"Major new Tesla product to be unveiled APR 30, not a car!" My belief is it is a new battery system for residential solar storage. HPJ could and should get a big boost from this if their timing is right. As for takeover, the POC does not allow foreign companies to own more than 50%. I believe Highpower can make a product just as big as Tesla's. Tesla's will be branded for Solar City. That leaves the rest of the world for HPJ!
He's dumped 4 consecutive quarters around earnings time. Why is still on the BOD. Why doesn't the company buy back his stock below market and get him the heck out of there?
If you look at the valuation measures compared to say ENR- Energizer Holdings, whether it's price to book value, price to sales, enterprise value to EBIDTA, forward 12 mo PE ratio, PE/growth ratio, the disparity is now glaring. It does not begin to approach comp until the stock is somewhere in the 6-8 range. Granted ENR is a much larger company and it's business is retail but HPJ has a higher organic growth rate both in revenues and earnings. If Highpower was accorded a 6.11 PEG the stock would be in double digits. TJ Fisher who has been on the HPJ board for3- 4 years now, was VP of Energizer and HPJ made batteries for them, and that is how he came to know them. If you don't like battery comps, just use the S&P 500 trading at 18-19 forward earnings and the earnings growth curve is not as attractive going forward as Highpower's. Just my opinion, but I have a lot of experience both on Wall Street and as an investor in HPJ.
Good company w good management and a good future. They are on their way to being a major player in the battery/ energy storage space and the stock under 6 does not reflect what they have already achieved, let alone what's coming. I bought a bunch here and have that tingly Warren Buffett feeling--- got a deal!
Test lab results, breakthrough designation for ICE emissions control technology, name change, corporate rebranding , OEM demonstration(s) on new models, 15-20mil cash raise at $5-6 bucks, and then double digits and 200mil + market cap next year.
Maybe Wolfgang Schaeuble's days are numbered. A new Greece is on the horizon and it's success will be good for everyone. But they have to be incentivized, not punished.
Today was the cut-off for insider trading- 14 days before the release of the quarterly. Hopefully the drop today was more technical- stop limits and/or capitulation. If it turns out any insiders traded on not public negative information to be released in the quarterly- if there is any, I would have to sue the #$%$ out of them.
It was never Golden's intention to sell after market auto parts. He merged into CDTI for the platform to advance a disruptive technology. And that's exactly what he's doing.