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PHE Powerhouse Energy Group Plc

1.05
-0.10 (-8.70%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Powerhouse Energy Group Plc LSE:PHE London Ordinary Share GB00B4WQVY43 ORD 0.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.10 -8.70% 1.05 1.00 1.10 1.15 1.05 1.15 6,869,866 11:51:45
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Scrap & Waste Materials-whsl 181k -1.43M -0.0003 -35.00 47.81M
Powerhouse Energy Group Plc is listed in the Scrap & Waste Materials-whsl sector of the London Stock Exchange with ticker PHE. The last closing price for Powerhouse Energy was 1.15p. Over the last year, Powerhouse Energy shares have traded in a share price range of 0.245p to 2.20p.

Powerhouse Energy currently has 4,157,414,135 shares in issue. The market capitalisation of Powerhouse Energy is £47.81 million. Powerhouse Energy has a price to earnings ratio (PE ratio) of -35.00.

Powerhouse Energy Share Discussion Threads

Showing 26701 to 26723 of 27250 messages
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DateSubjectAuthorDiscuss
07/2/2024
21:31
Sell, sell, sell.
ken chung
07/2/2024
21:31
They definitely won't build and certify a full size commercial system in 2024 or 2025, and maybe not in 2026, and it could need another £40m+ to do it.

As if that wasn't bad enough, now their patent is being challenged in the courts.

Enjoy the passage of time, dilution and uncertainty.

Lemmings and mushrooms only .

ken chung
07/2/2024
16:59
vatnabrekk,
.
The GetGo system involves 'partial gasification' using 'Thermal Catalysis' to convert the partially treated waste into 'Methane-rich Syngas'.
.
This must be what their claim is based on.
.
See:

haggismchaggis
07/2/2024
15:36
Pump n dump as warbed
firestarter1
07/2/2024
11:17
Dumped 1/2 on the bell . Lucky me
juju44
07/2/2024
11:12
I was thinking that Onunda's claim can't be in relation to the technology of the kiln because a) that's not what PHE's patent is about, and b) if it was in relation to the kiln then the claim would have to be lodged by the liquidators of Mitchell Dryers and not some unconnected company like Onunda.

So I just can't figure out where they are coming from!

vatnabrekk
07/2/2024
10:45
We crossed, but I think we're converging on the same page...
supernumerary
07/2/2024
10:44
vatna - I echo tenapen's sentiment :¬)

Does phe own ip for the kiln lining material? It doesn't sound like it, yet it's absolutely crucial to the reliable operation of the process and I thought it was something they claimed as a key differentiator. That's something I could imagine them fighting over, but control systems?

Most if not all of MD's ip relates (surprise, surprise!) to drying: but there could be something in there for eg diversion of gas flows for preheating or electricity generation. Impossible to know without more information.

As Private Eye used to say - this one could run and run!

supernumerary
07/2/2024
10:37
Just for clarification and to give some information about the essence of PHE's petition which is the subject of Onunda's claim, here's an extract from the RNS dated 15 September: "...the patent is in relation to protection around the control of the heating of the waste within the Thermal Conversion Chamber ("TCC") over several zones to allow the optimum synthesis gas to be produced. This allows the temperature profile in the TCC to be adjusted to give the optimal syngas composition."

So as previously suggested, it is about the process during operation, and not about the design and construction of the kiln. It is difficult to see what claim Onunda can possibly have any on this process, but they must be serious about it because it will be costing them a lot of time and money to pursue the claim through the court.

Question is, what is the connection between PHE's technology for converting waste plastic into energy and Onunda's technology for purifying waste water?

vatnabrekk
07/2/2024
05:58
Thanks as always vatnabrekk, very informative.
tenapen
06/2/2024
23:18
supernumerary, several points I can help you with:
Mitchell Dryers was an engineering company which was constructing the Thermal Combustion Chamber (kiln) for installation in PHE's new test centre which is being kitted out in Bridge End in Wales. They went into liquidation a few months ago and PHE is negotiating with the liquidator to buy the partially constructed kiln so that it can be completed by someone else and installed in the new test centre.

Five of GetGo's (now named Onunda) directors are ex-directors or ex-senior managers of Mitchell Dryers: James Meyer, Brian Scowcroft, Geoffrey Dallimore, Graham Hartley Mitchell and Liz Hodgson(Marketing Manager).

If GetGo's patent claim is to do with the TCC kiln then surely that claim should have been lodged by the liquidators of Mitchell Dryers and not some other company. And in any case as far as I am aware PHE's patent application relates to the actual process of the DMG, the operation and control system in order to produce the required output of syngas, and that it is not about the design and construction of the TCC kiln. So for these two reasons I can only assume that GetGo's claim against the petition relates to the operating technology and the computerised control system.

According to GetGo's web site their technology relates to the purification of waste water, which has nothing to do with PHE's waste plastic to energy technology. So I really don't understand what the point of their claim can be.

vatnabrekk
06/2/2024
21:43
Sell, sell, sell.
ken chung
06/2/2024
21:43
They definitely won't build and certify a full size commercial system in 2024 or 2025, and maybe not in 2026, and it could need another £30m+ to do it.

As if that wasn't bad enough, now their patent is being challenged in the courts.

Enjoy the passage of time, dilution and uncertainty.

Lemmings and mushrooms only .

ken chung
06/2/2024
21:33
Does anyone know what this patent is? I can't see much trace of recent activity in terms of ip.
supernumerary
06/2/2024
21:10
HUI White is not to be trusted
juju44
06/2/2024
20:46
For those who don't follow so closely, these are the Onunda directors:

I only recognise the White name but of course can't confirm that he's anything to do with the Whites here, although I have to say I'm not a great believer in coincidence in these circumstances.

It really feels like a skirmish in the battle for control, but if so, how can it not be a group of bald men fighting over a comb?

The plot thickens!

:¬))

vatna - 'Mitchell Dryers'? I must have missed something along the way. Give us a clue...

supernumerary
06/2/2024
19:11
tenapen, I don't believe that Andrew White has anything to do with Howard White, just a coincidence. However, there are several GetGo directors who were directors of Mitchell Dryers. Is that a coincidence?
vatnabrekk
06/2/2024
19:04
One of their 7 directors goes by the name Andrew white. Surely a coincidence and not related to the 17% shareholding family - whites. They used to hold more powerhouse energy shares Mmmmmm ! Interesting to see Howard white now holds less than 1% = 0.74% to be correct mmmmmmm !

Holder Amount Percentage
White Family* consisting of: – 743,757,099 17.86%
* Josh White 307,785,185 7.39%
* Ben White 190,741,532 4.58%
* Serena White-Reyes 214,584,086 5.15%
* Howard White 30,646,296 0.74%

tenapen
06/2/2024
18:47
Name changed.
tenapen
06/2/2024
18:23
So GetGo are proceeding with their claim. I must say that surprises me, as I cannot understand how they can have a genuine claim on the patent. Are they deliberately trying to put hurdles in the way of PHE? This court action will be costing them a lot of money, so they must be serious.
vatnabrekk
06/2/2024
09:36
That's the gap closed . Can it make any progress now or is it pump party over already
juju44
06/2/2024
08:03
Today is the day either get-go get going or get lost. Positive result for PHE is surely an additional lift to sp?
allinforabigprofit
06/2/2024
06:38
One day Rodder's .......


We know it's taken sooooo long and the past directors have taken the P*SS out of shareholders. But we look forward as the past has gone. If you don't fancy PHE look elsewhere - there are lots out there.

In Paul Emmitt we trust.

----

From the perspective of PHE, I regard these events as just another stage in the journey of a company which is developing and protecting proprietary technology which is sufficiently exciting to attract the attention of others who can see that it holds value."

tenapen
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