Recent

% | $
Quotes you view appear here for quick access.

Altair Nanotechnologies, Inc. Message Board

odialt 28 posts  |  Last Activity: Aug 19, 2015 11:06 PM Member since: Dec 29, 2008
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • Reply to

    Cost of feedtsock...

    by odialt Aug 18, 2015 10:04 PM
    odialt odialt Aug 19, 2015 11:06 PM Flag

    soy oil below $0.28/lb
    The indexing to energy costs is working... to protect the gross margin for B100.

    Sentiment: Buy

  • Reply to

    Acquisition of Imperium Renewables

    by odialt Aug 18, 2015 9:58 PM
    odialt odialt Aug 19, 2015 8:00 PM Flag

    Oups! I had one too many zero ;-)

    "Renewable Energy Group Closes Acquisition of Imperium Renewables" - official. EOM.

    Sentiment: Buy

  • ... is indexed against the energy costs.
    Heard from one of the last 2 REG presentations at Investor conferences.
    You can listen to these on REG web site.

    White grease down to $0.21/lb. Need 8 lbs to produce 1 gallon of biodiesel.
    Feedstock cost = $0.21 X 8 = $1.68
    B100 sells for $2.55-2.60

    Sentiment: Buy

  • is expected to close within the next 10 days... and will add 100M gal/yr to REG production capacity.

    Sentiment: Buy

  • "This permit action is for a Major Amendment. REG is proposing to increase its maximum production rate
    from the currently permitted 31.5 million gallons per year to 38 million gallons per year. No physical
    changes to the facility are required to accomplish this production increase."

    Sentiment: Buy

  • odialt odialt Aug 14, 2015 7:55 AM Flag

    Not much is coming out of ALTI.

    In China, the parent Yinlong Energy pursues a vertical integration approach starting with EV buses.
    Check zhyle (ZHuhai YinLong Energy) web site.

    ALTI itself has delivered 200 EV buses to Handan City.

    Sentiment: Hold

  • odialt odialt Aug 13, 2015 1:28 PM Flag

    "ALTI holds the patent on LTO technology"
    Not sure what you mean by that!
    ALTI owns patents to make nano-sized lithium titanate, and they know the recipe to make a nLTO cell.
    The recipe for the cell is not patented as far as I know; and there are other ways to make lithium titanate powder even if of a lesser quality.
    Toshiba, XALT (ex-A123), Leclanche, Microvast and many others are making LTO cells.
    ALTI is not alone anymore and will get no royaltees from them.

    Their competitive advantage is the size of their chinese plant (few thousand tons per year)

    Sentiment: Hold

  • Reply to

    10Q - gallons sold vs. produced

    by odialt Aug 7, 2015 12:31 PM
    odialt odialt Aug 11, 2015 2:38 PM Flag

    10M international gallons equates to 12M+ US gallons.

    Sentiment: Buy

  • Reply to

    10Q - retained %BTC

    by odialt Aug 11, 2015 1:07 PM
    odialt odialt Aug 11, 2015 2:37 PM Flag

    Did REGI stated with whom they split the pot of $$$?
    I suspect the feedstock supplier and the blender.

    If this is the case, Geismar and Energy Services could allow to keep the blender portion.

    Sentiment: Buy

  • "In the first half of 2015, we received approximately $220.3 million related to the 2014 reinstatement of the BTC, of which about $139.1 million was paid to our vendors and customers,"

    About $81.2M or 37% is retained by REGI

    Sentiment: Buy

  • Reply to

    10Q - gallons sold vs. produced

    by odialt Aug 7, 2015 12:31 PM
    odialt odialt Aug 7, 2015 2:11 PM Flag

    With Geismar, REG claims 332M gallons capacity.
    Add Petrotec at 56M and Greys Harbour at 100M and you get 488M total nameplate capacity.

    Without the BTC, that's about $1.5B in sales based on nameplate capacity which they cannot achieve.
    Adding the $1 BTC, you will get closer to your $1.7B

    Sentiment: Buy

  • "We recorded risk management losses of $3.6 million and $4.0 million from our derivative financial instrument activity for the three and six months ended June 30, 2015 , respectively, compared to losses of $2.7 million and $3.4 million for the three and six months ended June 30, 2014 , respectively. Changes in the value of these futures, swaps or options instruments are recognized in current income or loss. Over the first six months of 2015 , we had risk management losses of approximately $0.03 per gallon sold. Over the last three years, risk management gains have represented income of approximately $0.07 per gallon sold."

    Sentiment: Buy

  • "For the three and six months ended June 30, 2015 , we sold 96 and 156 million total gallons, including six and ten million gallons of biomass-based diesel that we purchased from third parties and resold, 10 and 19 million international biomass-based diesel gallons from our majority owned investment in Petrotec and four and eight million petroleum-based diesel gallons, respectively."

    So for Q2:
    96M sold
    minus 6M purchased from third party
    minus10M produced by Petrotec
    minus 4M petroleum-based diesel
    gives 76M produced while REGI reported 73M produced?!

    Sentiment: Buy

  • At June 30, 2015: $17.5M
    At March 31, 2015: $8M

    Looks to me that REGI could have sold their RINs and make a net benefit!
    Then consider the loss due to hedging and the loss due to Geismar, the net benefit could have been $20M+ in a perfect world w/o BTC

    What does a net loss of $2M means then for the future share price?

    Sentiment: Buy

  • In April 2015, the Company experienced a fire at its Geismar facility, resulting in the shutdown of the facility. The Company estimated fixed assets of approximately $11,027 were impaired as a result of the fire. As of the date of this report, the Company has recovered an interim receivable amount of $5,000 from
    insurance for the property damage and believes it is probable that it will recover the remaining costs under its insurance policies. As such, an amount equal to the
    estimated impairment loss was recorded as part of accounts receivable on the Condensed Consolidated Balance Sheets at June 30, 2015 and no impact on earnings
    was recognized. The Company intends to file insurance claims under its business interruption policies as a result of the business interruption it experienced in
    connection with the fire at the Geismar facility. As a result, the full amount of proceeds to be received has not been determined and no amounts related to business
    interruption insurance have been recognized in earnings at June 30, 2015 .""

    Sentiment: Buy

  • and mid-June from the House of Representatives side:

    "Ryan, the Wisconsin Republican who leads the House Ways and Means Committee, said at The Wall Street Journal CFO Network meeting he has been having discussions with the U.S. Treasury about so-called tax “extenders.” "
    "“We want to do this as early as possible in the fall,” Ryan said Tuesday."

    Sentiment: Buy

  • You can search for the bill above to get more details on the changes proposed by the Senate Finance Committee to the biodiesel tax credit

    Sentiment: Buy

  • UPS direct sales will generate the full $1 tax credit when re-instated
    Geismar is in the process to come back online with revenues expected this Q.
    REG Energy Services - with direct sales - sold 4M gallons in 2Q and was EBITDA positive.
    Petrotec is about cash positive and policies in Europe will favor it in 2016
    Greys Harbour acquisition will close before end of August, and allows REG to expand on the west coast.
    LS9 products are developing well even if a bit slower than anticipated originally.
    Next quarter should be EBITDA positive without Geismar and Greys Harbour.

    RVO will be finalized by end of November with some potential uptick even if announced volumes are fine
    And expect major developments in the months to come for the BTC to be re-instated
    It could even be before end of October per the news circulating
    And REG has grown significantly in nameplate capacity since 2013
    You have to go back to 2013 to see what happened when the BTC was re-instated fot the year ahead

    Sentiment: Buy

  • odialt odialt Aug 5, 2015 8:38 PM Flag

    You realized that Proterra is now using the Toshiba LTO, or LG NCM batteries.

    On the bright side, ALTI has delivered 200 buses to Handan city.

    Sentiment: Hold

  • Last year, REGI increased its fuel storage capacity.
    Could they sell $50M from the inventory in Q2?

    Last Q: "Inventory was $120.5 million at March 31, 2015, or 44 days of sales, an increase of $23.0 million during the quarter."

    Last Year:
    "At June 30, 2014 , .... Inventory was $70.2 million , or 20 days of sales, a decrease of $23.9 million during the quarter."

    Sentiment: Strong Buy

ALTI
0.300.00(0.00%)Sep 2 12:14 PMEDT