Powerhouse Energy Share Discussion Threads

[ken chung] 07/1/2020 12:10

Running out of steam.

People getting out to preserve recent gains ahead of the dilutive share issue.

Lemmings and mushrooms only.

[vatnabrekk] 07/1/2020 10:10

Whatever you guys may think about it, the market seems to support the deal. So far anyway. share price going up.

[whatsthepoint] 07/1/2020 09:45

Not really

[ken chung] 07/1/2020 08:42

Its all working out nice for Howard isn't it!

[ken chung] 07/1/2020 08:40

18/1/2017: Agreement to use Waste2Tricity as a 'development consultant', pay them £20,000 pcm in PHE shares and profit share 50/50. W2T is a related party private Company.

- 27/12/2019: PHE to purchase W2T in Q1 2020, using PHE shares at a ratio of 60% PHE: 40% W2T. Subject to PHE shareholder approval.

- PHE has 1.961 bn issued shares (15/11/2019) so will have to issue another 1.307 bn shares to buy W2T on the 60:40 basis:

PHE 60% = 1.961 bn shares (15/11/2019)
W2T 40% = 1.307 bn shares to be issued to buy W2T

Total 100% = 3.268 bn shares after completion (+ presumably more later to pay other ongoing costs).

[whatsthepoint] 07/1/2020 07:40

The acquisition will secure a share of the new Protos site. I believe they will not require any additional placings after the all share acquisition as they will have revenue from the engineering at Protos. And potentially other sites moving to needing engineering services that will also be revenue generating. With W2T in house there may also be other sources of revenue from new overseas contracts and partnerships We know the world needs DMG.

[whatsthepoint] 07/1/2020 07:36

Not when the dilution is for an acquisition !!You don't get it and you are short so don't like this strong rally it's hurting you. You and Ken and a few others have had a long standing agenda to see PHE fail. You are clearly threatened by the disruptive technology in some way. With the backing of Peel things have changed

[deccer1] 07/1/2020 07:23

Awful dilution on the table.

[tenapen] 06/1/2020 21:06

Dh'o


I was getting excited.

[tewkesbury] 06/1/2020 21:02

Nominee accounts not the bank then.

[whatsthepoint] 06/1/2020 20:42

It's on Bloomberg. It is a nominee account so it may be more than one client. But someone via UBS Zurich has been adding substantially since Q3 2019 4% as at 2/12.

[cmackay] 06/1/2020 20:29

Is there a link for the UBS Zurich holding?

[tewkesbury] 06/1/2020 19:18

Are you sure whatsthepoint as there has not been an RNS announcement?

[whatsthepoint] 06/1/2020 16:56

Where is lemming and mushroom man

[whatsthepoint] 06/1/2020 14:37

Ken what do you think of UBS Zurich buying 76 million plus shares

[whatsthepoint] 06/1/2020 14:03

UBS Zurich have accumulated over 4% of PHE shares since Q3 2019 as at 2/12 from Bloomberg average .42

they must be swiss lemmings and Mushrooms

that's an interesting change the first major institution to start accumulating shares

follow the smart money

[tewkesbury] 06/1/2020 12:40

Moving up.

[whatsthepoint] 06/1/2020 12:34

moving upwards nicely

[allinforabigprofit] 06/1/2020 11:59

Was never 20k cash. PHE, at one time didn't even pay the CEO, a salary. That's how dedicated the entire team is I include W2T, believe most of what they spend is out of own pocket. That's a main reason we all know this technology is going to market.

[whatsthepoint] 06/1/2020 11:44

pHE will have revenue from the engineering work to cover current costs for Protos which will start shortly

[whatsthepoint] 06/1/2020 11:43

how on earth can obtaining a grant which is never an easy or short process be seen as the usual AIM set up for a placing

this is the culmination of a great deal of work behind the scenes by the team at waste2tricity

give it the credit it deserves

neither PHE or W2T have ever been able to secure a grant this is a great moment for this project

[cmackay] 06/1/2020 11:09

I've heard the funding is 'secured' for site development, but what is the state of funding for working capital at PHE? It just looks like the usual AIM set up for a placing to me. Hope I'm wrong but seen it all before, and I can imagine the merger will be an expensive process.

[whatsthepoint] 06/1/2020 09:40

nice consolidation ready for a test of 0.60 soon im sure the chart is skys the limit after that

[colinzeal] 06/1/2020 09:09

"Cheshire and Warrington’s Energy and Clean Growth Strategy shows leadership in this area, one that the rest of the country should look to”. Won't be long fellas, soon everyone will want to tie themselves to this company. Green is the new black.