Clean Diesel Share Discussion Threads

[stu31] 02/10/2006 01:18

Atlantic, IMO having a fantastic product is only 5% of the story (for early shareholders to make money anyway). Management with the ability to market and sell is 95%. RPP was a typical AIM story wasn't it. You can make a lot of money on these stocks, but only using the 'greater fool' method of investment, hardly any of these 'start ups' produce the goods in the long run.

[atlantic53] 30/9/2006 11:55

Stu my experience to date with these type of Companies is not great.
Rpp and eas ( easyscreen) are two examples of where the cash burn exceeded the Companies potential earnings and they did not succeed ultimately.Sound alert is another disaster where they have a fantastic product but seem incapable of selling it.

Maybe cdt is different but i have a paltry holding compared to David.
I Will only buy more if i see signs of sales.

[stu31] 29/9/2006 19:56

I wish you luck with this David, but I believe you are going to be sorely disappointed..MC £16m turnover £0.5m hmm, based on jam tomorrow..hmm, seen that before..turnover about to explode blah blah, usual story of every AIM stock that ever floated..until the profit warning..yes this might be the 1 in a 1000 stock we all dream of..but the graveyard is littered with the bones of companies like this..look at RPP, TRK, TDM, AVT, SEO, SYM, DGP, SCE, and the list goes on and on..as for MC of £500m within 4 years..I'll go for £10m max, if the prospects were as bright as that there would be 10 companies with a diesel filter/additive in the marketplace by lunchtime on monday. You reckon they could get 10% of the market in China..I'll go for 0.001%, 30 vehicles worth $7500. I see they will be running out of cash before the end of this calendar year, lets see at what level they manage to raise funds to gauge market confidence. I hope you have only invested money you can afford to lose.

[david15] 29/9/2006 15:38

The CEO has forecast a major increase in sales in the second half and in particular in the last quarter and continuing into the forseeable future. He is a highly competent senior executive having a track record of being CEO to a start up division of Motorola, which he took to market leader in its field, a like performance as CEO of Wayfarer Systems AG, a Swedish direction location technology for mobile phones and NXT Plc which directed through its successful years. He has said that he sees immense opportunities to take CDT to market leader and I have every faith in his ability to do so. I do not believe that Walter Copan, the COO North America, would have left a senior position at the US Department of Energy if he also did not have like sentiments. The rising share price with a number of promised announcements of licences to OEMs for the ARIS technology should enable a placing to raise sufficient cash without any great difficulty. At the AGM the CEO forecast break even being reached by mid-2007 so with the prospect of a decreasing cash burn it is just possible that a further placing might not be required but even if required it should be far less dilutive than past funding. One problem is the lack of liquidity in the stock as, at least, 85% of the present issued capital is in firm hands who have no intention of selling at anything like the present share price. I know of several parties who would like to invest but are not willing to accumulate a holding at 1000 shares a time, which is generally the maximum number the MMs will quote, unless they have had a larger lot due to a forced sale or other special situation and the shares are then readily placed to satisy market orders at above the bid price. But for those with patience and will to buy 500 or 1000 shares at a time it is still possible to slowly build or increase a position.

[pentland] 29/9/2006 12:26

David that is a very big commitment on your part.I can relate to the comments you have made.My concern is the lack of revenue.The Company may need to raise more capital to sustain the cash burn...

[david15] 29/9/2006 09:59

I have a significant holding and will add as I have funds available having added 36,000 shares in the three months, since the AGM, to what was, in any event, a useful holding, now over 220,000 shares. If you don't believe in CDTs prospects you are going to miss out in one BIG BIG way. But that will be your loss, not mine, I am looking forward to a comfortable retirement in sunnier climes and well out of Brown's reaches.

[stu31] 29/9/2006 00:14

If you really believed any of that you would be buying up EVERY available share at this level..as you are not..speaks volumes.

[david15] 28/9/2006 17:19

Yesterday's press release very postive the media just don't comprehend the scale of this business. The Extengine/CDT Catalized Wire Mesh Filter (CWMF)is the only technology verified by the Chinese Authorities to date. The fitted cost would appear to be in the region of $2500 per vehicle it would seem that CDT would receive some 10% of this as a royalty payment. There are evidently up to 3 million vehicles in China that could/should be retrofitted. China and the rest of Asia will NOT be using Diesel Particulate Filters,which cost in the region of $10,000, that is to say four times the price of the Extengine/CDT CWMF. Potentially 3 million vehicles at a royalty of $250 is $750 million in royalties. Let us not get carried away but even 10% of the vehicles would bring in royalties to $75 million. The CWMF is used in conjunction with the Platinum Plus fuel additive to promote the regeneration of the CWMF (ie to prevent it clogging with soot) and also provides fuel economy which saves 8% plus in fuel costs at a treatment cost of 6 cents a gallon so it much more than pays for itself. The Pt+ treatment cost evidently could be expected to average about $300 per vehicle per annum according the level of use but this figure seems a reasonable average. So 300,000 vehicles treated would give annual sales of Pt+ in the order of $90 million assuming a 30% margin $27 million bottom line. But this is just one of CDTs technologies in one market and assumes gaining ONLY 10% of that market. The rest of Asia including India where regulations are also being introduced together with Thailand, Malasia and Singapore together with Australia is a market of almost the same size. This is ignoring CDTs ARIS (Advanced Reagent Injection System) for NOx control which has equally great potential in all markets. CDTs business in the European and US markets is also now growing strongly and the Extengine and Extergenics announcements of this week followed a distribution agreement for Scandinavia with Broste AG where sales are evidently also growing strongly sales have also commenced in Latin America. I repeat my forecast that this company will capitalize at well over $1 billion within a four year timescale.

[asparks] 27/9/2006 09:23

looks like a 12month breakout to me?

[uk013645] 27/9/2006 09:20

Clean Diesel and Extengine Enter License and Distribution Agreement for Diesel
Particulate Filter Products in China and North America





Stamford, CT and Fullerton, CA, USA ... Clean Diesel Technologies, Inc. ("Clean
Diesel") (EBB:CDTI & AIM:CDT/CDTS & XETRA: CDI), a developer of technological
solutions to reduce harmful engine emissions, has entered into a license and
distribution agreement with Extengine Transport Systems, LLC ("Extengine") for
China and North America. Extengine is a California-based developer,
manufacturer and supplier of innovative advanced diesel emissions control
products and biodiesel fuels.

[david15] 22/9/2006 16:50

CDTs business is inevitably driven by regulation and the regulations are now coming in. There is no doubt that CDT has the best and also, importantly, the most cost effective technologies. Platinum Plus sales were up in the first two quarters and the CEO said at the AGM that sales would increase strongly in the third and fourth quarters and anticipated break even, from additive sales, by mid-2007. There are 20 million diesel engines in operation in the Asia region covered by the Energenics distrubution agreement. If just 5% of these are retrofitted with the CWMF this will generate royalties of something in the order of $250 million, with on-going sales of Pt+ in the order of $300 million per annum. At a 30% margin one can do one's own sums. The Pt+ additive more than pays for itself by the fuel economy it gives - this has been verified by Southwest Research Institute and in the field by Coca Cola Enterprises. This Asia figure does not include China where CDT are partnered with Extengine and have the CWMF + Pt+ verified for use by the Beijing government, who have stated that they require significant vehicle emission reduction for the 2008 Olympics. France and Germany have decreed that the Eastern European trucks now in large numbers on West European motorways have got to come into line by 2008, if they are to continue to do so, so they will have to start soon. CDT has EGR/SCR (Exhaust Gas Recirculation/Selective Catalytic Reduction) patented in both the US and Europe. Six months ago the CEO of Daimler Chrysler said at an industry conference in Detroit that US 2009 NOx limits could not be met without EGR/SCR - Europe has similar standards starting in 2007. Another royalty stream from OEMs on between 3 and 4 million engines a year, potentially another $100+ million per annum in royalties! These are only a few of the business opportunities now unfolding for CDT. One only has to look at the CVs of the CEO; the COOs for North America and International and the two non-executive directors appointed at the last two AGMs to realise that high flyers of this calibre would not have joined the company without serious DD and must be totally confident that CDT is positioned to become a major player in this huge market which is just beginning now that worldwide regulations are at last coming into place. For the doubters I suggest that you spend a few hours on doing some research - it will be well rewarded as you will certainly invest more if you do so. I will catergorically state that CDT will capitalize at well over $1 billion within four years!

[terryjward] 22/9/2006 10:20

Pentland,
We can only hope, without sales were bust, but I liked the following comment in the Energenics anouncement:

'Due to increased pressures to reduce emissions, demand for large-scale diesel
retrofit programs has exploded in the Asia Pacific region.'

That rather implies that the market is there to take.

[pentland] 21/9/2006 16:34

Yes but are there any sales.
Ring prop were signing up numerouse dealerships but were still unable to generate any income.

[asparks] 21/9/2006 14:09

great news

[david15] 21/9/2006 13:31

Another distribution agreement for Asia with a major company in the region. This also covers the Catalysed Wire Mesh Filter, which due to its lower cost and proven robustness, will be ideal for the Asian market. This is the technology developed jointly with Mitsui, who retained the rights only for the Japanese market. This will bring substantial royalties to CDTI for licensing the technology and the on-going use of Platinum Plus additive. Twenty million diesel engines in use in the area covered so only a small percentage retrofitted will open up huge revenues. Very bullish - we can only hope the media and market now begin to appreciate the enormous market opening up worldwide for CDT. With the business unfolding the current market cap is peanuts.

[soysoy] 20/9/2006 16:58

RNS Number:2145I
Clean Diesel Technologies, Inc
30 August 2006


PRESS RELEASE for 30 August 2006 at 2:30 AM EST and 7:30 AM GMT


Clean Diesel signs distribution agreement with Nordic supplier Broste A/S


London, Clean Diesel Technologies, Inc. ("Clean Diesel" or "the Company") (EBB:
CDTI & AIM:CDT/CDTS & XETRA: CDI), a developer of technological solutions to
reduce harmful engine emissions, today announces that it has signed a
distribution agreement for Clean Diesel's Platinum Plus FBC with Broste A/S,
part of the Azelis Group, to cover the Scandinavian/Nordic countries and the
Baltic states. This is in response to an increased demand for Clean Diesel's
Platinum Plus(R) fuel-borne catalyst (FBC) technology and represents a
significant expansion of the Company's European distributor network.

Over the past 50 years Broste has been a leading supplier of raw materials to
the Nordic industries. Today, Broste Performance Chemicals division supplies
advanced products, technical service and solutions to highly sophisticated
markets.

Laurids Sorensen, Broste's Senior Business Manager comments: "Broste is looking
forwards to working in close cooperation with Clean Diesel and by combining
their technology with our extensive warehousing and distribution network, this
will allow them to service new and existing customers through local supply of
Clean Diesel's Platinum Plus FBC."

Dr Bernhard Steiner, CEO & President, adds: "The Nordic Countries and Baltic
States are very important in terms of the future adoption of advanced diesel
emission control technologies. An increasing number of customers in the Nordic
countries are now demanding Clean Diesel's technology and with Broste we have a
strong partner who is capable of supporting and distributing our Platinum Plus
Fuel Borne catalysts."

[terryjward] 14/8/2006 20:31

Released 11.08.06
Clean Diesel Technologies Reports 2006 Second Quarter Results
BUSINESS WIRE
STAMFORD, Conn.--(BUSINESS WIRE)----Clean Diesel Technologies, Inc. ("Clean Diesel" or "The Company") (EBB: CDTI, AIM: CDT/CDTS & XETRA: CDI), a developer of technological solutions to reduce harmful engine emissions, today announces its results for the 2006 second quarter. Clean Diesel's Platinum Plus fuel borne catalyst (FBC) revenue increased 60% in the second quarter 2006 and 60% for the six months year to date, versus the comparable 2005 periods. The Company is expanding its customer and distributor base particularly in the UK and Europe. Overall revenue is up slightly for the quarter as the increase in revenue from additives and other revenue including a market assessment project was mostly offset by a decrease in hardware revenue. For the first half of 2006 overall revenue increased 19% as compared to 2005.

Dr. Bernhard Steiner, President and CEO, commented: "Clean Diesel's investment in international sales and marketing is beginning to generate the anticipated revenue increase. As a result of this growing European demand for the Platinum Plus Fuel Borne Catalyst, the Company has upgraded its UK Representative office to a UK Branch office which will continue to operate as Clean Diesel International LLC. In addition, Clean Diesel has established a local UK-based blending and warehousing facility to better service our expanding customer and distributor base".

Revenue for the second quarter 2006 was $279,000 with a net loss of $1,190,000 ($0.05 loss per share), compared to revenue of $268,000 in the second quarter of 2005 with a net loss of $1,286,000 ($0.07 loss per share). For the six months ended June 30, 2006, revenue was $548,000 with a net loss of $2,774,000 ($0.11 loss per share), compared to $460,000 of revenue and a net loss of $2,477,000 ($0.14 loss per share) in 2005.

Expenses in the second quarter of 2006 were up slightly in comparison to 2005 as a result of higher patent costs, increased European professional expenses, increased R&D and non-cash compensation expense ($53,000) for stock options, partially offset by the lower compensation expense relating to the first quarter severance charge for the departure of the former President and Chief Operating Officer.

For the first six months of 2006, expenses are up versus 2005 due to: higher R&D related to increased testing of the Mitsui acquired wire-mesh filter technology, non-cash compensation expense ($106,000) for stock options; and severance recognized in the first quarter of 2006. As now required under the United States Financial Accounting Standard 123R, the fair value of options granted must be calculated and the expense recognized over the vesting term of the option.

Dr. Steiner also noted: "Clean Diesel's Selective Catalytic Reduction and related technologies continue to generate substantial interest for both new vehicle and retrofit applications. The Company expects to announce the first of several original equipment manufacturer license agreements for its ARIS Selective Catalytic Reduction technology in the near future."

About Clean Diesel Technologies, Inc.

Clean Diesel Technologies, Inc. and its UK Branch office, Clean Diesel International LLC, is a developer of technological solutions to reduce harmful engine emissions. Clean Diesel Technologies has patented products that reduce emissions from combustion engines while simultaneously improving fuel economy and power. Products include Platinum Plus(R) fuel-borne catalysts (FBC), the Platinum Plus Purifier System, catalyzed wire mesh diesel particulate filter technologies and the ARIS(R) injection systems for selective catalytic reduction of NOx. Platinum Plus and ARIS are registered trademarks of Clean Diesel Technologies, Inc. For more information, visit CDT at www.cdti.com or contact the Company directly.

Certain statements in this news release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known or unknown risks, including those detailed in the Company's filings with the Securities and Exchange Commission, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof.
CLEAN DIESEL TECHNOLOGIES, INC.
STATEMENT OF OPERATIONS(Unaudited)(in thousands,
except share data)Three Months Ended Six Months Ended
June 30, June 30,
2006 2005 2006 2005Revenue:
Additive revenue $ 145 $ 91 $ 296 $ 186
Hardware revenue 73 166 117 258
License, royalty and other
revenue 61 11 135 16
---------- ---------- ---------- ----------
Total revenue 279 268 548 460Costs and expenses:
Cost of revenue 156 161 272 271
General and administrative 1,186 1,210 2,715 2,375
Research and development 177 88 395 147
Patent amortization and
other patent expense 50 25 93 64
---------- ---------- ---------- ----------Loss from operations (1,290) (1,216) (2,927) (2,397)
Other income (expense):
Foreign currency exchange
gain (loss) 79 (75) 93 (94)
Interest income 21 5 48 14
Miscellaneous income 0 0 12 0
---------- ---------- ---------- ----------Net Loss $ (1,190) $ (1,286) $ ( 2,774) $ (2,477)
========== ========== ========== ==========Basic and diluted loss per
common share $ (0.05) $ (0.07) $ (0.11) $ (0.14)
========== ========== ========== ==========Weighted average number of
common shares outstanding 26,111 17,171 26,098 17,168
========== ========== ========== ==========CLEAN DIESEL TECHNOLOGIES, INC.
BALANCE SHEETS(in thousands,
except share data)June 30, December 31,
2006 2005
(Unaudited)
------------ ------------
ASSETS
Current Assets
Cash and cash equivalents $ 2,501 $ 4,513
Accounts receivable, net of allowance of $18
and $11 in 2006 and 2005, respectively 172 125
Inventories 452 285
Other current assets 128 94
Subscription receivable, net 0 488
------------ ------------Total current assets 3,253 5,505Patents, net 593 567
Fixed assets, net of accumulated
depreciation of $307
And $259 in 2006 and 2005, respectively 118 175
Other assets 37 27
------------ ------------Total assets $ 4,001 $ 6,274
============ ============LIABILITIES AND STOCKHOLDERS' EQUITY
Current Liabilities:Deferred revenue $ 0 $ 9
Accounts payable and accrued expenses 775 487
------------ ------------Total current liabilities 775 496STOCKHOLDERS' EQUITY:
Preferred Stock, par value $0.05 per share,
100,000 shares authorized, no shares issued
and outstanding -- --
Common Stock, par value $0.05 per share,
authorized 30,000,000 shares, issued and
outstanding 26,162,459 and 25,369,358
shares respectively 1,308 1,268
Common Stock, par value $0.05 per share,
subscribed and to be issued; 705,113 shares
in 2005 0 35
Additional paid-in capital 44,285 44,068
Accumulated deficit (42,367) (39,593)
------------ ------------Total stockholders' equity 3,226 5,778
------------ ------------Total liabilities and stockholders' equity $ 4,001 $ 6,274
============ ============

Clean Diesel Technologies, Inc. David Whitwell, CFO & Senior Vice President Administration Email: [e-mail] 300 Atlantic Street, Suite 702 Stamford, CT 06901-3522 Tel: [phone] or Media / investor enquiries: Abchurch Communications Heather Salmond / Justin Heath Email: [e-mail] Email: [e-mail] www.abchurch-group.com 100 Cannon Street, London EC4N 6EU Tel: [phone]

[atlantic53] 03/8/2006 21:00

yes and on minimal volume........

[uk013645] 03/8/2006 12:21

Ticking up nicely

[david15] 21/7/2006 13:17

Have a look at the company website - cdti.com - press releases - second one of the 15th June now in full format - unsurprisingly no sellers - MMs have no stock to sell but seem unwilling to accord the stock a realistic value to tempt sellers in order to get some stock on their books. New biodiesel blend looks an important breakthrough addition to technologies - Proprietary EGR/SCR looks a certainty for OEMs from 2007 Europe & 2009 US - Proprietary ARIS airless urea injector cheaper, more robust and more compact than rival compressed air systems - Pt+ additive now beginning to sell in volume - CWMF (technology developed with Mitsui) WW patent (excl Japan) held by CDT now being licenced to manufacturers - London Taxi retrofit program - fuel economy trials UK and US -Belgian bus retrofits - Copenhagen bus retrofits - expanding marine use of Pt+ and ARIS + many others.

[asparks] 21/7/2006 08:49

this has been creeping up in price during last few days - on no purchases. What's going on??

[david15] 24/5/2006 09:23

Maestro - last month you said that you can "spread bet this baby" please tell me where?

[atlantic53] 12/5/2006 21:56

I paid over £2 for shares in this company.They appear to have enough cash to last for 6 months.They remind of easyscreen.
They will be taken over for a pittance in due course probably 20p a share

[jpeacock] 11/5/2006 09:50

Let's just recap, "Revenue for the first quarter 2006 was $269,000 ...."

And now for costs, "Included in the first quarter 2006 general and administration expense is $357,000 of severance charges."

So, if we read this correctly they spent more getting rid of someone than the total turnover for the same period? Surely that cannot be right? If it is then from a company management and commonsense point of view it sends alarm bells ringing short term with this share.

Was going to invest a significant amount in this company. Having read between the lines now staying well clear. There are many safer bets out there at present based on fundamentals and not hype.

[maestro.] 11/4/2006 16:57

abit late this time 85p