Market's view on Ceres Power
Published on April 2024
- Observations highlight limited trading volume, hinting at a possible hidden order.
- Enthusiasm shown for potential movement in CWR’s stock price, with expectations for it to push through the 150 mark.
- Explanation provided on the distinctiveness of Ceres’ SOEC technology in a recent company update.
- Ceres is perceived to have significant exposure in the Far East due to partnerships with Weichei, Doosan, and Delta.
- Mention of a stockholder holding substantial investments in other companies, including heavy losses and gains, indicating diverse portfolio management strategies.
- Positive sentiment around hydrogen shares, suggesting sector-specific investor interest.
- Comments reflect expectations of industry reshaping, with potential benefits if competitors adopt Ceres’ technology or exit the market.
- Indications of a potential bottom in CWR’s share price and a positive outlook for upward movement.
- Discussion about CWR’s need to decouple from CellPower Inc. and the Global-X-Hydrogen ETF for better stock performance.
- Analysis of CWR’s long-term investment appeal despite recent price declines, with a focus on upcoming revenue doubling.
- Mention of a partnership with RFC that could synergize with Ceres’ technological capabilities, offering a significant equity stake and an option for further acquisition.
- General market sentiment is mixed, with some believing that Ceres is a risky, “jam tomorrow” stock due to ongoing losses and a subdued enthusiasm for green energy, yet it holds potential for recovery as strategic partnerships mature.