Member Info for Strictlyslick

I believe that update was everything we needed. The fact they have said they are cautious is to stop ultra market getting ahead of itself - significant orders in H2 have now been dismissed, just stated as being more challenging. In the meantime I would remind you all of our Heliocentris contract that they appear to be abiding to - resulting if 500 orders next year minimum. This would equate to our entire 2012 revenue I'm one contract. My concerns over Relion have been somewhat settled and I look forward to seeing orders there grow. At the end free day, this is the beginning of our second year of commercialisation, Nd we are showing consistent growth. Fine we're not making millions upon millions yet, but it's getting ever closer, and I'm sure a large order will be placed in the next few months.

since September 2012....over a year and a half ago. Since then the company has made great progress, more than tripled revenues (excluding photovoltaic stuff discontinued), has the Heliocentris Contract only 8 months away from starting year 3 in which 500 units must be ordered. Once could argue its a bit crazy. Just need one or two big Contracts to come through... How much do the electrolysers that Mfield ordered retail for? I know the whole ACTA Power is 35,000 ish, but what about the electrolysers themselve sof that size - 5,000, 10,000?

Of an excellent Agreement that will bear fruit soon (completely forgot about it until now) http://www.investegate.co.uk/acta-s-p-a---acta-/rns/agreement-with-heliocentris/201202280700302285Y/ Under this agreement, for the year from 28th February 2015, Heliocentris has committed to purchasing a MINIMUM of 42 elecrolysers per month (500 for the year). In the next year, they have commited to at least 1.5m euro's worth of orders. So, worst case scenario, revenues are going to be quadrupling from here over the next two years. Whilst this contract won't make us break even in itself, its certainly a step in the right direction. Also note that the agreeement demonstrates minimum commitments and the volumes could of course be higher :-). Throw us a 150 order soon though, I'm getting fed up of this stagnent share price - I want to be back up to 20-30p....

The issue with locations like thorpe Park is that they are not really seasonal - being open 9 months of the year. Therefore there is an intrinsic benefit to offer a hotel solution that is permenant and owner by them. I',m therefore not surpised that they tested the hotel idea with Snoozebox then decided it was a good idea to have their own. In comparison, events that last anything from a couple of weeks 3 months would not see a benefit in having a permenant hotel solution, hence the Snoozeboz business model being the ideal solution. I have sat on the sidelines for a while now just keeping abreast of the company's progress (having first spotted ZZZ when it was well above 20p). I'll be looking to buy it when the company can carry its own cash burn and is looking to turn a profit. Until then, with the risk of further capital being required in the medium term still being a possibility, I'll maintain my position on the sideline.

this is certianly worth noting, as it insinuates that even if orders dont increase we have sufficient capital for the rest of the year. The order with Mfield occured 7 moths after the previous one, and is for more than double the previous order volume. As momentum increases we may well find that before years end Mfield could order at least another 15-30 units (as well as other smaller ones). All very positive. Just need that one big order to launch us - hopefully this will occur before July.... On 7 January 2013 the parent company Acta SpA completed a capital increase of £2.11 million sterling before costs and on November 4 2013 it completed an additional capital increase for £2.10 million sterling before transaction costs. Despite the above-mentioned cash outflow for the year, which continued in the first months of 2014 and after having carefully reviewed the commercial risks and available risk mitigation, and based on the current status, the Directors believe that, should the generation of cash flow arising from the sale of products be delayed, the Group has adequate financial and management resources (such as unused bank facilities, access to working capital facilities and other sources of new capital) to cover the financial and liquidity needs for at least 12 months starting from 1 January 2014. Furthermore, the Directors believe that the Group will become profitable and cash generating in the medium term, following the current adoption phase of its

Looks like we're into an established downtrend... Would be nice to get some of the network evaluations agreed. I suppose we can't be too impatient as the company reported the first two evaluations being completed on the 14th May, so they have to have been concluded between then and the previous update of 7th April (so, circa 2-5 weeks ago). Fingers crossed we will see a large order come in within the next month or so. One big order of 150 Acta Power Cubes (or just the Acta Power) will see our revenues jump by several million and likely put us into profit for the current year. two or three such orders over the course of this year will see us as the next PLUG.

I think the lack of reaction is simple. An order of 15 from Mfield is deemed worthy of an RNS by the company, insinuting that no other orders of this volume have occured in the current trading period (there will of course be orders of 1, 2 or 5 at a time but not a larger one such as this). ACTA have ramped up production capacity to deal with 40 or so per month in H214, so the market requires confirmation of 150 plus orders i.e. 10X more than the order given. ACTA will likely be loss making until such an order has been received. As they have increased general sales volumes consistently the loss will reduce in the current trading period BUT FOR the fact that they have increased costs by increasing capacity. Without larger orders it is therefore uncertain as to whetehr the loss for the current year will decrease or increase - if increase then a further capital raising will be needed. We have been waiting for the results of these network evaluations since the end of last year, so anything less will receive a mooted reaction. I myself am getting frustrated at the wait now - how long does it take to say 'yes the tech works and shows efficiency and cost savings, give us 150 more'. I have a lot of faith in the company and see it making me big returns, but the other companies I would have invested in would have also made me decent money in the interim period. (Shell being the big one that I invested in at £21.50 - would have been nive to have put profits form here into it as well at that level). I still hold concerns about whats happened with PLUG taking over Relion - and no one on this board replied indcating we are all in the dark as to whetehr it is good or bad for us. A company update on this wouldn't go amiss

Norting that we launched a self-recharging 200W fuel cell back-up power system collaboration with ReliOn at Hannover Messe, and Relion was acquirexd by PLUG as announced on 2nd April...where does our agreement currently stand? Is this an advantage to us, as Relion has more force going forward with sales, or will our produts be sidelined?

That whilst people are worrying about high cash burn, the burn also includes the increase in staff etc and therefore extra capacity which was not immediately filled. As the is actually 7 months further down the line, and noting that orders are increasing month on month, I think it fair to speculate that we'll be breaking even next year. You may also remember that we are coming to the end of year two with the heliocentris agreement (28th feb 2014). Year three requires a 500 unit minimum purchase order from heliocentris, with year 4 requiring a min order value of 1.5m. So I think it's safe to say that we'll be seeing a large uplift in orders over the next year...even without the telecommunication contracts.

a 8.125 close - keeps the uptrend well established :-)

I'm certainly looking forward to September - a snippet on the companies financial to April, hopefully the conclusion of a couple of trials, and towards the end hopefully significant re-orders from telecoms companies. I only hope that the extra capacity acquired is being put to good use. Good to see a general uptrend in the share price, though we need to start making a bit more headway to realise the companies potential. We really should be on par, if not beyond ITM Power. After all, we'll selling more and have equally good connections.

Time will tel how fa rit wll drop. I don't think it can feasibly drop much lower (hence my saying 5-6p would be a dream come too, though unlikely). As I said before the Compnay is acting prudently to keep a positive margin going in the current cost environment, and plans to run profitably even if prices drop to $1,100 (as per their new conservative forecast). In practice, there is heavy support at $1340.00, whereafter the next support is $1,260.00. This is still a good 10% above the $1,100 floor the OMI is catering for. Each little peak and trough is higher since mid may which is boding well for gold, so we may comfortably swing back above $1,400 soon which will be excellent for this company. I continue to watch with interest.

I've been sitting and watching this share since last August, and if it goes down to those levels, valuing the company at only £4m...I'll be snapping them up (its already a bargain at this price). Look at last years full year results - 2012/13 is the last year of capital intensity before the free cashflow is returned to investors, the company has been prudent and re-jigged its long term costings, the company is in positive cashflow with low debt. Find me another company that can say all of the above at this sort of price...

that there is usually a trading update in July ahead of the interims in September, which is usually a good indicator of progress.Then hopefully by the time the interims hit we'll have repeat orders on Acta Power

Very pleased that i got (almost) the bottom of 6.5p as my buy back in price cant argue with a 30% profit in just over a week can ya... we have an exciting 2013 ahead of us (well, half of it anyway)

Thats me back in :-) 14-May-13 14:47:53 6.50 50,000 Buy* 6.25 6.50 3,250 O

They aint giving me 6.5p buy in......c'mon you damn MM's - give me my trade!

Don't mind if I do mate - just asked my broker to get in. For once patience pays off for me :-)

Surely this drop is well overdone. Dare I say that its anothe rexample of TW's tips going down the pan?

A bit overdone I believe. The last RNs I think was an incredibly prudent move by the company. However, with the ramp ups only recently completed, it is hard to predict with the financial results will show and how healthy a position the company is going to be in moving forward. Fact is though, gold ricocheted off the $1350 mark and is showing some resilience to the bears. Will this drop further I personally think that it will due to general sentiment, but sentiment does not mean it deserves the drop, and I await a good buy in price.