Ceres Power Share Discussion Threads

[sueyou1] 05/12/2012 21:35

After it fell yesterday you prat!! Do you think nobody knows the previous days price movement, while you try and get mugs to buy a stock worth 1p for a stupid price of 3p? Shame on YOU!!

" Issue price for the Firm Placing and Placing and Open Offer of 1 pence per New Ordinary Share"

[tara7] 05/12/2012 16:35

Up 18% on the day.!!

Think of all those investors who you have put off buying.!!

Shame on you.

[sueyou1] 05/12/2012 16:30

Glad you have started signing your posts 'Born loser', as if we hadn't worked that out already LOL!!

[tara7] 05/12/2012 13:28

Up today I see.

Born loser.!!

[sueyou1] 05/12/2012 13:26

LOL!!

A bid? When nobody was interested in paying any more than 1p for the stock? Dream on!!

Govt aid? For a company that has a failed technology? Dream on!!

Product breakthrough? They claimed they had that 10 years ago and every year since, but the fact is they have not proven the technology can be converted into a commercially viable product. Again, dream on!!

The only thing that would make this stock worth 10x what it is worth today is if they can achieve what I have stated in post 5103, which nobody will know until 2016+, via further huge dilution and a heck of a lot of R&D. Again, dream on!!

[smokey 1o3] 04/12/2012 21:55

Sou You never go away!!

[tara7] 04/12/2012 20:18

But you told us like Tom did it would go bust and was worth less.!!

YOU BOTH GOT IT WRONG.

I bought into NTA market cap at the time £600k huge debts and so on.

HAD INVESTORS JUST LIKE YOU SPROUTING THE SAME.

It went to £1.40p or 70 times your money.

Here is 3 things that could lift the shares 10 fold

A bid.
Govt aid
Product breakthrough.

[sueyou1] 04/12/2012 19:54

tara7, wake up from your little dream world, buyer in the wings LOL!! What a load of cobblers you are STILL talking!!

Investors are putting cash in because they believe they might get a return on it in 4 years time, after CWR have proven that IT IS POSSIBLE to create a valid commercial product from the IP, something that CWR FAILED TO DO in over 10 years of R&D and may still fail to do in the future!!

If only you could understand what the new business plan REALLY means!!

1) CWR will make fuel cell stacks, they still need to get degradation down to a level which is good enough to put into a commercial product.

2) IF CWR can achieve '1' which will take a couple of years, then the product manufacturers will have to successfully create products that use the fuel cell stack. Because these manufacturers have their own budgets, staff costs and timelines, they will take another couple of years developing and PROVING the products in commercial trials.

1 + 2 = at least 2016-2017 before anyone can say CWR will be selling any volume of stacks worth an RNS, and that is ONLY if CWR and the manufacturers can both complete a PROVEN SALEABLE LONG LASTING PRODUCT!!

As Tom says, there will be another fund raising within a year, sooner in that year than later, but at the price the stock will be it will be another highly dilutive fund raising probably with a consolidation to follow as there will be a massive amount of stock in issue. That fund raising will likely only be enough for another year due to the low MCap at the fund raising, so CWR will need cash AGAIN in 2014, probably 2015 and 2016 as well but at less dilution if they have success with developing a stack that does not degrade in 3 months like the last one.

[sueyou1] 04/12/2012 17:38

1p soon, once all the new stock is issued AT 1p!

[cerrito] 03/12/2012 23:43

something in theEvening Standard saying that Peel Hunt has put out a hold at 3p

[randolph and mortimer] 30/11/2012 14:13

Silence Therapeutics is the clue here.

And, of course, the shares can trade at 6p quite easily because, in the stock market, the stock does not have to justify it.

[smokey 1o3] 30/11/2012 09:36

TYPo
Is the old management therefore staying on?

[typo56] 30/11/2012 08:31

No.

Seems to me it's a desperate attempt by management to stay on the gravy train!

[maxmarilli] 30/11/2012 08:11

typo56,any clue how much money in the bank,at present,pre placing?

[fludde] 30/11/2012 08:05

I see Sue, the great infester, is here too. Filtering really does work in her case ;o)

[typo56] 30/11/2012 07:57

Not ex-offer until this morning though. Record date only relevant to your broker back office.

Whilst punter A's broker may receive the entitlement notice for the 650,000 shares sold on 29 Nov, the entitlement will be claimed by the buyer of the shares.

[sueyou1] 30/11/2012 07:04

A lot of people have got it all wrong again and the one's in the know are telling porkies to make sure they get the best out of this fund raising.

Who am I referring to? Not the placees that's for sure! No, I am talking about those spouting ridiculous prices for a stock that has been declared by it's offer as only worth 1p!! How can these con-men and con-women make the most of the fund raising? EASY!!

Punter A owns 650,000 CWR. At the closing of the offer TODAY they have their entitlement to buy 49 Open Offer Shares for every 65 Existing Ordinary Shares they held at this date.

Punter A on 29 November sells her 650,000 CWR at 3p bagging £19,500

Punter A no longer holds a risky holding in CWR

Punter A, if the fund raising is voted in, can buy up to 490,000 CWR shares at 1p, a cost of just £4,900

Punter A is in pocket to the tune of £14,600 for the sake of cutting their holding from 650,000 shares to 490,000 shares

Now you can see why the stock is still being pumped when it's actually only worth 1p and will be worth a lot less before it gets to it's next fund raising in 6-9 months.

----------------------------------------------------

"Qualifying Shareholders" Shareholders whose Existing Ordinary Shares are on the register of members of the Company at the close of business on the Record Date with the exclusion of (subject to exceptions) persons with a registered address or located or resident in the Restricted Jurisdictions

"Record Date" close of business on 28 November 2012

[sueyou1] 30/11/2012 07:04

So CWR have finally announced their fund raising and again proven me right with my views that the 10p+ per share ramping on CWR BB's was never going to happen. As I correctly stated, CWR is only worth what anyone with the cash is willing to pay for the stock, which it transpires is ONE PENNY PER SHARE! (way below even my conservative estimate that they might get cash at 3p-4p)

They are 'hoping' for this "Proposed Firm Placing to raise £2,650,000 and Placing and Open Offer to raise £650,000 to raise a total of £3,300,000 (before expenses)". They might get the placing cash as it's easy for voters to say yes to the free money, but the extra £650k of existing investors cash, I doubt they will even get 1/3 of it.

"Issue price for the Firm Placing and Placing and Open Offer of 1 pence per New Ordinary Share"

Note "the Board is proposing to raise £3.30 million (before expenses) through the issue of 265,000,000 New Ordinary Shares through a Firm Placing and 65,000,000 New Ordinary Shares through a Placing and Open Offer"

Currently there are 86,215,662 shares in issue. After the fund raising, if it goes through:

265,000,000 + 65,000,000 + 86,215,662 = 416,215,662 x 1p per share = £4,162,156.62 MCap

Some people were claiming CWR was worth £10m+ with a much smaller placing at 10p a share LOL!!!!

Today the stock is well over valued at £2.56m MCAP. It will fall as the placing date gets closer because the current stock after dilution will only be worth 1p per share for £862,156.62 IN TOTAL vs the £2.56m it is currently priced at.

The new business plan changes very little, all it does is remove the big overheads of an overweight company and spilt future potential from mCHP with partner companies, greatly reducing potential future earnings from what longs were anticipating. What it certainly does not do is bring sales any closer than 2016, because CWR can make stacks but they still need to progress them to a commercially viable state, then the partners have to test them for extended periods to PROVE that the systems are commercially viable. The time-scale CWR had of 2016 won't be altered by the change of business plan.

"The Ceres development plan through to the next field trials in 2014 and the anticipated product launch in 2016, requires further testing and refinement of its core technology and validation of degradation and cycling on multiple stacks over extended periods of operation. "


The risk to investors of a failed second attempt to prove the technology can produce a VIABLE commercial product, is no less in the new plan than under the old plan.

The stock is still a SELL and AVOID IMVHO

[cerrito] 29/11/2012 23:41

I do not hold these having sold out 5/6 weeks ago having held for 5/6years.I am still interested in the company's evolution.
I need to say when read today's RNS, I too asked myself how this business plan fits in with the need for 2/3 years of more testing as highlighted in the previous post.

[pierre oreilly] 29/11/2012 23:34

While I don't think long term holders have been shafted, they have had most of their value taken away by the vulture capitalists. These are City people who won't let a large percentage profit in a day or two go up in smoke. If they can't sell some or all of their shares due to minimum holding periods, they can certainly use other financial instruments to lock in a profit and reduce or eliminate their exposure, which is why almost all small cap placings share price sinks down to the placing price before finding any other direction.

The reappearance of the pumpers and dumpers who try to influence and manipulate the share price (which contrary to what some believe is certainly possible in microcaps when in collaboration with 2 or 3 more P&Ders) is probably a really bad sign for cwr short term.