CFU ceramic fuel cells limited

elephant in the room, page-6

  1. 2,428 Posts.
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    I think there are a number of reasons. Obviously current market is up the duff...everyone is down and speculative shares are being affected more than some

    I think a lot of people were thinking that 2012 was going to see kick off with the EON deal for 100,000units over 6 years. So I think the high teens had that priced into it

    I think Small Cap Investor with its recommended stop losses at something like 14.5c meant that lots of people purely in CFU for the investment rather than the story got out in that range simply because someone else said so...not as a result of their own research into fundamentals and developments...so saw a rather big dip in SP

    Spinning wheels...we are ~30 months after opening a manufacturing facility capable of 10,000 Gennex units annually. It has the ability to expand and produce 160,000 fuel stacks per year. Yet in the 30 months it has been open it has only been responsible for the manufacture/sale of less than 1,000 units.

    The only thing stopping me from dumping CFU is the fact they have not really had any negative developments relating to companies doing a Nuon and walking away...just slow to tick sales boxes because the powers to be need it to add up financially...which to me is the elephant in the room. They have talked about reducing the unit costs in almost every announcement since 2008...so the unit cost is still a sticking issue with getting this company off the ground
 
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