Australian (ASX) Stock Market Forum

CFU - Ceramic Fuel Cells

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I hope you're right about the "stellar performance".

My reading of the Climate Change debate (what debate? isn't the science all in?) is that it has a shock in store for us this year, as the Global Warming scare collapses.

Hence many eco plays will collapse too. I think and hope that CFU has a place as an efficient distributed energy supplier in a Europe with energy demand outstripping supply - not as an eco play - but I'll have to do some work on the figures.
 
It may be premature, but I'm out of CFU today - at an uncomfortable loss, but so be it. (If ever there was a clear Buy signal, this is it!!).

The more I look at it, the more I'm convinced the Global Warming scare is going to unravel. Probably later this year. Carbon trading was an absolute shambles and collapsed in Europe last year. I can see no reason why Australia's would be effective - principally because it is based on junk science and the spotlight will be turned fully on the IPCC report when everyone starts to realise just how much it's going to cost them. Don Aitken's paper, reported in The Australian yesterday, was probably just the first in a confidence-shaking series for the true believers. Another cold winter in the northern hemisphere will just about kill them off, and that is looking likely because solar cycle 24 (which the IPCC deny has any impact) is badly delayed. Cycle 23 could end up being the longest in 100 years, and long cycles are bad news for climate (coooold).

CFU's longer-term future was looking pretty impressive, but I think profit margins will depend on a substantial carbon cost, and anyway it will be quite a long time before sales and profits build up. I'll just switch the money into gold and oil and wait a while.

OK, I may be wrong. I'm almost certainly acting far too early. We will see.
 
I don't think that this company's future is solely link to climate change. There is also the distributed generation aspect of this technology that is also a point of interest for alot of utilities along with the greater efficiencies of fuel consumption.

The technology is greener, true, but if climate change turns out to be another Millennium Bug fiasco I don't think it will be a death knell for CFU.
 
You're probably right, it's just that I have been doing a lot of reassessing of the alternative energy / global warming scene, and coming up negative. Today's announcement surprised me - CFU fund-raising - as I had in my mind that CFU was well cashed up and had 3-4 years' supply.
 
It would appear that action yesterday shows some interest returning to CFU. I can only count this volume being exceeded 14 times in the last 2 years.
 

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Good news:-

Efficiency up to 60%.
Less than 12 months away from production.

Previous bad news:
The CFO badly invested the cash and has lost much of it (now sacked).


In my opinion will be a 10 bagger from low point - whenever that occurs -as once it is producing the campnay will be in a position to develop a strangle hold of the market - like Cochlear.
 
Knobby22 said:
Good news:-

Efficiency up to 60%.
Less than 12 months away from production.

Previous bad news:
The CFO badly invested the cash and has lost much of it (now sacked).


In my opinion will be a 10 bagger from low point - whenever that occurs -as once it is producing the campnay will be in a position to develop a strangle hold of the market - like Cochlear.
Click to expand...

Yes! Knobby22, best news I've heard in the past two years. I was becoming a bit sceptical about CFU, but decided to show some confidence and stay with them.

Had a promotion Phone call yesterday pugging Kevin Rudds SOLAR CELLS subsidy of $8K.

I asked the promoter, What was the efficiency of SOLAR CELLS, and they had no idea.

Do any ASF members know the answer to the efficiency of Solar Cells ?

I'm curious!

Noco
 
noco said:
Yes! Knobby22, best news I've heard in the past two years. I was becoming a bit sceptical about CFU, but decided to show some confidence and stay with them.

Had a promotion Phone call yesterday pugging Kevin Rudds SOLAR CELLS subsidy of $8K.

I asked the promoter, What was the efficiency of SOLAR CELLS, and they had no idea.

Do any ASF members know the answer to the efficiency of Solar Cells ?

I'm curious!

Noco
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Nice to hear it Noco.

Today's solar cells have an efficiency of up to 15% but there have been breakthroughs - http://www.eetimes.com/news/latest/showArticle.jhtml?articleID=201202573

The fuel cell works at night though when generally the residents will need the power as they will be home from work. Storing solar energy for night use isn't efficient.
 
Knobby22 said:
Nice to hear it Noco.

Today's solar cells have an efficiency of up to 15% but there have been breakthroughs - http://www.eetimes.com/news/latest/showArticle.jhtml?articleID=201202573

The fuel cell works at night though when generally the residents will need the power as they will be home from work. Storing solar energy for night use isn't efficient.
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Thanks for that info Knobby22, I believe the batteries required to store Solar Power are very expensive. So it looks like Solar Power is not the way to go.
Noco
 
noco said:
I believe the batteries required to store Solar Power are very expensive.
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Not really...Standard type deep cycle, lead acid Battery's are about twice the cost of normal quality car battery's.

Fullriver Sealed Lead Acid AGM Battery 12Volt 38Ah DC $207

http://www.energymatters.com.au/fullriver-sealed-lead-acid-agm-battery-12volt-38ah-dc-p-156.html

Actually surprised at how things have changed...some super hi quality battery's
at that site for over 1000 bucks each. :eek:

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And CFU is still tanking....where is the bottom???? and have a look at that volume!
 

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So_Cynical said:
Not really...Standard type deep cycle, lead acid Battery's are about twice the cost of normal quality car battery's.

Fullriver Sealed Lead Acid AGM Battery 12Volt 38Ah DC $207

http://www.energymatters.com.au/fullriver-sealed-lead-acid-agm-battery-12volt-38ah-dc-p-156.html

Actually surprised at how things have changed...some super hi quality battery's
at that site for over 1000 bucks each. :eek:

----------------------

And CFU is still tanking....where is the bottom???? and have a look at that volume!
Click to expand...

I agree, where is the bottom? That is why I said "10 bagger from low point - whenever that occurs". I think there might be a dilutionary fund raising at some stage, as I think the market does, which is why the sp keeps falling.

The other problem with batterys 'cynical' is that they are environmentally unfriendly. An invertor is needed to convert the power to AC which produces further losses.
Solar cell systems need a lot of space and are expensive though this will improve.

We are talking completely different needs and technologies anyway.
In cold countries, the fuel cell will not only provide cheap electricity and help governments reduce their need to build new power stations, it will also heat the home. Their is a real market for it.
 
Up 113% today.
Maybe that was the bottom.

Noco, maybe the high volume showed that interest was growing.
 
As a holder I hope they do well in the future :cool:

I bought in when they were 28c, then again at 16c, then doubled my holding at 7c.........now I'm holding to see where they go in the next year or so.

cheers
 
bought into this stock today at 7.9c

some big volumes traded today

any thoughts out there

cheers
 
I think the price is being supported to get the raisings off. I sold mine but bought into the raising. I reckon they will fall a bit before they take off due to profit taking from the raisings.
 
seems like i may have gotten the same thing as knowing the outcome before the race started:)

my mail arrived at 2.30pm ysterday, i opened it at once, and saw the prepopulated entitlement at 5c. (the closing date:confused:)

I had previously decided not to take up the offer, as the SP was low, but had just scanned the market for top % risers and seen CFU at 8.6c, up 25% for the day.

i gave the registry a tinkle and they affirmed so long as i bpayed and faxed the offer doc b4 5.00pm, I would be ok, so I did.

obviously i am averaging down on this stock, but even at 7.8c now, that would represent a 56% unrealised profit, at least bringing me MUCH closer to breakeven.
 
I've averaged down twice already, contemplated taking up the offer and average down again, but I just couldn't bring myself to put more into it(already in to the tune of $30k) I do believe they will come good over the next year or so............although 5c was real tempting(closed yesterday did it?)

cheers
 
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