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Aandeel Plug Power OTC:PLUG.Q, US72919P2020

  • 3,250 17 mei 2024 22:00
  • -0,180 (-5,25%) Dagrange 3,195 - 3,380
  • 34.984.239 Gem. (3M) 36,4M

Forum Plug Power Inc geopend

4.518 Posts
Pagina: «« 1 ... 201 202 203 204 205 ... 226 »» | Laatste | Omlaag ↓
  1. StayCalmAndAnalyze 10 november 2023 06:20
    - Uitbreiding en bouw nieuwe fabrieken met een jaar uitgesteld van 2024 naar 2025
    - Nieuw kapitaal nodig (geen bank die iets wil lenen met zoveel geldverbranding)
    - Productie waterstof neerwaarts bijgesteld, toch geen 500 ton per dag in 2025

    Nou dacht neem een gecalculeerd gokje maar dit is werklijkwaar het slechtste scenario wat ik dit kwartaal had voorgesteld, dacht die nieuwe fabrieken in Georgia en Louisiana moeten toch een keer gaan produceren, laat er eens goed nieuws zijn. Zie inmiddels 25% omlaag in nabeurs, sterkte iedereen die hier dik inzit. Ik ben volgend jaar weer terug en kijk dan wel weer of dit bedrijf interessant is
  2. forum rang 10 DeZwarteRidder 10 november 2023 09:06
    quote:

    StayCalmAndAnalyze schreef op 10 november 2023 06:20:

    - Uitbreiding en bouw nieuwe fabrieken met een jaar uitgesteld van 2024 naar 2025
    - Nieuw kapitaal nodig (geen bank die iets wil lenen met zoveel geldverbranding)
    - Productie waterstof neerwaarts bijgesteld, toch geen 500 ton per dag in 2025

    Nou dacht neem een gecalculeerd gokje maar dit is werklijkwaar het slechtste scenario wat ik dit kwartaal had voorgesteld, dacht die nieuwe fabrieken in Georgia en Louisiana moeten toch een keer gaan produceren, laat er eens goed nieuws zijn. Zie inmiddels 25% omlaag in nabeurs, sterkte iedereen die hier dik inzit. Ik ben volgend jaar weer terug en kijk dan wel weer of dit bedrijf interessant is
    LOL

    En wie heeft dit scenario al lang geleden op dit forum voorspeld......!!!???

    Inderdaad...........
  3. forum rang 10 DeZwarteRidder 10 november 2023 09:27
    Shares of Plug Power Inc. dropped more than 25% in the after-hours session Thursday after a wider loss and a revenue miss for the fuel-cell company, which said it faced “unprecedented supply challenges.”

    Plug Power PLUG, -1.50% lost $283.5 million, or 47 cents a share, in the third quarter, compared with a loss of $170.8 million, or 30 cents a share, in the year-ago quarter.

    Revenue rose to $199 million, from $189 million a year ago, the company said.

    Analysts polled by FactSet expected Plug Power to report a loss of 31 cents a share on sales of $220 million.

    The year’s financial performance overall “has been negatively impacted by unprecedented supply challenges in the hydrogen network in North America,” Plug Power executives said in a letter to investors.

    The “severe” hydrogen shortages have affected Plug Power’s direct cost of services as well as the timing for implementation of fleet upgrades for its customers.

    And these have been compounded by cost increases from inflation impacts on labor, materials and overhead, the company said.

    “We believe this hydrogen-supply challenge is a transitory issue, especially
    as we expect our Georgia and Tennessee facilities to produce at full capacity by year-end,” it added.

    Plug Power also warned that it will need to tap capital markets to fund its business.

    “The company is pursuing a number of debt capital and project-financing solutions,” including corporate debt, loan programs through the Department of Energy, and a memorandum of understanding with green-energy company Fortescue, in which Fortescue would have a 40% equity stake in Plug’s Texas hydrogen plant and for Plug to take up to a 25%
    equity stake in a Fortescue’s hydrogen plant.

    Plug Power also pushed out plant timelines, saying that most plants are now expected to reach full production in 2025, not 2024, and pulled its 2023 revenue guidance.

    Shares of Plug Power have lost 52% so far this year, contrasting with gains of around 13% for the S&P 500 index SPX.
  4. forum rang 10 DeZwarteRidder 10 november 2023 12:59
    quote:

    Saibee schreef op 10 november 2023 12:53:

    Vallende messen kunnen interessant zijn maar Plug Power laat ik aan me voorbij gaan; te riskant.
    Seeking Alpha: seekingalpha.com/article/4650157-plug...
    Plug Power: On The Verge Of Failure - Sell
    Nov. 09, 2023 10:37 PM ETPlug Power Inc. (PLUG)NKLA9 Comments

    Henrik Alex
    Investing Group Leader
    Summary

    Plug Power reports abysmal quarterly results with revenue missing consensus expectations by a mile and consolidated gross margin deteriorating to new all-time lows.

    Product gross margins turned negative for the first time in many years while unfavorable service contracts with key customers required an additional $41.6 million loss accrual.

    Free cash flow was negative $410.4 million with remaining liquidity deteriorating to $569.8 million. The issue required the company to include going concern language in the 10-Q.

    PLUG is likely to miss recently reduced full-year guidance by a mile again. In addition, management might be required to revise the company's ambitious long-term targets on the business update call in late January.

    Given the current business headwinds in combination with a number of very negative near-term catalysts and the likely requirement to issue additional equity or equity-linked securities, investors should consider selling existing positions and moving on.

    Note:

    I have covered Plug Power Inc. (NASDAQ:PLUG) previously, so investors should view this as an update to my earlier articles on the company.

    After the close of Wednesday's regular session, Plug Power reported another set of abysmal quarterly results with revenue missing consensus expectations by a mile and margins deteriorating to new all-time lows:

    Business Mix

    Regulatory Filings

    Revenues of $198.7 million were down by almost 25% sequentially with consolidated gross margin cratering to negative 68.1%.

    Margins

    Regulatory Filings

    Please note that numbers have been adjusted for warrant charges. Under US-GAAP, consolidated gross margin was negative 69.4%.
    Material Handling - Unmitigated Disaster Continues

    Sales of fuel cell systems and hydrogen infrastructure were cut in half on a sequential basis with product margins turning negative due to "ramp up of costs on new product offerings for high power stationary units and electrolyzers as well as changes in customer mix" as outlined in the company's quarterly report on form 10-Q.

    In addition, Plug Power recorded a $18.7 million inventory adjustment due to "losses on new product offerings".

    In the shareholder letter, management blamed nationwide hydrogen shortages as the reason behind delayed deployment schedules and the company not executing on certain reliability improvement initiatives:

    The unprecedented number of hydrogen facilities in the market running below nameplate capacity has caused significant hydrogen shortages impacting deployment schedules, fuel prices, system efficiencies, service on hydrogen infrastructures, and timing of varied reliability program rollouts. (...)

    Service costs have been affected as hydrogen disruptions have delayed the roll out of upgrades at both new and existing customer sites.

    These factors have been compounded by certain cost increases from inflation impacts on labor, materials and overhead.

    Upgrades in the field also take a period of time to create meaningful cost improvements, as aging units in the field continue to require additional service. In the interim, given the impact on service and near-term cost projections, we have recorded additional service loss accrual for open contracts.

    While other segments like services, leasing and hydrogen fueling showed sequential improvement, consolidated gross margin was impacted by a massive $41.6 million loss accrual for unprofitable service contracts with key customers.

    On the conference call, management warned of additional increases to the accrual going forward.
  5. forum rang 10 voda 10 november 2023 13:12
    Groter verlies voor Plug Power

    Ervaart onvoorziene leveringsproblemen.

    (ABM FN-Dow Jones) Plug Power heeft over het derde kwartaal meer omzet, maar ook een groter operationeel verlies gerealiseerd en waarschuwde voor leveringsproblemen. Dit bleek donderdagavond laat uit cijfers van de Amerikaanse waterstofspecialist.

    De omzet steeg op jaarbasis van 188,6 miljoen naar 198,7 miljoen dollar, maar het operationeel verlies nam toe van 159,7 naar bijna 274 miljoen dollar. Daar bleef een nettoverlies van 283,5 miljoen dollar over na een verlies van 170,8 miljoen dollar over het derde kwartaal van 2022.

    Het bedrijf waarschuwde voor onvoorziene problemen in de levering van waterstof in Noord-Amerika.

    Plug Power maakte in de elektronische handel voorbeurs een koersval van 32,4 procent.

    Door: ABM Financial News.

    info@abmfn.nl

    Redactie: +31(0)20 26 28 999
  6. forum rang 7 Kaviaar 10 november 2023 14:22
    Wij zijn van mening dat deze uitdaging op het gebied van de waterstofvoorziening vooral een tijdelijke kwestie is
    omdat we verwachten dat onze faciliteiten in Georgia en Tennessee op volle capaciteit zullen produceren
    tegen het einde van het jaar.

    s29.q4cdn.com/600973483/files/doc_fin...
  7. forum rang 10 DeZwarteRidder 10 november 2023 14:26
    quote:

    Kaviaar schreef op 10 november 2023 14:22:

    Wij zijn van mening dat deze uitdaging op het gebied van de waterstofvoorziening vooral een tijdelijke kwestie is
    omdat we verwachten dat onze faciliteiten in Georgia en Tennessee op volle capaciteit zullen produceren
    tegen het einde van het jaar.

    s29.q4cdn.com/600973483/files/doc_fin...
    Dit zijn de gebruikelijke leugens van een stel bedriegers die de baas zijn van Plug.
  8. forum rang 10 DeZwarteRidder 10 november 2023 14:40
    In light of the Company's projected capital expenditure and operating requirements under its current business plan, the Company is projecting that its existing cash and available for sale and equity securities will not be sufficient to fund its operations through the next twelve months from the date of issuance of this Quarterly Report on Form 10-Q. These conditions and events raise substantial doubt about the Company's ability to continue as a going concern.

    To alleviate the conditions and events that raise substantial doubt about the Company's ability to continue as a going concern, management is currently evaluating several different options to enhance the Company's liquidity position, including the sale of securities, incurrence of debt or other financing alternatives. The Company's plan includes various financing solutions from third parties with a particular focus on corporate level debt solutions, investment tax credit related project financings and loan guarantee programs, and/or large scale hydrogen generation infrastructure project financing. (...)

    Despite the imperative of raising a material amount of new capital over the next few months, management had nothing tangible to offer on the conference call other than the company still pursuing a wide range of potential solutions.

    Considering the dismal state of Plug Power's operations and the eye-watering rate of cash usage, the company is likely experiencing difficulties in accessing the corporate debt markets in a sufficient manner.

    However, Plug Power might still manage to issue a substantial amount of convertible debt and/or enter into a massive at-the-market equity distribution facility with leading investment banks very similar to Nikola Corporation (NKLA).
4.518 Posts
Pagina: «« 1 ... 201 202 203 204 205 ... 226 »» | Laatste |Omhoog ↑

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