Member Info for Diversified

Can anyone add color to this (added here too hoping someone knows more)?

Page 12.

hxxps://saietta.com/media/un0j54cz/sed-update-presentation-october-2023_website.pdf

“Saietta is also progressing towards successful completion of an aftermarket contract manufacturing project to be undertaken at the Sunderland manufacturing facility.”

Then from the November presentation, page 14.

hxxps://saietta.com/media/32iht5m2/notice-of-general-meeting-december-2023.pdf

“Contract manufacturing of Electrical Steering Pump”

What is this? I’m struggling to find any information on it, only for it to add revenue to its Sunderland operations, £58m in just under 4 years according to companies internal forecasts.

Great spot on Ayro order.

Their will come a time when these updates will drive the share price performance here.

Unless I am getting the wrong end of the stick, Saietta VNA isn’t going anywhere, Annual production capacity is 150,000 units with scope for further expansion, it’s the foundation to cost effective production per unit given the reduced cost of transportation to and from suppliers and client. Plenty of annual capacity remains until OEM 2 comes into play with its 5 year 800k minimum expected unit forecast, at which point I don’t think anyone would be worried about financial expansion.

Let’s hope that these motors take the market by storm and the minimum expected quantities are significantly exceeded.

I understand that the share price reflects a need for the company to deliver. However when putting all available communication together, in addition to further contracts for new product lines, full production is coming.

Company working capital requirements through to the end of March 2023.

Page 14, Notice of General meeting presentation

https://www.saietta.com/media/32iht5m2/notice-of-general-meeting-december-2023.pdf

The company will be in a strong position with clear visibility over its near-term, de-risked commercial pipeline. Putting it in a stronger position to secure future funds on the most favorable terms.

Q&A with Tony Gott (03/08/2023)

From 17:15

https://youtu.be/kPwFvNMdhlk?si=qzqOmmVDff4l9ogA

Normal OEM methodology, we will get an initial order for quite low volume, a few hundred units, with the contract operating for 3 months and that is against a backdrop of the forecast for next year.

Confirmed as eDrive supplier to Indian LCV (27/09/2023)

https://polaris.brighterir.com/public/saietta_group/news/rns/story/w9mmpgx

The customer is a global OEM and one of the largest manufacturers of light commercial vehicles (LCVs) in the Indian market. The purchase order covers approximately GBP420,000 of systems for the first three months of production. However, target volumes indicated by the client for the first year of production is expected to generate revenue for Saietta VNA in excess of GBP11.2 million.

Full year results ending March 2023 & Operational update (19/10/2023)

https://polaris.brighterir.com/public/saietta_group/news/rns/story/w17pj6w

“In October 2023 production of the AFT eDrive for the Lead OEM commenced in Delhi, India at Saietta VNA's all new 33,000 sq-ft factory.”

Saietta VNA partner (20/12/2023)

https://m.youtube.com/watch?si=xPHbREiq-8YZEMsZ&v=AO6_SB-kX_c&feature=youtu.be

SED joint venture partner recently stated that the AFT will be in full production from February.

So my point is, following normal OEM processes, and with production having started in October for the initial purchase order on the 27/09/2023, at some point in January we can expect a further RNS for the forecasted larger backdrop of full scale production for this associated order. With the same that can be applied to the additional purchase order (13/11/2023). What appears to be a transformative first quarter for SED, at these all time lows, the bear market has gifted us with one hell of an opportunity imo.

For anyone who hasn’t read it, it is really worth a read. I believe the company are confident of significant commercial traction over the next few months that will elevate the companies fortunes both on and off the stock market. Self imposed deadlines of March 2024 are likely to beaten, of which several transformative milestones are lined up, including a second relationship with a new OEM.

As it stands we really are a sitting duck to a potential takeover bid. Yasa Ltd’s takeover price speaks volumes without the same level of commercial traction that the directors appear confident of here. If we are truly about to come out of a bear market, this can only help our cause.

Interestingly “the company is already in initial discussions with commercial/strategic customers re future funding”.

Give it a read.

https://www.saietta.com/media/32iht5m2/notice-of-general-meeting-december-2023.pdf

TRQS, thank you.

Your thoughts on the product itself? Competitive advantage over competitors etc?

TRQS, having read your posts, all of which are on SED, can I ask your professional background? Understand if you don’t want to share, but I would find it of interest.

Inbound

Https://www.youtube.com/watch?v=B59yZPPUqGw

14:15

When discussing the big 4/5 OEM’s in India, he references the agreements with one and the OEM’s and a second that is soon to be ratified.

With the AFT eDrive already in production, I would speculate that a large PO is imminent.

Https://www.proactiveinvestors.co.uk/companies/news/1035751/saietta-group-s-indian-jv-says-new-production-base-is-now-full-operational-1035751.html

Strange announcement with no RNS.

Https://www.reuters.com/business/autos-transportation/indias-bajaj-mahindra-post-strong-jump-nov-auto-sales-festive-demand-2023-12-01/

Purchased for c.£190m in 2021, without the low unit cost mass production potential that SED has to offer. £28m market cap, I intend on build a sizable position as fast as I can at these prices.

It’s the advanced negotiations with a second OEM for the 2 wheeler body type and the forecasted 800k units over 5 years that would help take this to the next level, over and above the current outstanding progress with OEM one. With this and the PO’s for OEM one, solid revenue cannot be ignored and it isn’t outside the realms of possibility that the next run of finance before being in profit from March 2025, would be in the form of debt.

It’s the current finance that was overhanging the shares that has now gone. With a market cap of £28m odd, given the outlook, what an opportunity.

Can sell entire position at offer price, very rarely seen. They want stock to fill a position as next news promises to generate a substantial rerate.

23p paid.

Took a starter position yesterday and it took forever to fill and was displayed as a sell. Very excited about how undervalued this is in comparison to its prospects.

My point exactly, opportunity!

What is really encouraging here, is that imo the share price has been oversold based on a lot of negative sentiment from certain troll’s associated with the continuation of this drilling campaign.

However, encouragement should be taken by these self imposed questions being answered by the rig being fixed and the drill bit spinning. Thus contributing to an elevated bounce from these levels.

I for one have certainly viewed this sell off as an opportunity.

Although HE1 have to go about proving the basin themselves, to vindicate an investment in the company. It is my belief that Noble are in the process of de-risking the entire basin. Todays announcement, “Early indications are excellent and consistent with the results to date at Mbelele-1.” Can only be known as a result of “The wireline logging and sampling program is currently underway and preliminary results expected to be available in the near-term”, being further down the line than would normally be the case. Why else would the directors not wait to lend the business money prior to these results.

With the fractured basement now appearing to provide the same results as HE1, in that the helium shows increased with depth, should free gas samples be obtained from the basement it’s game on for all as a proof of concept.

It’s not about the day to day share price at this point, it’s purely and simply about confirming an official discovery to keep the money flowing into the basin to further prove up Tanzina as having a strategic helium basin. It’s share price will follow, and I’m now more confident then ever following Nobles latest RNS.

All about fractured basement

Vat rebate on confirmation of revenue according to 2022 annual results for which we have already accumulated over $500k of potential rebate prior to this campaign.

It stresses either how confident noble are of a commercial discovery, and or a change in rebate structure with Tanzina, but yes, does demonstrate another form of potential finance.