Member Info for Wigwammer

The concerning thing is they are handing away just 16% of it, with DC keeping most of the rest for himself. Any management team with a hint of conscience about where the shares are languishing and losing small investors money would have handed over 50%+. This bunch chose not to. Which speaks volumes IMO.

Tend to agree JH. If they were paying £1m for 50% it might just sound ok (just). But for 16% it obviously sucks. Who is the independent director who gave this the nod??!!

So he started this new company in 2020 and now values it at over £6m. And what the hell is it?! Sorry but this just seems wrong wrong wrong.

£1m for a 16% stake??!! And he owns 75% of it!!! Dear oh dear..

And I’ve owned since below 6p. Just imagine what the H1 figures will look like year on year :)

Quick calculations suggest circa 10% year on year growth in CTP in H2, and it sounds like momentum in the order book is building. Reads well :)

Bang on fpvone, and that fits with the first part of jep’s quote. Now read the second part of the quote to understand the probable future. ATB

What was the excellent news? That an analyst thinks sales of energy storage will be 1% of the current market cap in 4 years. It’s gonna end in tears :(

Dogberry. I have listened to the link you posted. A nice exciting narrative. Bottom line - the Cannacord analyst estimates $8bn sales of energy storage sales in 2025 - ie. in 4 years time energy SALES will constitute just 1% of the current market cap. The link does explain the retail interest in TSLA stock though - a hubristic young bloke armed with almost zero knowledge of the industry except what he gleaned from the TSLA website, selling to retail punters with no knowledge at all. Good luck anyways :)

Hi Dogberry - I have listened to an interview with the Canaccord analyst and it’s pretty silly. He states a large driver of the upgrade is his energy storage forecasts of $8bn sales in 2025. So he believes that in 4 years time energy storage sales (NOT even profit) will constitute 1% of the current market cap, and that warrants adding hundreds of billions to his target valuation. By any rational examination, it is pie in the sky nonsense. But to each their own. ATB

But it’s deeply concerning that despite all the “wonderful news” and $3000 target ramps, the stock has no positive traction. Zero sequential growth. The smart money is moving on :)

Koffee. The quote was from bb - one of your Tesla disciples - and dumped on another board last week. All that “wonderful news” and Tesla shares get no positive traction. Concerning.

All this “wonderful news” from one of your resident disciples - and a $3000 price target from ark - and the shares still don’t respond by moving up. Alarm bells ringing yet?

“Thought I should share some of the wonderful news I'm seeing this week :
Tesla releases Q1 2021 delivery results: massive new record of 185,000 vehicles
Tesla Gigafactory Shanghai major expansion initiated
Tesla Megapack batteries (worth $50m) to be deployed at Apple’s California solar farm
Tesla is selling electric car credits to Volkswagen in China
Pilot production lines for Tesla Semi trucks and Cybertrucks likely to be running before year end
Happy Easter everyone!”

The shares are currently below the level of your last “wonderful news” update.. :) ... “Wonderful breaking news - Ark Invest's price target for Tesla in 2025 is £3000 per share”

Pal - I don’t want your calculator. It’s probably the same one you used when working out this was a great investment (at multiples of the current price) .. :)

Another 300k+ of buys, but no price reaction... could it possibly be we have a large seller in the background?!

“Trimmed his position” - he sold 30% of it! Now he’s below 3% he is not required to provide further updates.

We have had two holdings reports in recent months showing insiders with large positions selling large parts of their positions. And on a daily basis for weeks we have seen large buys - including several of half a million shares a time - be absorbed and be greeted with further share price falls. You don’t need to be Poirot to work out therefore that there is a large seller supplying the market currently, and it may well be either or both of the insiders that we know for a fact have been selling in recent months.

It seems two sizeable inside sellers have been dumping for weeks. What non public info are they dubiously trading on that we will find out about after the event?

Dear oh dear, sang. What a fool :)