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Ceres Power Holdings

Q&A with Dr Tom McColm Research Director at Zeus Capital: Ceres Power Holdings plc (LON:CWR)

Zeus Capital Research Director Dr Tom McColm caught up with DirectorsTalk for an exclusive interview to discuss Ceres Power Holdings plc (LON:CWR)


Q1: Tom, can you talk us through this morning’s RNS from Ceres Power?

A1: Yes, sure. Very good RNS from Ceres Power again, what it is effectively telling us is that one of their global OEM partner’s that they’re working with, that clearly wants to stay not in the public domain at the moment, has extended its degree of collaboration with the company. They were working in an area either backup power or automotive and they’ve signed a new development agreement in residential combined heat and power so good news, it’s an existing partner but it’s a new a vertical.


Q2: So, what’s the key take away from this announcement from an investors perspective?

A2: Well, the absolute key take away is that a global OEM working with Ceres in one vertical would not then open up a completely new collaboration in a second vertical if things in the original vertical, that they’re working in, weren’t going extremely well. So, what it means is one of the OEM’s the Ceres is working with is looking very very good in the area that they’re already in, now those areas are data centres, automotive, range extenders and backup station stationary power so one of those areas is going very well.


Q3: What should investors be looking for in the coming 6-12 months from Ceres Power in terms of driving the share price?

A3: More of the same really. Definitely, what we’re looking for is new deals with new OEM partners, they’ve already got 4 or 5, maybe 1 or 2 new global OEM’s coming on board and signing up joint development agreements and good announcements in the existing programmes that they have running. So, commercial announcements with new global OEM’s and positive announcements with the global OEM’s that they have already, like the announcement they had today so that’s what people should look for.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.