Intelligent Energy Share Discussion Threads

[dean windass] 11/9/2016 09:18

Interesting concept ..... Peugeot have launched an ebike. Suzuki use an IEH HFC to run a moped. If ebikes end up having HFCs on board so you can go on longer trips without pedalling, when do ebikes become HFC powered e-mopeds? What's the difference and how many people currently buying ebikes will just go and get a Suzuki, HFC powered moped?

[dean windass] 11/9/2016 08:29

Yes Recordz. It takes a fair bit of time to get stuff into consumers' hands. Packaging, bar codes, getting EU type approval, display options, distribution.

It'll be interesting to see how long it takes for places like Maplin, Halfords, B&Q, Homebase etc. to start selling IEH branded hydrogen cartridges and their "own brand" hydrogen cartridges. If the subsidiary of BIC IEH bought a while back has come up with the first "industry standard" hydrogen cartridge connector (a bit like whoever owns the patent on the USB connector) then, a bit like Primus or Gaz butane cartridges, IEH are onto a MASSIVE winner manufacturing first their own cartridges then licensing the design and patents to whoever will make similar "own brand" cartridges ... I presume you will stop at a petrol station on your Hydrogen moped or ebike and get a cartridge of Hydrogen for a tenner, plug it in then ride off. Cars will refill with actual hydrogen.

[dean windass] 11/9/2016 08:08

IEH related content from 2014's

If there's an RNS tomorrow and it's not about drones, embedded HFCs in smartphones (which generate most media coverage you find via google), it'll probably be about stuff highlighted here ... which can be found if you dig deep enough and get past the first 10 pages of google searches .....

"Intelligent Energy Holdings PLC, SSE PLC, and Scottish Enterprise (U.K.) made a $1.3 million investment in IE CHP UK & Eire Ltd. IE CHP UK & Eire operates as a subsidiary of Scottish & Southern Energy PLC and is a joint venture company with Intelligent Energy, specializing in combined heat and power fuel cells"

"Table 5 shows disclosed VC and PE investments in fuel cell-related companies during 2014, totaling $119.9 million.
These investments were made by the following firms:
• The largest investment was made by Singapore’s GIC Pte Ltd (the Government of Singapore Investment
Corporation), which invested $63 million in Intelligent Energy Holdings (U.K.), a manufacturer of PEM fuel
cell systems."

"• In July, Intelligent Energy’s initial public offering (IPO) in London valued the company at £639.3 million
($1 billion). The offering of 16.2 million shares was priced at £3.40 ($5.38) a share, raising £55 million ($87
million) in proceeds. The IPO represented about 8.8% of Intelligent Energy’s outstanding shares.55"

"Additionally, fuel cell company Intelligent Energy signed a two-year, multi-million dollar development agreement with a Japanese automotive OEM to focus on the development of Intelligent Energy’s fuel cell engine technology for compact cars and two-wheeled vehicles, as well as for range extenders.89 "

"U.K. fuel cell manufacturer Intelligent Energy entered into several collaboration agreements with companies in
India in 2014, including:
• Microqual Techno Limited – an exclusive 15-year agreement to provide Intelligent Energy’s fuel cell power solutions to Microqual-installed mobile telecom base station equipment on existing electricity transmission
towers.183
• Ascend Telecom Infrastructure Private Limited – multi-year agreement to provide advanced power solutions, including fuel cell power systems, to reduce both operating costs and the carbon footprint relative to the current traditional diesel generators used to power India’s telecom tower network.184
• Hydro Industries – collaboration with Intelligent Energy’s subsidiary Essential Energy, to support the commercialization of Hydro’s water purification technology across India. The partnership could result in Hydro’s technology being powered by Intelligent Energy’s fuel cells and deployed at thousands of sites over the next five years.185"

"Micro Fuel Cells
Following up on its launch of its Upp™ fuel cell personal energy device in 2013, Intelligent Energy announced
new distribution and sales partners in 2014, including:
• U.S. retailer Brookstone;199
• Apple stores across the U.K.;200
• Telecommunications services supplier Sure stores across the Channel Islands and the Isle of Man;201 and
• U.K. parcel exchange hub, Doddle, for cartridge exchange.202
In November, the Upp™ was named a 2015 Consumer Electronics Show (CES) Innovation Awards Honoree by the
Consumer Electronics Association.203"

[dean windass] 11/9/2016 07:54

Miahkaysor asked "There seems to be other hydrogen fuel cell companies operating in India, what makes IEH so special?"

IEH have been at this a long time. Friday's jump (though I think the share price was driven up to some extent by people who know nothing about IEH trying to get in earlier than others) was bound to happen sometime. This link will take you back 11 years. Quite simply. IEH's technology and work seems to be maturing all at once, a bit like a student graduating after 10 years of study and landing a plum job

I think IEH just got in there early and they have software that manages the HFCs. You need to look through EH's web site thoroughly. Whatever I write here will be seen as ramping so it's important people spend time googling "Intelligent Energy Holdings" plus a load of sensible other words "cars", "drones" etc.. then do the same for "Essential Energy India". IEH have also designed their HFCs to be made cheaply out of readily available, cheap components though IEH PEM patents and materials play a critical part in IEH's future income.

It's a bit like being able to go to Halfords or Screwfix and buy the hardware needed to build an HFC but the membrane is manufactured and licensed by IEH and costs £2.50 per square cm

It's all about the membranes to which many of IEH's older patents apply. You need a special membrane to control the flow of Hydrogen to the HFC as far as I can see. Highly refined hydrogen is expensive but with a membrane only allowing Hydrogen through,you can use all sorts of stuff like Red Potash as a fuel since it leaches Hydrogen as far as I know .... but I'm no expert Miahkaysor and you won't find any HFC membrane specialists on this BB .... however ..... reading this, though it's a bit "dry" might help

ukmanufacturing2015.eng.cam.ac.uk/proceedings/IEEPSRCRPFinalUploadedVersion..pdf

For emerging markets, it's important that "the tech" is doable and repairs and maintenance can be done on-site. Returning units to base might be a pain. Either because of NDAs or simply keeping their good ideas to themselves, I've never seen IEH or E2 outline how they, for example, run an Indian Telecom tower on an HFC or what the fuel is ... or if the hydrogen is made in situ using renewable energy. We're surrounded by hydrogen ... you can just create it pretty much anywhere and pump it into an HFC which is why I went with IEH (since they make stuff that uses hydrogen) and not some of the Hydrogen suppliers. Hydrogen suppliers like ITM will do business but strike me a bit like people going door to door offering to help you breath by selling you air being re-butted by the old "sorry pal, I just breathe my own" retort.

IEH don't just supply HFCs, they run them ... remotely ..... so they will know which of the HFCs powering telecom towers in India have a problem, need servicing, are low on fuel etc.. I think their service agreements will generate increasing amounts of revenue ... you can run IEH HFCs yourself or pay IEH X amount to monitor and maintain them. All Nissan Leaf cars are pretty much constantly in touch with Nissan who monitor the cars for faults. It seems IEH do the same thing with their HFCs.

You can hire IEH to install a load of HFCs to power your offices and they'll monitor them and service them. Apple run a lot of stuff on HFCs and share patents with IEH.

It seems a bit unfair that Henri Winand and others didn't survive the recent turmoil around financing since if maintaining a technological lead meant sailing close to the wind financially, the bit the bullet and kept forging ahead rather than sit there saying "it'll cost money to stay ahead of the game so let's just let the others catch up". It's the technological lead IEH which earns them deals and maybe makes the company attractive to suitors

[dean windass] 11/9/2016 06:58

Rock Star, define ridiculous salaries. If the management knew they were delivering a company that was going to perform as this did on Friday and perhaps beyond, maybe they were being underpaid. Everything is worth what you can get for it. You could hire "Sir" Philip Green to run IEH but if he knows nothing about Hydrogen Fuel Cells, he may not be the best man for a job.

Where do you find the kind of people who can run projects like IEH's? How much should they be paid?

Henri Winand and other members of the old board are no longer at the company though on Friday's performance, it seems they knew what they were doing .... it's just that it took a few events like dieselgate for the rest of the world to "cotton on"

[potential] 11/9/2016 05:36

The event will consist of both presentations by executive and operational management and demonstrations of the technology. The presentations will focus on the new strategy led by Group Chief Executive Martin Bloom as well as provide an update on the restructuring of the business and the commercial opportunities which are being pursued.This must be RNSd before the 21st so as not to give out price sensitive information. You don't do a massive media event and RNS it if it wasn't worthy of note. ..tick tock

[recordz] 10/9/2016 21:59

He wouldn't be able to say when they would be in shops, unless there was something going on behind the scenes.He said a year or less.Thats if he wasn't just speculating.

[rock star] 10/9/2016 20:56

Are the management still paying themselves ridiculous salaries?

[potential] 10/9/2016 20:11

Very difficult to put a price on this but clearly these patents are of interest to Apple and the big players. ...

[dean windass] 10/9/2016 19:43

Maybe between all of us on this thread we can come to some idea what IEH is actually worth?

As far as Essential Energy India is concerned ....

There's the deal between Essential Energy India and Microqual

Then there's the deal between Essential Energy India and Ascend


Then there's the deal between Essential Energy India and GTL worth £1.2 billion over 10 years
www.renewableenergyfocus.com/view/43153/intelligent-energy-in-1-2bn-deal-to-supply-clean-fuel-cell-power-to-27-400-telecom-towers-in-india/

Plus the JVs with the "emerging smartphone OEM" to work on embedded HFCs

The EU project to develop an HFC for use in cars.

The Suzuki hydrogen powered moped which is apparently ready for sale now as it has approval for use in the EU.

Water purification?


then there's the drones (there a JV with a major drone manufacturer)


My gut feeling is a huge upside by actually pinning down a value for the company is beyond me?

What's a patent worth?

What are 1,000 patents worth?

[potential] 10/9/2016 19:27

Great find and shows the potential here. ..Toyota trialed this recently and Apple Samsung looking to be the first ones to crack it...

[potential] 10/9/2016 15:51

Interesting. ...

[dean windass] 10/9/2016 15:38

Thanks potential. I didn't make it clear that even IF Essential Energy India / E2 is sold or de-merged and is no longer part on IEH's "group of companies", whoever owns / runs Essential Energy India will be paying patent licenses to IEH or whoever owns IEH's patents. It's the value IEH have been adding to their patents via their deployment of IEH hardware using IEH intellectual property that means even if the company "failed", shareholders should be protected. Patents used in thousands of deployed HFCs will be pretty valuable.

Even more interesting is the takeover option. I imagine there could be a few companies wanting their hands on IEH. Why should just ONE entity want to get their hands on a load of patents for a technology which looks as if it's going to become ubiquitous?

It's not quite like owning the patent on the wheel but the potential uses for HFCs in all walks of life are almost limitless.

[potential] 10/9/2016 14:56

A compelling case Dean and certainly food for thought. Your experience of this stock as a long term holder is invaluable. Have spent the morning reading back your posts from the Spring and last winter and it is quite transparent that you know the company well. When you research the potential here it is staggering that this is trading even below 50p. It seems like investors have woken up to the potential and with news due on several fronts here it certainly seems that this had a long long way to go. ASOS at 40pNext at 20pYou have to ride your winners. .....and this certainly is one of those.

[recordz] 10/9/2016 14:20

Looking through the trades yesterday,I don't see anything dodgy, although you don't need people spreading rumours about takeovers. It didn't really respond to that though. Theres was a 1 trade aswell, sometimes an RNS comes. sometimes not.

[ieh fan] 10/9/2016 13:55

Posted on the other thread:

hxxp://www.dronevibes.com/2016/09/08/interdrone-2016-revolutionary-hydrogen-cell-long-endurance-drone-power-system-by-intelligent-energy/

Interview with Julian Hughes published yesterday.
We (and our marketplace) certainly seem to be making the news of late.

[ieh fan] 10/9/2016 13:30

I'd personally be surprised and disappointed if a 'speeding ticket' is issued on Monday.
More likely, the exposure from this exhibition and impending launch of new company structure/strategy has created a buzz centred around the recovery story.
We're in a huge growth market and, as has been alluded to above, we're in various different sectors of that market and seeking JV's on a variety of projects.
Ever since the share collapse, this has been a company where the two scenarios were Boom or Bust and this latest market re-rate looks to me to be a sign that the market has finally caught up to the underlying value within the company.

Fingers crossed for good news monday or, at the very least, 'The company is pleased to see that the market has responded to the inherent value of IEH.' etc etc


All IMO of course. DYOR.

[arab3] 10/9/2016 13:21

all sounds great and wish it was
i had a look at phones powered by hydrogen, there is a few links
which mention IEH over the past few years, drawbacks being the size of cell packs, how do you get rid of water vapour, the cost etc, lots of interesting reading
it may be viable or not ,who knows ?

[ibug] 10/9/2016 13:11

Volkswagen in talks with China’s JAC Motor to build electric cars

Volkswagen said the two carmakers had signed a memorandum of understanding to explore the possibility of a joint venture focussed on the research and development of “new energy vehicles”.
8 Sep, 2016, 09.32AM IST


Car suppliers face electric shock after battery assault
Contemporary Amperex Technology, another Chinese battery maker, is planning an initia...

5 Sep, 2016, 12.08PM IST

Electric car startups fueled by Chinese money aim to catch Tesla
Two of those startups are funded by the same Chinese internet billionaire ba...
15 Jun, 2016, 10.42AM IST






ELECTRIC CAR NEWS

[ieh fan] 10/9/2016 13:10

hxxp://www.dronevibes.com/2016/09/08/interdrone-2016-revolutionary-hydrogen-cell-long-endurance-drone-power-system-by-intelligent-energy/

Interview with Julian Hughes published yesterday.
We (and our marketplace) certainly seem to be making the news of late.

[ieh fan] 10/9/2016 13:08

hxxp://www.newsmaker.com.au/news/105081/global-intelligent-energy-storage-systems-market-estimates-and-forecasts2015-2021#.V9P3cNQrKt9

[ieh fan] 10/9/2016 13:02

hxxp://blogs.solidworks.com/solidworksblog/2016/09/intelligent-energy-turned-londons-black-cabs-green.html

[ibug] 10/9/2016 12:49

IEH has a contract to build and manage 26,000 wi-fi telecom towers powered by fuel cells. The indian government also announced last month intentions to make hydrogen energy available for the automotive industry nationwide. And Tata Motors have developed and launched their first fuel cell car.