Ceres Power Share Discussion Threads

[book5] 16/6/2023 15:16

Long way to go to £11
Good to be in profits

[colsmith] 16/6/2023 11:44

NPP62 - good link but one crucial thing not considered is 'Copper'. All things electric currently need copper and copper demand is poised to mean the supply wont catch up unless many more mines are opened. An electric car uses more copper than an ICE! Suggest to me that an ICE using H20 (as JCB are doing on trucks)or synthetic is the best for now solution. Whatever FC's for domestic and building uses/industry using H2o or natural gas have a huge market so all good for CERES.

PS this suggests investing (long term) in copper is going to be a good earner.
Just saw this - “Copper is currently trading around $8,300 a ton, down approximately 26% from its all-time high of nearly $11,300, set in October 2021. According to Citigroup, the metal could top out at $15,000 a ton by 2025, a jump that would make oil’s 2008 bull run look like child’s play.”

[npp62] 15/6/2023 20:47

https://amp.theguardian.com/commentisfree/2023/jun/03/electric-vehicles-early-adopter-petrol-car-ev-environment-rowan-atkinson

[seball] 14/6/2023 18:24

Analysts at Berenberg reiterated their 'buy' recommendation and 1,155p target price for shares of Ceres Power following a technology teach-in with the outfit on its solid oxide electrolyser offering.

The company, which develops fuel cells for power generation and electrolysers for green hydrogen, provided greater detail on its SOEC products, the market opportunity and its strategic and commercial roadmap, they said.

So too, one of Ceres's key partners, Shell, had given further details about its expectations from the demonstration and the overall market.

"We came away more positive about Ceres's real differentiation in the space, even against its SOEC peers, and that electrolysis offers a significant second leg to the story for which the market current ascribes little-to-no value," the analysts said.

They conceded that the market focus in the short-term would be on its China joint ventures.

Looking past that nonetheless, they anticipated that the business would keep adding new licence partners in order to expand its footprint by regions, increase its manufacturing capacity and thus its high-margin stream of royalty revenues.

"We make no changes to our forecasts or valuation at this stage and retain our Buy rating."

[richpassi] 14/6/2023 18:16

Someone enjoyed there day out last FridayBerenberg stays at 'buy' on Ceres PowersWed, 14th Jun 2023 17:32?(Sharecast News) - Analysts at Berenberg reiterated their 'buy' recommendation and 1,155p target price for shares of Ceres Power following a technology teach-in with the outfit on its solid oxide electrolyser offering.The company, which develops fuel cells for power generation and electrolysers for green hydrogen, provided greater detail on its SOEC products, the market opportunity and its strategic and commercial roadmap, they said.So too, one of Ceres's key partners, Shell, had given further details about its expectations from the demonstration and the overall market.

[chessman2] 14/6/2023 12:09

I’m confident for the future here as I believe the Chinese came onboard at circa 1300p.

IMHO the current level should prove quite profitable!

[savvy investor] 14/6/2023 12:08

Nearly left it for a laugh 🤣

[richpassi] 14/6/2023 12:05

You noticed ;) lol

[richpassi] 14/6/2023 12:05

Do you need to edit ? ......I hope so ;)

[savvy investor] 14/6/2023 11:53

Idiots! Ramping is just saying something will happen with no reason. I have given long clear reasons why I (and all analysts that cover Ceres) believe the shares are grossly undervalued. So thanks for following the company for 30 years without investing and happy to miss out on the returns. Good luck to you Trev, we have a different view and I will leave it at that!

[seball] 14/6/2023 11:35

tradertrev14 Jun '23 - 11:32 - 1603 of 1603 (Filtered)
I have had them filtered for a while. I suggest you do the same.

[tradertrev] 14/6/2023 11:32

For the record, I have made far more mistakes than I care to mention, though one of these appears to be getting into some sort of online battle with you.
I can't stand ramping and de-ramping activities that sadly are rife on bulletin boards.
I've been keeping an eye on Ceres for nearly 30 years now as I'd always thought fuel cell technology had such great potential, particularly the SOFC version which uses less exotic materials with greater reliability.
But there has never been any financial information given that adequately enables one to evaluate it, which leaves open the opportunity for anyone with a bullish motive (including most investment banking analysts, let's face it) to push the shares on the basis of "there's a gigantic opportunity out there".
All the prototyping and trials activity is being done to establish commercial viability. One can't simply say everything's viable until this has been done and commercial orders start coming in. Of course one can take the risk that all will be well, which is what I believe you are doing. I will be very happy to take the risk when I believe the valuation takes the risk into account.
I can live with the possibility that I never reach that point and that I could miss out on one of the greatest technology investment opportunities ever.

[skinny] 14/6/2023 11:16

Now, now - this has been a pretty decent thread - let's please keep it that way.

Speculation, hype even, will come and go, but the only thing that will move this higher is factual positive news.

Good Luck.

[savvy investor] 14/6/2023 10:38

And Trev I find that even more odd and not trustworthy to listen to anyone who is neither long or short - why would you spend time on that. I will be happy to be judged by you and anyone else on my posts here in 2 years time. I have done all the necessary research and talked to people very close to the heart of things and have made my views clear. Again I will simply ignore your very unusual discussion of my IQE trading and posts which bares no relevance to Ceres. I’m glad to finally meet somebody that has never made a mistake, well done you!

[savvy investor] 14/6/2023 10:33

Trev, if you read my IQE posts I clearly said to the board that I had been wrong to believe in the company, not because of the technology, but because the management were clearly ineffective and not to be followed, particularly the ineffective CFO. I said I was selling out which I did at 47p.

If you believe somebody is wrong because they have been wrong before then good luck to you. I’m more of the view I learn every day and learned big lessons from IQE years that I was so bullish.

Your valuation method for Ceres is fundamentally flawed as you are not even accounting for China and US production, the signing of new agreements, the license revenue increase, the services revenue as they become consultants to their customers, the SOEC license money that is currently just SOFC.

Anyway, I will simply agree to differ with your opinions and continue to plough every Penny I have spare into Ceres until it is £8 or more where I will sit and wait for 2 to 3 more years.

[book5] 14/6/2023 10:32

There could be many buyers in the know:
Chinese joint venture
Closing short
Ftse250
Similar companies going up

[tradertrev] 14/6/2023 10:24

Oh and by the way, I have no position in Ceres and haven't had a position for over 20 years. The only time I did have a position it was a vanilla long and I made money.

[tradertrev] 14/6/2023 10:21

So the Savvy bullish onslaught continues. You kept this up on IQE for over a year and if your posts were to be believed you must have lost a substantial proportion of your pension fund.
Kiwi asked if the SOEC technology was actually being used commercially and financially viably currently. The answer is a clear "no" yet you take this as an opportunity to imply that it somehow is yes.
The technology is undoubtedly very promising and they have some serious partners for commercialisation, but based on Savvy's previously given data on royalty rates, the partners will have to roughly quadruple their announced production capacities IMO in order to justify the current valuation. This may well happen, but it might not and even if it does it will take some time.

[savvy investor] 14/6/2023 09:54

Ceres has real answers to real problems with award winning certified technology supported. Y world leading manufacturing and investing partners. It is, again my own view, oh and all of the covering analysts, grossly undervalued.

[genises] 14/6/2023 09:50

Looks as if the price is been squeezed upwards for investors to sell
Good luck to any shorter
Investment companies will be buying soon once listed on the main market.
The only shares available will no doubt be from the private investor

Onwards and upwards

[savvy investor] 14/6/2023 09:26

I read it as SOFC and if you are suggesting the technology is not commercially viable perhaps send a note to Doosan, Bosch and Weichei and tell them to save the hundreds of millions of pounds they are ploughing into the factories to sell it and the 10s of millions Bosch and Weichei are spending funding Ceres shares as clearly they have made bad decisions.

Oh and Kiwi, SOEC is expected to be fine as it uses the same technology in reverse and Shell/Ceres believe a full trial costing 10s of millions between them is warranted so make your own view up how likely success will be, I’m not trying to fool anyone. Also read some of the analyst reports and there will be lots of new ones after last weeks analyst meeting. It is a far reach for shorters and doom sayers to suggest Ceres technology is not commercially viable. Again make your own views and read for yourself!!!!

[tradertrev] 14/6/2023 09:17

kiwi, if you mean is the SOEC technology being used by any end users commercially and financially viably to produce green hydrogen right now then the answer is no. Some prototypes are being built.
Their SOFC technology is much closer to commercial end-user use.
Do not take commentary on this thread as expert and objective!