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If you wondered what Brian and Sean do its on the company website. They are on the Remuneration Committee.
“Given the small size and complexity of the Company and the limited resources, the Board has not appointed external consultants to evaluate the performance of the directors and board overall. The Board acknowledges that it is non-compliant with its processes to evaluate the performance of the Board.”
The board appear to see a 30% rise in the SP as a stretch target.
I get issued with company shares each yr as part of an incentive scheme, after 3 year if i’m still with the company the shares vest and they come to me. Before i get them though the scheme administrators sell 40% to cover tax liabilities, i get the rest as shares and can choose to sell or keep.
I assume this is something similar as it says the shares were sold by the scheme administrator. I usually then sell the shares i get, looks like the CPX individuals are keeping. Nothing to worry about is my guess.
Would the third party not be the arbitrator? I thought there was talk of non-binding or binding arbitration being an option rather than going to court.
My guess is it will be settled soon and out of court, believe this is AK’s preference.
Surprised that when Meinhard states his company has 11 signed clients (with 84m in B2B transfer payments), his transfer costs are at least 30 percent less than banks charge and if they gain just 0.1% of current B2B transfer payments market Satoshipay would be valued at close to 1 billion didn’t move the sp up. It all sounded quite positive to me. Maybe next week.
Update on DTransfer
https://youtu.be/pRKV_1GRE-4
Agreed. Maintaining our share in Guild made a lot of sense especially with the big name now invested. Good RNS update today, good to be kept informed. The sky is the limit in valuations for payments providers as these can scale so quickly. GLA
Agreed. I anticipate interest and speculation in Battery Day will increase dramatically up to the 22 Sept. The CPX SP may well increase with this speculation.
Battery Day is a big deal for Musk. The expected game changing announcement (in terms of increased battery performance) involving super cap manufacturing knowhow or patients will IMO most likely prompt other auto manufactures to follow Tesla’s lead. Further buyouts of the remaining independent industry leaders such as CAP-XX, particularly with our proven global IP, would seem likely.
This gives CPX plenty of options if Maxwell choose to drag this case out. Would Musk rather settle the case now with AK or wait until CPX are bought by or aligned with another automaker, possibly with an axe to grind?
This is a time CPX-XX are transitioning from R and D company into a company with serious state of the art manufacturing capability and capacity so I would expect the SP to be rising about now without the speculation around potential buyout/damages award. GLA
The high value of the recent win against Ioxus may have persuaded AK that there is value in investing further resources into pursing the likes of Maxwell. Maybe they would have expanded their legal team anyway.
A settlement could come at any time, I would expect a stronger CPX legal team to make this come sooner rather than later.
I understand the caution expressed by Peggycilla. I have seen the ARCM sp get to 5p, I’ve been in profit and held for the “big pay day” only for the sp to fall back towards 2p leaving me underwater for months. The sp and I then did exactly the same thing the very next yr. We are again heading to 5p + for the third time in as many yrs. I think it’s understandable for people to consider jumping off whilst the going is good (relatively speaking). It’s often rightly stated that nothing is ever nailed on.
I will hold again though, for all the reasons frequently posted here including that Nick & Remy appear very credible. The enthusiasm at the last investors call surprised me, and was a definite change in tone. The fact that ARCM have been reposting the juiciest extracts from the call on Twitter themselves makes me believe they stand by them. I may have judged it wrong once again, but I hope it’s third time lucky for me. GLA
Agreed all starting to come together. I see Dynasty was over subscribed and looks very well positioned, as previous RNS, if Googly are also going to come good its really going to build quickly from here. The more you look into esports the more possibilities there are. Its not often you get to invest at the early stages of something growing so quickly with such big names.
Guild Esports seeking a valuation of around 100 million pounds ($124.42 million) following a 25 million pound fundraising.
https://www.reuters.com/article/us-esports-beckham/beckham-invests-in-esports-with-london-based-start-up-guild-idUSKBN23W1FS
BLU maintained their 11.7% holding in Guild during that last 25 million fundraising. BLU we have early investments in several other esports companies of which Dynasty (BLU hold 13.7%) look to be doing well. Recent RNS indicated BLU intend to maintain this share.
Guild Esports Rocket League Team just won 3-0 and so move into the next round. Watched a few games now, the players and coach are all well thought of by the pundits, to the point they appear surprised if they loose a game. Good to see they have invested in talent.
As welcome as the Ioxus judgment in favour of CAP-XX is we shouldn’t start to believe we are solely dependent on winning court cases for income or news to significantly boost the SP in the near term (as welcome and positive as they are).
AK now has a chunky settlement he can thrust in front of other companies he believes should be paying for our IP. This case may get some thinking long and hard and prompt new licence agreements to be announced in the near term.
Those with short memories may have forgotten that CAP-XX have bought manufacturing equipment from Murata for £1-2 million (a fraction of what it would have cost new) due to be installed and commissioned in Q4 this year. With Murata's supercapacitor production lines CAP-XX will have the capacity to increase production by approximately 3 x and dramatically reduce production costs. The previous cost of production looks to have been a constraint to sales growth. So increased capacity & reduced cost of goods. Not the worst plan and not that far in the future.
Murata have directed their existing customers towards CAP-XX, who will be able to manufacture identical components due to Murata waving any rights. Murata's total supercapacitor sales were running at approximately A$14 million per annum. Some of these orders would be very welcome.
RNS on new licence agreements, sales orders (from new or legacy Murata customers), or settlements could arrive at any time. Obviously the sky might fall in first…. but it might not.