ADO 0.00% 2.6¢ anteotech ltd

Ann: Half Yearly Results Timing & Investor Update Call, page-34

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  1. 2,077 Posts.
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    Have you ever been in one?

    Have you ever taken one for a test drive?

    I have just clocked up 80,000 kms in mine, including a lap around OZ, in the last 3 years.

    The service cost, aside from tires, was $200.

    extremely reliable and cheap to run.

    I regularly drive from Cairns to Sydney to catch up with family and have not had a problem with it. My cost in electricity to drive from cairns to Brisbane is about $90 for about 1,600 kms.

    If you have solar panels then you can virtually drive for free locally.

    The price of Chinese batteries is dropping exponentially and we should see a BYD car that will be a Toyota Carolla killer coming this year. Think 400 kms of range for under $30,000!!!!

    The European, American and Japanese car manufacturers are losing market share in the biggest car market, China, as the Chinese cars are taking over that market and are set to flood other markets around the globe.

    The opportunity for ADO in Europe and America is strong as they try and compete (with protection) from this onslaught.

    It is a Kodak moment for them as fossil fuel powered vehicles are fazed out. Mercedes are just posturing as they can't compete

    Last week I went to the Tesla service rep here in Cairns and he told how he used to work for 'reliable Toyota' and spent the majority of his time fixing recalls. Now he deals with 'not much at all' going wrong with Tesla vehicles that are increasing in sales

    Chinese companies are releasing 1,000 km EV's this year that will decimate the competition

    I think that the European and American manufacturers will become desperate to compete

    ? Perfect timing for ADO

    Or just the ramblings of a filby
 
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