Member Info for hunkymonkey

Really interesting post and we'll thought out, I've been meaning to do this for parity between the companies. I've invested in cpx in the past, don't shoot the messenger, but it was once suggested to me that cpx has really strong patents (star doesn't - just what I was told!), this was said before cpx court case that they won on patent infringement a couple of yrs ago. I tried looking into the patents, but it was all beyond me if I'm being honest. The figures need contextualising with the story and product life cycle and upcoming catalysts, cpx could be huge in the ev sector if they play it right, not too sure on the others. On the surface though, it does make an extremely compelling case, but why why why are we so low. For clarity - I'm not in cpx now. But really great post, I'm going to have a look. Cheers

We will see, historically, it's been a rinse and repeat. Although, I hope the biggest boy on the playground is right with his sources about this https://t.co/ulxO2Ar3bN

Heavier selling (for us), mixed with some very small buys to give the impression of balance. Almost like it's being worked?

I don't think spouting about other nameless companies being valued at X10 etc, I find it more beneficial to look at the facts and figures towards star. there is another aspect here that has not been mentioned. Specifically, the product life cycle of the tech, point is the current products have been around for a while now, with the most recent being lokies, and nothing new to be released. So this is what we have to work with, yet within that time there has been nothing sizeable (apart from African Jan 2019) to shift the net profit to positive. So what should a company be worth that costs the share holders approx $1mln per yr be worth? I think $70mln is a little excessive!!??? I know the BoD has supported and we have been protected, but that's because the business hasn't done well enough on its own.
I'll say again, past performance isn't an indication of the future, and if a lokies deal materises for $2mln, everything changes. We all understand aim, and to be in when these types of swings happen is where the true profit is. But to put nameless messages to say a deal of XYZ is on the table is not helpful, in fact it probably amounts to insider trading

PS... If I got those figures slightly wrong, apologies, but the general point stands

It doesn't matter about other shares, what matters is assessing this share. Actually, the net profit got worse between 2018 > 2019 despite the revenue going up. There is risk here, there have been things that could/should have improved, but there is the potential for it to change. Rather than making sweeping statements and trying to discredit posters. My advice stick to facts and try and assess what is in front of us objectively from all sides

Yes, you're right, the sh have definitely been protected by the BoD. How many times have we thought that one deal was coming though!!?? Russian deal, Russian distributor, Russian CFO. I think that's going to be the one out of all of them, think the cropx is more medium term to see results. Good luck

As I typed that message, something occurred to me, the finance arrangement was a big shock and would have been extremely difficult for Igor to arrange, for such a small company. Having been involved finance deals, I'm wondering if future projections were taken into account, i.e negotiations for a lokies order that's currently under NDA? It would explain that, but I generally don't like conspiracy theories

It's hard to talk realistic targets without the company being self sufficient. It has been a VERY long hold. If the net loss can turn to net profit, then I think you can be talking 30mln+ mcap. The beauty of the company is the SaaS, once that is achieved, it's likely to continue thereafter and not slip back because of market conditions like most other tech companies. Then only go from strength to strength. The I know people think I've been negative, but it's only born from I think we should already be there (and I will say so). Something just tells me that, the BoD support + finance arranged = net profit because of something in known in the pipeline. At least, that's what I hope.

I've discount zero for now they only sold 2500 units in the u.s and Europe last year and this year. Very slow uptake in reality

$70,000,000 revenue
$25 per unit (2,800,000 units)
40 acres per sensor (using cropx)

= 112,000,000 acres for reinke

Using the same ratios as crop x

Good balanced chat today, thanks a lot. I'll read more into reinke this weekend. Enjoy your weekend folks

That is how cropx lease their product. That's why originally I had the price of the sensors very low, i.e cost price. It's in our interest long term. Of course if the sensors were leased, I would imagine that we would demand much more of the SaaS payment. Although I did have it in my head that it was "cost price". I'm not sure where that came from tbh

Thanks for that Jax for on a 12500 units it equates $450k tops. But that would pretty much go on the bottom line. My initial thought was that farmers couldn't afford to pay $$$s up front. But add reinke too, if that could be equaled or bettered, conceivably that could be a mln going straight on the bottom line. Add lokies, that might just be enough

The cloud-based CropX platform will collect data such as water content, temperature and electrical conductivity from the sensor

Would SaaS payments be made to star, or do cropx have their own platform??

That information is never released, the company don't want investors and more importantly companies knowing what is paid for products. Bad for business. Also negotiate a higher price upfront for lower SaaS costs or vice versa. The more I look at it, tbf it could be very good indeed

https://www.owler.com/company/reinke

Hope you're right!!! Like I said, total stab in the dark. Hope you're right $250 x 12500 = $3,125,000. That's the type of deal I've been wanting to see for 3 years. That would revolutionise the company and truly make the company worth $20mln-$30mln

$2-$3 pm per sensor for SaaS I reckon. For the hardware, it's slightly more difficult, based on nothing more than guesswork anywhere from $5-$25 per sensor. Or the latter is dependent on many factors.

The number of sensors needed is dependent on the number of acres in your crop, the types of crops you’re growing, the topography of your fields and the soil type and texture. After you’ve registered with CropX and mapped your field(s), we’ll recommend the number of Sensors you’ll need and the exact location of where to place them. Generally speaking, we recommend 1 sensor per 40 acres, but the grower can certainly decide to increase or decrease the number of sensors in use

Equates to about 12500 sensors

an open discussion here, so feel free to correct or challenge where necessary. But I think 6-9 months is what we're talking to either make or break current s.h.

There's approx $250k in the bank (last rns), + $1.2mln credit. But with the net profit currently negative $1mln per annum on average. The figures above won't last long in reality

So if we don't turn a corner within the time frame and turn a profit, either the BoD will need to pump more money in, or s.h will be diluted beyond ever making a profit.

Fortunately, there are avenues which this could happen. Cropx, but more likely lokies. I hope that the loan/credit was just to buy time for the profit to happen. Someone said that we are priced to fail, I think we are and all the info is in the financials why. But if we can turn 1-2mln profit from these deals, there isn't any reason why we shouldn't be looking at x6-x7 current mcap.