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VivoPower International PLC (VVPR)

NasdaqCM - NasdaqCM Real Time Price. Currency in USD
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9.44+0.12 (+1.34%)
As of 2:40PM EST. Market open.
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  • m
    michael
    The market for electric mining vehicles in Australia alone is estimated at 12 billion. The entire market cap of this company is about 160 million. When management mentions wanting to hyperscale, that is why. Most of these mining companies are existing solar panel/infrastructure customers who approached Vivo's Australian subisdary J.A. Martin about EV. Tembo and VVPR have 800+ existing customers combined who stand to benefit from a switch to EV for their off road/light and heavy duty work vehicles. If each just purchased 10 million in EV from vivo, we are looking at 8 billion in revenue to be conservative. They have carved out a lucrative niche in off road EV. I opened a large equity position today as this company has explosive growth potential.
    Bullish
  • J
    Joe
    Popular mechanics just put out an article saying solar is now the cheapest form of energy in history.
  • b
    ben
    Happy Thanksgiving to my American friends down there!
  • W
    William
    I'm expecting us to breakout this week. $16 by Friday.
  • J
    Jack
    ACT Government charges ahead with EV and battery storage initiatives. Includes incentives to VVPR market sector. :D
    Bullish
  • A
    Abby
    How is this stock not flying after this news. What in the hell, it’s literally headed back to 7-8
  • T
    Tac
    Long and sorry I have tied up my money on such a volatile and unpredictable stock for the past few months. Breaking even sounds good right now...
    Bearish
  • P
    Petra
    Happy to have seen double digits today. Vvpr has just shown that is possible. Will continue to hold and I welcome everyone to do the same.

    Volume start picking up. We just need an order and we should be flying. For solar with ev is still relatively cheap. I believe that whoever is really long has a chance to retire off this stock.

    ... something I have learned: never sell at a loss. Average if you can but keep your position.

    @ben : Thank you 🙏
    Bullish
  • J
    Jack
    They are sitting on millions of dollars they pledged to use for growth and expansion. They appointed new advisers, opened offices in America and aquired a majority stake in tembo4x4. They recently had contacts for emergency data center battery packs. They are currently working on rapid growth in the light industrial ev market, solar power and power storage. This shot up in price on announcement of news last month. They appear to be setting the stage for something huge. I suspect great news is imminent.
    Bullish
  • J
    Jack
    VVPR recently released a statement about what a Biden presidency means to them. "The federal government under President Biden – whose victory speech focused on unity and healing – will surely look quite a bit different from the current administration. And given that we recently announced that we are expanding our North American presence and opening an office outside Washington, DC, there’s a lot for us to be excited about from a Biden presidency. One of the major policy promises of the Biden campaign is a climate plan that calls for a clean energy future, including a commitment for the United States to reach net-zero emissions no later than 2050. As a provider of sustainable energy solutions to commercial and industrial customers – including electric vehicles, solar PV, batteries and microgrids – the President-Elect‘s dedication to fighting climate change and building a carbon-free energy system is music to our ears." Vivo Power
    Bullish
  • b
    ben
    Today is a good day for my portfolio. NIO which I got at $2.88 finally hit $55 and VVPR is doing great at $10. What a good Monday
  • J
    JUAN
    Well, party is over for today, but yet again, this baby is back to its behavior from August/September. Going up to almost $9,50 today without news is a nice sign. I just hope the imminent small crash due to lockdowns do not take us too far down...GLTA
  • P
    Petra
    Quote:

    If you’ve been following VivoPower news in recent weeks, you know that we signed a definitive agreement to invest expansion capital in Tembo e-LV B.V., a Netherlands-based specialist battery-electric and off-road vehicle company. As a result, we secured a 51% shareholding in Tembo and have the first right of refusal to acquire the balance.

    VivoPower has been providing renewable solar power services since our company was founded in 2014, and we’ve been investigating entering the commercial electric vehicle (EV) market since 2017. The genesis was a keynote talk by Tony Seba at the official opening of the London office of our parent entity, Arowana.

    We firmed up our interest earlier this year when we realized that many of VivoPower’s existing customers, especially those in the mining sector, were actively seeking sustainable energy solutions including fleet electrification. From there, we decided to identify an electric vehicle player to acquire to meet this appetite.

    Our research identified Tembo as the best light electric vehicle solution in the world focused on ruggedised and customised applications, including for mining.

    Although the e-LV (electric light vehicle) market is relatively young, Tembo already has a strong presence in key mining markets, including Australia, Canada, Chile and Russia. It also has the largest established network of global distribution partners and the most vehicle models among its competitors. These factors – combined with the fact that Tembo estimates it takes 2+ years to develop a fit-for-purpose ruggedised e-LV system – position them ahead of their direct competitors in key markets globally.

    Our investment will enable Tembo to significantly scale up its assembly facilities to meet customer orders, build out its global salesforce and increase R&D capabilities. In addition, the VivoPower team and existing platform will support Tembo’s accelerated growth ambitions.

    What is most exciting is that VivoPower has an established base of over 700 customers across the mining, infrastructure and utilities sectors. In those sectors in particular, fleet and ancillary fuel and maintenance costs are very significant, and transitioning to electric is already economically viable for many.

    Many of our customers are actively evaluating opportunities to reduce their energy costs, increase productivity and become more sustainable long-term. But without the infrastructure to support them, customers can’t get the most out of EVs, and most commercial and industrial sites cannot support EV fleet charging. We can now offer customers the compelling option to electrify not just their fleets, but their entire operations – and in the process deliver a holistic sustainable energy solution (SES).

    JA Martin and Kenshaw, our Aevitas critical power services businesses in Australia, will lead the way, electrifying their own corporate fleets and showcasing the results to their customer bases.

    They will then join us in delivering a holistic solution in which:

    Tembo electrifies customers’ fleets through a transport as a service (TaaS) model
    JA Martin and Kenshaw retrofit the customers’ sites to accommodate EV charging, and install renewable generation, battery and microgrid infrastructure (energy as a service, or EaaS)
    VivoPower develops second-life applications for batteries after they’re used in vehicles (battery as a service, or BaaS).
    VivoPower’s combined sustainable energy solutions will optimise the value of these assets for customers and provide a growing stream of recurring revenue for all of the companies in our stable.

    Ultimately, we foresee Tembo tripling our addressable market to upwards of US$36 billion, even before any further geographic expansion.

    In all, we look forward to uniting the Tembo team as key members of the VivoPower family and fulfilling our purpose of delivering sustainable energy solutions together.
    Bullish
  • b
    ben
    Feels like just yesterday I made a post saying “it’s good to see VVPR holding a mid $7 price point” can’t believe we hit $10. I like the consolidation around low to mid $9 shouldn’t be long till we see $20. $15 EOY personal price target stands
    Bullish
  • P
    Petra
    Amazing ride.
    Well done guys.
    We can celebrate 🎊
    Bullish
  • b
    ben
    I saw people like Vincent on the NIO tab all the way from $7-$15. They go away real quick after a while. Maybe because they realized eventually they'd have to cover their short positions lol. Vincent if you're so confident this will go down maybe take a short position in a margin account. See how quick that margin calls haha stay broke
  • b
    ben
    Congrats longs. Looks like my $10 EOY price target was CRUSHED. Next price target to come soon
  • E
    Eric
    This stock can jump 2-4 bucks on any good news because the FLOAT is very tiny. I saw it was up to $24 from $12 a day recently.
  • b
    ben
    Remember what I told you guys. I bought NIO at $2.88 and have been holding since. On my “search for the next NIO” I came across VVPR and SOL and purchased both. Go take a look at SOL if you haven’t today. VVPR army our time will come. ADDING UNDER $10
    Bullish
  • T
    Tom
    No news.expect a market correction.this will be at $5 for all you bag holders