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CAP-XX Interim Results should be released anytime between 6 March and 30 March 2020.
This is what has happened in past years. Some years it's been 6 March, other years it has been 15 or 24 or even 30 March.
Don't expect anything extraordinary from the interim results and then you won't be disappointed.
In my humble opinion the share price won't start going up until about the end of 2020 when the production lines have been relocated and are operational.
Pp1,
There might be an update on the Murata line. I’m actually surprised that they already went public with the products. Questioning if it is only marketing or that they are ahead on schedule.
An update might give an impuls on the shareprice.
Besides this, there is also avx who became more active on supercaps.
Not to forget tdk and cde, we stll do not know what expect from royalties from both.
About the court case, this will earliest be end of 2020, there is simply too much at stake for ioxus and maxell, this could become nasty.
Pp1 - got it, how many times are you going to say the same thing. Shut it now please.
Do you have a link Monkey?
Whilst we are all sharing our views, don’t forget the Cornell court case resolution should be in this half’s results. I’m expecting a nice little report next week with added news on our progress with our production lines. I can see 5p very ‘shortly’.
Great, I must have missed that.
Royalties actually looks as though it’s going to increase by 50% this year, which would make sense due to the Cornell deal, plus TDK.
As I have said before royalties have seldom exceeded 20% of total income and with Murata due to drop out soon and other production revenue predicted to jump I don't expect a large rise in actual royalty revenue. The thing which worries me now is a possible another placing to meet expected set up costs.
I do expect a large increase, 50% as per my ruler showed on the graph mentioned by Monkey.
Set up cost are already factored in Open plus insurance and contingency. End of.
"The acquisition of the manufacturing assets has working capital implications". I hope you are right
Thanks for sharing all insights and opinions.
Btw I'm still waiting for the ordered murata cr2032r button cells and very eager to open them to find out if they have cap-xx ip/herbs onboard. This of course could heavily influence the shareprice but chances are 50/50 to speak in os terms..
Let’s copy and paste things Open.....
“In addition to satisfying the consideration for the Acquisition, which is not considered to be a material sum, and the costs of acquiring new manufacturing equipment, the principal Project costs are as follows:
· labour;
· travel;
· freight;
· insurance;
· the installation process in Sydney; and
· Project contingency.
The total budget for the Acquisition and the Project is approximately A$5.8 million (approximately £3.1 million). However, the Board believes that once research and development rebates in respect of the Project, net property savings and CAP-XX's other working capital needs have been accounted for, the Company's overall funding requirement will be approximately A$5.3 million (approximately £2.8 million), which is proposed to be financed through the Placing and the Subscription. The proceeds of the Offer to Qualifying Participants will be applied towards additional working capital for CAP-XX.”
“CAP-XX should also be eligible for increased R&D rebates as a result of the acquisition (c. A$2.0m p.a.), as well as a one-off incentive (c. A$2.2m) and we would expect some lease incentives from the company’s new landlord (c. A$0.3m).“
So having got it installed and up and working CPX has to buy materials in order to produce whatever they produce, that's what I mean by "working capital" Clare. If all this money is in the bank why does it say there are "implications"?
Market taking a right pounding right now .... however .. ...we can always rely on Fraser from Dad's Army to keep grinding away
Where does it say implications?
Implications that our sales are going to go through the roof?
Implications that we have hired to top guys to sell our products?
Implications that we’ve purchased £50-£100m worth of equipment for peanuts?
What implications?
see my previous post which is from Allenby report
Please see my previous post
Bottom of page 5
Thanks for the reminder Clare... some very big news coming our way!
I do hope you are correct.
With the expected cash figure at the end of June being less than A$1m, (Allenby report) it won't take much to go wrong to wipe that cash out.
If they have to do a placing down here the shares will be as abundant as confetti at a wedding, and have about the same value.
well, it will be interesting to see if the sales of cylindrical cells have maintained their momentum, having sold more in first quarter FY20 than in the whole of the previous year. Possible flicker of light there. Pouches need to pick up, but plans for that obviously.
See AVX has now been bought outright by Kyocera.
Often overlooked that Kyocera is a Japanese company.....