What institutional investors are you talking about? Apart from the white family (wouldn’t call them institutional investors) the rest of the holders are private investors via trading platforms.
Fact is they rushed through the demo to private shareholders when they should have done at least 3 to 4 months testing with waste products. Not sure what they were thinking as they would have no doubt got a better price if they had made sure they had a working unit using waste and not having to use recyclable materials. |
You're Wrong again.
Institutional investors like what they see and the placing was done.
Retail investors now have the weekend to decide if they want to take part on the retail offer at the same price as the institutions. A 7am or later RNS is nae bother if your a office type but for the workers who do not have access to available funds and a phone at zero notice it's rigged against us. Monday 8am is a level playing field - well done Powerhouse.
In Paul Emmitt and team we trust. |
Yes I agree Graham, not good. |
Bit naughty placing announcement after hours and on a Friday |
Whatever JakNife. |
vatnabrekk,
You're a fool, they suckered you in with exactly the same presentation 7.5 years ago:
You lapped it up then only for it to turn out to be a total failure.
There is no material difference between the status of the current system and the "demonstration" given of the “G3-UHt System” that shareholders rabidly salivated over 7.5 years ago, only to discover that it didn't work (and that Peel Environmental weren't interested in investing into it).
And you've clearly forgotten the comments from the former PHE engineer who explained very clearly why the system could NEVER work!
JakNife |
If it proved that it can process rubber and plastic then it proved that it does what the company claims it does. Technically it makes no difference to their claim whether they used "waste" rubber and "waste" plastic or non-waste materials for the demo, technically and chemically the feedstock is the same so it makes no difference.
If your only claim for the demo being a "failure" is because they didn't use non-recyclable waste, then I suggest that your claim is a total failure. |
vatnabrekk,
"successful demonstration of the FTU."
It wasn't successful, it failed to achieve the very simple basic criteria of showing that it could convert waste to energy.
It's exactly the same scam that the company pulled when it demonstrated the “G3-UHt System”, which was only ever run using tyre crumb.
JakNife |
A Friday after hours RNS.
Institutional Money raised after such a positive capital markets day. Investors like what they see - a success all-round.
Plus
A retail offer for private investors
"Short to zero" says silly wee chung - hahaha
In Paul Emmitt and team we trust. |
Not that it's any of your business JakNife, I don't have a problem with a placing + retail offer to raise a relatively small amount of £1.375M. At 0.5p it's not a massive dilution on a total MCAP of £27M. And the funds are to be put to good use for the development of the business, not just to "keep the lights on".
I will probably take advantage of this low retail offer, and look forward to seeing the share price rise over the next few months when the company issues more good news following the recent successful demonstration of the FTU. |
 £1.25m Placing, Options Grant, Retail Offer & TVR
Vatnabrekk,
Are you regretting your Confirmation bias now?
1. You dissed the ShareProphets article but if you’d read it, then you would have seen that it says in the penultimate paragraph:
”Powerhouse Energy had just £2.7 million of cash at the interim stage on 30 June last year and it burnt about £2.5 million of cash in the 2023 calendar year (including capex). At best I estimate that it has enough cash to get to the end of June 2025. However, it has just built a brand new shiny machine in Bridgend, South Wales, which will have added to the capex and cash burn. I suspect that Powerhouse may already be running on fumes and will want to pass the begging bowl around very soon!”
If you'd read it then you too would have been pre-warned about the imminent bail-out placing, just like the ShareProphets' readership.
2. You circulated the LongSpur “article” that PHE paid for (and edited) and expressed deep love for its amazing words. But where did the LongSpur article explain that PHE was “running on fumes” and would need a placing soon? Was the article deliberately circulated just in advance of the placing to encourage retail interest and thus make it easier for the MMs to forward sell the placing?
What is the point in reading such PR 💩 if it doesn’t tell you the really important stuff?
Do you get it yet Vatnabrekk? You lapped up the LongSpur article but dismissed the ShareProphets one completely out of hand. You made the wrong decision about what to read!
JakNife |
They will be testing feedstock samples for the Australian company shortly, so it will be interesting to see what comes out of that. |
Nope never short anything don't believe in it. But I did say that the m cap was way high at £50 million and its still high but that's my opinion. Only thing they got going for them at moment is low cost base. |
Powerhouse energy - linkedin - are happy to share - Longspur Research.
An unbiased review - unlike the dross from Nasty wee tom winnifred
Mushrooms al-la chung
Kisses |
Ah Graham, have you joined the shorters? |
I certainly wouldn't expect the company to come out with an announcement that the plant doesn't do what it's supposed to do, because lots of people are stating that it does precisely what it's supposed to do! |
Thought PHE would have come out with a statement regarding the recent trial and news that it was a failure.
Market Cap still way to high for a company with very little income and until proven otherwise a product that doesn’t do what they claim. £5-£10 million market cap is where it needs to be. |
Mushrooms al-la chung
Nasty wee toms winnifreds poddles WOOF WOOF |
Respected? |
We are happy to announce the FTU is now fully functioning here in our Bridgend Technology centre! |
vatnabrekk,
"A little bit of info for those who choose to believe the Shareprophets negative rubbish:"
I would make two points:
1. You haven't read the ShareProphets' article and so are not in a position to assert whether it is "rubbish" or "world class amazing research".
2. Powerhouse Energy not only paid LongSpur to write that "article" but they also re-wrote the bits that they didn't like! It would therefore be remarkable if it doesn't say anything other than "PHE is the best company in the world!"
Your post reveals a lot about you that you are (a) willing to dismiss articles that you haven't even read, and (b) lap up as gospel sycophantic articles. You should see a doctor quick, as you have a medical condition known as "Confirmation bias":
JakNife |
A little bit of info for those who choose to believe the Shareprophets negative rubbish: |
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
Hot Features
Premium
