Member Info for Peoplepower1

Newuncle

Personally I expect the share price to stay around 3p for the next six months. Possibly dropping a bit more because of the coronavirus fears. However, if anyone has any spare money then they should be topping up or buying CAP-XX now.

I see CAP-XX being at least 6p by end of 2020. So if you want to double your money, now's the time to do it.

The placing at 3p at end of 2019 raised near enough £3.5 million. The total project cost for the Murata Production lines to be operational is £3.1 million. This leaves about £400,000.

The R and D Australian Government Annual Rebate paid in October 2020 will be approx £1 million (A$2 million). There is also a one off incentive rebate from the Australian Government of £1.1 million (A$ 2.2 million).

As well, there is expected a £150,000 (A$0.3 million) landlord rebate for the new manufacturing facilities.

In total CAP-XX will have £5.75 million. Total project cost is £3.1 million. This leaves £2.65 million for working capital.

Project costs - from page 2 on Allenby Capital's Game Changing Transaction for CAP-XX

The acquisition involves minimal capital outlay (c. A$670k/£360k) that covers the cost of the Murata assets plus an additional piece of third-party equipment (A$225k/£120k) out of a total project budget of (A$5.8m/£3.1m). The balance will be used for labour, travel, freight, training, installation and recommissioning at a new manufacturing facility in Sydney. It should be noted that Murata will assist CAP-XX with the transport and recommissioning of the lines in Sydney and both Murata and CAP-XX have previously successfully relocated manufacturing lines overseas. Management estimates the cost of replicating the Murata manufacturing lines at A$50m to A$100m including the cost of manufacturing knowhow. CAP-XX should also be eligible for increased R&D rebates as a result of the acquisition (c. A$2.0m p.a.), as well as a one-off incentive (c. A$2.2m) and we would expect some lease incentives from the company’s new landlord (c. A$0.3m). The additional funds (A$1.9m/£1.0m) will be used for general working capital and the increased operating cost base required for the expanded manufacturing operations.

Her's the link Coldfeet to Allenby Capital's Research Note on Cap-xx entitled Game Changing Transaction:-

http://www.allenbycapital.com/research/research-cpx_31_3866217389.pdf

Thank you Coldfeet.

I was aware that Newuncle was referring to CAP-XX and not all share prices. However, all share prices are affected at present and will be by coronavirus fears.

CAP-XX has a very bright future once the purchase of the Murata modern automated production lines has been completed, are relocated to Australia from Japan and are operational. These have great potential for CAP-XX to make millions in profit. These will turn CAP-XX from a minnow into a larger company. Profits made from these production lines can be reinvested into extending production further which in turn grow more profit.

If you haven't already read the Allenby Capital Research Note on CAP-XX named Game Changing Transaction, then I suggest you do this.

Regarding working capital CAP-XX have £660,000 in working capital from the placement at 3p at the end of 2019. CAP-XX also has the October 2019 and will have the October 2020 R and D Australian Government Rebates. So, in total CAP-XX will have approx £2 million in working capital to pay for any raw materials needed. I don't see any need for more money to be raised for working capital.

I don't agree Newuncle.

This share has great potential once the production lines are relocated and are operational. This is the time to top up.

The only reason all share prices are going down is because of coronavirus fears. This is how the stock market works.

Well Done You, SouthCumbria

Bottom of Page 5 states as follows:-

"The acquisition of the manufacturing assets has working capital implications and we expect CAP-XX will invest in raw materials in H2 FY20 ahead of the new line going live. The substantial growth in revenue will also expand trade debtors although we assume no change in underlying payment terms."

This is to remind us that Cap-xx will have to buy the raw materials needed before the production lines are operational and that the same payment terms for these raw materials are to be expected.

Cap-xx can't wait till the production lines are operational and then buy the raw materials needed to manufacture the supercapacitors. Cap-xx have to buy these raw materials before the production lines are operational, so they've got all the raw materials in place to start production immediately.

This sounds normal practice to me. I'm sure CAP-XX will negotiate the best terms possible for buying and paying for these raw materials.

Tradingdutchman - I think Jeff Colton's post is marketing because if you look at it again, he has put it the following - Manufacturing in Australia! In my humble opinion the exclamation mark means manufacturing is coming to Australia. You might think differently. Also, it is Jeff Colton's job to get orders for when the production lines are relocated and are operational. The more orders the better.

Claretjay - well done for the copy and paste to remind us about the terms of the acquisition. It's easy to forget.

I posted the news about the Interim Results in case anyone didn't know or had forgotten.

Initwinit - I'm glad you've got it. Some people on here don't want to face up to this possibility and prefer to rubbish me. So sorry if it was too repetitive for you.

CAP-XX Interim Results should be released anytime between 6 March and 30 March 2020.

This is what has happened in past years. Some years it's been 6 March, other years it has been 15 or 24 or even 30 March.

Don't expect anything extraordinary from the interim results and then you won't be disappointed.

In my humble opinion the share price won't start going up until about the end of 2020 when the production lines have been relocated and are operational.

Andylou you really don't understand how CAP-XX works or how AIM works.

CAP-XX is an AIM share and comes under AIM Rules for the release of news, i.e. RNS

It is Patrick Elliot, the Chairman, who is responsible for all RNS for CAP-XX and not Anthony Kongats. This is how it works at CAP-XX whether you like it or not.

We all know already the timetable for the production lines. If there was any change to this, then it would be released in an RNS.

Also, under AIM Rules if there is bad news then companies must release this as soon as possible.

Try attending the AGMs and EGMs then you'll find out CAP-XX works and you won't need to guess.

It's so important to attend all AGMs and EGMs for every share you hold. These are the places to really find out about the companies you've invested in. Ask questions. Never worry if you think it might be a stupid question. No questions are stupid. They're all relevant.

Don't miss any AGMs or EGMs, otherwise, you're shooting yourself in the foot. Write down notes of everything that's said, by whom and always keep these notes. If you don't do this, then you won't remember at a later date what's been said.

I've learnt all this from experience. I've been investing in shares for 30 years and made every mistake you can imagine and more. It's all about learning and being open to learning.

Some people on here will try to rubbish me for doing this. That's their problem and not mine.

I didn't expect a reply from Elon Musk. Did you?

You're so rude.

It's obvious from your reply that you haven't attended any AGMs and EGMs.

Open your mind and try to learn. You'll be amazed at what you can learn.

You really haven't a clue have you JamesHinvest.

When did you ever attend a Cap-xx annual general meeting or an extraordinary general meeting?

If you had, then you would have learnt all this.

The person in charge of RNS is Patrick Elliot, the Chairman. Patrick works part-time and only a small number of days a year. Patrick runs all the annual general meetings (AGMs) and extraordinary general meetings (EGMs). This is how it works at Cap-xx.

If you want to learn how Cap-xx works then attend all meetings. It's very easy, you can do this by phone and it's only the cost of a local phone call. It's not expensive at all.

If you want to express your views about Cap-xx then the place to do this is at the AGMs and EGMs and not on this bulletin board. Posting on this bulletin board will change nothing. Take an active interest in Cap-xx and attend all AGMs and EGMs.

With 24 employees they don't. You might not like that however that's the reality.

if you're expecting RNS to be put out on a regular basis then you'll be very disappointed.

If you're expecting the CAP-XX share price to rise suddenly then you'll be very disappointed again.

This is the reality of Cap-xx.

Take it or leave it. You do have a choice in the matter.

As I said this is a very small company with about 24 employees. They never put out any RNS for the sake of it because they don't have the employees to do this. They have more important work to do than pander to shareholders. That's how they view it. You might not like this view however this is the way Cap-xx works.

There won't be any news until the production lines have been relocated. The timetable has already been provided for all of this so don't expect any more news before this.

I had a small punt in CAP-XX many years ago 3.14. I sold them when they went to 15p. I've gone back in much more heavily because in my humble opinion it's the Murata production lines which will turn Cap-xx from a minnow into a bigger company. It's only the production lines that will do this. Contracts and royalties will never achieve this.

Having your own modern automated production lines is what's going to turn Cap-xx from a minnow into a larger company. Profits from the production lines being put back into expanding the production lines further and further will increase Cap-xx's profits more and more. The production lines are the future and nothing else.

No-one will consider buying Cap-xx until they have the production lines relocated, operational and are making plenty of profit.

Everything else is more wishful thinking.

Cap-xx has only two Board members who are the Chief Executive Anthony Kongats and the Chairman Patrick Elliott.

They are not rich people so don't expect them to be buying shares.

Cap-xx is a very small Company with about 24 employees. They're doing their best and they'll get there.

The Cap-xx share price won't increase until the Murata production lines have been relocated and are operational then we'll see the share price rise on the expectation of profits.

Wishful thinking will get us nowhere. This is about patience and lots of patience.

Coronavirus fears are still affecting the Stock Market and all shares.

The stock market will continue to be hit by the coronavirus fear. All share prices will continue to be hit by this, even where they're not directly affected.

Too many on here may be wishing for too much too soon from the CAP-XX share price. Wishful thinking can lead to bitter frustration and deep disappointment.

In my humble opinion the CAP-XX will stay around the 3p placing price for at least another six months and may well go below 3p because of the coronavirus fear.

My predictions are still 6p by end of 2020, 12p by end of 2021 and 24p by end of 2022.

This is because it'll take time to relocate the Murata production lines, get them operational and make them fully profitable. Once the production lines have been relocated and are operational then the share price will start to increase because investors will start to expect higher profits and will buy the shares in the hope of higher profits. This won't happen until near the end of 2020. Anything else is simply wishful thinking.

Jeff Colton, Cap-xx 's new Executive Vice President for Sales for the Americas, post on linkedin is about getting future sales for Cap-xx's production lines. He's simply doing his job with posts like this.

Okay maybe moaning was the wrong word.