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PYC having a good run today . Think there was some online webinar they ran which seems to have impressed listeners.
 
CPX trying to poke its head above the 50 day Moving Average line. They promised some news for 'mid 2014' and given that it could be very long awaited news on volume contracts for their supercapacitors it really could be transformational. Results soon and a bit of a worry they may need to raise money again soon but last placing was at 5.5p and Management last options awarded at 8p ?

[EDIT : Quick check reveals options were awarded at 8.5p]

http://www.investegate.co.uk/cap-xx-limited--cpx-/rns/granting-of-share-options/201310141240584353Q/
 
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CPX Been bullish on it so long even doubting myself but it has a current Mkt Cap of about £4m. I think they have spent something of the order of $50-100m investing in the technology over the last couple of decades. Intel were an early VC investor. One of their major competitors/benchmarks is Maxwell Technologies a Nasdaq listed company with Mkt Cap of $500m. And the newsflow around supercapacitors as being revolutionary solution for our mobile world (smartphones/electric cars etc) seems to grow on almost daily basis :-

http://www.newsnow.co.uk/h/?searchheadlines=1&search=supercapacitor
 
Many Lenigas plays been active recently e.g. REM and LGO

I think the UK onshore Horse Hill posse (UKOG,DOR,STG,SOLO) could be next. The firm NASD:MPET which farmed out that play is doing a presentation in London next week so might focus on that drill spud due for July.

http://www.einnews.com/pr_news/2079...resent-at-enercom-s-london-oil-gas-conference

Magellan Petroleum Corporation ("Magellan" or the "Company") (NASDAQ: MPET) announced today that the Company will be presenting at EnerCom's London Oil & Gas Conference™ 6 to be held in London at the Cavendish London hotel on June 10-11, 2014.

Antoine Lafargue, Chief Financial Officer, is scheduled to present at approximately 2:00 PM BST (7:00 AM MDT) on Tuesday, June 10. Presentation materials will be available in the Investor Relations section of the Company's website at www.magellanpetroleum.com.
 
CPX - seems to be moving up on pretty small volume right now

The website looks to not have been updated for months (last PR news was May 2013 if you look at bottom right http://www.cap-xx.com/ ) That to me smells a bit funny. Maybe they are in such confidential high level discussions with major customers they have requested a news blackout ?

Furthermore I was surprised to see how tightly held the stock is... http://www.cap-xx.com/investors/investors.php

Management and Major Shareholders appear to hold almost 90%.

the March Interim Results mentioned potential near term newsflow potential

Interest from the Automotive market segment in larger supercapacitors continues to progress, with many potential licensees undertaking testing to confirm product performance and conducting demonstrations with third parties. Discussions are continuing with a number of parties. The CAP-XX offering is becoming widely known within these markets and the Company continues to receive requests for meetings and demonstrations latterly from the US, Europe and India. The Board remain confident that at least one licensing deal will be in place by mid 2014.

The development cycle of the SMD has reached the stage whereby the Company has announced that prototypes of the new device are available for testing by potential licensees. Since this announcement in early January, expressions of interest have already been received from companies in Japan, Korea and the US. Face to face meetings are currently being scheduled in coming months.
 
XTR - back down again, I thought last weeks rise,would have been followed-up with news from Jan Nelson.
 
CPX

That is a very very good RNS from CPX

Short term resolved profit warning but confirmed Auto deal soon.

The Profit warning relates to their current small scale test production. The long term massive blue sky potential is for volume automarket where the market leader MXWL is valued at $500m versus CPX just £4m

Chart is setting up nicely in between the 50 and 200 day MA so once they announce that Auto deal it is off to races time.

Last placing in which Management participated 5.5p
Options set at 8.5p
 
Question- are shares classed as taxable income? (UK).

For example, I have joined a share scheme at work. I will be selling them in Nov & will be receiving a lump sum.
 
CPX seems like a complete no brainer to buy CPX now.

Management also in that statement confirmed from my reading of it that there is no further funding/dilution risk

Normal production volumes for a mass market car are about 50k I think. The Cap-XX supercapacitor module costs of the order of $300 I think so potential revenues are substantial just from one contract win with one car maker. Reality is that once one car maker signs up it should open the floodgates to other models in their range and other automakers to sign up.

CPX is a great nanotechnology / carbon nanotubes / potential 'graphene' hype superstock in the making just has not been marketed at all by Management after their earlier failures to get into Nokia phones c. 2006-8

But you don't get a multi-billion capacitor specialist like Murata (which supplies into iphones) buying into your tech unless you have something really special
 
in_cutter said:
Question- are shares classed as taxable income? (UK).

For example, I have joined a share scheme at work. I will be selling them in Nov & will be receiving a lump sum.
Click to expand...

Any profit on shares is taxable under capital gains tax. The good news is that every person has tax-free exemption every year (2014/5 £11,000).
 
s28 said:
CPX seems like a complete no brainer to buy CPX now.

Management also in that statement confirmed from my reading of it that there is no further funding/dilution risk

Normal production volumes for a mass market car are about 50k I think. The Cap-XX supercapacitor module costs of the order of $300 I think so potential revenues are substantial just from one contract win with one car maker. Reality is that once one car maker signs up it should open the floodgates to other models in their range and other automakers to sign up.

CPX is a great nanotechnology / carbon nanotubes / potential 'graphene' hype superstock in the making just has not been marketed at all by Management after their earlier failures to get into Nokia phones c. 2006-8

But you don't get a multi-billion capacitor specialist like Murata (which supplies into iphones) buying into your tech unless you have something really special
Click to expand...

Agreed s28. The only problem I see with this is that car companies (and other large manufacturers) are very conservative when it comes to adopting new technology. The best technology/product doesnt always win!

Getting a market leader on board, early, is key to success.
 
True AIM is a graveyard of promising 'no brainer' automotive tech companies
e.g. SCE Surface Transforms carbon brakes
e.g TRK Torotrak infinitely variable transmission
e.g. TRT Transense tyre sensors ?

What gives me more faith about the CPX product is that it is already being adopted in Production vehicles (Maxwell have loads of Bus company/Train customers - Weight is not an issue with these. In cars weight is an issue but they are still in a Peuguot with Tier 1 system company Continental) CPX product is meant to have twice the energy density of the MXWL product so the weight saving should mean that a cheap fuel saving gizmo can slot into a car and provide performance and economic benefits. With emergence of likes of Tesla and Hydrogen fuel cell vehicles it is a load of newer tech platform auto companies who will be more receptive to newer non-standard suppliers. Tesla ceo/guru Elon Musk did his Phd on Supercapacitors ! It all fits perfectly.

CPX came at things from very light small form factor mobile phones so it is easier for them to scale up than for MXWL to scale down.

It is like Intel vs ARM. Intel was the monopoly in PC market but they didn't see ARM coming and ARM tookover in phones/smartphones/tablets etc as Intel couldn't scale down as well as ARM could scale up from a blank sheet of paper.
 
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UKOG had a placing at 0.3 and now at 0.9 so looks like smart money moving into STG which looks relatively better value
 
CPX

This youtube video shows some guy replace his battery with supercaps (Maxwell ones). He's done some similar updates since.

<iframe width="560" height="315" src="//www.youtube.com/embed/z3x_kYq3mHM" frameborder="0" allowfullscreen></iframe>
 
GCM up today on an RNS about some OECD report.

The OECD report in and of itself is irrelevant. It came about because some one man band environmentalist lobbyist complained about GCM even though they don't do any mining !

However what is interesting is that the new Malaysian Management are going to use the 'news' to be a bit more promotional it seems which is a good sign of a more proactive stance.

At the same time there are local press reports suggesting local people / elected representatives/ Business leaders are calling for coal to be mined at Phulbari.

The chart has formed a big basing pattern and I think a golden cross recently so the change in sentiment is all very positive.

Ultimately valuing a binary option which could be worth 0 or 1000p at only 20p is nuts and there is no telling when whoever is PM of Bangladesh now or in the future will give the go ahead.
 
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GCM chart

s28 said:
big.chart
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STG looks pick of the bunch right now taking fundamentals and chart into account
 
61K buy late on in SOLO, would that mean anything, normally seen big buys late on in the day, but price does not move up the next day
 
June 23, 2014, 7:17 a.m. EDT

IDTechEx: Supercapacitors can Destroy the Lithium-ion Battery Market


CAMBRIDGE, England, Jun 23, 2014 (BUSINESS WIRE) -- As tracked by market research company IDTechEx and further explained in the recently updated report “Electrochemical Double Layer Capacitors: Supercapacitors 2014-2024” www.IDTechEx.com/edlc , supercapacitors are improving faster than lithium-ion batteries in most respects. A gradual increase in the supercapacitor component and decrease of the battery component is in prospect with IDTechEx forecasting that the global market value for supercapacitors will be $6.5 billion by 2024.

Elon Musk of Tesla once said that he thought supercapacitors are the future. Now he is planning the mother of all lithium-ion battery factories. Nevertheless, it is still probable that supercapacitors will hammer lithium-ion battery sales. Nanotune Technologies’ CEO Kuang Tsei Huang demonstrated supercapacitors with 35 Wh/kg, saying that 500 Wh/kg may be achievable, 2-4 times the energy density of the best Li-ion batteries. Yunasko and many others have demonstrated 35 Wh/kg, with the intermediate supercabatteries, matching lead-acid and NiCd batteries. Maxwell Technologies expects tripling current energy density with pure supercapacitors. Graphene supercapacitor developers target 200 Wh/kg.

Dr Peter Harrop, Chairman of IDTechEx, explains, “Supercapacitors need not match lithium-ion battery energy density to replace much of that battery market. They have replaced maybe one percent of that market already with only one hundredth of the energy density because they last longer than the bus for example that they are in. They are safer and have ten times the power density. Even across batteries they mean less battery is needed.

They have replaced Li-ion batteries in most Chinese buses, despite greater up-front price. Supercapacitor sales are under 3% of lithium-ion battery sales today, partly replacing them and partly doing things batteries can never do.

Supercapacitor sales will be over 10% of Li-ion sales in ten years as they grab more Li-ion business despite such batteries improving by a factor of two in energy density. For that, production supercapacitors or supercabatteries (notably lithium-ion capacitors) must reach around 40 Wh/kg with all other parameters acceptable, possibly even conceding some power density and life but being greener. If that happens, few will dispute that in the next decade at around 100 Wh/kg with acceptable other parameters, supercapacitors or supercabatteries could grab 50% of the lithium-ion market reaching tens of billions of dollars in yearly sales.”

http://www.marketwatch.com/story/id...attery-market-2014-06-23?reflink=MW_news_stmp
 
XTR as far as I can tell most of the people who went and reported back thought it was positive overall. There may be an element of disappointment in the short term because they previously said they would be making monthly profits as early as April but it looks to have been put back to August.
 
Any view regarding SER, RNS out regarding an Extraordinary General Meeting of the Company on 23 July 2014, do you think an takeover could happen
 
All sounds very positive :

Initial commercial discussions have progressed and Ilika has entered into confidential disclosure agreements (CDAs) with commercial partners across the globe. In total, since January, Ilika has entered into ten CDAs to facilitate ongoing discussions with OEMs and suppliers of manufacturing equipment located in Europe, USA and Japan.

Further updates will be released as planned technical and commercial milestones are reached.

Commenting on the announcement, Graeme Purdy, CEO of Ilika, said: "The progress we have made in terms of both technology and understanding of our unique processes since January is substantial and the interest from our potential commercialisation partners is increasing significantly. Both these factors encourage us that we are on track to commercialise our stacked thin-film battery technology in 2015."
 
IKA and CPX will be meeting demand in very similar applications and both have huge upside.

Can't help thinking though that for IKA (mkt cap £45m) some of the upside is discounted whilst for CPX it's being ignored (mkt cap £4m).
 
Didn't know umar gul had set up a company to trade off his reputation for bottling it...


SentimentT in soft drinks firm Nichols turned sour and the shares slumped 36p to 919.5p after the High Court ruled that it must pay the equivalent of £8m in damages, in addition to costs of up to £1.5m, following litigation from Gul Bottlers who produced and distributed Vimto in the Pakistani market from September 2011.
The amount is significantly more than the £2m it had set aside for the claim.


Read more: http://www.dailymail.co.uk/money/ma...es-value-crashes-3-5bn-54m.html#ixzz36MBDnoLA
 
CPX - spread seems to be tightening ahead of news ( Company have said licensing agreement by mid 2014 (that is for auto but in background also having SMD mass market mobile phone talks as well) ; also wondering if next Techinvest will mention the June update?)

chart looking as well poised as it is possible to get and Management gave comfort by ruling out need for fundraise in short term


big.chart


big.chart
 
CPX - this came out yesterday, great to see CPX being mentioned as a leading player alongside likes of Maxwell, Panasonic etc

Global Supercapacitor (Electrodes, Electrolyte, and Separators) Market - Analysis & Forecast to 2020

DUBLIN, July 2, 2014 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/j3vx3l/supercapacitor) has announced the addition of the "Supercapacitor Market by Materials, Products, Applications, and Geography - Analysis & Forecast (2013 - 2020)" report to their offering.

http://photos.prnewswire.com/prnh/20130307/600769

As per the changing and demanding global approach, energy resources and energy storage have become a keen area of interest of the major world powers and scientific communities. The supercapacitor has proved its applications in many domains. Supercapacitors are predominately used in primary applications, industrial applications, energy applications, and other applications. It supplies continuous power to applications through regenerative braking in rail transit, hybrid vehicles, and many more.

The U.S. is the major region working in the research of supercapacitor, their variant, and the potential materials than any other region. The applications such as start and stop systems for cars are mainly supplied by the U.S.European region governments are providing funds for the research and development of energy storage systems. European Space Agency (ESA) acts as a link between the two, wind farms and utility grids.

The key drivers of the supercapacitor ecosystem are: rapidly improving technology, performance ratio and price improvement, quick evolving energy application, and new market segments such as hybrid electric vehicles (HEV), smart grids, and renewable energy. The key market restraints can be classified as relatively high cost, competition with well-established batteries, and customer conservatism.

The major players in this supercapacitor market include: Maxwell Technologies Inc. (U.S.), Nippon electrical Co. (Japan), Nesscap Co. Ltd. (Korea),Cap-XX (Australia), Axion Power International, Inc. (U.S.), Panasonic Electronic Devices Co. Ltd. (Japan), and so on.
 
CPX

This is the sort of thing analysts are expecting for IKA if they get some big design wins on a royalty/licencsing model. It may not sound much to be getting $36m from a $6bn market but likelihood is that any such royalty revenue will get valued not on a normal PE ratio of 10-20x but on a rating of 20-100x due to perceived 'quality' and 'growth potential'.

Finally Ilika added 7.5p to 70p as it announced it had increased the energy capacity of its solid state batteries by more than 25 times since January.

Numis said:

It is clear that the market opportunity for Ilika's battery technology is very large and the development progress is clearly positive.

Consumer interest in "internet-of-things" devices like "wearables" is building as a way of getting further utility out of smartphones/tablets. A key constraint to producing compelling devices however is their need to be highly mobile and thus battery powered. We estimate the wearables/IoT segment represents a $6bn longer term market opportunity, which based on a 30% share and a 2% royalty rate could produce peak annual royalty income of $36m for Ilika from its solid state battery.

http://www.theguardian.com/business/marketforceslive/2014/jul/01/ftse-100-jumps-mining-shares-china
 
Another datapoint to provide perspective on CPX's current valuation...7

another non-listed competitor is Ioxus which has had $68m of funding since 2007 with most recent round $21m in April 2014

http://www.crunchbase.com/organization/ioxus

So you have

Maxwell Technologies $500m
Ioxus - unlisted but $68m pre-IPO funding would imply potential public listing valuation of $250m+ ?
Cap-XX - £4m

Cap-XX has previously been VC funded by likes of Intel and has accumulated losses approaching $100m. All that R&D knowledge and tax losses should be worth a lot more than just £4m. It is quite simply a Company abandoned by public market investors due to illiquidity. Once we get definitive news I expect it should quite quickly be valued at £50m+ and in the medium term $250-500m
 
CPX

RNS Hendersons go below 5% with a sale of about 200k shares. Seems they are happy to let a few go. May explain why the stock has not gone up that much in short term after what was a very good recent Trading Update. Will they be as happy to let some go once there is more definitive news ?
 
CPX

Emailed the investor relations contact at CPX (the CEO) to enquire why they seemed to have stopped posting Presentation documents their website despite continuing to do Conference/Seminars etc. Got a auto reply saying he is out of office until 14th July.

I suspect the answer to my question is that owing to them being in high level negotiations with potential large influential customers those customers have demanded some confidentiality agreements so nothing leaks to potential competitors etc Apple is known for being particularly paranoid about such things. Noteable that a multi-billlion capacitor company like Murata (an existing iphone component supplier) was happy to partner with CPX and build them a $50-100m manufacturing plant. Nothing has come of that relationship yet but equally no fall out either. In the meantime the big 'gating' factor to progress on that potential Apple/Murata/CPX relationship may have been solved by recent release of crucial SMD supercapacitor prototypes CPX announced in January.
 
GCM

promising ?


barapukuria is next door to phulbari , has been suggested both could initially be mined from same box pit (north and south)

http://newagebd.net/29873/govt-to-g...barapukuria-in-3-months/#sthash.EhCGUhjp.dpbs

Govt to go for open-pit mining at Barapukuria in 3 months
July 11, 2014
- See more at: http://newagebd.net/29873/govt-to-g...barapukuria-in-3-months/#sthash.EhCGUhjp.dpuf

http://www.dhakatribune.com/development/2014/jul/11/government-plans-open-pit-mining-barapukuria

today's paper >> news >> published: 02:30 july 11, 2014
Government plans open-pit mining at Barapukuria
Aminur Rahman Rasel

A 1,300MW coal-based power plant will be built at the mine’s mouth which will use coal from the mine

- See more at: http://www.dhakatribune.com/develop...n-pit-mining-barapukuria#sthash.sibwJdNk.dpuf
 
re SOLO, STG, UKOG, DOR etc add RGM and ALBA to the list of partners

will be pretty full on promo of this now I guess

98824462be10726fe8fc1d4405fb9e98_zps64271359.jpg
 
It's a small incremental positive for IKA. The longer they take to announce a big deal the more it looks like there are still some challenges to getting where they want to. for example it seems they over-egged the pudding talking so early about mobile phone batteries as apparently it is a big deal scaling up their production of batteries. that is why they are targeting small wireless sensor market first.
 
I think this time it should be sustainable. The last rise was looking good but got killed by Sheikh Hasina opening her big gob and talking utter ****. So as long as she doesn't say anything stupid this time fingers crossed for further rises.

The news seems to be in a number of different Bangladeshi newspapers and the Minister concerned making quite definite sounding statement about open pit mining starting at Barapukuria subject to a hydrological report from the IWM. IWM (Institute of Water Modelling) being same body who approved the hydrological plan in GCM's BFS (Bankable Feasibility Study).

If they allow open pit mining at Barapukuria there seems no reason why they shouldn't allow it at Phulbari. Many experts have said they could both be mined from the same box pit.
 
GCM if there is no statement in the morning from GCM that must mean they are 'comfortable' with the rise being for a valid reason so I would expect continuation given how tightly the stock is now held and the upside optionality. Historically it has moved quickly from 40p to 100p range. The short term resistance levels to be watching are 40p and 44p which was the intra-day high a few weeks ago before Hasina opened her big gob and planted her foot in it.

There is some hope the OECD report due sometime in next few weeks may add a further catalyst. I think its meaningless so would not use that as a cue. The IWM report is more important and gives a huge binary catalyst less than 3 months away.

0p or 500-1000p on a 50:50 ? (I'd say its 75:25 as IWM previously worked on GCM BFS so would have no credibility if they backtrack and Bangladesh is increasingly desperate and energy/gas short so coal is only game in town)

All the long term technicals looking good so I would expect to see 100p at least by year end (with outside chance of 250p+) albeit with loads of volatility no doubt. Should be great for traders.
 
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Good finish all things considered on GCM.

After a 100% day on Friday to have no retrace is excellent. Price has consolidated in between the key resistance levels identified earlier 40 and 44p.

most positive i think was Company keeping quiet in effect endorsing view that they believe Fridays rise had some substance behind it

they would not be allowed to get away with that without some comeback from their nomad or aim regulation
 
s28 said:
We are in uncharted territory... this could go anywhere to the upside frankly as there is no resistance

p.php
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after the big move earlier this year the stock has consolidated well

news on actual contracts for their revolutionary battery technology has been pretty slow in coming through

they will be meeting analysts and institutions in coming days so will be interesting to see how the price reacts and if we get a breakout above previous closing highs as it might give an indicator as to when they are guiding towards the transformational newsflow on commercialisation
 
GCM with the rise late on yesterday,and numerous big buys, thought this was the turning point, but down again today, may pick up to the end of day.

Not sure if it will continue to be like this, until something is confirmed..
 
XTR have been selling down some of their GOS stake which I thought was potentially very valuable but i guess they must see better short term investments

GOS have updated their website recently which suggests something may come to fruition with regards to IPO in Q4 2014 possibly

Set up GOS morocco :- http://globaloilshale.com/?p=1475

Appointed SRK to do oil resource CPR :- http://globaloilshale.com/?p=1467
 
Its hardly moving because there are so few shares in circulation. No volume by 13:30 says it all.
 
s28 said:
CPX - spread seems to be tightening ahead of news ( Company have said licensing agreement by mid 2014 (that is for auto but in background also having SMD mass market mobile phone talks as well) ; also wondering if next Techinvest will mention the June update?)

chart looking as well poised as it is possible to get and Management gave comfort by ruling out need for fundraise in short term


big.chart


big.chart
Click to expand...

I like how the 50 day and 200 day Moving Average lines pincer movement is shaping up with CPX. Usually you get huge breakouts occurring from this sort of set-up.

e.g. note 2009 move from 15p to 45p
and late 2011 move from 10p to 30p

I suspect one of the Institutions is selling which is feeding the market at present. However on news they may reassess selling at such a low level. Never seen a Company with such a low free float. Looks like 80-90% held by Directors and Institutions. In fact an 'overhang' clearing could provide a catalyst in and of itself.

However fundamentally the Company have promised an Auto licensing deal by 'mid 2014' and given they seemed to be in multiple discussions this should mean at least one deal if not more. That would be a huge endorsement. Furthermore it is not just the Company now banging the drum about getting supercapacitors into cars it is lots of esteemed publications such as the Economist etc

Others have quite rightly pointed out that Auto companies are very conservative about endorsing new technology and the sales/design-in cycle can be in the years rather than months but CPX have been working on this for 2-3 years and sent prototypes out a year ago so that seems like enough time for potential customers to have tested the products quite thoroughly by now.

I did email the CEO a few weeks ago asking why there seemed to be a news blackout on their own website. He had a out of office automated response in effect for early July and then I received a 'Read' email receipt a few days back but no response yet. I hope this is because news is coming and thus any response from him would get him and/or me in trouble so I see this as positive.
 
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CPX

Received a belated response to my email to the CEO from a lackey. Apparently they are about to launch a new website. One would hope that will be timed to coincide with a re-invigoration of the business and pick-up in newsflow.
 
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