Member Info for perkylad

875 to buy now, something afoot. 70p in 3 days. Lovely!

Yes i think there's a decent risk/reward opportunity here for a potential take out price of 880p. The current price of 805p suggests others are not so convinced tho.
2021 Eps estimate is 46p, so even if a bid doesn't happen the downside is manageable IMHO, especially as the CV19 risk is receeding and events start up again...

https://www.businesswire.com/news/home/20210225005202/en/
...for home deliveries.
Looking forward to a bid then and still a few shorters yet to keave the building...

The price has gone up around 500% to a high of around 650p in the last 6 months and has now hit some expected profit taking and has retraced 10% to 580p region. A pretty great performance in my mind.
I wouldn't be surprised to see more profit taking and i thought about taking some myself last week but decided against it. On anything other than a short term/traders viewpoint this is a solid hold supported by the increasing turnover, cash in the bank and the share buyback. All IMHO

'The Company also conducted a placing raising £1.05 million before expenses, which along with the Litigation Fund and the fee arrangement with Dentons are collectively expected to cover all costs throughout the Arbitration process and has allowed Fox Marble to commence preparations for the formal proceedings against the Republic of Kosovo.'
Seems fairly comprehensible IMHO

Certainly been a big rise in the average daily volumes over the last few weeks.

Just into profit myself too (not including divs), been a long wait mind!
Hardly newsworthy but a nice change from the generally negative recent sentiments here nonetheless.
Tempting tho it is to sell, I think i'll hold for more...

That's a nice result. I'd expect a pause in the uptrend at the recent high around 410....
Most of the recent shorters have backed off below 0.5% which makes for an easier life!
EPS expected to be down this year but rebound in 2022. Happy to take a medium term view and hold for a while...

Yes i believe you're correct that the vanadium doesn't deteriorate and doesn't need to be replaced over the lifetime (25 yr) and can be re-cycled easily. My use of it's price as an initial cost variable was a bit mis-leading in that sense.
However, that set me thinking.
Given that the cost of the Vanadium electrolyte is a large proportional cost of the VFRB (around 30- 40% i think) and given the large fluctuation in cost Vanadium over say, a 25 year period (eg over years 2000 - 2018 the min price of V was approx 2 USD/lb to a max of 26 USD) doesn't that raise the possiblilty the value of the Vanadium in your ailing 25 yr old VFRB could be significantly different to it's initial cost and possibly be worth more than the cost of the VFRB in the first place?
In which case the future price of Vanadium is indeed, a big unknowable factor in any VFRB projects' overall economics?
I'm assuming that the 'old' Vanadium electrolyte is worth a significant price compared to 'new'.

It was a bit of a tongue in cheek comparison because i know they don't have much in common really. I did well from ITM but i sold too early when the price went so high from my 'fair valuation' (which was completely wrong ie low) that i sold it all. I still hold CPX tho. Thus the ITM comparison reminds me how far out i can be when everyone else is driving the price to crazy levels and i don't see why..

Yes the future does look bright, and CPX only just starting to get the same attention that many LTHs have been paying (and waiting for) for years. If you wanna get a smile on thinking about what could happen if CPX goes Goldilocks..
Consider two upcoming energy storage companies..
CPX 2020 revenue £3.59M and Mcap £55M
ITM power 2020 revenue £3.29M and Mcap £3500M !
Ramptastic :)

A cost comparison of the two technologies would be great if it were meaningfully possible without making huge assumptions (eg how much is Vanadium gonna cost in the future? or How far apart is the power source/the storage hill/ the end user? etc etc)
However, if you had the two systems (built/payed for/running without maintenance costs) side by side, the cost of the losses would depend to degree on the round trip efficiencies of the two ideas and could be estimated...
https://en.wikipedia.org/wiki/Pumped-storage_hydroelectricity
..suggests 70-80% efficiency can be acheived for pumped storage and :-
https://en.wikipedia.org/wiki/Vanadium_redox_battery
...suggests VFRB round trip efficiencies of 65-75%
So that gives you broadly similar round trip efficiencies of the two concepts which allows you to say that the cost of the losses involved would be similar, for what that's worth!

Yes Stocks and shares ISA would be top of my list. You currently get £20K a year so if you open one now you'll get this years allowance then another on 6 april. No tax return to fill in on the shares there and that'll be £40K shielded from CGT.

Wouldn't say useless as a substitute. It would require associated electronics. Supercaps are more likely found in tandem with batteries where they perform peak current handling.

Looks to be holding above the recent 12p technical high quite nicely atm. Also a lot of other good technicals for those who are believers!

Projected 2021 revenue £21M, 2022 is £50M . I agree, i wanna see these numbers materialise too...

Good sleuthing guys. These modules are quite something.
The 165F, 48 V module can (in theory) supply a 53 Watt load for an hour, or a peak current of over 2000A and can do this repeatedly, with low losses and with negligible deterioration.
As stated, below, the possibilities are endless...

Yes most small cap tech growth stocks seem to have there resisdent doom mongers. Their negativity under all circumstances makes it look suspiciously contrived...
I have my own theories about such posters but, of course, no hard evidence.

Would like to think there's a (legitimate) reason for the rise but i've noticed an increase in the prevalence of (exuberant) momentum trading recently and that could be an explanation. This stock with it's beaten down SP, but with a large redeeming payoff (samsung) is a prime target for the rumour mill/momentum brigade. Hope something more substantial is afoot tho...

Yes after a good start, the day ended red yesterday so the market was not that overly impressed either. With no divisional breakdown its a bit difficult to assess but going back to the H1 announcement, it states that private jets business trading was extremely difficult, which was surprising given what this article suggests:-

https://www.theguardian.com/business/2021/jan/21/wealthy-uk-flyers-opt-for-private-jets-to-evade-covid-and-lockdowns

I would have thought AIR would be doing ok in this sector. They do state that pricate jet side is improving and so maybe it has picked up since H1 announcement.