Allright, Thanks for Clarification."I used the term earnings a...

First 54 Last

Share
Profile

Follow
Popeye82

951 Posts.

53

27/03/19

04:26

Post #: 37894270
Share

Originally posted by kevinbarry: ↑

Hi,

There is only one announcement in which any information is contained - 14 March.

The highlights in the 14 March announcement includes:
'K-TIG is revenue generating with commercially proven technology that is in production with numerous customers globally and able to complete a conventional industrial scale weld with a cost and time reduction of over 80% based on customer engagement'

I used the term earnings a bit carelessly, should have said revenue - though it may well have earnings (negative) presently! I presume they do have revenue currently, this is consistent with them having 'customers'. Though reading through the announcement is not 100% clear which is why I said apparently.

There is no revenue guidance. They plainly hope to be able to generate $30 mil revenue in three years from 2020 and have an EBIDTA target too.

What it is now, who knows at this stage.

I think the tech is interesting and has some promise. I am not sure what to make of it having so many 'customers' at present prior to the adoption of its commercialization phase proper. Are they hoping to make reasonable revenue from those existing 'customers' or will they have to go much wider to make money? As a holder with a decent holding, I hope it will justify the massive dilution. As a comparison, FBR sits at around 2.5 times our 'break even' market cap.

Anyway, there will be a while to sit and contemplate.

In relation to those who hold 31 March options, it looks like they are taken into account in the indicative capital structure at completion which may suggest they intend to extend the strike date or alternatively 'honour' the options in some way.

Expand

Allright, Thanks for Clarification.

"I used the term earnings a bit carelessly, should have said revenue"

I don't know, but guess this mean some "microscopic" Revenues so far.
Just "some kind("history supported", to say it That Way) of feeling".
I've also mailed Them some Questions, hope They'll have Something to answer.

S3R Price at posting: 0.4¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

Top Stories

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

AXN

Rising demand, China's 'tech war' bans leaves this germanium explorer with significant investment potential

MEI

Sperm tech player Memphasys ships unit to Dubai – but can the stock attract liquidity?

Breaking news: New opportunities for investors & companies - HotCopper opens to capital raising!

There are more pages in this discussion • 3 more messages in this thread...

First 54 Last

Add S3R (ASX) to my watchlist

Allright, Thanks for Clarification."I used the term earnings a...

Top Stories

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

Rising demand, China's 'tech war' bans leaves this germanium explorer with significant investment potential

Sperm tech player Memphasys ships unit to Dubai – but can the stock attract liquidity?

Breaking news: New opportunities for investors & companies - HotCopper opens to capital raising!

Featured News