RE: Shareprice4 Nov 2022 13:31
TD-EXTRACT FROM THE CHAIRMANS STATEMENT
Longer term, we are buoyed by the knowledge that our total known sales opportunities (what we refer to as our sales pipeline) remain in excess of US$60m p.a. and without any significant contribution yet from some of the new product families we have recently launched, such as the Lithium-ion capacitors, Truck Start and large cylindrical modules and cells.
Sales opportunities are NOT firm orders. This was revealed for the first time a couple of years back in an AK video. Those opps can and lead to zero income he stated.As I said at the time it is a guess and out of line with their last few years actual outcomes.
as for Truckstart that is what drew me to cpx in the first place-AK bigged up the industry response - how many did they sell?credit card jv?
They overpromise and under deliver- will leave you all to it .Good luck- you will need it
ps I see Surprised continues to say the same thing !he could copy and paste in future !