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Hedge fund takes on Ballard – the new stock market thriller?

Hedge fund takes on Ballard – the new stock market thriller?

Stack

Stacks for commercial vehicles, © Ballard

Ballard Power’s stock recently came under pressure for not fulfilling all the expectations of market analysts. The last quarter of 2017 didn’t see a net loss of USD 0.01 but USD 0.02 per share. The net loss for the whole of last year was as much as USD 0.05, although on a non-adjusted basis. It means that despite a considerable leap toward breakeven in 2017 (more…)

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FuelCell Energy – Carbon capture offers great potential

FuelCell Energy – Carbon capture offers great potential

Bridgeport

Installation in Bridgeport, USA, © FuelCell Energy

FuelCell Energy (Nasdaq: FCEL) has announced its financial results for the first quarter in 2018, ended Jan. 31. Total revenue amounted to USD 38.6 million, up from USD 17 million in 2017. The company posted a loss of USD 8.4 million, including USD 3.5 million in deemed dividends on preferred stock. Financial liquidity on the balance sheet date added up to USD 115.4 million, part of which is a USD 40 million revolving project financing facility by NRG Energy (more…)

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Plug Power expects strong second quarter

Plug Power expects strong second quarter

share

Stock prices, © www.wallstreet-online.de

Technological breakthroughs and rosy prospects for growth may have raised expectations of the fuel cell companies described below, but their grossly undervalued stocks haven’t followed suit. Zooming out for a moment, there should be a greater focus on sustainability if the goal is to up the stock price. Instead, too much emphasis is placed on current financial results, specifically on the reports published each quarter. A pessimistic view of the next two years seems especially unjustified (more…)

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Hydrogenics versus ITM Power

Hydrogenics versus ITM Power

Simon Bourne

Simon Bourne in the ITM container, © ITM Power

Canadian producer Hydrogenics (Nasdqaq: HYGS) and British manufacturer ITM Power (London: ITM) aren’t entirely comparable, but they use similar technologies. There are some commonalities in the form of power-to-gas projects, hydrogen stations and powerful electrolyzers to generate the gas. Their market caps aren’t as far apart as I would expect based on the number and contract value of bookings. Both stocks have experienced severe price drops. (more…)

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Tesla: Livin’ in my own little world

Tesla: Livin’ in my own little world

Tesla

Recharge, please, © Tesla

This or a similar sentiment could describe in a nutshell the content of the tweets and comments by Elon Musk, the charismatic CEO of Tesla (Nasdaq: TSLA). Reality is a bit of a world apart. In the fourth quarter of 2017, Tesla lost around USD 675 million despite strong growth in revenue to USD 3.3 billion. The average share loss was either USD 4.01 based on GAAP, which I prefer, or USD 3.04 per share based on non-GAAP. (more…)

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SOLIDpower partners with Microsoft

SOLIDpower partners with Microsoft

Microsoft

Fuel cell units on top, servers directly below, © SOLIDpower

While SOLIDpower’s core business is the supply of energy to residential and commercial buildings, it has recently branched out into IT. As a German-Italian manufacturer of high-temperature fuel cells, it will now provide units to businesses that need to keep servers running. The most well-known partner it has signed a cooperation agreement with is Microsoft. (more…)

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