Fuel Tech, Inc. (NASDAQ:FTEK)

Closed and re-opened to more accurately reflect my actual starting price for a longer term hold.

first Q 2012 rev. $25.2M 11% increase over 2011 Net income for first Q $1.5M 6 cents diluted share vice president bought 6,000 shares price 3.59 the stock increaded 14.12%scince

Just a matter of time

Combined Cycle Power Plants are the future, in the next few years several Coal fired power plants are already destined to be shut down and new plant construction of natural gas persuasion.

signal

Whether or not the administrations coal wars succeed this is the technology of the future.

Financials and growth prospects look good

Speculative pick here with a decent balance sheet. I own a few shares in MRLP.

FTEK has been beaten badly, but its hung in there over the last 5 months averaging $6. There is a ton of potential in Asia being led by M. Linda Lin PHd. I love FTEK at 6 and build my position on any dips into the 5's. Expect China orders to materialize Q1-Q2 2011. Price Range 8-10$

I hate green companies. These hippies make money off of their anti-capitalist dooms day theories. Having said that, the socialists currently in power are willing to strip citizens of their rights in order to promote their green agenda and this stock can profit handsomely.

Curbing emissions will continue to gain traction as a worldwide priority and green technologies will take a while to develop and proliferate. FTEK can help bridge the gap by improving stack emissions NOW. The inconsistent financials are worrisome but I believe this stock will outperform over the long haul.

Green company. Wind power & Bio-diesel are key to long-term economic health of the nation. Near 52 week low, High All star Outperform ratio. Imo this stock will be bouncing back up soon.

There is always a need for more efficient fuel consumption and FTEK supplies not only additives that help but also produces burners that do, too. Oil price rises always help FTEK and the rises will be coming.

Regulatory clarity is finally coming around for this company. Current price reflects everything will go wrong. Many things are set to start going right. Including new CEO will be hired soon, improving economy means more electric demand, tougher clean air regulations.

I feel this is speculative, because Fuel-Tech's fortune depends so much on government actions in the US and China. I have been burned before, when CAIR was struck down, but I still believe that Fuel Tech has one of the best solutions for NOX and a good business model to monetize that solution.

Although it's never good to see a CEO leave, particularly shortly after the CFO, it is good to know the board has a backbone. I don't think this mgmt change will be the prime mover, though. Again, it gets back to the governments.

In the US, the EPA is due to make its revised CAIR regulation in April. Also pending in the senate is pending environmental legistlation, currently with a cap-and-trade mechanism. Interestingly, FTEk was asked about the relative impacts of these two items in the last conf call. Although both are good, as they bring clarity to regulation, it will be moderately better for FTEK to have cap-and-trade fail. This is because the EPA regulations will then apply to each generating unit, rather than corporate-wide output. I'm surprised how vigorously the petroleum industry is opposing cap-and-trade, if this is true. It seems they are going for an all-or-nothing shot. Given the choice of good or better, I think we can come out of the wilderness. Although I have no faith that the Senate can get something done, I don't think we'll have a situation where they could override a veto, either, if they tried to block EPA.

In China, we have the next 5-year plan coming into effect next year. This specifies solutions right up FTEK's ally, and there's no Senate fillibuster to get in the way. Of course, FTEK will have to worry about protecting their ip, but the pool will get much bigger.

So the demand will be there. Now that credit is loosening up somewhat, and the global economy is lifting, the utilities should also have the means to make capital investments. With oil headed toward $90 with summer still coming, cheap coal will also look better.

These seem like a lot of positives to go with. This is a long-term call, though, as we could easily have another year or two of volatility to contend with.

i said so

Their contracts with China will have a high impact on the balance sheet.
My report on ENER was a mistake.

may have a little further to drop, but wold rather be in here than risk its pop upward

Great industry - could be very big in the future and a good buyout candidate by bigger companies like GE. PE is a bit insane but it's a small company and worth a nibble.