Powerhouse Energy Share Discussion Threads

[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.

[jaknife] 04/9/2019 11:45

Paul, Old posts remembered: =========================================================================== JakNife30 May '17 - 16:35 - 1918 warwick, FWIW, I bought Miton Group for the kids' ISAs. Please feel free to come and tell me what an idiot I am if the share price tanks, or how boring an investment it is if it just boringly plods along. Thankfully I won't have to justify my investment decisions to them for at least another five years so time may make me a genius before the eldest tries to take control. JakNife =========================================================================== warwick6930 May '17 - 16:48 - 1919 Ok you jaknife what price my average in PHE is circa .7 for 130 million shares Let's see who is more successful in 5 years I wouldn't wish your investment Ill I hope you do very well for your kids But you on the other hand are full of it trying to cast doubt on my investments why is that why are you so superior to everyone =========================================================================== warwick6930 May '17 - 17:15 - 1920 So in 5 years they have meandered between 20 and 50p currently pretty much slap bang midway at .375 what are you hoping ?? 10% 20% I thought you were a big clever cheese some sort of share guru that's what you try and give out as the impression everyone should read into your rantings about PHE There must be more to your hatred of pHE than is being given out by your rantings Come on own up why are you such a loud mouth over PHE !!!! =========================================================================== JakNife30 May '17 - 19:45 - 1921 Paul, Obviously I haven't put all of the kids cash into this one share - that would be stupid! They have a wide diversified portfolio of mainly large caps with a little fixed income and then the odd riskier smaller cap stock that displays solid fundamentals such as Miton Group. All LTBH, because I don't like tinkering too much. JakNife =========================================================================== Sadly this little side bet will have to come to an end soon as Miton is going to be taken over. It wasn't a great investment, the kids bought at 37p ish, have had regular dividends and the takeover values it at about 53p ish. But I'd take that every day rather than punt money on an obvious rip-off like PHE. JakNife

[superbarnet] 03/9/2019 14:58

Filter him

[jaknife] 03/9/2019 13:38

As opposed to the "air pie" that you, your children, family and friends will have to eat when they lose all of their money on this clear and obvious dog.

[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!

[jaknife] 03/9/2019 12:26

"working prototype" NOT the latest DMG version as we know that it has been redesigned and no version of the supposed latest version has been built yet. And NOT a version that has been operated continuously for extended periods of time because it's only ever been operated for short periods. And NOT a unit that has been used to gasify general waste, it's only ever been used on pure feed stock, such as tyre crumb. And certainly NOT a unit that's ever been proven to generate revenue because revenue is something that has only ever happened in the wildest wet dreams of PHE's biggest mug punter shareholder. So in summary, they still don't have a fully tested fully functional commercial unit.

[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....

[vatnabrekk] 01/9/2019 20:03

Absolutely right, Jacknife, I have read this RNS so often now that I just about know it off by heart. And the part that you highlight confirms what I have been saying in several posts recently, i.e. that it does not say that PHE must give 50% of its profits to W2T. In fact it could be interpreted the other way round, to say that W2T must give 50% of its profits to PHE. The RNS says that the profits of the project will be shared 50/50. As PHE will not be a shareholder in the SPV for the first DMG project, but W2T will, therefore surely it must follow, using your logic, that W2T will have to share its profits from the project with PHE.

[jaknife] 01/9/2019 17:24

Https://www.investegate.co.uk/powerhouse-enrgy-grp--phe-/prn/agreement-with-project-development-consultant/20170118070000P3807/ "PowerHouse is pleased to announce that it has entered into a Cooperation Agreement (‘the Agreement’) to appoint Waste2tricity plc (Waste2Tricity) as its Project Development Consultant on an initial 24 month contract. The purpose is to cooperate in the development of multiple waste to energy (WTE) plants in the UK using the PHE G3-UHT gasification technology (“G3”), subject to both parties meeting specific performance criteria. The contract may be extended if development milestones are met and is subject to cancellation with a 90 day notice period. The terms of the contract are such that Waste2tricity will initially be compensated in PowerHouse shares for its fees of £20,000 per month to be issued on a monthly basis. 51 per cent. of the shares will be restricted until a final investment decision on a commercial project is reached. Subsequent to successful project development, and after each party recovers its project-related costs (including PoweHouse recovering the expense of the shares issued,) the profits of the project will be shared 50/50. In the event it becomes necessary, each party will provide the other with specialized, externally sourced, personnel at cost + 5 per cent.; such cost to be recovered from the project related costs as defined above." JakNife

[vatnabrekk] 01/9/2019 16:19

I agree that no business can afford to give away 50% of their profit. That would be insane and probably illegal. And that is not what the RNS says. Anyone who suggests that PHE has to give away 50% of its profits to W2T is just mischief-making.

[steverabet] 01/9/2019 16:03

i wasn't the one to (mis)quote on revenue - that should be a moot point anyway - no business can afford to give away 50% of revenue. the more salient issue is that the contract is bananas, no one in their right mind gives away 50% of their profit. but then so much of what phe does looks wrong - suppliers paid in shares instead of cash, speculation on japanese interest, paper thin MOU with 3rd rate outfits arriving at nothing etc. i keep an eye here to see if there is ever anything of substance as i would sincerely like there to be something, but all i continue to see is smoke and mirrors, flogging of dead horses, dreams, and frankly, BS anyway, you keep on believing - i will keep abreast of developments

[vatnabrekk] 01/9/2019 14:49

Steve, why do you keep going on about revenue? Revenue is not the same as profit. And anyway, the RNS does not say that PHE has to give away 50% of its profits to W2T. If that were actually the case then you would be right that it would be insane and unsustainable, but of course that is not the case. That is just a deliberate misrepresentation of the agreement as summarised in the RNS.

[tenapen] 01/9/2019 13:22

50% of something is better than 100% of nothing ! When i used to buy OFEX stocks, the new tech was great but the companies did not have the money for both the tech creation / improvement and a sales force. The early investors used to cry fowl at any mention of a fund raising Durrrr and So inevitably to companies went bust. A 50/50 with W2T focuses both compaies on making PHE a success !. IMHO

[steverabet] 01/9/2019 12:22

giving away 50% of revenues is insane and unsustainable, giving away 50% of profit is just bananas, anyway you slice it, it makes no sense

[zeppo] 31/8/2019 21:21

nelson My interest is in PHE. You appear to be suggesting that W2T always lose money and therefore by association PHE will fail. Is it your 'good deed' to warn people? Are you actually an investor here? Do you have any faith in PHE itself? If you have no faith in PHE's project what is your motivation?

[nelson5100] 31/8/2019 20:48

I am merely asking if you have seen these "history of initiating projects"? Perhaps with your good eyes you can list W2T projects, or are you also blinded about them?

[zeppo] 31/8/2019 20:38

nelson You really should put your telescope to your other eye. You only see blackness. 2017 is very, very recently. If you can't stand the heat - get out of the kitchen. Are you an investor in PHE? If you believe your own analysis take advantage of the many opportunities in this fraught market and place your investment elsewhere.

[nelson5100] 31/8/2019 19:44

From Jan 2017 RNS, "Waste2tricity has a history of initiating projects both in the UK and in Thailand". What were these initiated projects and which were successfully completed? If PHE is in partnership with them then would be worthwhile knowing for any potential investor assessing the business.

[zeppo] 31/8/2019 18:57

Put your telescope to your other eye, Nelson. What is important now is PHE obtaining funding for initial commercial projects. The two main directors, both engineers have both been with the company a relatively short time. Companies in similar areas have benefitted from board changes, as I am confident that PHE will. CWR went through board and other changes and are now getting tens of millions in joint partnership investments. CWR's next Annual Results, due in early October should be very interesting. ITM and AFC have taken years to get to the development stages that they are currently at, but both are very recently able to issue positive statements. Let's see what transpire in the coming months. Those attending PHE's AGM are confident to continue as investors. Patience is sometimes a virtue.