Member Info for Peoplepower1

1) CAP-XX Chairman said in the November 2019 Annual Report:-

"The new 3 Volt prismatic supercapacitor product is attracting significant interest especially for products using 3V coin cell batteries and new Internet of Things (IoT) products and is expected to be a significant source of revenue going forward. The development of the 3V product has been targeted to meet demand for small, inexpensive, energy efficient power solutions for thin wearables, key FOBs and other IoT devices, especially those using 3 Volt coin cell lithium ion batteries such as the CR2032 battery.”

The global coin cell battery market was worth around US$4bn last year. Murata has just launched its own new series of 3V coin cell batteries that have huge performance improvements compared to previous products - https://www.murata.com/en-eu/products/batteries/micro/cr/high-drain .

Is CAP-XX technology being used here by Murata given their licence agreement with CAP-XX was extended in April 2016 to include lithium-ion batteries. If so perhaps Murata's royalties to CAP-XX will not fall as much as expected in years to come. Moreover CAP-XX Chairman went on to say:-

"In the future, there is an opportunity to migrate this same 3V technology into larger prismatic supercapacitors, automotive modules and other products for high-energy, high-power applications.”

2) A new "I" series of CAP-XX supercapacitors is due to be introduced from Q1 2020 , and so we'll know much more about these products shortly. Does the "I" stand for the IOT or the Internet or neither? Here again is what CAP-XX Chairman said in November 2019:-

"Given the increasing levels of market interest in CAP-XX's technology and its high-performance supercapacitors, the Company believes that the IoT market, in particular, offers significant opportunities for growth and to reach the immediate strategic objective of CAP-XX operating on a cash break-even basis."

3) Murata's DMF, DMT, and DMH family of supercapacitors form part of the recent transformational deal which CAP-XX concluded in December 2019 and raised £3.4m at 3p per share. The associated machinery to manufacture these products is being dismantled in Japan during Q1 2020, then transported and recommissioned in Sydney, Australia during Q2 2020 with full scale production scheduled from Q3 2020. These products have a current annual turnover of A$14m, and CAP-XX is hopeful of not only retaining Murata's customers but enhancing its own business through rationalising their higher cost manufacturing capacity in Malaysia.

It is no great surprise that Allenby Capital, have pencilled in turnover of A$16.5m, and EBITDA of A$5.4m for their year to June 2022. If as they expect, CAP-XX manage to retain ALL of Murata's turnover, and their new products, particularly the 3V supercapacitor, start taking off then these look very conservative numbers indeed. Last year turnover was A$4.8m and an EBITDA loss of A$1.2m.

https://www.ii.co.uk/analysis-commentary/35-best-growth-stock-ideas-2020-ii510133

https://finance.yahoo.com/news/boohoo-grp-plc-bhooy-upgraded-170005875.html

It's not semantics. You can't base estimations of licence/royalties revenue on total revenue that includes the R and D Rebate.

If you actually bothered to look at Note 5 Revenue in the Annual Reports from 2006 onwards you would see that CAP-XX have always manufactured, produced and sold their own products in their sale of goods revenue. They have always done better in their sale of goods revenue than they have ever done in licence/royalties revenue.

Yes, sadly you are a gambler hence why you lose money on shares. Your posts need to admit you're a gambler and how you calculate your figures which in my humble opinion are wrong.

The answers to your questions are all in the information already provided by CAP-XX and Allenby Capital. I'm not doing the work for you. Learn to do it for yourself. It seems to me you're lazy and don't want to do the work to become an investor.

I'm not a gambler. I'm an investor. I believe in research because I know I make money this way.

You love an audience. Maybe you have an addiction and the rest of us need to learn to stop feeding your habit by ignoring your posts. This may be the only way to help you to learn is to ignore your posts.

Openspaces This is the revenue you have to go on because the total revenue includes the R and D Rebate.

Annual Report 2019 Note 5 Revenue is on page 49

Annual Report 2018 Note 5 Revenue is on page 46

Annual Report 2017 Note 5 Revenue is on page 35

Annual Report 2016 Note 5 Revenue is on page 36

Annual Report 2015 Note 5 Revenue is on page 35

Click on link below

https://www.cap-xx.com/investors/financial-performance/

https://www.cap-xx.com/investors/financial-performance/

Link to all the Annual Reports and Interim Accounts

This is where you'll find your information annie1, you have to look for the revenue in the accounts for the sale of goods. Sale of goods revenue is the actual goods produced by CAP-XX on their own manufacturing equipment in Malaysia.

Underneath sale of goods revenue is the licence fees/royalties revenue and this is the revenue from other companies licenced to produce and sell CAP-XX products. Openspaces, you'll be able to find the actual revenue for licence fees/royalties for every year on this link.

The Newlands have also got a long spread bet of over £3.5 million in CAP-XX

A long spread bet is where you bet on the share price going up.

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You love an audience hence why I didn't bother with you anymore. Your posts are all guesses and generalisations.

I don't take your posts seriously because you do your best to put down researching companies.

Anyone who doesn't believe in researching a company they have shares in is a gambler and not an investor in my humble opinion.

Good to see the RNS today that the Newlands have bought shares in the fundraising. Looks to me they've bought about 6 shares million. Obviously they know CAP-XX is a good investment from their research. You don't because you can't be bothered to put the work in to research. More fool you.

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It's for you to produce the facts on here and not for me to do the work for you. That's just laziness on your part. Your assertions are guesses and generalisations.

Modern production facilities need millions and millions invested in automated equipment for them to work effectively. CAP-XX know this and have tried their best in the past with limited funds. They are now able to buy in excess of $50 million worth of automated production lines from Murata at a pittance.

It seems to me you prefer an audience to doing research.

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Yes it does matter where the money is actually spent otherwise it's more guesses and generalisations.

"Recurring revenue is about 20%" is more guesses and generalisations. It's not facts.

Brokers decide on their own forecasts for a company so it's up to all investors to do their own research and never rely on brokers forecasts.

Don't use distraction tactics to get away with guesses and generalisations. They don't work with me.

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If I've got this right you're saying Allenby Capital got their forecasts wrong. Allenby Capital are not CAP-XX. Allenby Capital are a broker. This is why you must always do your own research and never rely on brokers.

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Royalties and licence fees are both revenue from IP so you can't separate one from the other. "I recall" is not facts, it's guesses and generalisations. "If you go back several years" is also not facts, it's more guesses and generalisations. You have proven nothing here. You have given more guesses and generalisations.

I didn't call you a numpty. You referred to this yourself.

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Posters on here need facts and not guesses or generalisations. For example, explain exactly how you calculated that CAP-XX generates less than one fifth of its revenue for IP. You need to produce the actual figures here if you want your posts to to be taken seriously on here.

Don't use statements like I recall several years ago. Go and do the work needed to find the fact, present the facts and not your recollections about a placing for Malaysia production that never took off.

The problem with your posts is that they are guesses or generalisations with no actual research at all. I have no faith in your posts because there are never any facts in them. They are simply guesses and generalisations.

I never believe anything until I've researched everything fully myself so I don't take any poster seriously who can't be bothered to do this.

I've learnt to do loads of research from experience. This is what experience has taught me. I've been investing for more than 40 years. I've made millions from my investments. I love investing. I love doing the research. I hope to be doing exactly this for another 40 years and making more millions.

It seems to me from your posts that you believe your own guesses and generalisations. This is not learning from experience, this is behaving in a foolhardy manner. For example, you look too much to the past, your example about Rank Xerox and Canon, how many years ago was that? 20, 30, 40 years ago.

I know you think CAP-XX won't deliver. The problem is you don't back this up with any actual facts. All you ever have is guesses and generalisations.

My confidence that CAP-XX will deliver is based on research, going through the actual annual accounts, figuring out how much money CAP-XX have to run CAP-XX, also for the acquisition of the automated production lines from Murata, to get these up and running, retaining Murata's customers and increasing customers.

I have bought all the court documents for the 3 patent infringement cases. I attend all the AGMs and GMs by phone. I research the future supercapacitor market. I never leave anything to chance or luck.

I do the research, present the facts and then give my opinion. If you want to be taken seriously on here then you need to do the same, otherwise, you'll continue to upset people and leave yourself open to be criticised, ridiculed and insulted. Your posts don't sound to me like someone whose mental health is perfectly fine or someone who learns from experience. Your posts sound to me like someone who is cantankerous, over worries everything, does little research, pays too much for investments, takes your anger out on everyone else and isn't willing to learn.

Openspaces

CAP-XX listed in 2006 so it's not 15 years. 50% of patent infringement cases are not subsequently proved wrong. You guess and then make them sound like facts on here.

Here's a fact 96% of patent infringement cases end in settlement.

I can't make up my mind on whether you're cantankererous or you over worry everything or maybe both. You'll make yourself ill, if you haven't done so already, and others too.

For your own mental and physical health and if you care in any way about people then please stay off this board because you're behaving in an extremely destructive and negative manner.

Go out for walks every day, do physical exercise daily, these prevent anxiety and over worrying and will make you less cantankerous too.

As I've stated below CAP-XX have £1.2 million cash for 2020 after all the expenditure needed to run CAP-XX and after the set up and production of the Murata automated production lines. £1.2 million cash for any outcome of the patent infringement cases or anything else.

The three patent infringement court cases are all exactly the same patent infringement court cases. One has already been settled by Cornell Dubilier Electronics (CDE). Tesla Maxwell Technologies and Ioxus are still fighting because they have so much more to lose than CDE. Both Tesla Maxwell Technologies and Ioxus produce supercapacitors on a much larger scale than CDE. I've bought all the documents for the three court cases. I'm impressed with CAP-XX's legal team.

The Judge decides the outcome of the court cases if CAP-XX win or lose. Should CAP-XX lose then the Judge may make CAP-XX pay the other side's legal fees or the Judge may make each party pay their own legal fees.

CAP-XX expect to retain Murata's supercapacitor customers and also add more customers. CAP-XX have a potential to earn revenue of over £13 million with a gross profit of about £8 million. CAP-XX can put these profits back into extending their production facilities and therefore increasing their revenue and profit in the future.

CAP-XX will also be in a better position to negotiate new licences and royalties because they'll have more money to fight patent cases, more production facilities, more money to put into marketing/sales of supercapacitors and more money for R & D. All these will help CAP-XX acquire new licences and royalties which means even more revenue and more profit for the future.

This is a win win for CAP-XX.

It's time to be positive for the future of CAP-XX because in my humble opinion it's going to be a good one.

CAP-XX are at the cusp of a growing market with their own production facilities, great R and D that is being infringed because it's ahead of everyone else with the finances to stop patent infringements through the courts. The Supercapacitor market itself is expected to grow even more from 2020.

I've worked out from the Annual Accounts for 2019 and the fund raising to buy the Murata automated production lines that CAP-XX have £1.2 million cash in reserve for 2020 so plenty of money left over after the set up and running of the automated production lines and also for the outcome of the patent infringement court cases.

Yes Tesla Maxwell Technologies and Ioxus are fighting their court cases hard and doing their best to try to win them. I'm sure CAP-XX expected exactly this from Tesla Maxwell Technologies and Ioxus. I buy all the court documents for the court cases. They're easy to read and you can glean so much from them. I'm impressed with CAP-XX's legal team. They're on the ball and for me they know what they're doing. They have plenty of experience in patent infringement cases. Tesla Maxwell Technologies keep going for a motion to dismiss the patent infringement case against them. This is all about getting more and more evidence from CAP-XX about exactly what evidence they have against Tesla Maxwell Technologies. When you bring a patent infringement case in the USA, you never let the other side know all the evidence you've got against them. The other side do their best to try to find out all the evidence you've got through using motion to dismiss tactics. It's like a cat and mouse game.

Ioxus are doing the same with depositions. Depositions are witness statements and by doing these Ioxus will be trying to get more evidence to help them to try to win the court case. This is all tactics.

All 3 court cases are about the same patent infringements. They cover the performance of the supercapacitors themselves.

Cornell Dubilier Electronics (CDE) have already settled their Court case with CAP-XX. The same Judge is sitting for all 3 cases and he already knows that CDE have settled with CAP-XX. Tesla and Ioxus know this too and are doing their very best to try to win the court cases.

If Cap-XX did lose the court cases then the Judge decides the outcome for CAP-XX. The Judge may decide for CAP-XX to pay the legal costs of the other side. The Judge may decide against this and make each party pay their own legal costs. It's up to the Judge to decide what happens if CAP-XX lose the court cases.

Elon Musk has more things to think about with the future of Tesla and SpaceX than to concern himself with CAP-XX. Elon Musk is used to court cases being brought against him personally and against Tesla.

Stop looking for things to worry about with CAP-XX and go have some fun.

Negativity breeds negativity. Positivity breeds positivity.

It's time to be positive for the future of CAP-XX because in my humble opinion it's goi

CAP-XX share price won't suddenly shoot up. It'll take time. Patience is the key here as is mindfulness, optimism, confidence and keeping calm.

There will be big swings in the share price because CAP-XX is a very illiquid share. Don't take any notice of these because CAP-XX'll get there.

Buying the automated production lines from Murata is a great deal for CAP-XX. They've raised the money to do this. They've got about £3.4 million from the fund raising. CAP-XX are also eligible for increased R&D rebates as a result of the Murata acquisition of approx £1.1 million per annum, as well as a one-off incentive of approx £1.2 million. CAP-XX have at least £5.7 million for 2020.

Be happy, enjoy your new year and stop watching the CAP-XX share price every day. Go have some fun, life's too short to spend watching this share price daily. Your investment in CAP-XX will grow, it'll take time just like seeds take time to grow so will CAP-XX.

The share price was down because there were sells but not 1,000,000 shares sold.

By the way the share price wasn't down 7%. This is the lse website which gets most things wrong hence why you should never rely solely on this lse website.

CAP-XX share price ended at 3.06p which was 4.38% down. CAP-XX share price has big swings in its share price because it is a very illiquid share.