Powerhouse Energy Share Discussion Threads

[superbarnet] 13/9/2019 12:10

Filter him as he is not worth the bother

[nobbygnome] 13/9/2019 11:50

>> jack

But answer the question. Do you think Edison are lying? So you think the statement that they have cash until next June is untrue?

[luckey jim] 13/9/2019 11:42

Wonderful story by Edison of what might happen. But the technology does not work commercially.

[tewkesbury] 13/9/2019 11:35

Also good news for AFC Energy whose fuel cells will be used alongside the gasifiers.

[schofi2] 13/9/2019 10:34

From Edison:


Code

PHE

Listing

AIM

Shares in issue

1.92bn

Net cash (£m) at end Dec 2018

0.8

Business description

PowerHouse Energy designs, delivers and licenses plastic regeneration processes for the generation of hydrogen and electrical energy. It also provides associated customer engineering and testing services, and operational support for applications in the UK and across the world.

Bull

■
DMG technology provides mechanism for diverting waste plastic from landfill.

■
Hydrogen generated from DMG plants may be used for fuel cell vehicles.

■
Electricity from DMG plants complements intermittent supply from wind and solar sources.

Bear

■
Commercial-scale unit not constructed yet.

■
Deployment of DMG units dependent on developer securing funding for developments.



PowerHouse Energy Group is a research client of Edison Investment Research Limited

Over the last 18 months PowerHouse and its partners Peel Environmental and Waste2Tricity (W2T) have put most of the building blocks in place for commissioning the first commercial distributed modular generation (DMG) waste-to-energy plant by the end of FY20. This potentially represents the first of dozens of small sites in the UK and abroad using unrecyclable plastic that would otherwise go to landfill to generate hydrogen for electric vehicles and electricity.

Expanding pipeline with Peel Environmental

In August 2019, PowerHouse signed a collaboration agreement with Peel Environmental. This seeks to develop 11 DMG facilities at sites in the UK, primarily on Peel’s land, including a project announced previously at Peel’s Protos Energy Park on Merseyside. Investors in these projects are being offered a potential IRR of over 30%. PowerHouse will receive fees for each project for carrying out tests on the proposed feedstock and providing a customised front-end engineering design. Additionally, once each plant is commissioned, PowerHouse will receive operating licence fees. Peel estimates the development costs for this enlarged pipeline of 11 sites would be at least £130m. This business model removes the need for PowerHouse to finance the construction of plants, eliminating a major dilution risk for shareholders, and potentially accelerates roll-out.

First revenue-generating contract

Project developers Peel and W2T have already secured a customer on the Protos estate for the electricity and hot water generated, as well as a primary feedstock and back-up supply. They are now working on securing planning and operating permits for the plant, and financing before they can proceed to the construction and commissioning phase. PowerHouse’s first contract, received in April 2019, was to carry out tests on the feedstock that will be used at this site and provide a front-end engineering design for a DMG unit using the site-specific feedstock.

Valuation: Defined route to profitability

PowerHouse has a qualified pipeline of over 30 sites in the UK where DMG units may be deployed. We calculate that it will reach break-even on sales of two DMGs per year. We estimate that deployment on 10 sites in a year, such as those already identified by Peel Environmental, could generate c £6m operating profit.

[nobbygnome] 13/9/2019 10:03

>> Jack

Your comments on the Edison note would be appreciated. It contradicts some of your views. Do you think they are lying?

[cmackay] 12/9/2019 23:14

Valuation: Defined route to profitability

PowerHouse has a qualified pipeline of over 30 sites in the UK where DMG units may be deployed. We calculate that it will reach break-even on sales of two DMGs per year. We estimate that deployment on 10 sites in a year, such as those already identified by Peel Environmental, could generate c £6m operating profit.

[nobbygnome] 12/9/2019 23:02

Loads of interesting information. Oh and look, funded until June 2020! Presumably the bears will say that Edison are lying and that PHE will need to raise funds before Christmas. Just shows that the bears talk a complete load of nonsense.....

[vatnabrekk] 12/9/2019 21:57

Latest Edison report. Loads of detail:

[superd1ck] 12/9/2019 20:04

I am surprised to this share price.

I was expecting 0.005p or administration

[superd1ck] 12/9/2019 20:01

what happened to warwick?

did he sell and not inform the market

[zeppo] 07/9/2019 10:46

Hope to see the update soon.

Weak share price and no news as yet.

[nelson5100] 06/9/2019 08:30

Will the Significant shareholders schedule be updated today as it was last done 5 March 2019 and Aim requires it to be no more than 6 months old?

[ken chung] 06/9/2019 08:04

Down it goes.

[ken chung] 05/9/2019 00:10

Still not built one yet?Lemmings and mushrooms only

[texaschaser] 04/9/2019 15:32

Dying industry. Chinese no longer want rubbish from the west. E.g Pennon struggling with viridor energy generation - cheaper alternatives. Plenty of downside. Unfortunately.

[superbarnet] 03/9/2019 14:58

Filter him

[nobbygnome] 03/9/2019 12:59

>> Jack

You come across as such an angry chap who can't bear to have any of his opinions challenged. I am constantly worried that you about to have a stroke because your blood pressure is up so much of the time.

The point is that the company is only valued at £8 million and if they had done all the things in your long list, the market cap would be way higher. We all know there is not inconsiderable risk in as far as they need to deliver the technical side of the project in the next six months or so. You seem to be unable to acknowledge that the company is now more focussed and really trying to achieve their goals in the short term.

So put aside your angry, dogmatic, blinkered attitude and look beyond the end of your nose. Yes this company is risky....but the current management team stand a good chance of succeeding. I really hope they do because as well as helping to save the planet, you will have to eat humble pie, which you will find extremely difficult.

Stay happy Jack!

[nobbygnome] 03/9/2019 12:00

And in a similar unit being used in Spain for biomass which is also being run at the same temperature. These comments are out of date and you bears better think of new problems to solve....