Re: Electrovaya Kamenz from sky
posted on
Jan 05, 2015 04:35AM
(Edit this message through the "fast facts" section)
Just to get some things clear:
Daimler sold its complete stake in TSLA - made a nice gain
Daimler and Tesla are still friends: "For future collaboration an equity stake in TSLA is not a requirement..." Daimler
Daimler set aside quite some funds to expand the production capacity of Deutsche Accumotive in Kamenz
Daimler wants to introduce as much as 10 hybrid models in the next few years within their existing fleet strucutre
Daimler gave up LiTec because they did not achieve cost competative cells
The Deutsche Accumotive (as you can get an idea of in some videos) does not produce cells but battery packs - I guess this helps to make the setup clear
LG Chem is seen as the major cell supplier for Daimler, Renault, Nissan (at least in China), may be Dong Feng??? (speculation)
Daimler uses currently Tesla technology for their smart car and b-class vehicles...
Hope that helps to connect to the rest of the dots...
Btw: I was also strongly disappointed about the stock performance over the christmas days to 0,70CAD but found an interesting aspect in the press release... EFL offered "units" including a common share AND an option to purchase another common share at 1,05 ;)
Brokers were paid 60% of their bills in options of 1,05 as well. Hence all parties involved agree that the stock will be back above 1,05 or higher soon. May be brokers make even a better deal providing options to an strategic investor by lowering the aquisition costs. Adding up Das Guptas sales with options and new issued shared, we are approaching the area around 5%. Having a non-disclosure threshold of 3%, this could play out well. Lets see.
Cheers