Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Inevitable that profit takers will be active here but increase in volumes suggests the weight of profit takers will not be numerous enough to stop the trend. No guarantees in this though. I can predict everything except the future.
The spread has just opened up, just after that suggestion that the seller was done or nearly done. There has been plenty of buying around while the seller has done their business so I'm guessing one or two big buyers out there. Spread opening with the price you can sell at remaining the same but the price you can buy at rising suggest the market maker no longer has a ready supply of stock from sellers so is less keen to sell stock himself.
This sort of stuff is guess work but David Burton did suggest he had City Sources who knew the seller was done/nearly done.
https://www.proactiveinvestors.co.uk/companies/news/213919/seeing-machines-face-tracking-technology-builds-traction-in-multiple-areas-213919.html
P.s. Also happens to mention the link to Bosch we all know, just mentioning as SEE2020 has been talking about the SEE - Bosch -VW link today
Slip away? Depends on what time frame you look at. I look at the chart and see an up trend within an oscillation around the central line and those oscillations generally have higher highs and higher lows . I'd say that line is trending upwards for the last 4 months. But maybe I'm just a glass half-full kinda guy.
Bravery is only needed if you are gambling. Investing is assessing the probable range of values of the thing you are buying and taking a calculated risk not rolling dice.
Cowardice is sitting on the sidelines commentating on the game but not having enough confidence in one's own analysis to take a long or short position.
And a big smiley face on the end so you know I'm just playing
:-)
FotoNation seem to have gone very quiet this year. I think they were taken over by someone who then got taken over/merged with someone else and driver monitoring ended up as a tiny part of a much bigger organisation. Haven't got time to look into it right now. Purely speculation but maybe the group decided driver monitoring was non-core and sold that tech off to Denso. Pure speculation though.
Yep. FotoNation. See page 25.
https://www.denso.com/-/media/global/en/about-us/download/files/DENSO_brochure_en.pdf
I base investments on net present value of future cash flows. Past results are only interesting to me if they help project future results. In the case of pre-revenue businesses, past results have limited value to me.
The Auto business is essentially pre-revenue. Yes I know it has had some revenue already but not the main recurring revenue from mass roll-out. Now we have the roll out coming up, demonstrated best by the launch apparently into the Ford F150, the USA's biggest selling car.
Last year's results will tell us nothing about the future of auto sales or margins. Zero. Zilch. So, for the auto business, last year's performance is next to useless in telling me about the future of that business.
Most SEE investors are here for the auto business but, of course, there are other existing businesses. For those businesses, we already have the H1 results. H2 results will be so clouded by Covid-19 that it will be impossible to pick out from them what is one-off and what can be used to help inform projections for the future. So the full year results will be next to useless in telling me about the future of those businesses.
Agree that it will be useful to be updated on the cash balance but unless it is a long way below SEE2020's A$27m, I won't be very interested.
I don't want to hear that any H2 P&L figures "proves management ability" or "disproves management ability". If most of their concentration was on the peanuts in the P&L in H2 FY 2020, they would have been concentrating on the wrong thing.
I hope that management were concentrating on delivering above expectations for Ford, BMW, Mercedes, GM, helping to lay the groundwork for massive repeat business in the future.
Selling to the Japans OEMs involves an awful lot of legwork and relationship building. I hope they have been concentrating on laying the groundwork with Toyota and others.
I hope they have been concentrating on developing the relationship with VW.
I really couldn't give a *rude word* on 5,000 more or less fleet installs last year and I really hope that is not where the focus of the management has been at this critical time in the formation of the auto business.
We are not buying last year's performance so the results are almost irrelevant. We are buying the future profit from Ford, Mercedes, BMW, GM contracts etc. The most important information we'll be looking out for in any announcement is confirmation of cars launched/launching and progress on further contracts.