Renewable players - any thoughts on whether CFU can really challenge CWR for its Fuel Cell Crown?

Link to CFU's Homepage -

http://www.cfcl.com.au/

Until serious news comes about this one will sit just like previously with Ceres - positive results and still definately one for the 1 - 3 year high risk portfolio.

its headed for a breakout in aus

Hope so, bought in on Friday.

From a post on AFN is seems CFU is the main SCSW tip from this weekends monthly update.


rogerl - 7 Oct'06 - 12:03 - 235 of 235

Main SCSW recommendation today - "speculative buy"

heard a few rumours too that CFU could well be ahead of the game - perhaps a switch over from Ceres holders to CFU is likely - going to bet a large chunck of my porftolio on either These, SEO or GTL tomorrow just waiting to see.

Profit Watch (part of Fleet Street Publications) is tipping these in a comprehensive report over the last couple of days after extensive research on their part.

Not seen the report but understand CFU is well ahead of the game with their CHP SOFC.

Also understand that there has been an alternative energy conference in London yesterday at which details of CFUs progess would have been made known.

I hold these shares.

Some largish sells shown at the days end, anyone know if these were actually buys??

what sp did you get in?

GDP: 28p

I'm in at 28p after reading the SCSW because they stated that CFU should be moving into high gear in the next couple of months. They also added that potential newsflow could set the SP on fire!

closing trades: All buys!

Trades for 23-Oct-2006
Time Volume / Share Price
16:37 1,000,000 @ 29.88p
16:32 500,000 @ 29.88p
16:31 250,000 @ 30.00p
16:31 250,000 @ 30.00p

GD Potts: Can you put this link to CFU's website in the header to this thread please:


http://www.cfcl.com.au/

There you will find a copy of the Annual Report and other supporting documents.


Also: CFU launched its prototype micro fuel cell system 'NetGen' for domestic applications at the Ninth Grove Fuel Cell Symposium in London in Oct 06.

As well as providing , hot water, heating and electricity to homes, it will also supply excess generated elecricity back to the grid and can be monitored on the internet. (See Smart Power News Letter on CFU's website)

Net Gen is about 40% of the size of the previous demonstration units.

Lots of news today:

Quarterly summary of Cash Burn.

Grant of Options to Board Members

Yet another Patent granted.

Ceramic Fuel to build plant in Europe; moves towards commercialisation UPDATE
AFX


(updates with details of new patent)

LONDON (AFX) - LONDON (AFX) - Ceramic Fuel Cells Ltd (CFCL), a manufacturer of solid oxide fuel cells, said it will construct a plant in Europe to produce high quality ceramic powders, which are a key component of solid oxide fuel cells, using its patented technology.

The powder plant is scheduled to be commissioned in the first quarter of 2007.

In a trading statement, CFCL said it is 'now at an advanced stage of development, and is moving swiftly towards commercialization'.

CFCL posted a negative cash flow of 4.4 mln aud during its September quarter.

In a separate release, the company said it has been granted another patent for the use of aluminium-iron alloys for fuel cell system components by the European Patent Office.

The alloys, which are highly corrosion resistant and inexpensive to produce, will allow CFCL to continue to reduce the cost of commercial appliances using solid oxide fuel cells, it said.

Patents have also been granted for this invention in Australia and South Africa and are pending in other countries, the company added.

With the advent of the Stern Report and talk in the Sunday press of the need to legislate use of Green technology in New Build Homes, all supports CFU's prospects. DYOR

Does anyone know what the Target Price is for CFU?
Thought they would have gone up with the news on the 30th!!
Thanks
Simon

The broker, Evolution, has initiated coverage of Ceramic Fuel Cells appending a buy recommendation and a 36p price target.

Where di you read that silver mede? Do you have a link?
Thanks
Simon

Simon102:

go to www.hoodlessbrennan.com, click on Read Market Comment in the the Market Comment box in the bottom RH side of the Home Page.

I see Fleet Street Publications are still touting this one via E Mails today

For a change I investigated further and looked at the website of this company and looks a pretty impresssive product.
Could be a money spinner to tuck away, and could well interest some of the majors such as Siemens , Honeywell etc etc
I think I may get on and enjoy the ride