Plug Power Inc (PLUG) 옵션

START THE CLOCK !

Plug is UNDER $1.00 AGAIN !

" Every Plug Rally Fades Within Days ...."

“Trump the president he is not the government”

If he’s not, he’s doing a damn good impression of being the government…trump broke the record for executive orders in the first 100 days…he has signed 142 of them…

He is laying off thousands of Fed employees, shutting down whole agencies, forcing everyone to open their books, stopping funding to many entities, raising tariffs on the whole world etc etc etc…

But you don’t think he’s the government?…maybe he’s not, but he’s sure running it…

“And,if he is not worried about it then he is a bad president.”

Good or bad, right or wrong, he’s doing it…

Hyundai Announces HTWO Energy Savannah, the Industry's First Dual-Energy Hydrogen and Electric Station to Support Heavy-Duty Zero-Emission Vehicles in the Savannah Region
https://www.hyundainews.com/en-us/releases/4437

got some more PLUG

“ I think the federal government will get involved. ”

The trump gov?…the same trump who said “drill baby drill”?…

“ Governments around the world are supporting their hydrogen efforts”

Gov around the world are dumping their support…

“ The US doesn't want to be left behind.”

Trump took on the rest of the world by hammering them with crazy high tariffs…he told them to negotiate or he would beat them down with higher tariffs…

Does that sound like he’s worried about being left behind?

Trump the president he is not the government. And,if he is not worried about it then he is a bad president.

Right on target again !

https://www.msn.com/en-us/news/technology/breakthrough-us-hydro This could be huge for the future of hydrogen.

Steve / Charlie Brown - Right ! This time Lucy won't move the football.

For the past 20 Quarters Earings have been mixed with a 75% chance of the share price falling within days.

Only if hit them or beat, which we never do. It would be nice for a change if they actually under promised and over delivered and did cause a short squeeze, but we always do the opposite. It seems everything they do hurts the longs for the last 4 years. We have been diluted, lied to, had zero transparency, and missed targets by miles. I want to see concrete proof that this has changed, and the culture now cares about profits, like a real business, versus being environmental warriors of a non-profit. I hope these last few years have been as much a reality check for them as for us and that while the environment is important you cannot help it if you are out of business. At least they have possibly temporarily stopped the reverse split for now, but I still see it in the future before and if we become profitable just due to the high number of shares we now have. Profits by 2028? Who knows. I know I thought that is 2020. This would assume things go our way for a change with getting the funds to build out and that assumes we have the demand and still competitive. Yes, and profitable.

140 -180 is for Q2 so 8 weeks to go

Q1 is 130-134 depending on how certain deliveries are accounted for and changes made in reviews (not formal audit of course as it is Q1)

the 140-180 is an increase on 2024

hope we get more detail on the changes made to give confidence in these numbers at the earnings call.

Getting pre-release numbers is actually a good sign IMHO

$PLUG and $BLDP Green Hydrogen Vehicles coming

$PLUG Total Cash (mrq) $205.69M

140-180 is a big difference. You would think they would know a week or so out what the real number is. This just gives fodder to Zack's to slam us down if we are on the low end. Why after all these years missing would these morons just come out with the lower number and show a beat? It makes me wonder if the shorts are controlling these guys like the mob or are they really that dumb? As for the cuts and price increases it looks to me, they are still likely to burn 500 million a year above revenues and eat away at the loan over the course of this year and possible be right back in this situation again in 2026. How do you guys read this? Am I missing something?

PLUG..............................................https://stockcharts.com/h-sc/ui?s=PLUG&p=W&b=5&g=0&id=p86431144783

Plug Power Stock Soars 47% on Stellar Forecasts & $525M Lifeline: Hydrogen Revival Begins?
Apr 28, 2025 Sunlight Xiang

Shares of Plug Power (NASDAQ: PLUG), a leading hydrogen fuel cell company, staged a dramatic rebound during Monday’s trading session, skyrocketing as much as 46.9% intraday before settling at a 28.8% gain by 2:45 p.m. ET. The rally followed the company’s stronger-than-expected preliminary Q1 results and a major financing breakthrough.

According to the latest filings, Plug Power projects Q1 revenue between $130 million and $134 million, surpassing analysts’ consensus estimate of $130.5 million. Notably, net cash usage for the quarter narrowed sharply to $142 million, a significant improvement from $268 million in last year’s first quarter. Management emphasized ongoing cost-cutting measures, targeting $200 million in annualized savings this year.

For Q2, the company forecasts revenue of $140 million to $180 million. Hitting the midpoint would represent an 11.6% year-over-year increase compared to Q2 2024’s $143.4 million, driven by higher hydrogen equipment shipments and strategic pricing adjustments.

To bolster its financial position, Plug Power secured a $525 million credit facility with Yorkville Advisors. Combined with $296 million in unrestricted cash at the end of Q1, the deal strengthens operational flexibility and debt management. Despite a $2.1 billion net loss last year, the firm aims to improve margins through price hikes and cost optimization.

Market analysts highlight that the dual catalysts—upbeat guidance and fresh funding—have eased liquidity concerns and reignited hopes for hydrogen energy’s long-term growth trajectory. Investors now watch closely to see if this surge signals a turning point for the embattled sector.
https://nai500.com/blog/2025/04/plug-power-stock-soars-47-on-stellar-forecasts-525m-lifeline-hydrogen-revival-begins/

I think a more significant takeaway from the better-than-expected Q1 and Q2 2025 results is that Plug Power is no longer subsidizing these revenues, customers are now willing to pay full price for its products. As a result, comparing this year’s revenue to that of previous years is inappropriate, given the significantly different underlying conditions.


“Last year, sales were slower as we worked through price renegotiations with major customers and the transition from PPA to direct sales, that process is now complete and we expect increased deployments this year from both existing and new customers, which will improve our facility utilization and drive positive gross margin.
...
If the program is not tied to profitability or cash generation, Plug will not pursue the program in the near or long term.”

Plug Power (PLUG) Q4 2024 Earnings Call Transcript
By Motley Fool Transcribing – Mar 4, 2025
https://www.fool.com/earnings/call-transcripts/2025/03/04/plug-power-plug-q4-2024-earnings-call-transcript/

Loan Programs Office
Latest News
https://www.energy.gov/lpo/loan-programs-office

Certainly Banger - Plugs toxic financing- Now we know the details of plugs recent life raft which is going to be used to pay off the previous life raft.(debentures). "All secured debentures issued under the Secured Debenture Purchase Agreement will incur interest at a rate of 15% per annum, which interest will increase to 25% per annum upon the occurrence of an Event of Default (as defined in the Secured Debenture Purchase Agreement) for so long as such event remains uncured and unwaived. " 

Jack

please explain your reasoning for it being toxic financing.

Johnny - As the deal details emerge, this looks like Toxic Financing.

Every Plug Rally fades within days.

“ I'd say Toyota is committed.”

I think Toyota management needs to be committed…

“ Most other companies would have given up after five years.”

Most HAVE given up…

“ There's no telling how much they are losing on each Mirai they sell. ”

In the US, I’d say they have lost money on every one they make cause none are selling…and of the ones that were sold, their owners are suing Toyota…lol

“ I think the federal government will get involved. ”

The trump gov?…the same trump who said “drill baby drill”?…

“ Governments around the world are supporting their hydrogen efforts”

Gov around the world are dumping their support…

“ The US doesn't want to be left behind.”

Trump took on the rest of the world by hammering them with crazy high tariffs…he told them to negotiate or he would beat them down with higher tariffs…

Does that sound like he’s worried about being left behind?

Nice day today. Could be the start of a big short squeeze.

I'd say Toyota is committed. Most other companies would have given up after five years. There's no telling how much they are losing on each Mirai they sell.

I think the federal government will get involved. Governments around the world are supporting their hydrogen efforts. The US doesn't want to be left behind.

toyota has been babbling about hydrogen cars since 2013...tons of articles about one Toyota executive or another swearing they were going to build out the infrastructure if only people would first buy the cars which could not be fueled up anywhere...and over a decade later, STILL cant be fueled up anywhere...

now we are going to hear the same crap about trucks...i will say they have a better shot with trucks...but i dont think they are as committed as they claim to be...they are just hoping that the fed gov will spend the money on infrastructure for trucks and cars...and that aint gonna happen...

they are trying to prime the pump to get the money flowing...so far, no good...

For now, at least.

Wrong about your car, but right about Plug.

Well what can I say, you were wrong.

Edit
My days of being an early adopter are gone.

rick - Ironic that I drive the cleaner vehicle.

I figured a pro-hydrogen acolyte would own a hydrogen car regardless.

Asked and answered.
No. The infrastructure for refueling isn't there for me.

That's what makes the Toyota new important. Toyota is investing in the infrastructure.

rick - Do you own a fuel cell car ?
Why Not ?

Who thinks today's news is a clear "BUY" signal ?

Be very careful.

Who Said :

- Every PLUG Rally fades within days ?

- PLUG is a PUMP & DUMP ?

- PLUG is a LOUSY INVESTMENT ?

I think you can't count fuel cell cars out completely.

rick - Speaking of TOYOTA, this is from last week's BIG Asian Auto Show :

“While Toyota is still developing hydrogen fuel cell technology, particularly for commercial vehicles, they have also significantly increased their investment in battery-powered EVs. Toyota is shifting its focus towards EVs, while still acknowledging the potential of hydrogen in specific applications. “

Toyota Expands Commitment to Hydrogen Society with Fleet, Infrastructure and Next-Gen System Debut
https://finance.yahoo.com/news/toyota-expands-commitment-hydrogen-society-160000123.html

To the new hydrogen trucks in the fleet, the company also announced plans for a new hydrogen fueling station to be built on the NAPCC campus, as well as plans to further invest and vertically integrate into the hydrogen ecosystem.

PLUG...$1.04...🥳...Looking for the Gap fill in the .90 range...https://www.globenewswire.com/news-release/2025/04/28/3069106/9619/en/Plug-Power-Signs-525-Million-Secured-Credit-Facility-with-Yorkville-Advisors-and-Reports-Strong-Preliminary-Q1-2025-Results.html

Steve, congratulations again. That's about my pace (9-10 min/mile), but for a significantly shorter distance. The longest I've run is the Army10-Miler in Washington DC, which I've done three times in person, and once time virtually. Always a great race/event: on the Sunday before Columbus Day, in the Fall, so typically quite comfortable temperature wise, almost entirely flat, the atmosphere and scenery is fantastic. The last time I ran it, was in person two years ago. Unfortunately, lately, my knees are giving up on me, so I'll likely not be able to do run it any more.

Thanks. I did a 4:09:02 to qualify at Mt. Charleston outside of Las Vegas last April. It is mostly a downhill type of course and started at 22 degrees, which I like. Boston started at 50, which was a bit warm for me. The people of Boston run a top-notch event and the support in town make you feel special.

Let me check my vision. Are we really up?

UK, thanks.

I am not sure we can get any confirmation about the loan. AFAIK it is confirmed and contactual although as with anything the administration is doing things can change.

I would be looking for a statement about the loan money supposedly already spent and therefore due from the loan provider for the preparation work at Graham Texas.

Also Kiewit are not going to start the building of the plant unless they know the money is secured so any announcement there reinforces the loan situation

I am not expecting the loan to cover any more work this year though and may get limited to just that one plant

UK, how do we get confirmation of DOE loan? What to look for? Is that tied to the GOP Reconciliation Bill (same as for the IRA clean hydrogen Production Tax Credits (PTC)) currently being crafted? Coincidently, I wouldn't necessarily assume that the PTC credits will get revoked, perhaps, we might even get a positive surprise in the form of reduced regulations. Thoughts?

BAD NEWS (for plug shorts). No more dilution, no reverse split, doe loan and even easier 45v rules on deck!

UK, thank you for your insightful feedback, as always. Much appreciated.

This one won't fade. plug has been down so much on expectations cf burn would continue, doe loan would never come and 45v would be killed.

We are in early stage 1. The other 2 will out this over $5.

may be for short term trade. Important line is "no more equity raise in 2025".
Need to see progress on Texas / confirmation of DOE Loan and would be nice to know the commitment they have to be buying hydrogen from Linde/Air liquide (although we still need that for more northern/mid west sites).

Great News.

Every Plug rally fades within days.

Not enough earnings data to know what next week will do.

PLUG...........................................https://stockcharts.com/h-sc/ui?s=PLUG&p=W&b=5&g=0&id=p86431144783

UK, is it time to get back into PLUG?

So looks like Paul might have finally turned up to work

https://www.ir.plugpower.com/press-releases/news-details/2025/Plug-Power-Signs-525-Million-Secured-Credit-Facility-with-Yorkville-Advisors-and-Reports-Strong-Preliminary-Q1-2025-Results/default.aspx

SLINGERLANDS, N.Y., April 28, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions, today announced it has signed a definitive agreement for a secured debt facility and achieved key operational and financial milestones that support its path toward profitability and long-term growth.

Up to $525 Million Yorkville Credit Facility and Retirement of Dilutive Debenture

Plug has signed a definitive agreement for a secured debt facility with Yorkville Advisors providing for the issuance of up to $525 million of secured debentures. The facility includes an initial $210 million tranche, which will be fully funded at the initial closing and additional tranches of up to $315 million. The initial tranche is expected to close on or around May 2, 2025. With the net proceeds from the initial tranche, Plug intends to use approximately $82.5 million to retire the majority of its existing convertible debenture principal outstanding with Yorkville, which has approximately 55 million associated underlying shares given the conversion price and therefore this refinancing will reduce potential dilution.

Preliminary Q1 2025 Results and Strengthened Financial Position

Plug will be reporting its first quarter of 2025 results in early May. Plug expects to report revenue of approximately $130 million to $134 million for the first quarter of 2025. Plug expects second quarter revenue in the range of $140 million to $180 million.

Plug expects net cash usage for Q1 2025 to be approximately $142 million compared to $268 million in Q1 2024. Net cash usage represents the change in unrestricted cash and cash equivalents, less proceeds from public and private offerings, net of transaction costs, and excludes principal payments of convertible instruments. Plug anticipates additional near-term reductions to net cash usage driven by hydrogen plant ramp-ups, additional cost downs, and additional price increases. The net cash usage for the first quarter 2025 could have been lower given the Company has been working with a key customer on a major price change and program enhancement which is effective from January 1, 2025 onwards. The Company agreed to delay first quarter collections to allow time for finalizing the contracts and invoices. The Company finalized the program during the 2nd quarter which positions the Company to drive higher revenue and improved cash flows going forward.

Plug ended March 31, 2025 with approximately $296 million in unrestricted cash. Given the current cash resources, the continued reductions in cash usage by leveraging working capital and reducing capex, the benefits of additional cost reduction initiatives launched in March 2025 that are expected to drive over $200 million of annual cost reductions, and the additional committed financing available under the Yorkville credit facility, the Company believes it has sufficient liquidity to support its growth in the near to mid-term. Plug has no intention of raising additional equity in 2025, underscoring its focus on disciplined capital management.

Louisiana Plant Online

Plug has completed construction of its new 15TPD hydrogen production plant in St. Gabriel, Louisiana. Operated through the Hidrogenii joint venture with Olin Corporation, this facility strengthens Plug’s vertically integrated hydrogen network and will serve anchor customers including Amazon and Walmart.

Realizing Cost Savings

Plug has already taken decisive actions to reduce its operational cost base, implementing changes in Q1 2025 that are expected to drive over $200 million in incremental annualized run-rate savings. These cost cutting measures — largely completed — include organizational realignment and a company-wide focus on manufacturing and supply chain efficiency. The full impact of these cost savings will begin to be reflected in the coming quarters, supporting Plug’s continued margin improvement and progress toward profitability.

“We’ve made the tough decisions and put the structure in place to deliver improved operating leverage and capital efficiency,” said Andy Marsh, CEO of Plug Power. “Between strengthening our balance sheet, scaling hydrogen production, and streamlining operations, we’ve taken the right steps to position Plug for long-term success in the hydrogen economy.”

IGTM, go back and look at all my posts, you'll find out that it wasn't all of a sudden, it was gradual. I posted when I reduced my position and later completely sold out. Again, I've always been totally transparent, and did my best to be balanced, by posting both positive and negative information.