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Anyone want to justify the thought FCE won't get a piece of this pie? I know they will
Reminder for C4P
— European Electrolyser and Fuel Cell Forum (@EFCForum) October 21, 2023
for #EFCF2024
The Call for Papers is still open and Deadline for submission is approaching rapidly! 6 weeks to go!
📧 Submit your abstract before 30 Nov 2023
📌 More about the C4P and the submission process on https://t.co/BC1AJ6ZCEr pic.twitter.com/0bneetjnb1
Toyota is all out on hydrogen and fuel cells. In an interview with Mark Yamachi (Toyota) and Paul Fukamoto (Fuelcell Energy), Mark Stated they are in discussions regarding future projects, particularly the CHP which weren't necessary or the right fit in Long Beach! That Trigeneration project one of the most, high profile and recognized, in the world! Toyota is executing and moving forward with hydrogen and fuel cells non stop! Factual EVIDENCE is all over, unlike the Bear position.
https://reneweconomy.com.au/toyota-and-telstra-pivot-into-hydrogen-fuel-cell-generators-for-off-grid-sites/
The fuel cell industry was over looked as a viable option for transportation and power for many years. Finally, they began receiving incentives which solar, wind, and electric vehicles received had long been receiving bringing solar companies and Tesla to the forefront. When the powers to be realized these companies may actually succeed and be sustainable, but probably won't be sufficient, they decided to include fuel cells, but not wholeheartedly. Incentives were included in legislature reluctantly and even omitted from political support intentionally or unintentionally for a year, then added back in with lots of lobbying which Few and crew were involved with. The world is just now beginning to make the SAME COMMITMENT to FUEL CELLS as they did to solar many years earlier. Solar and wind are intermittent and less efficient. They are only lower priced because of the years of support fuels just began receiving and the growth surge they already witnessed. Fuelcell Energy is the most unique of them all with the MOST DIVERSE PLATFORM of PROVEN PATENTED technologies. They have been tested by the most advanced laboratories in the world for many years and continue to be. QUESTIONABLY the most influential company in the world has been working with them for over a decade advancing Carbon Capture, which is just now reaching to point Tesla did as they were at the nake or break point when Musk was living at the office for 6 months or so. Once Tesla ran over $100 for the first time, it never looked back. $300-$900, but then with the Global pandemic, threat of recession etc, it can back down to reality. Tesla had its time! Electric cars are becoming common place and now known to have there down falls and not be the only option. ACCEPTANCE level of FUEL CELLS in general has almost reached that of electric cars when they WERE the future. We have EXXONMOBIL and Toyota (The largest Auto Manufacturer in the world) pushing full speed ahead with our TECHNOLOGIES!
https://www.google.com/url?rct=j&sa=t&url=https://www.topspeed.com/hydrogen-cars-bright-future/&ct=ga&cd=CAEYBCoTMTgwMTg4ODE4Njk0NTg0ODI2MjIaM2Y2YzEyOGYyMzM0YTgyODpjb206ZW46VVM&usg=AOvVaw3eoT2Hvul3Jrm5OX1xDDAL
2019 a self professed short seller began targeting FCEL, every tim any news came out then or thereafter, Henrik would write an article identifying 1 + development, then proceed to bash the company listing a variety of reasons with some facts (trying to gain credibility) skewed by factually inaccurate statements. He insisted repeatedly, bankruptcy was unavoidable. The company began prioritizing methods to right the ship, hiring a restructuring company to do so, escalating his boisterous claims. They hired Jason Few (a then board member whom exceeded the knowledge & experience to right the ship). They prioritized eliminating toxic debt, trimming the fat and beginning to put the right people in the right places. After settling/paying toxic debt they continued to focus quarterly on addressing the finances and still do (running lean). They already had SIGNIFICANT partnerships with DOD, DOE, Toyota, Exxonmobil, and several others prior to 2019 or failure may have been on the table. Those changes set them up for success being imminent instead of bankruptcy. The election and the bipartisan infrastructure law combined with the IRA, insured it will happen sooner rather than later. FCEL and all the other fuel cell companies were left out of incentives for a couple years while wind and solar continued to get all the money and recognition from the policymakers. Then climate concerns increased and the recognition that taking 20 or 30 years to build out intermittent energy sources was not an option. Necessity of carbon capture has become a reality. It's just a matter of everyone accepting it and identifying fuelcell energy as one of the best options. Since the Bipartisan law and IRA, fuel cell has not only signed several contracts, They have developed some extremely relevant and significant partnerships, and progressed with ExxonMobil. A 1,400% run In less than 3 months was a glimpse of what we will see in the future. It took 3 full years to drop back down below $2, But it only took 3 months to go up 1,400%. So like Clint Eastwood, You going to ask yourself, did he fire five shots or six? In other words is it worth the Risk (investment). I've seen many intelligent investors doing research and basing their comments on such research, including myself. The bashing comments in Ludacris statements about the company going bankrupt or failing or being a piece of whatever are all bogus with no substantiated facts. There's no research to support those comments. There's plenty of research and facts to support all of the intellects investing in this company. Including by the way, The fund manager of the largest investing institutions in the world, home Jim cramer called the smartest man in the business a couple days ago. Black Rock has accumulated shares for the past few years last I knew they were up to almost 40 million. Imagine when the stock does go up 1,000% in less than a year. They might trim profits off their $3 and $4 shares put this company is going to run for years to come. I'm sure they will be holding their $20 shares for the next couple years at a minimum. Happy investing Thank you very much to all the people that do do research I appreciate it and pass it on. I hope investors have a great weekend, bears and bashers not so much.
We desperately need the market to show some stability. Or just hope like some are they get another opportunity to buy at these levels are lower. I can just imagine the Bears claiming they told you so or it's going below a dollar without even reading which I don't anymore. Anyone claiming this is based on the company or fundamentals is flat out lying or just has no concept of reality. This has nothing to do with the company, their potential, or fundamentals, whatsoever! I unfortunately not being a seasoned veteran over the last 20 years have learned a lot, And now I know how much the overall macroeconomics and manipulation and fear affect the overall market and individual companies. The only way this company and its stockholders don't prosper substantially in the near and long-term future is if there's an almost immediate reversal in interest in commitment to hydrogen, fuel cells, and carbon capture. Anyone segment we've gained traction in whether it's combined heat and power, try generation, electrolysis, microgrids, etc, is sufficient for this company to ultimately prosper. Combine any two or three of the possibilities and there's a significant difference in profitability and time frame. If all of them are successful the sky is the limit and the time could be any day. In 5 years the Bears will have all disappeared or changed their names long long ago. Or they will change their tune and jump on board after we surpass the 50-day moving average. Or they will change their tune and jump on board a little later than they would have liked to. Either way long-term investors will prosper, I have zero doubt whatsoever
That research with INL was with fuel cell energy, hence the two projects with the Department of Energy and Nuscale identified last October & November. Also the most recent developments I believe it was the UK or was that the Ontario one.
https://spectrum.ieee.org/nuclear-power-plant-2666016688
Tick tock
We have almost all the news we need for interest in this spike, supply and demand will become an issue for the shares before they sell any (Hopefully)! We've had plenty of positive news over the past year and in particular even just this past week. The only thing we're waiting on is commercial operation of Derby, commercial operation of Trinity, commercial operation of Derby 2, TIP completed at Groton and some sort of positive update with Exxon in Rotterdam. By Q2 of 24, earnings are going to start to impress all. Many issues negativity impacting earnings will no longer exist after the New Year. Q1 ends 1/31/24. I doubt very highly the Share price will wait to Q2 earnings (early March) to jump, but if it does, watch it top 1,000% market cap increase in 2-3 months (June) easily. Should have guidance reiterated or revised upwards by then too. Yes, math says $11B+ MC before summer, yep, I said it. Couldn't resist. Based on Q2 and Q3 increase Q/Q & Y/Y! $552M current MC translates to $11B. They may have to sell $100 million shares for investment purposes ($250M manufacturing facility) before then which is why I referenced market cap not share price. Still going to translate to a significantly higher share price. Especially if they can sell the shares at $5 or higher. They want the share price over $5 just as bad as we do They just know certain things need to happen first. In particular if the market was entirely bullish and concerns about the macroeconomics in the economy completely dissipate, That alone would do it.
Volume lower yet again today. Market got beat up 2 days in a row And that is the sole reason for the share price to decline. In fact inflationary concerns rate hikes and overall macroeconomics are the only reason the stock ever went below $4. Look at the 52-week high, And go back to when the rate hikes started. Even the Bears in the shorts are surprised the share price is this low. The ones that were watching it decline from over $20 anyway. IP alone is worth more than the current market cap. They have what 400 patents. It's just a matter of time.
Chart looks very interesting and obviously positive over the last couple weeks. There's a very clear cut difference in volume on the up days versus the down days. Higher highs and higher lows over the past month. Perfect chart would have the stock close over $1.45 by mid week, or $1.50-$1.55 By the following week. So it may actually just take 7-8 trading days to close over $1.50. although I believe once we close over the 50-day moving average the share price will move much higher quicker. Especially if the macroeconomic picture looks stable or there's any more significant news about the company or the industry.
https://www.globenewswire.com/news-release/2023/10/18/2762271/8041/en/FuelCell-Energy-Electrolyzer-to-be-used-in-UK-Hydrogen-and-Nuclear-Study.html
PORTHOS
https://carbonherald.com/porthos-co2-storage-project-launched-in-the-netherlands/
FCE identified a year ago as participating at PORTHOS by top exec at Exxon
https://www.linkedin.com/posts/linda-ducharme_last-week-i-visited-exxonmobils-rotterdam-activity-6980969876542668800-VTSY?utm_source=share&utm_medium=member_android
Toyota still getting all kinds of positive attention. This is the most cost effective efficient manner to produce clean 24/7 reliable power with multiple revenue streams.
https://www.linkedin.com/posts/fuelcell-energy_hydrogen-energytransition-fuelcells-ugcPost-7105910640417853440-7CV2?utm_source=share&utm_medium=member_android
Great video from FCE
Triple whammy, shorts are fortunate the market's getting slammed today. Just imagine if we didn't have the news we've had so far this week, think about it, hydrogen hubs which we are named participants in 2 (California & the Gulf), PORTHOS FID ((which we are definitely getting a project with Exxon) And the two fresh awards announced. We're still up on the week and we are still closer to the one month high then the one month low. We were teetering at the 50-day moving average but after going up over 11% in one day shorts being aggressive as they could be, And the market getting pounded, Our current position is not surprising or disappointing at all. Let's see what the market does tomorrow and where we are at the end of the week. We can get back to 1:40 pretty quickly with the news we've had.
Shorts have to cover, at 1.2M shares less than 10 minutes in, they are in panic mode. 3 significant developments this week already. Tick Tock!
Rock & Roll, Tick tock is here.
Thanks to WeTheMarket on Ihub
Oct 18, 2023
https://investor.fce.com/press-releases/press-release-details/2023/FuelCell-Energy-Electrolyzer-to-be-used-in-UK-Hydrogen-and-Nuclear-Study/default.aspx
Cool, thank you. Ready to roll like avalanche. Friend sent me FID article about PORTHOS!
https://www.porthosco2.nl/en/first-co2-storage-project-in-the-netherlands-is-launched
Yesterday's Ontario news
https://s21.q4cdn.com/256256048/files/doc_news/FuelCell-Energy-Low-Carbon-Hydrogen-Project-with-Kinectrics-and-Bruce-Power-Awarded-IESO-Hydrogen-Innovation-Fund-to-Further-Technolo-XZX7B.pdf
Cool, thank you. Ready to roll like avalanche. Friend sent me FID article about PORTHOS!
https://www.porthosco2.nl/en/first-co2-storage-project-in-the-netherlands-is-launched
Intraday we moved past the 50-day moving average but closed one penny below. Ironically, though it certainly seems bloom and plug and Ballard, particularly over the past month or two, fuel cell is one penny off the 50-day moving average. Ballard is 1% off, Bloom and plug are exactly 3.33% off. If we clothes green tomorrow That would make me happy for now. And I wouldn't complain if we closed over $1.50. Tick tock!
1 month chart is actually shaping up pretty nicely. And since we breathed past the 30-day high we could very well break the 50-day moving average. That would be nice and open up all sorts of opportunities. All we have to do is close over $1.41.
FCEL May just have been the most undervalued stock in the market when it was under $1.20. and still might be. Since price targets are generally based on 12 months we'll find out next October. If they execute everything on schedule before the Q4 call We should be up 200% plus from the Lows. That's without any other significant news. Now that we have an abundance of partnerships, We could easily get a significant update any day and likely will get at least a few, No pun intended, before the new year. That's a few besides what's already expected. Tick tock! Oops, forgot to mention we are at a one-month high.
Pavlov effect will impact investors as well as shorts. Everyone is conditioned to believe this stock is going to be volatile if not forever the vast majority of the time. Take profits at 5% 10% or take a short position after a 10 or 20% gain. Sooner or later those individuals are going to miss out or lose a bundle. Do you really think the official announcement of building a 400 megawatt manufacturing facility to meet demand is going to bring the share price down. Especially when combined with projects like today and wording like the fourth paragraph?
Perspective! I know people have doubt about execution, But there are many factors influencing execution which will dissipate with time. If they don't do anything but execute the rest of what's on the agenda for 2023, Then they will complete the TIP at Groton, reach full commercial operation with Toyota, which I believe is still waiting for The last political sign off, achieve commercial operation with both Derby projects and achieve commercial operation with the new Trinity project. Of which is another repeat customer. This company never did that much in 2 years, let alone 3 months. Infrastructure money is just starting to kick in.
Get ready folks, The fun begins. We should have all kinds of news rolling in in the coming months and continue for the next couple years. I like the fourth paragraph in particular.
https://s21.q4cdn.com/256256048/files/doc_news/FuelCell-Energy-Low-Carbon-Hydrogen-Project-with-Kinectrics-and-Bruce-Power-Awarded-IESO-Hydrogen-Innovation-Fund-to-Further-Technolo-XZX7B.pdf
Read very carefully and tell me what stands out!
https://www.linkedin.com/posts/activity-7113404847286038529-qZxw?utm_source=share&utm_medium=member_android
https://www.linkedin.com/posts/activity-7119339034253873152-nxOr?utm_source=share&utm_medium=member_android
Few, Toyota post! Nice
https://www.linkedin.com/posts/fuelcell-energy_climateweek-trigen-hydrogen-ugcPost-7110357901587660800-qTgF?utm_source=share&utm_medium=member_android
Trigeneration award!
https://www.linkedin.com/posts/fuelcell-energy_hydrogen-energytransition-fuelcells-ugcPost-7108536818773450753-1xdd?utm_source=share&utm_medium=member_android
Chart & E-On there, 2 partners
https://www.linkedin.com/posts/processcontrolequipmentltd_cghe2024-greenhydrogen-energytransition-activity-7115711112343367681-ah0Z?utm_source=share&utm_medium=member_android
https://www.marketscreener.com/quote/stock/FUELCELL-ENERGY-INC-58195415/news/FuelCell-Energy-Inc-Signs-Long-Term-Service-Agreement-with-Noeul-Green-Energy-and-Gyeonggi-Green-E-44443930/
Enlighten yourself with the CCS white paper if you haven't already! Relevant to Canada & Rotterdam!
https://go.fuelcellenergy.com/hubfs/Carbon%20Capture%20with%20FuelCell%20Energy%20Systems.pdf
Shorts are obviously desperate to try to keep this down. I wouldn't be surprised to see the seeking Alpo self-professed short Henrik write his second article of recent. There's no way any fuel cell stock is going to run without the others trailing. Kudos to Bloom and plug for their progress, and recent good news and developments. Relative to the size of the companies, production rates, revenue and all factors FCE has done just as well over the last year. Don't forget as of 2021, 3 years in a row the revenue averaged under $70M a year. They also had a substantial amount of high interest debt And no access to the Asian market. All high interest debt was paid, regained access to the Asian market, signed a couple of new contracts with repeat customers, signed a couple of contracts with new customers, and gained several new partnerships through MOUs. There's also been several extensions to the JDA with Exxon Mobil which has definitively resulted in doing a project at what is to be the largest carbon capture facility in Europe. We also recently gained access to almost unlimited funds to grow the company without taking on debt and build a 400 megawatt manufacturing facility. They also expanded space and production in Canada for 10x growth of the existing manufacturing facility.
TuNur, MMHE, Chart Ind, SK and today's agreement Are all significant memorandum of understandings. Our new alliance with new scale also has immeasurable potential, with two new projects already. South Korea should result in over $100M over the next 15 or 20 years. And that is likely the smallest of all. The others have immense potential especially with significant goals between 2030 and 2035. We already have several repeat customers and we will have more. When this does approach profitability, profit will grow in double digits for years, And we're not talking 10 or 11%. In fact we could see some triple digit years. By end of 2024, Few naysayers will all be eating crow. In fact they may want to pull an iron maiden now, and run to the hills.
United States Army aggressively moving to install 130 micro grids by 2035! And that's just the Army!
https://endeavor.omeclk.com/portal/wts/ug%5Ec%7C9ehnPm6e%7CqA06jCBEf9%7CgDEfvmvbe83aF0CnngneesjPcEF2PPyPqr%7CCqkBEOtr9ra
And tell me how many different technologies have you heard seen or read about Exxon Mobil utilizing? Maybe I'm ignorant, But the only technology I've ever heard them discuss in detail is using molten carbonate fuel cells. And now we know almost how high profile the trigeneration system is. Toyota project runs on biogas, But it certainly similar the carbon capture technology, same basic concept only blue instead of green. That project is one at least three awards and is as they say the only technology they can do what it does.
Take a good look at these numbers, 1,000 megawatts. 50 megawatts is okay but not big enough to get the price down to build pipelines.
https://www.ajot.com/insights/full/ai-port-of-rotterdam-spearheads-green-hydrogen-complex
$200M grant program for micro grids in California. Accepting bids from communities.
https://www.microgridknowledge.com/community-microgrids/article/33013124/california-utilities-launch-new-microgrid-incentives-for-disadvantaged-communities
This Project just continues to win awards and get recognition.
https://www.linkedin.com/posts/fueling-and-service-technologies-inc-_a-huge-congrats-to-the-fuelcell-energy-team-activity-7110320298566049792-wJSx?utm_source=share&utm_medium=member_android
Navajo Nation project moving forward, combine that with Trinity and the new Award in Ontario working with a different company on Nuclear hydrogen and power. Nuscale 2 projects from 11 + 12 months ago, New contract in SK and several MOUs over the past year. Groton 6MW commercial operation and Toyota now in commercial operation. Derby commercially Operational before end of year. That's far more developments than the company has ever had in multiple years let alone one year. The only thing even close to comparable was the 20 megawatt project they constructed in less than a year. And they had a couple of gross profit quarters as a result. Go back to when they we're actually getting along with Posco, And they had several profitable quarters then too.
September 9, 2023 update, Navajo Nation ready for discussion with NASA & Fuelcell Energy about moving forward with the project!
https://tribalbusinessnews.com/sections/energy/14463-venture-funding-boosts-big-navajo-energy-s-clean-energy-expansion
Bravo to plug power in Andy Marsh. We're not telling people we're hoping to have 20 billion dollars in revenue in 2030, But Mr Few confidently stated, "We believe we have the most efficient electrolysis technology in the world"!
https://www.brucepower.com/2023/10/12/bruce-power-supports-study-exploring-potential-to-produce-hydrogen-through-nuclear/
New project in Ontario Canada!
https://www.linkedin.com/posts/activity-7118687597572280320-lXqO?utm_source=share&utm_medium=member_android
Hydrogen hubs is just the beginning, drawing attention to the fuel cell companies and the hopium of another run. FOMO will kick in and if it doesn't RUN, we have more long term holders. With more paying attention, news will have a greater impact and NEWS is coming. In particular over the next FEW months. Jumping from $70M to $130M Revenue, with projections of more than DOUBLING REVENUE in 2025, less than 3 years, then more than TRIPLING over the next 5 years. Basically going from $70M to $1B in less than 9 years, or, WAIT FOR IT, over 1,400% INCREASE in REVENUE in less than 9 years, with imminent profitability by 2025. By the time profit becomes visible to all, the share price will have increased far greater than 10 FOLD. Because right now, there is no perceived value to the company in the SHARE PRICE. ASSETS & IP alone are worth far more than $1B or about $2.20 a share. So 10X $2.20 ($22) is my CONSERVATIVE target for 2024.
https://www.whitehouse.gov/briefing-room/statements-releases/2023/10/13/biden-harris-administration-announces-regional-clean-hydrogen-hubs-to-drive-clean-manufacturing-and-jobs/
FCE is part of ARCHES!
https://archesh2.org/network/
https://www.linkedin.com/posts/fuelcell-energy_were-exhibiting-at-food-engineering-magazine-activity-7118259212756901888-eHoS?utm_source=share&utm_medium=member_android
Mountain States coalition, New Mexico, Navajo Nation, both made commitment to FCE.
https://www.governor.state.nm.us/2022/02/24/new-mexico-coalition-of-mountain-west-states-sign-mou-to-develop-a-regional-clean-hydrogen-hub/
Previously, New Mexico was going it alone, nice presentation
https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://www.env.nm.gov/wp-content/uploads/2022/01/Defining-and-Envisioning-a-Clean-Hydrogen-Hub-for-NM.pdf&ved=2ahUKEwjThMGgp_GBAxW9EVkFHfDQAREQFnoECB0QAQ&usg=AOvVaw2m_XFgb1DqpAXwGVbhXVV3
Although we know FCE is part of the NE Alliance, thanks to reminder from getbusylivin
https://www.governor.ny.gov/news/governor-hochul-announces-multi-state-agreement-signed-major-hydrogen-ecosystem-partners
Derby 14.8MW physically complete, Fact, adds $15M +/- .5M based on run time & efficiency! should have moderate impact on Q1 Revenue
Sorry, can't add photo but you can do the same as me and Google it.
Dow now down 190, 48 minutes ago it was down 320, that's pretty strong, 130 point swing in less than 50 minutes.
My question emailed to Randolph Wetderings, PORTHOS Director of new business and business development.
Do you know what size molten carbonate fuel cell is going to be installed for carbon capture? Exxonmobil & Fuelcell Energy technology.
Market just started making a strong move let's see what happens
I never believe there was any significant possibility of that, But now I'm 50/50. I don't believe the board would accept anything even close to $20 a share. As I mentioned before Exxon may have actually been involved in shorting so $20 a share would look good. Few and crew want to ride this through. I'm thinking until they get the share price back up over $30, or the company is profitable. I believe the share price reaches $30 prior to being profitable. They may need a profitable quarter, But I'm referencing profitable moving forward. Right now it seems like that would be 2025 or 26. Really depends on how quickly money is distributed. Since full value of revenue will not be recognized until after projects are completed I think we can safely assume 2026 is more likely. Especially since they're still going to be going through expansion, hiring and ramping up production into 2025. Hopefully They complete ramping up in Canada by the end of this year. Has anyone seen an official update on that? Once they start getting orders for carbon capture and or other MCFC, They also need to ramp that, likely and hopefully up to 100 megawatt a year run rate. Total capacity is 200.
Exactly, they try to distract, creat doubt and burry actual facts/news
Shorts bears and swingers made a commitment after this one up over 10% one day they're not going to give up after one day of failure so I expect more pressure today. But as long as we close green it looks good. It'd be awful nice to hold over yesterday's clothes all day but I wouldn't expect it after the action yesterday. If we do close green today and tomorrow then there might be some wise shorts that decide to cut their losses on this one. Tick tock.