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Share Name Share Symbol Market Type Share ISIN Share Description
Powerhouse Energy Group Plc LSE:PHE London Ordinary Share GB00B4WQVY43 ORD 0.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.015 0.47% 3.19 3.20 3.40 3.325 3.175 3.18 14,997,547 16:35:07
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Alternative Energy 0.0 -1.7 -0.1 - 119

Powerhouse Energy Share Discussion Threads

Showing 15751 to 15775 of 18275 messages
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DateSubjectAuthorDiscuss
02/1/2020
20:21
elrico says there will be 40% additional shares if the merger goes ahead. hTTps://lemminginvestors.blogspot.com/?m=1
slartybartfaster
02/1/2020
15:17
Agreed that's what I have been saying all along.
whatsthepoint
02/1/2020
15:08
Correct. I don't visit another advfn thread where posters argue over the same imaginary outcomes over and over again. Let's wait for an RNS confirmation and then pull it to pieces :-) Regards
tenapen
02/1/2020
15:02
There will have to be a full explanation for the transaction if they want to get PHE shareholders' approval. A lot of questions need to be answered. I await in anticipation.
vatnabrekk
02/1/2020
14:43
It wouldn't be so bad if W2T had already fully funded their share of costs towards the first 10 or 11 projects with PEEL but as far as I can see they have not. If W2T had then PHE would be buying W2T to get those future additional revenues proportionate to W2T's funded stakes in each project, but as it stands PHE don't seem to be buying back anything in terms of future revenues as PHE will now have to fund W2T's share of future projects in order to get those extra revenues? I think PHE always had the option anyway to contribute extra funding to get a larger proportion of project revenues. Surely they do not need to buy W2T to do that now? Its even worse if you look at W2T's accounts to 30/4/2019. W2T had investments of only £27k and Net Liabilities of £371k. No reference to paid up stakes in any projects or a successful fund raise to help fund any projects. Maybe W2T were unable to raise the funds? The mists thicken even more when you consider PHE presumably renewed W2T's original 2 year contract in early 2019, only to propose what seems to amount to buying themselves out of that contract now and paying a hell of a lot for the privalege. Then also we discover AFC Energy sold their 24% shareholding in W2T back to W2T in 2019 for just £20,000 so valuing all of W2T at just £83,333. This will all take a lot of explaining.
deccer1
02/1/2020
11:24
There is no way the proposed 60:40 takeover ratio can be acceptable to PHE shareholders. PHE already has 1.961 billion shares in issue (15/11/2019) so they will have to issue another 1.307 billion shares to buy Waste2Tricity on the 60:40 basis: PHE 60% = 1.961 billion shares at present (15/11/2019) W2T 40% = 1.307 billion shares to be issued to buy W2T Total 100% = 3.268 billion shares after completion So after the 60:40 takeover there will be 3.268 billion shares in issue, plus more issued on a regular basis to pay other ongoing costs. Write and telephone PHE's Chairman Cameron Davies to demand better (less dilutive) terms for PHE. I suggest 90:10 PHE:W2T.
tewkesbury
02/1/2020
11:05
Not that it probably matters a great deal, but it is the Chairman, Dr. Cameron Davies, who is dealing with the restructuring transaction. David Ryan has stepped back from it because he has shares in both companies. It's probably fair to say that most PHE shareholders will be OK with idea of combining the two companies for reasons already discussed, but the concern relates to the "price" being paid fo W2T in the form of PHE shares. No doubt Dr. Davies is well aware of these concerns, but if anyone feels the need to write to someone, then it ought to be addressed to Dr. Cameron Davies and not David Ryan.
vatnabrekk
02/1/2020
09:39
LOL. Tewkesbury, finally a shareholder with a brain. Spot on.
ken chung
02/1/2020
09:36
Also the market reaction since the announcement is surely saying the market likes the proposal. Voting against it would surely send the share price back to whence it came from.
whatsthepoint
02/1/2020
09:35
You say PHE would get more revenue but overlook that PHE would have to fund what would have been W2T's share of future contributions, which was the whole point of W2T but that has now evaporated, cancelling out the benefits. Also PHE will not get back the originally refundable £20,000 per month they have been paying W2T, which was to be repaid from W2T's share of early revenues, and will also become liable for W2T's large debts.Nothing wrong with voting against and sending DR back to get better terms. In fact it's the obvious thing to do.
tewkesbury
02/1/2020
09:34
Perhaps you should reserve judgement until you have all the facts.
whatsthepoint
02/1/2020
09:33
Well maybe as in the last news we will here more why the company sees it as a good deal. "The directors of PowerHouse believe that the post-acquisition enlarged company will be better understood by its customers and investors, with rights to markets and developments in-house, and will be able to present a clear and unambiguous message about its innovative British technology which provides a solution to the increasing problem of unrecyclable waste plastic. These negotiations are progressing well and are now subject to final documentation. A further announcement will be made in due course as appropriate.
whatsthepoint
02/1/2020
09:27
To be honest I think shareholders should vote against it and send David Ryan back to get better terms for PHE. Why not. Where else could W2T go?
tewkesbury
02/1/2020
09:25
The deal secures more revenue for PHE gets W2T share as well hence the higher revenue expectations as well. I'm sure the circular will help illuminate the reason the board have recommended and signed an agreement for the deal. They are working for the best interests of shareholders after all.
whatsthepoint
02/1/2020
09:22
Well I don't see it as appalling as a shareholder and I for one will be voting for it, as it's far better than no deal. The two companies together are worth more than the sum of the two parts. Unity and more security with known future revenue of circa £5.5 million. A medium term target of 3p and a £100 mil company on known contracts alone.
whatsthepoint
02/1/2020
09:19
My guess is either that W2T might have had difficulty raising cash to fund their share of SPV's because investors didn't like the set up, and are looking to PHE to bail them out, or perhaps this is what they really intended all along as a way of getting control of PHE. We may never know. However the dilution being proposed is appalling for PHE shareholders who have suffered badly all along in my opinion.
deccer1
02/1/2020
09:11
W2T publicity material put PHE's expected revenue from a SPV for one unit at only £200,000 per year.
deccer1
02/1/2020
09:03
Ken Chung It's time to buy not to sell Please save yourself and don't short it.
whatsthepoint
02/1/2020
09:01
No not at all very happy as the future is very bright for PHE. It's Coming out the mushroom farm into the light. !!Surely you can see that being such an avid watcher. Even you must marvel at the future revenue of just for starters circa £5.5 million a year. With the prospect of thousands of plants globally. Easy £100 mil company sprouting from its acorn.
whatsthepoint
02/1/2020
08:59
AFC sold their 24% stake in W2T for just £20k a few months ago so that valued 100% of W2T at just £83k. On that basis the proposed W2T takeover terms should be 99:1 in PHE's favour, not 60:40, but I will be generous and say 95:5. You can still vote against it and the dilution.Lemmings and mushrooms only.
ken chung
02/1/2020
08:51
You must be in a world of pain.
ken chung
02/1/2020
08:31
The proposed dilution is in the price you muppet. Market is very happy with the proposal. It's only you and your negative friends that is upset.
whatsthepoint
02/1/2020
07:36
Lots of dilution proposed.Lemmings and mushrooms only.
ken chung
01/1/2020
16:29
Happy new year! This would be an interesting development for PHE htTps://investors.nationalgrid.com/debt-investors/green-financing/greenfinancing
cmackay
31/12/2019
16:54
Happy New Year to everyone when it comes, including Tewksbury!
vatnabrekk
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