Energetix Share Discussion Threads

[elmfield] 27/4/2009 12:52

strange yes, but so it is, just sitting, waiting!

[cyberbub] 27/4/2009 12:50

Or the market is being very stupid?

[zap217] 24/3/2009 16:31

£11M cash in bank and a 49% holding in Vphase (VPHA) with a total market capitalisation of £47M. Yet the market capitilisation of the company is only £12.8M. Take out the £26m Vphase holding and Energetix is valued at -£14M. With all the collaboration deals and low cash burn something must be amiss.

[tullynessle] 21/3/2009 09:29

Will the be any opportunity for EGX products - the grid will require additional management to recharge all these vehicles?



PRESS RELEASE

President Obama Announces $2.4 Billion in Funding to Support Next Generation Electric Vehicles DOE Support for Advanced Battery Manufacturing and Electric Vehicle Deployment to Create Tens of Thousands of U.S. Jobs

POMONA, CA - Today, President Barack Obama announced the availability of $2.4 billion in funding to put American ingenuity and America's manufacturers to work producing next generation Plug-in Hybrid Electric Vehicles and the advanced battery components that will make these vehicles run. The initiative will create tens of thousands of U.S. jobs and help us end our addiction to foreign oil. Americans who decide to purchase these Plug-in Hybrid vehicles can claim a tax credit of up to $7,500.

"This investment will not only reduce our dependence on foreign oil, it will put Americans back to work," President Obama said. "It positions American manufacturers on the cutting edge of innovation and solving our energy challenges."

While visiting Southern California Edison's Electric Vehicle Center, the President announced the following:
* The Department of Energy is offering up to $1.5 billion in grants to U.S. based manufacturers to produce these highly efficient batteries and their components.
* The Department of Energy is offering up to $500 million in grants to U.S. based manufacturers to produce other components needed for electric vehicles, such as electric motors and other components.
* The Department of Energy is offering up to $400 million to demonstrate and evaluate Plug-In Hybrids and other electric infrastructure concepts -- like truck stop charging station, electric rail, and training for technicians to build and repair electric vehicles.

By contributing to the reduction of petroleum use and greenhouse gas emissions, these projects will advance the United States' economic recovery, national energy security, and environmental sustainability. Today's announcement will also help meet the President's goal of putting one million plug-in hybrid vehicles on the road by 2015.

Advanced batteries, capable of meeting standards for durability, performance, and weight, are a key technology for plug-in hybrid electric vehicles and other electric vehicles. DOE plans to provide assistance to construct or upgrade battery manufacturing, component, and recycling plants for lithium-ion and other advanced batteries, as well as for production factories for electric drive vehicle power electronics. These agreements will help lower the cost of battery packs, batteries, and electric propulsion systems, enabling manufacturers to establish a thriving domestic electric vehicle industry. These advanced battery factories will also support battery manufacturing for consumer products, as well as military and utility applications.

DOE will also support demonstration, evaluation, and education projects to help develop the market for advanced electric drive vehicles. These vehicles will get up to 100 miles per gallon, achieve a driving range of up to 40 miles without recharging and run much like today's hybrids beyond that 40 mile range. Under this program, the DOE will also demonstrate other electric vehicle technologies such as truck stop electrification to reduce idling, electric rail, and necessary infrastructure. The solicitation covers demonstration projects that test a variety of vehicles, including small off-road vehicles, passenger vehicles, and over-the-road trucks, in geographically and climatically diverse locations.

These projects will be funded with funds appropriated by the President's American Recovery and Reinvestment Act of 2009. Together, the Administration expects these projects will create tens of thousands of U.S. jobs and help end our addiction to foreign oil. The Act gives preference to activities that can be started and completed expeditiously. DOE's approach includes jointly funding partnerships with industry to develop technologies that will support the Recovery Act's goals and accelerate the adoption of successful technologies in high volume production vehicles. More information on the Recovery Act and projects funded by it are available at Recovery.gov

[zap217] 22/2/2009 09:27

Pugugly

Thanks for the confirmation. So I am correct in saying that the holding in Vphase is more than the capitalisation of Energetix.

[pugugly] 20/2/2009 14:31

Cyberbub - From the last accounts they stated (if i read correctly)
Total issued shares in v-phase. 700,113,023
Energetix hold 343,855,008 of the shares in vphase. So have 49.11%
Value.. £18,912,025 with V phase bid price of £0.0550

RE cash flow positive. Hope, hope and hope. I have seen too many "technical breakthrough" companies signing up partners BUT the product does not perform to expectations and the Company gradually fades away, along with our cash.

Hope this helps

[cyberbub] 18/2/2009 22:23

Zap, 55% AFAIR

Pugugly, you can't be looking very hard, they are hoping to come to market with boiler products in the next 12 months and have signed up several major partners. Their other main product, the Pnu, is already on the market and gaining customers albeit slowly. Meanwhile, VPHA are also planning to get their product on the market in the not too distant future...

[zap217] 18/2/2009 13:04

Bought some more the other day at 27p. Yes - a cash burner. But can anyone tell me the value of their holding in VPhase. Ticker VPHA. Thanks.

[pugugly] 17/2/2009 15:34

1p is better than nothing. Having checked the accounts and rns's I find it impossible to make any estimate of when or if the company will become cash flow positive..

at the moment a major cash burner but with very significant liquid funds. However liqid funds can be burnt through very quickly.

[robson1974] 16/2/2009 22:41

they were pumped around by their brokers to all sorts of hedge funds, those guys will sell it at 1p if they want it off their books

[cyberbub] 16/2/2009 21:55

Really, what is going on? Is it a distressed/forced large seller? Or is it the shorters' last throw before they start buying back? Someone is certainly desperate to sell at well below bid, so perhaps the former.

While it's difficult to evaluate how many sales EGX might make at this stage, their products are clearly top-notch and a valuation of barely £10M is utterly ridiculous.

If it is a distress seller, and the company's products really are what they are cracked up to be, and seem to be almost coming to market, then this should bounce back substantially in the coming months.

DYOR

[zap217] 13/2/2009 14:42

Not sure what i am missing either

[elmfield] 12/2/2009 10:40

THINK IT DOES, not sure what I am missing but I am tempted to top up,

[zap217] 12/2/2009 05:52

Doesnt Energetix still own 49% of Vphase. 49% of vphase is 20M pounds plus. Yet market capitalisation of energetix is 14M

[elmfield] 11/2/2009 23:16

yes, just watched newsnight and I think we can safely say we ain't seen nothing yet, depression here we come.

[cyberbub] 11/2/2009 23:11

crazy - two great RNSes and the price drops substantially!

[elmfield] 11/2/2009 07:50

our time will come, imv,

[zap217] 26/1/2009 11:30

More good news today followed by intense inactivity

[zap217] 26/1/2009 11:30

More good news today followed by intense inactivity

[elmfield] 17/11/2008 23:03

no, I am here, long term hold.

[zap217] 17/11/2008 22:32

Am I the only small shareholder in this stock. No ones bought any for 2 weeks.

[zap217] 07/11/2008 12:57

Found it

RNS Number : 4946D
Energetix Group plc
16 September 2008



The culmination of all of the above is that Malcolm Wickes, the Energy Minister, is
currently scheduled to formally launch the Genlec
product on 10 November 2008 and we continue to raise the profile of Genlec through attendance at shows, presentations and exhibitions

[zap217] 07/11/2008 12:39

Just bought a modest 5k. I cant help thinking that I am missing something here. EGX owns just under 49% of Vphase (allowing for small issue of equity in October). The current market capitalisation of Vphase is £50m. EGX £23.6m. This means the VPhase holding is worth just over the market capitalisation of EGX.
That said, exciting times ahead possibly. Thought I read somewhre that the Energy Minister is officially launching the product on November 10, but cant find this anywhere.

[cyberbub] 14/10/2008 00:06

Yes, very good. As I mentioned some months back, I expected a typical price of around £150 including installation costs, I have been proven right with the estimates today of £50 per year and a 2-3 year payback period.

[elmfield] 13/10/2008 07:42

more very good news today.