the company's stated aim to sell 200,000 per year in the MIDAS article?I'm sorely tempted to take some EGX, I think the technology works and the board are very very strong, but I do worry that Govt regulation/subsidies can't be trusted to remain constant for the long term, look what they did to the solar feed-in tariffs last year? |
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