Slowly down. The next trading performance needs some real figures otherwise the SP will continue to drift. It will not matter how many new contracts are signed without some figures.
While we have a lot of good news the one thing we are lacking are serious numbers which is the only thing that matters in respect of the SP. Before anyone starts sniping I just want the SP to reach the fair value predicted ,15p, initially. However no numbers no 15p. If CPX could only produce some numbers with the contracts, we all, I expect, would be very happy as the SP would fly. That is why the next trading update is so critical. The jam tomorrow messages must stop
Been following a Company called TRAC who have just announced a major contract and their SP has shot up. Why-They included hard numbers as to what the contract was worth and are an AIM company . Pity CPX do not bring the same to the party instead of a lot of Jam tomorrow and no figures. 15p fair value will only ever be reached when we start to be told what the contracts are worth. A lot rides on the next trading statement.
No hard numbers so the lovely increase will slip away. No change to what will happen next. Yes lots of clues and future deals but NO numbers so until then Happy Christmas to all
to back the rise the SP will slide once again. Over the years I have seen a few CPX peaks but they have never been backed up with positive news and thus the SP tumbled . I see a few are now selling as I suspect some LTH are just waiting to break even and run for the hills. I do not blame them . CPX has been a **** share for a long period and many LTH have had enough. We will see what Santa and the New year brings.
Lets face it AK has promised too much jam tomorrow. Until hard numbers are received which results in CPX becoming profitable the SP will not shift no matter how many contracts are signed with start up companies and the future of IOT. We will not know until next year. As for the legal case if Maxwell wins then CPX IP is frankly worthless
Hi Had a look at the link. Does it anywhere say CPX is involved please?
Not good. The predicted 15p seems a long way off. Have the feeling the MM's and investors have had enough. Suspect we will see 3p before long unless CPX pull a rabbit out of the hat. Very depressing. So much going for CPX but it just cannot deliver no matter how many new contracts it signs up.
A lot. Better communication. An understanding of why key decisions were made. Being able to point out why some actions do not have shareholder approval. Make them think twice as a large number of shareholders acting as one can hold the BOD more accountable for their short and long term actions. Please do not sit there with your head in the sand. Stand up and be counted. Doing nothing means we will continue to be in the dark. Not having a pop but sometimes action is required.
Trading Dutchman has done an outstanding job and obtained an offer to discuss matters post 29/09/21 There are 9% of the shares behind him I would urge anyone who wants to be involved to inform TD their number of shares At some point you will have to disclose name address and broker via private emails away from this forum to TD which will not be shared with anyone else as this is required by CPX to ratify that all is genuine There are other forums which you may wish to advertise this as I firmly believe that the share group can quickly grow to 20 % of the share ownership. That would mean some real clout and I-am sure TD would appreciate help from people who experts in accounting and Company Law Not out to damage CPX but to make them more transparent where appropriate and better communicators
Techie
Slime and slug just about describes youBut that is offensive to then
If anyone has not emailed Dutchman with their share number please do so It about time AK and the Board woke up to the fact there is a very large number of private investors who if pushed can make a difference We need some answers and better communication Please help as this is for your benefit as well
Really? I have heard this sentiment so many times on this board and low and behold the SP dives. James , you know as well as I do that unless we have real numbers and forward projections from CPX itself then no matter how many deals are done the SP will not shift. The Court case will drag on for at least another year or so so don't count on that bringing in a big dollop of cash.
Well CPX is under 6p and nothing looks like it will shift it. I have said this before CPX has promised much and delivered little. We will have to wait until the December update but I am not holding my breath. I suspect we will have another jam tomorrow and no real hard figures or projections of revenue from CPX itself , just brokers forecasts . These are not taken into account by the market or we would be at 15p. When will AK learn that the SP is dying because of a lack of communication and dilution of the number of shares. If the AGM was held in the UK I suspect the Q&A session would be brutal. We still have a few II's who have been around a long time. Wonder how much longer they will hang onto this share and the recent purchasers at 5.5p will surely be looking for their 5.5 p to double within the next 9 months. I am also concerned that another player will develop better supercapacitors which will make CPX redundant notwithstanding that even if we did receive good news the market may just ignore it as CPX has been around for so long it is forgotten about. Moan over
SWISS RE OFFLOADS HALF OF ITS PHOENIX GROUP HOLDING
(Sharecast News) - Phoenix Group said on Wednesday that Swiss Re has sold 66,199,917 shares in Phoenix, representing about 6.6% of its total issued share capital.
The FTSE 100 firm said the sale took place by an accelerated bookbuild, to a range of new and existing institutional investors.
In order to support an orderly sell down and improve trading liquidity in Phoenix, under the relationship deal between the two parties agreed in July 2020, the Phoenix board said it consented to Swiss Re proceeding with the transaction ahead the expiry of the 12-month lock-up period under the relationship agreement.
Following the settlement, Swiss Re's holding in Phoenix would be about 6.6% of its total issued share capital.
As a result of Swiss Re's holding falling below 10%, the relationship agreement would cease to be effective, and Swiss Re would no longer be entitled to appoint a non-executive director to the Phoenix board.
As a result, Swiss Re had given notice that its nominated representative, Christopher Minter, would resign from the Phoenix board from settlement of the shares sold, which was expected on 25 June.
Swiss Re also agreed to a separate lock-up of 90 days following the sale with its bookrunners, over its residual holding in Phoenix, subject to waiver by the bookrunners.
"On behalf of the board, I would like to thank both Christopher for the significant contribution he has made since joining the board in July 2020, and Swiss Re for its support during its time as a significant strategic shareholder," said chairman Nicholas Lyons.
MS&AD Insurance Group, whose lock-up period also expires in July, continued to retain a 14.5% shareholding in Phoenix, the board confirmed.
One of the points I was making is that AK share % is now so small along with the other Bods is that they will have no say
Yes your points are valid but most investors are probably sub 10 p and may decide to take a 5p profit unless the SP moves towards the broker estimate If we are still around 6 to 7p after the next trading update then I believe many would take the money and run We will find out in December I hope I am wrong and we jump to 20p plus but after so many years and disappointment I am not holding my breath
Lifted from CPX site last updated June 11. Note over 66% of shares in others hands . It may have changed slightly but a low takeover price considering the weak SP may persuade the 66% to sell out if an offer around 10-15 p was made. Why, lack of concrete news and an SP which is no where brokers estimate of 15p. Have a feeling we are going to be sold on the cheap and AK will not be able top stop it unless Australia has some funny rules on takeovers. My gut feel is that the vultures will be circulating to buy CPX on the cheap and then sell off the IP's to make a profit.Major Shareholders InformationMajor Shareholders % HoldingCanaccord Genuity Group Inc 11.0%Quilter Cheviot 8.0%Ruffer LLP 4.8%David & Monique Newlands 3.0%Other 66.3%Director’s InformationShares % HoldingAnthony Kongats 9,993,666 2.0%Patrick Elliott 8,280,425 1.6%Bruce Grey 6,535,576 1.3%Last Update – June 11, 2021.
Great to see another CAP-XX win for our large supercapacitors!
#alternativeenergy #aut
AK on LinkedIn
The Board continues to treat PI's like mugs. Very unhappy with the way they have looked to fund more capitol . Yes it is all about the future but how about some bloody figures to back it all up and not just brokers views which cannot be relied on