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CFU - Ceramic Fuel Cells

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anyone know what is the present outcome re the company assets that were held in CDOs that went sour, neccesitating the cap raising at 5c.

Is it irretrievably lost, or might some be recovered?
 
awg said:
anyone know what is the present outcome re the company assets that were held in CDOs that went sour, neccesitating the cap raising at 5c.

Is it irretrievably lost, or might some be recovered?
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Yes, CFU is proceeding with legal action to recover the money lost or most of it, and is confident of a successful out come for the shareholders. This may take some time though.
 
I lifted this from another forum.

From Timesonline..the last paragraph might be portentious for CFU


An influential think-tank, supported by the government, will tomorrow urge £150 billion of new green taxes on businesses and households ”” including a £3,300 levy on new cars.

The recommendations from the Green Fiscal Commission (GFC), to be presented by Lord Turner, head of the committee on climate change ”” and chairman of the Financial Services Authority ”” could bring a drastic reshaping of the tax system to curb greenhouse gas emissions and encourage investment in low-carbon technology. Among the proposals are a tripling of fuel duty over the next decade, a household energy tax, and the hefty tax added to the price of every new car.

Greg Barker, the Tory environment spokesman, Alan Whitehead, a Labour MP on the energy select committee, and Chris Huhne, the Liberal Democrat home affairs spokesman, will speak at the launch of the 100-page report from the commission ”” a body of academics, industrialists and politicians set up to advise government.

The GFC, which is chaired by Robert Napier, chairman of the Met Office, argues for a “fundamental rebalancing of the tax system” based on the “polluter pays” principle.



* 'Green’ tax will end up depriving the needy

* Matt Cooper: Lenihan sorely taxed to get his way on cuts

It wants to double the proportion of green taxes in the overall tax take from the current 7%. The government’s total tax income would not rise because the hikes in green levies would be offset by cuts to income tax and National Insurance contributions.

The report sets out different models for the tax system depending on different commodity-price assumptions and required levels of investment for clean technologies and energy-efficiency measures.

The broad theme is for a raft of new “eco taxes” aimed at curtailing activities, of both individuals and businesses, that use natural resources or create pollution.

Paul Elkins, a professor at University College London and the author of the report, said: “It’s really a question of moving a mindset. We’ve had it as a given that energy is cheap, so we have been wasteful. This has to change and the only way to do that is to make the polluters pay.” Elkins said he was “hopeful” that the recommendations will be adopted by the leading political parties.

Among the most controversial proposals would be a £300 tax on new cars, increasing annually to £3,300 by 2020.

Representatives from the Tories, Liberal Democrats and Labour were closely involved in drafting the report.

The Tories have been briefing power companies on a scheme that would provide £6,500 to every household in Britain to spend on energy-efficiency measures. The sum would come in the form of a low-cost loan to energy suppliers, which would be repaid over several years via contributions through domestic energy bills.
 
Have just learned that CFU will be the subject of an interview/report on Inside Business ..ABC..With Alan Koheler.

Goiing to air now...but delayed 1 hour for us Qld'ers
 
Boyou said:
Have just learned that CFU will be the subject of an interview/report on Inside Business ..ABC..With Alan Koheler.

Goiing to air now...but delayed 1 hour for us Qld'ers
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Totally missed it Boyou, how did it go? Nothing posted on the CFCL website as yet.
I trust it was postive.
 
Yes,positive.Only a short piece.

A mini tour of the Noble Park facility with Brendan Dow and mention of the Heinsberg plant.

Nothing new for us,just good to know it's on the mainstream radar.

The Insiders show ,which contains A K's Business report is available on i View from the ABC website.Thay have it up there now ,but not sure if the CFU segment is covered.
 
Well done Boyou.
Yes a good little article, nothing new to those who have been following the company, but the more times the media pick up the CFCL story the better for the company.
I wonder how the power utility and the gas supplier utlity / companies feel about the concept of distributed power generation (ie people creating their own power, using gas).
 
Thanks ,Jbocker.
I think CFCL's strategy for marketing the units in other countries,those where it has agreements with power utilities ,is to supply the units directly to them ,they then lease /hire them to consumers ,thus generating revenue that way.

Not sure how these utilities view the prospect of individuals owning them outright..might have implications for their revenue stream.

The other issue that someone raised (can't remember where i read it) ,is Safety... the problem of isolating sections of the grid when power lines are being serviced /repaired ,if the grid is also taking power from individual units feeding back into the grid..might be asubject of interest to the unions ,if no -one else...
 
That won't be specific to CFCL, and other methods are already returning power to the grid so they must have it sorted.

On the flip side there is a benefit in that the more individual generators(of any kind) in the grid alleviates base(and especially peak) load meaning less demand on infrastructure(supply chain) causing less blackouts, and when blackouts do occur less area would be affected.

cheers
 
Good info MACCA350

I would suppose you are right ..the issue must have been dealt with before.

Your other point about the grid is astute..it randomises ,or perhaps diversifies the generation sources.. the old saying about not putting all your eggs in one basket comes to mind
 

This IMO is a bull**** concern raised by the power distributors. With any solar panel installations, the inverter (used to convert the 24V to 240V) requires 240V to operate. If they have isolated the power lines in order to work on them, there will be no power reaching the house and no power to power the inverter - hence NOTHING getting back onto the grid.

Surely the fuel cell will have something similar installed - it must have to have power in order to make it. It can't just magically turn on like a transformer robot!
 
Eddie said:
Hi guy's as i disclosed previously i'm a massive noob and hav no idea wat is goin on

Wats the go with CFU!!! Why has it dropped to 26 cents?????
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As someone said spekky shares will be particularly affected by market sentiment. I noticed that NASDQ has made a bottom on the second of the month and a top on the 23rd for the last two months and November is looking much the same.

I don't own any CFU - but I was thinking, by that pattern I might see an opportunity to buy some on the next overall dip in the markets.

G
 
gman027,this is still a high risk play.

Current Sp reflects the market's aversion to that risk.They still have to deliver on "expectations" of orders from their major utility partners..when and if they do CFCL are going to move fast.

The Rand D phase is behind them..guess it is all down to marketing and the market

Good luck if you buy in..I keep buying on the dips also
 
I think the share price will start going up as the Copenhagen meeting is coming, any thought?
hopefully another big jump.
 
yma said:
I think the share price will start going up as the Copenhagen meeting is coming, any thought?
hopefully another big jump.
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IMHO I do not believe Copenhagen will have influence on the share price.

The increase will come when CFU get up to full production in Germany. They are currently looking at 10,000 Blu Gen Units in the first 12 months, increasing to 160,000 down the track. Once CFU start to show a substantial profit and the dividends start to flow, then you could expect to see some movement in the share price. Just when that will happen, you should seek info from the CFU Directors. They will most definetly respond to your queries.

Japan is keen to use this technology and have one on trail with the prospects of 50,000 units if they meet the criteria. The countries who will be the main users in the future will be the EU, Brittain, Japan and maybe Canada, where in particular the EU and Brittain who do not have sufficient sunshine to support renewable energy. BLU GEN sets not only produce electricity but can heat something like 200 litres of hot water per day, which will benifit users in Brittain and the EU.

I have held CFU shares for a couple of years now and I'm not about to give up on them ATM. I have faith in the product and its all about time.
 
noco said:
IMHO I do not believe Copenhagen will have influence on the share price.

The increase will come when CFU get up to full production
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If, anything concrete comes out of the Copenhagen talk fest, all bets are off.
No one knows if an agreement can be reached in december.
A change in the CFU share price will occur regardless of any facts because the market will re rate the share price well in advance.
 

It doesn't need to be any agreement as long as getting more focus, i believe that low emission energy will be hot for a while.
 
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