Powerhouse Energy Share Discussion Threads

[skinny] 03/6/2020 08:16

Marked down for reporting an RNS - how strange.

[tenapen] 03/6/2020 08:12

Also i see that lucky Jim is back ..... again. From january 20 tenapen - 26 Jan 2020 - 18:59:11 - 11917 of 13164 PowerHouse Energy - The New Positive Thread - PHE Yes, it's interesting to see that lucky Jim is being followed by and is following the poster superg1. Followers of this thread will remember superg1 was a regular visitor, telling us the tech would not work but gave no evidence to why he was qualified to make the claim, a lot like lucky Jim !. A coincidence .... No A concerted effort to discourage investors..... Yes. IMHO Do your own research and never gamble what you can not afford to loose. Regards.

[tenapen] 03/6/2020 08:11

Its often seen as a positive thing. They are buyers of PHE, all be it at a lower price, but still buyers. They may be buying to sell or hold ! thier call.

[phoenix36] 03/6/2020 08:04

Does this devalue the stock we hold? Was jackknife correct? Do you think now the price will tumble?

[skinny] 03/6/2020 07:04

Issue of Equity. PowerHouse Energy Group plc (AIM: PHE), the UK technology company commercialising hydrogen production from waste plastic, announces that the Company is issuing 2,003,502 ordinary shares of 0.5p each in the Company ("Ordinary Shares") further to the exercise of warrants at 0.5p per Ordinary Share. Application has been made for the admission of 2,003,502 Ordinary Shares to trading on AIM ("Admission") and it is expected that this will occur on or around 9 June 2020. These shares will rank pari passu in all respects with the Company's existing issued Ordinary Shares. Subsequent to the issue of Ordinary Shares, the Company will have 2,070,610,416 Ordinary Shares in issue. PowerHouse has no shares in Treasury, therefore this figure may be used by shareholders, from Admission, as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

[beeezzz] 02/6/2020 21:54

Jak ...Do you mean 'Air Products' Teesside No1 plant blow a hole in the side of container, engineers said the project was too ambitious in terms of size. There are smaller gasification plants on this design working in other countries..

[iamgreat1] 02/6/2020 13:53

Already has gone up through pumping now dumping

[jaknife] 02/6/2020 13:19

I particularly like this comment "I personally feel that the balance needed for this technology to progress is unattainable. For PHE it is a dream to come true, but the directors must know it will never be achieved, as they must know the downside but only want to listen to the upside. It is like a drug, once you are hooked, for various reasons you cannot walk away. However in this case, innocent people get hurt." Some shareholders treat buying and selling shares as their "drug"!

[jaknife] 02/6/2020 13:16

This link nivison? Https://www.voxmarkets.co.uk/articles/powerhouse-energy-technical-director-online-speculation-70a2406/

[juju44] 02/6/2020 13:11

This share is all about potential . If they get it right the price will rocket .It is just all happening so slowly

[nivison] 02/6/2020 12:25

if you want to read David Ryans replies to the questions raised by an 'alleged former employee' of Pyromex regarding the Powerhouse processes just google 'VOX markets 16th August 2018 Powerhouse.' All the familiar questions are raised with associated replies.

[tell sid] 02/6/2020 12:19

Alpha Growth (ALGW) looks interesting: - Tiny £3m market cap. - Three directors just bought shares (29/5/2020), - Another investor (Mark Ward) stakebuilding over 3% (27/5/2020, 21/5/2020, 6/5/2020). - $100m revolving credit facility about to be finalised - worth 30x the market cap. ALGW could 30x bag.

[jaknife] 02/6/2020 12:14

vatnabrekk, Did that company also make fraudulent statements in its prospectus? JakNife

[vatnabrekk] 02/6/2020 12:10

I can think of at least one other company that has a MCAP of over £1 billion and is unlikely to make a profit for at least 3 years, so it seems there would be nothing out of the ordinary if the PHE-W2T merged company reaches a MCAP of well over £100M.

[iamgreat1] 02/6/2020 12:04

Below 2p is my guess

[jaknife] 02/6/2020 11:59

ArealDetective, You appear to want to dream that one day it *will* work. That's nice. But sadly it flies in the face of the facts. And investors normally base their decisions on facts. I note your comment that this is a "penny stock". But do you understand that at the current 2.85p it's priced at a $59m market cap? And that it's agreed to issue a load of shares to acquire the technically insolvent perpetually loss-making cash-burning connected party Waste2Tricity? Which would increase its share capital by 67% and make the market cap £98m? The combined balance sheet would be less than £0.5m and its combined track record would be nought but a litany of failure. £98m is rather a lot to pay for a dream. JakNife

[smokey 1o3] 02/6/2020 11:57

Seems like some have not picked up on the fact that Peel are to role out the technology in the UK and I am prepared to accept they would not have agreed to fork out £500,000 for the privilege if they were not certain it worked. In case this was not aired here before it brings things up-to-date. hxxps://youtu.be/CY9NS09KWow

[luckey jim] 02/6/2020 10:59

Jaknife, is absolutely correct. The technology that PHE says it owns, it does not. So I do not know how they will charge a licence fee of £500k on each unit for something they do not have an exclusive right. As I have said many times, together with others, the technology that PHE is using does not work commercially. It would be very nice if it did, but it doesent. This is not an excercise to put down PHE it is just stating a fact. For an independent body to say the technology is feasible, is as much as a fact as it is feasible that I could become the next President of the United States, perfectly feasible, but for me, impossible.

[jaknife] 02/6/2020 09:30

ArealDetective, Are you acknowledging that your coal gasification example was irrelevant? It's just that you seem to be whinging about a "pyramid of argumentation" but don't acknowledge that it was you you went off topic. I'm going to assume that you understand the difference between waste gasification and coal gasification now and don't want examples of where coal gasification has been an unmitigated disaster: Https://www.theguardian.com/australia-news/2016/apr/18/queensland-bans-underground-coal-gasification-over-environmental-risk "THEY failed where OTHERS might not," PowerHouse Energy has been developing its so called "technology" now for 18 years (established 2002). It first came to market in 2011 using a fraudulent prospectus which stated: "At the date of this document, PowerHouse has already secured unconditional sales contracts which the Directors believe will generate revenue for the Enlarged Group in 2010-11." Those supposed "unconditional sales contracts" never materialised - hence the original claim in the prospectus was false. And not a single commercial sale has been achieved since listing (lots of MOUs and sales orders have been received but they've all collapsed). The original system was Pyromex, it failed. A new prototype was built in Munch - it failed to prove commerciality. It was "re-engineerd" and third prototype was deployed as a demonstration unit in Brisbane, Australia - the "PHE G3-UHt", it was claimed to be "fully functioning" and that it was being demonstrated but no sales were ever recorded in the accounts. It was relocated to the UK and the fourth version was built at Chester. It was demonstrated to the public at large but (a) was never run for extended periods and didn't burn "waste", instead it used tyre crumb as a feedstock, which is NOT a waste product. Four units have failed to prove commerciality and so now we're onto the fifth. But don't worry, there's a piece of paper somewhere which has the word "feasible" written on it and just because PHE has failed four times and Air Products couldn't get it to work after wasting a billion dollars .... But as you put it, miracles can happen, just because PHE has a litany of failure and fraud (claiming "unconditional sales contracts" in a prospectus) doesn't mean that the tooth fairy might not deliver a solution to the key engineering issue. But sadly I stopped believing in tooth fairies over 40 years ago! JakNife

[iamgreat1] 02/6/2020 09:17

Over valued junk

[volsung] 02/6/2020 08:29

Couldn’t resist buying more for 2.7 p. Defo my last purchase for a while. Promise swear!