MNS, MAGNIS ENERGY TECHNOLOGIES LIMITED

[macdtrader]

In Reply To: macdtrader's post @ Feb 24 2021, 02:20 PM

Or could it be just lack of borrow?
IG not offering.

[macdtrader]

In Reply To: macdtrader's post @ Feb 18 2021, 10:46 PM

Anyone have any ideas as to why CMC are charging 22.5% to get short?
Concerning.

[macdtrader]

In Reply To: macdtrader's post @ Feb 16 2021, 02:30 PM

Looks like its gunning for the gap at 25c.
The resultant bounce should be big.

[macdtrader]

In Reply To: macdtrader's post @ Feb 16 2021, 02:29 PM

But left some fuel in the tank if 28c breaks.
Not impossible with such a big raise

[macdtrader]

In Reply To: macdtrader's post @ Feb 16 2021, 01:47 PM

32c is major resistance on the hourly chart.
Will get exciting when and if thru

[macdtrader]

In Reply To: Marana's post @ Jan 28 2021, 01:59 PM

Big raises always attract the pip scalpers.
Could turn quickly and thats why I bought more than a few @ 29c

[macdtrader]

In Reply To: Marana's post @ Jan 28 2021, 01:59 PM

Big raises always attract the pip scalpers.
Could turn quickly and thats why I bought more than a few @ 29c

[Marana]

In Reply To: Marana's post @ Jan 28 2021, 01:53 PM

In summary, while i have great doubts, if MNS can bring a 3GwH plant into production in New York and can make CATL's AUS$20M in profit per GwH (despite lacking the economies of scale), on a PE ratio of 25, this values MNS at $1.5 billion market cap or $2 per share. I suppose I will hold my shares.

This issue is MNS competing with the big boys.

[Marana]

In Reply To: Marana's post @ Jan 28 2021, 01:21 PM

per this link: https://www.catl.com/en/uploads/1/file/publ..._isu5va488a.pdf it appears CATL says its global sales of batteries was 40.96GWh for 2019.

This made a profit of $4.356 billion Yuan https://www.chinapev.com/breaking-news/chin...es-4-4-billion/

This would be a profit of AUD$21.3M per Gwh at current exchange rates.

At that time early last year CATL was valued at a peak of AUD$79B or $2B per GWh.

However, CATL's profit fell for the last half-year report to $1.94B yuan for the half year to 30/6.20, here: http://www.xinhuanet.com/english/2020-08/27/c_139322201.htm

Therefore, Franks' claim that 1GwH is worth $5B appears contrary to the above.

CATL's share price has doubled since early 2020 (per COVID) but their expansion plans are also massive:

CATL wants to massively expand its production capacities for battery cells, to 230 GWh this year and to 1,200 GWh in 2025. In parallel, the Chinese battery manufacturer is aiming to expand to Japan, Indonesia, the USA and Europe.

The report came from the German business publication Handelsblatt on CATL’s plans. According to a chart in the publication, CATL wants to increase its production capacity between 2020 and 2025 in the following stages: 110 GWh (2020), 230 GWh (2021), 380 GWh (2022), 540 GWh (2023), 830 GWh (2024) and 1,200 GWh (2025).

So far, it is unclear whether the manufacturer achieved its 2020 targets. The most recent annual statistics are from 2019, a year in which the Chinese company reached 32.5 GWh . With that capacity, CATL topped the list of largest battery cell manufacturers in 2019, ahead of Japan’s Panasonic (28.1 GWh) and South Korea’s LG Chem (12.4 GWh). The group’s success is mainly due to its strong position in the domestic market. CATL’s market share there grew to more than 51 per cent in 2019.

However, there are indications that the particular economic conditions of the first half of 2020 have shaken up the balance of power in the already dynamic electric vehicle battery market. Figures from SNE Research revealed over the summer that South Korean electric vehicle battery manufacturers more than doubled their market share between January and July 2020. In general, the market shrank 16.8 per cent from 64.1 to 53.3 GWh of capacity in the Corona-induced tough first seven months of the year.

At CATL, the expansion of production capacity is to be accompanied by expansion to Japan, Indonesia, the USA and Europe, with Germany playing a key role in the European market. This is marked by the construction of CATL’s first production facility

https://www.electrive.com/2021/01/06/catl-t...acity-for-2021/

[Marana]

In Reply To: Marana's post @ Jan 28 2021, 01:21 PM

while i hold some MNS, it appears the EV space is in a massive bubble with:

* Tesla trading at 730 times operating cashflow from last six months or PE ratio of 900.based on last six months EPS

https://tesla-cdn.thron.com/static/78Z2ZX_2...0-Update.pdf%22