Australia's largest stock trading and investment forum Australia's #1 stock forum

UUV

25.0%

0.3¢ uuv aquabotix ltd

Thanks for the update Inferno. The company no doubt has big...

First 5 Last

Share
Profile

Follow
mad_doggy911

457 Posts.

1

16/07/17

20:59

Post #: 25895865
Share

Originally posted by Inferno31 ↑

Cold called management today wishing to discuss the company and their plans. Some notes here.

IPO

Some larger institutional positions liquidated from the open. Seems to have washed out short-termers now.

Listed options - said that was part of the offer to create further liquidity for the company should they become “in the money”. It’s a common structure for micro-caps.

Aim is to grow the business to a $200 mcap in the next couple of years. Market growth looks strong. Agree lots of work to do.

Sales and Contracts

Smaller sales won’t typically be announced, only more significant or strategic sales. UUV seem to announce around one thing every two weeks.

Markets

Energy - Traction in the energy industry. Potential for multiple orders. Happy clients e.g.: Duke Energy, BP Alaska

Aquaculture - market is huge. Lots of interest. Potential for large companies to bulk purchase and deploy globally if tech is accepted

Defence – older products were initially added to GSA Schedule. In April, the newer products were added to GSA Schedule. Addition to GSA schedule makes it very easy for government bodies to make purchases.

Multiple channels for sales into defence sector but usually through RFPs. Discussions underway with larger players on potential partnerships to sell larger quantities to the military (note Jay Cohen on UUV board)

Law enforcement – tricky market. Lot of them struggling with budget cuts and might have to be individual sales initially.

Distribution

Currently in negotiations with distributors (outside US) to start distributing in these markets. Some are relatively mature relationships with product in hand. Should drive better sales if and when live

Product Development

Consumer Drone – aim is to make it fun, user friendly and easy to carry etc. to ensure there is continual use. Initial designs from WIT partnership should be ready by end of north-American summer.

Sales and Marketing

More hires to be made in sales and BD.

Durval and others attending lot of tradeshows to generate leads (they seem to be busy looking at all the events they have attended in the last 3-4 months).

M&A, strategic partnership discussions ongoing. Normal part of business for this team.

Overall, the impression I got was that the lack of cash was holding the company back and now that they are adequately funded, they can now ramp up.

Expand

Thanks for the update Inferno. The company no doubt has big potential and as you say now that it's got some funds we can expect it to grow year on year. The defence and fishing/aquaculture markets are the ones that I will watch out for with great interest. If they can penetrate these markets successfully with partnerships/mass orders it will be a massive coup for the company.

News surrounding the instos dumping on open isn't great but there's still plenty of time for the sp to recover for MT/LT holders.

Last edited by mad_doggy911: 16/07/17

UUV Price at posting: 12.0¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

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

AXP

Tambourah chases gold veins and mineralisation extension with drilling

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

ACW

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

There are more pages in this discussion • 10 more messages in this thread...

First 5 Last

Add UUV (ASX) to my watchlist

Thanks for the update Inferno. The company no doubt has big...

Top Stories

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

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

Tambourah chases gold veins and mineralisation extension with drilling

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

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

Featured News