Newsflash for the Snoozers ? Part 20

Monday, 15th August 2016 11:54 - by Moosh

Proton Power Systems (PPS) recently provided the market with a trading update informing the market that revenue for the current financial year is up 250% on the previous year. PPS also reiterated to the market that long term revenue visibility is present for many years to come. This woke the market up following the recent wins of orders earlier in the year.

The company also stated that it has 3 main markets for its fuel cell systems – stationary, mobile, and maritime markets. I look forward to future orders received by PPS for these separate markets. In order to build up long term support amongst shareholders, I would like to see PPS acquire at least one new order (which doesn’t necessarily have to be large!) every 2-3 months from each of the markets it is targeting. Given that the world is a large place and with 3 distinct markets as the focus, I don’t think it’s too difficult a thing to achieve from the company if they can organise their orders and clients accordingly. For any larger orders, I think it would be better if the company could suggest to the larger clients to split these larger orders over a longer time period and then advise the company (and therefore the market) of filling these orders over a prolonged timeframe, which would be beneficial to both the client (to avoid having to pay large amounts in one go) and PPS, which can then fit them in appropriately with the infrastructure currently in place, alongside the other orders the company are satisfying.

The Writer's views are their own, not a representation of London South East's. No advice is inferred or given. If you require financial advice, please seek an Independent Financial Adviser.