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Spot on vanilla. This is all about how CPX deals with and attracts new customers and that is a separate skill than R and D. Posters moan at me for being pessimistic. My problem is that I seen it all before i.e. they produce what they say is a world beating project but they cant sell it. There is no doubt Covid-19 could not have come at a worse time for CPX and the acid test will be whether they retain Murata's former clients. Lets hope they can . Maxwell I suspect will run and run as we have an opponents with bottomless pockets. Bur what do I know

There was me thinking it stood for Fxxx Oxx Musk

I agree I saw just one part of it and this related to water getting into a Ustart device, so they decided to replace it with a conventional battery. Are you saying that this failure is effectively the death knell for Truckstart ?

From what I can ascertain Trading the Daimler recall involved putting in a new battery in 584 vehicles with a labour time of 20 mins each. Hardly seems to warrant going belly up but perhaps it was just one of several recalls.?

What I don't get is that part of the summary says "Ioxus will continue to manufacture the same products through Systematic Power Manufacturing, LLC, a wholly-owned subsidiary of Systematic Power Solutions" . That being the case nothing changes so does that mean CPX has to start the process all over again i.e. against the new company? Is this now a legitimate way to get around such IP claims i.e. is it a loophole that is awaiting to be closed or a permanent solution? Perhaps People would tell us?

I think Ioxus has sold its assets but kept its debts. So they simply go bust and there is no money to pay us. Maxwell was purchased as a going concern. Trading has speculated that the Daimler "claim" is the real reason for the sale . I hope he is right

While I have not done any research we have been soundly out flanked by Ioxus . Now whether that was because we were about to win (or was it part of bigger move) I don't know . If it was the former it bodes well as I understand that the Maxwell case is similar. If something else is going on well who knows how it will turn out . Remember OJ

After a successful launch I guess EM will now be a bit of a national hero. I wonder if any US court will now rule against his point of view. Oh well back on my head and back in my box

People. You still haven't commented on your absolute prediction that CPX would go into profit in 19/20. Got that wrong didn't you. The only consolation is that rampers who "understand CPXs products" come and go and do the latter when the realise that they have backed the wrong horse. Still we are now coming into the final furlong lets hope AK proves me wrong.

Iwgrod you take life too seriously. I genuinely believe AK has had his time and is and has not shown the business nounce to drive CPX into profit. I believe he has a sheltered existence for many years and been looked after as a "home grown" engineer. Time now to deliver. The question is how much time? You clearly know much more about the product and its position in the marketplace. but we have heard all this "world class" stuff for years. Bottom line is why doesn't it sell? You believe in tomorrow. The problem is tomorrow never comes . PCO1 don't worry about the tenner I just wanted to make a point ie that with CPX there is "always something" which scuppers their plans. That's I am closing down for a while as we wont hear anything until after H1 20/21

Of course I know how public companies are funded but I look at any company's viability as if it was my own home. It is of course easy for me to build an extension i.e. I can borrow money but importantly I have to pay it back. I believe I recall reading somewhere recently that AK opted for a placing instead of using his overdraft. That's easy you borrow somebody else's money and don't have to pay it back. Yes that how companies work but the more placings that occur the less confident you should be that it will ever be profitable. That's how I see the basics. To me perception is everything . Take it you wont be joining my Fan Club

Lets be clear CPX did not buy Muratas equipment. It was purchased by shareholders putting up the cash and existing shareholders losing value. No real profit will be made until those costs are recovered in profit. It is AKs job to do that

I reckon Tech Tom and Dominic Cummings are the same person

As they say Kencarv Turnover is vanity profit is sanity. Comparisons are only as good as what you are comparing it with. True I have never ran my own business but I have during my life "made money" by making more good decisions than bad . Having said that business is quite simple i.e. earn more than you spend. The difficult bit is I agree achieving that . So far CPXs record shows that since 2006 they have made a loss every year. Is that a coincidence or just plain bad luck ? Still no more I have my opinion and you yours and never the twain shall meet .

Don't need to come up with anything new as each year CPX proves that I am right. Now you disagree with that fair enough. It does not however change the position that so far my version has turned out to be closer to the truth than all the rampers "wish list" predictions. Still I get it you want to hear nothing but sugar coated hype so I will desist for a while . Bye

Iwgrod. I agree its totally irrelevant . The only thing which is relevant is CPXs ability to turn its supposed world class products into sales. In recent years many of us have bought into the hype only to find year after year some reason or another is put forward to explain why things did not happen. This year it is Covid -19 . Previously it was supply chain issues , then the Automotive market is desperately slow at changing , there is always some reason. The point is that we are now hanging our hat on the ex Murata Equipment propelling us into profit. I hope it does but if I was a betting man I foresee another reason suddenly appearing. Ultimately CPX has to produce goods that people will buy. Time will tell

Vogliar believe you me I am not laughing just pointing something out albeit a bit tenuous. This company is a very small fish in a big pond which some knowledgeable posters believe is their next big multi bagger . It is essentially and R and D company trying to convert into a sales company. For the past 10 years it has flattered to deceive with something always happening to prevent it going into profit. Their problem is that they are very poor on communication so nobody other than the BOD knows the true position. The ultra rampers have hung their hat on the company going into profit in 19/20 but this has been scuppered by Covid-19. The rampers have now changed tack and are talking of 10 years ahead. unfortunately at my age I probably don't have 10 years

Seems like it New uncle . I am sure I will be the richest man in the graveyard (eventually)

Hate to say it but the lady who predicted the 2020 pandemic next big prediction was WW3 two years afterwards . LOL

JH thought I would let you know that my AFC are up nearly 50% today and no research done . I did do a bit on Halfords though and decided to invest unfortunately they have gone up from 59p to £1.80 in recent week s. Too late. I suppose now with CPX we will have to wait for next years H1 results in Mar 21. ZZZZZZZZZZZ