Cap-xx Share Discussion Threads

[royalalbert] 12/6/2021 11:03

Sky take a look at the RNS dated 9th Feb, one paragraph states.

"The Board is also pleased to announce that CAP-XX is now an approved supplier to a global smart phone manufacturer and separately has commenced the formal process to become an accredited supplier to a global Automotive Tier 1 Component Supplier."

Tier 1 automotive supplier ????

[donald pond] 12/6/2021 08:46

It strikes me as the sort of case you need litigation funding for. Get someone like BUR or LIT to find it in return for 30% of the returns. Removes the risk but keeps most of the upside. Given the balance sheet I'd be surprised if they hadn't already gone down that route

[skyracer] 12/6/2021 08:06

Adverse publicity

Probably the litigation is not even on Musk's radar. However, if it is unpredictable for Cap-xx it is also unpredictable for Tesla. Who knows, perhaps a rival car manufacturer will buy out Cap-xx and demand the removal of all Cap-xx technology from every Tesla car ever made. Ouch! The longer this goes on the bigger the hit for Tesla if they lose the case. Its not the money but the adverse publicity that would hurt Tesla in the event of a prominent News report imo.

[greco600] 11/6/2021 22:40

It's a fair point. It's a bit like a game of poker where he is chip leader and can just keep betting, but I think if cap xx hold on they will have the winning hand.

[marktime1231] 11/6/2021 14:44

US litigation, all litigation, tends to delay, and in this case Tesla have been finding ways to stretch things out. A mediation hearing set for September has drifted to October etc. The whole thing could take years and pivot on tiny technical details eg unpredictable risk.

Why would Musk jump in now, he can probably afford any adverse decision against him, so why not wait and see and pile the pressure on Cap-XX. This is an unequal contest of legal resources. And since his background is in ultra-capacitor technology Musk might be considered something of a subject matter expert.

We should not asssume anything about Cap-XX's chance of winning just because they have a plausible claim.

[b3rt1e] 11/6/2021 07:58

Perpetuum which was still part of Southampton University then, was a customer over 10 years ago and the product was being used for remote monitoring in the oil & gas energy sector. DYOR

[greco600] 10/6/2021 11:16

Well the market seems happy enough with cpx

[grahamwales] 10/6/2021 11:11

JH on the LSE board lol. Not into oil and never have been.

The clown used to try and trade CPX and is no doubt still trying

[grahamwales] 10/6/2021 10:33

Peppered

Allenby are the house brokers and have been forecasting profits for CPX for quite some time which has never happened.

Why do you think Murata offloaded supercapacitors. They didn’t give them away because they were profitable that’s for sure.

[pepperedlikeasteak] 10/6/2021 10:25

From Cenkos:
Whilst the cash position is not mentioned and looks tight
from our modelling, we note the company now has significant assets (A$50m of
Murata production lines) and no debt, and so some form of production equipment
lease or revolving line of credit could provide further headroom if needed until
profitable trading which we forecast in H2/FY22.

[grahamwales] 10/6/2021 10:20

Global

Tax rebate due H1 2022. Do you think £300k is going to sustain them for at least the next 6 months.

Your dreaming if you think that’s the case.

[grahamwales] 10/6/2021 09:04

Allenby can’t even get dates right lol

[meijiman] 10/6/2021 09:00

Update Q2 of financial year..which I think is Q4 calendar year. Don't worry though there will be news before then.
There was never any need for more cash raising. In any case the company will be self funding soon.
A very solid update which demonstrates that the Seven Hills transition has gone to plan and there are no quality issues.

[pepperedlikeasteak] 10/6/2021 08:45

From Allenby:
...we expect year end cash of c. A$0.6m with an R&D tax rebate of A$2.6m due in H1 FY22. This, plus reducing losses, means CAP-XX should remain comfortably funded.

[grahamwales] 10/6/2021 08:35

Judging by interims they probably have around A$1 million cash. If losses continue in same vain will need cash within next 3 months.

[joeblogg2] 10/6/2021 08:31

Court update 2nd qtr so any time soon?
The Company continues to pursue its litigation against Maxwell Technologies, a wholly owned subsidiary of Tesla Inc, which is progressing as per the Delaware Court schedule, whilst other licencing and patent infringement actions are also progressing, and a further update is anticipated during the second quarter of the coming financial year.

[globalwill] 10/6/2021 08:27

www.allenbycapital.com/research/research-cpx_48_1505694532.pdf

[globalwill] 10/6/2021 08:26

//www.allenbycapital.com/research/research-cpx_48_1505694532.pdf

Good set of results

[meijiman] 10/6/2021 08:24

Yes would make sense for Musk to pounce now whilst cpx valuation is so low!

[scrutable] 10/6/2021 08:16

Wait until the Maxwell hearing, better still the inevitable judgement, and £1 won't be nearly enough. The share price will anticipate that level long before andd Musk will have to pay far more unless he moves now.

[grahamwales] 10/6/2021 08:15

No change there then. No mention of cash position so guess placing won’t be far behind. If Murata couldn’t make it doubt CPX will.

No point increasing sales if your costs are higher than revenue

[greco600] 10/6/2021 08:02

Big things will happen in next couple of years I think. Just patience needed

[lobo] 10/6/2021 07:57

The easiest solution for Tesla is to buyout CPX. £1 per share would be acceptable.

[peterlowen] 10/6/2021 07:29

No mention of fund raising....