Member Info for Feeks

Aiming wasn't ramping. We had a lot of excitement in the build up to results. Like me he is probably just a bit disappointed we did not get more meat on the bones and we are now back in waiting mode. More than that we all have better things to do than spend all day posting. I do anyway. I will keep an eye on RNS.

Yes. I think the lorry roof top application is interesting given the requirement for refrigeration and hence engine use - Co2 and wear and tear. That one looks like a no-brainer assuming the kit can be hooked up quite easily. Did you come on board in the recent placing, and how did you get to know about the company?

Thanks Uhlf.
Is that Italy factory capacity per year (20MW)? Also, where does the Portugal factory fits in. I am unsure why they even need it right now...?
Please excuse the questions - and don't think I am being critical - just I have lots if queations and it is difficult to get any information. The EAV electeric vehickes look excellent.

You could write a good sell note for any company, Foxy.! For me this is bottom draw stuff now because it will take time to see out the value, and if you are not prepared to wait for that then personally I cannot see any point holding. But then again I am a long term investor. IMO there are not enough details to worry about anything else, so I will just watch and read the RNS as and when they come. I say 10-12p is at least fair value for what we know right now. Only wild speculation and educated guesswork can fill the void. But for me this is pointless in terms of the personal time it wastes.

re- Nigeria
That was my assumption too, but since it was the only commercial deal where is the revenue coming from to get this out of loss making mode? The next gen tech is also still in development (Paragraf) and some of the commercial applications seem a bit far of too (some of them start ups). I agree on the potential but only far-sighted landlords will wish to spend capital on industrial sites which are currently without paying tenants. Though I do realise that there are large costs of keeping empty buildings which could be lowered with appropriate alternative energy measures being put in place. I have taken a stake just because it is early stage with large growth potential and (now) funded. Do you have info on how quickly the verditek panels can be installed compared to heavy silicone equivalent?

Same as the number of shares in your portfolio Foxy? It's not Peter who is the fooler around here. You stopped posting when this share doubled in value recenly. Why is that?
Also, why do you focus purely on Tema revenues in the 1st year of a multi year contract when those revenues will be nearly 4x higher within a couple of years? If £2.00 is correct then this stock is fairly valued around 10-12p. Do you not ageee? You can answer that simple question surely. .

Uhlf - which target applications do you see as being most likely candidates for early revenues? And why has there been no news on rhe Nigerian deal? Seems a little odd that a second manufacturing facility has been started when there are no commercial orders.

Yeah thanks. Frankly, I could be in either camp due to my preoccupation with DHC.

Not much actually if you cannot trade, long term trend is also down, and you end up fire selling "assets" just to satisfy creditors. In my opinion the debt pile is barely sustainable and the market agrees.

Because of the risk of further valuation declines and possible difficulty in being able to refinance these debts the company has had to acknowledge that "A material uncertainty exists that may cast significant doubt on the group and company's ability to continue as a going concern."

Something you just don't get.
imo

Good luck Gawdelpus. Just ignore the noise and focus on Tema cargo growth - that's where the value lies, as well as the return of Sierra Leone flights.

You should have told that to the person who just sold 4m shares! What are the legacy issues you mention...?

MikeGp - you are correct.
I have reduced a bit but more because this was 75% of my portfolio which is no way sensible and I would not advise anyone to follow that particular investment strategy. DHC can twist that as he likes but my decision is merely because I am disappointed we did not get more hard details, so we are back in the waiting game - plus first baby is due now and work is drying up.... So I suddenly feel the need for a lot more certainty right now. Covid could be good or bad for the company and its prospects - only time will tell. But other than that I think the company is in good shape. In fact I am far more worried about the markets in general - and so I have therefore sold down oilers and miners completely.

Big up Reece. This company is doing okay despite many challenges. It is so easy to knock without appreciating the hard work. Even Apple is a crap company in some people's eyes.

https://www.google.co.uk/amp/s/amp.economist.com/middle-east-and-africa/2020/05/16/why-covid-19-seems-to-spread-more-slowly-in-africa

Busy today so will catch up tonight. Just tuned in amd noticed INTU is down by double digits too. I don't expect that will stop coin and his chirping here though.
Just imo

Right, I have slept off my bad night's sleep. On re-awakening 10-15% drop seems a bit harsh given that we now have, for the very first time , clear confirmation of a profitable underlying business. Unfortunatley I think we might now be locked in at the 10-12p range until we start to see the real benefit of the third berth cargoes drop to the bottom line in H2 (don't forget the costs of operating the Tema contract are fixed), and clear evidence on Freetown re-opening date. I am hoping they will start some quarantine system for new arrivals. Still only 387 cases (not deaths) in the whole country so it will be interesting to see if the Govt want to get things started sooner not later. The vending machine deal ouldnbe pretty useful. A point I made ages ago is that we now apppear to be making a larher number of smaller tech sales- that much was confirmed today. That is useful because it means we are less exposed to the lumpiness of big contracts. Plenty to keep us ticking over for during the next 6 and a bit months.

 
As reported, passenger numbers for our West Africa airport operations were at record levels for 2019 and this trend had continued into 2020 with passenger numbers continuing at the highest levels since we commenced operations until the COVID-19 impact caused the government to suspend flights for a period of 90 days commencing 22 March 2020. the government is currently still working to reopen the airport towards the end of June. 

Mostly stuff we knew, only a few new bits. Most important bit for me was confirmation that the 'normal' covid-19 free business does generate a handsome profit, which is why I imvested. The most eyw catching bit of news for me was a possible earlier than expected resumption of flights in Sierra Leone if the airport does re-open emd of June as stated:
"As reported, passenger numbers for our West Africa airport operations were at record levels for 2019 and this trend had continued into 2020 with passenger numbers continuing at the highest levels since we commenced operations until the COVID-19 impact caused the government to suspend flights for a period of 90 days commencing 22 March 2020. the government is currently still working to reopen the airport towards the end of June."

I am pretty chilled! I don't mind too much really and rest is important for.mind bofy and soul. I trust the validity of my decision-making more than I do the short term share price and the market reaction whatever it is going to be like today.

Yes esduk. I came back here after some wilderness years on Tema news released that Christmas time (2018?) and I don't think I have been wrong to mske that jump. Got my stake build and exit wrong first time having bought this as a £2m tiddler originally years ago now. I now need to stay awake long enough not to miss the 7am bell ! High chance i won't as i need the sleep more....