Cap-xx Share Discussion Threads

[vauch] 12/2/2020 11:57

looks like a 1 code news due

[meijiman] 12/2/2020 11:40

Why not suggest a name change to the management?

[yorgi] 04/2/2020 08:41

Someone tucking away a few moving them into their ISA by the looks of it.

[meijiman] 15/1/2020 10:46

Good posts bomber..keep up the good work! Along with the new man in Europe it looks as though cpx is becoming more sales focussed. Not before time as the revenue line seemed to be lagging.

[bomber13] 15/1/2020 09:58

CAP-XX has just appointed a chap called Jeff Colton executive vice president of USA sales , and what is most interesting about him is that in his last job he worked for Ioxus , who CAP-XX is suing for patent infringement , as senior VP for global sales . He has an excellent CV ( see link below ) and even sponsored the Ioxus patent for U-start , their automotive stop/start product , which is still pending . Jumping ship at this time with his knowledge and experience , and to a lot smaller a business like CAP-XX , carries its own telling recommendation .

Were Ioxus now to settle out of court and subsequently become a licencee of CAP-XX , it would convey a very strong message to the market and to other supercapacitor manufacturers that CAP-XX's intellectual property is absolutely bullet proof . This will hopefully not be lost on Maxwell , now Tesla , who CAP-XX is also suing for patent infringement , and is considered one of 500lb gorillas in supercapacitors .

[drebb] 14/1/2020 13:46

Twit, go away.

[costax1654x] 14/1/2020 08:47

? #orm hmm!5-6 mil cash + gold assets ,no Debts all for 3 mil mcap!!!?

[ttreb] 13/1/2020 23:32

looking more and more like the bottom is in?

[bomber13] 13/1/2020 08:47

We all know that 2020 is an absolutely critical year for CAP-XX . But , interestingly enough , it is not all about the recent transformational deal with Murata .

The new product flow from CAP-XX gives us the clue -

1) A first of its kind 3V supercapacitor has been developed by CAP-XX , and , as expected , started shipping in Q4 2019 . Here is what the chairman said in his November annual statement - " The new 3 Volt prismatic supercapacitor product is attracting significant interest especially for products using 3V coin cell batteries and new Internet of Things (IoT) products and is expected to be a significant source of revenue going forward .The development of the 3V product has been targeted to meet demand for small, inexpensive, energy efficient power solutions for thin wearables, key FOBs and other IoT devices, especially those using 3 Volt coin cell lithium ion batteries such as the CR2032 battery " .

Thanks to a poster on the LSE board , we know that the global coin cell battery market was worth around US$4bn last year , and , of perhaps greater coincidence and significance , we also know that Murata has just launched its own new series of 3V coin cell batteries that have huge performance improvements compared to previous products - . The million dollar question is whether CAP-XX technology is being used by Murata given that their licence agreement with CAP-XX was extended in April , 2016 to include lithium-ion batteries ? Let us hope so , and , if so , perhaps Murata's royalties to CAP-XX will not fall as much as expected in years to come ?

Moreover , the chairman goes on to say - " In the future, there is an opportunity to migrate this same 3V technology into larger prismatic supercapacitors, automotive modules and other products for high-energy, high-power applications " .

2) A new " I " series of CAP-XX supercapacitors is due to be introduced from Q1 2020 , and so we will know much more about these products shortly . Does the " I " stand for the IOT or the Internet or neither ? Here again is what the Chairman said in November - " Given the increasing levels of market interest in CAP-XX's technology and its high-performance supercapacitors, the Company believes that the IoT market, in particular, offers significant opportunities for growth and to reach the immediate strategic objective of CAP-XX operating on a cash break-even basis ".

3) Murata's DMF , DMT , and DMH family of supercapacitors form part of the recent transformational deal which CAP-XX concluded in November , 2019 , for which the company raised £3.4m at 3p per share . The associated machinery to manufacture these products is being dismantled in Japan during Q1 2020 , then transported and recommissioned in Sydney , Australia during Q2 with full scale production scheduled from Q3 . These products have a current annual turnover of A$14m , and CAP-XX is hopeful of not only retaining Murata's customers but enhancing its own business through rationalising their higher cost manufacturing capacity in Malaysia .

So , the news flow this year will not be all about the Murata deal , and the above gives you a flavour of the overall momentum building within CAP-XX . Therefore , it is no great surprise that their brokers , Allenby & Co , have pencilled in turnover of A$16.5m , and EBITDA of A$5.4m for their year to June , 2022 . If as they expect , CAP-XX manage to retain ALL of Murata's turnover , and their new products , particularly the 3V supercapacitor , start taking off , these look very conservative numbers indeed . Last year's figures for comparison were turnover of A$4.8m and an EBITDA loss of A$1.2m ,

[vatteton] 07/1/2020 15:00

So, how old do you have to be, Vince??

[vinceelliott] 07/1/2020 12:16

Being an old codger myself I have no problems with either slippers or a company managed by people younger than myself.
Battery development has been ongoing throughout my working career; I remember the 24/7 support team at Redcar, 1975, having battery packs that were bigger than the phone, so you had to carry two large holdalls around with you.
If Congats and co. have been around in this field since that time then they have a depth and width of experience that is invaluable to them, the company, their employees, their clients etc..

[meijiman] 07/1/2020 11:38

Seems as though the company should not be managed by these old codgers. Surely this high tech space needs young blood who are on top of the story and its potential- not those who are wondering where they have left their slippers?

[bomber13] 07/1/2020 11:00

Following the recent placing at 3p that raised £3.4m to buy Murata's supercapacitor assets , Ruffer Llp has become a new shareholder of CAP-XX owning 7% of the equity ( see today's link below ) , which means the institution took around 1/3rd of the stock on offer .

Ruffer manage around £20bn of funds , and have built their excellent reputation around an independent active no nonsense long-term style of investing . Their mantra is consistent positive returns regardless of how financial markets perform , and their current asset allocation model is fairly telling - 31% index-linked bonds , 10% cash & 7% gold and gold shares . Therefore , it is a great credit to CAP-XX that it passed their current highly risk averse approach .

Yesterday , we also had confirmation that David Newlands has increased his CAP-XX stake in the placing from 5.3% to 6.5% . He has built his own reputation around successful UK small cap investing .

The directors of CAP-XX now own over 5% of CAP-XX , and are all over 60 years old . The CEO and founder , Anthony Kongats , is 61 and owns 2.3% of the company .

Fingers crossed that the 3p level is now the absolute floor of the CAP-XX shareprice , and that the decommissioning , relocation and recommissioning of the Murata supercapacitor assets all go according to plan , thereby transforming CAP-XX into serious profitability in their financial year to June 2021 , as expected .

[wisecat2] 13/12/2019 12:53

Aussie Proactive interview with Kongats



Research on Allenby Capital website shows things ramping up 2021/2022

[charker] 09/12/2019 19:24

This has such an echo of MDW. Small company, shares collapse from 12p, buy equipment similar to what they sold from larger company that couldn't make a go of it, bring all that stuff up to date using shareholders money. When everything is sorted they sell the whole company back to the larger company having lined their pockets with very cheap shares (2p) and sell it at (6p). Long term holders sat with shares at 8,9, 10p screwed over.

[global nomad] 07/12/2019 08:44

offer for subscription now showing on my trading account at 3p...

[yorgi] 06/12/2019 08:42

Someone appears confident buying 350k.

[global nomad] 04/12/2019 08:05

keeping an eye on developments as a holder but really waiting for the share to follow the recent rerate of many shares in the new energy field - ITM, AFC, IKA in particular which have been in the doldrums for years but perhaps the stars are now beginning to align...hoping the same opportunity is coming here.

[charker] 29/11/2019 19:45

Hope you're right, I'm well under water on these. Might be dead before we see any profit the speed they go at.

[bbluesky] 29/11/2019 19:20

Game changer is Allenby's research headline. Interesting read and buying $100m assets for $300,000 Aussie with subsidies galore by taking it to Oz is definitely a big strategic move. I would think that previously they haven't had the means to go it alone, hence the licensing. Risks of course, but maybe finally they could be printing money, albeit jam tomorrow.

At the end of the day Murata have other ambitions and are happy to car boot all this. Makes CPX much more attractive for a TO, so many +ves.

[tradertrev] 29/11/2019 14:55

Certainly doesn't seem like Murata will be selling many supercapacitors in future and paying CPX royalties on them. Would be highly illogical for the technology provider to also be the contract manufacturer.

[charker] 29/11/2019 14:45

Why are murata selling their production line? They are not selling enough to make it worthwhile? What makes Capx think they can do better?

No benefit until third quarter 2020. What are they bringing it over in, a rowing boat one nut at a time?

Not good enough.