Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Banger - It doesn't appear that Linde is hurt by not having Green H2 production.
And they are wise to have waited for the FINAL 45v Regs to be published, before investing millions.
Going forward LINDE will add Green Hydrogen Capacity when their financial models show a positive ROI, something PLUG ignored. And something REAL Companies do to be profitable.
And Linde already knows how to produce Liquid Hydrogen ... PROFITABLY !
Linde's price for hydrogen is variable depending on volume, distance tenner etc. And they can charge PLUG whatever they want; They have PLUG over a Barrel.
Steve - LINDE is currently a Grey Hydrogen company who can scale up green hydrogen production when needed, using their cash flow capital .
No need for Debt or Dilution like PLUG.
LINDE can afford to wait until the green H2 market will support the investment and not before.
PLUG on the other hand is building facilities that are negative cash flow and negative ROI.
This is why Linde is at All Time Highs and PLUG is close to multi-year LOWS !
Not having Green Hydrogen doesn't seem to be negatively affecting LINDE's Bottom Line.
NEW ALL TIME HIGHS !
Liquid Hydrogen Producer Hits NEW ALL TIME HIGHS !
LINDE hits $422 / Share pre-market.
A profitable hydrogen company !
Mac - I didn't say that either .
In fact I said you CAN'T use a propane tank. And even though propane tanks for home use have been in use for decades as you can attest, there's no commercially available hydrogen tank approved for residential use in the world.
And even though propane tanks have been around for decades, my video demonstrates they aren't perfect. I'm sure that in your corner of the world you see the occasional propane event as well.
Does anyone here own or drive a FCEV ?
Why not ?
Mac 1957 - Why is Hydrogen different ? How do you store Hydrogen ? Certainly NOT in a thin-walled Propane tank !
Producing, transporting and storing hydrogen is very difficult and expensive, VERY DIFFERENT than your Propane Tank. Add to that, there are no hydrogen storage tanks for vehicles approved for home use. How long will the testing and approval process take? GOOD LUCK.
Having TWO BOMBS at your home will do wonders for your insurance premiums, especially when they know that the hydrogen tank constantly leaks.
Please let us know when you get one of these for your $60,000 Toyota. I am really interested in your real world experience and ease of use.
BTW are you related to Mavi57?
B_B - Hydrogen in the homes ?
What can go Wrong ? Make sure to tell your insurance company that you have a Hydrogen BOMB in your garage.
I can already recharge my car in my garage! I'm already connected to the electric grid. We are ALL already connected to the electric grid.
Is there a Hydrogen Grid ?
It sounds like Toyota's "fix" is more likely a dream.
B_B - No mention of PLUG ?
A Nothing Burger !
B_B - Nice chart ! Can you see the Closing Share Price Trend Line ? It's a bit hard to see, but it shows a Very Steep Down -Trend !
From $75 DOWN to $4.00.
A BIG MISS !
The Fourth Quarter is not yet finished, and PLUG's Fourth Quarterly Report won't be out until February of 2024.
But we already know the Q-4 Results ! A BIG MISS !
No Major Deals ! NO Georgia ! NO Tennessee ! NO DOE $$$$ ! NO Tax Credits ! NO Bank Financing ! And many of these may continue well into 2024 !
Respectfully,
Ethan Grinch
velcro - I like your plan. I am afraid that selling the money-losing operations and businesses, although a great idea, may not bring us to profitability either. Nor remedy the "Going Concern" issues. But it will certainly help and it will certainly reinforce the need to FIRE the team who have been pushing this flawed concept.
It is clear that Ole Hoefelmann was NOT part of this team and he understands that PLUG's Business model is fatally flawed.
What Ole also knows is that PLUG can't make Green Liquid Hydrogen competitively and $15- $20 / kg hydrogen will kill the industry.
When the smartest person in the company Bails, that is a signal for shareholders to Bail as well. A Clear SELL Signal.
Respectfully,
Ethan Grinch
B_B - No Recession is not enough to make PLUG a sound investment.
Not going bankrupt does NOT make PLUG a good investment
"Going Concern" makes PLUG a Bad Investment.
THE BIG MISS !
There are less than 20 trading days left in 2023, so Andy and Paul ought to have a pretty good idea of how badly PLUG will miss the Q-4 and 2023 annual numbers.
No Georgia ! No Tennessee !
Will PLUG Senior Management be advising the PLUG Board on the latest estimates ? Will PLUG management be advising the Shareholders of these estimates / guidance?
Will PLUG's Board of Directors be asking for a new business plan for 2024 which addresses the obvious flaws in PLUG's efforts to date?
If the MISS is as BIG as I suspect it is, and if there is no comprehensive plan to right the ship, I also suspect that heads will roll. If not, then the Board is equally culpable.
In early 2024, I suspect there will be layoffs and other measures which might include, "exploring other strategic alternatives.".
B_B - No Mention of PLUG. 2 TPD ? Another Nothing Burger.
No Mention of PLUG ? Nothing Burger.
Steve - MORE BAD NEWS !
Many of the BIG / SMART Hydrogen Projects are on hold until the 45v measured are finalized.
As it looks now, PLUG's projects won't be able to take full advantage of IRS / PTC tax credits.
Based on the Leaked 45v Rules ... PLUG's Georgia plant is already plugged into the grid… therefore, under the leaked rules this plant would only qualify for $0.60 PTC vs the $3.00 PTC PLUG was hoping for. This is a Huge Negative.
Once the market digests this information and understands its impact on PLUG's business model and bottom line, more red will follow.
Yet Another PLUG RALLY Fades within Days !
Hydrogen Producer LINDE closed Down today at $ 400.31 ... Close to their historic Highs
Hydrogen Producer PLUG closed Down today at $ 3.99 .... Close to Multi-Year Lows
EVEN MORE BAD NEWS !
When it rains it pours !
https://seekingalpha.com/news/4044060-plug-power-cut-to-sell-equivalent-at-morgan-stanley-on-weak-hydrogen-economics?mailingid=33605751&messageid=2900&serial=33605751.5427&utm_campaign=rta-stock-news&utm_content=link-3&utm_medium=email&utm_source=seeking_alpha&utm_term=33605751.5427
Here is an Interesting Read :
https://seekingalpha.com/article/4656367-plug-power-stock-going-concern-warning-policy-risks?mailingid=33603945&messageid=2800&serial=33603945.20076&utm_campaign=rta-stock-article&utm_medium=email&utm_source=seeking_alpha&utm_term=33603945.20076
A terrible article apologizing for an earlier terrible article.
Pump & Dump ?
Going Concern ?
Tax Loss Selling?
Profit Taking ?
Lousy Fundamentals ?
More BAD News?
ALL of the Above !
Mac - Isn't that what I said ?
MORE BAD NEWS !
Based on the Leaked 45v Rules ... PLUG's Georgia plant is already plugged into the grid… therefore, under the leaked rules this plant would only qualify for $0.60 PTC vs the $3.00 PTC PLUG was hoping for. This is a Huge Negative.
Once the market digests this information and understands its impact on PLUG's business model and bottom line, more red will follow.
WTM - Do you try to cover my posts with nonsense on purpose ?
Do you hope that they get bored wading through your tripe and don't reach my analysis?
Steve - How many times have you heard, PLUG is a PUMP & DUMP ?
Why is anyone surprised ? Lot's of Froth and Hype of very little real news, and BANG, a head fake followed by the DUMP.
Some of you may recall this phrase : Every PLUG Rally has faded within days. Short interest continues to increase because shorts are selling into into Every Rally !
Banger - I don't trust your memory. Electrolyzer sales outside the US are NOT 70%.
However, if these rules go into effect as drafted, 100% of Electrolyzer sales could be outside the US.
WTM - Banger - The bigger Negative is all of the Electrolyzers that won't be ordered under these new rules.
This is at least a double hit to PLUG and this could be the bigger negative, since the $3.00 tax credits were probably going to the hydrogen customers.
B_B - These draft rules look like a Negative Catalyst for PLUG and not the big windfall people were expecting.
Classic PLUG.
cabel - Not to worry. In about an hour there will be at least 5 positive posts.
None mentioning PLUG, but no one seems to care.
WTM - BMW has more than 10 BEV in production and on sale NOW.
BMW has been producing hydrogen prototypes and pilots for decades, but still ZERO FCEV vehicle production or sales.
And NO Mention of HYZN, because HYZN and nothing to do with BMW on-road hydrogen vehicles.
WTM - BMW has more than 10 BEV in production and on sale NOW.
BMW has been producing hydrogen prototypes and pilots for decades, but still ZERO FCEV vehicle production or sales.
And NO Mention of PLUG, because PLUG only supplies material handling support to BMW ; and PLUG has nothing to do with BMW on-road hydrogen vehicles.
Mac - Not me, but my wallet is. Luckily, I don't have much of a position left in PLUG, since it is so close to the end of the year. Some of my trades and positions take a while to unwind, and it's best not to wait until the last minute with less than 20 trading days remaining.
A 65% drop in one year was more than I expected, and I am not complaining. One good / bad week out of 52 is still a good batting average for me.
I do still have a cheap option position open, in case something happens between now and Feb. 1, and I will be watching how the rest of December goes.
Kudos to the Long-Suffering Longs. You deserve a little reprieve.
WTM - Mira proves that he is wrong without my help.
WTM - Did you read what I said ?
"When is the last time Motley said anything positive ?"
The article is just another example !
Another Interesting Read :
When is the last time Motley said anything positive ?
https://www.fool.com/investing/2023/12/01/3-struggling-stocks-that-could-rise-more-than-50/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article
An Interesting Read :
https://seekingalpha.com/article/4655391-nikola-corporation-disastrous-quarter-and-outlook-sell?mailingid=33547792&messageid=2800&serial=33547792.4657&utm_campaign=rta-stock-article&utm_medium=email&utm_source=seeking_alpha&utm_term=33547792.4657
Hydrogen newcomers like Nikola and PLUG are struggling.
"Green hydrogen is being touted as a solution to help decarbonize industries and support countries as they become energy independent.
But high production costs and limited infrastructure have been hampering the commercialization of green hydrogen at scale.
What supportive policy frameworks and financial innovations are available to help deploy the technology more broadly?"
Banger - Everything you have posted "might happen" would mean that PLUG is meeting or exceeding expectations.
You have been here long enough to know that PLUG has NEVER met or exceeded market expectations .
I am merely letting everyone know how PLUG will NOT be meeting market expectations in Q-4 and the 2023 annual numbers ... AGAIN !