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Contact the PP Team
Buying shares?
- Thread starter DeadlyVenom
- Start date
CPX looking on brink of potential big breakout. People latching onto comment in AGM statement
"The Board looks forward to potentially providing additional updates on our automotive applications over the remainder of this quarter..."
looking good now
Hey guys I was wonddring what you guys think of BLPH, its a pharmaceutical company which is stated to have some upside to it but they are going through lots of cash. Any insight would be greatly appreciated. Btw you guys should really get into cryptocurrency the returns on those are ridiculous right now due to etherium picking up some major pace.
I've heard people losing a lot of money on some cryptocurrency pyramid scams like E-dinar so be a bit careful treating them as 'investments'. Currency is meant to be primarily medium of exchange/store of value/Unit of valuation not something for speculative investment.
Will take a look at BLPH
Will take a look at BLPH
RRR
Noirua 18 Jun '17 - 11:54 - 11316 of 11319 0 0
The Tshipi Borwa mine is a must have for China and I suspect a bid for Jupiter Mines Limited and OM Holdings Limited to follow, if no bids are acceptable to Tshipi e Ntle.
All this is a bit complicated by Tshipi e Ntle wanting to float via an IPO on the JSE at a reported US$0.60 a share.
Buying JMS would also give the Chinese future access to 1.85 billion tonnes of iron ore at Mount IDA and Mount Mason. RRR's 0.75% royalty on production from Mount IDA could become more important.
As an Independent Director of JMS, Andrew Bell would retain his position and be in for a payoff in 12 months time, if he steps down.
A bid for RRR is unlikely as the shares look set to become volatile.
Red Rock at 2p a share would value RRR at less than £9 million. Thoughts are, and supported by AB, that JMS could be worth A$1.00 a share ( US$0.75 ); valuing RRR's holding in JMS at £16 to £17 million. This would not mean RRR would necessarily get all this cash. There could be a cash payout by JMS but a chunk of cash retained in the company. RRR would then still retain their shares in Jupiter.
Dowgate Capital
https://investorshares.telegraph.co.uk/broker-views/RRR/Red-Rock-Resources.html
Dowgate Capital reiterated a valuation at 4.4p a share back in November last. It would be interesting to see their views now, though I suspect they'll stay out of this uncertain situation at the moment.
NB: I'm holding investments in Jupiter Mines, OM Holdings, Red Rock Resources, Regency Mines, and investments in some companies involved in the Pallinghurst Consortium ( Pallinghurst Investors ).
Noirua 18 Jun '17 - 11:54 - 11316 of 11319 0 0
The Tshipi Borwa mine is a must have for China and I suspect a bid for Jupiter Mines Limited and OM Holdings Limited to follow, if no bids are acceptable to Tshipi e Ntle.
All this is a bit complicated by Tshipi e Ntle wanting to float via an IPO on the JSE at a reported US$0.60 a share.
Buying JMS would also give the Chinese future access to 1.85 billion tonnes of iron ore at Mount IDA and Mount Mason. RRR's 0.75% royalty on production from Mount IDA could become more important.
As an Independent Director of JMS, Andrew Bell would retain his position and be in for a payoff in 12 months time, if he steps down.
A bid for RRR is unlikely as the shares look set to become volatile.
Red Rock at 2p a share would value RRR at less than £9 million. Thoughts are, and supported by AB, that JMS could be worth A$1.00 a share ( US$0.75 ); valuing RRR's holding in JMS at £16 to £17 million. This would not mean RRR would necessarily get all this cash. There could be a cash payout by JMS but a chunk of cash retained in the company. RRR would then still retain their shares in Jupiter.
Dowgate Capital
https://investorshares.telegraph.co.uk/broker-views/RRR/Red-Rock-Resources.html
Dowgate Capital reiterated a valuation at 4.4p a share back in November last. It would be interesting to see their views now, though I suspect they'll stay out of this uncertain situation at the moment.
NB: I'm holding investments in Jupiter Mines, OM Holdings, Red Rock Resources, Regency Mines, and investments in some companies involved in the Pallinghurst Consortium ( Pallinghurst Investors ).
VRS
appears to be consolidating between the 50 and 200 day Moving Averages. Given the recent technical sell off but what I consider to be strong fundamentals with huge blue sky potential I think it's a good time to consider accumulation during the traditional quiet summer period. Results should be out soon and may provide an opportunity as I doubt the historic results will be that good.
appears to be consolidating between the 50 and 200 day Moving Averages. Given the recent technical sell off but what I consider to be strong fundamentals with huge blue sky potential I think it's a good time to consider accumulation during the traditional quiet summer period. Results should be out soon and may provide an opportunity as I doubt the historic results will be that good.
RRR
TheKLF 21 Jun '17 - 21:26 - 11431 of 11432 2 0
With regard to the valuation discussions I think it's quite simple. If the Board give a commitment to pay out say 90% of any future income or capital distribution from Jupiter as a dividend the share price will take care of itself.
In the last few months we've been told that RRR is to receive c.£800k from Jupiter
A 90% payout ratio would mean a dividend for RRR shareholders of c.£700k
Apply normal bond/share yield valuation metrics and if RRR was yielding £700k p.a. the shares would/should be valued at approximately
£14m (assuming a 20x rating and 5% yield) or
£17.5m (assuming a 25x rating and 4% yield) or
£23.3m (assuming a 33.3x rating and 3% yield)
So 3-5p a share looks a reasonable valuation in my book
TheKLF 21 Jun '17 - 21:26 - 11431 of 11432 2 0
With regard to the valuation discussions I think it's quite simple. If the Board give a commitment to pay out say 90% of any future income or capital distribution from Jupiter as a dividend the share price will take care of itself.
In the last few months we've been told that RRR is to receive c.£800k from Jupiter
A 90% payout ratio would mean a dividend for RRR shareholders of c.£700k
Apply normal bond/share yield valuation metrics and if RRR was yielding £700k p.a. the shares would/should be valued at approximately
£14m (assuming a 20x rating and 5% yield) or
£17.5m (assuming a 25x rating and 4% yield) or
£23.3m (assuming a 33.3x rating and 3% yield)
So 3-5p a share looks a reasonable valuation in my book
SALV
The Stigologist 22 Jun '17 - 12:32 - 81 of 81 0 0
Mr Mellon sounding very confident about Salva rx
htTps://twitter.com/jimmhk/status/877437555200987136
The Stigologist 22 Jun '17 - 12:32 - 81 of 81 0 0
Mr Mellon sounding very confident about Salva rx
htTps://twitter.com/jimmhk/status/877437555200987136
RRR
Deal news today not going down well but looks much better than given credit for
RRR 16% Stake - May Increase Up to 30%
Initial FeSi Production Targeted for Q1 2018
Two Electric Arc Furnaces Onsite
Complex Capacity of 48,720t of FeSi and 9,700t of Microsillica
Projects €35m Rev and €7m EBITDA
Near-Term Production in Familiar Steel Feed Space
https://www.rrrplc.com/projects-and-investments/steel-feed/steelmin-ltd/
Deal news today not going down well but looks much better than given credit for
RRR 16% Stake - May Increase Up to 30%
Initial FeSi Production Targeted for Q1 2018
Two Electric Arc Furnaces Onsite
Complex Capacity of 48,720t of FeSi and 9,700t of Microsillica
Projects €35m Rev and €7m EBITDA
Near-Term Production in Familiar Steel Feed Space
https://www.rrrplc.com/projects-and-investments/steel-feed/steelmin-ltd/
RRR
Not all alternative financings are death spirals - the case of Red Rock Resources
By Tom Winnifrith | Friday 30 June 2017
The other day Red Rock Resources (RRR) announced a deal to fund the Steelmin smelter in Bosnia which involved some alternative financing from Yorkville. At once the critics of boss Andrew Bell - of whom there are more than a few - screamed "death spiral, dilution, the man hads gone mad." A few critics disagreed, arguing that Bell had always been mad. But perhaps before leaping to conclusions it is worth looking atnthe actual structure of the deal?
Steelmin operates in Red Rock’s field of steel feed, and replaces the manganese producing asset held through Jupiter, which is to be sold or listed shortly, providing capital to be redeployed. It has quality management and customers, like Jupiter, and will like Jupiter be a significant player in its field. It is therefore a suitable new investment as part of the Red Rock portfolio.
Steelmin is a real company with a real asset and clear short term pathway to cash flow generation. It is very difficult to find a near producing asset that is within range of Red Rock's funding capability.
Steelmin's key asset is the Ferrosilicon plant in Bosnia. Bosnia is a reasonable emerging market due to its progression to EU and Nato. It is at least as reasonable as many of the jurisdictions in Africa that are perfectly acceptable to AIM investors. Bosnia (according to the political stability index of the World Bank ranks 133 out of 194 countries and above Congo, Peru, Saudi Arabia, China, Angola, Indonesia, Phillipines, Mexixo, Eritrea, India, Russia, Turkey. Most AIM companies are operating in countries worse than Bosnia. It is still on the list of places you would send the mother in law to on holiday but it is not a total lawless hell hole like Somalia or Coventry.
The Jajce ferrosilicon plant had a long history as a part of Elektrobosna, was a industrial powerhouse, employing 3000 and accounting for 14% of the total export sales of the former Yugoslavian Republic of Bosnia-Herzegovina”. It was even the subject of an old CIA report
After the civil war Elektrobosna was privatised and one facility has been continuously operated by Metalleghe of Italy. The larger one operated under local ownership for several years to 2005 but was plagued by ownership disputes. Steelmin got control in late 2011. The plant has competitive advantages in nearby quality quartz, cheap electricity from hydropower (electricity is 40% of costs), low labour costs, and favourable tax regime. Nearby Metalleghe ferrosilicon plant evidences the business model, as does LOIs and expressions of interest that Steelmin has from groups as ThyssenKrupp.
Steelmin is owned and has been funded by western investors and they have lots of experience in this jurisdiction. The CEO represents the investors and is an internationally experienced investor (based in london). The operating local team comprises the key members (head hunted by the CEO) of the old management team from Elektrobosna have been brought in and the plant refurbished with Furnace V completely overhauled, work that is finishing this year as yoiu can see HERE
Red Rock has actually structured a smart deal as it has positioned itself above all the other (including western) investors as the senior lender. This means it has real control and can squeeze the other equity investors if required. It has an accelerated schedule to get their money back and it still ends up with an equity investment for no cost - somewhere between 16% and 30%. it has structured its free equity stake to encourage Steelmin to refinance them out as soon as possible to reduce the equity it gives up. Most AIM companies would just buy the equity. Red Rock has been way smarter.
A consortium of investor (including YA, Cuart and some family offices) have lent the money to Red Rock to fund the deal. What's clever here is that the all of the cost of funding is passed on to Steelmin so the ultimate cost to Red Rock is low. Red Rock is expecting to get proceeds from the Jupiter sale soon. A minority proportion of these proceeds will be used to pay off the loan. So only a fraction of the Jupiter cash is being used to do this deal and then when the loan is repaid by Steelmin, the full Jupiter cash will be restored to Red Rock.
The loan to Red Rock is a pure cash to cash loan with NO conversion rights for the investor (other than standard default terms if the company does not comply with its obligations) and only a small amount of warrants being issued.
Not all alternative financings are death spirals - the case of Red Rock Resources
By Tom Winnifrith | Friday 30 June 2017
The other day Red Rock Resources (RRR) announced a deal to fund the Steelmin smelter in Bosnia which involved some alternative financing from Yorkville. At once the critics of boss Andrew Bell - of whom there are more than a few - screamed "death spiral, dilution, the man hads gone mad." A few critics disagreed, arguing that Bell had always been mad. But perhaps before leaping to conclusions it is worth looking atnthe actual structure of the deal?
Steelmin operates in Red Rock’s field of steel feed, and replaces the manganese producing asset held through Jupiter, which is to be sold or listed shortly, providing capital to be redeployed. It has quality management and customers, like Jupiter, and will like Jupiter be a significant player in its field. It is therefore a suitable new investment as part of the Red Rock portfolio.
Steelmin is a real company with a real asset and clear short term pathway to cash flow generation. It is very difficult to find a near producing asset that is within range of Red Rock's funding capability.
Steelmin's key asset is the Ferrosilicon plant in Bosnia. Bosnia is a reasonable emerging market due to its progression to EU and Nato. It is at least as reasonable as many of the jurisdictions in Africa that are perfectly acceptable to AIM investors. Bosnia (according to the political stability index of the World Bank ranks 133 out of 194 countries and above Congo, Peru, Saudi Arabia, China, Angola, Indonesia, Phillipines, Mexixo, Eritrea, India, Russia, Turkey. Most AIM companies are operating in countries worse than Bosnia. It is still on the list of places you would send the mother in law to on holiday but it is not a total lawless hell hole like Somalia or Coventry.
The Jajce ferrosilicon plant had a long history as a part of Elektrobosna, was a industrial powerhouse, employing 3000 and accounting for 14% of the total export sales of the former Yugoslavian Republic of Bosnia-Herzegovina”. It was even the subject of an old CIA report
After the civil war Elektrobosna was privatised and one facility has been continuously operated by Metalleghe of Italy. The larger one operated under local ownership for several years to 2005 but was plagued by ownership disputes. Steelmin got control in late 2011. The plant has competitive advantages in nearby quality quartz, cheap electricity from hydropower (electricity is 40% of costs), low labour costs, and favourable tax regime. Nearby Metalleghe ferrosilicon plant evidences the business model, as does LOIs and expressions of interest that Steelmin has from groups as ThyssenKrupp.
Steelmin is owned and has been funded by western investors and they have lots of experience in this jurisdiction. The CEO represents the investors and is an internationally experienced investor (based in london). The operating local team comprises the key members (head hunted by the CEO) of the old management team from Elektrobosna have been brought in and the plant refurbished with Furnace V completely overhauled, work that is finishing this year as yoiu can see HERE
Red Rock has actually structured a smart deal as it has positioned itself above all the other (including western) investors as the senior lender. This means it has real control and can squeeze the other equity investors if required. It has an accelerated schedule to get their money back and it still ends up with an equity investment for no cost - somewhere between 16% and 30%. it has structured its free equity stake to encourage Steelmin to refinance them out as soon as possible to reduce the equity it gives up. Most AIM companies would just buy the equity. Red Rock has been way smarter.
A consortium of investor (including YA, Cuart and some family offices) have lent the money to Red Rock to fund the deal. What's clever here is that the all of the cost of funding is passed on to Steelmin so the ultimate cost to Red Rock is low. Red Rock is expecting to get proceeds from the Jupiter sale soon. A minority proportion of these proceeds will be used to pay off the loan. So only a fraction of the Jupiter cash is being used to do this deal and then when the loan is repaid by Steelmin, the full Jupiter cash will be restored to Red Rock.
The loan to Red Rock is a pure cash to cash loan with NO conversion rights for the investor (other than standard default terms if the company does not comply with its obligations) and only a small amount of warrants being issued.
jaspa888
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Definite reason to be worried. I have pro friends looking at CAT bonds (Catastrophe bonds) as insurance given all the political and economic uncertainty. VIX the stock market indicator of volatility looks far too low and indicates too much complacency. Chart wise major indices look like they may be about to roll over. We're 9-10 years on from the last 'crash'. We could easily see 5-10% correction in a short period and there seem political disarray so unlikely to be big and good enough response with most levers of fiscal/monetary stimulus used up.
I'm trying to stick to deep value special situations / blue sky concept tech. Not interested in any economic cyclical stuff like oil / copper / iron ore
I'm trying to stick to deep value special situations / blue sky concept tech. Not interested in any economic cyclical stuff like oil / copper / iron ore
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King-Misbah
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I want to get into trading shares. I tried to read some posts here and it all seems French. Anyone can guide me to the correct resources? Expert advise would be ace!
We're all still learning
Some Tutorials here
http://www.investopedia.com/university/
Sometimes best education is 'learning by doing', invest money you're prepared to lose and see how it works out
Some Tutorials here
http://www.investopedia.com/university/
Sometimes best education is 'learning by doing', invest money you're prepared to lose and see how it works out
Ment claw back yesterday
CPX rise on volume and chart looking very good now
Must say the conviction on it after that interview has to be increased because on several counts the strategy seems to be falling into place. Auto / Truckstart / IoT / Wearables / Murata / AVX etc all got mentions
Must say the conviction on it after that interview has to be increased because on several counts the strategy seems to be falling into place. Auto / Truckstart / IoT / Wearables / Murata / AVX etc all got mentions
RRR maybe setting up for another attempt at 1p
GLOBAL MANGANESE WRAP: Ore, alloys prices find strength in Asia, USA; Europe flat in summer lull
Manganese ore and alloy prices mostly held firm last week, as markets defied the traditional summer lull to post gains everywhere except Europe.
• Manganese ore indices up on strong trading activity
• Silico-manganese futures prices supported by physical demand
• US ferro-manganese prices at 86-month high
• Traditional summer slowdown bites in Europe
Manganese ore prices gained slightly last week, buoyed by a pick-up in traded volumes and strong sentiment from the steel sector.
Metal Bulletin’s 37% manganese ore index climbed to $4.10 per dmtu fob Port Elizabeth on Friday July 14 from $4.06 a week earlier. The 44% index reached $6.02 per dmtu cif Tianjin, up from $5.85.
The market remained divided on price direction, with some highlighting a potential reduction in demand from India, while others noted that strong steel expectations in China have supported sentiment.
Spot traded volumes surged last week, even as talk of a large stock build-up in China spread.
GLOBAL MANGANESE WRAP: Ore, alloys prices find strength in Asia, USA; Europe flat in summer lull
Manganese ore and alloy prices mostly held firm last week, as markets defied the traditional summer lull to post gains everywhere except Europe.
• Manganese ore indices up on strong trading activity
• Silico-manganese futures prices supported by physical demand
• US ferro-manganese prices at 86-month high
• Traditional summer slowdown bites in Europe
Manganese ore prices gained slightly last week, buoyed by a pick-up in traded volumes and strong sentiment from the steel sector.
Metal Bulletin’s 37% manganese ore index climbed to $4.10 per dmtu fob Port Elizabeth on Friday July 14 from $4.06 a week earlier. The 44% index reached $6.02 per dmtu cif Tianjin, up from $5.85.
The market remained divided on price direction, with some highlighting a potential reduction in demand from India, while others noted that strong steel expectations in China have supported sentiment.
Spot traded volumes surged last week, even as talk of a large stock build-up in China spread.
This is odd.
Old adage 'Sell in May and go Away come again St Legers Day' not playing out this year?
Very odd to see Iron Ore a v economically sensitive commodity going up during traditional summer seasonal slowdown as 'West goes on holiday'. This bears watching. Has a liquidity tap been turned on somewhere in the World? Is this the China Silk Road II initiative seeing some real world impact?
Old adage 'Sell in May and go Away come again St Legers Day' not playing out this year?
Very odd to see Iron Ore a v economically sensitive commodity going up during traditional summer seasonal slowdown as 'West goes on holiday'. This bears watching. Has a liquidity tap been turned on somewhere in the World? Is this the China Silk Road II initiative seeing some real world impact?
GUN shaping up well. Shame they did a placing today but guess it's out of the way for now
Executive chairman Hamish Harris commented:
"We are pleased to be able to assist Oyster with their proposed AIM IPO. We also note the strong investor interest in the prospects of the UK onshore Weald basin to which we have direct exposure via our shareholdings in Horse Hill Developments Ltd and indirectly via Alba Mineral Resources."
Executive chairman Hamish Harris commented:
"We are pleased to be able to assist Oyster with their proposed AIM IPO. We also note the strong investor interest in the prospects of the UK onshore Weald basin to which we have direct exposure via our shareholdings in Horse Hill Developments Ltd and indirectly via Alba Mineral Resources."
RRR and CPX also having good moves today. Very impressed stocks putting on these sort of moves during the 'traditional summer doldrums'. Not sure exactly what it means but surely portends something ? Is real economic growth/liquidity from China behind the strength in some key commodity indicators (iron ore / copper) ? or is it a final blow off phase before a crash?
classic
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UKOG motoring along up 30% today sitting at 9.6p Wow..wish I was in this one ..lol
Cpx has started to move also in the last couple of days up 10% today 10p ask.
Cpx has started to move also in the last couple of days up 10% today 10p ask.
GDR Genedrive strikes me as potentially very interesting Company
£8m Mkt Cap announce additional $1.4m research funding deal with US Dept. of Defense
https://www.investegate.co.uk/gened...us-department-of-defense/201707270700152548M/
£8m Mkt Cap announce additional $1.4m research funding deal with US Dept. of Defense
https://www.investegate.co.uk/gened...us-department-of-defense/201707270700152548M/
ASA some very weird stuff going on there
https://www.investegate.co.uk/Index.aspx?searchtype=3&words=asa
https://www.investegate.co.uk/Index.aspx?searchtype=3&words=asa
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This is odd.
Old adage 'Sell in May and go Away come again St Legers Day' not playing out this year?
Very odd to see Iron Ore a v economically sensitive commodity going up during traditional summer seasonal slowdown as 'West goes on holiday'. This bears watching. Has a liquidity tap been turned on somewhere in the World? Is this the China Silk Road II initiative seeing some real world impact?
Iron ore on fire overnight... $74 from a charting perspective looks like it should see recent highs challenged again, especially considering we are in seasonally weak period
https://www.australianmining.com.au/news/iron-ore-price-fire/
jaspa888
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On no news...
10p holding up today
Intriguing. I noticed they updated website style for first time in years recently.
https://www.cap-xx.com/
https://www.cap-xx.com/
Yes could be one of several game changing possibilities CPX is working on. The Tesla stuff just sounded like b.s. without mentioning any of the real substantive potential links.
Right into 12-13p resistance area where last rise stalled. Breakout on news from here and sky could be the limit.
Right into 12-13p resistance area where last rise stalled. Breakout on news from here and sky could be the limit.
Iron ore continues to march higher, hitting the highest level in four months on Thursday on the back of another surge in steel prices.
According to Metal Bulletin, the spot price for benchmark 62% fines rose by 1.6% to $76.68 a tonne, leaving it sitting at highs not seen since April 6 this year.
In a little under two months it has now put on an extraordinary 43.7%.
https://www.businessinsider.com.au/iron-ore-is-ripping-higher-as-chinese-steel-prices-surge-2017-8
According to Metal Bulletin, the spot price for benchmark 62% fines rose by 1.6% to $76.68 a tonne, leaving it sitting at highs not seen since April 6 this year.
In a little under two months it has now put on an extraordinary 43.7%.
https://www.businessinsider.com.au/iron-ore-is-ripping-higher-as-chinese-steel-prices-surge-2017-8
CPX - a real substantial order, this should and is seeing a re-rating of the stock
First high-volume order for Thinline supercapacitors
CAP-XX, a world leader in supercapacitors, is pleased to announce that it has received its first large order for mass produced Thinline supercapacitors.
The order, received from a US customer, is the first high-volume order received by the Company for an 'Internet of Things' (IoT) wearable technology consumer device for the fitness and health markets and represents CAP-XX's single largest order for Thinline. The customer will distribute the product to large OEM manufacturers in addition to performing direct sales.
The initial US$0.4m order is for delivery of units commencing in late 2017 and continuing into early 2018. Mass production by the customer of its product is scheduled to commence in November 2017, with the first sales to consumers targeted for early 2018. The directors of CAP-XX anticipate securing a follow-on order for in excess of US$1.0m in the first half of 2018.
CAP-XX has numerous other parties evaluating the CAP-XX Thinline supercapacitors for a variety of IoT wearable technology applications and further design wins and high volume orders are expected in due course.
Anthony Kongats, CEO of CAP-XX, commented:
"We are delighted to have secured our first high-volume order for Thinline supercapacitors for an IoT application. Additionally, we remain confident that our partnerships with Murata and AVX will provide significant additional momentum to the adoption of CAP-XX supercapacitors in numerous very high volume applications across the globe."
https://www.investegate.co.uk/cap-x...olume-order-for-thinline/201708150700040057O/
First high-volume order for Thinline supercapacitors
CAP-XX, a world leader in supercapacitors, is pleased to announce that it has received its first large order for mass produced Thinline supercapacitors.
The order, received from a US customer, is the first high-volume order received by the Company for an 'Internet of Things' (IoT) wearable technology consumer device for the fitness and health markets and represents CAP-XX's single largest order for Thinline. The customer will distribute the product to large OEM manufacturers in addition to performing direct sales.
The initial US$0.4m order is for delivery of units commencing in late 2017 and continuing into early 2018. Mass production by the customer of its product is scheduled to commence in November 2017, with the first sales to consumers targeted for early 2018. The directors of CAP-XX anticipate securing a follow-on order for in excess of US$1.0m in the first half of 2018.
CAP-XX has numerous other parties evaluating the CAP-XX Thinline supercapacitors for a variety of IoT wearable technology applications and further design wins and high volume orders are expected in due course.
Anthony Kongats, CEO of CAP-XX, commented:
"We are delighted to have secured our first high-volume order for Thinline supercapacitors for an IoT application. Additionally, we remain confident that our partnerships with Murata and AVX will provide significant additional momentum to the adoption of CAP-XX supercapacitors in numerous very high volume applications across the globe."
https://www.investegate.co.uk/cap-x...olume-order-for-thinline/201708150700040057O/
jaspa888
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+20% is flying in my book!
I think there will be a lot of short-term profit taking, especially as this has historically been a yo-yo share.
Hopefully we will see a substantial rerating once the frenzy stops.
I think there will be a lot of short-term profit taking, especially as this has historically been a yo-yo share.
Hopefully we will see a substantial rerating once the frenzy stops.
Long term chart looks a peach... maybe slow and steady tortoise Kongats will eventually win the race?
Yes short term technical resistance around YH but this is huge long term fundamental news and I expect technical resistance to be decisively broken and now v confident we will see 20-30 here if not 100+ eventually. Remember thinline is minor part of story !
Big stuff is auto and Murata/AVX/other licensing
classic
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Cpx thought it would be a lot higher on that Rns. Considering how much it had fallen since Feb where it was sitting around the current price if i remember ie 13p. All a bit disappointing really unless there is another push tomorrow. We shall see.
Iron ore price has been in free fall recently but manganese has bounced and is reasonably strong which could mean another dividend on the way for RRR from it's holding in Jupiter Mines
RRR remains one of the few stocks which looks cheap on fundamentals with decent supportive chart and potential catalyst imminent
Pincer moment coming on RRR ? (similar to May? note pincer of 50 and 200 day MA's then big move out)
Should be some anticipation of Sept dividend payment from JMS/Tshipi?
Kenyan Elections done so maybe some news due on Migori 1m oz gold project?
AOR just had a punt position in it but will look to buy more over coming weeks if there is any pullback
That looks very interesting as an investment now.
100p will only be a c. £5m Market Cap
Given the potential markets it plays into it could become a very exciting concept stock if it does execute
That looks very interesting as an investment now.
100p will only be a c. £5m Market Cap
Given the potential markets it plays into it could become a very exciting concept stock if it does execute
Dr Copper ('the commodity with a PhD in Economics') approaching v.significant psychological/technical level of $3/lb
http://www.kitco.com/news/2017-08-1...-surge-in-China-amid-firm-demand-outlook.html
* Dalian iron ore rises as much as 7 pct as rebar recovers
* Coking coal hits record high in Dalian, up nearly 8 pct
Will be really interesting to see upcoming Chinese PMI on 1 September
Could be good for iron ore/coal complex (GCM / RRR etc?)
Copper strength and lithium fad gives some speculative hope to likes of AXM ?
http://www.kitco.com/news/2017-08-1...-surge-in-China-amid-firm-demand-outlook.html
* Dalian iron ore rises as much as 7 pct as rebar recovers
* Coking coal hits record high in Dalian, up nearly 8 pct
Will be really interesting to see upcoming Chinese PMI on 1 September
Could be good for iron ore/coal complex (GCM / RRR etc?)
Copper strength and lithium fad gives some speculative hope to likes of AXM ?
CPX - might be a real coup here for the BB research heroes
http://datasheets.avx.com/AVX-SCM-48V.pdf
Page 7 says these new 48V units from AVX are licenced from CPX
CPX haven't announced this yet and AVX doc looks like a preliminary one due for official release in September?
Would take CPX into some huge applications
APPLICATIONS
• Hybrid and electric vehicles
• Rail transportation
• Heavy industrial equipment
• Grid storage
• UPS/Industrial systems
• Regenerative energy capture
• Pitch control
• Commercial vehicles
http://datasheets.avx.com/AVX-SCM-48V.pdf
Page 7 says these new 48V units from AVX are licenced from CPX
CPX haven't announced this yet and AVX doc looks like a preliminary one due for official release in September?
Would take CPX into some huge applications
APPLICATIONS
• Hybrid and electric vehicles
• Rail transportation
• Heavy industrial equipment
• Grid storage
• UPS/Industrial systems
• Regenerative energy capture
• Pitch control
• Commercial vehicles
Last edited:
AOR
landy90 18 Aug '17 - 13:13 - 3001 of 3001 1 0
Market Cap £1.2m
Licenses and Royalties- $614k - Value to licensees if bought out for 5 times cost savings - £2.4m
Tax losses (last year) $6.6m - unrecognised value $1.3 or £1m
Search of AorTech patents show 3 broad families, Polymer, Breast Implants and Heart Valves. Announcement indicates Breast Implant is being actively pursued. Value ??
So current mkt cap represents 2.5X annual savings to customers if sold out, nothing for tax losses, nothing for BI or heart valve, nothing for growth of licenses or new deals and nothing for litigation.
Before recent rise was priced to go bust- even if it did, licenses could be sold for current mkt cap!
landy90 18 Aug '17 - 13:13 - 3001 of 3001 1 0
Market Cap £1.2m
Licenses and Royalties- $614k - Value to licensees if bought out for 5 times cost savings - £2.4m
Tax losses (last year) $6.6m - unrecognised value $1.3 or £1m
Search of AorTech patents show 3 broad families, Polymer, Breast Implants and Heart Valves. Announcement indicates Breast Implant is being actively pursued. Value ??
So current mkt cap represents 2.5X annual savings to customers if sold out, nothing for tax losses, nothing for BI or heart valve, nothing for growth of licenses or new deals and nothing for litigation.
Before recent rise was priced to go bust- even if it did, licenses could be sold for current mkt cap!
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