Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
I don't have those charts available for TEK so i will trust your analysis.
It would also coincide nicely with the rate easing cycle, the April seasonal effect leading up to the yearly earnings release, anticipation of a new more optimistic government, and against a general backdrop of undervaluation.
Https://ukinvestormagazine.co.uk/tekcapital-progresses-ai-investment-strategy-with-fundraise/
This too. I think this new AI venture will be something which will be a main focus in the next few months.
That Guident IPO looks more attractive at this point. I thought that they were looking to raise money from banks not through TEK.
I tend to think that Harold Braun is a much more credible figure than Cliff and it would be far preferable to raise money through an IPO. Hoping to hear that the IPO is coming this year.
Quite curious about this new AI business. I wonder when Cliff will do a Q&A. Feels like he is hiding.
I have never been very impressed with the 'no exit strategy' idea. There are plenty of companies which have grown very quickly without paying a dividend. If you think about it then all early stage growth companies don't pay a dividend or buy back shares. Many of whom grow very well.
Hi Badsterman, my rationale is that people see things in narratives. They see Microsalt as this massively successful exciting new business going to the moon. And they see TEK as this kind of unconvincing company with a CEO who never appears and with 2 IPOs which went awry.
People don't view things in terms of numbers and valuations but in terms of narratives and 'vibes'. I think this is an extreme example of that.
Playing into this as well is the history of people invested in TEK and many of them are sitting on losses. I don't know how many times i have heard people saying that they will sell once they get back to even. So, they are displaying all these kinds of biases which don't make sense from a strictly investing point of view. SALT doesn't have this issue given that it has only ever gone up. I think this is what technical analysists mean when they say there is a lot of 'congestion'. Traders like to buy and sell around where they entered. The SP spent a lot of time in the 10-20p region (and more recently in the 15-20p region) and so you have a lot of difficulty getting through there. Once you get >20p there is more free air. Of course as time passes you get more people who bought in at lower levels who replace the older holders who are nursing losses and are more bitter.
Exactly. 500kgs per hour from one customer as an initial order. Difficult to get your head around these numbers. Seems like the possibilities are almost limitless. What is the upper estimate on Microsalt? Is there even an upper limit?
Feels like it is a license to print money.
Hi TopCatz, the last communication on the shock absorbers was as follows:
"Progress is underway with multiple car manufacturers, to assess the manufacturability, cost, and the best approach to rapidly bring the technology to the world market."
This sounds like an advanced stage in the process. That they are discussing how to implement it with customers rather than whether it works. So the next announcement could be an order.
It seems to me that any agreement with a vehicle manufacturer will be consequential. Firstly, because the minimum order size is already fairly large one would think. But also, because it will validate the product. Either it is viable in which case they will get a lot of orders or it isn't in which case it is worth 0.
It also seems that there are a number of competitors and that one design must likely be superior to the others, and that design will ultimately become the standard. The fact that they have got this far and impressed on initial testing bodes well though.
Given that Guident + Shock Absorbers + BELL + LUCY + TEK services are all valued at
It isn't so much that their isn't information (although i would like more), it is that it is on a very piecemeal basis. You have to constantly keep track of it and look at outside analysis to put it all together.
Really, it should constantly be updated on the website and in a clear way so people can understand. Agricore did a much better job of putting together the business case than TEK management have ever done.