Member Info for RealityChap

Just honest thoughts Mr Hornet. I'm bl##dy furious in all honesty, and it's cathartic

Breaking the £1 barrier is the stuff of fantasy. And remember we actually did that (in Euros) on Boxing Day 2020. Haggis still here being positive despite saying he wouldn't think of selling for under £10, never mind £1!

We've been sold/We've bought a pup. It might grind its way to a bigger share price at some stage but it's going to take a very long time to get anywhere near historic highs, never mind new ones.

We are clearly reliant on state intervention to subsidise equipment. That isn't happening overnight but there is nothing else that will bring the price of units down to a competitive level - the cost of hydrogen vs. diesel is an irrelevance until that happens.

He said he'd achieved a 10 fold increase previously elsewhere. No suggestion he's promising the same here.

Needs a partner for the cracker to deliver a Fast track

He did not say the company would not be privatised. Just said it hadn't been discussed. it might be tomorrow/next month/year.

Undervalued but it isn't in the company's power to put that 'right'

We've gone way back from where we thought we were. Which isn't a surprise

This is the big miss for me.

They've got a unit for demo purposes and they are essentially in the same position as Speedy.

But nothing expected.

There seems to be a huge local conflict of interest to me. We know now that the capital cost of units is prohibitive meaning that the ability to produce/supply hydrogen at competitive cost is a moot point. Subsidisation of capital equipment is proposed as the answer but is any Middle Eastern government going to do that in the shortish term?

It can clearly only be yet another trial but surprised Brett didn't merit a mention. Clearly no revenue expected from there any time soon. If I recall correctly the brokers had £11m pencilled in for this year and it is blindingly obvious that's just what they were told rather than being the result of any incisive research. Let's see what their next update brings.

Do you want to go back to your baseless assertions that material sales would be coming via:

Nifty

Tamgo

ABB

Acciona

?

Unless the government can be persuaded to subsidise equipment we've no chance. Nobody is taking these at significantly higher cost unless that's in place or they're mandated to do so

On the upside at leas they didn't attempt to justify and perpetuate Bond's boll#x

Glad it only went on for 20 minutes.

The only thing I took from that was that Bond talked absolute boll#x for years, but we kind of knew that already.

He didn't say that though Haggis - he couldn't. He just said no conversations on the subject have taken place, which is hardly surprising a month in. The board would be mad not to consider it at some point if they are not getting benefit from being listed

'The cracker can overtake fuel cells as the big revenue earner' - Haggis

As fuel cells are in a layby just off the A34 they could be overtaken on a bike!

Or to put it another way, the numbers fed to brokers and on which their DCF calculations and therefore target prices have been nonsense

'significantly higher price point' Oh dear

'30 years to adopt cars'. Not a great example

Switching subsidy to capital equipment - positive thought. Probably not this week or next

I imagine DelBoy will be able to get one in the back of a Reliant van

Well, if it's never actually been launched that would explain a few things! Perhaps the supply chain issues were more serious than we knew?! I hope someone gets back to the chap asking of they are available for purchase given he is CEO of a firm offering:

Advanced Power Solutions for your Every Need Full range of Generators, Lightning Towers, Security Towers, Solar and Hybrid systems and portable battery solutions.

The fund manager who always buys at the bottom and sells at the top is yet to be born

I don't think we can claim they are 'way too late' just yet.

It seems a very odd strategy. The position was expanded by 50% via ten trades in the space of five weeks or so. That's pretty aggressive and it needs funding so unless you've provided for that, tennents, I don't think they'll be as much in credit as suggested

Very much hope so CN

All I can do is lead you to the water.

We have NO agreements in place for sales at a commercial level. The only possible exception is ABB but that agreement is so dusty I would be surprised if it is still valid in its original form.

we HOPE they will increase, obviosuly.