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Im a little concerned now. I thought $30 Million would be a success. Now these anylist set us up for disappointment. But as long as we have a loss of $.20 a share or less we should be okay. Problem is people who don't follow the company closely will look at missing earnings revenue as a bad thing.
FuelCell Inc (FCEL) Expected to Post Quarterly Sales of $34.44 Million
Saturday, March 3rd, 2018
Sally Masters
Analysts forecast that FuelCell Energy Inc (NASDAQ:FCEL) will announce sales of $34.44 million for the current fiscal quarter, Zacks reports. Two analysts have issued estimates for FuelCell Energy’s earnings, with the highest sales estimate coming in at $37.00 million and the lowest estimate coming in at $31.87 million. FuelCell Energy posted sales of $17.00 million during the same quarter last year, which would indicate a positive year over year growth rate of 102.6%. The business is expected to announce its next quarterly earnings results before the market opens on Thursday, March 8th.
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Only legit reason to not hit $1.80 today was the market. If it rebounds at least a couple hundred tomorrow we will break $1.75
Yes that will definitely help I'm excited. However there's always something holding us back. And right now it's the major indices. If the Dow in the NASDAQ take a turn upwards and look stable we will be anywhere between a dollar 80 into dollars by next Thursday. Then we need just not to disappoint on the first quarter report. I just want to get above $2 and never look back below it. And we are getting very close to that. Because even if there is a down Market people still look for good companies to get into. And as long as we fulfill everything that we have right now there's no way we are not going to start having better numbers and attracting more interest. You don't even need the 63 megawatt dealing Beacon Falls although that would have a significant impact on the stock immediately. All we need to do is fulfill everything we are currently working on including finalizing financing on everything that we have like the Long Island projects.
No worries what are they really expecting for revenues? I know they were expecting a loss of $0.20 a share I don't know exactly what they're expecting for revenues but they can't be expecting a quarter like the last one. We had $0.17 loss per share at 47 million. They were expecting 20 to $0.23 loss for share. and even then it didn't make the stock move anywhere is near what it should have. I think I mentioned before my hope is over 30 million. We're going to get something from the South Korea deal but not much. I'm guessing maybe $10 Million. They never specified the total they just said it was over 60 million dollar deal. If it was 65 million they would have said 65 million. So let's guest 62. I'm pretty sure they also said the final 15% of that will be paid when the project is fully completed and commissioned. So let's just call it $9,300,000. I don't remember if they stated how much of the money in the fourth quarter came from that project. But I believe they suggested it was supposed to be about $40 million. There's a lot of guessing here bought with a safety range of about 5 million I'm thinking we should be getting somewhere between 10 and 15 million from South Korea deal. I'm also shooting out a wild guess that are Revenue otherwise was averaging about 20 million per quarter before the South Korea deal. In revenue from service contracts is unpredictable based on timing but I'm guessing if you average out the last few quarters you should be pretty close and the power purchase agreement monies is only going to get bigger every quarter. Plus I'm hoping somehow the numbers are improved by the new tax incentives which I can't figure out but I'm sure they will elaborate in the conference call. So I'm thinking 10 to 15 million from South Korea then 10 to 15 million in other Revenue to play it safe. I'm hoping for more than 30 million but I don't think we're going to see any exact numbers from anybody until the 8th so it's all really a shot in the dark. But I'm pretty confident that over 30 would at least meet expectations and bring the stock back up where it should be. All just my hypothesis! Will know for sure on the 8th obviously. I wouldn't worry about it though Ballard is going to knock it out of the ballpark Thursday that will bring all of the fuel cell stocks at least some stability.
My initial thought was 13 billion dollars a lot of money. Then I thought well Fuel Cell Energy alone is going to have probably four-5 billion by 2023. Then I remembered that part of that 1.5 billion in orders or back log are service agreements. They still should have the Lions share of that compared to other companies except maybe Bloom.
Good stuff Max, ty. Meeting Thursday, 1 week before conference call. Hopefully results is good news to add to call.
Good read Max thank you. Well the announcement has been made about our conference call in earnings release. Without doing the specific research we almost always have a fairly substantial gain and should especially now with higher expectations regarding the report and the conference call. March 8, 10am
As far as South Korea goes we may not hear anything before the quarterly report but I'm sure chip will give some sort of an update or at least be asked a question on the conference call about it which will hopefully lead to at least some very optimistic word phrasing
That's funny so we won't even know when he stops posting on here because everybody's ignoring him
So that means better margins and better bottom line basically. So will they have to revise previous earnings?? Because I do believe that's how the incentives work they go retro back to the time when they weren't renewed. Unless I read it wrong.
PS. I'm guessing there will be an announcement within the next few business days about the date and time of that first quarter announcement and conference call. Historically we get a pop in between that announcement in the actual conference call.
9 full business days left before the first quarter earnings and Company update are announced. Plus a couple of hours for today obviously. I'm very confident we will touch at least a dollar 90 at some point between now and of the morning of the 8th. But hopefully the quarterly report is good enough that we get a substantial bounce over $2 finally. If I recall correctly those tax incentives that were added back in our retro all the way back to 2016. If that is the case we should have some benefit from that also not just the current incentives moving forward. Does anyone know the facts on that. Max?
10 business days to pass before we lead the class!!
Look at the chart. Stock moved up three days in a row a few sensitive time then pulled back a little bit on Friday I believe. I knew something was going on because none of the other fuel cell stocks were moving. Then today and all on no news. My concern is they are going to get flagged for insider trading with that kind of movement if any significant news comes out in the next couple days.
Are you translating?
Should have an announcement the last week of February about when earnings and Q1 conference call is (should be March 8). Typical 10% gain between then and the day of conference call. Then with good enough numbers should be more of a jump. Obviously depending upon how good the conference call is and any news that comes out prior to or the day of will determine how high. That said we should be well over $2 by the 8th but I'm hoping more like $3.
No merger unless plug begs them and gives them a deal of a lifetime. Plug is bleeding money and can't stop Ballard is pretty stable. This black cloud is really more of a gray cloud. Anyone that's watching all the news can tell that these are all the same news report coming out over and over again. Short-sellers get away with stuff like this all the time at least Ballard is doing an investigation to get to the bottom of it problem is they have to prove false allegations. But some of the people claiming Securities fraud. But they already got what they wanted they wanted to stock down so they could buy back in which I'm sure they already did however they may have sold out again at 3:50 and wanted to go back down to $3. I can't stand short sellers
FCEL will be highest pps and highest valuation of all fuel cell companies as I've stated before, and I'm guessing by mid September at the latest. Have fun!
Quarterly earnings on March 1st should be impressive.
I stutter that was a voice text Max. I do apologize sincerely. However I posted something again just to make sure everyone got the heading.
Over A Barrel: ExxonMobil Preps For The Low-Carbon Future
Just to make sure everybody read it
Thank you all for the feedback and the posts. The Forbes article is great but we didn't really need it posted twice within a day. In my translation if they are spending a billion dollars a year researching effective ways to capture carbon then there's not a problem spending spending a billion dollars a year on the technology that they believe works. The wording seems to imply in my translation anyway that they have found a technology that works they're just trying to tweak it to make it as cost-effective, functional and energy efficient as possible. I believe that is the purpose of the pilot, I believe they have known for a while this is likely the best option for carbon capture. Basically about a year-and-a-half when Vijay swarp met with chip in a public meeting to discuss the technology.
I agree they bloom IPO should help. However Bloom has been threatening and IPO for at least the last few years. At this point any + attention the fuel cell industry guess is still good for all the fuel cell companies.
I don't see a pull back until $1.95 unless the market gets slammed.
Actually I believe the expansion of the facility is either completed or almost completed. We did have a 100-megawatt run rate but they were expanding the facility to a 200 megawatt run rate which I believe if it is not done should be done by summer time. If Exxon did get involved and doing something like that they would want a bigger percentage of the company. Or at least a bigger percentage of profit margin that came with any carbon capture fuel cells that were installed. And if that did happen I'm sure we wouldn't hear anything about that for at least a year. I'm sure they're going to build a couple of smaller carbon capture fuel cells before they go to the bigger ones anyway. That will certainly take a few years. But we could hear something in a year or two about another expansion if things are going well by the end of this year.
"Nice", but everyone does realize we are going to need more than 200 MW a year run rate, if/when Carbon capture is commercial. 200 run rate would never cover other applications along with CCS. Let's get 100MW run rate by year end and I'll be extatic and justified.
Yes I agree but not quite that dramatic. Maybe 1/2 price but better margins not really lower retail.
I don't recall seeing this article before and again if the link doesn't post I apologize I will try to give you whatever information I can.
Yes, chart indicates in a stable market with any good news (ie. Tax incentives) we should pass $2 easily in near future (guessing next week). Of course pending no fear of market crash. We just need to stay over 24,000 Dow.
Apparently Carl shorted the stock sorry to say he lost out. I'm certain with Market cooperation and no crash coming next week FuelCell energy will be well over a dollar 80 before the end of the week but I'm thinking more like 185 to 190 on Monday or Tuesday. Let's see what the rest of the market does but it looks promising right now. Have a good weekend all happy Monday.
Senate budget deal includes fuel cell tax credit
Albany Times Union
The fuel cell industry and the hydrogen and natural gas industries have also participated, along with other renewable energy companies. "It's incredible how helpful Sen. Schumer was in the process," Marsh told the Times Union. "To have someone like Sen. Schumer (representing New York state) is ...
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Yes thank you for the feedback I do appreciate it but I understand it. My point was I think 99% of the population doesn't understand it even most of the people that are involved in policies and politics and the rest of the carbon capture Technologies. They don't understand it so the only ones that understand FuelCell energy carbon capture method is the best most efficient way are the very limited people that have been following FuelCell energy. And it seems as though we are like an ant on an elephant's ass
They're all focused on the cost of carbon capture not being feasible which includes the cost of transporting the carbon. Apparently not enough people are aware of fuel cells carbon capture which doesn't require transporting the carbon what makes it more affordable because they're using the carbon to create more energy. Somebody needs to have some serious discussions with these people. So many people talking about carbon capture and it not being financially feasible because none of them were talking about fuel cells carbon capture technology
Well we probably both got into FuelCell right around the same time. I too have been accumulating the entire time. I have however sold out on a few occasions to make some quick money on other stocks. Just can't do it while FuelCell is down so much and should have already rebounded. I'll kick myself in the you-know-what if I'm short shares when it shoots through the roof. And I have actually gotten about 5 other people into the stock. Of which I know a couple of them I speak with on a regular basis are optimistic but frustrated as am I. Who wouldn't be. There's no reason for other stocks to perform the way they are and FuelCell to be where it's at right now as is usually the case. Heck I feel like we could get Beacon Falls right now and not even go to $2. It's ridiculous
Yes and it's almost guarantee but as soon as I sell some FuelCell will go up and I will not only lose out on that money but want to buy back in at a higher price and lose money on both ends