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New Chinese distribution contract and a placing at a premium.
“The recent global increase in electricity prices seems, in the Board's view, to support the general market interest for the Group's product offerings and, based on ongoing customer negotiations, the Board anticipates that the Group will secure further new orders”
Hopefully resume trading on 23rd November and an opening price close to the placing price of 15p would be a good start.
Could’ve been a lot worse for us shareholders.
Still no update!!
I agree, hopefully they’ll breathe some new life into WPHO.
Interesting development.
Could WPHO be on someone’s takeover list?
PreSeed Ventures A/S had a holding of 7.5% now sold down to 0%, transaction was today.
Last Friday SEED Capital Denmark 11 K/S sold their 12% down to 0%.
So 20% sold in a week…but to whom?
Interesting- still no news of being lifted out of suspension.
Not the best news that our biggest shareholder has gone from nearly 12% down to 0%.
But then someone must’ve bought them.
Nothing but silence...
Still nothing from this crowd!
I used that form a while back and didn’t get a response
Fully agree. Communications pretty poor.
Thanks 13Martyn.
Yes, shouldn’t be long now.
I got involved the last time they came back from suspension, and ended up touching a 50p intraday high, not initially, but eventually.
Missed opportunity not selling, maybe, but I find it hard to believe that WPHO can’t make some money with all the soaring energy costs.
Wind farm owners should be happy to invest in WPHO’s kit, generating 3/4% more output, with payback within 3 years.
We should hear soon enough.
Results should be published soon.
more like Wpoo than Wpho
Not what we wanted to hear, but certainly not all doom and gloom.
Aim rules are just that, lots of companies have missed deadlines for reporting, as WPHO have been suspended before and came back okay, even touching 50p very briefly I might add.
The interesting bit…
“The order book includes orders from two new customers seeking to replicate the test that was successfully completed for the Vestas V82 turbines on the GE1.5MW platform in North America and two additional turbine platforms in Japan. Similar negotiations are ongoing with three other North American independent power producers ("IPPs") regarding test projects on three additional turbine platform”.
We know Windars tech works, just more patience required.
Forward order book and trading looks robust
Accounts will show a decrease in reported revenues of approximately 50% from 2020
sold my 14,068 shares for a loss.
I can't believe the shambles this company is in.. If you can't even get your accounts prepared on time, well, what hope do you have...
Good luck to the holders.
Windar Photo is basically a leading manufacturer of cost-effective-based optimization companies. It is also listed on the London stock exchange as the best platform and it has a market capitalization of million of dollars. You should check https://www.collegessaywriter.com/how-to-write-an-essay-fast/ for more important discussions regarding WPHOs and more about its market trend.
Intrigued as to why this hasn't taken off. To achieve low cost, has the design been denuded to the extent that technology is no longer able to do the basic job needed, have they lacked the funds or expertise to execute the technical development so that the breakthrough product isn't ripe yet, or has the management team not been able to commercialise a good idea. The latter can't be true, since there are a few successful companies in the field now. I have invested a small amount.
I think more orders to follow. Hopefully the agreement with Vestas will start bearing fruit this year. We have had a couple of orders come through with more expected. Hoping this gains momentum this year.
29,355 shares just sold at 16.5p, are probably the same 29,355 shares bought on the 16th December at 17p.
Not a very long investment then.
Could easily put on 50% with the right contract news, and why wouldn’t other Windfarm owners not want to to buy WPHO’s WindEye kit, that will increase output, reduce blade wear and pay for itself in 2/3 years.
Just looking back through the comments and realised it’s a couple of days past a year since I bought in here.
With the last two orders and hopefully more to come, I wonder if we’ll get a February trading update?
Can’t see that there would be anything but a positive spin to them, WPHO seem to be gathering some momentum, hopefully it’ll continue.
A couple of new job adverts on WPHO’s website this week, seems like the workload is building nicely.
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20.12.2021
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