Member Info for Unplugged01

Kite.

Muddy the waters thats a laugh. I have 32000 reasons why i love this to fly. I tell it as it is and hold em up when i get it wrong . Had the delta deal not happened we would have been £1 that is a fact even the CEO knew it as tbe wiechai bosch deal was dead in September 2023. However in all fairness he played well and done what was needed. Im not a time served investor like some on here like Savvy and one or two others. I do try to read and learn from such investors and speak about the subject is that not what a forum is about?

Kite.

If 1863 is a paid ramper / de ramper i have never seen any posts ramping this share? Its Ok to feel angry that Ceres is not exactly performing to plan and nearly all holders are in deeper than the titanic. I have also vented about the CEO and the expansive workforce. I hold my hands up The CEO pulled it out the bag and took my losses to 40% rather than nearly 60%ish. The future still remains uncertain with this share IMO. The position is all future based which is what it always has been in other words we can drop or fly at blink of an eye.

I lack the confidence to buy more i do not see any return anytime soon possibly a total wipe out at least for quite a few years is on the cards.

The CEO lack of reaction, massive head count doing god knows what plus the lack of action to stem the bleed out has me very concerned.

Where we heading , now worth about 8% of the SP highs a couple of years back. The forecast is back to October 2023 lows across the markets. The sub 100p prediction is now a reality. Will Ceres dump the Wiechai plan? It is dragging us down lets face it China is fast becoming Russia untouchable for the western nations. The board may have to drop the deal/JV and explore other options i think we would recover much faster without Weichai. IMO

I honestly dont think they really know why they joined the main market. It exposed the management badly as dreamers living in a bubble that all the trophies and awards meant something to big investors. We have not recovered since. The main market want money makers not sucler stocks and that what we are for next 12 months at least. Lucky for you at 184p you maybe able to trade out or increase your holding the share will bump back up to 190s up then down and will drop to 130s over next 6 to 8 weeks, rinse repeat to sub 100p with no news imo.

1863

I would struggle to argue with your opinion. Unless the CEO pulls it out the bag in this month it will be sub 100p till the Doosan and Bosch deal gets going 2024 later part. We may then get back to 300p on the basis of some huge staffing cuts and pulling the plug on future products. We should of done this already IMO back in September when the wiechai deal started to come unstuck. Maybe another big player may want to buy Ceres out like Bosch who could do all of the above and cost a lot less.

Noggers

A simple way to look at it is remove cash out of the bank and what is Ceres? Bankrupt unviable business in its current format hence its priced what its worth or less for that matter. Yes everything is imminent but look at the history it is always imminent and the CEO is not interested as he said the "deal is out of his hands". That said it all for me combined with the 6pm RNS in November.

It is OK to say sell if you do not believe but my losses are not recoverable so a wait and hope that the belief some posters have will come through and we all make money. I am sceptical of this happening anytime soon just the geo political landscape says its not happening besides all the other obstacles Ceres have to over come we stand just as much chance ending up a sub 100p stock like they was for 7 years 2011 -2018.

Didnt even have to wait or Phils update to drop to 150p next stop 130p with no news.

You are entitled to your opinion. I base mine on fact and as it stands there is no deal with Weichai or any new takers for Ceres tech. Yes they have JVs coming out of their ears but no cash coming in to cover the cash going out. It is for this reason the SP is where it is. .I really hope it does change for the better being 54% down and over 50k down that said im not convinced it will anytime soon.

I really hope it is ridiculous and this does eventually turn around in the next 12 months. The most imminent contract is not happening anytime soon and we have no other options at the table. The CEO and the board have played a major part in the fall of the SP promising worlds delivering a pocket atlas.

Best opportunities....fund mangers not piling in at the moment more like bailed out. Investors at any level above 300p will not see money return for a long time if ever IMO. The sp values the company at ZERO the money in the bank is the only value Ceres has at this moment in time.

The sentiment has left the building. 5 years since this level built on sand i guess you could call it. Not a great start to 2024 we await Phils update to take it to 150p

Hopefully this happens!

An eye watering sp at the moment only waiting for CEO update in January to take us below 150p.

I think this has been the longest downwards spiral with out a spike upwards in Ceres history.

A break even and bale out will be what me and many others will be waiting on soon as possible... PLEASE.

Https://cleantechnica.com/2023/12/28/ballard-averaging-55-million-annual-losses-while-pushing-hydrogen-rock-uphill-with-grants/

All you need to know really its a similar story with Ceres lots of JVs many never seeing the light of day once the cash is burned. Only difference Ceres do equity release what happens when that runs out which wont be long given the head count. Glassdoor and indeed employment give a reflection of how the company is actually run on the inside from the employees it reflects what i have said numerous times about the management of the company.

You may well be right.

However the JV is not happening due to China relations with the west turning sour many billions being withdrawn from China both by business and investors thus the China economy going into reverse.

So with this in mind what has Ceres done ..........Nothing sat on those hands. The tech for the all JVs ( Doosan Bosch etc) are existing products. Please tell me why are Ceres employing 585 persons doing what exactly? Working on the future products when you not sorting the present does not cut it IMO. The work force should be around 100 persons we would at least be covering overheads with 22 million revenue coming in at the moment we are not even covering the wages.

The CEO is not a business man he is a chemical engineer in an elevated positon so i personally dont think he is business minded of how a company reacts to survive . CEOs look great when all appears to be going so well and the share price jumps to 1500p based on futuristic green dreams . The reality is now here and Ceres have the products but now must be business focused hence why the they tanked on day 1 of ftse 250. Big investors want money making companies, tough decision makers not promises and trophies. Ceres got found out with nothing to announce only failings and promises the buck stops with the board and the CEO at the helm.

The Large trades made little difference up at lunch and red at the finish.

It seem nothing can lift the life less bloated soul known as Ceres.

On a plus point we won another trophy on Dec 11th and the 22 million revenue covers head count now upto 585 or does it.

Hopefully the CEO enjoys his bonus for a pretty lousy year overseeing the SP drop of 90% and still drifting towards £1.50.

1863

You are correct in your observations an absolute full scale b@lls up.

If i am underwater over a 3 month period to the tune of 50% there must be people well and truly sunk with this share.

Busted flush another poster called it, best comment on here for a long time.

Ceres are in massive trouble if they do not come through on one or two of the promises they have made to investors.

You sound like tories blame everything on external factors. Absolute bulldogs.

You may well be right.

The companies health is reflected in its SP we are suffering a terminal illness for the foreseeable. I personally have accepted my investment is written off and am on the verge of calling CEL for a scam situation over 3k ( i wish)

I have said before the company must start to get a plan together this includes the CEO stepping down and at least 300 redundancies re focusing on whats bring in money and dump anything that is not.

Who would of thought it a deal with speedy hire and the ammonia cracker.

The sp now flying. Hopefully this shows if Ceres can get a deal or deals done we may well be able to follow suit in the very near future.