Member Info for PhatStyle4321

This surely should be good news for Ceres, access to EU funding?!

Proves that China fuel cell market is very appealing, come on Phil, do your job and get some positive news out there.

This should definitely help Ceres on Monday, more access to EU funds and grants

I believe in Phil and always have done but if he can rescue the share price it is next week.

Good news has been promised to us but not delivered.

JV news and advanced partnerships ? Let’s see but I have a good feeling for next week that news will be announced

Well said Savvy, I do hope news does arrived soon within the next few weeks especially before results.

Weichai and Bosch signing of JV is what we are needing and Phil really needs to get this done.

Weichai and Bosch are both major shareholders in Ceres so it really is in their best interests, let’s see what next week unreveals

You obviously have no clue what you are talking about Owaing so go suck on some eggs

Savvy I understand your conviction here and I do not day trade Ceres, it’s just all we are getting stale RNS’s explaining more delays and advanced partner talks but nothing to show for it ?!, what is Phil doing if none of these are converting into anything. The whole China JV’s really needs to come next week before the bleed continues

No idea, but Phil and the management team better come with some good news soon, as the share price is dragging lower. These delays need to be dealt with ASAP!

His email address is phil.caldwell@cerespower.com, I would express your concerns to him directly.

I noticed the big drop after the US inflation data came in, otherwise it is just a normal day

I hope that Phil is reading this and he really needs to get some positive news out there asap, this share price keeps getting lower and lower, everyday we are without the JV news stresses out the company. We are down 3% due to inflation in the US, ridiculous

Good to see the big buy at 446p

Nice article on Ceres here, worth a read

https://moneyweek.com/investments/funds/investment-trusts/605720/law-debenture-investment-trust?amp

Ceres Power's Chinese strategic partner Weichai's launch of a stationary power solid oxide fuel cell (SOFC) demonstrates a commitment to its partnership with the UK firm, believes broker Peel Hunt.

The ceremony was to announce that the system, which uses Ceres' technology, had passed the EU "CE" certification of the international testing body TÜV SÜD, added the broker, noting that under test at Weichai's fuel cell industrial park the system has been running for more than 30,000 hours.

“While we await the completion of the creation of the 3-way China JV between Ceres, Bosch and Weichai, we believe this public showing of SOFC systems (using Ceres technology) demonstrates Weichai's commitment to the partnership,” said the broker, which has a 650p price target on AIM-listed Ceres.

Once the JV signatures are complete, it will hugely put Ceres in the limelight.

Hydrogen is the future and many analysts and brokers see the potential. Savvy is right in saying that the JV’s are a done deal.

Even this article I posted earlier just shows the huge potential here.

https://www.proactiveinvestors.co.uk/companies/news/1006133/ceres-power-s-hydrogen-focus-highlighted-as-eu-green-funding-package-proposed-1006133.html?rel=scroll

Hi Savvy

Thank you for your reply, I really do have extra confidence when you reply, I am in same boat as yourself and hope that the JV signatures come before the final results.

Ceres has always been a great company and the technology even better let’s see how it fairs in the weeks ahead

Aquae, maybe because the JV contract hasn’t been signed, legally they can’t mention Bosch currently ? However Weichai and Ceres still have their previous agreement in place so they legally can mention Ceres. That seems the most plausible explanation to me.

Even if the JV doesn’t get signed, Ceres still have separate agreements with both, it is in Weichais best interests to get it signed, as they will learn many things from Bosch, and as it stands this is still the way forward

Strange the share price decline today? Anyone have any insight as to why ? I know the market didn’t perform great but 6%

https://hydrogen-central.com/ceres-power-partner-weichai-launches-stationary-power-so-fuel-cell-system-ceremony-to-mark-its-ce-certification-with-tuv-sud/

A lot of press liked the announcement, surely a right step into the JV being signed or even better another major joining Ceres

Having done some thought on this, Bosch and Weichai should really be close on doing the JV agreement especially as this technology has now proved to be far superior.

Let’s see in the weeks to come, JV singing with Bosch and China, coupled with an additional partner could see this approaching all time highs.

Good luck all.

Totally understand your point of view, I guess when looking at the overall picture it is very positive as it also shows that Weichai are fully committed, however to me is that Weichai will benefit the most out of the JV’s. I am really after the final signing of the JV’s which hopefully comes in the next few weeks. China is opening up and once signed Ceres can move to signing more deals in the coming months

I understand your passion Savvy, but I believe that both parties are still much interested as part of the trading update therefore that wasn’t ever factored in, this news also wasn’t even worth a proper RNS and only a reach due to it not being company changing but informative, anyway let’s see how we go