Ceres Power Share Discussion Threads

[angus17] 25/9/2018 15:21

Markets obviously think little of her

[angus17] 25/9/2018 07:23

Not sure I rate Mclaren or F1 as a business. Not in the real world in my opinion. However, Caroline Hargrove clearly an exceptional lady and probably can spot a wonderful chance. Great to have her on board.

[skinny] 24/9/2018 07:27

Ceres Power Holdings plc (AIM: CWR) confirms that, further to the announcement on 21 August 2018, 5,973,660 new ordinary shares of 10 pence each ("Ordinary Shares") have been allotted to Robert Bosch GmbH at the then agreed subscription price of 150.8p and are expected to be admitted to trading on AIM on 25 September 2018. This investment totals £9.0 million and its holding will equate to approximately 4.4% of the expanded issued share capital.

As a result of the Bosch equity investment, Weichai Power, under the provisions of the existing contract and in order to maintain its current holding level of 10% of the issued share capital, will invest a further £1 million to subscribe for an additional 663,740 Ordinary Shares at the same price. This additional Weichai subscription is due to complete in October 2018.



These issuances will be satisfied using the current shareholder authorities approved at the last General Meeting.

[zeppo] 18/9/2018 19:19

Can the different fuel cell types co-exist?

Development partners will back winners.

The Ballard investment by Wechai appears more subdtantial than the investment in Ceres.

It is hard for lay people to understand different technologies and their potential.


z

[smokey 1o3] 18/9/2018 18:35

Interesting

hxxps://www.greentechmedia.com/articles/read/fuel-cell-funding-secured-ballard-power-inks-163mm-investment-from-weichai

[scrutable] 18/9/2018 01:16

A few years back CWR disclosed a collaboration with the very ambitious and aggressively innovative K D Navien of S Korea who claim to make 80,000 boilers/year and to have supplied over 1 million high tech boilers into the USA. In 2017, advertising that they led the world KDN launched CHP boilers in the UK but disappointed me in that one model exploited heat pumps, and there has never been a further word about them from CWR.

Perhaps this isthe advanced collaborator who is still incognito, although I think that the director's trials were piloted by BG or Centrica.

More seems about to be revealed. I hope we get an explanation for the share price outperformance - +30% since mid August and a rate of growth projected by the share price chart trend channel of 250%/pa

And we havn't yet launched the firstb product...........

[smokey 1o3] 17/9/2018 18:16

gnmartin
nvision
I think you will be happy with what they say about the CHP Boiler on the 9th October.
Read Scrutable's note as he is right!

[nivison] 17/9/2018 17:24

I would buy one too. My rather ancient Vaillant is on the blink.

[gnnmartin] 17/9/2018 12:59

I agree angus. I hope my current boiler (condensing, but 24 years old) lasts until I can replace it with a Ceres unit. Sadly for us, Ceres see other opportunities as being more prospective than UK domestic CHP.

[angus17] 17/9/2018 12:15

when are we going to get an update on the domestic CHP units? I hope very soon as I would love to install one at home. Come on CWR

[smokey 1o3] 13/9/2018 11:24

Scrutable
You are quite correct about them saying the first collaboration product would be commercialised in Q4 and the recent announcement says they will be updating II's at the meeting on the 9th October on "the progress that has been made with commercial partners during the year".

Like you I think it will be the domestic boiler as tested last year in Directors homes.


Worcester Bosh - Centrica-British Gas - Ceres Power would be good to round off an excellent year and push the share price higher!

[colsmith] 11/9/2018 09:35

pr4 - great link, thanks.

[pr4w2b0y] 11/9/2018 09:17

More funding on it's way, perhaps; how much of the 106m funding of electric cars will be given considering the Government have already backed APC Nissan range extender.



Cummins 210m R&D pledge

[angus17] 11/9/2018 05:47

mdalos1

why get out now when we are on the cusp of something potentially massive. Think of all those royalties rolling in for very little effort when the fuel cell is adopted by some of these big named companies CWR are involved with.

There is a good reason why CWR is valued at nearly 1/4 billion £. The market is beginning to realise the potential.

3 years time I reckon there will be a very nice dividend stream from this company.

[scrutable] 10/9/2018 11:59

They did say that they would see their first collaboration product commercialised in Q4. Initially it is likely to be on a small trialing scale. That may be the cause of unusual buying. The only product sufficiently advanced to expect that, is the domestic boiler, which was trialed in directors' homes last year.

The last two collaboration deals, with Weichai and Robert Bosch, are likely to be the largest. The total of seven seem to havereached crical mass and ignited interest in the market. The share price growth is visibly accelerating.

[cerrito] 04/9/2018 20:27

I guess no surprise that market pausing to catch its breathe after the recent rises.
I note last year the final results came out October 4 and in 2016 November 8.
What is noteworthy to me that cash burn in calendar 2017 was less than £10m while since July 1- once they do the Bosch raising- they will have raised £48m in equity financing plus of course the £7m Innovate money, Shows the extent of the change going on. I have been impressed by the quality of senior management and I am trusting them to have strength in depth management wise.