Replies to post #53683 on FuelCell Energy Inc (FCEL)

[hopester]

I expected that response. What the writer points out are facts gathered within the financials and the report. These facts stand out and cannot be ignored.
The bottom line is the Expenses, R&D incl, mounted to such heights they contributed to the ongoing losses.
The future payoff for all the expenses incl R&D is unclear and is not considered in the P&L; nor should it be.
What remains is a stock under $3.00 which has a good chance of going lower.
That's what "potential" and "future opportunities" have added up to.

[igotthemojo]

"He specifically avoids future opportunities and their outcomes"

future opportunities may not happen...as has already been discovered...or they will not become what was anticipated...

and the outcomes may be good or bad...in any case they are unknown....not a whole lot of point putting much emphasis on things that may not happen....look at Exxon...Exxon was supposed to have showered fcel with hundreds of millions of dollars years ago...didnt happen...now what do we hear about Exxon?...crickets...the gov welfare money?...not a dime has been seen...it was all the rage for a while...what do we hear now?...crickets...

best to look at the facts...trying to count the money that you COULD recieve in some pollyanna version of the future is a fools errand...

"Gotta spend to make more."

gotta spend it wisely...

"RnD should not be considered ‘losses’ as it pertains to enhancing existing manufacturing capabilities (think scale up) and future product development."

R/D IS about future product development...it is NOT about manufacturing capabilities...in the case of fcel, they are alllowing Exxon to pay much of the cost of R/D but in return, Exxon is getting all that R/D...wonder why Exxon hasnt signed a contract with fcel?...they dont need to...they have no need to buy the cow when they get the milk for free...

"If you’re near term, people are totally welcome to stay out."

a subtle acknowledgement that the ongoing and future dilution is detrimental to existing and potential investors?...

"But this does not paint a picture of bankruptcy or whoa is me attitude that the bears constantly and one sidedly describe."

no one has mentioned BK except for now...BK is out of the question...as long as shareholders are willing to be diluted to smitherines, there will be no need of BK...

"It’s in the growth phase period."

supposedly been there for years...and will be for many years...when will REAL growth actually be SEEN?...

" And the sector as a whole has shown many if not all boats along the same tide."

but thats not how it was supposed to have been, right?...this sector was supposed to have reaped the benefits of being on the cutting edge of alternative energy?...so what happened?...

Exxon happened...for a few pieces of silver, they got what fcel has and now THEY are the cutting edge of alternative energy...and fcel will be scurrying around trying to get Exxon's crumbs...or Exxon will buy them for 5 bucks..or 4...depending...

"RnD and investing in employees in this market is a sign of strength. While others may be laying off, this company is hiring for the current and future activities that are coming."

yes...they have been hiring for quite some time...and are still hiring...and i still dont know what they are all doing besides getting paid plenty with benefits...hiring hundreds of employees BEFORE you have any real need for them may seem like a real smart idea...in some other alternative reality...but in the one we are in, its costing an awful lot of money...

but then, its just dilution money...the company isnt borrowing it or going into debt with anyone...so its ok with them...and apparently shareholders are perfectly happy to have their shares diluted...for some uncertain and unclear possibilities in what can only be described as an uncertain future...given what is going on now with the economy...but hey, its all good...i dont own shares, so im certainly fine with it...

"Can’t deny it imo."

nope...they sure are spending an awful lot of money on an uncertain future...

"this company is hiring for the current and future activities that are coming."

are they?...are they coming?...and if they are, are they coming for fcel?..

its a nice thought...but.......................

[Hoghead7]

Every single successful company takes care of employees and executives. Hence omnibus incentive plan. Share distribution. Taking on debt is a very bad idea for a pre-profit company. They're doing exactly what they need to do in the order it needs to be done. You have to have capacity for orders but not too far in advance. You have to have cash or cash available in order to attract investors and to be able to get projects and customers. They're exactly where they need to be and once the investing public is comfortable with pricing future value like the market usually does, This will go up over 100% without any news. Fuel cells in general have been the black sheep of the energy sector but no longer. Monetary policy has not been present for fuel cell companies and even specifically excluded for a couple of years. That is no longer the case. The company history of delays and problems is mainly typical for a company in this stage of development. They're currently preparing to begin commercial installations. Cash flow won't look impressive until probably 2025, But they don't need impressive cash flow in order for people to see reality. I often refer to Tesla because Tesla obviously took off like a rocket no pun intended, By the time they reached profitability but it started before that. They were still losing massive amounts of money while the share price proceeded to break $100 and never looked back. I'm not comparing the companies I'm paralleling circumstances people misconstrue that all the time. Taking a deep look at the company their partnerships and their projects with all the details combined, No one of saying mind and at least average intellect could not be optimistic about the future of this company. It's simply a matter of time hence my Tick Tock reference. The last two to three years have been completely insane and even though they have increased their share count substantially, share price has never come close to $2 which is where this whole thing started at the time of the election. If not for complications because of COVID, persistent fed rate hikes and fears of recession, Not to mention war in Ukraine, share price would never have dropped below $5 and may have never gone under $10. And just in the past year we've had the bipartisan infrastructure law the IRA our highest revenue quarter and highest revenue year in well over 5 years and Q1 of 23 was a surprise to all even myself. Regaining access to the South Korean and greater Asian market was one of if not the best things that could have happened. We will get at least a couple of significant bits of business from the Asian market this year for certain. We already have good stuff going on in Canada the United States the UK and Asia. We will have some sort of positive update from each location this fiscal year and hopefully one or two very big contracts. Last but not least the plans for a 400 megawatt manufacturing facility in the United States are extremely inspiring to those paying close attention. That discussion didn't start during the conference call, and is obviously related to the proxy request to increase shares. I'm sure Black Rock is well aware of all of these things as well as at least a couple of the other institutions like vanguard.