IPO - Carbon Revolution Limited, page-288

First 288 Last

Share
Profile

Follow
HGpennypacker

201 Posts.

25

17/01/20

17:54

Post #: 42441435
Share

Originally posted by Nige456: ↑

forget it. the whole point of my and neil's arguments is that hardly any companies are adopting CBR's wheels and how are they going to sell 30,000 wheels per annum. They are smoking weed. I have pointed out all the new OEM deals below:

Ford GT500- This car sells only a few hundred worldwide. the CBR wheels an add on pack only, so assuming 25% take up this is 100 cars or 500 wheels per annum.

Renault Megane SR- This car sells only 150-200 worldwide. The CBR wheels add on pack only, 25% take up = 30 cars or 120 wheels per annum

Ferrari - optional. Lucky to be 300-400 cars total, and 50% option, say 150-200 cars. Total is 800 wheels lets say.

Unnamed SUV- didnt even bother to give the total volume and what car it is. Because of that, only giving it 500 wheels max as an option.

Existing- Ford GT350- not an option, but limited volume. Total 500 cars or 2000 wheels, earlier model so production will wind down.

Total from the 3 new oems + existing OEM is not even 5000 wheels per annum. Not even 5000 wheels as GT350 is an earlier model and ford will wind it down. They are attempting to produce 30,000 wheels. Thats a surplus of 25,000 wheels, that will likely go in storage. Theres no actual sales. What happens to all this excess production??? The whole basis of this company is flawed.

Expand

You thought the report i posted was for all auto wheels, it wasn't, it was for high performance wheels. If you can't read a report accurately I find it hard to appreciate your opinion. Perhaps you should not have sold your shares on Day 3...

Last edited by HGpennypacker: 17/01/20

CBR Price at posting: $4.02 Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

Top Stories

MCT

Metalicity looking for offers on Admiral Bay zinc project

Warren Tredrea’s weekly sports business wrap: the latest on business in sport

AI stocks: What to expect in 2024-25

LKE

Lake Resources implies news article on job cuts made up; non-core sales "not material" and no rule 15.7 breach

Talking Australia's very competitive property landscape: Realty Talks

FG1

Flynn Gold flags mid-grade drill hits and always eye-catching rock chips

Week 29 Wrap: Trump in spotlight again; China's Third Plenum a yawnfest; RBA's August move a mystery

Wealth Within considers potential takeover targets in Australia's booming infrastructure industry

GNX

NSW approves J-POWER's $380M buyout of Genex Power, giving it ownership of QLD net zero project

IMR

Imricor raises $35M to pursue growth and expansion into Australia and NZ