Thank you onkey007
IMHO this company does have huge potential---will probably
need to raise additional capital---Will need to execute plan with excellence
and not too many glitches. Certainly worth having if nothing else, a
small position---to be added to as events unfold
Belongs in risk component of one's portfolio IMHO
Although you could be right, I respectfully disagree---
IMHO a lot of positive things happening---nevertheless
there are a lot of risks and as you suggest this is
not for the faint of heart and belongs (at least for now)
in the high risk component of one's capital----
Hopefully moving up the "ladder" over the nest few months.
excellent post---cerebral, mystical with existential overtones
Revenues 2015 $340,000,000
Stock trades at 10 X Revenues?
Company in next few months issues approximately 10,000,000 shares
in Secondary to support rapid growth---raises $200,000,000 to $250,000,000
This would not be surprising and best to factor in---company IMHO
will need funds for working capital to support rapid growth--Could also
retire all debt with proceeds--
Hopefully generating strong cash flow in 2015 and beyond--
In any event 10 X $340,000,000 = $3,400,000,000 market cap
Divide by 50,000,000 shares:
Price Target Objective---June 2015----$60.00++
Although you are quite right that 12 X 5 -= 60
Soup is right ----it is a 400% increase---
You could be, and I hope you are right in your "take" but I respecfully disagree---
IMHO even if your essential premise is correct that they could be either now,
or in the future discussing a deal with a potential acquirer ---still the
notion that the Board of Directors is protecting "shareholder rights"
is difficult to comprehend.--- IMHO It would be good to have as many potential
acquirers as possible bidding for the company. It is unlikely that
any negotiations with one company could be compromised by another
company bidding or expressing interest--
To have the Board of Directors at this time suggesting that by this proposal
that they are trying to protect the shareholders is somewhat akin to
the Fox saying that he (or she) is going to take very good care of
watching the chicken coop and not to worry or be concerned.
Just my opinion and hope that this works out well for everyone in the end.
Litigation expense + uncertainty over how much of that cash will end up
with Pip weighs heavily on the stock---In addition there is the perception
that Management + Board of Directors are somewhat oblivious to
the somewhat old fashioned notion that shareholders come first, as, well
as oblivious to the concept that the meaning of "enhancement of shareholder value"
involves the stock appreciating in PPS--not depreciating.
The good news is that you probably do have many people that agree with you concerning
the current low price as not being sustainable----the not so good news unfortuantely is that
many if not most feel that such unsustaianability involves an even lower price as
appropriate at this time.
IMHO a decrease in dividend to $1.20 ($.10 monthly) could be a little lower for first few months
then gradual increase so it works out to $1.20 for the calendar year-
Assuming one can buy this around $10.60 +/- works out to 11%+ yield---should be OK
Would like to see some decrease in management fees and no longer computing fees on
uninvested cash---also perhaps we can get the job done with somewhat fewer people --
There are still a lot of risks and everyone should do own due diligence---
Yes I agree with Simp---another little "chip" taken from the rock of confidence required
to be involved in this or any stock---small chips have a tendency to grow in number,
and also can morph into bigger chips---Ouch!
Rico's perception that CG "seems to have no regard for us. never has" is interesting,
understandable, and should be debated---In this business perception is pretty close to reality!
Desperately needs to be updated---
Somehow I seem to remember a current website last week---Must
have been a senior citizen moment---
Maybe I am missing something?----
I get to the website by clicking "Profile" on Yahoo Menu---then to the website--
References to 2010 financials?
This could be 100% wrong, but assuming a reasonably firm overall market
IMHO Kndi will move up this week significantly from Friday close of $18.57.
Shares will trade in volatile manner ---remember "it's a jungle out there"
IMHO it's Daffy Duck---Most have a perception of Daffy being a little jittery, slightly unstable etc.---
actually he is one very smart duck and an astute investor!
Seems like old news---May 2014---
IMHO this stock although obviously very risky has a reasonable chance to
survive and eventually thrive---Hopefully Ian and the new kid (Murray) on the block
can "make it happen"
That is my "take" also---Undoubtedly Mr. Murray will be instrumental in what inevitably
will be a capital raise which hopefully will put to rest any concerns about
balance sheet etc. We need to be able to envision a scenario whereby by
2017 we are producing at least 1,000 buses a year (20 per week)----will need to
expand capacity to do that---currently I am thinking $60,000,000 before
underwriting fees which hopefully will be more than enough to retire
whatever the $9,000,000 derivative liability consists of, retire any other
short term liabilities expand capacity and have more than enough left
for working capital whereby no more stock options are issued for awhile--
and management runs a very tight ship in terms of operating expenses.
IMHO we need to be cash flow positive from operations by end of this
Although I could be very wrong IMHO this GACR "bet" has better odds than
the approximate 4 number Roulette Bet in Las Vegas which pays 8 to 1
with an approximate 10% chance to win at the table.