Member Info for Piemaker

Built up some nice bitcoin cash back over Christmas, payments are so simple.
Just needs rolling out properly.

Targeting 8.6 on reopening.
Which most of the moving parts are aligned, should be Q2 22.
Just my punt

Things are moving

Messed up an RNS, couple of people resigned, but a dog until commercials build confidence.
Apart from the PR disaster the underlying IPO doc is broadly on course, but confidence drives price.

Exactly

Big plus

Data capture looks well ahead of expectations, the fundamentals of the IPO look to be on track.
News of a raise would be a good signal of expansion, was hoping Q1 as it would put them ahead of merchant roll out. But Q2 is well on plan, and a significant raise in market cap.

Good research, that would suggest they are sandbagging the user numbers.
Match it up with the merchants and this could get interesting.

The AZD1656 Glucokinase Activator seems to have a few excited. Time will tell

I only have a personal account.

Just go to the App Store and Play, gives you the ranking.
Downloads can be verified against corporate downloads in category.

Definitely not the correct number, play store has double that, with apple not far behind.

It looks like they have cica 223k downloads across the two main mobile platforms, so an active base of 30% is all that’s required if they do nothing else.
The proof is users/downloads/daily logins, if the front end interface is good, then key metrics will be over 30% of data capture/active user.

The 0% transaction fees are popular, No92 in the iPhone App Store under finance.
Will be interesting to know the user numbers post Dec, the 55K data capture (users) looks overly conservative, based on downloads and App ranking.

Good luck buying @38 in 4-6 months

Got a chunk in MODE and some big players now taking a single transaction fee for the banking services, rather than loads of card fees, worth a lot to the retailers bottom line.
Data capture and marketing from these partnerships should explode MODE.
Bought in to vela @6 off the back of MODE before AZD

Unless they are brands/lifestyles you shop with anyway and buy bitcoin?
Most of the signups are heavily marketed through insta

Tidy uplift on investment

It's a big project, with lots of moving parts.
Planning is nearly finalised, which should lead on to the contractor announcement.
I wouldn't be surprised if the delay turns out to be in the feedstock (rather the final configuration of the building), and not with PHE.
But in a maximum of 25 months (End 23) this is due to be fully operational, although subsidies and the Hydrogen price may speed things up. The housing building is going to take 6 months to build, and with the modular design the PHE instalation is circa 3 months with a 3 month test cycle, so the unit in theory can be completed in 12 months, which make me think feedstock is the current stumbling block.

The other players are a bit further down the line, EQT will grow turnover from 2.25 to 15 this year and the Toyota link is massive, although on the downside the wood chip energy recovery system is under scrutiny.
PHE is great tech, and at £13 per kg of hydrogen against £8 per kg cost of recovery, the margins are there. But until financial close, planning, lead contractor, new board members, falls in to place, it’s still just speculation. One of those bits of news would justify a re rate, but announcing an extension to the SPV by months, doesn’t excite me.

Nice to see the rampers are out in force, after a quick buck.
With only an extended SPV timeline for comfort.
But COP26 is very exciting.