Member Info for stokey12

jgbb123 - If we just have announcements of deals without details of projected revenues then 1p. However once the interim 2020 results come out if they show significant revenues then Gadams estimate in his 20.22 post would be inline with my minimum expectations.

Stretchum - What makes you think it has been factored in at all?

ChazC - You are asking the wrong question. The question should have been Will we need to raise funds? The answer to that question is possibly not W2T are doing a fundrause amngst High Net Worth Individuals to raise around £6.7m to cover the cost of producing the Commercial Demonstration Unit. The cost of production of commercial units for sale will I expect be met by customers with units being built to order. So unless W2T fail to raise all of the funds then I anticipate no further funds will need to be raised by Powerhouse.

where early gains do not carry on through to afternoon.

It would seem that for some reason I was given Friday's information from the cache. There was still a bit of a jump in activity but not as much as I thought.

burst of activity. Up until about an hour ago it looked like we were going to have a low volume trading day then all of a sudden 30m shares traded. Does somebody know something I do not?

Telephoneman - Thanks for that glad to see you back. I note the 20 units a year fro five years is the same as what Align research said in thier research note from November last year. If I recall that figure is disputed by Powerhouse. Of course the RNS did say at least 12 expressions of interest so there may be more.

I have been trying to work out from Friday's RNS together with previous RNSs what the potential revenues might be. From Friday's RNS we know that there are advanced negotiations with six clients and there hae been strong expressions of interest from at least 12 possible customers this gives us 18 potential customers. we know from a previous RNS that one of these wants five DMG units. Assuming that the other 17 only want a single DMG unit that gives us 22 DMG units. From another RNS we know that each DMG unit will cost the customer £5m so from the sale of the 22 DMG units Powerhouse will make £110m, this assumes that the profit on the sale of each unit is 20%. In addition there will be license fees if we assume that the license fees are 20% revenues this has previously been worke dout at approximately £350,000 so from the 22 units Powerhouse will make £770000 in anual royalty fees.

These calculations come with a number of caveats:-

Firstly it is assumed that only one customer will buy more than one unit if more than one customer was to buy more than one unit then the figures would have to be adjusted accordingly.
Secondly it is assumed that the profit on the sale of each unit is 20% if it is higher then this would increase the amount of revenue from the sale of each unit.

The current market capitalisation does not seem to allow for this revenue yet which allows current shareholders to buy up shares while they are at such a discount.

Mustang74 - If Dave Ryan is confirmed as the CEO then I do not see any issue.

but down on the week. It maybe that until we get a firm order the share price willlinger at around this level.

tatty99 - If you live in or near London then you can meet them in person and judge for yourself as they will be exhibiting at the UK Investor Show.

destitute - Thanks for your warning. But to do a placing the share price would need to go over 0.5 which is the lowest legal price aplacing can go for. Although as W2T are doing the fundraise to cover the cost of the first unit I am not sure why a placing would be needed.

Of course when in my 07.44 post I said 18 plants I meant customers as each might have more than one site. In fact if I recall the customer at the head of the line is looking at an initial order of 5 units. So of the customers might order further units. But an initial customer base of 18 is not bad.

On a first read of the RNS it is a very positive RNS with no decernible negatives. Can someone check my maths but I count a possible 18 plants if all negotiations currently in progress lead to firm contracts. That is six which are in advance negotiations and 12 where there have been expressions of interest. This excludes Japan on which I note that as far as Toyota is concerned it says Japan and Asia.

According to both this site and the london stock exchange there have been no trades since around 2.30. However, a small trade that I made was done after this time and is not showing up. Any ideas why it is not showing?

what is causing the sell off today?

Newboy58 -The chances of that are slim as they will as I understand it be investing in W2T and not Powerhouse.

Jabberba - I note from an email that I have recieved from Howard White that they are seeking to raise £6.7m for the first system. I also note that this fundraise is aimed at High Net Worth individuals who have to invest through thier broker. This email gives me some comfort that matters may be moving forward.

Jabberba - If, and only if, it would not be a breach of any confidentiality in the document for those of us who do not have a copy of the prospectus can you say who they are.

Audible - Reference your 16.02 post if Paul Warwick is not leaking information then that makes me happier. My concern is with the reputational risk to Powerhouse if the FCA was to ever look into some of the posts he appears to hae made that have been reported on this board. Powerhouse are aware of the degree of frustration over the lack of news.