Ceres Power Share Discussion Threads

[zeppo] 12/7/2018 20:12

Ben Chod

I am looking forward to a positive update on 20th July.

z

[ben chod] 12/7/2018 17:33

lookslike you have itall figured out

[zeppo] 12/7/2018 15:20

Pressure mounting today.

Positive statement on 20th will see the share soar.

Failure to announce an imminent deal may have the opposite effect.

You can't keep asking for investment funds and diluting the shares without something concrete being offered.

Jam tomorrow is of little value. You may never get to eat it.


z

[tdog1975] 10/7/2018 12:07

It's starting to cook - oooooo, to buy more or not???

[zeppo] 10/7/2018 10:17

Meeting in 10 days.

Announcements then?

Any news to be given at the meeting has to go out as an RNS that morning.

Informal chat with directors after the meeting formalities can be useful.


z

[tdog1975] 09/7/2018 12:38

Like this share lots - news coming me thinks ?

[zeppo] 09/7/2018 09:23

Consolidation may have little short term effect.

Contract committments, or lack of them, will affect the share price


z

[zeppo] 08/7/2018 18:21

Today's Sunday Times: John Collingridge's article:

'Death of the power dinosaurs.'


Includes: 'Car giants from Nissan to Honda...........trials to turn electric vehicles into miniature power stations.'

Hope CWR gain substantially from these trials.

As has previously been stated, commitment to CWR's technology is needed.


z

[ben chod] 05/7/2018 23:04

The shares are alight

[zeppo] 04/7/2018 10:06

mdalos1


Please clarify IP.



z

[scrutable] 04/7/2018 10:06

Difficult to suppress excitement at this surge in growth confidently outlined by today's news. We are suddenly seeing a clearer picture of a future UK giant at the forefront of a global sea change in technology to combat overwhelming air pollution with EVs. History will look back on the next decade as the time when humans began the escape from a new industrial dark age akin to that from 19th century smoke stacks and from the urban misery begun by industrialisation. One can see the Steel FC playing a leading role.

This comes with perfect timing as UK plc struggles to find a way out of the EU via Brexit. As a dyed-in-the- wool enthusiast for cooperation inside the EU but disappointed with the suffocating burocracy in Brussels I have suddenly become aware of the multiple initiatives incubating in so many of our great university science and business parks and see hope in each. Alternate energy from wind, waves, tides, civic and agricultural waste, and sunshine, imminent break throughs in battery design, and power storage, the hydrogen economy, magical transformations from the application of graphene and other 2D materials,, decoding of the human gene to re-engineer human cells and reduce previously incurable conditions and diseases. We share leadership in AI, and software, robotics. The list is mainly in the shadows, but is absolutely huge

We need a more inspired Government than we have at the moment, worthy enough to make good use of this flowering of science and technology. The public needs good reporting and journalism to see it all from behind the distractions of football and feasting. The future of the UK is set very fair.

[cerrito] 03/7/2018 23:39

I thought it rather inconsiderate to issue such an important RNS at a time of the day when we were focusing in on Wimbledon and the World Cup. For that reason I have not gone through their comments on what has been achieved and the future with the detailed eye required to pick out the subtleties.

That said I was surprised at this news. They have I reckon about £8m in the bank. They were about to get £18m from Weichai and one assumes a further £23m. That would give £49m.. enough for roughly five years if they continue to burn cash at the same rate as in recent years.
So why are they taking this extra £20m?
One reason may well be that they are expecting for their cash burn to increase especially with the new factory and as they say increased working capital needs; the second may be that as they are dealing with big companies on mission critical projects the credit guys at these companies have indicated that they will need CWR to have a strong balance sheet- this was a reason that Kromek gave early last year for doing an equity raise. It also has the effect that Weichai invest an extra £5m approx.
The way I read the RNS is that this £70m+ of financing will take them through to 2021 or three years hence when they should be cash flow break even- but that may not be what they meant.
I am hoping that this will be oversubscribed and be interesting to see if they increase the amount raised from the market-I guess not as it would mess yup the pro rata holdings of Weichai. .My initial reaction was that the share price would drift down but who knows there may be a lot of unsatisfied institutional demand.
PS
I assume that Richard Griffith's will pass as he did in September 2016 and be interesting to see if IP Group participate again.
PPS
A good measure of progress in the last two years was that the September 2016 placing was done at 8.75p.

[netcurtains] 28/6/2018 11:36

From the announcement:

As announced, the second potential equity investment of c.GBP23.2m will be by way of warrant at an exercise price of 16.45p/share, a 29% premium on the market value at the time of the initial announcement. This warrant will allow Weichai to hold in aggregate a 20% equity holding in Ceres Power and will be automatically exercised on the signing of the further commercial agreements expected later in 2018, subject to certain conditions.

This is also interesting:

Weichai is listed in Hong Kong and Shenzhen with a market capitalization of c. US$10bn, and has a strong track record of making strategic investments in businesses around the world, including Société; Internationale des Moteurs Baudouin in France, Power Solutions International lnc. in the U.S. and KION Group AG (MDAX-listed) in Germany.

[muffinhead] 27/6/2018 20:31

The China Hustle

[muffinhead] 27/6/2018 20:14

House of Fraser comes to mind recently

Lots of Chinese stocks on AIM that went bust after fleecing naive UK investors

[netcurtains] 27/6/2018 18:38

The aggregate price of 16.45p....
Its quite possible small chinese investors could push this up way beyond that price.

Be interesting to see how this develops...

Does anyone know of other quoted UK companies where the Chinese are a significant shareholder?

But lets get to 16.45p before I start having grand thoughts!