Powerhouse Energy Share Discussion Threads

[blewco] 28/6/2019 16:19

Hello Vatnebrekk. That's what I found, sounds promising. Thanks to you for posting original document.

[zeppo] 28/6/2019 16:17

Ceres Power have investment from Bosch, Weichai Power and had Nissan interest.

Ceres brought in £50million of funding with development partners.

A major developmental invester could work wonders.

Lets emphasise the positive!

The fact that they are included on a Peel site augurs well.

Peel own the Manchester Ship Canal, Media City, have much of Liverpool's histotic waterfront to develop, major shopping malls etc

They are savvy!

[vatnabrekk] 28/6/2019 16:03

Here's the Wikipedia definition of sogo shosha:
Sogo shosha, or general trading companies, are Japanese companies that trade in a wide range of products and materials. In addition to acting as intermediaries, sōgō shōsha also engage in logistics, plant development and other services, as well as international resource exploration.

[superbarnet] 28/6/2019 15:39

Just bought more as love the potential of the Japanese visit. Even after the rise yesterday the current price is really low.

[blewco] 28/6/2019 14:53

Interesting times!!

[blewco] 28/6/2019 14:51

Hello zeppo.
Sogo shusha seems to be some form buying organisation. If you Google " sogo shosha Toyota" you'll find it's a trading company for Toyota. So it's quite possible it could be the Toyota delegation. They must be serious if they've come all the way from Japan.

[zeppo] 28/6/2019 14:06

blewco

Thank you for drawing attention to:

WASTE2TRICITY IN TALKS WITH JAPANESE GOVERNMENT
THIS ANNOUNCEMENT COMES AS A MAJOR SOGO SHOSHA EXPECTED TO VISIT THE UK PLANT IN EARLY JULY



I missed it as I have filtered so many of these posts that I fail to look sometimes at more interesting posts.

[zeppo] 28/6/2019 14:03

Substantial Shareholders:

Hargreaves Lansdown are the biggest two.

At .004p their investments are £786K and £600K.

People appeared to get let down by Hargreaves Lansdown over Woodford funds.

So perhaps these investments are of little comfort.

[blewco] 28/6/2019 12:29

With reference to post 10310, the mention of the sogo shosha delegation visiting in early July, I wonder if this is part of the Toyota interest. If it is this is very good news.
Any thoughts?

[vatnabrekk] 28/6/2019 09:11

PHE won't be paying 50% of their profits to W2T, because PHE will not be taking part in the SPV project. W2T will be running the project.
PHE will not be putting any capital expenditure into the SPV that will own and operate the DMG system.
But they will receive 20% of the net revenue from the SPV.

PHE will not be giving away any that 20% to W2T.
PHE will not be giving any of its profit to W2T.

[ken chung] 28/6/2019 08:37

Additionally it looks like PHE would need around 17 DMG's running perfectly 24/7 just to pay likely 2020 admin costs. That's years away if not a decade.Lots more dilution coming.

[ken chung] 28/6/2019 08:33

The original 50/50 revenue sharing terms with W2T still apply and even if they ended the relationship tomorrow, they would still apply to all the early projects on which W2T have worked.

[vatnabrekk] 28/6/2019 07:58

PHE won't be paying 50% of their profits to W2T, because that arrangement has changed.
Instead they will not be putting any capital expenditure into the SPV that will own and operate the DMG system.
But they will receive 20% of the net revenue from the SPV.

[nelson5100] 28/6/2019 07:49

Did they supply free of charge the electricity generated on the micro grid as there is no revenue?

How many hours and how much electricity was generated and fed into the micro grid?

[deccer1] 28/6/2019 07:17

Admin expenses risen from £1.8m pa to £2.5m pa, a shocking increase of £700k.Even worse is they are planning to increase staff numbers, further increasing admin costs.I expect admin costs to be £3.2m next time. That would require 17 DMG's to be built and running perfectly 24/7 just to cover their admin costs. That's years away.Yet still no plans to undertake that work themselves they pay W2T to do, and so retain 50% more of revenues for PHE shareholders? What a disgrace.

[scrabster1] 28/6/2019 06:50

Thats a lot of stamps and photocopy paper.

[vatnabrekk] 28/6/2019 00:48

Is that revenue?

[vatnabrekk] 27/6/2019 21:51

Good thing you pointed that out for us.

[vatnabrekk] 27/6/2019 21:36

Were you expecting the revenue to be higher this year, JakNife?

[slartybartfaster] 27/6/2019 21:02

Well it be you will it with your penny a point short. Lol you lemming.

[slartybartfaster] 27/6/2019 21:00

Shock and awe. It's a precommercial company. I thought you were supposed to be one of those sophisticated investors, Jak. You've been hogging these boards trolling PHE for about 6 years and you still haven't worked out the difference between a commercial and pre commercial company.Just think about all those years wasted on bitterness and anger. Sad, sad, sad.