Member Info for GLR1990

https://www.bworldonline.com/tech-logistics-start-up-eyes-singapore-expansion/

“With the support of UnionBank and their expertise in dealing with shippers and service providers alike for their financial needs, we really believe we can hit our target aspiration of 500,000 to 1 million TEUs by the end of the year,” Mr. Gonzales said.

All looking very positive at the moment RE prices rising daily, give it another 12 months hoepfully theyre at ATH and USA comma knockin on Songwe hill

They’ve sold more IMO look at the use cases, one of them was for 4000 trucks - we only supplied 1200 originally
Q is how much do we charge per unit, Bosch has all the manufacturing power in the world so could easily (once this scales) improve our margins whilst allowing themselves a healthy deal

I don’t think it would be RNSd unless we had an individual order of Circa 5000-10000 units (over 500K - and who knows if Bosch even want us to be discussing orders, we are in a 3 year Colab agreement and they hid their name for the first 18 months of it)

88 supposedly means big buyer about, likely derived from the old bingo call of two fat ladies eighty eight
Maybe 888 means three fat ladies?
You know what they say, two's company three is a crowd?
A crowd of buyers perhaps???

https://www.miningweekly.com/article/lynas-plans-rare-earth-plant-in-texas-2019-05-20

I am not expecting a big order from these guys, the biggest could be either CropX or Shiptek IMO
Bosch is an outside chance due to their contacts, they could easily supply a major logistics company with the new TLD - but only one TLD per truck, they would have to have a LOT of trucks

So the best bet probably comes from Shiptek, who are targetting 50-80K volume, however many Tetis units you need for this is unknown, it its the contracted 800, or does the UBP investment now turn that number ten fold? a 10K Tetis order would be monumental (Circa 2.5m+) not to mention $3-5 SAS per unit per month, another 300-600K in recurring revenue per annum

Cropx targetting 10K units in 2019, so there could be room for a big order there, last year they only installed 1400 units, so potential for 8600 units in 2019, even at $80 a unit (although I am not sure on full price) that would be a cool 700K + 10K units SAS (even 2 bucks a month is 240K RR per annum)

Zero the same as above

Of course it could come from anywhere, JV techno, ICL, WIMC, Contguard (do they need more units for the AXA partnership?)

But ultimately I would say XLOG/SHIPTEK, CropX and Bosch are the most likely at the moment

ALL IMO DYOR not advice

Looks like everything is coming up Millhouse I mean MKA apart from the share price

The AGM presentations says 9-12 months for the Debt Financing will take 9-12 months in total, is that from the date of the AGM or is that from when they first began discussions? (I believe that was Dec/Jan) which would mean a decision should be made end of Q3 possibly Q4??

**thats not aimed at the BOD thats aimed at the sales teams, which as I mentioned (and it says in the placing RNS) that hopefully most of the cash goes to overhauling this part of the company

The placing did say that it was to intensify the sales and marketing, and we are bringing MB on board, hopefully he is the hard nosed guy to take us to the next level - sales and marketing needs a massive overhaul, if they cant sell these products then they need to take a very good look at themselves in the mirror and ask are they good enough for the job

For once I think time is on the side of MKA holders, the basket price as of now is not very attractive, however we are firmly in a heated trade war between China and the US, I'd say about 1-2 years before mass production of EV begins (and who knows, potentially more wind farms and renewable energy sources too, which are set to increase)

In 12 months time who knows, the RE prices may have shot up and we maybe just maybe constructing a mine at some point in 2020 to capitalise at the right time

Read the Placing RNS - The Directors are proposing to receive Ordinary Shares and/or options in lieu of historic unpaid director salaries and future fees as they fall. The details of these proposals are still to be finalised by the Board and any such proposals would be made subject to shareholder approval at a general meeting of the Company. Further announcements will be made in due course.

I believe Uri has loaned the company close to $500K (maybe more but we paid some back) over the course of the last few years, I would say that interests are aligned and they do not want to dilute their own shares any further however each to their own and this is just my opinion

That has to be very good news for #STAR
The main product of Shiptek is XLOG, in which we supply the Tetis Units (See previous RNS)
If I am correct, the total amount invested is 1.76m GBP?
Their goal was to target 50-80000 Volume after achieving 3000 in the last 6 months of 2018, as this has now been finalised, hopefully we should see some major growth from this partner

Previous: https://business.inquirer.net/266436/shiptek-ubp-in-talks-to-seal-logistics-venture-deal

Quote: "With the support of the Union Bank investment, he said, the company was targeting 50,000- 80,000 twenty-foot equivalent units (TEU) in volume for 2019. The company recorded over 3,000 TEUs in the last six months"

I highly highly doubt that means 50,000 Tetis units, but if we did supply 800 (as per RNS in 2019) then hopefully this does mean at least a decent order for STAR

When is he joining the club at the AGM you think?
How long does it take to do DD on someone you worked with for nearly 15 years

What's going on with the share price here?

I've been looking to build a position (takes me a lot longer than most of you on here!) but really don't get the SP?
So the project is viable as long as nickel is above $7000?

I did listen to a podcast the other day that said nobody is interested in Nickel projects until the price goes above $20,000, I doubt this is true but did make me think will anyone take a chance whilst the price is down around $12,000? If your spending 400m then you need to be very sure that the Nickel price is NOT going to go down below 10K where it could get very risky - I presume this may be the nerves surrounding the share (CF didnt help) but regardless if you believe in Nickel and think the price will rise then this looks like an absolute bargain (Not advice, do your own research)

The assets are truly fantastic and very competitive when you compare the cost to other projects around the world

Could they not just sell the company down and make more than the current MCAP!? Surely someone would bite their hand off to pay 27m for the lot lol

Never quite there for the major orders* that was meant to say not major companies as we work with some very good ones

Won’t take much the MCAP is only 4.5m - Products range from 1-400+ So would only take a 10-20K unit order
Does make you wonder why we never get the big orders though, always part of developing companies and helping them achieve technical goals but never quite good enough for the majors, even though Bosch are involved (and potentially Expeditors)
Hopefully this is the year for the big order

So close together I'd go for an ISA transfer, regardless nice to know someone has stuck 16K worth of STARCOM shares in their ISA looking for a Tax free return :)

Is that an ISA or a transfer?

I think its quite a bunch, something like 15m
Although at this price wont be much conversion
How many are below 6.6p?