Member Info for Peoplepower1

Life is too precious to let big itches upset you. Filter that itch.

Happy Monday to you too Select64.

It's a beautiful day here, time to get out for a walk, even a short walk in nature does wonders for your body, mind and spirit.

Have you checked it out recently. Worth taking a look.

https://www.boohoo.com/

https://www.telegraph.co.uk/fashion/style/week-june-21st-dressing-became-fashion-category/

And even more - brilliant work Boohoo

https://www.huffingtonpost.co.uk/entry/boohoo-launches-a-section-dedicated-to-21st-june-outfits_uk_6038bb5bc5b60f03d9b3a91a

And more about it

https://www.mylondon.news/whats-on/shopping/boohoo-launches-june-21-outfit-19922489

Well Done Boohoo

From RNS Trading Update on 14 January 2021:-

Notice of results

boohoo group plc expects to report its results for the 12 months to 28 February 2021 in early May 2021.

Inferno - end of year results are due early May 2021. This was in the Trading Update RNS on 14 January 2021.

Inferno - from trading update RNS on 14 January 2021
Demonstrating best practice in action

· Good progress is being made on boohoo's state-of-the art manufacturing facility based in Leicester, expected to launch later this year, which will also provide a hub for community outreach

· Alternative ethical suppliers are being identified as the Group reviews its supply chain across the UK and internationally, focused on setting a new industry-wide standard for ethical supply chains

· Commitment to publish UK tier one and tier two supplier list by end of March 2021, and global supplier list by the end of September 2021, which will both be updated every 6 months

inferno - Boohoo haven't missed any dates for the release of the publication of their suppliers list. UK list is due to be released at end of march 2021. Rest of the World at end of September 2021. This was in the RNS for their last trading update.

newtrader7 - many thanks for your reply.

Regarding the fourth line, the DMH production line, here's a statement from the interim results, the six month results, from last week:-

"The electrode, DMF and DMT production lines are now commissioned and operational, with product shipping to customers. The current output and key performance metrics are currently tracking in line with our expectations. As expected at this stage of production, the Company is continuing to address small incremental improvements and is hiring additional staff for the Seven Hills facility. We expect to see steady improvement over the remainder of 2021. The Board is confident that target outputs and other key performance metrics will be reached by the end of 2021 as initially planned. The commissioning of the fourth production line, the DMH line, is still planned for the latter half of 2021, with production expected to start in early 2022 as time and resources allow and subject to customer demand."

So it may well be as you say that they need more engineers for the fourth line, the DMH line, as per the "hiring additional staff for the Seven Hills facility." The Murata automated production lines are housed at the Seven Hills facility.

Good point obiwonkamani - final year end for Boohoo is 28 February 2021.

newtrader7 - A reminder from past news.

CAP-XX plans to maintain Murata's existing pricing on Murata's small, thin DMF, DMT and DMH supercapacitor product families:

DMT is a high-power, ultra-long life, high temperature supercapacitor suited for extreme applications such as solid-state drives and automotive applications. Due to its thinness, it can be assembled onto printed circuit boards (PCBs).

DMF is a general purpose, very high power, long life supercapacitor that has very low ESR and a wider operating voltage range. It is suitable for high brightness LED flash, high-power audio, smart meters and more. It, too, can be assembled onto PCBs.

DMH is an ultra-thin 0.4mm supercapacitor suited for smart phones, smart credit cards, wearables, 3V coin cell battery applications and other very thin IOT applications.

We know that Murata provided extra stock of all of these to CAP-XX before de-commissioning the production lines. It could be that CAP-XX have plenty of stock of the DMH and don't need to commission the DMH line, the fourth production line, until the latter half of 2021 with production expected to start in 2022.

newtrader7 - any thoughts on the DMH line, 4th production line, not up and running until early 2022 would be much appreciated.

I've posted another question for you further on down and would be pleased to read your thoughts on that too.

SeanT1967 - I like your style

ngninv - world markets are down so everything is down.

The Company has notably achieved a design win with a global Tier-1 automotive component supplier for passenger vehicle door locking and climate control applications and is working on a second project related to data logging with the same Tier-1 supplier as it completes the formal supplier accreditation process. This Tier-1 supplier was previously a customer of Murata.

newtrader7 - would love to know your thoughts on this statement from the interim results yesterday. Also, your thoughts on timescales too for this. Many thanks.

Thank you newtrader7, it's so good to have an 'insider's view" on here, so we can understand it much better.

http://www.allenbycapital.com/research/research-cpx_44_3299704716.pdf

Interesting to note, D Newlands still owns 2.97% of shares in CAP-XX

CAP-XX have bought £100m worth of Murata automated production lines for less than £5m.

There are 4 production lines. CAP-XX have 3 production lines up and running already. The order book is double what it was in January 2020. Demand may outstrip supply.

CAP-XX are chasing Ioxus for nearly US$5m for patent infringement.

CAP-XX will win the Maxwell/Tesla patent infringement because it's the same patent infringement as the Ioxus case which has already been won.

The profits made from the Murata automated production lines can be invested back in to grow manufacturing more and more.

goldust88 - the share raise was in November 2019 and not November 2020. It is now February 2021. The interim results run from 1 July 2020 to 31 December 2020. The share raise was to buy £100m's worth of Murata automated production lines at a fantastic knockdown price of less than £5m. It was the greatest bargain CAP-XX could ever dream of acquiring.

I'll miss you Keepcalmcarryon - don't let the bu**ers grind you down. Keep cheerful. Life's too precious to let anyone upset it for you. Come back soon please. I'll be here. I hope moose2010 will be here with me too. Onwards and upwards. The Three Musketeers. All for one and one for All.