Ballard Pwr Sys Inc New (NASDAQ:BLDP)

CAPS Rating: 2 out of 5

The Company is focused on the design, development, manufacture, sale and service of PEM fuel cells for a variety of applications.


Player Avatar BrianRuth (99.26) Submitted: 3/30/2007 3:43:22 AM : Underperform Start Price: $5.64 BLDP Score: +113.40

Looks like it has support at this level, but I'm bearish on fuel cells as a technology. It needs about 5 years to become competitive, and I'm not sure Ballard can last that long.

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Member Avatar chaos1978 (76.74) Submitted: 7/4/2007 4:27:33 AM
Recs: 0

5 years to be competitive... Do you really think they can find a suitable replacement for the Pt-based catalyst by then? Maybe materials science will really jump through the roof in the next five years. Reportedly we also have some elements in the periodical table left to discover.

Here is some food for thought....

There's also a great (math-geek) movie out there discussing how mining for platinum the asteroid belt between Mars & Jupiter is the closest thing to a possibile recourse if everybody on the planet that now drives a gas-car were to want a fuel-cell.

Member Avatar BrianRuth (99.26) Submitted: 7/24/2007 10:45:55 AM
Recs: 0

I haven't really studied the fuel cell industry in-depth beyond what I've read (End of Oil has a chapter on Ballard). Basically, I seem to remember reading (perhaps not in the above listed book) something saying fuel cells aren't yet feasible for mobile applications (i.e. cars) but that they might have applications in fixed environments (i.e. buildings). I also think they sold off their automobile fuel cell division.If I were to put a wager on which ICE replacement technology has the best chance of succeeding, though, I'd have to say electric.

Member Avatar DTBoojum (34.57) Submitted: 8/24/2007 12:12:22 PM
Recs: 1

No, they didn't sell off their automobile fuel cell division, that would be like Walmart selling off its retail division. They sold off the drive-train part, so they will just make the fuel cell part. But the basic point is, they don't even have the technology worked out yet, and if they did, there's no guarantee it would catch on and sell, and even if it did, there's no guarantee that Ballard would be the major player, and even if it was, they might not get much in the way of margins... There are plenty of reasons to be skeptical about Ballard, although of course we should all hope that the technological part works out.

Member Avatar xstyeve (< 20) Submitted: 8/23/2009 8:21:48 AM
Recs: 0

Anyone know about EVII? it is also a fuel cell car company, I learned about it in my hometown newspaper and have been a stock owner for 3 years.

Member Avatar piggy60 (< 20) Submitted: 2/15/2011 2:49:47 PM
Recs: 0

Your 5 years is almost up, what do you have to say now? They just inked a deal to put fuel cells in busses in Europe!

Member Avatar drcurtis78 (< 20) Submitted: 3/17/2012 9:49:06 PM
Recs: 0

Don't forget those cells run off cheap nat gas, too. So....if Ballard, Daimler, and Tesla get a fleet vehicle line in production, get out the way.

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