FLC fluence corporation limited

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4.1¢

Fluence China, page-145

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Kurt12312

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17/10/21

17:31

Post #: 56860679
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Originally posted by Relax1: ↑

@jamesc666
Might as well post it if you find it, not your fault if the website doesn't seem accurate.
Just because at this stage I can't verify it doesn't mean it isn't true.

Fluence have at least 40 partners in China and their profile is getting stronger, especially with 5 new partners having bought in Q2 and multiple trade shows just completed.
Things are happening in the background that we don't know about.
Cambodia was a total shock and is now Fluence's 2nd biggest market, with a SUBRE installed base even larger than in China and apparent Aspiral demand too.
We still have to see what happens with BEWG and whether Fluence will hire for their R&D with them and where that R&D will be located.
At first when you posted I thought that this was confirmation that Henan was going to be the BEWG R&D base.

https://hotcopper.com.au/posts/37258150/single
Chord posted this back in 2019 that didn't feel like the right fit to me, but turned out to be the first bulk order from Hunan Kaitian.
So you never know.

At least Fluence are hiring for the Yiyang, Hunan Aspiral assembly factory. It felt like with C-19 this was never really utilized like they intended. Things seem to be ramping up slightly so Fluence must have some indications of forward orders that will lead to more Aspiral demand than they can handle out of the main Jiangsu base towards the end of the year.

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Personally I wouldn't celebrate that Cambodia is my second larget market. It's economy is on the floor and it won't be recovering anytime soon. Therefore the amount of money to be made is also low. I'd rather say Qatar, Saudi Arabia or a country in need of water that is rich and where I can make bigger margins would be a bigger advantage.

FLC Price at posting: 20.0¢ Sentiment: None Disclosure: Not Held
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Fluence China, page-145

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Fluence China, page-145

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