Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video here.
Totally agree mrBn. It also allows for installations now where Hydrogen pricing and availability is not perfect yet, will fast get better and of course that is where the SOEC will benefit also to ramp up Green Hydrogen to mix with other fuels. It is very exciting investment!!!
This article backs up very very clearly what I talked about last week. Ceres SOFC technology is going to be a massive earner in the next years as governments and data centre operators basically have to adopt such technology. Grid can’t cope and lower carbon more efficient power is needed.
https://www.euronews.com/green/2023/06/13/data-centres-gobble-up-18-of-irelands-electricity-as-country-struggles-with-climate-target
Mark, I truly don’t believe people have worked out just how big the SOFC potential is with Weichei. China don’t do small and working with Bosch and “China speed” once the deal is signed it is transformative to Ceres
Now Bloom joining in with the 3 of them up on average of 12.5% today. Fuel cell market is, pardon the pun, about to bloom very soon. Have read a lot of articles expressing some parts of the economy that must go down the route of fuel cells and also the economics will send many more that way as the efficiency is excellent for data centres, factories etc. add to that Ceres ability to use carbon reducing fuel to power them and it becomes really compelling.
I will take a chill pill now and watch the month unfold, excitement is about to start in my very humble opinion
Plug and Fcel up nearly 11%. Looking forward to when the first big deal in the US is signed! Remember who they have recently added to the team and where they are based…. All the clues are out there, just joining the dots.
Over 50 attendees from the city nearly all staying for the full 3 hours followed by some drinks and chat with execs!!
Hope you make good money 1863!
Some of the other things that make this so compelling at price.
Well funded for at least 3 years, where before funding runs out revenues are expected to go up hugely with the opening of Doosan and Bosch first factories. The initial volume is expected approx 20 to 40 million per annum and it will be increased and other factories built along with the JV factory that is likely to be faster to market and much bigger in revenues for obvious reasons.
Barriers to entry in time to invent bukld and manufacture against Ceres with 25 years of patents, certification and partners are very high.
Move into US, shipping and many other large economies like Japan, but mostly US are coming “soon”
Consumers want less carbon produced, governments want it and are setting policies to promote it (slower than needed, hence likely to accelerate). The push back on fossil fuel production and companies is growing steam and that will force funds, banks and indeed the Shell and Exxon etc to invest massively in Green energy.
Analysts have average target of somewhere around £10 a share and Citi has Ceres as the best play in hydrogen for Europe, BNP Green fund bought 4% earlier in year. So many other green funds will need to own a piece of Ceres, especially as it joins main market and passive trackers will have to buy.
Really could keep going but I am genuinely not ramping, I believe I am correct and risk my money, your decision should be your own!!
Today and over the next couple of weeks we should see the outcome of the teach in from Friday. Presentation should be on the website soon. The analysts will make their view with a deeper understanding of the go to market model and will accordingly communicate to their clients and fund managers. Having directed go to market at many high growth companies for over 20 years I know just how difficult it can be to get it right. Ceres model of low capital outlay, massive R&D and world class manufacturing / sales and marketing led partners with license fees that repeat and 100% gross margin royalty payments is such a great approach here.
It would be hard to have such an analyst teach in without inadvertently giving some clues about correct state of the deal pipeline or sense of confidence the team have so I believe the next few weeks will be a big tell. Along with anticipated JV signing and move to main market to gain access to more mainstream investors should make for an interesting month or two. Headwinds could be the market itself with interest rates but mostly these are now discounted.
Good luck all, Phat please keep selling!
I never suggested my decision about buying shares was balanced, I said it was a decision which included the articles about takeover, the massive fall in the shares, thr high revenue and management reassurance for second half. I now question how shares continue to fall if it is such a good takeover target, the two don’t seem aligned to me, especially with MA purchasing 4% while shares fall 20%. Yes of course it means somebody sold them, and if Ashley had paid above the placing price and it stabilised over placing price I would have been reassured. So now I sit on lots of shares with very mixed views what to do
I think people need to be careful to read any balanced view like mine as anything other than what it is. I would love the shares to go up but am also now considering much more the downside possibility to decide if I continue to hold or put it down to a bad decision based on speculation of a takeover. My biggest concern is how can MA buy 4% of the company in the same 2 weeks that the shares fall 20% or so. This doesn’t add up at all to me and makes me very nervous of what is known and being discussed. Without a takeover the shares are now very vulnerable to further falls as consumers tighten belts to prioritise mortgage and holidays over a new coloured T-shirt
Article just read says Britain’s cutting back on most things with clothing in top 3, this over last month. I believe it is access to this type of data often commissioned by hedge funds to understand Macro before it shows in revenue figures is what is happening here. I was hoping for a spending spree to get new holiday clothes but I am getting realistic based on mine and my friends attitude, which is in line with this survey. Interest rates will go up again this month and seems likely 2 or 3 more times, even mooted possible 50 basis points this month to get ahead of inflation as the BOE has been wrong footed again.
When management gave second half predictions they didn’t have all of this latest information and I am worried they can’t now possibly live up to what they said, the trading update this week will either confirm their guidance or cause another big shock to the shares if they soften the cash generation for H2.
I bought a lot at 380 and 360 but am now not so confident it was a good move.
Keep selling phat, I will continue to buy your shares. You have nothing other than a little luck with timing
Hope you are correct, but isn’t it 0.5% you have to declare as shorts, I’ve seen other situations where lots of smaller ones are open. I’m very synical about insider knowledge which is not necessarily illegal.
For example large hedge fund might be tracking retail sector at macro level and know that deliveries or returns are up or down or just get hints from roundabout conversations. Like said, hope I’m worrying over nothing. Todays trading might give some clues as it has fallen over 10% since news of stakebuilding which is contrary to what you would expect on top of the last months falls and the reassuring ceo comments…
This is a tricky one. I’m in mixed minds having already lost some money on 380p and 360p. I am personally sure he wants a board place not to buy the company. I don’t think anything other than the trading update is going to move this and my worry at present is that shorters normally seem to know what will be said before it is said, hope I’m wrong as the only way this is falling is shorting, with the MA buys it would have gone up otherwise. Seen this before on shares where it keeps falling it suggests something known that isn’t public, again, really hope wrong and that there is some validity to the TO stories. Hurt the shorts if an offer made, but I keep thinking about Superdry and Ted baker of similar ilk…
Https://www.bbc.co.uk/news/uk-politics-65846871
This is in my opinion massive news. Might be one of those things that takes some time to get more detail but think it over and you might agree with me. The push into US, the new board member, the massive green subsidies the US has announced and this is the first US deal post brexit and the focus is Green energy.
It is close to a jackpot and the timing of the commercial reach in for analysts tomorrow morning, well timing is everything 🙂.
No rash predictions but I think Friday looks good!
Thanks for the advice 1863, I have over researched this company, the sectors, SOFC, my views on the hydrogen and SOFC economy coming with my government and consumers all on board and tax ground being laid now. I am very happy to keep adding, I didn’t see it coming back to this price, or even near and see its value like most of the analysts covering much much higher. I’m not in a rush, I don’t need the money for 5 years and believe the joint venture is imminent. It made sense to decouple the listing (done in February) so they can get the main listing done. Remember the listing gets big funds and international investors and trackers buying, some of which are not allowed to buy AIM shares. So being listed and then the JV is just as good.
I have seen many good companies or great companies not valued correctly at some points, Amazon, apple, Taylor wimpey and many many more. Ceres will have its years in limelight and it’s markets are only going to get bigger and brighter all imho
1863, let’s keep facts correct. Company specifically decoupled the main market listing and the joint venture such that they can list without waiting for the JV as it is not in their hands.
That said, it is imminent and I’m continuing to mop up cheap shares while we wait.
Will no doubt show later as if done after hours..
Did anyone see trades of £500k just go through!!! Interesting
Anyone who has invested in shares for many years will know things are not always following simple rules. Pure and simple if the CEO is correct for the second half this is the bargain of the year. If he is close to correct then it is still a bargain. If he is totally wrong the shares have already hit the level it would imply unless he is so far wrong it looks silly. Mike Ashley knows how retailers are performing well in advance of the trading update in 2 weeks and he is buying, so am I