Replies to post #26135 on Plug Power Inc (PLUG)

[uksausage]

One thing iHub is good for is venting frustration.

just re-read their PR for the results and saw this factoid which when you stand back is quite amazing:

Had approximately 9,400 GenDrive units under service contracts and/or PPA as of March 31, 2016, as compared to approximately 5,400 GenDrive units under service contracts and/or PPA as of March 31, 2015;

So effectively doubled their installed base in a year. doubling teh quarterly service revenues and with :
a) better coverage of service personel and
b) a fix on the reliability issue of Ballard stacks (so they can do preventative maintenance under their schedule)

should all bode well for future service revenues and margins (making service close to breakeven?)

we know revenues are going 50% per annum but installed base was close to 100% a year growth!

[aassnnaapp]

$72 Million {NEW} booking in 1st Qtr $275 Million 2016 GENDRIVES ARE FLYING OUT THE DOOR !! these numbers are HUGE ! Somebody is buying Bigtime ! analyst these numbers are real ! 50% YOY Growth we sould be over $3.00 easy by now !! very frustrating !! aNDY JUST START PUTTING OUT SOME NEWS !! shareholder deserve to KNOW ! Quit leaving your shareholders in dark ! give it back to those shorting SCUMBAGS !!