Zenith Energy Share Discussion Threads

[errollc] 28/10/2011 15:57

Zen has an FCL in both the UK and US, with the latest sale to Applied S. The FCL in the US Grid worked well but I hear it proved a bit over complicated and SoCal Edison didn't like the fact that it needed to be kept at a sub zero temperature all the time...hence no further sales. However this MFCL is far less complicated and fragile and more compatible with the various grids...I suspect SoCalEdison will be much more interested in the new MFCL. We shall see..

[duncandisorderly] 28/10/2011 14:08

I'm a bit confused because this article read that the FCL was built for GE via Applied superconductor but I Have also read that Southern Californian Eddison also have one.Do they both have an FCL.Happy days if they do as they don't come much bigger than these two.

Zenergy Power (AIM:ZEN.L), the superconductor energy technology company, is pleased to

announce the receipt of an order from Applied Superconductor Ltd (Applied Superconductor) for an engineering study to create a detailed design and model the network impact of a saturated-core superconducting fault current limiter (SFCL) for the 33 kV UK distribution grid.


Fault current limiters are devices that protect electrical equipment in the distribution and transmission infrastructure from damaging power surges caused by excessive fault currents that may arise from short circuits, power generation disturbances or lightning strikes. FCL devices facilitate connection of distributed generation to transmission and distribution networks, where restrictions on fault level contributions are common.


An order for the 33 kV FCL was placed with Applied Superconductor by CE Electric UK under the Low Carbon Network Fund Tier 1 arrangement.


Herbert Piereder, CEO of Applied Superconductor, commented:

"We believe that strategically placed SFCLs will facilitate the connection of both renewable and non renewable distributed generation. They help the electricity network to withstand the consequential increase in fault level without the need for major network reinforcements. We are currently looking at larger scale applications which will lead to improved security and quality of electrical supply at affordable price levels

[warwick69] 28/10/2011 13:21

taken from iii BB thought this was a very good summary post
People are not going to invest here based upon the buys of a director. Many times Directors have been wrong. What people will invest in is the potential, if they spend a few hours digging about then that potential will be discovered.

Cleaver bought is a good thing but the best bit is sell a few FCL's and thats the market cap taken care of, add to that the market of $3bln a year to tap into - take the money from the sells and bang it into the Magnetic Billet Heater with a potential market of a few billion - take the combined monies from the sales of the Billet heater and the FCL and bang it into the development of the 2G wire manufacture process and that will open up a market of billions again - take that development and money and put it into the Hydro / Wind projects with a potential market of billions. All that with 69m shares in issue!!.

The latter stage is a few years away but that's why I have bought. Look at the market cap a couple of years ago - we are so much further down the road. All Zen need to do is prove they have moved on from the Jens Muller days of running a uni and serious investors will start to take us seriously and start to pump in money.

The IP we have is worth millions / billions if we can plan the future right.

Failing all that and if the main investors just want there money then we will be sold and Cleaver will want that value light years away from the current one.

[duncandisorderly] 28/10/2011 13:09

Thanks Joe.It didn't affect the price one little bit so I would of though it was some type of crossing trade and even if it was a sell/buy it was dealt with very quickly.

[joeblogg2] 28/10/2011 13:05

Duncan. No idea but this is what printed from LSE website:
27-Oct-1115:41:2010.25415,000Sell* 10.7511.5042.54kTrade Type:
Overnight trade
27-Oct-1117:15:0210.25415,000Sell* 10.0011.0042.54kTrade Type:

[duncandisorderly] 28/10/2011 13:05

With a 25p price for the tax write off and cash in the bank,not including the IP value which now must of gained considerably this compannies share value can only go one way.

[duncandisorderly] 28/10/2011 12:46

Is that two separate 415k trades yesterday or was it a type of uncrossing trade or similar.

[joeblogg2] 28/10/2011 12:06

With the US links, I am sure we will start to get interest from investors over there!!

[warwick69] 28/10/2011 12:01

11.37 paid on plus market ?

[warwick69] 28/10/2011 11:39

dummy buy for £3,300 11.41 so must only be very little on offer at 11.25 if any MM's still well short here IMHO

[hugh g wrection] 28/10/2011 11:18

I am no tax expert but I do know that losses can be carried forward from an acquired company.

I know of a particular aquisition that was made in the construction sector a few years ago by a major UK plc purely for the tax losses running into several £M's and this is now been used to offset seemingly large profits from turn around situations of distressed devlopers/schemes which the Plc is making. Admittedly, it is using the initially acquired loss making co for these situations.

HGW

[bobby.ifa] 28/10/2011 10:42

A lot of takeovers happens when the acquiring Company is seeking to 'buy' the losses of the Company it buys, as it helps their own Tax position post takeover. Errolic information is very exciting, as I hadn't appreciated they were carrying such losses. More value to us. Love it.

[warwick69] 28/10/2011 10:41

errolc GOSH then even ,more of a bargain at these prices then no one should be selling any until past 25p at the very least? IMHO

[errollc] 28/10/2011 10:33

Also I suspect the larger losses are from the German subsidiary...bless them! The £12m is from the Plc...which does add a further value of 17p to the company. Therefore the company has a 'value' of c.25p currently before the potential value of the FCL.

[duncandisorderly] 28/10/2011 10:31

I definitely know something can be done as a few years back I was involved with a company that got taken over but they were of particular use from a tax point of view.I can't remember the details.I should of taken more notice but I only had a small amount with them.
Happy to leave it to the experts.
Having a poets day today guys as I think we all deserve it.

[bobby.ifa] 28/10/2011 10:23

Sorry duncan, these losses relate to individuals not Companies for CGT purposes.

[duncandisorderly] 28/10/2011 10:22

It does,but Zen has been making huge losses year on year so could a purchaser not roll up the accumulated amount lost in those last five years as a write off in the lager reformed company.Or am I talking tosh,AGAIN!

[errollc] 28/10/2011 10:17

I seem to remember they have total losses of £40m or so, but £12m of that can be used to offset trading profits. As a simple example; if a purchaser makes £36m PTP and pays corporation tax of 33% (ie £12m in tax) then the purchase of Zen would mean, no tax would be paid. Make sense?

[duncandisorderly] 28/10/2011 10:16

Thanks for that Bobby,have just read it.

[duncandisorderly] 28/10/2011 10:15

The total retained loss until June 2011 was 37.5 million.I would of though if it can be done it's worth bidding 44 million just for the losses plus cash,lol.
Not sure if it's correct,perhaps someone else knows about the taxation when it comes to AIM floated compannies.

[bobby.ifa] 28/10/2011 10:12

Tho losses need to have been notified to the Revenue & you can use losses going back 5 years.Once the HMRC have been notified, they can be carried forward indefinately, but they must have been registrered.

[duncandisorderly] 28/10/2011 10:09

The best thing I like about Zen is that yes,It's been going up but it's still ridiculously cheap.
Proven IP in a multi-billion pound market.6.5 million cash in the bank.Multiple opportunities for sales,jv's and licensing plus a very real chance,(imo)of getting taken over.
Does anyone know what their brought forward losses are as I am pretty sure that if a company was to purchase Zen they could use their losses against tax.

[warwick69] 28/10/2011 09:57

best offer 11.5p now i should have taken what was available at 11p rather than putting an order to buy? put hey ho i have plenty, just getting a bit greedy as this feels ready for lift off!!!

[hugh g wrection] 28/10/2011 09:55

Looks like we are set for solid take off after MM games.
backed up by solid orders on the book.
No one is having mine before 25p minimum.

dyor

HGW