Proton Motor Power Systems Share Discussion Threads

[juju44] 12/10/2021 09:01

This collapse is unreal . Looks like I bought a dog here

[tenapen] 12/10/2021 06:00

I don't think having a private backer charging 3% over LIBOR is dodgy !, the other option would be going to the markets for funding (dilution) but these lot want meat on the bones.


I got no reply to my email to PM, if anyone else wants to have a go, they may well have taken offence at my blunt wording.


I remember a Brokers note giving a 195p price target for PM - Funny - NOT

[wageslave] 11/10/2021 23:01

"Motley fool" tips aren't great.

[staffchief] 11/10/2021 20:17

“2 cheap UK shares (including a top penny stock) I’d buy in an ISA”
By Royston Wild of the motley fool
Wednesday, 25th August, 2021

This seems a good article on pps although it forgot to comment on the doggy or unique funding structure of pps

[skinny] 11/10/2021 17:38

Hmmmmm - highest volume since April.

[joshgroeny] 11/10/2021 17:28

Seems to be a race to the bottom here.

[shrout] 11/10/2021 13:28

Herr Gierse's £70k purchase at 105p looking pretty sick at the moment.. as are my much smaller purchases averaging over 70p.

I notice no director purchases since February. Surely if they were good value at 20p they'd be piling in now.

[skinny] 11/10/2021 13:11

UMSTRO deploys fuel cell-powered energy trailer.

[skinny] 11/10/2021 12:41

Lets hope we are near the bottom.

[flc] 11/10/2021 12:27

All the fuel cell stocks appear to have tanked since the stellar rises last year so appear to be well out of fashion. As you say above, main issue is trying to commercialise the technology but I am sure the sector will be back in vogue at some point...will sit and wait a bit longer.

[pugugly] 11/10/2021 12:05

StaffChief - So far as I can see they are still haemorrhaging cash - That may be why - Turnover is vanity - Profit is sanity -

[staffchief] 11/10/2021 11:57

It is very odd for the share price to free fall endlessly, given repetitive orders and positive articles as recent as August 2021

[flc] 09/10/2021 14:07

Been on my watchlist for over 6 months..seem to have hit the bottom..any views? They should be funded for the next 12 months+ following loan extensions and have growing order book and c45m in quotes out. Only downsides I can see are wafer thin margins and very long sales cycle. Also wonder if the current market popularity for lithium has taken a bit of the shine off PPS. At current level it looks a solid long term hold.

[tenapen] 08/10/2021 14:16

I agree it's been downhill ever since they announced the appointment of Mr Bossi who will be incharge of corporate affairs.

Just wondered where you had read about the 700m.

Regards.

[wageslave] 08/10/2021 13:56

Think that's the overall debt, however am sure they will be looking for funding from various avenues as still heavily loss making and raising funds in an environment of rising interest rates is challenging. In sure you'll agree something is going on that has pushed this back to 2019 levels.

[tenapen] 08/10/2021 13:41

Wageslave,

Please show me the figures you have to know he is down 700m.

Very interested

[tenapen] 08/10/2021 13:39

Do you really think that after weeks of constant selling, the mm would take 400k shares at mid !!! really ?

[wageslave] 08/10/2021 13:29

Perhaps something is brewing. The guy who funds this company could want to get new funding in as he is 700m down right now and may be reluctant to spend more or want some repaid.

[staffchief] 08/10/2021 13:18

Must be a sell. So was the 2x50k at around 12:38. Not sure what the sellers knew and what have made them so worried that they had to sell at such a big loss assuming they weren’t in the game years ago

[juju44] 08/10/2021 11:54

400k trade looks like it may have been a sell

[juju44] 08/10/2021 08:58

Very oversold so I bought in yesterday. The buying is picking up and you have to be hopeful of recovery soon

[wageslave] 07/10/2021 13:11

People still selling.

[volsung] 07/10/2021 12:57

Dunno why the price keeps falling on this
Bought another few for 22p but my patience is wearing thin

[juju44] 07/10/2021 10:20

So bombed I had to buy

[horneblower] 06/10/2021 18:52

volsung, absolutely. After a classic 2-phase bear run, a bounce initially to 40p is a strong likelihood.