Flowgroup Plc Share Discussion Threads

[philjeans] 10/2/2017 09:12

BUY for me - up to 10p today

[kooba] 10/2/2017 09:11

Guess we will see if they sell it...not long now hopefully.

[kooba] 10/2/2017 07:40

And if they did achieve £40m (doubt tax liability as company carrying large retained losses) with the net £5m in the balance sheet ...£45m ...now shares in issue 317m so cash per share?14p.DYOR.

[little beaker] 09/2/2017 23:28

Where are you getting the £40m plus price from? I assume you've just pulled it out of your ass.

[kooba] 09/2/2017 13:45

a very decent price say £40m plus ...then he probably would have warns his keep as without the business being built Flow would have folded already imho.I still believe a well financed company focusing on the now technologically derisked Flow boiler can achieve commercial success in the global gas boiler market and as trials with partners are already some way down the line and actual boilers are in operation and have been for a while hopefully the route to revenue in Europe is not too far out.If they sell energy and have a fully funded run at securing a licensing deal in Europe the risk reward is highly attractive.imho.Need to sell energy first ..and my take is that that discussion is advanced.

[kooba] 09/2/2017 13:00

Well we can agree on that!The first line of investor protection is the Nomad....and they're paid by the board....so any independent dd or just take the fees??On this one I can't disagree about director renumeration..far too high..unless he sells the energy business for

[1fox1] 09/2/2017 12:18

Original launch for the boiler I think was February 2015. That was the time to sell imo. Funnily enough from the day of the launch the share price has been on an almost continual descent. The company imo kept quiet about what I believe was a number of technical issues with the boiler. I think Stiff a few months later only referred to it to has a soft launch. The re-launch then took place around a year later. I am perfectly entitled to change my view of both Stiff and the boiler. I did very well out of the shares a couple of years ago. The mistake I made was reinvesting. Never mind it's no big deal. If I spot an opportunity to find a share that I think may recover my losses in flow I'll sell and swap into that. In the meantime I'll stick with this. If I have learnt anything over the years it's to avoid anything listed on AIM. Iv'e no doubt there may be a few decent companies listed on there but the pitfalls of investing in these companies is enormous.

[grandwood] 09/2/2017 11:31

If they've got the stock lying around they may as well get it into UK homes whilst the going is good....any installs before 1 april will not count towards the new cap and possibly (?) not be effected by the new degression which gives certainty on the FiT payments for 10 years.

If they do start to ramp up UK installs on the back of this, the numbers here should start moving again.....

[supernumerary] 09/2/2017 10:13

'The Company continues to believe that the increase in manufacturing costs of the Flow microCHP, caused by the recent fall in the value of Sterling against the Euro and the US Dollar, makes the microCHP model uneconomic in the UK market in the near term. However, continuation of the microCHP FiT at the above rates and volumes, and its applicability to the Flow microCHP Boiler, does give the Group the opportunity to potentially deploy more of its manufactured microCHP stock into the UK market. '

This appears to say that they'll continue selling into the UK market, although every unit will be at a loss despite the FiT? And by the sound of it, even in Europe it's everywhere dependent on the level of FiT? It's hard to think of a less attractive business model...

[grandwood] 09/2/2017 09:58

As I guessed in post 789, the second RNS today confirms that Flow didn't have a scooby about the governments response to the FIT consultation released yesterday. One half of their excuse for exiting the UK market disappeared before the ink was dry on their first RNS! Laughable really. Maybe they only found out about it by reading this board!

[courant] 09/2/2017 09:23

Best bit of advice I got a few years ago, and I've heard it in different places expressed in similar ways, was that if one of your holdings takes a bath, say -30%, doing nothing is not an option. You need to either buy more or, if that doesn't sit right with you, then that is a clear sell signal. Forcing yourself to re-engage with the buy case is great discipline; while crystallising losses is painful, this way round you'll win more often than you lose.

[diku] 09/2/2017 08:01

Emotional thingy...

[little beaker] 09/2/2017 07:55

Many investors dont sell when they are making a huge loss on a company - they dont want to crystallise the loss.

It's daft not to sell, but that's the reason why.

[kooba] 09/2/2017 05:05

Didn't realise if you start a thread you have to hold forever....TBH if I had zero confidence in a company I wouldn't keep them ...but thanks for your contribution ...invaluable.

[little beaker] 08/2/2017 22:06

Um 1fox1 started this thread... why wouldn't he be a holder?

Durrrrr Durrrr Durrrrr Durrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr, time to take your meds kooba durrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr

[diku] 08/2/2017 21:46

Buying here is like supporting insiders lifestyles!...

[kooba] 08/2/2017 18:57

By the way that company information was from update a few months ago...try and keep up.

[kooba] 08/2/2017 18:56

I suggest you sell then...Though I doubt very much you are a holder ...why would you be ...you hate the CEO you don't believe the technology and it appears you think they will blow any money left and go bust.What's the story?

[pugugly] 08/2/2017 18:44

Customer lists can melt like snow in a heatwave - imo all the above "claimed" valuations are greatly excessive though might be paid by a marketing manager trying to increase his number of outlets unless his FD caught him in time - Churn is the killer.

[kooba] 08/2/2017 18:14

Not sure how quickly you think multi national giant French utilities operate!Who would pilot tests be with?Think they are interested in adopting for 100,000's units not a small order...however this would obviously involve extensive testing...the first phase was a great success it would appear.Don't think so small.

[kooba] 08/2/2017 18:11

As announced previously, a large European utility has been testing our Flow microCHP boiler. The first phase of these tests is now complete and we are pleased to be in a positon to be able to announce that the company we have been working with is Gaz réseau distribution France (GRDF), the French gas distributor and a branch of ENGIE, which employs 154,950 people worldwide, achieved revenues of EUR69.9 billion in 2015, and which provides individuals, cities and businesses with efficient and innovative solutions to take on the challenges of energy's transition to a low-carbon economy.We are delighted with the findings from GRDF's testing of the performance of our technology. GRDF checked the performance of our microCHP boiler as specified and analysed the technology to confirm that it was relevant for the French market. For both these objectives, our technology met GRDF's criteria. GRDF also noted that we had a clear advantage on performance against competing technologies when measured in time from switch-on to generation of electricity, thereby giving an advantage in the heating market where heating systems cycle throughout daily operation.Additionally, a recent report by GRDF stated that some 80 per cent of people surveyed across France are attracted by the idea of microCHP. We believe that the European combination of financial support and consumer demand could lead to significant adoption of microCHP technology in Europe, as suggested by the previously quoted Cogeneration Observatory and Dissemination Europe (CODE) report in 2014 which indicated microCHP could take one third of the European boiler market by 2030, a market with an installed base of over 100 million.