Powerhouse Energy Share Discussion Threads

[schofi2] 30/6/2023 12:22

More buys going through as sells, I wonder why.

[schofi2] 30/6/2023 12:20

Ahh I see there is a certain resistance on this thread to any PHE good news, I wonder why.

[grahamwales] 30/6/2023 12:05

Is that gross profit or net. Also who was the customer that paid them was it PHE.

[ken chung] 30/6/2023 12:03

A fair question:


New Tech
30 Jun '23 - 11:38 - 21701 of 21704

Just out of interest, would anyone like to hazard a guess as to why PHE paid £572,000 for 52% of Engsolve in Jun 2023, when they only paid £99,990 for 48% in 2021; particularly as the Jun announcement did not report a 5x increase in Ensolve's profit in between, PHE presumably accounted for a large proportion of Engsolve's revenues anyway, and Engsolve technical staff could perhaps instead have been recruited into PHE at zero cost. I note that both purchases were classed as related party transactions.

[schofi2] 30/6/2023 11:56

For the year ended 31 March 2022 Engsolve recorded a profit for the year of GBP195,155.

[grahamwales] 30/6/2023 11:49

Are they paying for the land or is it rented? That would be the only reason or are they just getting rid of money lol.

[schofi2] 30/6/2023 11:47

Some huge buys today gone through as sells, that tells a story.

[new tech] 30/6/2023 11:38

Just out of interest, would anyone like to hazard a guess as to why PHE paid £572,000 for 52% of Engsolve in Jun 2023, when they only paid £99,990 for 48% in 2021; particularly as the Jun announcement did not report a 5x increase in Ensolve's profit in between, PHE presumably accounted for a large proportion of Engsolve's revenues anyway, and Engsolve technical staff could perhaps instead have been recruited into PHE at zero cost. I note that both purchases were classed as related party transactions.

[grahamwales] 30/6/2023 11:31

Which bit are you looking at?

[schofi2] 30/6/2023 11:29

Excellent snd positive statements, looking good for the future. 2023/24 outputs should send this one flying.
Just bought a load @ 0.4298 which went through as a sell which proves to me that this share price has and is being manipulated.

[moontheloon] 30/6/2023 08:59

Gross profit? 5m in bank in December. Wonder how much now... When will dilution occur? They have to get a sale or a benevolent JV to survive I'd say.

[tewkesbury] 30/6/2023 08:41

An awful share.

[ken chung] 30/6/2023 08:32

What a disaster.

[allinforabigprofit] 30/6/2023 07:46

All very positive if you see a downward trend to be good. PHE, now punt the company to be another pyrolysis machine kicks it right out EU amp d Scotland unless find existing site?No wonder HUI, turned drug dealer there is no chance they'll build a machine on a fresh site. Dopes the lot of you those that didn't sell when was plus ten pence.

[grahamwales] 30/6/2023 07:14

That's one hell of a write down.

[moontheloon] 29/6/2023 14:01

They haven't got the original product yet never mind a new one ...

[moontheloon] 29/6/2023 14:00

Ive looked old boy cant see jack

[moontheloon] 29/6/2023 11:27

Looks good. What new product

[cash2020] 29/6/2023 06:10

I topped up with 949,988 shares. It went in the sell column though.

[vatnabrekk] 28/6/2023 20:49

Well it’s up today.