Flowgroup Plc Share Discussion Threads

[little beaker] 11/5/2017 13:33

Yes your middle paragraph was my thinking too.

The fact they are going for a 20 mil capital raise with a 6 mil market cap tells you everything you need to know about their other options

[little beaker] 11/5/2017 13:07

The statement is issued because of "recent press speculation".

What recent press speculation? I haven't seen any... have you? Anyone?

Sounds completely made up. Anyway a 20 mil capital raise on a 6 mil market cap company sounds interesting...

[deadly heisenberg] 11/5/2017 12:59

fROM 60P TO 0p in JQW He was long.



nw99 - 28 May 2015 - 08:44:05 - 131 of 1016 Inside the all new troll free Flow boiler room - FLOW
Doubled down here
nw99 - 26 May 2015 - 07:46:31 - 91 of 1016 Inside the all new troll free Flow boiler room - FLOW
Nothing untoward all on track exciting times ahead


ihavenoclue11 May '17 - 12:28 - 1011 of 1015 0 0
nw991 Apr '15 - 16:30 - 11 of 1009 1 0
Chart looks good for 50p plus

[ugly troll] 11/5/2017 12:57

DO NOT FEED ME FLOW

YUCK

[kooba] 11/5/2017 12:36

The boiler tech is not bogus....not going argue over management competence though!This release from flow would have to be approved by ENGIENov '16As announced previously, a large European utility has been testing our Flow microCHP boiler. The first phase of these tests is now complete and we are pleased to be in a positon to be able to announce that the company we have been working with is Gaz réseau distribution France (GRDF), the French gas distributor and a branch of ENGIE, which employs 154,950 people worldwide, achieved revenues of EUR69.9 billion in 2015, and which provides individuals, cities and businesses with efficient and innovative solutions to take on the challenges of energy's transition to a low-carbon economy.We are delighted with the findings from GRDF's testing of the performance of our technology. GRDF checked the performance of our microCHP boiler as specified and analysed the technology to confirm that it was relevant for the French market. For both these objectives, our technology met GRDF's criteria. GRDF also noted that we had a clear advantage on performance against competing technologies when measured in time from switch-on to generation of electricity, thereby giving an advantage in the heating market where heating systems cycle throughout daily operation.Additionally, a recent report by GRDF stated that some 80 per cent of people surveyed across France are attracted by the idea of microCHP. We believe that the European combination of financial support and consumer demand could lead to significant adoption of microCHP technology in Europe, as suggested by the previously quoted Cogeneration Observatory and Dissemination Europe (CODE) report in 2014 which indicated microCHP could take one third of the European boiler market by 2030, a market with an installed base of over 100 million.

[1fox1] 11/5/2017 12:34

Yes I agree entropy. Iv'e been questioning if there has ever been a working boiler for a while. One of the main things that convinced me was Jabil taking a large holding in the company. I assumed since they were manufacturing it that it must be a good proposition. I mean why would they take an 8% holding at the last fund raise? Maybe they were promised something in return

[entropy22] 11/5/2017 12:29

If?

They have driven the price down deliberately. I think they want the company to go bust to avoid any future legal action over the bogus boiler. Nobody is this incompetent, It has to be deliberate.

[ihavenoclue] 11/5/2017 12:28

nw991 Apr '15 - 16:30 - 11 of 1009 1 0
Chart looks good for 50p plus

-----------

whoops !!

[1fox1] 11/5/2017 12:22

Yes I agree. Hence why Atlantic Electric and Gas went into administration when they failed to sell that. Like I say he's got form. I would like this companies activities and statements looked into to see if there has been any criminal wrongdoing

[pugugly] 11/5/2017 12:16

The valuation put on the energy business is (imo) way to high - customers are mobile and oftern only chasing the best offers - Churn is therefore potentially v-high. So basically the "customers bought" can move at any time - PLUS of course uncertainty caused by political "energy caps" being punted as part of election mainifestos


Cheaper to buy from a liquidator or recruit your own provided you can structure the offer correctly.

[1fox1] 11/5/2017 12:08

Well if there was a preferred bidder they aren't willing to pay enough for the energy business and go forward with the m/chp business. The RNS statements always seem to have a double meaning. Don't forget this is AIM. It's companies like this one that give it it's awful reputation

[area44] 11/5/2017 11:58

1fox1

You were right about the vague RNS's,and I can't figure how these people think now.

They won't get this idea past Aviva at any vote,so may not go ahead.

They may be some plan not made public yet.I can't see any press comment anywhere - may have been some leak.

[1fox1] 11/5/2017 11:52

Commiserations area44 but I did warn you. The RNS states a significant share dilution to raise 20 million.

[quidzinn] 11/5/2017 11:43

Now @ 1.9p to buy.

Q

[area44] 11/5/2017 11:40

Just seen this - very strange decision - and I'm 7k down.

They don't say how many shares they are going to sell,or what the plan is for the boiler business.

However,I still think Flow Energy is worth £300 per customer,which would be £90 mln,so why can't they sell it?

FLOW is ripe for a takeover.

We are not being told everything.

[deadly heisenberg] 11/5/2017 11:36

I took a few hundred squids after buying morning lows.


I am very scare of losing my gonads here. Could close 1.5p offer

[1fox1] 11/5/2017 11:29

The two Tony's. Stiff or Blair. Tough call isn't it?

[quidzinn] 11/5/2017 11:20

Can now buy 100k at 1.9375p - hmmmm ...

Q

[laptop15] 11/5/2017 11:05

Hi Kooba, geez this has severely got low these days. Is it worth the risk to buy back in or is it going lower? Any bright light at the end of the tunnel?

[parazaradox] 11/5/2017 10:50

Paid a penny only farted

[quidzinn] 11/5/2017 10:43

Disregard the spread. Currently 1.984p to buy 1.92p to sell.

Q

[sooty snipes] 11/5/2017 10:16

Tony Stiff history repeating itself maybe? Atlantic Electric and Gas went into admin after a failed attempt to sell the energy business. The man has got form. He surely has to go. The cow has been milked far too often.

[kooba] 11/5/2017 10:09

Re the boiler in Europe.Any deal in Europe would be a IP licensing deal imho its highly unlikely that Flow would be involved in the manufacturing...though Jabil might ultimately in the meantime they have a liability in the form of the manufacturing agreement with Jabil that they are trying to extricate themselves from it would seem.Don't think you interpret that their hopes of attracting major revenues from the boiler in mainland Europe are changed by negotiating out if this manufacturing arrangement.Having said that there has been zero update on their pilot schemes in Europe...who with and what's the deal??'The next step in achieving this is for a series of microCHP boiler pilots to be rolled out in France, Germany, Italy and Belgium, where we are working with our identified partners. Our strategy for the potential of microCHP regarding market acceptance, price and performance will continue to evolve and be evaluated in these regions and, if these pilots progress as planned, volume sales would be possible during 2018. 'So???Sent from my iPad