Proton Motor Power Systems Share Discussion Threads

[bones698] 14/3/2024 17:01

Confetti share this one dilution, dilution and more dilution coming. Already over 1.5 billion shares in issue mad very little to show for it. More will come to pay the loan and to fund operations. Mkt cap is high for a company making biglsses and not producing much at all with 2.1m revenue. I'll stay well clear of this as it looks to get worse and keep falling. Poorly run

[tenapen] 27/2/2024 09:16

....... The Company is planning to commence production in its new facility by early 2025 ......


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I was only making light of the wording in an earlier RNS. Didn't think for a moment it would take them over one year to kit the new place out and start producing ... but it will.

[bones698] 27/2/2024 07:48

Cash raise rocking very soon why they fail to mention it. This is heading south on those results very poor. Little progress and no uptick in revenues. Seems they are struggling to get new customers. Losses will be huge. Mad cash position dangerously low. Emergency fund raid eat a big discount at 1p coming imo

Mkt cap 46m now looks way overvalued and revenues and losses out of control with no sign of improving. This is not a sound investment even allowing for risk it just looks destined to fall and even face possible admin in the future

Reading the last results this looks a total. Disaster. No cash. Big loan to repay and heavily loss making. It can't go on an swill come to a head very soon either with sale of assets or a very bad restructuring

[takeiteasy] 27/2/2024 07:37

Most important of all and more than a little unhelpful - no mention of cash position. I find this quite extraordinary...

[zingaro] 27/2/2024 07:26

No mention of profit or loss. Last years annual loss was £10.5miliion.

[skinny] 27/2/2024 07:03

Highlights

Financial

· FY 2023 revenue of £2.1m (FY 2022: £2.1m)

· 40% increase in the value of system sales to £2.0m (2022 system sales: £1.4m)

· Total order intake of £2.5m (2022: £2.7m)

· In total, 42 fuel cell systems were delivered during the period (2022: 23 systems)

· Total order book at the period end of £2.5m (31 December 2022: £2.7m)

Operational

· An opening ceremony of the new production facility for the press and other relevant media was held in August 2023

· New HyModule® S4 fuel cell system solution introduced in response to sustained interest in hydrogen technology

[tenapen] 27/2/2024 07:02

Looks like they have been looking at the crashing share price and decided to ..... Say something.

[horneblower] 26/2/2024 13:09

Will be a good bet around 2.5p imo. see post 461.

[cinoib] 26/2/2024 12:59

Skinny, looks like this one is going to the wall.

[arab3] 26/2/2024 12:09

All hydrogen related are down

[newforestlad] 26/2/2024 11:53

Its brutal

[tenapen] 22/2/2024 15:08

::: GROAN :::

:-(

[zingaro] 22/2/2024 15:04

Well, me too, tenapen

[tenapen] 22/2/2024 12:01

Just my opinion zingaro and I hope they have done their own research.

But Yes - Bones is the man as I'm feeling very silly for buying German Rubbish.

[zingaro] 22/2/2024 09:51

Somebody seems to have read your post Tenapen - agreed with it and taken fright.

[tenapen] 18/2/2024 12:15

If you think this share price is bad ! Just wait for the results. The expense of moving plant to the new premises. The lost production caused by the move, and the cost of new machinery will destroy any hope for many investors. Bones is going to enjoy that mornings read.

The six months grace period on rent will have come to an end and so it will be costing PM from now. This is another bad company for keeping investors informed on progress so we just sit and watch our investment disappear.

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Quote; Good progress is being made on the coordination and planning for the transfer of operations to the new facility, which is expected to be operational in 2024. This process is being supported by a rent-free period of 10.5 months from April 2023.

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Operational in 2024 - a full twelve month wiggle room hahaha

[tenapen] 18/2/2024 12:10

Been on the PM website a few days.

It will give PM more contacts but no sales from Genesis anytime soon or at all !

[takeiteasy] 17/2/2024 12:21

Best to close this thread - nothing at all of real note to report and share price reflects this sadly

[tenapen] 17/2/2024 10:38

Just for bones - enjoy


The Proton Motor wall of shame.

Performance
1 day -11.76%
1 week -11.76%
Current month -16.67%
1 month -28.57%
3 months -16.67%
6 months -58.33%
Current year -31.82%
1 year -70.93%
3 years -91.78%
5 years +1.69%
10 years +22.45%

[tenapen] 16/2/2024 19:16

Again Bones,

If you had done some research or followed this thread rather than dipping in to score points you would have seen my reaction to the dilution RNS.

tenapen28 Nov '23 - 07:18 - 467 of 476 Edit

I wondered why the RNs yesterday.

To soften the blow of today's dilution.

A stitch up IMHO

[tenapen] 16/2/2024 18:55

I bow to your magnificence.

BOW bow BOW bow

[bones698] 16/2/2024 16:51

Tenapen your looking quite foolish now as the death spiral financing destroys shareholder value here. Perhaps listen to yourself and do some research next time.
It sfunnny to look back at people here predicting 40p only a couple of years ago who have disappeared now without a trace. Usually happens when they get it completely wrong

[tenapen] 13/2/2024 07:56

WHY WILL HYDROGEN BE IMPORTANT FOR ELECTRIC MOBILITY ON THE WATER?

Available battery capacity will remain a limitation for any long-range or high power application for the time being, so any method of underway charging is welcome for extending range. While solar and wind power are relatively small energy sources unless you optimize your whole boat design just for this, a diesel generator currently is the most common and powerful underway charging option – unfortunately not using renewable energies. Hydrogeneration only works for sailboats, and the vessel needs to sail quite fast to harvest impressive amounts of power. So, today, very few people would probably go for blue water tours without at least a diesel generator which provides backup power for extended motoring and extended periods of poor weather.

In future, renewable hydrogen-based power sources like fuel cells may replace diesel gensets, making hydrogen's high energy density and faster fueling capabilities accessible for electric boats – once prices have come down to an affordable level, renewable hydrogen production is perfected, and the fueling infrastructure is established. These factors are currently a significant obstacle for any international boating with a hydrogen-based range extender. But, it will be a great day when we can avoid climate-harming gensets altogether.

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One day - maybe !

[tenapen] 19/1/2024 07:46

No meat on them bones.

If you had done some research before posting, you would have read that PM raised funds less than two months ago (28th November) at 5.5p.

A £70 million market cap is not just made up of sales, but also of bricks and mortar, plant and machinery, contracts and contacts etc. For me PM is cheap, but as a have loads from a lot higher, I will wait it out.