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PHE

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  • When  I read   jimpwarsop's   post I thought he was day trading and wrote a cautionary post, which I have just deleted,  as I now believe his recent success will cause him to read more about the company and he will  then be in a better position to make a decision regarding this investment,


  • Old_Lifer said:
    When  I read   jimpwarsop's   post I thought he was day trading and wrote a cautionary post, which I have just deleted,  as I now believe his recent success will cause him to read more about the company and he will  then be in a better position to make a decision regarding this investment,


    Lol,@ daytrader.
    My fault is holding too long.  So I'll probably hold until takeover or de-listing.

    43%  up now.

  • Shedman
    Shedman Posts: 1,573 Forumite
    Tenth Anniversary 1,000 Posts Photogenic Name Dropper
    Shedman said:
    Well I bought into this donkeys years ago (about 2010) when it was known as Bidtimes which then bought PHE in a reverse takeover.  PHE was supposed to the next big thing and have been promising that they are on the verge of commercialisation ever since!     

    Old-Lifer obviously got in right at or near the bottom and has done well.  I hope he's right about longer term prospects although I'm not convinced but hang on in hope (as it's not really worth selling the pittance I still hold).  This was one of my newbie mistakes . Anyway only need it to go up 10 fold from current price and I might even break even  :'(

    You could make a good profit with PHE but it's still very speculative in my view and there are better penny shares out there in the same green/future energy sector that I reckon have better prospects and that are closer to commercialisation/profitability than PHE.
    Well after the last couple of days strange (but good) goings on with PHE I now only need the price to quadruple from here to breakeven 😂.  
    Shame I wasn't brave enough to put a bit more in recently (but at least I've got EQT to compensate)



  • I think the waste to energy sector is now playing catchup with the likes of ITM  (up 2000% in the last couple of years) as people realize the desirability of dealing with waste in an environmentally  friendly way which avoids pollution  and which also  saves on landfill taxes  and also provides 'free' energy .     In a way,  talking 'rubbish' has suddenly become fashionable.

    I  would expect profit-taking to lead in the short term  to a lower share price  for both PHE and EQT before (hopefully) actual news results in a continued upward movement.   I will continue to hold shares in both companies.
  • Old_Lifer said:
    I think the waste to energy sector is now playing catchup with the likes of ITM  (up 2000% in the last couple of years) as people realize the desirability of dealing with waste in an environmentally  friendly way which avoids pollution  and which also  saves on landfill taxes  and also provides 'free' energy .     In a way,  talking 'rubbish' has suddenly become fashionable.

    I  would expect profit-taking to lead in the short term  to a lower share price  for both PHE and EQT before (hopefully) actual news results in a continued upward movement.   I will continue to hold shares in both companies.
    Waste to energy is a very niche market, and high risk. In theory it sounds fine but you are talking >£100 million each and so the return periods are necessarily really long. This effectively means that contracts commit burning rubbish for several decades, so not very green in the longer term. There are famous cases of buying in material to keep them running (Isle of Man) and importing large amounts of wood from Canada as a feedstock as well. Several smaller firms have gone bust, over the last decade or more as the fuel isn't there.  
  • PHE and EQT do not burn rubbish.   Wood is not part of the process.    Without wishing to be unkind,  your  post indicates that you have no knowledge of either company
  • Old_Lifer said:
    PHE and EQT do not burn rubbish.   Wood is not part of the process.    Without wishing to be unkind,  your  post indicates that you have no knowledge of either company
    In which case it's not waste to energy, gasification is a different process, as is pyrolysis etc. You need to get your terminology correct. All of these are very expensive processes that rely on subsidies in combination with taxes to operate profitably, of course many people will punt money up in the hope of course. 
  • You have only to look at the bottom of an RNS from these companies to see that both companies describe themselves as turning waste into  energy in the form of syngas (hydrogen).    I believe EQT uses  about 50 different types of waste whereas  PHE concentrates on  plastic and shredded tyre waste.  

    What   subsidies ?  What taxes ?     Avoiding landfill tax saves  money.   And with clean energy too  !!

    I have for the last few years been monitoring the progress of these companies  and check on them daily and have gradually built-up a sizeable holding in both companies.   Your further post above simply confirms to me that you have no knowledge of either company.


  • NottinghamKnight
    NottinghamKnight Posts: 1,083 Forumite
    1,000 Posts Name Dropper
    edited 23 December 2020 at 9:17AM
    Old_Lifer said:
    You have only to look at the bottom of an RNS from these companies to see that both companies describe themselves as turning waste into  energy in the form of syngas (hydrogen).    I believe EQT uses  about 50 different types of waste whereas  PHE concentrates on  plastic and shredded tyre waste.  

    What   subsidies ?  What taxes ?     Avoiding landfill tax saves  money.   And with clean energy too  !!

    I have for the last few years been monitoring the progress of these companies  and check on them daily and have gradually built-up a sizeable holding in both companies.   Your further post above simply confirms to me that you have no knowledge of either company.


    I don't know these companies but I know the industry, which you patently do not. These boards have become very motley fool like, you punt a few grand in a niche sector and you may make a bit or lose it all, no impact to me. The syngas technique has been around for decades, scaleability is an issue certainly to make it commercially worthwhile, from separation and processing of waste streams to the removal of the final waste product (yes, it doesn't actually get rid of it all, eg metal from shredded tyres, carbon from organics etc). It would be nice to have a sensible debate with someone with relevant knowledge but you appear happy so I'll leave it there, as noted above many of these technologies exist but are not commercially viable. If you think this is clean energy then you are sadly mistaken, far higher carbon footprint then landfilll (yes gas generation is a big factor there too if you cared to do your research). 
  • The world has moved on since the early days.   Nowadays  PHE's process produces no toxins  and if I understand  correctly at the end of the process   all that is left is inert white powder.

    Forum members will no doubt read about both companies and will be able to decide for themselves whether  they believe your posts or the information issued  in the RNS's of the companies concerned.
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