Zenith Energy Share Discussion Threads

[errollc] 06/1/2012 09:18

DD I thought this was due to work about 4 years ago!! However it appears we are now close to the starting line and about to set off.....I'm not going to lose faith now.4 years late but there you go! I'd kick myself selling out now when it's all starting to work.

[joeblogg2] 06/1/2012 09:17

Like you duncan, I bought far too many at over 10p thinking this was going to be plain sailing. I have spoken to SC and he appears to be a decent chap and hope this comes good for us all !!

[duncandisorderly] 06/1/2012 09:13

Hope you're right mate.I have a lot of eggs in this particular basket and a few get cracked every day.Best of luck!

[errollc] 06/1/2012 09:09

DD I have sympathy for this view, but don't agree. SC is not in the least bit feeling defeated....why don't you call him and hear for yourself?

As for 'what have they been doing all this time' again I share your frustration, but they are dealing with major companies from several different time zones, with different evaluation and managenent teams and boards of Directors. Each machine costs $3m....so each purchase needs lots of people to agree. This is coming together....slowly for sure, but coming together nonetheless.

[duncandisorderly] 06/1/2012 08:44

Sorry guys but I for one am totally unimpressed with the rns.I thought the German deal was completed months ago and lets face it, that is a poorly written rns.
SC can only tell us so many times how he is speaking to compannies to take the FCL's further and every time he does he sounds a little more defeated.What the hell have they been doing all this time??
Month by month we are burning cash,even at this reduced rate but the company still hasn't got a single deal.
I suppose the directors are laughing as long as they get paid.

[p o n a] 06/1/2012 08:10

"..shareholders will be more fully updated at that time."

Seems they have a lot more to say in February.

[errollc] 06/1/2012 08:07

JC people have lost faith that the business can work....we are trading below cash suggesting there is no enterprise value for the FCL...this is just wrong! The shares have been whacked by a seller (Aquaglow) who clearly doesn't know what he's doing...he's panicking after buying at 10p.

Once a few sales come through investors will start to believe in the FCL business and the shares will fly...a coiled spring comes to mind. Until then I'm continuing to load up! All will be revealed in the coming month or so...

[johncraven] 06/1/2012 07:59

seems good to me how are we trading so low recenty though

[p o n a] 06/1/2012 07:56

Very interesting that results have been brought forward. Usually they are in mid March.

[errollc] 06/1/2012 07:41

Useful announcement, the game is now changing for the better. Zens has no liabilities in Germany (good news) and will receive a royalty for the 2G wire business which has been sold (for very little I suspect). This is new and good news.

The results have been brought forward (good news) and I suspect these sales talks are at an advanced stage.....the shares have drifted because of a lack of news and the general market malaise.

Hard to keep optimistic when the shares do so poorly, but keep the faith (if you have any!).

Feb 10th will mean the management are no longer in a closed period...wonder if that's why the results have been moved forward....so they can buy some more shares?? I wonder if sales are imminent (after Feb 10th??!!).

[keepltup] 06/1/2012 07:18

Nice of them to have listened.

No nasty surprises. They just need one deal secured for the share to be massively rerated - and they are talking to a "number of companies".

[rejawna] 05/1/2012 13:35

sorry guys, most of the sells were mine. sold because the mms will keep the pressure on the share price as we know the news we have been waiting for won't materialize any soon imo. GLA

[dcroston] 05/1/2012 12:48

I hardly call this a sell off judging by the volume today.

Yes, everyone is waiting for game changing news. Some had pinned their hopes on some early orders which I never expected. Those people may have lost patience because of that.

I bought a few more today, I am not under any illusions about what I am buying into even though we are trading below cash value now, this isnt low risk.

I expect they are nearing the completion of scaling up and testing, they were targeting completion in January. I don't forsee any problems with that.

I am hoping that we get some backing from a large established Utility company, a JV would be ideal.

Like everyone else, I wait patiently for news.

Regards,
DC

[mudbath] 05/1/2012 12:38

The "low" price;now 5.67pence to buy;is certainly stimulating some dealing activity.
Might hang back just in case we are going to revisit sub 5pence.

[duncandisorderly] 05/1/2012 12:11

That's what I was going to ask

[joeblogg2] 05/1/2012 12:09

what news john?

[mudbath] 05/1/2012 11:54

Good strategy KeepItUp.
Added a few today @ "just" 5.77 pence.

[keepltup] 05/1/2012 11:38

Their end of year is 31st December. And they report in March.

So a trading update wouldnt go amiss. They should issue one and some sort of progress report to calm investors.

Lack of news is whats affecting the share price.

Investors should email them to issue an update.

[dcroston] 04/1/2012 13:42

I see you are still as miserable as ever Dunc ;o). Happy New Year to you.

[ebomber] 04/1/2012 11:42

Its unfortunately all about cash burn.

When will the fundraising be announced, require a 3-6 month lead time. Oct 2011 £6 million, £333k cash burn per month, £1 million already gone.

[duncandisorderly] 04/1/2012 10:32

Well this is looking like another day of sod all!

[mudbath] 03/1/2012 18:34

Let's hope,dcroston,that the benefits which you have outlined above will be subject to much focus once the targeted full scale MFCL is shown to be effective and/or a surge in the share price brings the spotlight onto Zenergy's strengths and prospects.
Peculiarly,despite the share price supposedly being all over the place for the last few days,it has been a constant that the buying price has remained @ 6.4pence.
IMO a further upward move in the share price to 7.5pence and above would signal a final reversal of the exceedingly prolonged downward spiral.
In this event the coming months might prove most rewarding for holders.