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Hi OHS, I am not certain I can help here. Metrotile gives power output per tile whereas Lindab give power output per unit or panel. SolarRoof 2.0 is, as far as I know using Verditek technology. If the contract were to change the company would have to inform the market. There is a good video on You Tube about Metrotile called "An inside look" which tells you that all Metrotile products are manufactured in Belgium and that in 2014 they produced 4 million square metres of tiles which were used in over 100 countries. Also they expected to sell 1.5 million tiles in the UK in 2015. As I have said the potential is huge. Potential however does not pay the bills but no revenue came from the UK in H1 and I think only 18k in H2 last year. Revenue from the UK in H2 should be well above that figure this year.
Hi twink, I’m up to speed and know the difference between the 2 base products (tile v panel) , my question was regarding the solar aspect of it. You can clearly see the difference in shape and style between the 2 and I understand that the panel ones would expect to be longer due to this reason but what I would expect is to see similarities between the 2 solar panels and I can’t. Furthermore, I can’t find anything on Lindab referencing Verditek, only Verditek RNSs
EQube is a solar metal roof tile that in the UK is being sold by Metrotile. It is also being sold by Rooftile Group in Europe who own Metrotile. Metal tiles have a huge weight advantage over normal roof tiles and also have a security advantage as you cannot simply smash you way through a metal tile roof. Morrisons refurbished their Leeds store with Metrotile metal roof tiles prior to eQube being marketed due to the weight saving. Potential here is massive. The new SolarRoof which is Lindab are solar metal sheets hence the term "panels". The three year exclusive deal is running at the moment and it will be interesting whether they have exceeded the 850Kw target that they are required to hit by year end. Hope this information helps.
Verditek also produce mono-crystalline panels btw - I'm just trying to better understand why 2 solar tile companies using Verditek's panels are using different tech which has differences in efficiency. Perhaps it's simply a cost implication to the customer?
Are those of you who are either invested/on the fence/out - researched up on the above 2 named companies and their respective products? (eQube and SolarRoof). If you are and you're knowledgeable of these products, I'd be interested in your thoughts regarding the differences between them. The eQube references their use of Verditek's Multi-crystalline Si cells but Lindab's SolarRoof has no reference to Verditek at all (that I have found) and also uses Mono-crystalline Si technology. I'm still researching into why there are fundamental differences between these 2 products but my gut feeling is that Lindab are perhaps no longer using Verditeks panels? An update from the BOD would help.....
https://www.metrotile.co.uk/wp-content/uploads/2017/09/eQube-Solar-Tile-Flyer-1.pdf
https://www.lindab.com/product/in-focus/solarroof/
https://www.marketwatch.com/guides/solar/monocrystalline-vs-polycrystalline-solar-panels/#:~:text=Monocrystalline%20solar%20panels%20offer%20better,which%20results%20in%20lower%20efficiency.
OHS
Thank you for the kind words. Hopefully we will not have to rely on luck.
Best of luck. Hope it works out well for everyone
Brunello just to let you know my thoughts here. Since September I have topped up with a large amount of shares ( probably too many ). If I am wrong I will lose some money. However if I am right I will make Loads of money. If IKO take the eqube tile global, then I will make serious amounts of money. I am holding onto my shares and am "gambling" I repeat " gambling" that sales have increased significantly in H2. A share price is a perception of a company value. As has been said many times, due to the lack of sales news this value is hard to clarify at the moment. I am however, as a share holder, putting my money where my mouth is.
And now we have a counter trade of £3.
So someone has just sold 41 shares for a total value of 12p at .3p. Imo that is a technical trade.
Roger , that was a post from Twink earlier in the year. Take what people on hear say with a Shovel of salt !!
Where do you think the stock came from if it wasn't a seller ??? There are two sides to every trade. The fact it was done in the middle indicates it wasn't stock offered by a market maker.. But yes a buyer took the stock off the seller.
Probably best to understand the basics of trading if you're going to analyse daily prints.
As for the rest . Good luck. You have made predictions in the pats Twink . Hopefully for Rogers sake you get one right.
The 500K trade was a buy. The sell price is low which acts as a deterrent to stop short selling which has worked really well this week. I would have thought a small rise in the share price was warranted due to the amount of buying but some technical sells are keeping the lid on things for the moment. The die is now cast, orders received now, will hopefully not be delivered until after the new year due to demand. Sales figures for the year are now known by the company and we will learn how much the cost base has been reduced. Turnover circa 750K with revenue close to this figure in H2 will make things very interesting.
Presumably that 500k trade was a sell given the price was .325
Another stellar day in the life of being a VDTK share holder.....
Brunello - well, it’s nice to see a positive msg posted here for once.
I don’t know of any specific order due with Metrotile, let alone one that’s worth anything as much as 200,000 euros. The MOU is with NZV and if it comes to fruition the new manufacturing centre will be in Italy so I’m not sure how or why you think there might be an initial pilot scheme in Thailand . I know the CEO resides there so perhaps you know of some possible connections he has there. I sincerely hope you’re right but atm it looks like a healthy dollop of wishful thinking.
All trades marked as buys today but think that’sdown to the usual misreporting by LSE website. Certainly looks as if there were some sells today but hey, who am I to complain if LSE want to present everything in blue!
Roger when the Metrotile order is announced and it comes in anywhere near 200,000 euros you will be able to sell at far more than 1.5p. Add news of a small pilot order from the MOU in Thailand and we will be cooking with gas. 2 financial years ago this company had a turnover of less than £30,000 . An increase of around 15 fold in 2 years is not bad going. "from tiny acorns do giant oak trees grow"
Roger when the Metrotile order is announced and it comes in anywhere near 200,000 euros you will be able to sell at far more than 1.5p. Add news of a small pilot order from the MOU in Thailand and we will be cooking with gas. 2 financial years ago this company had a turnover of less than £30,000 . An increase of around 15 fold in 2 years is not bad going. "from tiny acorns do giant oak trees grow"
I thought this company was toast back in February. Little did I realise that a lot was going on behind the scenes regarding Rooftile Group and Lindab. This means the company has a fighting chance. How big that chance is, is unknown at the moment, but any chance is better than no chance at all. This continued silence concerning sales can only make investors nervous.
Any idea what the RSP looks like ? I assume no bids & the big seller around a little higher up. Could be some margin calls from some spread bet punters. Either way there appear to be no buyers in town. That tells you everything you need to know right now sadly. Best of luck.
Yes, I realise that. And in the mean time the mms drop the BID to .3p even though there have been far more buys today than sells. Still tiny volume though so I don't really know what they are playing at.
If the MOU goes to the next stage and Lindab and Metrotile are still on board then yes, this will recover in a heart beat. You can bet your bottom dollar though none of us will be able to buy as it flies up.
All shares are a gamble. This share will surge if there is even a hint of good news. The important word is "if".
A few things strike me when I'm able to think rationally about it.
Their products ARE being sold in numerous territories by both Metrotile and LIndab. Doesn't help that we don't rrally know how those sales are going but they could just as easily be going well as badly. The Company just chooses not to say anything on that other than the mandatory reports it has to put out.
The funder still holds millions of shares with Peel Hunt. If it was going belly up wouldn't they do something about it rathher than just let the company go bust?
The recent drop from even just .45 to .35 has been on almost zero volume so probably isn't a fair reflection of genuine interest in the stock currently. Yes, hardly anyone is buying but does a few hundred quid of sales warrant another 25% drop? Hmmm not so sure.
Just my thoughts. I keep hoping for an update because whilst there has been no good news there has also been no bad news. Just no news. That's nothing new for this company. Hopefully we hear something either by the end of the year or very early in 2024.
This share was always a Fly or Flop. Not seeing much wing flapping at the moment. Somebody is going to mention pigs here, it is an easy comeback No bad news though.
Roger, go and listen to Kenny Roger's The Gambler.....again. It ain't like the red flags haven't been evident here for yonks.
All time low. I could weep.