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Ceres Power Holdings PLC (CWR)

London
Symbol
Exchange
Currency
CWRLondonGBP
CFJAFrankfurtEUR
Currency in GBP
Disclaimer
145.20
+6.00(+4.31%)
Real-time Data

CWR Price Commentary

In ceres trouble
dropped to a multi year low at 159 worth buying for a bounce?
in at 146
Classic manipulation today.
This has X5 potential now.
this is going down every day at the moment, even when ftse is up.
Seems to be in ceres trouble
Ceres SteelCell™ technology is best suited to heavy payload and long-range transportation applications. In partnership with Weichai Power, Ceres has developed a unique electric vehicle (EV) range extender system operating at high efficiency and with very low emissions. By utilising existing liquid and gas refuelling infrastructure, it is able to significantly increase fleet operating effectiveness compared with pure EV. The highly durable and low cost Ceres SteelCell™, which can be operated on a wide range of fuels, is a key technology within the portfolio of future power trains. Weichai has successfully demonstrated 30kW range extender for electric buses with the potential to move to higher power applications. These systems are powered by natural gas but can also run on hydrogen blends, as at February 2022 the fleet have completed 60,000km whilst generating power. Amazing!!
Berenverg trim taget slightly but still an amazing target. 1,140.0p. Those, they said, confirmed that the fuel cell and electrolyser manufacturer's progress over that time period, while cash burn had been as guided to. Nevertheless, as the company had cautioned, the fact that the signing of its two joint ventures in China was now expected to occur later in 2023, then the associated revenues were only likely to be recognised in 2024. Hence, Berenberg's move to trim its target price from 1,155.0 to 1,140.0p. "The update on timing of the JVs is likely to frustrate the market, in our view, but we are encouraged that [Bosch and Weichai] remain committed to getting it over the line before year-end. "We reiterate our Buy rating with Ceres continuing to offer a genuinely differentiated product, business model and portfolio of blue-chip partners."
Insider wheeling and dealing obv.
I dound the fall of 10% the day before the announcement to cooncidental not to be inside knowledge.
Why has this fallen so much in two days?
News. Which isn’t to bad actually. Its always a kneejerk reaction when the good news is delayed. I see nothing but huge upside. If this were on the nasdaq it would be 10 times the ridiculous price it is now. This is going to revolutionise power source and production.
Having read the informarion peivided . I still havent xhanged my mind that Ceres is going to be a huge growth company. It will of course be boight out sooner rather than later by a bigger company. Its not if but when. Im going to carry on buying into the falls.
No need to panic but a great opportunity to buy!https://hydrogen-central.com/ceres-power-partner-weichai-launches-stationary-power-so-fuel-cell-system-ceremony-to-mark-its-ce-certification-with-tuv-sud/
Positives x 2. As well as the collaboration with Linde and Bosch on electrolysers, a separate contract for Bosch to develop ‘Power Units’ using Ceres technology got €160mln European IPCEI funding, while Doosan’s factory in South Korea that will mass produce Ceres' solid-oxide fuel cells is nearing completion, and a large-scale electrolyser for Shell PLC (LON:SHEL) is undergoing testing before being deployed in India.
Positives-: Both Bosch and Weichai have reconfirmed their commitment to signing the China JVs this year, the hydrogen fuel cell company said, but given the delay so far it is “taking a prudent view” that revenues are unlikely to be recognised this year.
Even 50% of Berenbergs price target would give a £5.77 as a near term price. A long way to go and with a chinese deal imminent along with other licensing deals. A solid buy!!
Is news imminent with the rapid ascent of the share price today. A chinese deal would be welcome.
In a statement, Professor Sir Richard Friend FREng FRS, Chair of the Royal Academy of Engineering MacRobert Award judging panel, said: “It is impressive to see what Ceres Power has achieved with its SteelCell technology. The innovation promises to be a huge game changer for hydrogen generation and marks a significant breakthrough in clean energy technology, providing the tools for companies to reach net zero, even in the most hard-to-abate sectors.“Ceres’ spectacular work continues the UK’s proud tradition of world-leading engineering innovation and highlights the important contribution the UK can make in tackling the ongoing climate crisis.”
Ceres Power, the company behind ground-breaking solid oxide fuel cell technology, has been awarded the Royal Academy of Engineering’s 2023 MacRobert Award. Ceres Power receive the 2023 MacRobert Award From HRH The Princess Royal
£11.55 is some target. A solid safe Buy for me.
that's about where I bought. Still good news is good news.
Recovery in place here trading statement good
Indeed.
I can make this
Could go to 200’s in next week
You wait. It’s coming.
shorters getting caught out today.it's about time. news of partnership contracts and ftse 250 listing only a short distance away I feel. gla
the brakes seem to be off with funding in this sector atm. happier days ahead I feel for this one.
Biden has betrayed green energy.
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