Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
Register now or login to post to this thread.
  • Page:
  • 1

Ceres Power (CWR)     

skinny - 04 Oct 2017 13:03


Borne out of Imperial College in London, the SteelCell™ was the invention of lithium battery and fuel cell pioneer, Professor Brian Steele. Ceres Power has been perfecting this unique technology for sixteen years and has recently received the endorsement of several world-leading engineering companies whose aim it is to embed the SteelCell™ in the next generation of their products.

Company Website

Financial Calendar

Recent Broker notes

BarChart Indicators

Recent Market news

Ceres Fundamentals (WJG)

Link to old thread

skinny - 04 Oct 2017 13:03 - 2 of 9

Final Results


Strong commercial progress has driven improved financial performance

· Revenue1 and other operating income ahead of expectations, up 140% to £4.1m (2016: £1.7m).
· EBITDA2 loss down by 11% to £10.3m (2016: £11.5m) while continuing to invest in people, technology and operations to support growth into higher power applications, addressing new sectors including EVs and Data Centres.
· Equity free cash outflow3 reduced 17% to £9.4m (2016: £11.3m). As of June 2017, the Company held £17.2m in net cash and short-term investments, ahead of previous forecasts.
· Growing order book of £3.2m (2016: £1.7m) positions Ceres Power for continued commercial growth.

Rapid development towards commercialisation:

· First significant US commercial success with Cummins & US Dept. of Energy to develop multi-kW systems for Data Centre and commercial scale applications.
· Signing of fourth significant partner and first 'go-to-market' agreement to develop a combined heat and power ("CHP") product for the business sector, adding to agreements with Cummins, Honda & Nissan.
· Agreement signed in May 2017 with an existing Global OEM to develop a residential CHP system.
· On track to sign fifth partner by the end of 2017.

Further technical progress highlights SteelCell's proven performance and Ceres Power's manufacturing expertise

· Successful UK field trial proved SteelCell™ is reliable, highly efficient, and can generate low carbon heat and power that could save home-owners around £400 a year.
· Formal release of SteelCell™ version 4 to customers with improved performance and manufacturability.
· Assessing options to increase UK manufacturing capacity to meet near term customer demand and continuing to explore manufacturing partner for large scale production.

skinny - 10 Jan 2018 07:55 - 3 of 9


HARRYCAT - 10 Jan 2018 16:33 - 4 of 9

Amazing how different charts for the same Co can present a totally different perspective.
Originally a company that promised a great deal and then never delivered.
Not sure about reinvesting..........once bitten!


skinny - 04 Jul 2018 11:42 - 5 of 9

Ceres Power completes £20.0 million fundraising

hangon - 07 Aug 2018 15:42 - 6 of 9

7Aug2018-DYOR- share CONsolidation, 1 for 10, hence the price-rise( now ~155p )... but don't sell what you don't own.
Prior to 2010 this peaking at 240p, and that was (DYOR), before the 10:1 - it has slipped a lot since those days.

skinny - 24 Sep 2018 07:26 - 7 of 9

Bosch £9 Million Equity Investment

Ceres Power Holdings plc (AIM: CWR) confirms that, further to the announcement on 21 August 2018, 5,973,660 new ordinary shares of 10 pence each ("Ordinary Shares") have been allotted to Robert Bosch GmbH at the then agreed subscription price of 150.8p and are expected to be admitted to trading on AIM on 25 September 2018. This investment totals £9.0 million and its holding will equate to approximately 4.4% of the expanded issued share capital.

As a result of the Bosch equity investment, Weichai Power, under the provisions of the existing contract and in order to maintain its current holding level of 10% of the issued share capital, will invest a further £1 million to subscribe for an additional 663,740 Ordinary Shares at the same price. This additional Weichai subscription is due to complete in October 2018.

These issuances will be satisfied using the current shareholder authorities approved at the last General Meeting.

skinny - 09 Oct 2018 08:52 - 8 of 9

Final Results


· Revenue and other operating income up 71% to £7 million;
· Bosch and Weichai Power strategic partnerships with significant equity investments, development and licensing agreements;
· Major increase in order book from £3 million to £30 million at the date of these accounts;
· Strong cash position after new equity of £49.3 million from financial investors and Bosch and Weichai post financial year end;
· Progress with existing partners - field trials to start with confidential partner later this year and new programme signed with Nissan backed by £7 million of funding through the UK's Advanced Propulsion Centre;
· Increase in net electrical efficiency to 60% achieved in customer systems and first-of-a-kind 5kW stack design completed;
· £7 million investment in new manufacturing facility announced, creating 60 jobs in Redhill, Surrey (UK).

Phil Caldwell, CEO, commented:

"2018 is a landmark year for Ceres. We have seen a big step change in order book and strong revenue growth as demand accelerates for technologies that can enable a post-combustion future. In the last five months alone we have announced equity investments and new agreements with both Weichai in China and Bosch in Germany adding to our existing relationships in Japan and the US. We are proud our unique British SteelCell® technology is setting the standard for solid oxide fuel cell technology around the world. We are now working towards trials for three separate products that tackle air quality and climate change.

Our progress this year confirms we have the right strategy to enable our partners to access our technology and establish Ceres Power as a global leader in the fuel cell industry."


skinny - 02 Dec 2018 12:21 - 9 of 9

A mention here.
  • Page:
  • 1
Register now or login to post to this thread.