They still have testing on the regular CC and I believe we will also see testing in the large diesel engines. The metallic filter news will lift all boats here. Hang on this story is just starting. OEM deals could come next and that';s when this takes off for good. Company secured $11M in financing. It was a necessary deal, that lays to rest money issues for a year. The company kept the share count under 20M shares and 1Q16 they will turn a profit corner.
Losers like Grandslammer and dbtunr are a dime a dozen.
Actually I started buying this stock a few weeks ago. I suggest you take a look and I'm not a robo pumper like the first two here.
Growth trups everything. CDTI has Durafit with fleet deals and soon CARB approval. Many of the newbies are clueless about what this company avenues of revenue could be. I'm here to set the record straight. No after market DPF has been approved by CARB. In November they have scheduled a decision on who get's access to CA. This is huge and CDTI would benefit with DPF sales and installations of DPF filters at all there previous centers that once did retrofits. A retrofit was a filter for a diesel vehicle that was built prior to 2007.
The DPF market is expected to grow to $3B market by 2017. These filters cost about $7K to replace and CDTI could grab a nice chunk in their back yard.
Honda has used CDTI for the past 8 years and in that 8 years, not a single recall or failure. They build a product that works.
This news has lost a little of it's details. I believe CDTI will exit the manufacturing of filters business and move to a materials handling company. AP exhaust could step up and buy the plant in CA. This makes a lot of sense. AP has the background and builds a great product. This looks like a great fit.
This company could also immediately start with the DOC filter which the EPA tested recently. This was a nice vertical play by CDTI, to land a manufacture of after market filters. Testing will be shared cost. CDTI can supply them the powder. If AP as to coat filters with PM and they can get the same results with 90% PM's, this is a win/win.
This is a $4 stock, if they can get to breakeven. This is one of those steps. At the same time the Durafit market is taking off. The fleet deal is in place.
Acura had a total of 6,720 vehicles sales in NA compared to last year selling 1,954 in May. Honda had a great month also. Revenues need to cross the $11M mark, think this is a easy accomplishment and would not be surprised if they do $11.5M with 30% margins.
$1,760 the industry spends per 3ft of coating the under floor filters. Compare that with CDTI only costing $62. If they used more platinum, then this figure is very conservative.
Then show the trades. How is it that dbtunr and gs can brag about things that they wish they had done. like missing out on buying CDTI at $1.41? You two are the only idiots not to make a profit here and posted for two years. Kind of pathetic when you think about it.
GS show the 15K share trade yesterday, dbtunr how about your pathetic 2k trade yesterday.
Dbtunr cannot even add and multiply. The news yesterday was that CDTI would save the OEM's double digit on the under floor filters. These first filters are the size of a baseball. If CDTI can save the industry $20 a vehicle and they sell 88M cars a year, the math is huge.
Maybe. But now that financing is out of the way, they can concentrate on the bigger picture. durafit and landing OEM's. That's when this takes off.
Initial test results (CDTI) for the Spinel catalyst showed that OEM performance could be achieved using two grams per cubic feet (2 g/ft3) catalyst loading on under floor systems for a 2014 Buick Regal 2 liter turbo charged engine and for a 2014 Toyota Camry with a 2.5 liter 4 cylinder naturally aspirated engine.
The normal catalyst loadings used on the cars are 59 g/ft3 on the Buick and 22 g/ft3 on the Camry. The lower loadings represent a significant cost savings to the automobile manufacturers and the spinel catalyst has the potential of being a lower priced material with little or no platinum on the matrix.
Testing is done on systems aged to represent 50,000 miles on a vehicle, which is the minimum required by current regulations.
This means that currently they use over 2 ounces of PM's to coat the underfloor filter. At an average cost of $880 for these metals that is $1,760 cost. Using Spinel this cost would be less then $62. Do the math. (this is based on coating 3 ft. )
Results are the same. Cdti landed the after market for spinel. Next up a OEM jumping on board.
Not as desperate as RVM. How that investment turn out for GS and dbtunr. Looks like they only lost 75% this time. You are the investor guru's. HL will walk and dbtunr will be flipping hamburgers at the local Jack-n-box.
I concur. This maybe the first time in 15 years, you stated something of intelligence. I think this was too soft a deal. But $5M get's them through 2015 with Durafit CARB news. Still believe the big news is in the DPF and a metallic filter testing.
You also told us you sold 15K shares yesterday. How about you show us any real trade. GS is a professional BS artist. He has been making claims after the facts for 15 years. To date, he cannot back any thing he has ever posted. Right GS? How about you show that you are a real investor.
GBMS is our village idiot. To date he has made claims about selling shares, but for some reason cannot support any claim. The bashers now know they have cash and growth of durafit and AP exhaust will be the drivers. Testing announcements on the way.