Ann: Fluence Business Update for Q4 2021, page-21

Really strong quarterly and we find the stock in an amazing balance sheet position to leverage from.

Few comments from the update and call;
- Surprised given the momentum and backlog for the 2022 guidance, but I feel this is a Richard-ism. Always deliver or exceed your guidance. Whilst the previous management adopted the overpromise philosophy that we're still paying for.
- A slight pivot, particularly on the call, away from a China focus. Whether this is reality or not, we won't know. From an investor perspective, an asx listed company with strong ties to the states, it doesn't make sense to appear overly leveraged or reliant to that market at the moment for attracting investors.

For me this is a no-risk investment at current prices, we're atleast 30% below fair value, with huge upside with a leading postion in a growth industry. And that upside can be maximised given the balance sheet + financing package, without dilution. I've doubled my holding in the last week, to become my 2nd biggest.

No doubt we've been in a 4 or 5yr long downtrend, but a few on the thread here are underestimating how quickly a stock can move ~50% when we get two competing proper buyers. AUQ this week was a good example, she'd been on a 8yr downtrend, but kept ticking boxes and the market caught on with a 90% turn. My unqualified advice, when we turn, whenever that is, please dont be the goose that flicks out for 30% at 22c.