Powerhouse Energy Share Discussion Threads

[whatsthepoint] 23/12/2019 15:29

Well you will miss out then. So be it

[whatsthepoint] 23/12/2019 13:25

Jak why don't you watch the Pee holdings video 50/50/50 Than you might begin to get a clue of where this is going and why it's important to Peel. They have made a commitment and they have ethics and vision and have done more due diligence than you ! Watch and learn This is one you will change your mind on soon enough. Do you not want a solution to end of life plastic. Do you not see a place for hydrogen in the future economy. No I guess you don't as you don't have vision

[vatnabrekk] 23/12/2019 13:12

Ken, you have got that completely and utterly wrong.

[ken chung] 23/12/2019 12:27

I might also surmise potential SPV partners wanted a bigger slice of revenues as payback as electricity generation is a relatively small earner; so previously PHE were going to get 20% and W2T 20%, but the combined PHE-W2T entity might only end up with 30% not 40% of revenues, having to give away 70% to attract SPV partners.

[whatsthepoint] 23/12/2019 12:20

Have you asked AFC if they still have shares in W2T are you confident that this is still the case ? You may be surprised. Also you don't think someone else is encouraging this merger as prt of a bigger picture arrangement Think about it ? All will become clear

[tenapen] 23/12/2019 12:11

"Scruffy sod in red shoes and jeans couldn't even be bothered to wear a suit for the W2T video interview" LOL - My favourite line of 2019 Roll on 2020 :-)

[deccer1] 23/12/2019 12:05

Based on a 60:40 PHE:W2T split, PHE would be paying between £3.5m - £5.8m in PHE shares for something, as KC said, AFC value at zero on their balance sheet for their 24% stake in W2T. Quite a lot just to get back W2T's share of future revenues which arguably PHE should never have given them in the first place but should have been doing that work themselves. PHE would then have to deal with W2T's debt, getting Howard White off the hook. Worringly it would give Howard White a rather large stake in PHE of around 30% and he would probably become a Board Member. AFC would hold about 10% of PHE. Dilutes out current PHE shareholders and PHE will need a share consolidation at some point afterwards, further destroying any small PHE shareholders still left. I would avoid this like the plague. ------ Ken Chung 23 Dec '19 - 11:24 - 11262 of 11266 Another big concern is that W2T's Howard White might get a place on PHE's Board of Directors and then later become CEO finally getting control. Scruffy sod in red shoes and jeans couldn't even be bothered to wear a suit for the W2T video interview. Ken Chung 23 Dec '19 - 08:36 - 11254 of 11266 AFC have a 24% stake in W2T to which they attributed zero value in their last accounts. It will take some explaining why PHE now have to pay all this dilution to acquire what another company recently values at zero. Also why did PHE renew the 2 year contract with W2T earlier this year only then to make provision to buy them out with the AGM resolutions to issue so many more dilutive shares, when they could simply have terminated the arrangement?

[zeppo] 23/12/2019 11:59

Shares. More shares so the price has gone down? But I believe that this is the start of a good year in 2020. If there is consolidation and then possible a Rights Issue, the Rights issue will have to be justified IMHO, with positive information. Also, if there is to be a cash call, any Rights take-up date, would have to be after the planning decision which is expected in February 2020. This is all speculation at present. But after a dilution then any cash call would require information that raises confidence.

[superbarnet] 23/12/2019 11:55

40% of the existing company

[nivison] 23/12/2019 11:39

Am I being a bit dim but does this RNS say how much PHE are paying for W2T? Its the only thing I want to know.

[ken chung] 23/12/2019 11:24

Another big concern is that W2T's Howard White might get a place on PHE's Board of Directors and then later become CEO finally getting control. Scruffy sod in red shoes and jeans couldn't even be bothered to wear a suit for the W2T video interview.

[zeppo] 23/12/2019 11:09

Consolidation is logical.

[brimach2] 23/12/2019 10:19

Everyone should prepare for a major share consolidation together with a sizable cash call when this takeover is finally announced.

[tenapen] 23/12/2019 10:11

Who's logic ? Investors with vision only.

[lagosboy] 23/12/2019 09:53

So the logic is, Phe gave away far too much to W2T so now sensible to get it all back by issuing a shed load of shares - work that one out. The fact of the matter is they can't sell the product, raise any real money after all this time, hence all the corporate shenanigans.

[superbarnet] 23/12/2019 08:53

Filter him as he does not say anything worth hearing

[whatsthepoint] 23/12/2019 08:47

Are you sure about AFC things change !!!!!! They are old facts.

[ken chung] 23/12/2019 08:36

AFC have a 24% stake in W2T to which they attributed zero value in their last accounts. It will take some explaining why PHE now have to pay all this dilution to acquire what another company recently values at zero.Also why did PHE renew the 2 year contract with W2T earlier this year only then to make provision to buy them out with the AGM resolutions to issue so many more dilutive shares, when they could simply have terminated the arrangement?Lemmings and mushrooms only.

[vatnabrekk] 23/12/2019 08:19

PHE had previously given away too much marketing and development rights to W2T. This move will resolve that with a merged organisation.

[cmackay] 23/12/2019 08:08

They must be at the cusp of going fully commercial to make this a worthy pursuit.