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Ariana forecast 47% rise in Kiziltepe gold production


Ceres Power Share Chat (CWR)



Share Price: 12.35Bid: 12.25Ask: 12.70Change: 0.05 (+0.41%)Riser - Ceres Power
Spread: 0.45Spread as %: 3.67%Open: 12.35High: 12.35Low: 12.35Yesterday’s Close: 12.30


Share Discussion for Ceres Power


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davsk
Posts: 89
Off Topic
Opinion:No Opinion
Price:12.00
RE: Recovering
6 Apr '18
About time. Was getting a little worried. 10-11p always too low. Looking forward to more good news (e.g. new OEM partner) and seeing this rise further. Late teens by mid-calendar year would be nice :)
 
Brio
Posts: 15
Observation
Opinion:Strong Buy
Price:11.75
Recovering
6 Apr '18
Slowly coming back up, people realising the big potential of this company.
chilting
Posts: 2,169
Off Topic
Opinion:No Opinion
Price:11.25
RE: very odd share
20 Mar '18
I guess investors are concerned about increased capital costs for the new factory and CWR maybe looking for more cash from shareholders.

Sometimes, though you must look past the short term and consider the long term potential - this in my view hasn't changed and is still excellent !!!
BigMinnow
Posts: 437
Off Topic
Opinion:No Opinion
Price:11.25
very odd share
20 Mar '18
I'd be interested to know what the case for selling this at this level is based on given that the company will have ample cash even after the £4m production costs they outline so they are unlikely to have to raise cash in the short term - can anyone shed any light on this? I must confess however I do hope it stays here until next tax year when I hope to increase my holding!
JohnnyB.Goode
Posts: 1,825
Off Topic
Opinion:No Opinion
Price:11.50
RE: Half Year Report
20 Mar '18
https://www.investegate.co.uk/ceres-power-holdings--cwr-/rns/half-year-report/201803200700062179I/

"Financial

Revenue and other operating income growth over the period has nearly doubled to £3.1m compared to the same period last year. Of this, income from grants has remained flat and the growth is coming from revenue from customer programmes which has more than doubled from £1m to £2.6m. We expect this uplift to continue into the full year.

The Group's operating loss of £6.2m is the same as H1 last year and, looking forward to the full year, we expect the operating loss to be approximately flat compared to the prior year as we invest the contribution from customer programmes into the growth of the business. Our operating costs are influenced by the investment in people - enhancing the Group's operations quality and manufacturing throughput capabilities.

Our equity free cash outflow£ of £4.1 million in the period is similar to that in H1 last year (£4.2m) and would have been lower but includes £0.4 million of additional capital expenditure we decided to invest in this half year as we prepare to expand our manufacturing into additional premises in the second part of the financial year. We expect the cash outflow for the full year to increase slightly from that in 2017, primarily due to expected investments of up to £2 million in the new manufacturing facility, as we will have to invest in advance of the capacity coming on line.

At 31 December 2017 the Group had £13.2m of net cash and short-term investments on the balance sheet, which is sufficient for us to make our initial investment in the new manufacturing facility and secure key commercialisation agreements by the end of 2018. The Group intends to secure additional equity funds before this time.

The directors are confident that we can access growth capital when we need to in order to continue to deliver against our strategy. As well as the Group's strong existing shareholder backing, we are in discussions with a number of global OEMs, which could include strategic equity investment into the Company, as well as significant commercial deals. As set out in note 1 to the statements, the directors believe that the going concern basis is appropriate for the preparation of these financial statements."
chilting
Posts: 2,169
Off Topic
Opinion:No Opinion
Price:12.60
Half Year Report
20 Mar '18
Very positive and endorses the investment case for CWR in the long term.

Big news is a new factory to ramp up production and the capital costs involved.
chilting
Posts: 2,169
Off Topic
Opinion:No Opinion
Price:12.35
RE: Short term
19 Mar '18
CWR are clearly going to need more cash from somewhere, so I guess the fall in the SP reflects concerns by some that it will be the shareholders who are asked to provide funds.
davsk
Posts: 89
Off Topic
Opinion:No Opinion
Price:13.20
RE: Short term
19 Mar '18
I see no good reason for the share price to be as low as it is. I suspect it will respond well on Tuesday's results.
chilting
Posts: 2,169
Off Topic
Opinion:No Opinion
Price:12.00
RE: Short term
16 Mar '18
Not sure why - probably just fun and games before next Tuesday's results ???

The worst it can be is that CWR is after more cash from shareholders.
Folderboy
Posts: 300
Observation
Opinion:No Opinion
Price:12.20
Short term
16 Mar '18
Blip? Dive? Remain confident . . . albeit less than I used to be.




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