The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
In Paul McGlone's words....
"it will be a material uplift in our business"
"but each of those wins is still a two to three year development exercise..."
"so the earliest real increase in revenues from production vehicles by that logic is FY2023...."
"but what it does is it continues to compound out our booked business pipeline...."
"and that is the real value driver here..."
LOL jazz - wonderful clip but I have no idea where you get the association.
Like most I think it is a matter of timing.
Many think things are coming to the boil while I am inclined to believe we are in a slow cooker. It will still be tender, juicy and full of flavour - but later rather than sooner.
All good in either case.
Also disappointed but perhaps
- because it is summer
- because the high-end models have low volumes. Even the F150 and mach-e are expected by Ford to have only 100,00k DMS units installed in year 1 out of approx 800k sales units - and they don't become "activated" until Sept/Oct
- because volumes/revenues will not pick up in a meaningful way for another 24 to 36 months?
- because we don't know how much Auto returns per vehicle so calculating future revenues is difficult.
- because Aviation is great but there are only so many Simulators - even if we were in 100 it would only be 33m over five years - and that number seems unlikely for 24 - 36 months perhaps?
- because we are told fleet is growing in Q4 - but at what rate ?
Hopefully those in the know can see the future but for the "average PI" it is very unclear (though shining brightly)
It is legit - from Ethiopian Reporter.
The Ministry of Mines and Petroleum has issued a final warning to the Tulu Kapi Gold Mining Corporation, a British-owned mining company licensed to produce and export large quantities of gold from the Tulu Kapi area of ??West Welega.
In a final warning letter to the company two weeks ago, the Ministry of Mines and Petroleum said that the company had sought the funds needed to produce the reserves until June 23, 2013. Has issued a Letter of Notice.
A warning letter from State Minister Simen Wube states that the company will take administrative and legal action in accordance with the Mining Proclamation if it fails to operate within the required time.
The company has revoked its gold mining license in accordance with a decision by the Council of Ministers. Although received in April 2015, it has not been in production for the past six years, according to a letter from the ministry.
According to Article 46 (3) of the Mining Proclamation, if the company does not find the required project finance by June 23, it will take administrative and legal action. He gave a warning.
Article 46 (3) of the Proclamation requires the licensing party to issue a warning letter to the licensee prior to the cancellation or suspension of the mining license. If the delivery is known, include:
The proclamation stipulates that the ministry may revoke the license unless the company that received the warning has not taken remedial action within the stipulated time frame or has given the licensee a valid reason for the incident.
It has been more than 70 years since the discovery of gold in the Tulu Kapi gold mine. Evidence suggests that it was owned by an Italian company in the 1930's. The experiment was unsuccessful, and the gold reserves remained untapped for many years. In 2009, Noyota Minerals acquired a mining license in the Tulu Kapi area, extensive exploration and drilling. Evidence suggests that in 2012, the transition to production began with the discovery of a large gold reserves.
However, Noyota Minerals announced its acquisition of gold reserves in the area and acquired a 75 per cent stake in the company in the year. The data shows that in 2013 he sold it to the current company called Kefie Mineral.
The next 25 percent of the company was transferred from Ethiopia to Ethiopia. In 2015, Kfi Mineral licensed a 20-year advanced mining license to produce and market the Tulu Kapi gold mine.
After obtaining the license, the company made several efforts to enter the market, but for the past six years, it has not been able to produce significant results.
However, the company promoted Tulu Kapi's gold stock, which boosted the company's stock in the global stock market and used it to sell some of its shares.
The company said in a statement issued a month ago that it had not been able to obtain the required $ 230 million for the project, citing security concerns in the ar
Hopefully the submissions (and subsequent approvals) will give it a jolt as they will confirm what the company have been saying. That is Equity Developments view on things in any case.....they will be increasing their valuation, all going to plan....
"....We have updated our valuation for the cash balance included in the trading update and have started to reflect tangible progress in the vascular graft. Our valuation has modestly increased to £115.4m or 520p, from £113.2m or 510p per share. With graft and patch product regulatory submissions on the horizon before the end of the second quarter of 2021 and by the end of 2021, respectively, we anticipate making more substantive changes to our valuation at both these time points to reflect the value added by product advancement and the shorter time to a licensing transaction
Thank you for posting the link isb1974 - I've been out so didn't see the request.
I don't have the technical knowledge to discuss the pro/cons of Cipia's offering.
But a collaboration (if that is what it is) between Cipia and Mobileye in the DMS space could be significant at some stage.
Cipia have said they are partnered with Mobileye for DMS.
" Cipia hopes to differentiate through its relationship with Mobileye. Krzypow said his company is “the first party to integrate” its DMS software on Mobileye’s EyeQ4 ADAS SoC. Mobileye “chose us as their DMS supplier because they realized that they want to offer this end to end offer and to the market,” said Krzypow. "