Has anyone got any ideas why VLR continues to fall? They are one of the few Fuel cell company to have actually successfully comercialised their product and the potential for future growth is huge.

Looking at the graphs looks like a rise is on the way...

Graph looks good because:
a) Price near the bottom of the Bollinger Bands
b) When the blue line cuts the red one on an upward move that will be a very good sign. At the mo this part of the graph is not certain. When it changes would be a good time to buy.
c) RSI is low good time to buy (Relative Strength Index)

Told you 7% up... might buy in on monday
Blue line is moving north and may cut the red line soon... another good sighn

Jojojo,

I agree - am wondering just as much as you. How come Ceres Power (CWR) seems to be attracting all the attention? I think CWR has been successful in continually raising its profile with Government bodies and is now involved with a lot of multinationals in researching a "coherent national energy policy".

CWR is currently valued at 9 times last reported assets. I expect that the next set of financials, due to be released shortly, will contain more good news and further boost the share price. But is the current SP justified? Certainly a lot seems to be riding on good prospects rather than fundamentals. VLR, by contrast, is trading only about 35% above NAV. A definite plus for VLR is that it has a big cash-pile of 7.6 million (at end of year 2005), sufficient to see it through three or four years of R&D at current cash-burn rate. Unlike CWR, Voller does not seem to have committed much funding to developing manufacturing facilities, which makes VLR look a bit small-scale at present.

CWR also seems to have benefited from a fair bit of "first-to-market" premium.

The agreements with Calor and others, however, offer a lot of grounds for optimism for VLR. I am encouraged by VLR's product range/pipeline and the fact that Speedy Hire has taken Voller seriously enough to order 300 units of the 10KW Generator. To quote the interim results: "Production has commenced of the Speedy Hire Porta Charger and the initial order for 300 units will be invoiced in the first quarter of the calendar year." Unfortunately the Charger does notyet seem to have found its way on to Speedy's website - I can only assume that delivery has not yet taken place.

I certainly intend to watch this stock for a while and to do some more research on the fuel cell industry in general. But does anyone else have any thoughts on why VLR is lagging? And if Ceres is the Coca-Cola of fuel cells, will Voller turn out to be Pepsi or merely Panda-Pops?

Soul Trader,
Thankyou for you insight and I strongly agree with your points, although previously a shareholder of CWR at 99p I believe VLR are now in a stronger position than their rivals and soon the market will realise this and the shares should rise.
Unlike the rest of the sector I think VLR are heavily undervalued and the only fuel cell company that should be a 'Buy', although if in your research you spot some other companies similarly undervalued like VLR, i.e. in the renewable energy of fuel cell sector, please inform me.
Another company I monitor closely is REH, renewable energy holdings, and although the share price is fairly static I believe the long term potential looks great and the shares could be worth over 100p in a year.
And on your last note let me assure you Voller will be the Pepsi, without the Micheal Jackson incident, and soon take on Coca Cola.

hi jojo, i am only commenting on your previous post about cwr and not investing in manufacturing facilities, perhaps you might want to look at CFU imho. dyor

Finally a positive move !!!! Up 16% today!

grooverjr i'll check CFU, from first glance it looks like they keep the market updated with newsflow which could be a pleasent change form VLR, thanks for the tip.

Any news regarding today's price jump?

The rise is due to Shares comment this week, soultraders.

Thanks, hlyeo - haven't seen the mag yet as my copy is in Germany and I'm not.

its a great article for Voller and I think we can expect a push through 50p in the next few weeks as it should have increased awarness OF vlr and also catch those who missed ITM + CWR.

I see that Paul Scott has a built up a large holding in VLR.

Voller Energy Group PLC
24 April 2006

24 April 2006


Voller Energy Group PLC

Launch of New Fuel Cell System

Voller Energy Group PLC, the leading commercial supplier and manufacturer of
portable fuel cell systems, announces the launch of a new industrial fuel cell
system, the VE100 Rack Mount ('VE100RM').

The new fuel cell system can charge remote monitoring equipment, surveillance
cameras and industrial equipment in remote locations. The VE100RM can also be
used in conjunction with other power sources such as Photo-Voltaic ('PV') solar
panels or wind turbines to provide continuous power over an extended period of
time.

The VE100RM is aimed at customers with a requirement for constant energy, or
high up-time equipment in a variety of remote or potentially hostile
environments. Historically, most of these applications use batteries, which have
to be recharged. The new VE100RM fuel cell system will re-charge them
automatically.

Using Voller's own software, the new fuel cell system logs and monitors the
battery charge. This information can be accessed and monitored remotely via a
GPS phone link.

The new fuel cell system is powered by hydrogen gas which can be supplied from a
normal compressed hydrogen cylinder and regulator available from any compressed
gas supplier or from a refillable canister supplied by Voller Energy. This
refillable canister stores hydrogen at low pressure dissolved in a metal hydride
salt. The Voller canister can be mounted within the 4U 19' rack mount case
enclosure.

Once running, the automatic charge mode, fuel canister reset and various display
modes can be selected from the front panel. An 8mm pipe connection is also
provided on the front panel for ducting away moist air and water vapour. The
unit will automatically 'awaken' from standby mode to charge external batteries
when they drop below a preset voltage. This means that the useful lifetime of
batteries will be extended and it will also reduce the number of man-hours
wasted unnecessarily on checking and recharging the batteries.

Stephen Voller, Chief Executive of Voller said:

'This is an exciting development and is further evidence of our ability to
provide practical fuel cell system solutions which meet our customers' needs.

Today there are so many different types of industrial equipment that need
non-mains delivered electric power, so the potential of this new system is
substantial. Certainly, the security industry could become a major beneficiary
of our technology as it will provide safe, clean and efficient recharging
capability for surveillance or other electronic equipment situated in remote
locations. It is further evidence of Voller Energy's commitment to providing
practical fuel cell system solutions which meet our customers' needs.'

Up up and away. Bought in at 39.5 and 50, Voller looks good for 80p a share.

SO 57p must be also a good entry point if that is the case.

Not as good as around 50 but still great value. Even with this jump the shares are not even close to reaching their potential, I think we can expect Voller to follow the price rise of ITM and CWR.

Zipide do dar !!!!

That's good news today and isnt the share price looking great again !!!

Im so glad I bought some Voller stock after the share's magazine article !!

I sold my Hamworthy HMY shares last week with an 80% profit to buy these and what a good moved that was, especially as HMY are down today

edited: 240406

Yes that certainly was a good move. It looks like the market has finally caught on to the potential of Voller, (I am now posting as G D Potts, formerly jojojo).

Profit Takers

Voller Energy Group PLC
26 April 2006

26 April 2006

Voller Energy Group PLC

Technical Update & Milestones

Voller Energy Group PLC (AIM: VLR), the leading commercial developer and
manufacturer of portable fuel cell systems, today announces significant progress
with its hydrogen reforming technology to extract hydrogen from widely available
fuels.

The emergence of this technology is one of the most exciting developments that
will enable the commercial fuel cell industry. It is a major step towards
achieving the commercial take-up of fuel cells by the end of 2007.

Fuel cells offer great promise in providing quiet, clean and
environmentally-friendly generators and battery chargers. Although fuel cell
technology has been around since 1839, the hydrogen that they require is still
not readily available. Whilst there has been much speculation about the
emergence of a Hydrogen Economy, there is still little evidence of the supply of
hydrogen being introduced commercially, therefore limiting the widespread
take-up of fuel cells.

Hydrogen does not exist naturally and must therefore be manufactured as required
or stored. However, hydrogen is widely available in hydrocarbons such as
propane or butane (also called Liquefied Petroleum Gas or 'LPG'), which are
commonly known as camping gas or Calor Gas. The 'Holy Grail' for the early
commercialisation of fuel cell technology has been the extraction of hydrogen as
required from existing fuels such as propane. LPG is tried and tested, safe and
readily available. In addition, it is easy to liquefy and transport.

In February 2006, the Company was delighted to announce its agreement with Calor Gas to collaborate on the development of fuel cells running from LPG. Calor Gas is the UK's leading supplier of LPG with over 70 years' experience in this
flexible and environmentally sensitive energy market. From 10,000 UK outlets,
Calor Gas supplies around four million homes, businesses and individuals who
rely on Calor Gas for an enormous variety of applications. The parent company of
Calor Gas, SHV, is the largest downstream distributor of LPG in the world.

Voller Energy believes that a significant step in the transition from today's
Carbon Economy to the Hydrogen Economy of the future is for fuel cells to be
able to take the hydrogen that they require from existing fuels. Up to now this
process of extraction or hydrogen reforming has been costly and requires
proprietary fuels, for example high purity LPG or de-ionised water which are not
widely available. Voller Energy has made significant progress towards solving
these problems by reducing the cost of hydrogen reforming and designing a simple
system that will run on these commonly available existing fuels.

Steam reforming

Most reformers use a process of steam reforming, combining water in the form of
steam with the fuel to produce hydrogen. Typically these systems require both
fuel and de-ionised water otherwise the impurities in the water contaminate the
system. Also the catalysts required in these reformers tend to be proprietary
and expensive, relying on precious metals such as platinum and palladium.

Voller's reformer

Voller Energy acquired KAT-chem shortly after the float in February 2005.
KAT-chem have demonstrated a pyrolyser process to extract hydrogen from propane.
A pyrolyser is a much simpler reforming technology that operates without the
need for water or steam, and in Voller's case, without using expensive
catalysts. In fact a key part of Voller's IP that is currently the subject of
new patent applications, has been the development of the low-cost catalyst which
does not require precious metals.

In October 2005, the Company successfully demonstrated in its laboratory a
pyrolyser producing 90w of hydrogen equivalent. The significance of this was
that standard Calor Gas propane was used as the input for the experiment. The
purity of the hydrogen produced was extraordinarily high. This system used this
low-cost catalyst technology.

In February 2006, the Company announced that it had signed a joint development
agreement with one of Germany's leading science research institutes, Zentrum fur
Brennstoffzellen Technik GmbH ('ZBT'), to accelerate progress in this important
area. ZBT has considerable knowledge and experience in this field.

Extracting hydrogen from LPG or propane is complex because of the chemical
structure and composition. Production of a tar like residue needs to be avoided
and impurities in the product gas such as sulphur ('S') and carbon monoxide ('CO
') would harm the sensitive membranes used in fuel cells. These components have
to be cleaned before they can enter the fuel cell.

In March 2006, ZBT successfully completed its feasibility study, validating the
design concepts of the Voller pyrolyser. Systems are now under construction for
testing.

Technology milestones planned:

Q2 2006

- Prototype designs evaluated for 1KW system

Q3 2006

- 1KW of hydrogen produced using prototype pyrolyser

Q4 2006

- Integration and test of fuel processor with 1KW stack system

Q1 2007

- Successful lab testing of complete 1KW system with Voller controller
and battery management system

Q2 2007

- Field testing

Q4 2007

- Commercially available

Stephen Voller, CEO of Voller Energy Group PLC, said:

'We are very excited about the developments that we have made with our hydrogen reforming technology. Few people have understood the depth of our own technology to date. We believe that this is an important development for the industry and is likely to accelerate the adoption of fuel cells in a wide range of
applications in sectors such as construction, camping, boating and the military.

Propane or LPG is a universal fuel available in most countries around the world.
The distribution network is mature and it will be many years before hydrogen is
as widely available. Calor Gas is extensively used in the core markets that
Voller Energy is focusing on, in particular in leisure and construction.

The UK generator industry is worth over 15 billion a year (source: Plimsoll).
These generators are used in as diverse applications as camping and caravanning,
in temporary buildings or cabins in the construction industry, for remote power
in the military, for auxiliary power in trucks and on yachts and boats. The
users of these generators would prefer to use a quiet, clean fuel cell generator
if the system would operate on a convenient fuel such as Calor Gas.''

There are over 25 million pleasure boats in use worldwide, 5 million RVs
(Recreational Vehicles) in use in North America, 40,000 new caravans built in
the UK every year, 200,000 cabins in use in the UK construction industry and
over 200,000 new trucks registered in the UK each year.

NOTES TO EDITORS:

Voller Energy Group PLC



Voller Energy is one of the world's first commercial developers and
manufacturers of portable fuel cell systems for use as battery chargers and
mobile generators.

Voller Energy is initially targeting commercially attractive areas including the
cordless power tool, leisure boating, recreational vehicle and military markets.
These are likely to be early adopters of the technology as the benefits of using
fuels cells, such as low noise, no toxic emissions and health and safety issues,
are important drivers. The portable power market is generally defined as up to
10kW and is expected to be worth $17 billion by 2011 (Canadian Fuel Cell
Commercialisation Roadmap - Price Waterhouse Coopers, March 2003).

Great post HLYeo.

One query: "The UK generator industry is worth over 15 billion a year (source: Plimsoll)."

Really? That means that every man, woman and child in Britain spends 250 per year on generators. Could they be missing a decimal point? Even then it still sounds like a lot.

Can't sit around watching this one getting away any longer - not after having missed Ceres Power and seen that hit 180 million!. In with a small-ish intial purchase at 66.4p, and will doubtless be coming back for more whenever I find any spare change down the back of the sofa.

I'm guessing that we'll see this rise a fair bit further over the coming days/months - 14 mil market cap somehow seems too cheap.

Thanks Jojojo/GD Potts for pointing this one out, and to all for your contributions to this thread.

Also got in at 66.4.
Im kicking myself that i missed ITM and Ceres ....was going to buy these a few weeks ago

I got in on Ceres at 99p but sold out at 180! So I am with VLR For the long term, in at 38 + 46, Lets see Voller fly.

I'm Kicking myself for not buying into VLR weeks ago..I nearly did several times but was put off by the dog in my portfolio TGN which is in the generator field and needs a bomb under it to move.
Finally bought in this morning with the view that I will buy more on any dips. I really think the more I read and research VLR that here we have another PDX only with more potential. The market is huge, the product is relatively cheap, they have Calor Gas in with them and quite frankly if they come up with the goods I will go and buy one myself as a generator that is quiet and can produce power to run electric products on Gas has to be brilliant for camping and a million other uses like building sites etc etc. The more I read about this product the more excited I get so I intend building up a bigger position in VLR. DYOR etc I'm interested to hear other views.
Another good article in Shares mag this morning saying BUY.
Di :-)

Thank god for Shares magazine, if it hadnt been for there article on Voller the other week I wouldnt be sitting with a 37% profit (as it stands) in just over two weeks. This is just the news I needed and im sitting tight on this one for the time being.

Anyone got any estimations about how high they will go ??

With more newsflow I think we can expect a surge over the short term, and then the long term future looks fantastic. I can see Voller reaching 120 - 150 by the year end.

Shares magazine says it is a BUY today considering its huge potential and market.

The SP has finally gone +ve on the news too.

Which is nice, as out of ten stocks in my portfolio, the other seven have turned red for the day and two are stuck!

Heading up again...time to get in

why the mkt cap so low?- have they got much happening atm or all in the pipeline?.

st- doesn't work like that i would have thought generator mkt is in business not home use relevant to construction and military etc .

Errrm . . . , have you read the RNS's posted on this thread, Lizard?

Lizard, I'm not sure I follow you.

I quote the latest RNS (see also post #23):

>>Voller Energy is initially targeting commercially attractive areas including the
cordless power tool, leisure boating, recreational vehicle and military markets.<<

Ceres Power, meanwhile is known to be targeting the domestic market, including a water boiler project providing combined heat and power for individual homes using fuel cell units the size of, allegedly, about ten CD cases stuck together. I see them initially making headway in new homes, where they will be able to supplant the need for connection to the National Grid.

When you hear the word "generator" it's easy to think of a portakabin-sized container with (for all I know) a ten-litre diesel engine inside and a massive turbine, providing power to a roadside construction site, but the point is with fuel cells that from a very compact unit they can deliver power wherever it is needed, if you need a couple of KW to run the systems on your 19ft yacht, or if you have a cluster of buildings in the middle of Antarctica needing a few hundred KW.


My feeling is that VLR has such a low market cap because other companies such as CWR have been successful in grabbing all the attention, and particularly in getting national Government support. However, I think VLR is well-placed now to play catch-up, but please DYOR.

Although I have posted for a while I still do not understnad DYOR? Also Shares Mag says Dawnday has slapped an 80p price target on Voller, which I believe is an extremely consevative view, with my view more 120 - 150 p range.

It means "do your own research".

PS - have finally tumbled to the fact that I can download Shares Mag articles. Useful tip on VLR, but I'd agree with you, GDP, that 80p seems a little on the cheap side. Don't know what I would say is fair, but over a quid would be nice.

fair discussion st- still looking into these so learning about the product. you obviously know more about the company and product than me at this stage.

i suppose the other bigger players have been around longer than vlr, so will take time for their innovation to kick in.

Lizard, I've not been looking into it that long myself. However, if you want some good background reading, then the material released by CWR since their AIM launch contains a lot of good info about what fuel cells are and how they work. I'd recommend it to anybody wanting to understand the opportunities here.

st -thanks for the info.

will look over voller at the weekend with a view to buying next week.

Yep this looks like a good one I also went in learly this week I do like fuel cells also like CWR

CWR has had its surge though and there is little more to support an advancing share price, unlike VLR which still has plenty of ground to make up.

I agree, G D Potts - difficult to see at present how CWR can justify a mkt cap of 180 mil. At bit of a bubble there and with ITM, possibly ??

Maybe that could benefit VLR, with Ceres and ITM both overwieght the market could turn to Voller for another route into fuel cells.

there is a huge differential in mkt caps any reason why?. i think itm is about 297m vlr about 16m. looking at this stock so would appreciate views on caps?.

considering voller reckon they will be the first fuel cell co to achieve profit.

Hi Lizard, my view is that it is simply the case that CWR (in particular) managed to grab a lot of publicity and Govt support. Not sure about ITM.

VLR have been careful not to hype expectations, things are changing now and the company have reasons to get excited about the prospects for their reformer technology, you will be able to top up your Voller from every corner shop.

thanks for the feedback- will look at buying in next week!.

spread put me off buying this last week but looking to get in now...could be a 10 bagger in time

looking at a medium long term buy next week myself. interesting that speedyhire are involved hopefully first product will prove a success as it has an agreement with them to develop other products to meet speedyhire strategy.

article tomorrow on voller and development.

www.fuelcellsworks.com

maestro- i got in spread is tighter today.

Thought about this one, admittedly only today after the share has already gone up about 75% in 3 weeks, but ....... Market must be very tight indeed as NMS is only 2000 shares ...... With this sort of rise behind it, the profit-takers must surely be waiting in the wings ...... Once they move in, it will be too late for the price must assuredly plummet, whether warranted or not.

can look at it both ways!. its gone up recently but you have to question the valuation being put on the company!. which since float has been more a less in a downtrend. products now coming on to the mkt deals with speedyhire, us military and calor gas to name a few with more products due in 06/07.

nothing in mkt cap terms compared to rivals. voller expects to be the first fuel cell to achieve profitability.

cynic- short term is anyones guess. but a long play for me.

to be honest, it is the lack of liquidity that bothers me most ...... was looking to buy 15 shares, but if NMS is only 2000 ...... you may well be right about their long-term future, but reflecting on the flotation price just means a lot of people got mugged!

agree the float was wrong. just like mrp float price and many others.

but the position they are in now would imo justify a greater mkt cap than 16m. i guess we will see.

but still no liquidity, or so it would seem ..... am i wrong?

i bought 50 shares last week to take my holding to 10k.

sorry 75 shares to exact 10k

??????????? 75 shares ????????? ....... never thought the market was so tight that that was the most on offer

75 shares at 72p? Lizard, you must be paying more in broker commission than the assets are worth!!

Lizard i think you may have made a wild calculation.

st/gdp- i had 9925 and wanted to round off to 10k- have a new broker that has offered two months no commission trading. otherwise would not have bothered.

free trading is most enjoyable you can high tick a stock without any charge.

Lizard have you seen the article on Fuel cellworks....i looked but couldn't see anything.
Thanks
Di

still awaiting it dynamite- will post!.

Thanks Lizard :-)

this is an overview of the company from fuel cellswebsite; not awaiting article.

Voller Energy; focused on the power requirements for the next generation of portable electronic devices. This includes products such as mobile generators and battery chargers, as well as integrated products that will eventually replace secondary batteries used in devices such as mobile phones, portable radios, personal digital assistants (PDA's), powertools, medical equipment, remote monitoring equipment, mobile test systems, laptops etc.

as expected Fuel Cell Today magazine article;

http://www.fuelcelltoday.com/FuelCellToday/FCTFiles/FCTArticleFiles/Article_1088_Voller%20Update%20Article%20April%202006.pdf

;

Good article on Voller, thank you lizard. Time to pile in at 68p.

seems to be one to hold imo for the med long term.

Very brief article in Shares magazine as a tip for the 'Aggressive Investor', just a brief outline of what Voller does but it should all contribute to getting Voller in the spot light over ITM and CWR.

all positive stuff gdp one for the medium long term.

got my eye on goo news expected.

VLR vs ITM

Not really the same despite the obvious attempt by VLR to allude to ITM in recent statement -- a bit of bad form

ITM key is that it will use green energy --- VLR I think distils Hydrogen from LPG

Cost for VLR will always be higher than LPG obviuosly

ITM can use "lost" energy, if it can succesfully get an electrolyser cheap enough to store it. Lost energy is nuclear and wind/solar energy which cannot be stored at the moment so is wasted during periods of low demand - night time. ITM converts water into hydrogen and therefore gets rid of need for fossil fuel, fuel dependance etc.

That's why it has a mkt cap of 300m and VLR has one of 15m Not saying VLR is not cheap or indeed ITM not expensive but just thought I point out why there is a massive difference between the companies

Is it me or has the SP run out of a bit of steam this week ??

Hopefully it will be back to peak performance next week and continue its surge post 80p !!

Mengel...Long term Voller is going to be a superstar IMHO if it drops back a bit I have kept spare cash to buy some more...so really I hope it does drop because long term it will be up up and away DYOR. I bet I won't be the only one hoping for a drop for this reason.
Di

The fuel cell sector today is like the oil sector two years ago,anyone who had the foresight to buy oil stocks then has made money.

049balt - that's a very good thought and one worth bearing in mind.

Continue adding VLR on SP weakness?

I added in at the low a few weeks back of 38.50, but I am still looking add more on any future weaknesses. I will continue to buy Voller through 80p, I think for anyone who did miss Cwr + Itm Voller is the perfect play.

G8 there on the up again !!! 10% today :)

Good, I have raised my price target to 100p.

Hope you're right :o) Any news today or is this just a continuation of previous momentum?

No news that I have seen, good move again today.

Good get in oppurtunity for any one waiting to get in on this one.

Sell in May seems to have proven correct for the whole market in General, although i repeat that this is a great time to get in on Voller at a measly market cap of 16mil.

Another fall, but the seems the trend of the entire market at the moment, still though a great price to buy.

Another good article in the Shares Magazine today!

A tick up today on news of a new product launch:

Voller Energy Group - Launch Of New Product
RNS Number:3408F
Voller Energy Group PLC
29 June 2006


29 June 2006


Voller Energy Group PLC


Launch of Portable Fuel Cell Automatic Battery Charger


Lucerne, Switzerland : Voller Energy Group PLC (AIM: VLR), the leading
commercial developer and manufacturer of portable fuel cell systems today
announces the launch of a fuel cell automatic battery charger.


The new fuel cell system is called the Fuel Cell ABC(TM) Automatic Battery Charger
and is designed to charge a variety of batteries. This includes a MP3 player or
Apple iPod(R) which can be connected to the inbuilt USB charging port. The Fuel
Cell ABC(TM)can simultaneously charge an iPod(R), a laptop (via the standard wall
outlet socket) and mobile phone (via the standard 'cigar lighter' outlet).


The Fuel Cell ABC is an environmentally friendly portable generator that
produces quiet AC mains electricity (either US standard 110v 60Hz or EU standard
230v 50Hz). The Fuel Cell ABC charger can also simultaneously run 12v DC
electrical appliances that are designed to fit into a car cigar lighter socket,
as well as being suitable for directly recharging batteries which are often used
in remote locations to power a wide variety of measuring and monitoring
equipment. As with all Voller's fuel cell products, the new charger does not
produce any noxious emissions, so it is ideally suited to indoor or even
underground use.


The ABC charger is the fourth generation fuel cell charger to have been launched
by Voller since 2002. As well as a range of new software features, a new
improved canister release mechanism and new pricing - the unit has a radically
improved appearance to the former model (VE100v3) and features a USB charging
port for charging electronic equipment such as MP3 players or iPods. This is
planned to be launched at the Lucerne Fuel Cell Forum http://www.efcf.com/ on
3rd July.


Stephen Voller, founder and CEO of Voller Energy commented:


'The market for fuel cells is expected to grow rapidly and we continue to be an
important innovator in the market. The Fuel Cell ABC is extremely user-friendly
and can be used in a wide range of applications where portable and safe power is
required. From personal appliances such as an iPod or a laptop, to commercial
appliances such as cordless power tools, this charger offers a highly adaptable
and environmentally friendly technology.'


For further information, please contact:

Voller Energy Group PLC Hudson Sandler
Stephen Voller, Chief Executive Nick Lyon
Tel: 01256 813 900 Tel: 020 7796 4133


Apple iPod is a registered trademark of Apple Computer Inc.


Notes to Editors


New features in Fuel Cell ABC


* Enhanced Software
* Automatic Battery Charging
* Frost Sensor
* USB Charging Socket
* Improved Canister Ejection
* New Colour - White & Silver
* New Cover Graphics


Enhanced Software

User can now set the voltage levels for automatic battery charging. Fuel Cell
ABC will charge a wide variety of batteries. Software now monitors a temperature
sensor. The user can now select which hydrogen cylinder type or size is being
used.


Automatic Battery Charging

This mode can be selected via the front panel using the menu and select buttons.
The system will automatically monitor the level of the internal battery and
any load being applied to it and when that level drops below a preset voltage,
the system will switch itself on and top up the battery to its optimum level.
The user has the advantage of now being able to set the voltage levels where the
unit begins and stops charging.


Frost Sensor

The ABC now has a frost sensor built in which works when the system is in
automatic mode. When the temperature drops to+2degreesC, the system will
automatically switch on and remain on until the temperature has reached +7
degreesC. It will then switch off again. It will continue to do this
automatically.


USB Charging Socket

A new USB charging socket has been added to the front panel, this is rated at
300mA maximum. This can be used to charge MP3 players, iPods, mobile phones or
similar low power equipment.


Improved Canister Ejection

The canister release mechanism has been redesigned. The ejection lever is now
located on the side of the unit. The lever is easier to pull.


New Colour & New Cover Graphics

The most striking feature of the new Fuel Cell ABC, is the unique new identity
in white and silver. New graphics clearly identify the product.


This information is provided by RNS
The company news service from the London Stock Exchange
END

Finally, I was thinking last night that newsflow was now needed to support and boost the share price.

Voller Energy Group PLC
11 July 2006


11 July 2006


Voller Energy Group PLC


AGREEMENT SIGNED WITH CONERGY AG


Voller Energy Group PLC, the leading commercial developer and manufacturer of
portable fuel cell systems, announces that it has signed a Memorandum of
Understanding ('MOU') with Conergy AG, Europe's leading systems suppliers of
renewable energy.

The agreement is for Voller and Conergy to work together to develop the market
for fuel cell generators used in small-scale off-grid applications for example
in conjunction with solar panels and wind turbines to provide remote power from
sustainable energy sources.

The collaboration will benefit Voller with the help, support and expertise of
Conergy in Photo-voltaic (PV) and wind turbine technology. Conergy will benefit
from access to Voller's expertise in fuel cell systems at its remote wind and
solar sites, whose efficiency can be reduced by lack of wind and sun. When
required, Voller's software activates the portable fuel cell in order to
maintain a constant power source, so that equipment at remote sites such as
surveillance cameras, illuminated road signs, and environment monitoring
equipment work continuously.

With an expected turnover of more than 800 million euros in 2006, the Hamburg
based Conergy is the largest solar company in Europe and a leading international
supplier in other fast growing fields of renewable energies. With more than 1000
employees on five continents Conergy offers intelligent system technologies for
the rapidly growing global energy requirements, to generate electricity, heating
or cooling using various renewable resources. Along with flat plate collectors
for sun-powered heating or cooling, Conergy also develops and produces inverters
for converting solar direct current into grid-conforming alternating current in
all power ranges. In addition to these key high-tech solar technologies, Conergy
also produces small wind power generators and patented mounting components for
renewable energy systems.

Voller Energy is one of the world's first commercial developers and
manufacturers of portable fuel cell systems, offering an environmentally
friendly alternative to diesel or gasoline electric generators. Voller products
can be fuelled by pure hydrogen or liquid petroleum gas (LPG), a mixture of
propane and butane generically known as Calor Gas, after the market leading
brand of LPG.

Stephen Voller, Chief Executive of Voller Energy Group PLC, said:

'We are extremely excited by the new opportunities offered by the agreement with
Conergy, whose expertise in wind and solar technology makes them an ideal
partner for Voller, as we take further steps towards the development of
continuous environmentally friendly energy.'



www.voller.com

That sounds like very good news - about time we had a big deal!

down 8% on this news though, what is going on ???

I dont think so accord, the graph for today looks as if Voller dropped 2p at the most at any time during the day.
However I am still mystified that the news has not given the shares a lift given that positive newsflow tends to send these companies soaring. Perhaps the market was expecting a Ceres like deal with BG? Any thoughts?

No thoughts at present, other than the fact that the market has reacted oddly to every bit of good news I have read this week. Bear conditions, or is everyone just feeling lethargic after the World Cup? A bit of the former, I think, as there has been plenty of volume, just no momentum.

WDIK, please draw your own conclusions.

Whats happening to Voller, it hasn't pulled out of its steep decline although most others have? Any ideas???

Tiny cap, few shares, and little trade so any sales (or buys) are likely to have a disproportionate effect ...... some holders obviously getting bored or being forced out

Skidding like a good 'un. Is that a support level I see at 30p?

I selected the shares yesterday at 34.5p for the "UPS" thread, have been moving higher since.....

Tue 08 VLR 34.50 Master RSI
Reason -VLR is the leading commercial developer and manufacturer of portable fuel cell systems, a good reason to tuck away the shares is because are trading at around net cash 33.50p at their last results, so their technology is not in the price

I done a chart were be the pattern of the last month chart could take the shares to 45p on the short term

could you ellaborate?

Morning all!

A very tidy 25% bounce this morning, ahead of the results due to be released tomorrow. I can only hope that the market will still be enthusiastic about these shares then.

VLR Bid: 42p Offer: 45p Change: 8.5

Dammit, would everyone please stop selling this stock !!??!!

Thank you.

ST, Too many Short Term traders. Today's statement - everything in line with expectations. Buy on weakness and put in thebottom drawer until end of 2007 results.

:o) Morning Silvermede.

I agree. Forgive my little outburst. Actually the current market cap is barely more than the co's net assets (almost 7 mil, most of which is cash). They have no debts and appear to be well funded, although at this SP they had better pray they don't need to raise too much by way of extra funds in the near futre (unlikely at current cash brun rates).

I'd say the current SP is a decent buying opportunity, but agree one has to be patient. Any positive news ought to make the SP rise; it's too surely low for mildly bad news such as project delays to have much of an effect. If I was liquid I might think about getting some more; I'll just have to stick for the time being.

Volume of shares traded so far today has also been next to nil - which I think is a good thing - shows there's very little panic going on.

ST, until VLR is cash generative the MMs will have a field day. :-)

Oh to be a market-maker . . . . :o)

Actually I regard this one similarly to QTI - the products are at or close to the commercial stage, just waiting for it to feed through into serious sales. Will keep watching and DYOR'ing.

Read the latest RNS and you will see exactly why sp has fallen again today

Cynic, I read the results earlier and didn't think they were all that bad. This co is trading at a value barely more than that of its cash in the bank.

Meanwhile the other fuel cell co's are further from commercialising their product and command valuations in the hundreds of millions.

So much for efficient market theory. Still, I'm not panicking, as ever.

I hasten to add that only around 82,000 VLR shares have been traded today, so the price drop is an invention by the MM's, not the result of a sudden lemming-like rush for the exits by a large proportion of shareholders.

Would tend to agree with cynic here

The difference here compared to other fuel cell co's is blue sky. What market is VLR going for -- not huge by the look of it. Technology that is theirs looks a bit sketchy and by there own admission it seems most of the cash will be gone by end of 2007

All this does not say the share is not cheap -- if they get a return on their investment of any reasonable %age it should do OK, plus Shares Mag seems to like it so we could expect a push this week or next

Sitting on the sidelines as seems to need a catalyst i.e why invest now?

Soul* .... Voller is running at an operating loss so the money in the bank will be trickling out if not faster .... further, they do not expect to be selling commercially (I think that is what it said) until end 2007 .... all too far away to warrant chucking monmey in, I think

Yep, I can agree that profitability is looking a little distant- however, what a contrast in this half of the year with the first half, when all of these shares were roaring away regardless.

Patience is the key.

and then reality struck home!

how cheap is this llooking!

Too cheap for me - regret to say impatience got the better of me and I dumped my stock last week.

Some news must be coming up soon

good move today, look like traders have fun on thsi one - short it all the way down to 29p then buy long together- makes sense

why didnt i sell at 72.5p !!!

why did I buy in again at 38p !!!

Why do i bother at all ??

and I know if I sell em now they're go up, but if I dont they're only go down !!

Yes thats a predicament, I sold at 50p

I'm back in - 26p a share. Why?
Voller remains at a huge discount to its Fuel Cell Rivals
Some of its products are already commercially available
The potential for Military application of Voller's technology is Huge
26p a share is fantastic value considering they soared to over 70p 6 months ago
The spread that MoneyAm indicates is wildly innaccurate, I bought for 0.5p above the market price suggesting an acceptable spread of 1 - 3%
Market Cap is only 4.95 Million!!
I anticipate a return to coverage in shares magazine etc after they have recovered from the burns of tipping it at 70p
The recent run suggests that Voller has found favour once again, volumes are up and newsflow should give the share price a boost back to a 40 - 50p range.

GD Potts.

VLR looks cheap considering its potential

Exactly, and althouhg not on the same path as Ceres and CFU - Voller is much closer to delivering commercialisation of more of its products, it has surpassed milestones much quicker than expected and, I believe, will be one to fly in 07.

waiting for 23p again

pour quoi?

Hi All - I've just dipped my toe in the water at 23.8p. I too believe the potential for VLR is huge and hope to enjoy the ride with you all :-)

Don't think there's too many holders left Queen but at the current SP even a small punt is worthwhile, the potential here would be better reflectewd by an S.P. of 50 - 70 p

A small punt is what I've done!

Nice little tick up this afternoon. Any particular reason?

Not that I know of - ITM's Interims probably gave a sector wide boost though, Vlr ticking up as a result.
ITM nice finish today, I need to start buying shares that I recommend, ITM was up only 6% this morning and I didnt buy even when i posted that its was then time to buy

70p soon...way under valued

That would be very pleasant maestro!

Moving nicely once again

Strong Surge - good indication of company strength consdering that there hasnt even been any news.

Voller is a strong buy at 30p. Still cheap

Ive stocked up on champinvest.com but cannot afford to divest any of my other holdings

arguably so hyleo, but teeny-weeny company with low liquidity, so potentially very difficult to trade

cynic, did you see OEX that I've told u last week?

Since last Wednesday I selected the shares on the "UPS" thread, also on the "day trades thread"

Last Wednesday was about a "CUP and handle" BREAKOUT" and as the break was done then the change of direction on the trend yeesterday.

Shares ready for a BREAKOUT

Analysis selection for VLR

VLR price 26.50p

Rising volume for the last 4 days

Completed a Cup & Handle last week and BREAKOUT last Friday, with that a new trend is stablished UPTREND

Broker Westhall Capital has a BUY note recomendation for the last few days on this Fuel Cell company, that recently has made a few positive announcements

Remains on target to commercially deliver 1kW fuel cell system by the end of 2007. The low market cap is well supported by almost the same amount in cash

Chart for VLR showing the change of direction to UPTREND after completing the CUP & HANDLE

Chart with Indicators and Volume

sold out at 35p today...buy back 30p

Great Posts RSI - Good to have charts to back up real figures and news.

Cynic - if the charts are self fulfilling then the breakout seems likely does it not?

charts tend to be self-fulfilling rather than gospel, but with so much positive stuff about alternative fuels and (in this case) cells, then this share looks a pretty good bet ..... but do remain aware of the low liquidity and the problems that can raise.

Voller will see more uptrend as it looks extremely undervalued compared to ITM and CWR. Very Strong BUY at 35p.

Chaps, what a splendid day! I only bought in a couple of weeks ago but am already up 35%! It's tempting to sell but I think this has a way to go. I work for a power business and "green" issues and alternative energy sources etc are very high up on the agenda. Come commercialisation these babies will be changing hands for well over 1 IMO.

Well done queen for coming on board VLR.

Thank you hlyeo98. I'm hoping to enjoy a long and fruitful ride with you all :-)

But obviously not today. Oh well, up one day, down the next. Don't you just love this business?!!

the huge spreads and trading fees make it hard for small holders to buy one week, take the 10% rise in the sp and run before it falls again

bought back in after selling at 35p

Bought more at 32p.

Good to see the faith is being kept!

From the UPS thread .........

VLR 29 - 32p +0.50p

is again on the move up on the bid and 4 MMs gone blue

the L2 is 1 v 1 on the higher bid, but online is almost imposible to buy any and bidding for 25K @ 30.65p, one gets the idea

VLR 30 - 34p +2p

Have done well today, some large trades reported late

Yes up well but tomorrow could be the opposite.
Think within the year we'll see a return to historic highs though, current S.P. and market cap can only be described as ridiculous.

They seem to have broken the recent decline, will this be the start of an uptrend..... Green energy/companies seem to be the in thing at the moment...

They are Tonker and this one is already making money. I'm investing in a number of "green" companies at the moment besides VLR (ITM, SYM, MNE, BIFF) as I too believe that companies with the right environmentally friendly credentials will severely outperform over the medium to long term.

From the UPS thread ..........

VLR 32 - 34p +0.50p

WINS decided to move the bid up, some interesting trades today once again, and the share price
not moving UP as it should be by the good size of trades lately

This will go up soon...extremely undervalued compared to CWR and ITM

Voller Energy Group PLC
02 March 2007



2 March 2007

VOLLER ENERGY GROUP plc
('Voller 'or 'the Company')

Interim results for the six months ended 31 December 2006

Operational Highlights


On track for commercialisation of systems by end of 2007

Auxiliary Power Unit (APU) system working from widely available fuels such as
Calor Gas, Propane or Liquefied Petroleum Gas (LPG), demonstrating quiet
operation, very low emissions and high efficiency

Successful integration of complete fuel cell processor and 1kW class
Auxiliary Power Unit (APU) fuel cell system in November 2006

Agreements in place to test prototype systems in target markets

IP position strengthened, including the granting of a Chinese patent


Financial Highlights


Strong cash balance of 5.667million

Operating loss of 1.314million in line with budget


Business Highlights


All 2006 highlights were achieved

Introduction of Fuel Cell ABC (Automatic Battery Charger) and Fuel Cell RBC
(Remote Battery Charger) products

International sales agent network increased to 42 agents able to resell the
ABC and RBC

Inclusion of Porta-charger in 2007 Speedy Hire catalogue

Carbon neutral business

Commenting on the results, Stephen Voller, Chief Executive Officer, said:

'Voller's progress and development achieved over the last six months has
enhanced our substantial intellectual property and know how in systems design.
Our objective over the next six months is to complete a number of fuel cell
system 1kW prototypes and to focus on the successful field testing of these
units.

Subject to the successful completion of these field trials, we remain on track
for commercialisation of the systems by the end of 2007. '

www.voller.com

For further information please contact:


Voller Energy Group Plc Telephone: 01256 813 900
Stephen Voller, CEO

Hudson Sandler Telephone: 020 7796 4133
Nick Lyon / Amy Faulconbridge

CHAIRMAN'S STATEMENT

I am pleased to report on the activities of Voller for the six months to 31 December 2006.

Growth and opportunity

There is now overwhelming scientific evidence that climate change presents a
very serious global risk, and that an urgent global response is required to
address the challenge. It is also clear that a portfolio of technologies will be
required to stabilise emissions. New technologies do exist but they are
currently uncompetitive when compared to fossil fuel alternatives. In the view
of the Stern Report, markets for low-carbon energy products are likely to be
worth at least US$500 billion per year by 2050.

Fuel cell technology offers the opportunity to provide clean, environmentally
friendly power with the only outputs from the electrochemical process being
electricity and water. However, to achieve this, most fuel cells require
hydrogen as their fuel supply. Although much has been discussed about the
development of the hydrogen economy and continues to be commented upon, the
reality is that the development of a commercial supply of hydrogen is a long
term goal.

Hydrogen also has a low energy density. This means that a car that would go 100
miles on a tank of diesel would travel just 4 miles on an equivalent volume tank
of hydrogen at 200 bar pressure.

Recognising the realities of the marketplace, we have concentrated our
development efforts to produce a commercial product based on fuel cell
technology, which uses as its base fuel products commonly available hydrocarbons such as propane, butane or LPG, the most well known product of which is Calor Gas. These products have a high energy density, but when used in a fuel cell produce much lower emissions than in a conventional generator. In developing these products we will assist the transition from today's high carbon economy to a low carbon economy, using high efficiency fuel systems as an important step along the path to the ultimate solution of the future zero carbon economy.

Technical progress

I am delighted to report that the technical progress we have achieved over the
last six months has been very encouraging. At the end of November, we were able
to announce the achievement of a major milestone in the development of our 1kW
fuel cell APUs by successfully integrating a complete fuel processor and fuel
cell system. The system demonstrates quiet operation, very low emissions and
high efficiency. We believe that these alternatives make the units highly
attractive for commercial applications in our target markets.

In order to exploit this opportunity, we intend to target niche, early adopter
markets, where the benefits of fuel cells outweigh their high cost. The systems
that we have developed and are developing will use widely available fuels with
existing distribution and storage infrastructures. The entry into niche markets
could provide in due course the leverage required to penetrate the mass market
opportunities.

In November 2006, Dr. Robin Francis was appointed to the Board as the Group's
Chief Technology Officer and brings to Voller a wealth of chemical and
technological experience. In addition to this, we have considerably strengthened
our research and development team with the recruitment of additional engineers
who have in turn enhanced our know-how in fuel cell system design and
integration.

The development programme is on track to complete the lab testing of a complete
1kW fuel cell system with an integrated Voller controller and battery management
system by the end of March 2007. A number of lab prototypes will be built in
this time frame and in the second quarter of this year will be field tested with
potential major customers.

An agreement has been reached in principle with a number of these key customers
for the delivery and installation of these units in our initial focused markets
of construction site cabins, recreational vehicles (RVs) and sailing yachts.

Chinese patent

In 2005, Voller acquired KAT-chem and its patent application. In January of this
year, I am delighted to announce that the Company was then granted a patent by
the Chinese patent office relating to multi process catalytic reforming of
hydrocarbons and alcohols using micro channel reactors to optimise the process.

The Company was also granted a 'mains in a box' patent in the UK in early 2006.
Voller has a number of other patent applications about the systems requirements
of fuel cells.

Fuel cells are a very exciting technology for the future, but the most important
factor for their wide spread commercial adoption is cost reduction. This means
manufacturing the systems in large volumes, which is why protecting IP is vital
in high growth countries such as China.

Products

The Company introduced two new products in June 2006, the Fuel Cell ABC and Fuel Cell RBC. Both were based on the successful VE100 platform.

The Fuel Cell ABC is available with either 110v or 230v inverters for the US and
EU markets. It also features 12v automobile style DC ports and a USB port that
can be used to charge an iPod or MP3 player. All three electrical outputs can be
used simultaneously. The system also features new software that includes a
remote monitoring and diagnostics capability, together with new styling.

The RBC unit is designed for mounting into a standard 19' telecoms rack. Both
the ABC and RBC systems can be integrated with other renewable energy
technologies such as solar panels and wind turbines.

The international agent network of organisations able to resell the Fuel Cell
ABC and RBC systems has increased to 42 worldwide.

The Battery Box system is featured in the new 2007 Speedy Hire catalogue. This
system is designed as a 300w cordless tool battery charger.

Donation of fuel cell systems to the Science Museum London

Voller was credited in 2002 as one of the first commercial developers of
portable fuel cell systems. The hand held portable VE100 products that were
first released in 2003 are considered to be the first example of a commercial
fuel cell product using a self contained internal hydrogen canister that
produces no emissions - the only output is pure water. Three systems of this
type were donated to the prestigious London Science Museum at the end of 2006.

Carbon neutral business

Fuel cell systems are environmentally friendly technologies that produce
electricity without the emissions normally associated with conventional
generators. In fact, when hydrogen is used with a fuel cell system, the only
output is pure water. However, in manufacturing the fuel cell systems at
Voller's specialist research and development facility in Basingstoke, United
Kingdom the Company does produce some carbon emissions.

In January 2007 the Company announced that it had been working with the World
Land Trust (WLT) to assess these emissions. The WLT improves the natural
environment by offering organisations effective guidance on emission reduction
strategies and by providing measurable carbon offsets through its Carbon Balanced programme.

The WLT assessment was that the Voller Energy operations had produced 816 tonnes of carbon dioxide to date and a further 104 tonnes of carbon dioxide were being produced annually. Voller has used industry best practice to reduce emissions for many years and in 2005 won the Environmental Innovation & Technology Category in the Hampshire Sustainable Business Awards. These emissions will be offset by the WLT through the purchase of up to 7 hectares of land in the South American rainforest for reforestation.

All new Voller Energy products delivered in 2007 will carry the World Land Trust
Carbon Balanced logo.

Financial review

Operating costs were in line with expectations and the increase over the
comparable period of the previous year represents the recruitment of additional
resources for both sales and marketing and more particularly, development.

Capital expenditure in the period was a modest 14k and related primarily to
providing resource for the additional headcount.

Available cash at the end of the period amounted to 5.667million and was higher than anticipated.

Outlook

The period ahead offers a number of key significant challenges in the
development area. Progress to date has been very encouraging and the utilisation
of our expertise and systems know how in developing a fuel cell system fuelled
by commonly available fuels has been particularly encouraging.



The Stern Report has clearly identified the challenge that faces us all in
dealing with the impact of climate change and the need for concerted action on a
global basis today rather than tomorrow. Voller is well positioned to make a
significant contribution to meeting this challenge and in the process to develop
a successful commercial enterprise.



Voller continues to lead the way in developing a 1kw fuel cell system that will
be commercially available to the market.


John Brown
Chairman

I would have expected a bigger sp rise this morning on the back of what appear to be excellent interim results.

Voller Energy Group PLC
16 March 2007

16 March 2007



VOLLER ENERGY GROUP PLC



'Voller' or 'the Company'



Technical Update: Q1 2007 milestone achieved





Successful assembly of prototype 1kW fuel cell system complete with own
control system, gas reformate clean-up and cooling



Prototype testing program well advanced



Voller remains on track for commercialisation of systems by the end of
2007



APU system working from widely available fuels such as Calor Gas, propane
or LPG and demonstrates quiet operation, low emissions and high efficiency





Voller Energy Group PLC, the leading developer of fuel cell systems, is pleased
to announce that the Company has achieved another milestone towards the
commercialisation of their 1kW class auxiliary power units (APUs) running from
standard Calor Gas, propane or liquefied petroleum gas (LPG). Voller engineers
have now successfully assembled and demonstrated the operation of a complete and
totally self-contained prototype fuel cell system including a proprietary fully
automated control and safety system, gas reformate clean-up and cooling.



This new work takes the development announced on the 28th November one step
further and demonstrates a completely self contained system working fully
automatically.



This development is a significant step forward for the fuel cell industry as the
Voller APU will run from standard fuels. Most other fuel cell systems require
pure hydrogen, which is only available from specialist gas suppliers. Hydrogen
also has a low energy density which means that a car traveling 100 miles on a
tank of diesel would travel just 4 miles on an equivalent volume tank of
hydrogen at 200 bar pressure.



By contrast, LPG and propane are commonly available worldwide. Calor Gas is
available from 10,000 outlets in the UK.



Recognising the realities of the marketplace, Voller has concentrated its
developments on fuel cell technology, which uses as its base commonly available
fuel products such as LPG. These products have a high energy density, but when
used in a fuel cell produce much lower emissions than a conventional generator.
In developing these products Voller assists the transition from today's high
carbon economy to a low carbon economy, using high efficiency fuel cell systems
as an important step along the path to the ultimate solution of the future zero
carbon economy.



Stephen Voller, Chief Executive said:



'Fuel cells are an important technology for the future. The next vital step is
to commercialise these systems and for users to experience fuel cells
themselves. I am proud that Voller Energy is going to be one of the first
companies in the world to bring products like these to market'.

Great news and a nice lift so far this morning.

Yes, the s.p is surging well.
Hopefully it can hold at these levels and create a new base around 30 - 35 p and advance from these with further announcements, but then again Voller has been very volatile recently.

A 20 million Mrkt.Cap is very realistic given the positive outlook given by that RNS, this company is so seriously undervalued it's unbelievable.

VLR is too cheap to be true compared to CWR, CFU etc

A very good day indeed after a pretty trying week for most of my shares. Do we think we'll see advances, consolidation or profit taking on VLR come Monday?

MMMmmm

http://www.voller-energy.com/

I should think some profit taking but then again the shares did hit 34.5 and drop back later in the day which suggests some of the profit takers may have already left (Or we can only hope). I will not be selling as I think the shares can go further, but my advice for you queen is to sell (You should be sitting on a 50% paper profit if im correct?)

Hi G D Potts - Not quite 50% and thanks for the advice but foolishly or not I'm in for the long haul with VLR. I see big things in the future and am happy to wait.

me 2 but you know how Voller is -
Good news = huge jump
No news for 2 months = A bigger jump backwards
New news = Jump to price that it was 2 months ago.
IMO

LOL !!

Up 8% + on the back of this AFX, will they RNS this one too? Or probably after they complete the trials, should help lift the shares higher.

Voller Energy starts sea trials of green fuel cell generator
AFX


LONDON (AFX) - Fuel cell company Voller Energy Group PLC said it has installed its 1 kilowatt environmentally-friendly fuel cell generator on board its Beneteau Oceanis 411 sailing yacht in order to carry out sea trials.

The system operates using onboard cooking gas and automatically switches itself off to conserve fuel once the batteries are fully charged.

Excellent news G D Potts!

COVERED in shares mag too.
Shares flat- hopefully they'll establish a positve trend when they start moving again.

Nice little bounce

It certainly is! So what's bought that on?

no idea!

rumour that they did well at the Beaulieu boat show

Where have you heard that maestro?

Its rumour , not an individual source

Shame!

Rumours usually start somewhere!!!

On the move up once again after the retracement

UPS (Added by Master RSI on Tue 15 May 01:37 pm)

VLR - Mid 26.25p
Reason - Retracement after each rise and now into an UPTREND, Indicators now rising from oversold. Company has cash close to share price and the Fuel cell has successfully demonstratedthe working of a complete prototype system

Is now on the move up with volume as there was a "T" trade of 80K

Is now continuing with the rise

online prices
buy 28.50 for 5K full price on small size

sell 26.50 for 25k premium and size

Thanks for the update - with regard to your last post could you tell me what that signals/means?

Yes, a nice little move up today. It would be good to see that continue tomorrow.

G D Potts

online prices is the real prices for buying an selling, instead of bid/offer

when is not posible to buy in big size it means the Market Maker are short of stock so do not want to sell too many at the price

so the oposite is on selling, they give premium 26.50p, when bid is 26p and big size 25K, so they want your stock.

Very positive on the trading front

MMs hod back on the bid yesterday, after the large seller, but today they let it go from the start.

Looking good on the L2, but so far is not realized on reported trades.
Could be another "T" trade?

An encouraging update just released today:

Voller Energy said it has achieved its Q2 2007 milestone by installing prototype 1kw fuel cell systems in all three of its target platforms - construction site cabins, sailing yachts and recreational vehicles.

The company reiterated that it is on track for commercialisation of systems by the end of 2007.

An encouraging update just released today:

Voller Energy said it has achieved its Q2 2007 milestone by installing prototype 1kw fuel cell systems in all three of its target platforms - construction site cabins, sailing yachts and recreational vehicles.

The company reiterated that it is on track for commercialisation of systems by the end of 2007.

So good it got posted twice!

Just bort in queen1, can you explain why cfu seems to be better supported, vlr looks too cheap to be true?

Anyone any idea what the unit price of VLR's power packs will be, i.e. will it be competitively priced c.f. mobile generators etc??

No idea silvermede - but if their tryig desperately to make it as competitive as possible then i doubt it will be priced to far over exisitng similar products.
Suprised the SP hasnt reacted more positively to the news - would have expected 25%.

Hi,

OK, just got back from the product launch/demo at Swanwick Marina.
It was a well-organised affair, with plenty of Voller staff there, in company polo shirts. They had laid on drinks & canapes, so the whole thing had a professional feel to it.

There was a steady stream of visitors, who seemed to be mostly from the press & industry. So the main purpose of this event seems to have been to generate publicity & commercial interest in the finished product.

Firstly the RV (Recreational Vehicle), was a 260k monster American motorhome - the type with slide-out sections. It has a Voller 1kW unit installed in the rear boot. I didn't particularly dwell on this one, as personally I don't see the RV market as being prepared to pay the 12-15k cost of the first units.
But this could be a future growth area particularly in the US, for top-level RV's.

The marine installation interested me the most, as a boating chap myself. And this looks to be a big market for the fuel cells, IMO.
Guests were invited to step on-board & see the 1kW Voller fuel cell in operation. It was installed in one of the side compartments on deck, and is a fairly big unit (a bit smaller than 1 metre cubed roughly I would say).

We've discussed noise of the units before here, so I raised that issue with Voller. Basically it makes a noticeable humming noise, but that is purely down to the air cooling system. Boat owners will be familiar with the bilge air pump that you switch on for a minute or so before starting your engines. This is to remove any gas/fuel vapour which may have accumulated in the bilge area of the boat, that could explode when you start the engines.
Well the Voller fuel cell uses the same air cooling ducts & motors to cool itself, so it just basically sounds just like a bilge air pump in operation.

They explained that there has been no particular attempt to remove the air pump noise, as it's a relatively minor detail that can be engineered out in due course. The main unit itself is silent, so I don't see noise as being an issue.

Certainly there is no comparison at all with a diesel generator - the Voller unit is much quieter & there is only a very slight vibration.

There is a big weight saving benefit (of around 200kg) compared with a diesel generator as well, so that should appeal to the racing yacht fraternity, where weight reduction is crucial to winning.


As regards cost, what Voller is saying is that the capital cost of installing a Voller fuel cell is higher than a conventional diesel generator, but if you look at the lifetime costs, it works out cheaper.
This is because the Voller unit has no moving parts, and requires no servicing (other than changing a filter once in a while). This compares with the considerable amount of servicing of a diesel generator.

They also say it is much cheaper & more efficient on fuel than a conventional generator, because rather than wasting power, it switches on & off to top up batteries.

The product is being launched at trade shows in November 2007, and shipments start in Jan 2008. Production will initially be low volume at Voller's Basingstoke premises, but the intention is to sub-contract production out when volumes rise.
I got the impression that short term profits are some way off yet, and that it all really depends on being able to generate enough customer interest.

Fairly risky as an investment then, as it's always been, but for 6m mkt cap my feeling is that the company is intrinsically worth more than that to an acquirer.

I chatted to quite a few of the Voller staff there, and one of the technical people made an interesting comment that, as far as they are aware, there are no other companies targeting the same niche as Voller - i.e. fuel cells powered by readily available Calor Gas.

Going back to the marine installation, on a Beneteau boat purchased by Voller. This boat will be used to constantly do PR & drum up sales orders. They have a guy who comes from the boat industry who is working on promoting this area of sales, and he sounded upbeat about the sales opportunities. There is apparently quite a bit of interest already emerging from the marine industry.

We touched on emissions too. Apparently the Voller unit emits about the same CO2 as one person breathing. Not bad going. So it's clearly a very green product, which in these days where the middle-classes are all trying to be "greener than though" can't be a bad thing.

They reckon they can move up to 3-5 kW products in the next couple of years, which is getting to the point where you can power an entire house. There is a huge potential market for this in countries where Calor gas is widely used to power home heating systems (e.g. Southern Europe).

They pointed out that for every kW of electricity generated, a Voller unit generates the same amount of heat. So it can be used to provide electricity and heating/hot water for various places. All fascinating stuff.

So overall, I came away with the feeling that the company has made massive strides in the past 18 months since I've been a shareholder (100w to 1kW working units), but that commercial take-off is still clearly some way off.

That said, the same is true of the fuel cell industry generally, yet there are some amazingly racy valuations elsewhere. So we only need a bit of that to rub off on Voller for the mkt cap to multi-bag from a 6m starting point. That's why I'm here as an investor, in a nutshell.

Just my personal opinions, DYOR as usual.

Regards, Paul.

paulypilot - 11 Jun'07 - 19:11 - 2190 of 2198


Hi,

Oh forgot to mention about the other Voller unit, installed in a little portakabin things, that apparently are used as a small staff room on building sites.

That one was also pretty impressive. It seemed a lot quieter than the one on the boat, possibly as it was housed in a separate compartment. I didn't notice any noise or vibration at all in the main area of the little portakabin thing.

Apparently it runs for about 3 days on one cylinder of gas & provides electricity & heating. There is no maintenance required, other than changing the gas bottle every few days. Again they say that the lifetime cost will be actually lower than a diesel generator, whilst admitting that the initial capital cost is higher.

I'm wondering if it might be worth Voller teaming up with a leasing company to hire the products out for a fixed monthly fee, rather than requiring customers to fund the capital cost ?? Just a thought.

Voller said that a diesel generator would cost about 4-5k, but require about the same amount per annum in servicing & fuel costs. He says that the Voller unit is much cheaper, requiring virtually no maintenance, and being much cheaper on fuel. So the lifetime costs are lower, so they claim.

If that is borne out in practice, then the commercial case for using a Voller unit becomes a lot more compelling than we perhaps thought.

Safety - because it uses standard Calor gas cannisters, there are no safety issues other than for any other gas-fired appliance. So Giltspur is quite wrong in suggesting that there are special handling issues for the fuel. There is nothing of the sort.
It has also passed the approval process, and is type approved for sale.

Voller are confident that they have strong Patent protection for their Reformer technology (i.e. converting Calor gas into hydrogen), and their control systems. So there could be significant value in these Patents, were a competitor to find them an impediment.

All very speculative, but it's nice to see a Blue Sky company actually demonstrate a working product that's on-target time-wise, and ready for commercial launch. Yet the technology is valued by the stock market at nothing.

Regards, Paul.

Paul - thank you for such an excellent and fascinating post on your experiences at the product launch. I think you've summed up extremely well the inherently risky yet exciting nature of VLR and its product porfolio. canada1 (welcome on board!) asked a question earlier today about the comparatively lowly valuation and I think you've covered that well in your post. The market hasn't valued the technology yet and if (or more hopefully) when it is fully proven, shares in VLR should motor through the roof. This one really does have the potential to be very big and as its products are intrinsically green we will all be able to feel very pleased with ourselves on many fronts as the company goes from strength to strength.

Thanks queen1, I'm thinking of selling now I know why the price is so low, pp must have too many shares.

We'll just have to hope that no other companies come up with a better solution in the time frame - i.e 2 years of high risk until product becomes comercially sound.

Am happy to hold but will also be investing in ITM soon, think they're close to a bottom. Bought Ceres at 99p a while back and sold a few months back so hopefully we're in before the rest on this one.

Good post Paul - have spoken to a few sailors myself who trialled a fuel cell in their boat a few years ago - with very poor responses. All hated it. Lets hope this does not impact their receptiveness to Voller's ideas.

Any idea on the progress re. the military application of Voller 's products, i thought this could be one of their most profitable markets. If we're killing people we may as well do it without creating emissions.

I'm in ITM as well G D Potts although unfortunately not at these low prices. Both firms have excellent prospects and neither appear to be fly-by-night blue-sky chancers.

Voller Energy Group PLC
16 July 2007


16 July 2007

VOLLER ENERGY GROUP PLC

('Voller' or 'the Company')



TUV SUD has certified the Voller fuel cell auxiliary power unit ('APU').

Voller Energy Group PLC, the leading developer of fuel cell systems, is pleased
to announce that TUV SUD has certified the Voller fuel cell auxiliary power unit
('APU'). Voller's APU is a 1kW class system operating from standard propane,
liquefied petroleum gas (LPG) or Calor Gas. The system is designed for sailing
yachts, recreational vehicles RV's, motor-homes and construction site welfare
cabins.

Fuel-cell technology offers key advantages over conventional generators in many
fields of application where self-contained power supply is indispensable. Fuel
cells run more quietly, cause less vibration, consume less fuel, emit fewer
pollutants and need to be serviced less often.

Stephen Voller, CEO of Voller Energy commented: 'We are delighted that Voller's
APU is the first fuel cell in the world to receive the TUV SUD certificate,
which confirms that our system is safe'. The advantages of fuel cell technology
mean that we see virtually unlimited applications for our auxiliary power units,
from the maritime sector or recreational vehicles such as caravans and mobile
homes to construction site cabins.

Tom Elliger, TUV SUD Industrie Service GmbH said, 'This combination of a fuel
cell running on LPG and its application on board a sailing cruiser must be a
first worldwide.'

Further information is available on the Internet at
www.voller.com
and
www.tuev-sued.de

Good news Dynamite :-)

Yes I just wish VLR would go up like my CWR shares..still eventually I hope they will
Di

I know - they've been something of a frustrating market. Still, unlike a lot of similar companies VLR has a green technology that seems to be working and viable, so it should only be a matter of time.

THIS SHOULD BE TRADING AT 50P AT LEAST....MMs are so stupid

Only cautiously optimistic for the future but great to get an order under their belts:

Voller Energy announced a maiden order for its fuel cell systems and reiterated its commercialisation schedule as full year losses widened at the fuel cell group.

The company said it won its maiden order from GenQuip for 20 1Kw fuel cell systems, which will be delivered in early 2008 and installed in welfare cabins.

It is on track for commercialisation of its fuel cell auxiliary power units (APUs) by the end of 2007.

Reporting on its financial results, the company said these were in line with its expectations as full year pretax losses widened to 2.2 mln stg from 1.7 mln last time. Chief executive Stephern Voller said the company is 'cautiously optimistic for the year ahead.'

spoke to voller and they say profit on each fuel cell is 3000 which aint bad if they get orders into the 1000's...i'm sure the luxury yacht market alone will get 1000 plus

Voller Energy is pleased to announce that it is collaborating with the University of Cambridge, UK, to develop a diesel, bio-diesel, kerosene or JP-8 fuel reformer.

As part of its continuing development of reformer technologies Voller is pleased to announce that it has funded a research program which will be carried out in collaboration with the University of Cambridge to develop technologies capable of reforming (processing) hydrocarbon fuels. As a result of this collaboration Voller will have the rights to commercially exploit this technology. Dr Epaminondas Mastorakos of the University's Department of Engineering will be the academic lead for the project.

Dr. Mastorakos and his colleagues have previously developed a process for the super adiabatic combustion of hydrocarbon fuels which enables fuels such as methane and propane to be converted to hydrogen and carbon oxides. The research program will adapt this process for incorporation into fuel cell systems developed by Voller and will also extend the range of fuels which can be processed to include complex hydrocarbons such as kerosene, diesel or JP-8. This activity complements Voller's other activities in fuel reforming which include the development of steam reforming and pyrolysis systems. Voller has already released technology based on a 1kW steam reforming system that uses commercially available standard Calor Gas, liquefied petroleum gas (LPG) or propane. This system was successfully demonstrated in a mobile Groundhog 360 welfare cabin, manufactured by GenQuip PLC. In addition this system has been installed in a Beneteau 411 sailing cruiser.

Stephen Voller, Chief Executive of Voller Energy commented: 'We want to offer our customers a choice of fuel cell products in the future based on a variety of widely available fuels. We believe that a portfolio of reforming technologies is important so we can offer LPG and diesel fuel capabilities.'

Some good news today re the motorhomes tie up so why the 7% drop?

The market is not impressed maybe because it is an optional energy source for motorhomes and many may not subscribe to it.

Fair point but as far as alternative jam-tomorrow energy suppliers go VLR is actually producing the goods and getting others interested so I still don't see why the market is marking them down.

UK smallcap opening - Voller Energy up on reports of deals

LONDON (Thomson Financial) - Modest progress was seen in Voller Energy, 3/4 up at 18-1/4, on reports that the maker of a prototype fuel cell for yachts, worker cabins and motor homes is not far from closing deals with yacht dealerships for 100 fuel cells.

Current price: 19-20p, up 11.43%

looks like the filthy crooks in the city were out to trigger stop losses...vermin!

100 fuel cells doesn't mean a thing for a AIM company.

IT DOES WHEN YOU GET 3000 PER UNIT= 300,000 PROFIT

AND THIS IS THE TRUTH BECAUSE COMPANY SPOKESWOMAN TOLD ME

It means a lot maestro and this is only one order. which when worth 10% of the company's market cap is very consdierable. I believe new orders will be announced and not just the rumoured 100 for a yachting company and so have placed an out of hours trade. will be back in as of monday morning.

Welcome back G D Potts!

VLR has been a poor market of late. Let's hope this helps:

Voller Energy has secured Barcelona-based Disvent Ingenieros SA as its distributor in Spain, the Balearic and Canary Islands. The developer of fuel cell systems said Disvent will distribute its one kilowatt Emerald system across Voller's key target markets of construction and leisure.

In a separate statement, the company said it has received a 146,561 stg grant from the Department for Business, Enterprise and Regulatory Reform to develop an environmentally friendly cabin for the construction sector. Voller said it will work with GenQuip to develop a cabin that is based on environmentally friendly and energy efficient principles.

This will, given time, treble in value.

Let's hope so!

I'm really surprised to see VLR has sunk this low. Apart from the wider market malaise there doesn't appear to be a reason for it.

yes could be a bit of a bargain. Pretty sure the market cap is covered twice by their cash pile! Sold out a while ago, could still be one for the brave, not looking to put my money in this typeof market into such a high risk proposition though. Buy Econergy Queen.

Already in VLR G D Potts so no spare cash at present.

This could jump on results, as long as the cash pile has not been used up !

Further to my previous post, if the money am cap. is anything to go by, I reckon with the help of a few other posters we could buy this out !

There are junkyards with more value than this, at this price : ITM could snap this up !

the volume of trade today(i.e. NIL at 08.30) illustrate people are certainly not interested in Voller at the mo.
a glance at the chart shows that it is now valued at about 1/10 of what it was in may of 06

Up 35% this morning on the following news. If you look at the NAV the current SP is ridiculously low and significantly undervalues VLR:

Voller Energy Group announced it is to launch a strategic review of the business that could possibly lead to an offer being made for the company.

The developer of fuel cell systems today reported widening losses in the first half.

Voller hired Deloitte Corporate Finance to conduct a review of the various options for the group.

'These options may include, but are not limited to, strategic alliances, mergers, refinancing or a sale of the business. This process may or may not lead to an offer being made for the company,' the company said in a statement. The board will announce the outcome of the review as soon as practicable, it added.

In the half-year to December 2007, the group's pretax loss widened to 1.28m from 1.16m previously, while revenue fell to 19,000 from 25,000. In the full year to June 2007, it made a pretax loss of 2.22m.

Chairman John Brown said the year ahead offers 'a number of significant challenges in both development and manufacture' of fuel cells.

'It is clear that in order to continue the excellent progress achieved to date and to develop the product range to meet the challenges of the future, significant additional funding will be required,' he said.

At end-December, Voller had cash balance of 3.33m, while its net asset value was worth 16 pence a share. It built a manufacturing facility in Basingstoke and in November secured a 146,000 grant from the Department for Business, Enterprise and Regulatory Reform to develop an environmentally friendly welfare cabin for the construction sector.

Widening loss and falling revenue...not good

This is what I call a rubbish share.

You're not Dil's love-child by any chance are you?

4.25p now...record low.

1.5p now, this is Over and Out, with the great uncertanty of funding ( esp. in these days).
Great shame as this is a small enterprise attempting to create a new industry - but was it ever a go-er?
I have a small holding, just to watch.

VLR need to excite their Backers with something, but still, I have doubts. This represent the stupidity of UK plc - we are prepared top spend Billions on a sports complex for relativly little long-term value (the Olympic facility) and the Dome which was another money-pit with no hope of repaying the investment. . . . . yet a new industry is expected to find finance, build their technology almost with no help at all, meanwhile the Regulators are imposing Listing conditions, the VAT man and taxman are wanting their cut, almost as soon as the business nails its name to a post.
Rental, local Officials worrying about H&S and all manner of Busy-Bodies are all trying to wreck the business -
on the other side of the see-saw . . . . . well, almost no-one, maybe a brief visit by a TV-crew promoting Home-County commerce . . . they come and go, leaving nothing.

Amen to that one!

Voller Energy is so rubbish. Not worth 1p.

heard a bid rumour tonight

It's still worth more than you then hlyeo98.

It's so funny, queen1. You love rubbish shares like AGC and VLR.

Love's a strong word. But then so is hate. And gloating idiot (although admittedly that's two words). Well hlyeo98, 2 out of 3 ain't bad for you is it?

sorry queen1, but i think i read today that Voller is virtually out of cash - i.e. bankrupt, and you kniow i don't gloat over such things

It's a real pity about this one - I was quite enthusiastic a while back, but thank goodness I got out when their reports started to be full of financial woes.

Sorry to hear that Voller is bankrupt but it looks like hyleo is right on this point.

It's a great shame when a company fails - they had a good idea and created much publicity. However, the reality was that few customers wanted to generate very expensive electricity. Maybe the product needed some more "research funding" before being let-loose on the Market.
I have only a notional holding.

maybe it was deliberately scuppered...