My concern is that the company will run out of money before they are able to obtain these 'anticipated' contracts, and the stock share price sinks further.
Hi Ptboat. I believe that the information about a, 'large company' is not confirmed. It may be a small company no one has heard about. I don't know who they are, by the way. It's just speculation. I am so upset that when I bought shares at $20 it's now less than half of that. How disappointing. I'm hoping that we will be cash flow positive by this conference call. They did say something like more than $200 million in deals were real possibilities based on that slide.
If that were true, I'd be so bummed out. I'd like the idea of a flat bed and shower on board for these long flights with sumptuous meals....unless you fly some of the most crummy airlines.
1 hour make the whole world some much more connected! Now that would be fun. Imagine, going to Europe/ Hawaii or Asia for the weekend. That would be crazy fun.
todays press release may be the most important press release in the companies history.....we may have made it, survived, and thus be cash flow positive for the first time in the companies history. I think it depends upon the cash payout to the company from this deal. It is starting to happen as our CEO has laid it out (see slide on last presentation showing income stream). I hope the company will issue some notification or elaborate when this happens. Maybe it will be noted in the next conference call. I hope it has happened, and that the company will start earning money like we all had hoped and prayed for. As a foolish investor many years ago, I was allured to the idea of the hydrogen fuel cell and sunk money into this speculative investment when I should have purchased some boringly predictive company (like the other stocks I own-- home depot, Berkshire Hathaway, mastercard-- but this is the company I have sunk much far to much money and I'm praying for some kind of return. Having weathered a 25 for 1 reverse split, it's a long climb back to break-even, but now it's at least possible.
Not sure what happened to Pierre Rivard and his other company, but our CEO and co-founder have set us on a course to profitability, and for this I am grateful. We could have lost everything, but now we have charted our course, and destiny.
Todays article (I'm posting most of it, but not the entirety of the article). Hydrogenics and Alstom Sign Agreement to Develop and Commercialize Hydrogen-Powered Commuter Trains in Europe
May 27, 2015 6:30 AM
GLADBECK, Germany, May 27, 2015 (GLOBE NEWSWIRE) -- Hydrogenics Corporation (HYGS) (HYG.TO) ("Hydrogenics" or "the Company"), a leading developer and manufacturer of hydrogen generation and hydrogen-based power modules, today announced that it has signed a 10 year exclusive agreement to supply Alstom Transport with hydrogen fuel cell systems for Regional Commuter Trains in Europe. Alstom Transport is a unit of Alstom, a France-based global leader in power generation, transmission and rail infrastructure with sales of EURO6.2 billion for the year ended March 31, 2015.
The agreement, valued at over EURO50 million, includes the supply of at least 200 engine systems along with service and maintenance as necessary over a 10 year period. Hydrogenics was selected by Alstom following a rigorous technical review process. The fuel cell systems, based on the Company's Heavy-Duty HD series fuel cells, will be developed to meet European train compliance regulations. The first units are expected to be delivered in 2016 following prototype work slated for late 2015.
Fantastic news. Perhaps we will now be cash flow positive. I guess it depends upon how much we get up front. Looks like HYGS is up on a flat trading day.
Interesting question. Although I cannot answer this question, but I know that Joe Carnelli , co-founder of HYGS, does know. If you call him to find out, please let us know. Good post. Thanks.
Thanks longfcell for your thoughts. It seems that when they announce these sell offs our share price sinks. Do you anticipate this trend will continue?
They sold over 19K shares today. I'm sure our share price would have been higher had they not sold. I don't know why they are selling these shares. I'm sure it's not for a lack of faith in our products, but the reason(s) for the sales are not clear to me. Can someone offer an explaination?
And what is the track record of this Roth group? Consider this: they cannot predict adoption rates and when the contracts will arrive. It seems that their press releases with their predictions of the future are worthless.
Does anyone know what their track record is for predicting the future for HYGS stock price? Didn't they predict $20 earlier? I hope no serious investor puts their faith in their predictions. At present, there are no real earnings as the company has not made a penny to date. Of course, we are hoping for a big turn around, this year after last years disappointment. It seems we are poised to change the course of that history and become profitable. $50 M over 10 years is a great start. It appears that more contracts (per Daryl Wilson's shareholder conference call slides) are on their way. This is what gives me confidence. The CEO is delivering results which is far more valuable than anyone elses prognostications.