Member Info for Mer400

What’s happening in may?

Interim results for the last 2 tears have been released last week in Feb so about 4 weeks to wait.

Up 25% in 2 weeks. Another 25% in the next 2 would be welcome.

Unless they want to raise cash to expand they don’t need to place. We should have around 3 mil in cash, profit this year we should still have 3mil in cash.

Nice steady rise will keep us under the radar, up 27% this year so far. Someone will cotton on eventually.

They are a new company but apparently well funded I imagine the r and d behind the system has been going on longer that the company. Market share who knows are there other products like this on the market if not great if so what benefits does ours offer over competitors. I find it hard to believe a start up which come to market with a product exactly the same of inferior to the competitors if any. So I’m assuming theirs offers better savings do they might get quite a large market share.

Getting ahead of myself now probably get accused of ramping but imagine it they convert 0.5% of the market in 1 year. 250 ships 50million to our revenue.

This could be huge. Even if marine edge convert 2 ships per month it’ll add 4.8 million to our revenue it’s only .05% of the market. Our estimated sales this year is 8.3 million thats without this deal.

We’ve already started shipping these.

10% market share at 200k per ship is 1billion.

Market size around 50000 large cargo ship estimated.

They also expect these modules to sell in the low 100 thousands per ship

Ah they’ve block it I can’t even copy the txt of the document I’ll try when I get to work.

Can’t find the exact text I read but the is is near enough.

https://*********************/companies/uk/electronic-products/cap-xx-limited/research/cenkos-securities/cenkos-cap-xx-ltd-large-modules-ordered-for-cargo-ships/39_fdfd4a61-ac42-4242-9a45-4fb67e3fd4a5/3552c7a3-a94f-4fe3-a653-33343fa9236b

I wonder if they release any figures in February regarding marine edge. They said it would have a significant impact on their year and next which is the first time they’ve said something like this in on top of what we were already expecting.

Good day today long may it continue. Over 5 p by the end of the week.

For any of you thinking there’ll be some big holders buying in the placing think again all these shares were sold over the last few weeks to you guys. Nobody that gets involved in these placing is an investor they are traders, out to make a quick few quid.

I used to say that to myself every time they done a placing. “We’ve got cash now that’ll last us til 201 trial is finished” trial extension another fund raise! Trial extension another fund raise. Trial extension another fund raise. Trial finished another fund raise. Tumbleweed another fund raise. Two tumbleweeds another fund raise.

2025????!!!! this means I have to wait until next year to say "this time next year I'll be a millionaire"

if you sell into the rise you slow the rise, yeah you might make a few quid but if your selling at 5, 6 or 7p. your missing out on the 14p plus Tesla deal, continental, marine edge lithium products etc. I'm holding.