Proton Motor Power Systems Share Discussion Threads

[tenapen] 20/6/2023 07:46

Pose your questions / concerns at this afternoon's Webinar - 3pm


Haggis.... sales will overtake cash-burm as Proton Motor become profitable.

[haggismchaggis] 20/6/2023 07:40

The dilution from the loan is 3% of the loan value, but at circa GBP 10 million cash burn a year equals dilution of 6.8% of the MCap per year. That's going to be the case for a few years by the looks of the revenues, so holders could be looking at a lot of dilution over the next few years. It's like a management buyout by stealth, they will own the lot eventually by buying out the remaining holders at no big premium.

[takeiteasy] 20/6/2023 07:35

Thanks for posting - is this what everyone was expecting - we have no analyst papers so rely on more informal feedback

[skinny] 20/6/2023 07:17

Outlook

In the year ahead we are focused on substantially expanding production and development capacity in order to match increasing market demand.

The Board would like to thank all our customers who believe in us, our team of committed employees and our shareholders who have the vision to invest in our mission.

Dr. Nahab, CEO of Proton, commented: "In the year ahead, we will be focused particularly on ramping up production capacity in the new premises and exploiting the current potential order intake and sales and production pipeline.

Posting of accounts and notice of AGM

Notice of the Company's annual general meeting, to be held on 30 June 2023 at 9.30 a.m. BST/10.30 a.m. CET at Proton Motor Fuel Cell GmbH, 7, Benz Street, 82178 Puchheim, Germany, has been sent to shareholders. The Company's audited annual report for the year ended 31 December 2022 will be posted to shareholders shortly and a downloadable version of the annual report and AGM notice will be available on the Company's website, www.protonmotor-powersystems.com .

[zingaro] 14/6/2023 13:21

Be nice if they had put a value on it. Lot of power there - each system is 3 x Hyframes @ 43Kw each. Encouraging that Shell has followed up on its 2021 purchase. Delivery Q1 2024.

[takeiteasy] 04/6/2023 16:08

Lots of waiting with this share .... Will look to see when next results are due ...

[tenapen] 04/6/2023 13:59

Please don't reply to me - I care not if like or loathe Proton Motor. All that matters to me are the forthcoming results, then we will both be more informed.

[tenapen] 04/6/2023 13:57

Hahaha

It's just a hunch, but maybe they are just very busy and they need another plant to expand into.

As I say it's just a hunch -- hahaha

[takeiteasy] 04/6/2023 07:38

On first sight it seems odd to see 2Orders for 2024 delivery and not this year - my only hunch and it is just a hunch for now is that they are trying to ensure they have a pipeline of orders to justify funding of a larger plant to be ready for 2024 perhaps that was referred to in a much earlier press release - the funding for this allNeeds to be made clear though to us all please ! Imvho dyor etc

[volsung] 01/6/2023 08:22

Not much money left in the kitty here.
Placing soon?

[takeiteasy] 01/6/2023 08:20

Thanks and fine for all your comments - but they need to balance near term sales and cash flow with longer term product development to avoid needing to tap the markets for funds - read the CV of our new hire to this point - if we made a point of flagging up our new sales team recently let's see some tangible progress please on that front ...

[tenapen] 01/6/2023 08:10

Poor wee chung.

It didn't realize it was a technical drop in the share price

One day you will get a hang of the markets.

My advice to you chung would be to stop looking / posting on advfn after 10pm and get a life. Sado.

[tenapen] 01/6/2023 06:16

Poor wee chung.

What a sado you are.

Get a life.

[ken chung] 31/5/2023 22:12

Another nice drop.Sell, sell, sell.

[tenapen] 31/5/2023 14:35

Takeiteasy,
If you look at my sister PPS thread you will see the links to nine companies of different sizes whom Proton Motor are selling to. Many of the companies if not all of them are returning customers.

The hydrogen market is still at an early stage and it will take time for the infrastructure to be put in place and the full value of the CleanTech economy to come through, IMHO.

Always do your own research and if PPS isn't for you, fair enough, there are other companies to look at.

[takeiteasy] 31/5/2023 07:37

Yes all sensible, but where are we with developing a strong sales pipeline supported by a larger factoryAnswers please

[tenapen] 12/5/2023 20:16

More on ZEUS (ZERO EMISSION ULTIMATE SHIP)



There is also a video on YouTube.

[skinny] 05/5/2023 13:56

A bit of PR :-

[tenapen] 05/5/2023 10:23

That's why staff are taking shares instead of cash for wages.

[volsung] 05/5/2023 10:11

They are in financial distress tenapen. It is a race against time now