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Ballard Power Systems Inc. (BLDP)


NasdaqGM - NasdaqGM Real Time Price. Currency in USD
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2.75+0.06 (+2.23%)
As of 3:28PM EDT. Market open.
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  • Starting RIGHT HERE RIGHT NOW, $PLUG vs $BLDP

    Who wins END of YEAR???
  • WOW A rare Motley Fool Positive Opinion for BLDP

    May 22, 2017

    With all the false starts that Ballard Power Systems Inc. (TSX:BLDP)(NASDAQ:BLDP) has had over the years, I understand how investors can be pretty skeptical about the possibility of the company actually making money off of its revolutionary fuel cell technology. There are different reasons, however, why I believe investors can be optimistic about the future of this company.

    And the market seems to agree for now. The stock has a year-to-date return of 21%, as the company continues to make progress on different fronts.

    Increasing visibility

    The fuel cell market continues to build momentum, as clean air becomes an increasingly important goal for countries across the world. From China to Europe to California, governments are showing more and more interest and activity in fuel cell vehicles. Ballard has been involved through partnerships, joint ventures, and it’s seeing its FCveloCity engines being used to power buses in Beijing and Vancouver.

    And in the cities of Foshan and Yunfu, China, it seems that their fuel cell bus program will be expanded. As a result, Ballard has opened its first operations office there.

    Other markets where Ballard’s fuel cells are relevant are the portable power market (through the Protonex subsidiary in the U.S.) and the automotive industry, where Ballard has been working with different OEM partners.

    The backlog for 2017 is currently at $87 million.

    Improved financials

    In 2016, revenue increased 51% to $85 million, and this puts the $87 million backlog number into context. It’s pretty significant. And moving down the income statement, we can see that gross margins have been improving dramatically, as the company has been working costs down, benefiting from scale and volume, and increasing revenue from its higher-margins businesses. In 2015, the gross margin was 18%, in 2016 it was 28%, and in the last two quarters of the year, it was above 30%.

    In the first quarter of 2017, revenue increased 39%, and the gross margin was 42%. According to management, we can expect this trend to continue as they continue to drive down costs and focus on higher-margin business. And while the company is still reporting losses, the losses are reducing and the opportunities are growing.

    A key component of this story is the fact that the company has maintained a very strong balance sheet, ensuring that it has the flexibility and ability to respond to market conditions. Ballard still has no debt on its balance sheet, and as of the end of the first quarter of 2017, it had $72.6 million in cash, which represented an increase of 81%.

    Lastly, management mentioned M&A as a possibility in the 2017-2018 time frame, and this could be a game changer.

    Is this really the key to 1,000%+ returns?
  • Need for platinum in catalyst is dramatically reduced using new nanotechnology - new catalyst can be mass produced. Requires slight fuel cell design modifications:
    https://www.sciencedaily.com/releases/2017/05/170524084507.htm

    Nanoalloys ten times as effective as pure platinum in fuel cells
    A new type of nanocatalyst can result in the long-awaited commercial breakthrough for fuel cell cars. Research results show that it is possible to significantly reduce the need for platinum, a precious and rare metal, by creating a nanoalloy using a
    www.sciencedaily.com
  • "The FCvelocity®-9SSL fuel cell stack is integrated into Ballard’s FCveloCity® motive module to power transit buses and light rail vehicles. The FCvelocity®-9SSL fuel cell stack is also widely deployed in Plug Power’s line of GenDrive® fuel cell systems for electric lift trucks." -Ballard.com

    This is from Ballards new updated website. Makes me wonder if Ballard is the real winner in Plug Powers Amazon contract.
  • https://www.bloomberg.com/news/articles/2017-05-26/electric-cars-seen-cheaper-than-gasoline-models-within-a-decade

    Pretty Soon Electric Cars Will Cost Less Than Gasoline
    Battery powered cars will soon be cheaper to buy than conventional gasoline ones, offering immediate savings to drivers, new research shows.
    www.bloomberg.com
  • short interest up 1M in the 2 weeks leading up to 15-05-17,
    How's a guy supposed to cover a short sold stock when virtually no one in the community of BLDP share holders will sell.
  • http://www.utilitydive.com/news/updated-tucson-electric-signs-solar-storage-ppa-for-less-than-45kwh/443293/

    Updated: Tucson Electric signs solar + storage PPA for 'less than 4.5¢/kWh'
    While exact prices are confidential, the PPA for the 100 MW of solar and 120 MWh of storage would be less than half the cost of other major solar and battery contracts.
    www.utilitydive.com
  • http://www.ttnews.com/articles/basetemplate.aspx?storyid=46057
    but rather than relying solely on plug-in battery systems, those trucks likely will incorporate other power configurations such as hybrid solutions and hydrogen fuel cells.

    Industry Looks Beyond Batteries to Power Longhaul Electric Tractors | Transport Topics Online
    Technological advances soon could make electric Class 8 tractors feasible for longhaul applications, but rather than relying solely on plug-in battery systems, those trucks likely will incorporate other power configurations such as hybrid solutions a
    www.ttnews.com
  • General Motors’ Fuel Cell Chief Sees Hydrogen’s Future on Land, Sea and in the Air.
    John O'Dell
    May 22, 2017
    Trucking Technology
    https://www.trucks.com/2017/05/22/general-motors-fuel-cell-chief-hydrogen-future/

  • https://www.sciencedaily.com/releases/2017/05/170524140731.htm

    Nanoalloys ten times as effective as pure platinum in fuel cells
    A new type of nanocatalyst can result in the long-awaited commercial breakthrough for fuel cell cars. Research results show that it is possible to significantly reduce the need for platinum, a precious and rare metal, by creating a nanoalloy using a
    www.sciencedaily.com
  • Its amazing how the market makers know how the perfect time to pull a bid off the market, just before someone dumps a pile at the bid????
  • That kind of bet doeant foster co-operation, it promotes competition. Competition against allies. Divide and Conquer, Sun Tzu did it in anciwnt times and Fossil fuels like coal and oil will use it today.
    Every extra year big oil keeps the castle standing makes billions for a small % of people. Big oil will easily fo anything they can to add another decade or 2 to maintaining or increasing profits.

    Divide and Conquer...Ballard and Plug were very close for near a decade....they need to stands togerher. Trust me I promise theres more than big oils scraps to fight over. Theres more than enoigh for 10 Plugs and 10 Ballards, easily.
  • Wonder WHY $PLUG has 50 full time PAID bashers non stop 24/7 on the thread and Ballard has nobody bashing ?????
  • Interesting: Protonex was at Special Operations Forces Industry Conference over the last several days. Drone business is said to have a $100 billion defense market! http://www.foxbusiness.com/features/2017/05/20/small-business-small-drone-100-billion-defense-market-opportunity.html

    Go$$$ Protonex!!

    Small business, small drone - $100 billion defense market opportunity
    The annual four-day Special Operations Forces Industry Conference (SOFIC) - a collaboration between U.S. Special Operations Command (SOCOM) and the National Defense Industry Association – gives companies large and small the chance to get their innova
    www.foxbusiness.com
  • Someone answer a #$%$ question.When an electron runs down from a PV panel and goes in to a battery, is it that electron that is stored in the battery, right?When an electron runs down from a PV panel and is used to crack water, and then the water cracks in to O and H2, is it that electron that is stored on the H2 molecule, or is it an electron that was already in the H20 molecule? And does the O exist in molecular form like the H2 or does it exist in atomic form?
  • remember

    "During our last call, I discussed Broad Ocean's plans to deploy more than 16,000 fuel cell vehicles. Since that time we've had another important development. Our understanding is that the cities of Foshan in Yunfu are in the process of increasing the scope of their fuel cell bus deployment plan.

    As previously announced the program was initially planned to be an aggregate of 300 fuel cell buses in these two cities. Our understanding is that this program is likely to be significantly upsized. We look forward to providing an update on this later in 2017."

    "As expected, CRRC Sifong recently announced it's been formally awarded the contract for the planned deployment of eight hydrogen fuel cell trams for routine developed in Foshan. In our other program, we're also making great progress with CRRC Tanshan we're also starting to market fuel cell power trams in China."

    "We continue to see increased levels of fuel cell activity from major OEMs in the automotive industry and our work with this customer is setting a road map for the integration of Ballard Technology into future generations of that company's fuel cell vehicle platform."

    "The other significant product deliveries that we have visibility on are the MEAs going into the joint venture so we did ship a small amount of about half a million of those in the quarter, but the MEA shipments are very much due towards the second half of the year. "

    "What we do see going forward is opportunity in commercial trucks as well and the use case is particularly where battery technologies have limitations, the use cases for commercial trucks are becoming very pronounced and we're seeing I would say fairly universal global interest now in different trucking applications where fuel cells can play a competitive role."
  • Wow Yahoo finally updated Ballards dilluted EPS...It was (0.13) simce the earning report came out lile 10 days ago....maybe that delay is normal but its nice to see the accurate EPS reflected is all. After all -0.08EPS is better than 0.13 EPS
  • Picture posted by Ballard on Facebook about an hour ago showing a visit from Canadian Ambassador to China along with "Ballard China team" and local partners.

    Hmmm...was there a signing ceremony of some sort????
  • This is why Ballard is a "story stock"..

    Here is the latest PR- And notably, to what some have said here in the past to the contrary, a transmission is beneficial for a EV...

    The fuel cell engine in the Kenworth truck will be used to recharge onboard lithium-ion batteries, which power a dual-rotor electric motor to drive the rear tandem axle through a 4-speed automated transmission.

    https://finance.yahoo.com/news/ballard-partner-kenworth-fuel-cell-041500909.html

    Ballard to Partner with Kenworth on Fuel Cell Truck Validation Program in SoCal Ports
    Ballard to Partner with Kenworth on Fuel Cell Truck Validation Program in SoCal Ports
    finance.yahoo.com