Ceramic Fuel Cells Share Discussion Threads

[waterloo01] 28/11/2013 11:18

Also took a punt this AM so am a holder again (although not a large punt as that is what it still is) but a much better one at 2.5p than when I sold out at 10p. I think the removal of immediate financing helps a great deal. Time will tell...

[dolores123] 28/11/2013 11:06

Lot of comment from non holders!

I took a £5000 punt this morning. Today's order could just be the beginning of something substantial.

[waterloo01] 28/11/2013 10:43

I've thought for sometime that the way this company will make proper money is to outlicense the fuel stacks for other uses. The cells themselves have proven to be first rate in terms of efficiency and if the tech can be applied elsewhere (something AKA Bloombox idea or something low priced/high volume) then that is where they would win. License on the IP and manufacture of the cells.

Not sure under Brendenthat they ever properly explored this?

[sueyou1] 28/11/2013 10:38

Hectorp, me too. The day they see an order that could 'in theory, get them to break even, then I might think about it as a quick trading punt. CFU needs 5000 or more a year every year, which is a hefty €100,000,000 worth, where they are going to find buyers for that many in any one year in the next 5 years I have no idea, let alone 5000 every year.

[cool_hand] 28/11/2013 10:04

The market didn't see this coming.

The question is how many more large sales contracts might they have up their sleeves?

[daytraders] 28/11/2013 09:53

Yeh, they need a order like this every month or more just to break even imo, dyor, im still staying out, good order thou.

[hectorp] 28/11/2013 09:18

Can they get 5000 or more new orders next year? Who knows, probably not.
I'm staying out.

[gerryjames] 28/11/2013 08:50

And an open offer, you have to hold it to take advantage of the discount and avoid dilution. The last one at this level, funny enough about 5 years ago was oversubscribed and went to 15p. I'm not making a comparison but the reason was seeing the potential evidenced by to-day. They've done the hard work, is it time to buy CFU?

[waterloo01] 28/11/2013 08:15

Very good news for CFU, finally a large order. Will certainly ease the cash needed in the short term. Issues certainly remain but this is a very positive step. I read the post last night 'come on CEY we need a 1000' and had a laugh. Yeh right, normally an order is for 20-50 units, so was very surprised (positively) to see a 1000 order.

[sueyou1] 28/11/2013 07:53

Well done CFU in actually getting an order that unlike prior orders it cannot be zero units in the end!

Don't get over excited by this, because the profit will be maybe £1m per annum of the £12m per annum that CFU is burning, so they will need another 11 orders of the same size to overcome the huge cash burn that hss been draining investors bank accounts for years. Plus they have £5m of debt to clear.

[spike_1] 28/11/2013 07:45

Well done CFU, a real glimmer of hope at last - good luck - Mike (not a holder).

[jammytass] 28/11/2013 07:26

29 palm is it not sale or return



SI will be responsible for arranging the distribution and servicing of CFU's BlueGEN product across its distribution region. Under the agreement SI will purchase from CFU, on a take-or-pay basis,

[awise355] 28/11/2013 07:24

He must be lol,Or he read it in the ASX market first and then typed the note...

[29palms] 27/11/2013 23:27

CFU sells 1000 BlueGen units to Baltic distributor

[encarter] 27/11/2013 23:26

Are you psychic?

[broshm] 27/11/2013 18:58

Some news is overdue , lets have something positive , like an order for 1000's
that is what we need to keep in business !!
Management : what are you doing , are you on holiday ? spending all my losses ?

[cool_hand] 21/11/2013 17:35

maybe time to just dump what little I have left here, has been holding out on nothing more than the hope that things would start to turnaround.

an absolute disgrace of a business model which has kept directors rewarded handsomely whilst ruining many.

I do however think once funding is realized this could have a small rally - but where the share price ends up, is it really worth the risk to reward?

[sueyou1] 21/11/2013 13:14

Oh dear, looks like it's heading further down, can't say I didn't warn the holders it was most likely to happen.

So CFU burnt just under £12m in a year. They have £5m of debt. They need to raise more cash to keep the business afloat. At the AGM there were significant votes against the re-election of all directors, so I take it that holders are finally waking up to the top heavy CFU with many directors on substantial salaries that are not in line with the state of the company. Was it £2m on directors salaries of £12m burnt? Crazy!

See votes against:


So how much will CFU raise this time? £12m is enough for a year, but what progress do holders expect to see in that year? Another 150 - 200 BG's sold? Maybe 300? 400? 500? Considering CFU need to sell a couple of thousand to reach break-even I can't see that happening for at least 2 years, so even with £12m raised now at 1p-1.5p they will still need another £12m to get through the following year.

1,601.29m shares in issue. Raise £12m at 1.5p is 800m shares or 50% dilution.

More dilution the following year at whatever price they are at the time.

I will continue watching this one from the sideline!!

[broshm] 20/11/2013 21:18

It would be good to see some very large cash input from directors . Afterall they have had some good income here unlike the losses of us PIs .

[4pens] 20/11/2013 09:57

SUMMARY
To summarise, there continue to be enormous global opportunities for clean energy products. We are confident that our technology allows the company to be in an excellent position to profit from these opportunities with our BlueGen and integrated products.
This financial year we are confident that orders will grow steadily as we increase market awareness of our product and our sales teams secure increased success in our selected European markets. We are continuing to concentrate on fulfilling distributor orders and working together with them through the installation and operating phases.
As you will be aware, we have experienced a turbulent few years and like other comparatively small, developing high tech. companies we have been through some difficult times.
However I believe that we now have a very strong base to support our future strategic plans. We have a very committed and hard working team, spanning a comprehensive range of skills and expertise, which we believe represents the best in the world in our sphere of technology.
I am convinced that with the continued support of our shareholders, we will succeed in developing CFCL in to a highly successful company with the potential to achieve substantial growth on a global basis.
On Behalf of the CFCL Board I would like to thank you for your continued support of the Company and I looks forward to reporting to you on further significant progress during the coming year.
Alasdair Locke
Chairman

[cool_hand] 20/11/2013 09:49

well there you go, further fund raising.

still nowhere near making a profit, but confident they will. whatever.

with so much dilution no one has a chance of breaking even here with out throwing more cash at this shambles.

[cool_hand] 19/11/2013 08:07

something stinks about this share.

over a million shares bought on the 13th and the price barely moved, since which the price has been marked down on low volume.

market pricing in new funding at 2p or less.

[daytraders] 14/11/2013 12:19

Yeh every time they do this, little bit of so so news, then funding, then price may drop, imo

[cool_hand] 14/11/2013 11:57

will they go for new funding off the back of this?

what an investment.