Zenith Energy Share Discussion Threads

[cn100] 10/2/2012 08:09

sold most and putting proceeds into val - valirx - take a look , talk is a partnership with a major pharmaceuticals company to be announced worth hundreds of millions. will keep some zen incase they can get some orders this year.

[dcroston] 10/2/2012 08:08

I'm talking about the plan to build a prototype errollc

[errollc] 10/2/2012 07:59

dc, what do you mean by scaling up?

[duncandisorderly] 10/2/2012 07:59

It's funny how there are a few new names on here mentioning placing and cash running out.What happened did you sell out yesterday after the rise and want back in on the cheap.
Anyone who knows anything about this company knows a resolution was passed to go up to to 100,000,000 shares and that will not be for the like of us I can guarantee you but for an institutions or jv partner.
Enough cash to last for ages,far more than I had originally thought.

[joeblogg2] 10/2/2012 07:55

you were right dc. question is why bring the results out so early??

[1nf3rn0] 10/2/2012 07:55

"there were significant commercial questions around Zenergy's ability to deliver superconductor technology; notably the time and further investment still necessary to reach full commercialisation. This, together with the on-going running costs of the superconducting operations, was such that the Board concluded the pursuit of superconductor technology was not commercially feasible for Zenergy."

No sh*t. It's a shame the board were so short-sighted they couldn't have realised this a year or two ago. Would've saved a hell of a lot of company and shareholder money. Ho hum. ZEN aren't the only company with financially incompetant people on their board. With a better thought out strategy instead of the mess of operations they've previously had, hopefully they can now progress.

[dcroston] 10/2/2012 07:31

Pretty much what I expected errollc. They haven't bothered scaling up as I thought which is a strong clue in itself.

[mirabeau] 10/2/2012 07:30

Although in a different industry ZEN reminds me of CWR. No debt, cash and a great product but as of yet the product remains unaccepted. I hope that changes, i really do as I believe their role is a moral one.

[granitetim] 10/2/2012 07:29

Funny how the rampers over on LSE didn't post the RNS and have not posted any views as yet
;)

[errollc] 10/2/2012 07:26

Mirabeau, if there is a placing it would a) be at a much higher price than currently and b) probably come from a corporate, possibly at a premium. For once the management have a significant shareholding (c.25% between them). They want the shares to fly this year so they're not going to do anything daft.

[drradcliffe] 10/2/2012 07:17

Yes, a lot of rampers are going to be disappointed. It's going to take time to get orders flowing but the business should come good in time.

[mirabeau] 10/2/2012 07:17

They're going to need a placing before the cash runs out. They have around £5m left in the kitty and that will not be enough to last them for the next 12 months.

If they can secure revenue generating orders then they should be able to raise cash going forward but the market will remain cautious until that happens

Orders and a placing and then I reckon ZEN could be a winner

[gelp] 10/2/2012 07:12

Results show lots of "anticipation".

[errollc] 10/2/2012 07:12

Kitchen sink, everything written down (as I had thought)...nearly 8p in cash and significant interest shown for the mFCL from around the world. These should lead to 'profitable orders' during 2012.

I suspect the shares will come off as some were being puffed into this prior to these results, thinking a JV/sale was going to be announced...I suspect these are in the pipeline and may come sooner rather than later.

Any weakness will present a good opportunity to buy! Keep the faith.

[sul2] 09/2/2012 23:13

opened a spreadbet of £600/penny. Lets see 20p tomorrow.

[shammytime] 09/2/2012 19:10

barnes4 - yes it did. But notice the big buys at the end. This is a typical example of the price being pushed down to enable hefty buys at this price - this will open no lower than 12p tomorrow.

[barnes4] 09/2/2012 17:42

It went down at the end tho?

[shammytime] 09/2/2012 17:23

3 x 100k + trades at the end.

Lots of buys shown as sells.

Significant volume.

Tomorrow should be good :-D

[shammytime] 09/2/2012 15:49

Getting a fair bit of interest now, regular buys trickling through. I'm excited...

[shammytime] 09/2/2012 15:33

pl4yer, that's always a good sign.

Sure fire proof that this is the real deal. I personally think sub 10p days are behind us once and for all

[pl4yer] 09/2/2012 15:24

Not being ramped on LSE which is a surprise

[shammytime] 09/2/2012 15:03

I'd be very surprised if this opens lower than 15 tomorrow

[duncandisorderly] 09/2/2012 14:32

18p if you go by Muddys chart which is pretty bang on.

[dcroston] 09/2/2012 14:23

15p fair value as things stand.

[shammytime] 09/2/2012 14:20

dd - won't be far off ;-) Wouldn't be surprised to see this finish the day 12p today