Don't run, my friend.
That's the SHBid. It's the 1st bid that CEdge chose from a pool of bidders.
All I say is that - anyway - the initial bid is very low. That's all I'm saying.
Then... if tomorrow Posco/Fcel make a joint bid? Positive.
If someone else buys their assets for 200M$? Very positive.
If Doosan buys it for 40-60M$, I think it's very negative.
On June 26, 2014, a “stalking horse bid” was executed with Doosan Corporation for all the assets of ClearEdge. Please refer to the attached APA regarding the details of the “stalking horse” bid. Basically, the components of the bid are (1) base price of $ 20 million, (2) payment of executory contract cure costs of up to $ 12.899 million; and plus (3) payment of secured creditor claims on a discounted basis of up to $ 15 million in regard to secured claims against certain energy service agreements.
Basically one can buy all CEdge assets for 48 Mil$?
I don't like it.
I thought a lot of more.
I wonder if this is impacting negatively on market value perception.
Hyundai stated that they'll roll out FCEV under 50k$ when they pass 10k cars sales.
But now Toyota 70K$? Now? I think is a thypo.
It's less than a Tesla's.
"IESO launches phase 1 of energy storage procurement"
This was related to the bids for energy storage procurement in Canada that HYGS did.
Enbridge also involved.
Now, from IESO website:
"........Finally, the procurement timeline is relatively short. The deadline for submitting proposals is April 28, 2014 and the IESO anticipates selecting providers by June 1***, with contracts to be concluded by June 30, 2014. A more detailed RFP timeline can be accessed on the IESO's website."
June 1***..... no news on website. They neither selected the suppliers yet.
I guess they're sleeping also at IESO.
Just saying... yesterday HYGS short volumes were 73%!!!!!
Let's check BLDP in few hours, I guess most are short sales.
Just check by yourself.
Go to shortanalytics.
73% (seventy-three!!!!!) were shorted yesterday, june 23rd.
How is it possible? This is manipulation, just the very next day after an agreement.
The SEC goes on watching po.rnos?
1.5 year order book.
untapped lines of credit ("untapped"?)
Growing world wind market.
low cash (11M$ as of 1st qrt)
That's right re lines of credit.... just put a small "maybe" in front of cash positive.
That's why I'm thinking wheter to buy back only few shares right now.
At this point, I think they're all waiting for a diluition, which would set a very good entry point.
Only 11M$ cash.
I've traded before, now I'm on sideline.
Article "Eleven Analyst Stocks Trading Under $10 With Huge Implied Upside".
BLDP is the 3rd one.
I call for a good trading in next 2-3 days.
Up down 50 cents.
always long (core position)
I'll wait first order for 10x HD6+ stacks before underwriting your assertion.
For the moment, I say that
1- to licence to Chinese distributor/reseller/assembler is the only way to enter the Chinese world otherwise than working for single digit profits
2- I trust these agreements
BLDP + HYGS
By the way, here's a proposal, is there a way to make them close forever, Just in theory?
If one was an attorney... who lost big $$$ in some stocks they bashed day and night, and could prove they're linked with HFunds etc.... could he sue them and finally win? Again, if he could prove that they're in touch with brokers, Hfs etc.
Cramer forgets always to underline that also TSLA is a money loser. 2b$ revs and still 50M$ net losses on last qrt. 2 B$ debt.
At least no fcstock own a 1:1 revs:debt ratio.
Nevertheless 3M$ 100% margins is equal to 10.7 M$ revs at 28% gross margins. It's like we booked 21.4 M$ split in 2 years..
Then, I give them credibility for what these deals are about.
Honestly, if I thought that BLDP sold off their IP in buses and telecom to Azure, I'd sell immmediately.
I think it's the only chance to enter the Chinese market. No other way.
If you go to China at your 100% charge, you work for single digit gross margins.
Did anybody find Azure's website?
If any, can you post here the link in a postable way (without dots etc)?