Cmr Fuel Cells Share Discussion Threads

[asparks] 17/3/2006 09:52

fortunatus - what is the source of the advert?

[fortunatus] 17/3/2006 09:51

From a current job advert:

"CMR's patented design architecture has the promise of unlocking enormous market potential as it enables fuel cells to be 10 times smaller and more powerful and up to 80% cheaper than competing products, thereby overcoming the key hurdles delaying mass-market global sales."

[jonwig] 16/3/2006 11:39

Once the 'story' gets hold, years to production are ignored by buyers, as witness ITM and, more recently, CWR.

Yes, it may be possible to get in cheaper, but also price may run up before the correction.

My strategy in such cases is to buy a few and then more as the story unfolds: I just bought my first few today.

[hands of stone] 13/3/2006 12:24

trouble it's years off to making money, best to wait and get in cheaper imo.

[bachman] 06/3/2006 22:55

Expect the share price to move guys. CMF have just been tipped by lemming investor Who? They beat t1ps performance for 2005 by a whopping 18 percent.

It is rare to stumble on and recognise a potential world beater just after
its AIM launch (22 Dec '05), whilst CMR is still capitalised at a modest £45m. With a strong scientific team from the outset this is another 'great little one' from the Cambridge spawning grounds for future high tech winners. DMFCs create portable power from a relatively small unit attached to a fuel canister and are likely to begin to displace lithium-ion batteries within eighteen months

[stegrego] 01/3/2006 18:53

Well results day today and only 1 solitary buy - and it was me for £500 quid - last of the big spenders has arrived...

[pb1] 01/3/2006 15:56

First part of results.


CMR Fuel Cells plc

('CMR' or `the Company')

Final Results for the 12 Month Period Ended 31st December 2005

Highlights:

* Demonstrated the world's first 'compact mixed-reactant' direct methanol
fuel cell stack with power density of 200W/l

* Overall winner of the Carbon Trust Innovation Awards 2005

* Key patents cleared for grant in China and granted in Australia

* Selected by Harvard Business School as one of 25 companies 'most likely to
change our world by 2010'

* Selected by the World Economic Forum as a Technology Pioneer for 2006

* Successfully listed on AIM raising £11.5 million

John Halfpenny, CEO, commented:

"2005 was a significant year for CMR during which we were able to demonstrate
the viability and potential of our unique 'compact mixed-reactant' stacks and
secure the commercial support and funding that will enable us to develop our
concept into commercial product. Since flotation we have grown our technical
team significantly and will soon take occupancy of new world class development
facilities.

I look forward to achieving significant milestones through 2006 that will
position the Company to become one of the world's leading commercial fuel cell
organisations."

Chairman's Statement

It is with great pleasure that I make my first report as the Chairman of your
Company. The year was a significant one for CMR during which important
commercial and technical advances were made leading to the Company's placing
and admission to the AIM market in December.

Since being introduced to the Company and its unique technology last year, it
has become clear to me that the substantial reductions in size and cost implied
by CMR's novel approach to fuel cell architecture have the potential to play
significant and key roles in the mass commercialisation of fuel cells.

Market interest for commercially viable fuel cells has increased significantly
within the portable electronics industry for a wide range of uses ranging from
laptop computers, games consoles and mobile phones to power tools and electric
scooters. Although there are a number of drivers behind this demand, specific
to the need of each sector, there remain three generic obstacles to the
successful commercialisation of fuel cells. These are:

1. Fuel cells will have to deliver volumetric power densities high enough to
compete with current power supply systems such as Lithium ion

2. Fuel cells will have to be cheap enough to win consumer acceptance

3. Fuel cell design will have to be compatible with established high-yield
mass production techniques

CMR's unique mixed-reactant, flow-through technology has the potential to
deliver these benefits through the elimination of bulky components found in
conventional fuel cells as well as enabling the replacement of traditionally
expensive components with considerably cheaper and more reliable ones.

Interest in CMR's technology has come from all sectors of the fuel cell supply
chain, and a number of projects with suppliers and potential customers are
underway. We will continue to pursue our business model of `fab-less' fuel cell
stack manufacture, that allows us to work in partnership with many of the
established developers and suppliers of fuel cell components- enhancing our
ability to focus on developing a high quality, world class product encompassing
a range of industry leading materials and components.

Over the year, we have made continual technical progress - demonstrating the
world's first `compact mixed-reactant' direct methanol fuel cell stack in May
and subsequent demonstrations of higher volumetric power density at the London
Grove Fuel Cell Symposium in October.

Product development remains on schedule against our operational plan, and
recent senior staff recruitment has enabled us to significantly improve the
depth and scope of our technical program.

Finally I am pleased to thank Professor Gordon Edge, who as Chairman from CMR's
inception in 2003 to November 2005, laid the foundations for the next stage of
the development of CMR - a period that should be at least as exciting and
productive as the foundation years. I look forwards to continuing to work with
Professor Edge as a fellow non-executive director.

[sam miller] 26/2/2006 20:58

Ceramic Fuel Cells listing on AIM 02 March. CFU. Looks good.

[asparks] 23/2/2006 09:58

Green power comes of age as big investors buy into fuel cell firm

Terry Macalister
Thursday February 23, 2006
The Guardian


The Australian-based technology company Ceramic Fuel Cells said yesterday that it was raising £37m on the London Stock Exchange (LSE) to fund a new factory, probably in the north of England.
The move came just a day before a US carbon credit specialist, Econergy International, sees its shares traded on the Aim market amid soaring values for "green" power firms. Next week the LSE hosts a "new energy" seminar expected to attract big names from the investment community, such as Merrill Lynch and Rothschild.

The CFC fundraising was executed via a share-placing with institutional investors, which will give the company a market value of a little over £60m.
More than 90 new institutional investors in Britain and elsewhere in Europe as well as specialist socially responsible funds took part in the oversubscribed placing, the company said.

CFC plans to commercialise its solid oxide fuel cell technology for use in combined home heating and power systems.

Brendan Dow, chief executive, said that his company could offer greener and more efficient boilers with integrated fuel cells run on natural gas for about £3,000. This compares with the £2,000 cost of a current condensing boiler as mandated by the British government.

No decision has been taken as to where the new factory will be located in Europe but Mr Dow said there was a "very good chance" it would be in the north of England or north Wales. Up to 200 people would be employed. If successful, there could be more facilities built, Mr Dow said. CFC shares, which are already listed on the Australian market, are expected to start trading on Aim on March 2.

The company could join a growing number of companies, such as Johnson Matthey, which are producing fuel cells in Britain for household, transport or industrial use. Mounting interest in low-carbon technology has led to a stampede of tiny companies to the LSE, such as Voller Energy, which produces fuel cells for yachts, and Ceres Power.

Impax Partners, which invests in alternative energy firms and which itself listed on Aim in 2001, has trebled its funds under management to £260m in the past year alone. Ian Simms, chief executive, said: "Mainstream investors are increasingly aware of the growth opportunities in environmental markets and of our ability to seize these opportunities on their behalf."

Impax now manages money for many institutional investors such as British Airways' pension fund and Friends Provident. A seminar on renewable companies held at the LSE last October attracted large City firms such as Merrills and Rothschild.

Big industrial groups such as GE of the United States and Germany's Siemens have expanded into this sector by taking over smaller alternative power firms.

[asparks] 10/2/2006 15:51

To all who are interested in renewable / alternative energy investments please see this new moderated thread.

[conno] 31/1/2006 18:42

Real Player interview With:
John Halfpenny
CEO

Dated January 30, 2006



Enjoy

Conno

[tech] 31/1/2006 11:27

Still rising

[conno] 27/1/2006 08:43

Watching myself too. Until PYF becomes CREST tradable this company may be an answer to getting exposure to the portable electronic device fuel cell market.

[stegrego] 26/1/2006 23:58

Question is - already in Ceres and ITM and showing very good profits on those - dare i make it 3 fuel cell (to be honest i tried to buy Polyfuel at 51p but couldnt - so im very prepared to have 3) will do some research on this i think

[shavian] 26/1/2006 22:32

Wow, just discovered this one. Well done you lot for getting in at the beginning. This is sector for the decade. Is today's traffic typical.. lots of little buys outnumbered by chunky sells .. IPO merchants taking profit presumably.

[mykai] 26/1/2006 20:01

keeping up the trend

[mykai] 21/1/2006 09:04

i m interested

[mangal] 20/1/2006 11:44

This keeps going up & hardly any interest. Strange!

[pork belly] 20/1/2006 11:28

info only


cheers,porky

[rambutan2] 19/1/2006 23:30

for the record, iem took part in placing...