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EDE - Eden Innovations

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Re: EDE - Eden Energy

Quite impressed with EDE's chief Solomon's business acumen (well, i do hold EDE). He bought HyRadix for cheap when a lot of money had been invested into its R&D by it's ex owners.

now look at it; it's already a positive cash flow company, and getting into strong agreements with market leaders.

with this kind of cashflow from its subsidiary companies, EDE, if they wanted to, could even report a fledgling profit on its books only a year after listing on the ASX.

but they would most likely channel that money into their geothermal and CSM explorations.

fantastic. this negates the need for further share issues/ dilutions and other nonsense explorers have often to do.
 
Re: EDE - Eden Energy

i have to admit that when buying these at the float i imajined one day retiring on a big boat one day courtesy of ede.

i reckon its wrong to think like that, but my greed is tempered by the knowledge that if they do as planned, so many people will be living in much cleaner air, and the planets atmosphere will be that little bit better thanks to ede.

hydrogen is relatively expensive to produce. if their project at qld uni (i think) works out, would it not be a scientific breakthrough on a global scale?
 
Re: EDE - Eden Energy

Anyone taken much interest in this one lately? Seems to be on a downward spiral. Looks like they ran out of money (maybe exaggeration) as they just issued over $3m more shares.

I've been holding for over 12mths now. If I had more $$ I'd probably look at topping up soon.
 
Re: EDE - Eden Energy

I'm Keen to buy in.............when they reach bottom

They really need some cash flow (positive)
 
Re: EDE - Eden Energy

intersting MQG bought into them & now a trading hault.... dam and I was going to buy into them today interesting times maybe/???
 
Re: EDE - Eden Energy

Yeah I must say it's been a rollercoaster ride. But, like I keep getting told it's a keeper. Ride the waves
 
Re: EDE - Eden Energy

Nice ANN today.

They've won a contract to supply a public hydrogen fuel station in the India. Big news I believe. Rollercoaster heading up!
 
Re: EDE - Eden Energy

Something's brewing... a revival perhaps? Could be just speccie. Check out the chart... (can I put this on here?)
 

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Re: EDE - Eden Energy

I only just got around to reading last weeks BRW and Eden had about a three quater page write up in there about their hythane project in India.

It is in trial stages at the moment and if it does go ahead, it will be a company maker imo.
 
Re: EDE - Eden Energy

from Eden announcement
6 May 2008

"Indian Hythane Market Projections

Cumulative Number of Hythane Buses:
2009 - 2011 - 2013
150 2150 17650

Cumulative Number of Hythane Dual Fuel Generators:
2009 - 2011 - 2013
5 155 655

Cumulative Number of Dual Fuel Kits:
2009 - 2011 - 2013
20 160 480

If these projections are achieved with the targeted profit margins which Eden believes are reasonably achievable, based on a conservative base case scenario, Eden’s Indian Hythane ® operations should deliver a small maiden net after tax profit in Financial Year 2009-2010, that is budgeted to rise significantly over the following years"

Also,

"4. Preliminary agreement with Cummins India has been reached and a Cummins diesel powered generator has been taken from India to Hythane ® Company’s test facility in Colorado in the United States where the necessary development work for operation of the generator on a combination of diesel and Hythane ® is nearing completion. A pilot project to demonstrate the economic and environmental benefits from this is planned for 4Q 2008, when the hydrogen reformers are scheduled for completion."
 
Re: EDE - Eden Energy

Any more thoughts on this stock? Price looks ok, company seems sound, but it's gone nowhere for a while and from what i can tell (only just starting to use charts) it seems to be still pointing south. Dont ask me to post my chart, it'll just embarrass me and make me look like an amateur. which i am.
 
Re: EDE - Eden Energy


Companies like this, developing new technologies, have a long term battle on their hands and are therefore a long term investment or a short term trading proposition. As such they are out of favour in a bear market. Because of this the possibility of good buying in these lulls in activity is there. Maybe the pollution evident for the olympic games will prompt China and India to speed up the introduction of pollution reducing technologies. This should help companies like EDE and ACE to prosper. Patience is required here. Faith also helps.
 
Re: EDE - Eden Energy

EDE - Eden Energy
Company Summary
  • Market Cap: 41,501,507
  • Issued Shares: 180,441,339
  • 52-wk High:0.63
  • 52-wk Low:0.22

EDE have some good projects but its still early days....they need cash flow.
 

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Re: EDE - Eden Energy

Pete,

My guess would be something to do with the construction of the Hythane Fuel Station...

Exciting times
 
Re: EDE - Eden Energy

Ah, new announcement out...

It appears Zoom have Injected a Loan ammount (Capital Sum) $5M + 10M Options....

Loan to be repiad on or before 28 Feb 2009 Uness converted to shares...

Nice to have a large Indian company backing Eden like this.
 
Re: EDE - Eden Energy

Trading in EDE has been suspended pending an announcement regarding the companies funding arrangements. Could be good or bad news!!!!!
 
Re: EDE - Eden Energy

Looks bad to me - Zoom didn't come up with the money and Eden now need to find working capital elsewhere. After everything looking so well recently, with the Hythane deals in India and at LAX, this is a bit of a bummer

I hold a small number of Eden shares.
 
Re: EDE - Eden Energy

SUSPENDED

Until the directors can find urgent alternative funding they went into voluntary suspension.

Zoom where meant to make their payment midnight 22nd September. They are in breach of their letter of intent so the directors of Eden have terminated the letter of intent.

It is a pity as they are onto a good thing.
 
Re: EDE - Eden Energy

Eden are back trading after a lengthy break, dropping solidly. Goldman Sachs selling down their holding after raising cash from assets sales.

I bought some today and will continue to buy small parcels for a longer term hold for the Hythane projects India, also the CSG in UK which they still hold around 14 tenements and have sold off four for around $AU6.5 million.

Hythane sounds good, but will be expensive to get profitable as the margin on sale is Gas prices + 10% which covers the cost of producing the hydrogen. Equipment is expensive and they have sold the manufacturing company for the equipment, but have agreements in place to buy at

Latest BRR interview with greg soloman well worth a listen:
http://www.brr.com.au/event/55832

Any thoughts on this lazy dog? will post some research later.
 
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