Member Info for OPENSPACES

Thank you Parkez for bringing some reality to the debate. Yes I see the potential and that is why I originally invested so heavily. What I choose to point out is that the expected growth is not happening as fast as was originally indicated and my worry lines are beginning to show. I am genuinely beginning to have serious doubts as to whether they will deliver and I am basing that on their historic record, experience of being here before and a gut feeling. As I constantly point out those are my opinions. It is therefore red rag to a bull to me to hear people constantly going on about potential when it actually means nothing, its sales/revenue that counts (although others point out that it is only growth that matters). As with many things in life its about perception. My perception is that we have had a long period of promises and they have another 6 months to deliver or else I'm out. While I am 50% up I still feel the risk is become higher the longer I wait. All IMHO

If you are so confident about forecasts look at Allenbys record for 16/17, originally they forecast revenue at 8.8m then they revised it down to 4.9m , but it outturned at 4.1m I think? Still its all there facts (or is it guesswork?) !! As the saying goes vanity v sanity.

What a numpty you are TT . Facts are by definition true so please tell how a forecast can be guaranteed as correct. Forecasts are just that an estimate of where you think you be. And obviously the forecaster has a vested interest in telling you what you and they want you to hear. The interim results for H1 indicate that 17/18 will be very difficult to achieve, so lets wait and see how they pan out and see what excuse you make up when they come up short. Your research is fine in that it shows potential. Real life is turning that into revenue and that is happening at a slower pace than was first thought. Whether it will ever happen is $64000 dollar question.

But would you not agree that these new revenue channels have been touted around for sometime now and despite all this H1 revenue in 17/18 was up only 12-13% compared with the previous year but that is not a true comparison as there was a large supply issue shut down in 16/17 which reduced that figure. And of course the loss increased significantly over the same period !! While I agree there are many possibilities even the most ardent of fans would agree it is not happening as was first predicted. After a while the jam tomorrow message becomes less convincing . meanwhile the rampers blame the market makers and supposed trolls for the decline. I say ultimately its the market that decides and that is driven mainly by confidence.

IWTO I am sure Allenby�s forecasts excluded new licence fees. Revenue is due to go up from 4.142m. to 7.844m or another circa 3m in 18/19. Now with royalties at 0.7m this means a 450% increase not forgetting that the AVX fee would have dropped out by then (another 1.83m) so 0.7 to 4.83 (seven fold increase) . Its a big ask but who knows

IWTO thanks. the problem is that break even is predicated on royalty fees going through the roof and quite frankly the forecasted increase is huge and I find hard to believe given H1 performance. TT too true I am panicking I am down �100k from a few months ago , how much are you down ? While I am still in profit I feel sorry for those who bought at 15/16p based on your predictions. For me its only a figure for others in their future

The bottom line is that you are saying that you don�t have a clue as to how much future revenue is likely to be. What you are saying is that there so many possibilities that some of them are bound to come our way. In the meantime, we have to believe that our IP is rock solid, you have to be certain our product is world class (what�s happened to Spire�s follow on order?). You also need confidence that Allenby�s forecasts are accurate. Why because CPX says so, but they would say that wouldn�t they? The fundamental difference is that the rampers see the potential in a share whereas I look at other aspects e.g. how the company has performed historically, what are they like at communication, what the risks are etc i.e. could it all go wrong, are they to be believed etc. Experience tells me that you should not fall in love with a share as more often than not its fails. Personally, I give AK 6 months to start delivering or else I am out as I am less certain than others about �the promised land�. I�ve seen it all before.

OK chaps serious question bearing in mind I know sweet FA about supercapacitors. You all pontificate about the various uses of the above and cite Murata and AVX as major distributors. So, if we take the 100% cake of what they distribute now what are likely to be the potential sales of their much-vaunted new products. In other words, if we take their 100% now how much are revenues likely to increase? I appreciate that to answer this you must know what they produce now and what they are used for and similarly what role the new products will fulfil and the competitors. Similarly taking total royalties revenues how will any automotive contracts compare in percentage terms.

But James, my wife and my dogs love me. Remember next time your wife disagrees with you to tell her what a horrible individual she is. Life should be about opinions and those who resort to personal insults merely demonstrate how insecure they really are. Have a nice day and by the way I would rejoice in a 10% increase but too late for my CGT I fear.

I agree with everything Ben FOGL says but AKs predications around these are just not happening at the rate he indicated . So did he get it wrong or are we just unlucky . Fact is and none of you can deny this, the SP is half of what it used to be. You can all say don't worry we know it will recover but the truth is none of you know for sure

Profit /James. It would seem your vocabulary only extends to two words. But would you care to say what are the projects defined as being behind the placing some time ago which raises 3m I think? Also what would expect a contract manufacturer to do? Does he simply produce the product at a given price per unit or does he supply the materials the machinery or what ?. I am interested in understanding only in one thing i.e. how does CPX make its money. This is unclear , the placing is unclear, licensee income is unclear (AVX fees). There is so much that is unclear. OK I am still invested but trying to truly understand how and what CPX does to generate revenue is difficult to follow.

Well I am sure someone said in a previous posting that the purchase of the plant was funded from the most recent placing funds. Correct me if I am wrong

From a previous RNS. I wonder if we are buying it back ?CAP-XX announced the signing of a contract manufacturing agreement with Nationgate Technology which is located in Penang, Malaysia. Since this time, a myriad of activities have been undertaken to enable Nationgate to commence production. Plant and machinery previously installed at CAP-XX headquarters at Lane Cove has been sold to Nationgate for US$2 million, a premium to book value

Tyler. You can make figures say whatever you want them to, you say up 20% in a year I say down 8p in a couple of months (over �100k for me). One thing that interests me is this purchase of second hand machinery from a previous supplier in Malaysia. The first question is what went wrong with the previous supplier i.e. why do they no longer supply us. If the answer is because they chose not to i.e. not worth their while, then why does CPX feel it can do a better and more profitable job with relatively little manufacturing experience? Surely we are primarily an R and D company. So little information about so many things. No wonder the market is giving its opinion. I truly hope that AK pulls something out of the bag soon as I am getting perilously close to my average price

Well Clare I posted indicating that despite all the ramping the share price had halved and I suspect that someone (no guessing who) reported me. Admin probably responded by deleting everything from the thread. There can be doubt that the SP performance in recent months has been disappointing and like many others I hope all the hype does eventually deliver.

Did anyone notice one of DT's main criticisms of China i.e. the ignoring of IP. I recall mentioning counterfeiting some time but was rounded on. Not being negative but even the most ardent of you must be becoming worried about this continuing fall and new "we reached the bottom now" levels ever other day . I certainly am

Brexit in my opinion was the most short sighted decision made by this country in modern times . When the economic realties hits us punters will have less spare cash and need to realise their assets including selling shares, so there will be less buyers around. Incidentally Scraggs I understand a troll is defined as "someone starting quarrels or upsetting people, by posting inflammatory, extraneous, or off-topic messages in an online community with the intent of provoking readers into an emotional response" . Could not the same name be applied to the many rampers whose over zealous predications have as yet failed to materialise.

Classic we may be scummy trolls but I now see that many observers are now saying that enough's enough . The certainty is beginning to wane. Anywhere else this share would be called a dog. And still I hold, why? Just to satisfy myself that if it blows I will make more than TT. Still I suppose when the full realization of Brexit hits that will drag it down further. Happy days

JH we agree at last

All research and positive postings are speculation. The precise meaning of that word is to form a theory or conjecture about a subject without firm evidence: The last three words say it all to me. So carry on chaps with your �without firm evidence �postings they matter not a jot. What we need is evidence from AK and as has been said before he will give us that at a time to suit his agenda. Spot on Kencarv