Ceramic Fuel Cells Share Discussion Threads

[ben nevis] 10/10/2013 16:42

This ?? Sounds good news...

[cool_hand] 10/10/2013 11:03

linky please?

[jonesey3] 10/10/2013 05:55

News out this morning watch for 7am.. Ideal Boilers !!!

[sueyou1] 09/10/2013 23:18

Why would they want to transfer the same low value stock from UK to AUS? Pointless IMVHO.

The large sells are just a big seller getting out before the next load of cash is raised.

[broshm] 08/10/2013 10:23

As asked many times , what are these large trades about ? is it a transfer to the Australia market ?

[sueyou1] 07/10/2013 19:44

All out of cash by 25 November. New cash either by placing or by loan extension has to be a cert in the next few weeks. Maybe the latest price drop is because CFU brokers are working a placing (or trying to that is!). 1.5p ahead?

[cool_hand] 07/10/2013 08:59

don't see how this can continue as going concern, there appears to be no real traction regarding sales and growth.

when are we due an update?

[broshm] 04/10/2013 18:29

Both internet sites are down for maintenance , at last view , the free installations stood at 366 with no change for a long time .
I got no reply to query on what were they doing on free install .
What if anything are they doing ?

[cool_hand] 26/9/2013 22:22

how much more dilution can this take?

should be put up for sale. I will take 5p and a stonking loss on the chin.

[sueyou1] 26/9/2013 21:07

Reminder, fund raising not far away now.

Burnt £3.7m in the June quarter is £284,615 burnt per week

1 April 2013 to 30 June 2013 is 13 weeks

£6,000,000 / £284,615 = 21 weeks

21 weeks from 1 July means cash WILL run out on Monday, November 25, 2013

So CFU, not wishing to leave it until the last minute, will raise cash in September or early October.

[andy] 24/9/2013 23:54

cool,

Investing on the AIM market is the equivalent of the bookies!

[broshm] 19/9/2013 18:18

cool.. thanks for the link , did you hear what the demise of B Dow was about ?
The new people dont seem to have got things exactly , humming .
The free installation thing has come to a dead halt , no change for a few weeks , I sent email to the co , asking waht they were doing to meet this new demand , no reply .
Sue , unfortunately , seems to get the situation in focus .
Wonder if anyone at Co HQ has a computer and ever tunes into things like this , or what the customer may want .
Whats with this , hxxp rather than http ?

[cool_hand] 17/9/2013 11:50

I see Brendan Dow managed to find new employment at CSF Robotics.

hxxp://au.linkedin.com/pub/brendan-dow/5/231/217

[sueyou1] 13/9/2013 21:06

broshm, you might very likely be surprised by the other one before XMas, you won't be by this one!

[broshm] 13/9/2013 17:44

214 now installed on the net , 366 wanting them , no reply to my request about what they are doing to meet the demand .Come on SALES (force ?? ) , where are you ?
Get your boots on .
The number of people wanting "free installations " has stalled for some time , this looks like a TOTAL lack of sales effort , same thing for another FC co. we know !!!

[cool_hand] 12/9/2013 14:07

crock of...

[sueyou1] 06/9/2013 21:14

visionon,

1) It's not £10m cash it's £6m cash and it won't last until 31st January
2) CFU don't have 2000 Blugens as an asset to base the MCap on, they only have a handful at any one time
3) Costs won't come down until they are selling in the 1000's
4) With the margin we know of they will need to be selling many thousands to cover the cash burn
5) No sign whatsoever of increasing sales towards 500 per year, let alone 1000's per year "48 units sold this quarter bringing the total for the year as a whole to 147"
6) Keep dreaming of a surge, I can't see it happening this year, otherwise CFU would have announced it by now just for the hype factor prior to inevitably raising more cash



----------------------------------------------------
Net operating cash outflow for the June quarter was AUD 1.1 (GBP 0.6m). This includes the receipt of AUD 5.2m (GBP 3.1m) in relation to a tax credit arising from the Company's Australian research and development activities undertaken in fiscal year 2012. If this amount was to be excluded then the net operating cash outflow for the quarter would have been AUD 6.2m (GBP 3.7m) which compares favourably to AUD 6.6m (GBP 4.0m) in the previous quarter

Net investing cash flows for the quarter were an outflow of AUD 0.2m (GBP 0.1m).

Net financing cash flows for the quarter were an inflow of AUD 6.9m (GBP 4.1m). In May 2013 the company received AUD 7.0m (GBP 4.6m), net of costs, in relation to the issue of ordinary shares and convertible loan notes as discussed above. A further AUD 0.3m (GBP 0.2m) will be received as part of this fund raising in the next quarter.

Cash on hand at 30 June 2013 was AUD 10.0m (GBP 6.0m).
----------------------------------------------------



Burnt £3.7m in the June quarter is £284,615 burnt per week

1 April 2013 to 30 June 2013 is 13 weeks

£6,000,000 / £284,615 = 21 weeks

21 weeks from 1 July means cash WILL run out on Monday, November 25, 2013

So CFU, not wishing to leave it until the last minute, will raise cash in September or early October.

[visionon] 06/9/2013 13:38

I have re-read the June results and listed to the BRR clip (thanks velvetredux).

Excuse time is seemingly over and Kennett seems conscious of that. My gut feeling is that the 31st October cashflow report (for Q3) will give some clues as to whether the phone calls and mailing are being converted in Germany (and housing assoc links in the UK). But i think the 31st January report will be the more telling one and a more logical time to raise funds if required i.e. a raise on strong take-up of product.

Meantime the £40m cap doesn't seem daft. Yes the 10m cash at 30.6.13 will go quickly but the market cap is only equivalent to about 2000 bluegens. In addition to Germany (which is clearly key here) if they can get traction with social housing in the UK with positive feedback from early adopters that could generate a fair number of sales, which would in turn help volume production savings. I see this as really important. If cost comes down to the point where it is almost a default option for housing associations (which admittedly maybe a while yet)then bulkier contracts should be possible.

I'm not giving up on this one yet. But I will be watching very carefully in late October. It would also be nice to see the Bluegen.net site ticking up nicely before then, albeit that the installation surge may not be evident till the year end.

[sueyou1] 05/9/2013 11:04

Well done CFU.

Now all they need to do is sell enough of them to cure the high cash burn, although they have been trying to do that for years and are still nowhere near it.

I am pushing my fund raising back from end of October to end of November as the cash burn was a little lower in the last quarter. Another £5m on the loan? Or will they go for £10m or even the £20m this time? They will need it, everyone knows they will, so why not get it in one go and have done with it?

[velvetredux] 05/9/2013 10:58

Ceramic Fuel Cells' BlueGEN wins GreenTec Award05 SEP 2013CFCL AwardCeramic Fuel Cells' BlueGEN technology has been awarded the GreenTec Award in the energy category at its award ceremony in Berlin on 30 August 2013.Bob Kennett, CEO of Ceramic Fuel Cells Limited, views the award as a confirmation that CFCL's R&D efforts were well spent. "Winning Europe's most reputable award in the greentech industry is a great honour and supports our engagement in advancing the fuel cell technology. We are proud to offer BlueGEN as a marketable and decentralised alternative to traditional electricity generation, and to be able to make a significant contribution to the Energiewende with civic participation."BlueGEN is a dishwasher-sized fuel-cell micro power plant powered by natural gas. It is an efficient source of electricity and heat, both from an economic and from an environmental perspective, for residential and small commercial buildings. The heat by-product can be used for warm-water supply.Owners can feed excess electricity into the grid to obtain subsidised compensation.Thanks to its advanced technology, BlueGEN can achieve an electrical efficiency of up to 60 per cent – more than any coal or gas-fired power plant. In addition, units generate low-emission electricity: users can save about 50 per cent of CO2 emissions compared to the German electricity mix. BlueGEN can generate low-emission power locally and reliably all year round. The device is the first commercially available micro combined heat and power plant for private households and smaller companies.The GreenTec Awards are considered the most important European awards in the greentech sector and are presented in eight categories including construction & living, energy and aviation. The award seeks to promote ecological and economic commitment and the use of environmental technologies.- See more at:http://www.fuelcelltoday.com/news-events/news-archive/2013/september/ceramic-fuel-cel

[broshm] 02/9/2013 17:25

Sheffield based INSP , competition from a Stirling engine , time will tell . Biggest riser today .

[morigam] 29/8/2013 13:48

has anyone come across this? provides a nice overview of their prelim results:

[sueyou1] 27/8/2013 22:51

Rise today on LSE is just arbitrage due to the ASX rise over the past two trading days, which had not fed through to the UK market until today. Maybe it's just getting pumped up in time for that next, certain fund raising over the next 2 months. Not a good time to buy IMVHO as the first thing you will get is dilution!!

[cool_hand] 27/8/2013 22:01

Why the rise today? News coming?