A potential Bonkers Bargain?
An AIM quoted company covered here, with some well-loved homeware brands, looks interesting value following recent share price falls. Elsewhere, a fuel cell pioneer is making progress, although the valuation demands it. Read on to find out more (Free to read)
Fuel cell pioneer is starting to deliver Ceres Power (AIM: CWR), one of AIM’s fuel cell specialists reported a harp increase in revenue for its financial ended 31 December 2021. While the shares have tumbled significant off highs, the still heady £1.4 billion valuation demands proof of progress. However, we would agree with CEO Phil Caldwell’s comments that the recent volatility in energy prices has served to highlight the urgency for energy security, of the sort Ceres can support. Revenue for the year rose 44% to £31.7m with gross profit up 39% to £20.3m, representing a gross margin of 66%.…