Member Info for Piemaker

No, market outflows are to high, need something special to move this.

Didn’t Arthur predict this, tends to be fairly accurate, if a little dry. Rampers definitely hate his pragmatism.

RS stock cap xx and are extending the range.

It will be the 2nd kiln firing up, completion of optimisation.

Even better would be next stage of equity purchase.

This will reset fully from June, revenue is already outstripping Sp.

2nd of the four kilns due online(1 a month), as initial gasification is complete to 4 of the 8 kilns.

Holding about 2m in this.

We will se

Sensible estimate

Quicklime with 8 kilns @ 100t day = £36m/year

Aggregates top end £54m/year

Nice numbers @20.5% even better @45%

RNS 22.1.25 aggregate name plate capacity

Confirmation that 30,000t + is monthly production capacity.

Current aggregate pricing R2000-R6000/t or £54-£162t/Current Production = 1.6-4.8m a month @20.5% that’s a lot of cash.

Add in Quicklime, which is also being sold nearer £125/t, turnover at this point is approaching 1m a month for their current share, meaning this is trading at a massive discount, with earnings yet to be factored in to the pricing.

The primary reason for the Sp, June will be interesting.

They will have zero problem funding, and don’t need to dilute to achieve it, as they have said. It’s provisionally in place, hence the flexibility in the time line for equity increase, while they don’t have to publicise it until they action it. The RNS out lining the buy in and equity increase covers this, as to enable the agreed terms the mechanism has to be in place to implement the agreement in full.

Each equity increase funds another kiln via limeco. So my understanding would be; as each section becomes operational it triggers the next tranche of funding. This way they have flexibility while ramping cash generation.

Someone has exited their position, or a large exchange is in progress.

At some stage that flow is going to stop, and the sp is going to pop. Time to make hay, and hope it all stays quiet.

Vanilla is right, for new PIs it looks compelling.

Searching product against distribution partners, checking product placement, very boring, but insightful.

They were a non entity globally, now they have products ranking , with additional lines being added. They have never had the product retail position that they currently have. Anyone that has any idea about manufacturing to wholesale, product placement in relation to sales drivers, knows. I am holding 30m @.12 so maybe slightly biased.

Although if I was a lth my perception would be considerably different.

So at current Sp is there an opportunity?

A buyout has been mentioned on the forum for 2025 @.2-.3

On their last accounts they are valued at 8-9m, sales are up, orders are up, costs are reduced. They generate cash flow, and are geared for high production numbers.

Could further disappointment reduce the Sp further?

Possibly.

In reality they can carry on doing what they’re doing indefinitely, we all get bored. Or, for the first time in a very long time, they have all there ducks in a row.

So Kiln 1 is at least 19 days into optimisation.

Targeted production 80-100t per day, at current sale price in location of $125/t, kiln 1 is producing 8-10k(discount/currency)a day or 2.9-3.5m a year total production capacity.

Multiply that by 8, add in aggregates, you have gross sales somewhere between 40-66m, at decent margins, on and Mcap of 8.6m. Asset has a 70 year lifespan and a value between 1.4-2.1t yield, with the surrounding areas licensed, you can understand why 100m was spent on development. As long as the political stability is there, this should revalue with each completed stage.

The cash flow, and net asset worth will see them easily secure loan financing, exciting times ahead.

Once the sales figures come out we will see why.

Mcap 20m eoy, my gamble, when you can pick up 1/2% for just over 30k why not.

Worst case scenario they continue with only 76% yoy and mcap moves to 12-15m either way I smell a bagger.

Take overs were only potential, the money is being used to fund headcount, to speed up integration, and support back end. This enables projected growth.

Good company, well structured, ensuring solid foundations.

Financial reports will grow the sp.

They are going to be providing a high percentage of global requirements in 2-3 years.

Most manufacturers run a chassis for 4-6 years, with the exception of FMEG. These components are market leading, scalable, and about to start feeding into manufacturers goods.

My 5 year old could sell most of the range against the current competition.

Just keep watching the sales figures.

If ever a share was showing the boredom factor, this is it.

Everyone waiting for that little snippet of news, just to provide signs of life.

The STI’s (Short Term Investors) are reaching end of their attention span, cashing out their final few pennies. Glad to escape the Red Sea of despair, off to look for the next big thing .

Just leaving the LTI’s either basking in a sea of green, patiently waiting for the summer sun, slowly dripping their pennies into the golden waters leading to Nirvana.

While the inevitable news creep's nearer, and a new wave of investors start their GST journey.

Continental is a good start.

Just wait for the feed through from the various distributors, sales are going to steadily increase v prior year. 69% Jan, these numbers are going to keep growing.

Two of my clients switched me on to this, one a garage owner, who has effectively switched from Euro parts to continental, and is certainly sharing how impressed they are, at cost point, and quality.

The other is from a large UK components company reselling product.

As long as they can keep up with production this will move, which is why I have picked up 3m and put a few pennies where me head is at.

Definitely, those who know already have this, the trading updates are going to show extreme growth.

Fun times ahead.

Worked on heavy automation installs, it’s not cheap.

There are so many variables, but a core cost of 1m for parts and installation, use a MRF shed to operate it in, and staff, easy to spend millions.

Lanespark is at 2m, what’s there?

You burn at least 2-3 million before you build a Dmc.