Looking at morning behaviour, there is no way this market can digest what the sharks want to dump onto others.... MA05 is cutting below MA20 soon.... the 2 rounds of dumps&pumps doesnt work off --at best 20%...
IF they continue this fruitless and ENDLESS tactics, price may just collapse like XOX AT etc......
They may have NO CHOICE but to "BITE-THE-BULLET" , put in more doles , and RAMP IT HIGHER UP further b4 the price structure collapse...
Pursuant to the said Article, the Company wishes to provide further clarification to some of the contents stated therein.
Firstly, the USD300 million order book involves the supply of various products, namely ultra-capacitors and super batteries, out of which approximately USD230 million is attributable to the KONE contract. Based on the cost structure relative to the selling price of these products, an average gross margin of approximately 40% could be derived therefrom.
Apart from the above, there is potentially another USD250 million worth of prospective contracts involving the supply and installation of ultra-capacitors and super batteries, which are currently under negotiation. Notwithstanding that, the Company has been consistent with the position that its challenge is getting its production lines ready for its current KONE contract and that any conclusion to the negotiations for those new contracts will have to be after the production capacity is resolved.
Should operational reformation and revamp plans progress according to schedule, revenue contribution from the ultra-capacitors and super batteries business will account for approximately 20% of the overall Group’s consolidated revenue, including that of its metallurgical coke, for financial year ending 2021.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Hanwen Yeh
957 posts
Posted by Hanwen Yeh > 2020-12-17 12:51 | Report Abuse
Looking at morning behaviour, there is no way this market can digest what the sharks want to dump onto others.... MA05 is cutting below MA20 soon.... the 2 rounds of dumps&pumps doesnt work off --at best 20%...
IF they continue this fruitless and ENDLESS tactics, price may just collapse like XOX AT etc......
They may have NO CHOICE but to "BITE-THE-BULLET" , put in more doles , and RAMP IT HIGHER UP further b4 the price structure collapse...