Member Info for stokey12

This comment from the strategic report is interesting 'Peel estimates in the locale of Protos that 800,000 tonnes per annum of non-recyclable plastics arising from the residual waste stream is going to either landfill disposal or inefficient incineration facilities. This is sufficient feedstock for 60 DMG units within two hours of the Protos site alone.' A very large opportunity on the doorstepof Protos.

Spev In relation to your 11.57 post it would be interesting to see what effect if any it has on the share price. It would be interesting to see if they will put their money where their mouth is.

aandi - In relation to your 12.08 post the DMG technology developed by PHE can actually work on any carbon based material but PHE is focussed on unrecycable plastic and end of life tyres because they have the highest calorificvalue.

https://www.proactiveinvestors.co.uk/companies/news/923046/powerhouse-energy-enthusiastic-about-its-prospects-923046.html Proactive Investors seemtobe the first to comment on the annual report.

martinu - In rlation to your 08.15 post it is impossible to say. I do not that there is no non current liabilities so all the trade payables must be due within 12 months.

The annual accounts are not as good as I was expecting so we can expect negative comment on the slip from a balance sheet surplus to a deficit. However, post year end income came in at just under £500,000. The total comprehensive loss was down. The most eye catching thing for me was the increase in the R&D tax credit.

The Annual Report RNS can be found on this link https://polaris.brighterir.com/public/powerhouse_energy/news/rns/story/w68yg9r

In a post yesterday testpack3 suggestted that the government might put some money into PHE I said in respons e that this is unlikely before the CfD Auction Round 4 next year. Having read this article https://www.bbc.co.uk/news/uk-politics-53226906. There is a possibility that one of the oven ready local schemes that are inline to share £900m would be Protos. I recall this possibility being mentioned. If that was to happen then it might have a beneficial effect on the PHE share price. I should not have been quick to disagree with testpack3.

yellowf1 - You may find it useful to check the closing price for PHE on the London Stock Exchange website and you will see why your 18.01 is incorrect. If by chance you are correct the closing price should be down from today's price. I am going to go for a rise of between 1 and 3% and that is only because the share price on ocassion goes down initially and recovers. What level of drop are you expecting.

It is also worth noting that based on Protos PHE will have additional income from engineering services in relation to the construction of the PHE site. In addition PHE is also likely to get the maintenance contract for each operational DMG unit. It could be that we would reach the £11.3m income with less than 22 DMG units. Also if the margin is more than 50% it would mean that we would need less than £11.3m. I note that in their half yearly report Ceres who also use a licensing model managed a margin of 67%.

testpack3 In relation to your post of 16.18 the current pre screened pipeline stands at 24 customers excluding the 11 Peel sites or any international customers so I would say it would take about three years to reach 22 units. Perhaps even earlier depending on how quickly the international roll out goes.

InvestingGenius In relation to your 14.23 post taking the size of the trade into account it is quite possible that the person amking he trade was given a price which was better than the current price because of the volume.

badshah13 -In relation toyour 09.35 post I am not surprised Ihave seen it before when what can be viewed as good news leads to a negative or muted market response.

InvestingGenius In relation to your post of 08.18 one of us is confused. The MOU relates to Billingham the RNS this morning relates to operations in Ireland so are two different things. So can you explain how the RNS is a delay.

I see similarities between this tie up and the agreement between PHE and Peel. The princial differences as I see it are the option to take an equity stake is absent from the PHE/Peel agreement. However this agreement is silent on how much EQT will earn from these projects as against a specified sum in the PHE/Peel agreement. Both companies have collaboration agreements for their home markets so seem on a similar trajectory to profits. I am not sure what the market reaction will be.

Kenny100 - In relation to your 10.40 post why do you say that I would have gone for Ellesmere Port.

One of the new shareholders in PHE as a result of the takeover of W2T will be Peter Jones OBE. Assuming it is the same person I came across this short Bio https://www.policyconnect.org.uk/apsrg/people/peter-jones-obe. Perhps he could be persuaded to use his contacts to PHE's advantage.

operastar - In relation to your 19.07 post whether the circular will be posted to you depends on whether you own the shares through a nominee. If you do it will go to your nominee who I presume is your broker who you bought your shares through. If the shares are not in a nominee account then it would be sent to you.

Can any accountants on the board explain how the takeover of W2T will be accounted for. Would I be right in thinking that the notional purchase price of W2T will be treated as goodwill and therefore an asset and not a liability.

yellowf1 - In relation to your 17.52 post can you elaborate on the basis of your assumption around liability of W2T debts. There are agreements for some debts to be satisfied pre completion. It is not clear how much debt will be assumed by PHE. That is why I have asked the question I did for the general meeting so that the answer is on the record.