Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Link to Simon Thompson update
https://www.investorschronicle.co.uk/ideas/2022/01/14/a-smart-technology-play/
Hedgehog,
You could well be right. However having flatlined for a couple of months the recent decline followed on from David Evans resignation. Since when there have only been 3 or 4 days of significant trade volume. Whoever it is, they do not appear to be desperate.
You are of course correct about the notifiable interest. These notifications aren’t always as punctual as you would expect though. Only yesterday another company I hold released a holdings notification for a sale made last August!
Anyway hopefully they will be finished soon.
Disclosure. I have taken a starter position and will add as and when.
Occy,
I’m not sure now if that figure is global or just US. The point I was making was that Saietta will not be selling 100,000 outboard motors when they reach that capacity in 2024.
We are targeting the European market which is forecast to be $1.1bn and 74% electric by 2030. So to achieve jc1220s suggested €590m motorboat revenues by 2030 we would need to have about 80% of the electric outboard market. Not even Wicher could be that optimistic.
jc1220,
Re your Propel motor calculation. Your hopes here seem a bit ambitious.
Annual sales of marine motors are 330,000 units and forecast to grow at nearly 10% pa for next 5 years. That is all motors not just electric. It’s a bit much to hope that Saietta could achieve up to 30% of the overall market.
Wicher Kist is certainly an upbeat and focussed CEO and progress has been excellent so far. He has flagged up his confidence in securing massive deals and material contracts a few times now. Once they actually RNS one of these deals with a major OEM is when we’ll get attention and see some significant SP growth.
Big deal secured by Exscientia. $100m upfront and potentially $5.3bn revenue. If Fipp still holding I would expect to see an RNS about it.
“Sanofi SA and Exscientia PLC are to partner on drug development in oncology and immunology in a deal that could see the latter receive up to $5.3 billion, the two pharmaceutical companies said Friday.
Paris-listed Sanofi and U.K.-based Exscientia will collaborate to identify and select target projects, using Exscientia's artificial-intelligence-driven personalized medicine platform.
Under the research, collaboration and licensing agreement, the two companies will develop up to 15 novel small-molecule candidates in oncology and immunology, they said in a joint release.
Sanofi will pay Exscientia an upfront cash payment of $100 million, while future payments could reach some $5.2 billion, relating to commercial, clinical and regulatory milestones, the companies said.
If Sanofi commercializes a therapeutic treatment from the collaboration, Exscientia will also be eligible to receive tiered royalties on product sales ranging from a rate of high single digits to mid-teens, and an option for clinical co-investment to increase the royalty rate up to 21% on net sales of cofunded products, the companies said.“
Today’s Times Market Report leads with a few paragraphs about Pod Points update yesterday. Nothing particularly new but of interest to me as it shows there is awareness of us amongst business writers.
Separately, I find it amazing that barely a week after someone was happy to pay 280p for over £2.5m of stock, and just 3 weeks since BofA gave us a 450p price target, some private investors are selling in the 250s!! MMs must be laughing their socks off.
From today’s interims.
“confident of entering into material contracts possibly before the end of the financial year.”
He must be very confident about this as he has flagged it up before. The end of March is end of the financial year. Even for the more impatient investors that is not far away.
In the last few days we’ve had Mercedes announcing they are investing 100s of millions of euros to build axial flux electric motors in Berlin following their purchase of Yasa and Renault taking a 21% stake in Whylot with whom they are developing an axial flow motor.
https://drivesncontrols.com/news/fullstory.php/aid/6885/Mercedes_to_build_UK-designed_axial-flux_motors_in_Berlin.html
https://www.electrive.com/2021/11/23/renault-invests-in-motor-specialits-whylot/
I reckon the big boys could be falling over themselves to get a deal done with Saietta. Don’t give up your shares too cheaply.
Nicely timed announcement about The Vaccine Groups progress with a new vaccine. I have sorry for the panicked investors selling at below a £1 last Friday though.
Jeremy Salt, Chief Executive of The Vaccine Group, said: "These very strong trial results show that a COVID-19 vaccine based on our novel herpesvirus platform could prove to be extremely effective in mitigating the long-term impact of the disease. We are clearly excited about the potential for the vaccine."
Oh they sneaked that one out. For anyone unaware, here are a few of there other partners. Taken from the IPO prospectus.
“Pod Point's well-established charging ecosystem has been achieved by developing good relationships with a wide range of customers including automotive OEMs (such as Audi, Jaguar Land Rover, Nissan, Peugeot, Volkswagen and Hyundai ( and their related leasing partners ), fleet management companies (such as NHS Fleet Solutions), property developers (such as Barratt Homes and Bellway Homes), supermarkets (such as Lidl and Tesco), "Last Mile" delivery companies (such as Hermes and DPD), leisure operators (such as Warner Brothers and Bristol Airport), and other large corporate entities and SMEs. Many of Pod Point's Commercial customers have renewed their contracts over the past 12 years.”
There’s quite a few numbers in this article about Tesco and Lidl charging points plans in the next couple of years. The article is from before last week’s government announcement, so one would expect those numbers to be ramped up.
https://www.walesonline.co.uk/whats-on/shopping/tesco-tops-list-supermarkets-offering-21666943
From PodPoint client Lidl announcement yesterday.
“24th November 2021: Lidl GB today announces plans to create 4,000 new jobs across the country with a new store target of 1,100 stores by the end of 2025.
Lidl remains on track to reach 1,000 stores by the end of 2023, as previously communicated. The additional 100 new stores will be across England, Scotland and Wales and will feature solar panels and electric vehicle charging points. Sites of particular interest include town centres, retail parks and metropolitan locations.”
Neither. Just a technical situation that is done to help MMs set a price. It usually occurs when there is high volatility in a stock.
Thanks to Simon gordon for flagging this up. Listen to it from 6.00 for Saietta part.
Couple of quotes worth noting.
“talking to all 7 of the largest moped manufacturers in India”
“One of the best companies I’ve seen ……..it has extraordinary potential “
https://m.youtube.com/watch?v=DuZnOj2hUcc&ab_channel=WhatInvestment