Share Name Share Symbol Market Type Share ISIN Share Description
Flowgroup Plc LSE:FLOW London Ordinary Share GB00B19H7076 Flowgroup Plc
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 5.25p 5.00p 5.50p 5.25p 4.875p 5.25p 1,419,039.00 15:28:27
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Electronic & Electrical Equipment 40.4 -17.1 -5.3 - 16.67

Flowgroup Plc Share Discussion Threads

Showing 4276 to 4296 of 4300 messages
Chat Pages: 172  171  170  169  168  167  166  165  164  163  162  161  Older
DateSubjectAuthorDiscuss
24/3/2017
14:33
What this needs is:- Confirmation of sale of FE Change of directorship Clear path being set out for - relocation of manufacturing to Europe - test data of boiler - signed agreements with European partners
jscowi
24/3/2017
11:35
RNS Number : 2611X Flowgroup plc 18 November 2014 Flowgroup plc (the "Company") Initiation of Flow boiler production Flowgroup plc (AIM: FLOW), which develops and commercialises alternative and efficient energy technology products, announces that it has initiated volume production of its electricity-generating Flow boiler, with the first boiler rolling off the line on 17 November 2014. The Flow boiler is being manufactured by Jabil Circuit Inc. ("Jabil"), one of the world's leading OEM manufacturing partners. In December 2013 Flowgroup entered into an exclusive Manufacturing Services Agreement with Jabil to manufacture microCHP Flow boilers. Jabil has now installed the first volume production line in their manufacturing facility in Livingston, Scotland and have commenced the mechanical build of the first production boilers. Volume production will now continue on a pre-arranged schedule throughout 2015. The Company has been running some small-scale tests of some of the marketing channels it intends to use, the outcomes of which have been encouraging. As a result, over 10,000 new customers have expressed interest in the boiler. This pre-existing pool of potential customers provides a good resource to target in a controlled manner up to and following launch. The full sales, marketing and PR launch is planned for mid-January 2015. Tony Stiff, Group CEO of Flowgroup, commented: "Initiating production is clearly the most significant achievement to date for the Group. 10 years of development culminates in this moment, where the first production model of the Flow boiler rolls off the production line that we expect to produce hundreds of thousands of Flow boilers over the coming years. We now move into our sales phase, with our full launch planned for mid-January 2015. The response to our test marketing campaigns has been very encouraging and has produced a strong pool of customers to whom to sell the first Flow boilers. I'd like to take this opportunity to thank every member of the Flowgroup team, our suppliers, partners, investors and customers for all their support that has brought us to this defining moment. I look forward with great anticipation to the success I believe 2015 and beyond will bring." ----------------------------------------------------------------------------------- To anyone new to this company the above RNS is from November 2014. Only two or three months from the so called launch that never was. ----------------------------------------------------------------------------------- Tony Stiff, Group CEO of Flowgroup, commented: "Initiating production is clearly the most significant achievement to date for the Group. 10 years of development culminates in this moment, where the first production model of the Flow boiler rolls off the production line that we expect to produce hundreds of thousands of Flow boilers over the coming years. ----------------------------------------------------------------------------------- HUNDREDS OF THOUSANDS OF BOILERS OVER THE COMING YEARS!!!! ----------------------------------------------------------------------------------- This is just one of many previous RNS statements that never really materialised. I would take whatever Stiff says with a pinch of salt.
1fox1
24/3/2017
11:28
Update re Jabil Flowgroup plc (AIM: FLOW), which provides a range of innovative energy technologies, energy supply and energy services, notes the announcement issued yesterday by its manufacturing partner, Jabil, concerning the future of manufacturing at the Jabil Livingston facility. Flowgroup holds a manufacturing service agreement with Jabil, which is a global agreement and not tied to any one specific manufacturing location. Whilst the Livingston facility is now anticipated to close at the end of 2017 the Company continues to work with Jabil under the agreement to optimise the production of its microCHP boiler, which is focused on a full entry into the European market. Flowgroup plc www.flowgroup.uk.com Closing the plant in Scotland fits the move to Europe. The successful tests by Engie also support this direction. My guess would be a new factory opened by Jabil on the continent, in due course.
entropy22
24/3/2017
10:06
The point is the company came out with an update only three days ago. No mention was made of Jabil closing the manufacturing plant in Livingston. This is pretty significant news don't you think? After all Jabil are responsible for manufacturing this so called game changing boiler. According to Stiff Flow are working closely with Jabil. Now if Jabil are going to move production of this boiler to mainland Europe would you not assume Stiff should have mentioned this at the time of the last RNS? By the way this game changing boiler was launched in February 2015 over two years ago. It's a pure smokescreen to blame VAT changes or the feed in tariff rules. The fact is the current VAT on this boiler (if you can actually buy one) is still only 5%. The company has had over two years to sell this boiler in the UK under those circumstances. Do yourself a favour and check out the RNS statements made by this company before the so called launch of the boiler and after. I believe there may be some short term gain in the share price assuming that there is a genuine buyer for the energy side of the business. Lets wait and see.
1fox1
24/3/2017
09:36
re the valuation/customer basis, even £100 x 270,000 (assuming they haven't lost too many) would be £27mln cash. Current market cap only £17mln, so 60% upside based on cash value alone is quite possible.
lazarus2010
24/3/2017
08:53
Good spot 1fox1
kooba
24/3/2017
08:18
It would fit with them moving production to Europe would it not?
entropy22
23/3/2017
19:08
Here is a section of the RNS released on the 8/02/2017 MicroCHP and strategic review update The next step in achieving this is for a series of microCHP boiler pilots to be rolled out in France, Germany, Italy and Belgium, where we are working with our identified partners. Our strategy for the potential of microCHP regarding market acceptance, price and performance will continue to evolve and be evaluated in these regions and, if these pilots progress as planned, volume sales would be possible during 2018. We continue to work very closely with Jabil and their manufacturing team at Livingston, especially on the European opportunities. Over 1,000 working boilers have been manufactured so far and these will be deployed in Flow microCHP pilots in Europe and will also be used in a limited way in the UK. ----------------------------------------------------------------------------------- Note the bit where it states: We continue to work very closely with Jabil and their manufacturing team at Livingston This news has just been announced on the BBC website today HTTP://www.bbc.co.uk/news/uk-scotland-scotland-business-39365115 Knowing what I know now about this companies previous RNS statements I have learnt to read them really closely. Now you would have thought if Stiff and co were working that closely with Jabil news like this would have been brought to their attention. So if Jabil are packing it in at Livingston where does that leave the "game changing boiler" Where does it leave Flowgroup with the costs of the boiler so far? They stated in the same earlier RNS that there would be significant costs to be incurred should the Company wish to exit the business at this time. So where does it leave Flowgroup if Jabil go ahead and close the plant? Like I say read everything very carefully. Even the last RNS came with a little caveat Whilst there can be no guarantee that the sale of Flow Energy Limited will complete with this party, or that the sale of Flow Energy Limited will complete at all, the Company expects to make a further announcement in the coming weeks. Hmmmmmmmm We'll see but good luck all PS: jscowi I had a quick look at the lse flow chat board. Wow some of those fella's make me look like Stiff's biggest fan ha ha ha
1fox1
22/3/2017
17:25
An exclusivity clause would come at a cost to the purchaser one would hope. Fingers crossed and everything else for that matter.
entropy22
22/3/2017
16:23
Thanks for your thoughts kooba, a change at the top is a must if Flow are to win back some support of the PI. For sure what ever they do it is the last throw of the dice imo hence very high risk/reward.
jscowi
22/3/2017
13:51
Obviously just an opinion but I think the idea of £200-£250 per connection would be a very aggressive price in the current market and current circumstance....hope I am being conservative.I think a price of £50m plus would not be unachievable if the market settles and you had time on your side...unfortunately Flow does not have time on its side and has probably exhausted goodwill to raise more money as it stands to try to grow the two businesses.TS is more of an energy supply man than green boilers but rather than shutting down the boiler and running the energy businesses they are going for energy sale and push on with the Flow-boiler...can only presume based on potential upside and knowledge of the ongoing trials.If they do gain some traction with the flow boiler in the international market then it could be a very exciting licence model...with volume might even get the production costs down enough to re-enter UK!
kooba
22/3/2017
13:08
Kooba, do you see 25 to 30 million as a the top achievable price?
entropy22
22/3/2017
11:08
Buy - BULLISH HARAMI https://www.britishbulls.com/SignalPage.aspx?lang=en&Ticker=FLOW.L
noirua
22/3/2017
11:02
Well if ...if! They sell energy for say £25-£30 m they should have a clear balance sheet with slightly over that sum as cash.Which would equate to about 10p per share.The burn on the micro CHp ...Flowboiler...had been up to £10m per year as they rocketed up for UK launch....now that the aim would be for licensing deals in Europe where the green incentives are more robust then one should expect the burn to come well down...so they should have 4-5 years finance in place.They are obviously some way down the road with Europes largest utility with other partners ongoing so it's not a standing start.I think the product is strong and there is a vast market....but I would like a change at the top to take this forward...different skill set required and it appears few shareholders will take much on trust from TS going forward!
kooba
22/3/2017
10:46
After all that has gone on do you trust Flow to launch into Europe Kooba? I think Mr market does not. BUT if they can then these will fly. Bloody risky this one after the energy is sold off.
jscowi
22/3/2017
10:45
I don't know what happened today. Yesterday was up by 35? and today is down by 11?, still yet not moving. Anyone please give me update on that
saju124
22/3/2017
10:16
Customer service still rated highlyhttps://www.energylivenews.com/2017/03/22/new-tool-rates-energy-suppliers-customer-service/
kooba
22/3/2017
09:07
Now back under 5p Probably due to all the other previous statements Stiff and co made that didn't materialise.
1fox1
22/3/2017
08:39
Market has faltered as there is no clue as to the price the best bidder chosen is going to pay or the method of payment - these could be strung out depending on performance. Difficult to workout what value to put on the shares but maybe a pullback to under 5p gives an opportunity. There are other bidders on the sidelines if this one fails to workout: So position looks quite strong.
noirua
21/3/2017
15:42
1fox1 - yeap have to cut your losses at some point and move on. Flow had great potential but have never ever achieved anything with excuse after excuse meanwhile directors being paid way to much typical AIM. The theft of money from the placing for the combi development was a cracker. The hatred of the company by some posters over on LSE is something different, glad you can take it on the chin & hopefully recoupe some losses with the sale of the energy side, at least Stiff & co have done something right along the lines if nothing to do with the game changing boiler!
jscowi
21/3/2017
12:50
ps if you don't know about the ECO RF boiler design, check it out. The heat exchanger has copper tubing cast directly into it. This means zero corrosion of the HE and hence zero possibility of failure due to corrosion. "There are only 12 parts used in the design of the Flow Eco RF. Only four of these move. That means there are less things to go wrong. Each of those 12 components is also of the highest possible quality. Take the heat exchanger. It has never had a mechanical failure in over 20 years and 1.6m installs. That’s a lot of happy customers with complete peace of mind. No other boiler delivers this level of reliability."
lazarus2010
Chat Pages: 172  171  170  169  168  167  166  165  164  163  162  161  Older
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