46Gillingham
09 Sep 2016
Arden Guidance Broker Arden Ptns Guidance for the full year Dec2016 Pre-Tax loss £24.4 loss per share 7.7pOOOooch Im now out will keep an eye on Flow over the next few quarters. Board cost far to high c£1m Gaining customers by being the cheapest is this a good idea???Massive cost baseBoilers - Government considering capping number of boilers receiving payments Via FIT scheme massive blow for flow and all the development over the years....
shadow22
08 Sep 2016
Re: RNS - turning the corner? Sounds like we agree almost. You either agree with the company's direction of travel and see potential or you don't and get out. It would seem that investors are perhaps now convinced that a fund raise is not going to happen and the share price is ticking up accordingly.
PIE-EATER
06 Sep 2016
Re: RNS - turning the corner? ShadowYou say there is too much emotional attachment to the boiler.....is that from the company or investors?I for one am attached to the boiler (not emotionally) for one simple reason - that was the game changer for the company in my eyes. It was what separated it from the likes of GOOD, or in fact any energy supplier and was the reason for my initial investment. Effectively, if the boiler situation doesn't stack up then I will probably go. If the situation that brought you into a company changes, shouldn't an investor re-evaluate and move on to other companies where there seem to be better opportunities?All IMHO of courseGLAPE
shadow22
05 Sep 2016
Re: RNS - turning the corner? Energy side profitable 2017. To much emotional attachment to the boiler. Onwards and upwards from here. If 21p is ED's valuation for energy side then 1 million customers is 100p or thereabouts and they do seem confident of that many customers in the medium term.
Global Nomad
05 Sep 2016
Re: RNS - turning the corner? you may well be right, it could be a warning over the marginal feasibility of the model and pre-empting any fall out. Or it could be another opportunity to state the need for the support to those considering the data. Holding at a loss but no sense that the time is right to average down yet.
PIE-EATER
05 Sep 2016
Re: RNS - turning the corner? In todays news, TS saidWithout continuing Feed-in Tariff support at the previously guaranteed level, we will have to carefully review the feasibility and economic business model of our microCHP business. This would be extremely disappointingIs it just me, or does this comment seem like there is an expectation that the consultation document isn't going to give a favourable outcome? IF, that is the case then it is a definite sell, but while there is hope I continue to hold (perhaps naively)PE (feeling far less confident than before this announcement)
Global Nomad
05 Sep 2016
RNS - turning the corner? revenue up, loss up, cash down.Not sure that this is reflective of the company turning the corner though it does seem to be more likely now than previously.
thehog2
31 May 2016
Re: They need to cut costs with this news Interesting times. Late last week I finally got the call advising that:"A member of our Flow Ambassador team will be in contact on or shortly after the week commencing 10th July to get you booked in for a free home survey and, then, hopefully, an installation of the ground-breaking, electricity-generating Flow boiler. " Which would imply that they are or were preparing their second run.Obviously I have no intention of cancelling that appointment and will revert to readers here with any news. In the meanwhile I will try and work out what difference the news really makes to me and others like me, ie large users of both gas and electricity.The Flow boiler will generate about 1/3 of the electricity that I use pa. and at the times it would be running we have some electrical heaters running which would gulp the electricity generated. So micro generation would be used in house and I would use less gas at the same time. I suppose it will all come down to the package offered, which I assume will now be priced differently.I certainly tend to agree that on the face of it Flow should concentrate on both export and their energy supply, but hopefully they would have done this anyway. The plans for a simple, robust and fairly priced boiler coupled to their energy packages may also prove worthwhile.As I will need to be able to vote in the referendum on the 23rd I can't make the AGM in Ipswich on that day. Is there anyone reading here that can attend and pose the relevant questions?TH2
tiggerman1
31 May 2016
Re: Question Re: They need to cut costs with... tThe 20% still stands but I believe that they ( the EU Commission ) have indicated that the figure will be revised back to 5% in due course. They hopefully will not take as long as it took them to stop throwing millions of tons of fish back into the sea ( nearly 10 years ). Flow are also fighting back hard to get the DECC to review their cap on FiTs . That dreadful Remain woman Amber Rudd is behind it all.Is not this what the OUT campaign refers to as EU interference in small business regulation.We have a world class SME here and it should be allowed to flourish.
PIE-EATER
31 May 2016
Cantor maintaining buy note but cut price from 41p to 19P !!!!!
PIE-EATER
31 May 2016
Question Re: They need to cut costs with this news Ok, Government being about as unhelpful as possible with this......but can't recall where we actually got up to with the VAT situation. Is that still under discussion, was the 5% rate confirmed or was the exemption actually lost?If the 5% VAT rate WAS confirmed then the savings already made then the savings already made with respect to that should help to offset this debacle and FLOW is potentially a bit oversold.If 20% was finally settled on, then, as indicated, there is precious little point trying to ramp up production for the UK - the focus now has to be overseas. Domestically this IS an energy company.(Would love to have been a fly on the wall when the directors found out - bet there was skin and hair flying and all sorts of anglo saxon utterances!)PE
Simbrad
31 May 2016
Just pulled this from ResearchTree... Bad news released just before a 3 day weekend is typically about as welcome as a soggy bank-holiday break. That said, any sharp fall in shares can offer good opportunities for risk-tolerant investors prepared to take advantage of any over-reaction.
46Gillingham
31 May 2016
They need to cut costs with this news Flowgroup plc (AIM: FLOW), which provides a range of innovative energy technologies, energy supply and energy services, notes the Department of Energy and Climate Change (DECC) consultation document published yesterday which includes a review of the support for Feed-in-Tariffs (FiT) for mCHP. In August 2015, DECC indicated their continuing support for mCHP, reaffirming the FiT rate and the 30,000 unit limit on eligible installations which may benefit from the FiT. However, whilst this new consultation does not propose to change the FiT rate, it does now propose the introduction of a cap of 1,560 units in 2017, 1,560 units in 2018 and 390 units in 2019Boilers capped at 3510 units till 2020For the next few years this company now looks like an Energy supply business rather than a Smart boiler business.Hope they are going to significantly cut costs NOW......
Eating Grass
30 May 2016
Shame The Feed in Tariff FiT is due to be capped. Breaks the business model. The boiler cannot pay for itself. What a crazy thing for the government to do. Flow will fight this like the fought the VAT battle. At least the directors are well respected and maybe this will be reversed. Seems to me just relying on overseas sales will be a slog. Good luck Flow. With friends like this in government who needs enemies.
alecro
17 May 2016
Re: Results Ups and downs. Down like a stone. Sadly hot stop loss. Revenues look far off and new cash call later likely imho. Summer will be long and market looks bit toppy too with global turby so wI'll watch what winter brings. Good luck to holders.
