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PLUG

2.428 Posts
Pagina: «« 1 ... 109 110 111 112 113 ... 122 »» | Laatste | Omlaag ↓
  1. [verwijderd] 9 oktober 2014 15:31
    Goed nieuws: plug en Ballard verlengen de supply agreement. De aanschaf van ReliOn is gebruikt als leverage om de prijs te drukken.

    Let wel; Ballard high power stacks zijn voor de Class 1,en 2 lift trucks en de ReliOn stacks voor class 3 en andere applicaties, zoals telecom backup.
  2. [verwijderd] 21 oktober 2014 16:54
    Ik hebnog steed, ber. Ik twijfel niet aan de business, maar ik denk dat Plug nu veel serieuzer genomen wordt, waardoor er minder idioterie in de koers kan komen.

    Plug is snel opgegroeid. De waardering is voorlopig in orde. Nieuwe deals (in nieuwe markten) of de melding van winst kan best een spike geven.

    Marsh heeft het onmogelijke gedaan. Hij is terecht gekozen tot best small cap CEO.
  3. forum rang 10 DeZwarteRidder 29 oktober 2014 13:49
    Plug Power And Investor Relations
    Oct. 29, 2014 5:12 AM ET | 17 comments | About: Plug Power, Inc. (PLUG)

    Plug Power continues to trade at high P/S and P/B multiples, and to struggle with GAAP profits.
    Aside from the fuel cell technology, Plug's management team has a history of diluting shareholders.
    Of the three major ways by which corporations raise money, Plug is likely in the future again to choose equity raises, which will dilute shareholders.

    Plug Power (NASDAQ:PLUG), the Latham, New York-based fuel cell manufacturer, needs to keep the bandwagon going right now if it is going to continue to generate interest among consumers in its product offerings. The interest among investors too has been waning in the last couple of months - although the company's stock price is in spite of its multi-month decline still up by nearly 650% in the last calendar year.

    The company has brokered a number of GenKey hydrogen and fuel cell system solutions deals in the past year, and I certainly am interested in at least an abstract sense in the fuel cell technology that Plug offers. At the same time, apart from the possible future growth of this technology I want to argue in this article that the company is dangerous for long-term investors because its actions have so often in its history been unfriendly to its shareholders.

    In fact, leaving aside the company's products, my own view on Plug is that the company has in the past proved itself to be too hostile to potential shareholders for its stock to be attractive to long-term investors. The major bad habit of Plug's that ought to make potential investors wary is its tendency to raise money in ways that dilute shareholders. Earlier this year, for example, Plug announced yet another underwritten secondary offering. The book-running managers were Morgan Stanley & Co. LLC and Barclays Capital Inc. Cowen and Company, LLC and FBR Capital Markets & Co. were the offering's co-managers. The stated purpose of the offering was for working capital, general corporate purposes, and potential acquisitions. In the last calendar year or so, Plug has sold equity at prices of $0.12, $0.24, and $0.62. Some of Plug's last several dilutive offerings occurred on 9/16/2013, 1/15/2014, and 3/6/2014. These earlier offerings were all solely underwritten by Cowen and Company. Earlier dilutions dating back nearly a decade have caused individual shareholder value to decline by 94% to its present state. Future secondaries, being affiliated with a larger array of institutional investors, and being intended to be attractive to institutions, will likely be priced in the $2.50-$4.00 range.

    In particular what I think that potential investors in Plug ought to be able to recognize as a result of these multiple different secondary offerings is that the management style of PLUG is in no way friendly to long-term investors. Yes, it is true that the company in Q2 2014 met its EPS estimates and slightly beat its revenue estimates. Yes, it is true that the company's product gross margins hit 17%. But at the same time, the company's quarterly operating loss was $6.4 million, the same as it was in Q2 2013. Thus, one reason for why these numerous equity offerings have been taking place so frequently in the last couple of years is that Plug continues because of its bottom line losses to be in a precarious financial position. It in fact is in greater need of working capital than is thought by a lot of its supporters. The company burns approximately $6-7 million of cash each quarter. At the same time, given the large and profitable number of equity raises that have now occurred this year, my own view is that Plug management does at this time have enough cash to be able to continue its operations and acquisition plans for an indefinite period into the future.

    But another thing for potential long-term investors to keep in mind, and a reality that I think probably is central to management's mind, is that management seems generally to believe that the rise in the share price of PLUG has made it overvalued. The company's P/S multiple is still extraordinarily high.
  4. Kahoona1962 29 oktober 2014 17:46
    Plug Power Commissions Site at Golden State Foods; Deploys GenDrive Hydrogen Fuel Cells at New Regional Distribution Center


    158,300 Square-Foot Facility Completed in June 2014; Contract Includes GenDrive Fuel Cells and GenCare Onsite Maintenance Service

    LATHAM, N.Y., Oct. 29, 2014 (GLOBE NEWSWIRE) -- Plug Power Inc. (Nasdaq:PLUG), a leader in providing clean, reliable energy solutions, today announced Golden State Foods has deployed GenDrive hydrogen fuel cells in the material handling fleet at its new food distribution center in Illinois.

    Plug Power will supply GenDrive fuel cells to power 39 material handling vehicles – 11 class-2 stand-up reach lift trucks and 28 class-3 rider pallet trucks. Plug Power will also provide Golden State Foods with GenCare onsite maintenance and service.

    Golden State Foods is a global, California-based food manufacturer and distributor for the quick service restaurant industry, with customers such as Starbucks, Chick-fil-A, Arby's and Taco Bell. The 158,300 square-foot regional headquarters and logistics center built on a 15-acre parcel west of Chicago, will serve more than 460 McDonald's in the Midwest region. The facility incorporates Golden State Foods' sustainability initiatives by meeting LEED Gold Certification standards and integrating green operations solutions, including the zero-emission hydrogen fuel cells from Plug Power.

    "We understand how important it is to Golden State Foods to ensure that day-to-day operations are highly efficient, with minimal ecological impact," said Andy Marsh, Plug Power CEO. "Integration of GenDrive fuel cells into the material handling fleet at the company's brand new logistics center will enable it to meet those strategic goals, and will have positive productivity and cost-saving impacts."

    Plug Power's GenDrive fuel cells are a clean alternative to lead-acid batteries, and are designed to fit into all major OEM material handling vehicles. Using fuel cells eliminates the need for battery storage and charging rooms, enabling customers to free up valuable warehouse space and removing the possibility of contamination from lead and sulfuric acid in the work environment.

    Lift and pallet trucks powered by fuel cells improve reliability, enable cost savings and provide greater productivity. They run at full speed even when fuel is low and can be re-fueled within minutes, as compared to battery-powered trucks that experience voltage drops and speed reductions when the charge runs down.

    GenCare is Plug Power's ongoing maintenance service. It includes advanced system monitoring, preventive maintenance, periodic system enhancements, parts inventory logs and rapid-response onsite service by GenCare technicians.
  5. Kahoona1962 30 oktober 2014 22:25
    Ik hoor van mijn contacten dat op dit moment de infrastructuur van de brandstof een probleem is voor bedrijven die de overgang naar waterstof gerelateerde technologie (zoals die van Plug) overwegen te maken.
    Het moet allemaal wel enigszins betrouwbaar, voorspelbaar en voldoende zijn de aanlevering van brandstof, anders ligt je business stil.

    De uitrol van GenDrive in Europa kun je niet echt een succes noemen tot dusverre. In Amerika met regelmaat deals, in Europa heb ik het afgelopen jaar niet 1 deal zien vallen. Dit komt met name door de infrastructuur van waterstof, die onvoldoende is. En ik zuig dit niet uit m'n duim :-)

    Ik vermoed dat dit op niet al te lange termijn zal veranderen omdat waterstof auto's eraan zitten te komen.
  6. [verwijderd] 1 november 2014 10:28
    Je wordt op je wenken bediend in het power ahead blog

    Why a GenFuel Hydrogen Infrastructure Makes Sense There are many reasons why Plug Power customers are opting to order our entire GenKey solution. A seamless transition to hydrogen fuel cell energy is just one of them. Increasing operational efficiency and reducing energy costs are other motivations. We've been talking about GenKey, Plug Power's all-inclusive hydrogen and fuel cell solution for a while now. It provides full support for material handling fleets to operate on hydrogen-based fuel cell power. GenKey delivers: · GenFuel - hydrogen delivery, storage, & refueling · GenDrive - fuel cell units · GenCare - maintenance service In this blog, we're going to focus on GenFuel, a major element of the GenKey system. What exactly is GenFuel, anyway? Part of it is a hydrogen molecule supply which is used to power our GenDrive fuel cells. BUT - that's just the start. Plug Power's GenFuel solution provides a standardized onsite hydrogen fueling infrastructure that consists of multiple components, including: Outdoors · Liquid hydrogen storage tank · Compression system - liquid to gaseous hydrogen · High pressure hydrogen storage tubes to maximize reserve hydrogen · Piping for delivering hydrogen into the building, directly to your dispensers Indoors · Hydrogen refueling dispensers Installation of all these components by just one business partner - Plug Power - has many advantages. You have the solid expertise of your GenFuel installation specialists, one source for all communications and the entire process is directed by our knowledgeable, highly experienced project management team. It's like the general contractor who oversees a major home or office building renovation. You don't need to hire a separate team for each step along the way - architect, construction crew, flooring expert, plumber, electrician, painter, etc. It's all managed for you by the general contractor. This same benefit applies to the installation of a GenFuel hydrogen infrastructure. Plug Power manages the entire project for you, from start to finish. We build cookie-cutter infrastructures across North America every day - so the process is seamless. It's professional. It's done properly. Bottom Line: POWERAhead with GenFuel: it just makes sense! Here is a more detailed look at the elements comprising a GenFuel installation: Design Phase: Once a customer agreement is approved and signed, Plug Power initiates construction and commissioning of the standard GenFuel infrastructure. This includes development of the installation plan and modified site drawings, and acquisition of approvals and permits. Construction Phase: All GenFuel storage, compression, pipeline and dispenser equipment is installed during this phase: Liquid Hydrogen Tank - An outdoor pad, where the liquid hydrogen storage tank will be located, is built. The storage tank has a capacity of 15,000 - 18,000 gallons. Hydrogen Compression System -Liquid hydrogen is pumped with liquid pumps to usable pressure and put through a phase change to turn the liquid hydrogen into a gas. It's then stored in our ground storage tubes for distribution to your indoor dispensers. Gaseous Hydrogen Tubes - Tubes are used to hold approximately 120 kg of gaseous hydrogen at ~7,000 psi. There are no moving parts but there are shut-off valves present to stop hydrogen flow if needed. Hydrogen Pipelines - A continuous hydrogen piping system that runs between the gaseous hydrogen tubes and multiple refueling dispenser locations is installed. The high-pressure pipelines are made of stainless steel. Refueling Dispensers - GenFuel dispensers are installed in the busiest areas of your distribution center to make fueling access easier for your lift truck operators. The dispensers have user-friendly touch screens and quick-connect hoses that make re-fueling easy for forklift drivers. GenFuel dispensers are offered with a data collection system that enables remote monitoring, file sharing and tracking of statistical information such as hydrogen consumption, fill pressure, fuel distribution by vehicle class, etc. An alarm notification system identifies specified conditions and sends out texts and emails. Mandatory safety measures (e.g., hydrogen detection, fire detection, emergency stop, etc.) are built into each station. Additional safety measures include a bollard/rail system that surrounds dispensers to protect from approaching lift trucks, depowering of vehicles during fueling, and safety pressure mats that ensure vehicles do not leave the fueling station during a fill. Commissioning Phase: The system is thoroughly checked and final tests are run. It typically takes about 16 weeks for the entire infrastructure install to be completed. Employee Training: Customer employees are trained on the GenFuel system, and the first GenDrive fuel cell units are filled using the newly installed hydrogen fuel dispensers. All Systems Go: GenFuel installation is complete. POWER Ahead! Summary Our goal is to help customers seamlessly integrate a GenFuel hydrogen fuel storage and dispensing system without disrupting operations, while improving operational efficiencies and cost-savings. Customers like Walmart and Kroger are using GenFuel today. For more information on how Plug Power can bring hydrogen-powered fuel cells to your business.
  7. forum rang 10 DeZwarteRidder 3 november 2014 14:09
    De beurswaarde van PLUG is nog steeds vele malen te hoog; het lijkt wel GTAT!!

    De market cap is bijna 800 miljoen, bij een getaxeerde omzet voor 2015 van ca 126 miljoen en nog steeds verlies.

    De koers gaat dus gegarandeerd dalen tot een meer normale waarde, de vraag is alleen wanneer.
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