Member Info for KaChing

You still might get a chance of getting them a little lower, whether buying will be possible under 10p again is another matter ………… I’ve just been having another look at PTO, if the market thinks that it’s worth a M/C of £30m and little old MIRA is priced right at under £6m, I’m going to call it a day, lol PTO ………. They have nothing on the balance sheet, liabilities outweigh assets, £3m in debt ……….. H/Y EBITDA of £650k, even though they showed a profit after tax of £390k in the H/Y the payment from customers is slow hence operating cash for the H/Y was a negative £771k and that was after a £237k tax credit MIRA ……….. they haven’t much on the balance sheet but at least total assets outweigh liabilities (on paper), also around £3m in debt in the H/Y although since then they have converted £760k of the loan notes into equity and over £400k of the interest owed to the loan notes has been converted into equity and the £1m raised in the placing all go to reducing debt and strengthening the balance sheet ……………. H/Y EBITDA of £600k, they showed a small after tax profit of £25 and payment from customers was prompt which meant they not only generated enough operating cash to run the business and pay the interest payment without borrowing to do it, they also had enough operating cash to self-fund the investment activity, which left them with £100k of free cash …………. If that’s not positive progress and makes a total mockery of the M/C, then maybe I should call it a day! ………… and that info is 11 months out of date!

The April 2013 Investor Presentation http://www.cleanairpower.com/pdfs/Investor_Presentation042013.pdf They’ve certainly strengthened the balance sheet ……….. they had £3.2m in cash at the end of Dec 2012 and burning through it at around £2.5m per year so the £5m just raised puts them in a healthy position and sales are on a healthy upward trajectory More Volvo trucks are coming off the production line factory fitted with dual fuel and from memory the new regs coming into place on engines in Europe doesn’t affect Russia, so what works in Europe now, will work in Russia for the foreseeable future. Positive test drive across America recently to add to the $2.6m grant they won for proving the concept and expansion into the USA Wish I’d kept my holding of earlier in the year now, lol ………. C’est la vie

You are not missing anything I know I’m probably missing out on bargains but I always have in the back of my mind, can the numbers be trusted ………. I know it’s wrong and any company can manipulate numbers, and I’m certainly not saying NBU’s numbers are anything but correct, it’s just an emotion that I can’t shake off with Chinese companies ……….. so unfortunately it’s not for me. But going purely on the figures, this is very cheap

I saw you mention this this morning. Looks a little cracker for the long term, great divi and with great cash the divi cover is top drawer to go with the commitment to pay out 50% of after tax profits, along with positive comments in the F/Y on this financial year backed up by resent news. If I was living in the UK I think this would definitely be in an ISA

If this posts ok it’s a breakdown of significant holders, if it doesn’t you’ll find the info on page 6 of the 2012 F/Y report Jim Mellon 17,635,332 ……… 19.69% Arron Banks 16,124,825 ………18.00% Lynchwood Nominees Limited 7,485,412 ……… 8.36% Island Farms Limited 4,222,319 …….. 4.71% David Hathersich-Jones 4,154,291 ……… 4.64% Hargreaves Lansdown (Nominees) Limited 4,133,012 ……… 4.61% http://www.mfg.im/downloads/annual-report-2012.pdf

Of kkrriiss on iii “Off-grid mobile telecommunications base station power revenues will reach US$10.5 billion by 2020, says Navigant Research” http://www.digitimes.com/news/a20130802PR207.html and also tweeted by ACTA ActaCleanEnergy ‏@H2Acta 18m Off-grid mobile telecom base station power revenues will reach US$10.5 billion by 2020, says Navigant Research http://tinyurl.com/lr7cgz3

It shows that things are picking up and it’s still right at the very beginning of the story …………. There’s years of double if not triple digit growth in this sector if it’s successful It’s worth looking at Ballard on either the Nasdaq or Toronto exchanges ……….. putting to one side their direct link to Telecoms through sales of their own product ……….. Acta, Heliocentris, Future-E, M-Field and many others who are targeting the Telecoms market are doing so with Fuel Cell components supplied by Ballard ………. Ballard is onto a winner even if they don’t get a direct order! The same as Acta with their unique electrolyser …………..

More positive signs for Fuel Cell back-up power in the Telecoms sector, Ballard see the value of these sales increase by over 350% on the same time last year Their total shipments in this sector are about 2500 units and rising with every order ……….. 2500 units is but a drop in the ocean when you consider how many Telecoms sites there are around the world If Acta can get a foothold either directly or indirectly through the likes of Heliocentris, Future-E, MVS Energy Solutions etc. then the good times will come! http://www.ballard.com/about-ballard/newsroom/news-releases/news07311301.aspx

Telecoms are getting to like the fuel cell! ……….. Bodes well for the future! Ballard is shipping another 220 units ………. Interestingly this time, 120 of them are direct hydrogen Now if only they had the worlds cheapest on-site electrolyser they wouldn’t need bottled hydrogen and the expense of getting it to and from site! http://www.ballard.com/about-ballard/newsroom/news-releases/news07261301.aspx

For those who follow closely, the following paragraph should be of interest! “Subject to the successful outcome of the trial, the partners believe that a larger order will be placed by the mobile operator for Acta Power systems to be installed as an alternative to the methanol-based fuel cell systems currently being trialled which have been found to suffer problems of methanol logistics and theft.” Problems with Methanol ………… can only be one company and although they have direct Hydrogen back-up power units they do not have on-site Hydrogen generation ………… if the ACTA trial is successful I’d expect the other company to become really interested in the Acta electrolyser!! Answers on a postcard …………….

Two of them in the link above

Progress with the APFCT scooters and for ACTA with the Hydrogen canister dispensers …….. first link is the update ………. The second link just explains that they are looking for scooter manufactures to get involved. “80 fuel cell vehicles (scooters), which are granted by the Ministry of Economic Affairs Bureau of Energy for APFCT fuel cell hydrogen social empirical project of “clean southland”, have been successfully running for more than six months from 9th of November 2012 till now. As supported and assistance by the Pingtung County government and local B&B association, APFCT has successfully operating the world’s first fuel cell vehicle (scooter) fleet, that tourists can experience this global leading green technology free of charge when travelling in Kenting. More than 50 hydrogen fuel cell vehicles (scooters) in average per day are running in the Kenting. Canister exchange station has also increased from the original 5 stations (Hengchun police station, Houbihu station, Kenting Chinese Petroleum station, Eluanbi station and the Jialeshuei station) to 7 stations (two 24-hour convenience stores are in addition). This program has not only verified the everyday practicality of the fuel cell vehicles (scooters), more importantly, the easy and safe hydrogen supply system has also been accepted by people. The global fuel cell business opportunities has begun to emerge, APFCT will play an important role in future fuel cell market with its own unique technology and market segmentation.” http://fuelcellsworks.com/news/2013/07/22/asia-pacific-fuel-cell-announces-updates-on-the-status-of-kenting-fuel-cell-scooter-demonstration/ second link already posted by luckyclicker http://www.apfct.com/article_cat.php?act=view&no=34

Another step into the UK domestic market ……… if you include the IOW before ITM scuppered the deal you might think that ACTA has a product priced in the right area for the domestic market, who knew?!! LOL ……….. noticeable that companies like ITM can’t get close to the domestic market because of the price of their smaller products Go ACTA! Good to see that ACTA’s association with Giacomini S.p.A. is looking like it might start to bear fruit as well! ………… these things take time, but from small acorns ………… “Acta's Chief Executive, Paolo Bert commented: "We are very excited to see this innovative application of our electrolysers, which will enable potential renewable energy owners to obtain their permits and become energy independent. We believe that this application will also open the residential market to the Company's Acta Power system for renewable energy storage and re-supply, through its integrated electrolyser and fuel cell." “Clean Power Solutions Chief Executive, Mike Hough commented: "The potential of this solution is enormous. With areas such as Scotland having already imposed these grid restrictions we envisage that the rest of UK will follow shortly, which could have a dramatic effect on the adoption of renewable energy in the UK. We are proud to have found a solution that will help the renewable energy market in the UK to become more successful." http://www.investegate.co.uk/acta-s-p-a---acta-/rns/uk-domestic-wind-turbine-energy-storage-trial/201307160700053758J/

Whether they are involved or not ………. The potential size of the order bodes very well and it’s maybe a sign that Telecoms are going to be putting their hands in their pockets to establish Fuel Cells as the preferred Back-up Power source!! ACTA have three units on trial in the field …………. One in Australia, one in Indonesia and the latest one in Africa The news bodes very well ……….. IMO

This was actually just tweeted by ACTA ………. I’ve just bought 50k shares on the off chance that ACTA might be involved ActaCleanEnergy ‏@H2Acta 3m Heliocentris to Supply Middle Eastern Mobile Network with up to 240 Fuel Cell Backup Power Solutions http://shar.es/AIWGH http://www.fuelcelltoday.com/news-events/news-archive/2013/july/heliocentris-to-supply-middle-eastern-mobile-network-with-up-to-240-fuel-cell-backup-power-solutions “Berlin – 10 July 2013: One of the world’s largest mobile network operators from the Middle East has signed a Memorandum of Understanding („MoU“) for the use of Heliocentris’ energy efficiency solutions in one of it’s mobile networks. The total revenue potential with this client is estimated to be around € 20 million over the next two to three years in this mobile network alone. In addition, this customer operates mobile networks with similar potentials in more than 15 other regions.” http://www.heliocentris.com/unser-unternehmen/presse/pressemitteilungen/news-details/article/heliocentris-energy-solutions-ag-gewinnt-eines-der-weltgroessten-mobilfunkunternehmen-als-neuen-kund.html

ActaCleanEnergy ‏@H2Acta 9m Pleased to announce that Acta is on Board of Directors of the Canadian Hydrogen Fuel Cell Association @PoweringNow http://tinyurl.com/oomfjhn

It’s a strange one and Haytham ElZayn seems to be on the end of everything, whether loans to PPR or selling a company that he owned to PPR (IGS) or as it seems now benefiting from deals done between PPR and SGD (on both sides of the deal) ………. I guess as long as it benefits PPR’s bottom line.

Anyone any idea why this news wasn’t released officially via an RNS especially since apparently SGD’s President is PPR’s CEO/Chairman! ………… that’s a related transaction, isn’t it? “Fullerton, Calif.-based Service Group Distribution (SGD) recently announced it is new agreement to distribute Pentagon Window Films’ safety and security, automotive and architectural window film lines. The deal makes SGD the exclusive U.S. distributor of Pentagon films.” http://www.windowfilmmag.com/index.php/archives/4249 “We are extremely pleased to offer the Avery Dennison line of vinyl graphic films and car wraps here at SGD,” adds Haytham ElZayn, SGD’s president.” http://www.windowfilmmag.com/index.php/archives/4326

Yeah SIM looks good going forward, but you need to watch your entry levels, you guys have moved it on your own this week! ………. Did you know they don’t pay tax yet and when they do start they have some decent tax losses to carry forward ……… another positive. I still think MIRA has the potential to be a MOS and as it happens the SP is the same as MOS’s when I first looked at it, slipped off the radar and I kick myself every time I see MOS’s SP now, LOL ………. MIRA are at the beginning of making money on the back of the subscriber fees ……. Have a listen to the radio interview, he explains it better than me

I’m not saying there isn’t value here, I’m just pointing out that some of the “facts” used on the BB to try and find value, are wrong! The EPS in the Finals report should point anyone in the direction of there being more shares somewhere …….. It’s the first thing I noticed, hence I looked closer. Look in the notes at the bottom of the report for the number of shares they use to calculate EPS (note 4) http://www.investegate.co.uk/invu-plc--invu-/rns/final-results/201305160700078301E/ The next two links will tell you all about the A shares, why they were issued and the rights they have http://www.investegate.co.uk/invu-plc--invu-/rns/capital-reorganisation/201106300700254118J/ http://www.investegate.co.uk/invu-plc--invu-/rns/result-of-general-meeting/201107291559164153L/