Ceres Power Share Discussion Threads

[daicaprice] 09/12/2015 16:22

Good volume today another day like this tomorrow and we could be touching 10p.

DC

[daicaprice] 09/12/2015 12:31

Another 28.5k bought and bid and offer ticked up.

DC

[daicaprice] 09/12/2015 10:56

Wow, 125k bought in 5 mins as I posted and a nice tick up.

DC

[daicaprice] 09/12/2015 10:26

125k bought so far this week and it all helps.

DC

[daicaprice] 04/12/2015 14:07

A little bit more interest, all helps.

DC

[daicaprice] 04/12/2015 11:03

Quiet morning so far just a couple of small buys.

DC

[re1dy] 03/12/2015 12:50

Thanks for sharing Cerrito,

Paul

[daicaprice] 03/12/2015 12:40

Nice 200k buy at slightly over the offer gone through.

DC

[daicaprice] 03/12/2015 12:18

Thank you for your thoughts Cerrito, you managed to spike us up.

DC

[cerrito] 03/12/2015 12:15

Made it to the AGM.
This is the first AGM I have been to for a few years and the first with the new ownership/management team and I have to say they came across very well.
Given how the Institutions dominate the shareholder base rather surprised there were so many retail investors there. Caldwell and colleagues gave a good presentation but not many questions and we had a factory tour.
In some ways rather a repeat of CWR AGM’s years back ie a very good expose of the macro opportunity but lack of clarity as to when all this will turn into sales-a nd this was not really tackled in the q & a. The maths suggest that they will need to do another equity raise in early 2017 and so one starts to ask what will propel the share price up so that goes away at a decent price-although of course perfectly feasible at least in theorey that one of their prospective partners take a shareholding and they do have the advantage that 2 shareholders own between them 50% of the stock.
I got no insight into when we can think about getting cash flow breakeven-and for all I know they may have no clear view. They clearly thought that today’s RNS with the efficiency gains was really important-they cautioned about there being further advance as they were approaching the point of diminishing returns. Having completed the evaluation phase with the Korean Company KD Navien, they are hoping that in the next few months they will sign a JDA with them and if that were to happen that would provide a fillip. I did not get the sense that the JDA they have with the unnamed Japanese company will be upgraded to a licensing arrangement in the near future but have no idea as to whether feasible to think this may happen in a year’s time. This would be a fillip to the share price as would any decision the Japanese company takes as to be named.
Brief discussion on the V4 to be launched in the middle of next year. The impression I got was that it would not be all that much more advanced than the current V3 except that it would be far easier to manufacture ie hey will be able to use the new high speed print line..
We saw the manufacturing units which is running two shifts 5 days a week producing stuff for their own internal R & D and also to go to companies in the Far East. They were open as to where manufacturing will take place though did say that in the Japanese market people will prefer that manufacturing takes place at least in Japan and very preferably in the Far East.
Said the Japanese market the most sophisticated; the key is to have a small boiler given the size of the houses and they consider they have done this. CWR have a Japanese speaking man stationed in Tokyo.
As a shareholder in ITM interested that he pointed out what they said in the annual report-namely the advantage they have over hydrogen is that they do not require an infrastructure to be built. Of course CWR and ITM are tackling different markets-for now at least.
I have no idea how to logically value this company although my intuition is that with a marcap of approx. £50m this is attractively valued at sub 7p but do not ask me to substantiate this.

[daicaprice] 02/12/2015 14:53

Here we go they've started to tempt a few sellers under 7p, could still be a good afternoon and a good few weeks in my view.

DC

[daicaprice] 02/12/2015 14:29

With a bit of luck the bid is being held down to fill a bloody big buy order and we'll see some chunky delayed trades.

DC

[pierre oreilly] 02/12/2015 10:03

Good luck, and good luck to ceres.

But historically, uk governments try to stop uk engineering development and leadership, so cwr are up against the government too. They may say the opposite of course, but look at their actions. If ceres switched to making windmills they'd be drowning in grant cash.

[daicaprice] 02/12/2015 09:58

I bought in this morning on view that they must be getting close by now surely!!
Spread narrowing and a tick up not far away for a bit of encouragement anyway.

DC

[pierre oreilly] 02/12/2015 09:54

Yeah, very positive news. As always. Even more progress on the technical front. Been the same for the last 15 years. Always on the edge of great things and about to benefit from a multi-billion market. Expect even more positive news and substantial progress and on the edge of implementation in the nest rns too. and the next and the next.

They'd be better trying to licence their technology to the big players imv instead of trying to go up agaisnt them. I posted the same view when they decided to build their own assembly factory in one of the most expensive parts of the uk.

I hope they eventually succeed, but historically it sn't looking great, is it.

[daicaprice] 02/12/2015 08:15

Today's RNS

DC

[daicaprice] 02/12/2015 08:05

Very positive update in my view, surprised there hasn't been a spike on open.

DC

[daicaprice] 02/12/2015 07:26

RNS

DC

[pierre oreilly] 14/10/2015 17:32

It's sure going steady. To the point of posts being very similar to 3 years ago when british gas (or was it the gas board?) were on the point of bringing this to market and, iirc, had several out in people's homes for final testing. The concept seems to be engineeringly very difficult to implement.

Watching the videos, they obviously aren't a bunch of shysters. But that doesn't mean they have technology which works as implied and is transferable into products today. Indeed, if they could, as I think they stated, produce electricity from gas 20% cheaper than the grid generators, then the puzzle is why the tech isn't being snapped up by every man and his dog. Or even why they themselves don't set up as a grid generator on a massive scale and knock gas turbine owners into touch?

[smokey 1o3] 13/10/2015 17:57

The product is working and being brought to market by several large Distributors of CHP boilers in Korea, Japan, USA and UK. They can't talk about it because of these clients insisting on anonymity, not an unusual thing in such circumstances.
You either consider them a bunch of shysters or accept they have shareholders interests at heart. What is certain you ain't going to get many announcements here so not good for ramping if that is what you want. Steady as we go.

[smith99] 13/10/2015 16:37

Its all very well but when are they going to bring a working product to market. everything else is Jam Tomorrow but unfortunately you'll need a huge placing if your not quick enough

[smokey 1o3] 09/10/2015 14:59

Missed this earlier but I think significant. Gearing up for Ceres maybe?

YORKSHIRE NEWS / 14 JAN 2015
KD NAVIEN LAUNCHES UK OPERATION IN ROTHERHAM

A South Korean boiler manufacturer has chosen Rotherham as its UK headquarters ahead of plans to create up to 100 jobs by opening training centres and a research and development facility in the Sheffield City Region.

KD Navien, which is part of the £4.6bn-turnvover KD group, is taking its first step into launching throughout Europe by establishing itself in Rotherham.

KD Navien’s UK representative Graham Parkes said: "There is an ambitious plan for growth with the goal to recruit up to 100 employees and open training centres by 2017.

"In the UK we have two bases, the European HQ in London and the UK HQ in Sheffield City Region. The opportunity for growth is significant and we are confident we have the right products and support to take the UK by storm."

[smokey 1o3] 07/10/2015 10:35

However they did say the following so its only a question of what "near future" means.

"Looking ahead I expect to convert a number of our evaluation initiatives into significant development programmes and increase the number of partners we have in all stages of engagement. We continue to build relationships with a focus on securing the right strategic partners and I expect to announce further progress in our key relationships in the near future".

[cerrito] 07/10/2015 09:43

As a holder for me rather a disappointing lack of tangible news on commercialization.
Hope this year I will be able to make the AGM