Market's view on Powerhouse Ener
Published on April 2024
- Powerhouse is consolidating its business operations, moving its main office closer to Engsolve Ltd to create a self-contained facility for testing and research.
- Concerns are raised about the need for a licence to produce hydrogen at the new site, given its sensitive location in the middle of an industrial estate.
- Observations are made on a developing bearish head and shoulders pattern in the stock chart, indicating the need for positive news soon.
- Discussion about the trust in leadership, specifically in Paul Emmitt, to steer the company positively.
- Comments on potential re-entry points for investing as the company’s activities are perceived to be regaining momentum.
- Positive expectations are set for the upcoming visit to the new centre and the benefits of the China connection in keeping costs down.
- Accusations are made against certain individuals trying to discredit the company and misinform investors to manipulate stock prices.
- Updates on stock performance, noting a 7.5% increase on Tradegate.
- Information shared about progress in manufacturing the new thermal chamber and a recovery plan following previous setbacks.
- Interest expressed in investing in the National H2 IPO by certain stock watchers.
- Updates on progress with a conglomerate listing and ongoing trust in leadership to advance the company’s interests.