Congrats PaulyC, I too have been in as long and have thought about cashing in a lot these last few days. Can't quite pay the mortgage off... About 70% of it, though.
I sliced off 5% at 4.00 and invested elsewhere.
I'm in this for the long term, sure, it might drop to a quid. But I've believed since 2008 that the potential here is massive and I still belive it now. In 10 years fuel cells will be everywhere, your boiler, your car, the bus, train and tram you commute in. They'll be in data centres and ships, as backup power for telecoms and as generators on building sites... The list goes on and on.
CWR can put their IP into all these...
Sure, IP might be worthless and ill be crying over this message in a few years.
Or... I'll see you all at the £10 party in a few years. Haha
I'm long, 10 years till 50...see where we are then.
Bunti - I agree comparing Market caps is not sensible - 1 v 1 certainly, but comparing across an index can tell you a lot. Show me any other company on AIM, with a market cap as high as ITM and Ceres with equivalent revenue and EPS figures? (no doubt there are some, just not many!!) I guess this just shows that investors see huge opportunity here? Which I agree with, I've been here for what feels like man and boy and my plan was always to hold until profits. My problem is I wasn't quite expecting this level of return before profits! Anyway, nice problem to have!
In terms of market cap, I think it's fair to say a lot of opportunity is priced in right now. The companies that surround ITM and Ceres, with similar Market Caps, are all much bigger fish. They all make significant profits for a start.
That said, I'm confident these two gems could outstrip the lot of them within a few years. Certainly, they'll justify their current cap.
Take AB Dynamics for example, ranked one higher (in terms of market cap) than ITM. They have revenue of 57 million and 10 million profit. I can easily see both ITM & Ceres hitting these numbers within a few years. Take in to account market size and it's not hard to see how they should go well beyond such figures.
If you invest with the purpose of holding long term, I don't think you'll go far wrong. That said, DYOR and don't invest more than you're comfortable losing!
Dontfret, you clearly don't read the boards in 'threaded' view! Try turning it on, it will help you understand the conversations better!
I've already said what my review consisted of, I mapped all of IP Groups holdings and ranked them by earnings per share and cash burn. XSG were bottom of that list. I was spooked - enough to think I'll leave them alone.
I posted it here, for others to comment on. To tell me why it's not a concern to them.
Dontfret, your post history is full of garbage, you're a ramper..
"BOOM BOOM (basil)" "16.50 about to be taken out" "Bring it on. Three bags already. Want at least another four!"
I've yet to find a post where you say anything actually useful! If you believe the earnings per share of this stock is nothing to worry about then say why? I'm happy to be informed.
I wanted to alert others to what I've seen, that XSG are the worst performing, in terms of EPS, of all IP Groups holdings. That spooked me. You might not like the info, but I thought it useful so I posted it.
I'd want others to do the same for stocks I'm in.
What ****es me off on these boards is muppets who post bllx like:
"Not sold any from 4p. How’s that for balls of steel (rocket you tried to make me sell earlier) naughty boy" "Not just that. The royalties in this are immense! This is just the start" "We are up 6%! He best order more toilet roll ;)"
yet every single one of your posts is ramping! Not a single one supplying any useful information to other investors... why are you here if not to ramp? Show me one post where you've tried to make a positive contribution? Above:
"Called it well , We must have some news next week ?" "My buy is showing up as a sell !" "Why sell now ! Because someone might make a bid ???? Holding to the end"
I would have thought an SXX investor might appreciate a bit of pessimism on a board??? Mind boggles.
RE: Nigel Williams, of the National Grid09 Feb 2020 22:57
Taverham: Here's what I know.
Ceres are now intellectual property only, so other companies are working on the end solution but in essence:
Ceres's steel cell is a 1KW unit that would replace a typical homes boiler. Their early example units were the same size as a UK combi boiler, the idea being a straight swap could take place.
The unit would be connected to mains gas, as normal, but instead of burning the gas, it is passed through the fuel cell. At this point the fuel cell generates electricity. This electricity is then fed in to the house or, if not required, back in to the grid. As mentioned by others, the electricity generated is ~1KW.
The bonus part is the heat exchange. SOFC's run hot, > 500C, this exhaust temp is what's used to heat your water. 'A typical homes hot water' they say.
I believe the units would also encompass a burner, for when the central heating kicks in, but I'm not 100% on this.
So, you get most of your electricity and your hot water needs, all with no emissions.
Ceres are distinct because their fuel cell uses steel & ceramic components, making them cheaper to manufacture. I believe other cells use a Platinum catalyst and thus are significantly more expensive.
They're also branching out in to automotive, with a 5KW unit.