Antonov Share Discussion Threads

[waldron] 01/12/2005 17:22

Antonov launches new two-speed supercharger

LONDON (AFX) - Antonov PLC today launched a new turbo-charger unit at the
eighteenth Performance Racing Trade Show in Orlando, Florida.
The first batch of the Antonov Mechanical Module, a two-speed supercharger,
will initially be delivered through its distribution partner, Wheel-to-Wheel
Tecstar, said the company in a statement.
Additional units are being supplied to Rotrex AS, which will build two
test-cars for press and client demonstration.
"I am extremely pleased to be launching our two-speed supercharger today,
particularly as this ensures a strong approach to the considerable US tuner
market with its promise of healthy sales in the New Year," said chief executive
John Moore.
sd/lam

[crystalclear] 30/11/2005 20:32

Antonov letting shareholders know what's happening ...

[crystalclear] 29/11/2005 13:28

World Champion

[crystalclear] 12/11/2005 22:50

Thanks Billy!

[billyevo] 12/11/2005 19:32

Hi Chaps, ATV on CNBC Monday. Ps. Im in the other camp{TRK}

[crystalclear] 10/11/2005 01:21

I think Antonov would happily settle for quite a bit less than some of the figures we have read (£40m). The reason I say that is that the court case is in Europe and not that many Toyota Prius have been sold in Europe.

However, I have no idea whether a court can rule that breaking the law in Europe means Toyota should have signed a licence and if a licence had been signed, royalties would have been world wide, therefore Antonov are entitled to a worldwide royalty financial sum as a result of breaking German/European patent law.
I also have no idea what sort of punitive damages can be awarded.

I am not expecting much from Toyota. At around £40m market cap, £40m from Toyota would mean today's investors could be getting their shares almost for free. Nice to dream about, but possibly a bit far fetched for reality.

[karldinnel] 09/11/2005 18:11

What about this 40 million quid that the Sunday Express and the Guardian were talking about? Do you think ATV will settle for less in the German patent court? And, if so, how much could they get?

[crystalclear] 09/11/2005 11:17

Everybody is waiting.

The Rotrex superchargers are starting production and Rotrex plan to update their website.
The Toyota court case seem to need some time.
SAIC should be making slow and steady progress towards production.

Sellers are drying up, and buyers don't seem to be prepared to pay any extra yet, so there seems to be a range of about 10 Euro cents where buyers and sellers cannot agree a price.

Quivest have presumably mopped up any loose shares.

I think it's a case of waiting for some news and a bit of a rise in the share price.

=

Graph is looking like a triangle, both long and short term.
The buyers run out of money or the sellers run out of shares, simple as that.
Fundamentals indicate to me that we will have new buyers and it's the sellers that will have to give up.

[karldinnel] 09/11/2005 08:54

So what's happening now?

[crystalclear] 29/10/2005 23:17

SAIC targets 2 mn units in 2010



Tokyo, October 18, 2005

The head of Shanghai Automotive Industry Corp (SAIC) said on Tuesday that China's biggest car maker aimed to double auto production to 2 million vehicles a year by 2010, with revenues growing at the same pace.
Speaking at an industry conference ahead of the Tokyo Motor Show, which opens this week, SAIC President Hu Maoyuan said the auto maker also wanted to develop its own brand during a five-year business plan, selling 600,000 such cars in that period.

"By the end of next year, we plan to have a prototype and then begin mass production in 2007," Hu said.

Also by 2010, SAIC would aim for export revenues of $5 billion, he said.

Last week, Hu was quoted by Chinese state media as saying SAIC aimed to double capacity in the second half of the decade to 2 million vehicles a year -- on a par with the sales volume of Germany's BMW.

Shanghai Auto, the parent of listed Shanghai Automotive Co Ltd, now produces cars through various joint ventures with foreign auto makers, including General Motors Corp and Volkswagen AG.

[mikehardman] 28/10/2005 15:54

...at the Institute's HQ - at 1, Birdcage Walk, London


Curiously, this lecture is not shown in the IMechE's online list of lectures...
But info is available from Taz Khatun on 020-7973-1306

[karldinnel] 28/10/2005 14:54

Where is it going to be held?

[mikehardman] 28/10/2005 14:02

3nov05 lecture: Nick Vaughan, chiarman of the Automobile Division of the IMechE, will be reviewing CVT's position and market share, etc. at the Institute's HQ [snippet from Professional Engineering 5oct05, p.59]
No idea if ATV will be mentioned specifically.
Don't suppose anybody here is likely to be going???

[karldinnel] 15/10/2005 10:08

Crystal. Despite your protestations, looks like the Sunday Express got it right. From today's Guardian:

"On the bright side, if Antonov receives a favourable judgement, stockbroker Dawnay, Day Townsley estimates the company could be awarded between £28m and £41m."

This range is very much in line with the 60 million euros figure that the Sunday Express reported two weeks ago (in fact, there's nothing new in the Guardian piece other than the news that it will take a year before a decision is reached in the patent court). Clearly, the award will not just be about the Prius vehicles already produced, but however many are made up to 2009 (the date the patent runs out) and production of the Lexus hybrid too.

[ariane] 14/10/2005 06:48

Antonov patent hearing against Toyota due Aug 2006; case to cost 100,000 eur

LONDON (AFX) - Car technology group Antonov PLC said its patent case against
Toyota Motor Corp will be heard in August next year. And it said the case will
cost the company a total of about 100,000 eur.
Antonov said Toyota's offer to settle the dispute "does not reflect a fair
payment" for the use of Antonov's intellectual property.
Antonov took legal action against Toyota, claiming the Japanese company had
infringed its patents on the drivelines of its new hybrid petrol-electric cars,
the Toyota Prius and the Lexus RX400h. It said it believes that Toyota has also
licensed the technology for use in other manufacturers' products.
The case was given a preliminary hearing in a Duesseldorf court last month
after talks failed to reach a settlement.
"We would not take legal action against Toyota unless we were confident that
we had a strong case," said Antonov chief executive John Moore.
"We will continue to seek a negotiated settlement but have made provision to
pursue the case through the courts if this proves to be necessary."
[e-mail]
jm/

[crystalclear] 13/10/2005 11:29

I'm not sure I understand the significance of negative equity, beyond the normal interpretation of being financially broke. AEX making a big thing of the negative equity position has resultined in a renegotiation of the terms of the convertible loan.

I think the AEX fear might centre around the idea that companies which have negative equity could end up in the hands of the loan holders rather than in the hands of the shareholders. I have seen that happen to some companies. The expiry date of Antonov's loan is sufficiencty far in the future, that income from consultancy, licence income and royalties will sort it out.
If that isn't the case, what are the Antonov shares worth anyway - so no problem.

The shares are convertible at a predetermined rate, so this is different from just a plain loan, where the companies assets could end up as the property of the loan holders. The danger for Antonov is not the exercised part of the loan, where conversion is at a known rate. As I see it, the danger is that a falling share price might make future exercise of the loan happen at a disasterous rate for the existing shareholders. However, Antonov presumably have the opportunity to raise finance elsewhere. Positive newsflow on SAIC or any of the other Chinese companies, Honda, the Toyota court case, the supercharger, the pulley, etc should ensure dillusion is not catasrophic and the share price holds up _ I'm not saying to current levels, but avoids any sort of freefall.

We are merely dependent on Antonov PLC producing the goods, (if one can say that for an IP company).

With any share opportunities, one cannot expect to see potential one day, and expect the rest of the world to see the potential the day after. These things take time. It's best to forget all the cliches about buying opportunities, averaging down, topping up, etc.

I have however dipped my toe in the water trading Antonov recently, eg from 80p back to £1. It's a 25% gain in share price. With a CFD that required a 25% deposit, its a 100% return, less trading costs, which are significant on a small stake.

It's quite ironic that in percentage/year terms I can make more money by the price being range bound than I hope to make from the company's ultimate success. The reality however is this:-

In order to buy low and sell high, first you have to buy low.
The secret to a successfull long term buy and hold investment is to buy and hold for a long term. Impatience is what gets the better of many investors.

This could lead to another trading opportunity, but I won't be too bothered if it doesn't.

[waldron] 12/10/2005 06:25

Antonov returns to positive equity position after loan note conversion

LONDON (AFX) - Antonov PLC said it has now returned to a positive equity
position after an issue of shares and the conversion of convertible loan notes
into equity.
At a board meeting held today, 800,764 ordinary shares were allotted at
between 1.43 and 1.65 eur each under the terms of existing convertible loan
facility arrangements and also as a result of a debt to equity swap arrangement
with certain creditors.

[e-mail]
slm/

[crystalclear] 05/10/2005 22:30

Antonov sues Toyota
Companies: ATV
19/09/2005
Motor vehicle technology developer Antonov has launched a patent infringement action against Japanese car giant Toyota in Germany.

....




Antonov to sue Toyota alleging infringement of driveline patents

ANTONOV, the automotive technology company, is attempting to sue Toyota, alleging infringement of driveline patents. The David and Goliath legal battle comes after the two companies failed to settle their differences out of court.

[crystalclear] 04/10/2005 15:42

TOYOTA ROW MAY NET UK TIDDLER £41M; FINANCIAL EXPRESS

I am inclided to think somebody has misplaced a zero.
300,000 * $20 = $6m not $60m.