Ceres Power Share Discussion Threads

[brucie5] 26/9/2023 10:08

Re the chart, looks to me like £3 has been largely proven up. There were two false breakdowns during the summer, with £2 being an obvious target. But neither materialised. So now the immediate range looks to be between £3-4, where it hit in July before falling back. So quite volatile reflecting some degree of FOMO, for once the story gets cracking again.

[brucie5] 26/9/2023 09:44

Back in with a small trade. I can't help feeling that this level is the bottom; may be wrong of course. And that the BoD will be pulling out all the stops on Thursday. It seems to me the more I look at it like a quality play on UK hydrogen, great capital light business model and with fully engaged strategic partners. All one needs now is for the sales to materialise!

We've been in a bottoming formation for almost a year now.
Ramp over - and cue fall to £2 before the end of the week!
;)

[pj84] 24/9/2023 13:00

The above article is about the potential decarbonisation of the Port of Milford Haven and is a general article of the potential investment in hydrogen amongst other solutions continuing to become a reality in the future energy mix.

The article is very long and the following are some key excerpts from it.
“In one form or another, the Welsh port is a conduit for more than a quarter of Britain’s energy supplies.”

…

“RWE operates the Pembroke Power Station on the south side of the waterway. The facility is currently one of the largest and most efficient gas power stations in Europe. But within the next two years, bosses will have to make key decisions about its future.

“If you just carried on with business-as-usual, then effectively you would have to close on December 31, 2034,” says Roland Long, site manager of Pembroke Power Station. “So you ask yourself, what are the options?”

RWE is considering turning the power station green by capturing direct emissions from its gas-fired units and storing them. The emissions would have to be converted into liquified CO2 and then transported elsewhere – probably to be piped into emptied oil and gas reservoirs underneath the North Sea.

At the same time, the German company is exploring the development of two “green” hydrogen production plants where electrolysers would convert water into hydrogen and oxygen using renewable electricity.

It is also looking at the possibility of an on-site battery storage plant. And land has been set aside for a separate, “blue” hydrogen facility where natural gas would be combined with steam to produce hydrogen.

All options are on the table.”

……

“Sarah Williams, director of asset strategy at gas network operator Wales & West Utilities, says her company is currently exploring plans for an 80-mile steel pipeline called HyLine Cymru.

But the project cannot go ahead without guarantees that there will be both production of hydrogen locally and - most crucially - willing customers.

“This would be a major project to support industry,” Williams says. “But there’s clearly no point in building a pipeline if we can’t confirm the hydrogen is going to be available to go through it or if there are no customers who are going to use it.”

Some of the demand is expected to come from transport. South Wales Transport is currently trialling buses that use hydrogen fuel cells, for example.

However, a string of big industrial users must sign up for the sums to stack up.”

……

“Combined plans could inject £6bn into local economy
Even if Port Talbot won’t be using hydrogen for its electric arc furnaces, Sawyer argues the recycled steel the plant will produce should be suitable for making the wind turbines.

“I actually see the steel announcement at Port Talbot as fantastic, because that was always going to be the long pole in the tent.””

[book5] 22/9/2023 15:52

:):):)
wonderful thanks, i dont know what happen i read 2022, i was in a rush
so hopefully the coop extends to our power cells soon

[bmel] 22/9/2023 15:47

book5

smokeys link is dated 20 sept 2023

[book5] 22/9/2023 15:25

Smokey’s Link is from last year, don't be fool
We need fresh good news

[gswredland] 22/9/2023 14:34

Thanks skinny

[bmel] 22/9/2023 14:21

Good spot Smokey

[smokey 1o3] 22/9/2023 13:32

All is well be patient:

[chester9] 22/9/2023 12:46

Ceres Webcast 9:30 on 28th with investor meet company.

[jubblies] 22/9/2023 12:36

Gswredland - Results on Thursday I believe.

[book5] 22/9/2023 12:25

Skinny
thanks for the link
shipping is our sector
probably they will use cwr technology

[skinny] 22/9/2023 12:08

See post or the header.

[gswredland] 22/9/2023 11:38

What day are the results next week please guys?

[trader deak] 22/9/2023 09:53

Doesn't look like much confidence in next weeks results at the moment!

[bjfanc] 21/9/2023 15:20

I wouldn't hold for the Weichai happening any time soon. Obviously a bonus if it does. I'd hold given what Bosch is investing. Plus the sizeable potential of SOEC.

[book5] 21/9/2023 15:17

the world will be, we need to reduce CO2 output

[bmel] 21/9/2023 14:20

Caldwell told us that it was a Chinese regulatory issue that everyone is waiting for.

Agree on positive Chinese govt attitudes. The factory will be built in China, employ Chinese and serve Chinese customers. China is a major beneficiary of this project.

[cerrito] 21/9/2023 14:06

When we get the interims next week, the elephant in the room will be the status of the Bosch/Weichai JV and I go on the basis that Caldwell will not be in a position to tell us anytbung.
I have also gone on the basis that the Chinese government would be sympathetic to Bosch as it employs 58k people in China, had USD19b of sales in 2022 and I have seen reports that it's R&D 2023 expenditure in China in 2022 was USD1.5b.
Of course even in the period since the July TU, the macro picture has detiorated with EU thinking on exports of EV vehicles from China to the EU.
The delay could be good old fashioned haggling between Bosch and Weichai bit it seems to have dragged on for too long for that to be the main issue, especially bearing in mind their prior working together on other projects. The stability of the Weichai share price - up over the last year - suggests that Weichai have no financial issues.

[book5] 21/9/2023 12:57

Old trick?
Someone is selling a few shares among its accounts to drop the sp, and then the same person buys even more and brings the price even higher.

imho this share is opened to leaks (before rns day) and the volatility is well above what is normal.

I have not done any comparison of its volatility with other hydrogen shares.

[highlands] 21/9/2023 12:28

This is a very volatile share.The daily swings are crazy!

[bjfanc] 19/9/2023 21:05

Wouldn't rely on a Weichai JV. All about SOEC and signing up new partners.Weichai JV would just be a bonus if it does happen in 2024.