Reality check AB / AFC4 Apr 2024 17:53
Development process - seems to be on track - good (no real data)
Sales - not real (we have a products since 3 years, not my promise) , sales to own JV / who knows -failure till now
Volume production ramp up - looks like failed or delayed, expect 2026 probably
Pps of shareprice , don’t forget the BOd and CEO job is to return shareholder value next to running the company properly - total failure
Brining the company to break even - failure yet with no sales
So a CEO with this performance would long have been fired !
The company is undervalued as a statement is a joke into the face of investors, specially not knowing the reasons - it’s simple Mr Bond : not speaking and informing investors, not being visible and accountable leads to this. Setting targets failing again and again to deliver on outlooks leads to this.
Fact is the market does not believe any jam of tomorrow after failing again and again anymore and we have no serious institutional investors or big players having any interest, because if they would the pps and volume would be up !
So checksh@t and other, blame me, blame others, say we lie and whatever , BUT the market tells you a different story you can not turn to your rosy i am in love with bond !