Hydrogen Economy
25 Nov 2017
Re: Tesla Promises -link A link might help!H2[link]
Hydrogen Economy
25 Nov 2017
Tesla Promises Break Laws of Batteries Some interesting comment on the recent Tesla Semi and Roadster announcements and claims for range, charging times etc. suggesting the claims make significant allowance for battery development before sales in 2020, but I don't think that is a great surprise.Some data about battery cost trends and weight/kWh which are at the core of the questions of EV viability and market penetration.I have no clarity on how/if JMAT will participate in the EV story. Currently not holding, not surprised to see the SP heading back to levels before September's EV exuberance took hold, but not sure we have not seen the last of it, especially if JMAT start making some real progress and sales.H2
Hardboy
23 Nov 2017
Budget Presumably some of the R&D measures announced in yesterday's budget should be of some help to JM.
gamesinvestor
21 Nov 2017
Half Year Falling profits and EPS, despite growth in revenue :-Profit 2016 -- £226M ---->>>> 2017 = £221.9M ---- (2%)Revenue up 15% EPS down 5%Divi up 6%£176M of the revenue growth was due to currencyRevenue reported at £6,478 compared to 2016 at £5,625"""Significant progress in the development of our high energy battery material, enhanced lithium nickel oxide (eLNO). Our material is in qualification cycles with six customers and investment in a pilot plant is ongoing""Doesn't actually mean any revenue or profit (loss) is attributable to battery -- this has been going for years now.Share price down 3.7% which is consistent when anyone reports anything these days, good bad or indifferet.Games
Rhigos
24 Sep 2017
Re: Update statement LKH, "it's [sic] battery business has been around a long time now and they haven't made a dime out of it."JMAT was my largest single shareholding, but I lost faith in JMAT's future prospects, because dependant on cats for most of profits, so in March sold 60% which still leaves me a holding worth, at Fridays close 2.79% of my total share portfolio, including cash element. Currently cash element 6.57% (another story there). I too have been disappointed with battery and fuel cell divisions. The latter I had high hopes for over many years. I feel the £200 million investment in developing high end batteries shows the commitment they previously lacked. Now regret reducing my stake. Will consider topping up on weakness. They have the tools, skills and now the finance to be a successful leader in high value batteries.Very good long investment IMO and a strong buy on significant dips.
sage in the hills
23 Sep 2017
Time to digest..... Rumble Seat: Frankfurt 2017: China, EVs, and Dieselgate -- WSJ23/09/2017 8
2amDow Jones NewsDaimler AG (USOTC
MLRY)Intraday Stock ChartToday : Saturday 23 September 2017Click Here for more Daimler AG Charts.Dan Neil This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street Journal (September 23, 2017).Two weeks ago (Sept. 11), the night before the IAA Frankfurt International Motor Show opened to the press, I strolled through the doors of Daimler Mercedes-Benz' vast, lighter-than-air pavilion thinking I knew the story. I even had a headline: Daimler AG's Stuck Throttle.The oldest of the German automaking giants, Daimler's recent financials have rocked. Group revenue was up 3% (153.3 billion euro) in 2016, with record profits (8.8 billion). Mercedes-Benz Cars in particular has come roaring back to retake the title of world's number-one premium luxury brand. Sales were up 9% in Q2 2017 alone. Product design is killing it.Even the Formula One team is winning. Lounging on stage, an Amazonian creature in a windswept carbon-fiber negligee: the Mercedes-AMG Project ONE, a street-legal hypercar built around the +1,000-hp hybrid powertrain of a Formula One car. Each of 275 copies costs $2.7 million euros. The engine revs to over 11 grand. That should be lively.But Daimler's solemn commitment to eternally high returns, what it calls a "sustainable" 10% net profit to shareholders, means it can't let off the throttle, ever. And it's heading for a wall. A Great Wall. In China.See? I even had catchy phrases at the ready.Two days before Daimler's pep rally, on Sept. 9, industry ministers in China confirmed that, like France, the U.K., Norway and the Netherlands, the world's largest vehicle market (24.4 million in 2016) would phase out fossil-fuel vehicle sales in favor of widespread, state-sponsored vehicle electrification.Because of climate change? Sort of, sure. But with its cities shrouded with deadly tailpipe smog, China's air-quality concerns are more regional than global. The nation of 1.37 billion souls is also trying to kick the imported-oil habit. China has already outlined tough electrification mandates for automakers, with costly penalties behind them, that have left the German automakers crying for mercy. With German Chancellor Angela Merkel's help, they got the start date pushed back to 2019.Though not unexpected, China's announcement brings two things to the EV battery industry it sorely needs: certainty of demand (albeit compulsory) and scale. Global battery production is expected to double in the next five years. As down-payment on its plan to lead the world in energy storage devices, China will add 120 gigawatt-hours of annual battery production capacity by 2021. That's three times the output of Tesla's Gigafactory. VW Group board member for research and development Ulrich Eichhorn told Automotive News the company will need more than 200 gigawatt-hours worth of batteries by 2025 to meet its goals.Now sooner than later, China's mandates will push the market price of batteries below the $100/kWh threshold at which -- thereabouts, all things equal -- an EV design attains cost-parity with an internal-combustion vehicle. After that, Katy bar the door.The other skunk at Daimler's picnic was Dieselgate. Two years after clean-air investigators discovered emissions-cheating software in VW Group products, affecting 11 million vehicles world-wide, the scandal and public ire has become general. In remarks from the stage, Daimler AG chairman Dr. Dieter Zetsche pushed back on growing sentiment in Europe to restrict diesel vehicles if not ban them altogether. "It's a fact that it's worthwhile to improve modern diesel engines rather than to ban them," Mr. Zetsche said. "That is why Daimler has invested 3 billion euros in the further development of our diesel engines."With respec
nk1999
23 Sep 2017
Broker views From ADVFN:"After Johnson Matthey set out financial guidance at a capital markets day focused on growth opportunities ahead, analysts at Deutsche Bank and Credit Suisse were among those to hike their expectations for the chemicals group.As well as highlighted its ability to grow earnings ahead of the market in the face of the changing nature of the global automotive industry, the announcement that caught investors and analysts' eye was a big investment in its battery material technology business and launch into battery cathode materials with a proprietary cathode material 'eLNO'."We acknowledge the earnings opportunity is still 4-5 years away. However, launching a viable cathode materials technology (potentially more cost efficient than NMC [nickel manganese cobalt], positive early feedback from customers) should improve investor sentiment towards JMAT," said Credit Suisse, ascribing zero value for this business in our valuation.Credit Suisse increase its earnings forecasts by an average 1%, increase its target to 3,700p and retain its 'outperform' rating.---------- --------Deutsche Bank, which reiterated its 'buy' with a target of 3,600p, was impressed with management predictions that autocatalysts will grow for at least the next ten years driven by market share gains and growth in Asia, more than offsetting the decline in diesel market share in Europe and increasing electrification."
II Editor
22 Sep 2017
NEW ARTICLE: Share of the week: Cashing in on electric vehicle craze "Catalytic convertor giant LSE:JMAT:Johnson Matthey's Capital Markets Day statement had "something for the bulls and something for the bears", according to one leading analyst – and so it proved. So far, in the short-term at least, the bulls have ..."[link]
LK Hyman
22 Sep 2017
Re: Update statement Games,"it's [sic] battery business has been around a long time now and they haven't made a dime out of it."Not nearly as long as its fuel cell business .... and they haven't made a dime out of that either!LKH on the flybridge miiiiaaaaoooowwwww!
Our Haven
21 Sep 2017
Re: Update statement Games. Understand and thanks.
gamesinvestor
21 Sep 2017
Re: Update statement OH -- I sold the lot at the close.JMAT is still late to the market, have given no indication in this announcement that they plan to adopt NMC technology which is likely to be the mass market demand - and this could mean losing the race to Umicore.[link] the £200M announced is below the competitors earlier announcements this year and JMAT is only planning to role this out next year, which makes it look like they are pushing out a message to appease the investment community.I could regret this if JMAT changes course, but it's battery business has been around a long time now and they haven't made a dime out of it.Games
Our Haven
21 Sep 2017
Re: Update statement GamesMy plan is to watch the direction over the next days. Prepared to sell if profit taking drives it down but you know what the market is like sometimes with momentum. I have concerns about the lack of progress too on the electric battery side. It is only a matter of timing as I will be selling and happy to not be too greedy and leave some in for others.At least you have secured the kids funds!
dog-with-fleas
21 Sep 2017
Re: Update statement A lot of expectations set (5 counted in RNS) and the market has responded positively, let's see them walk the walk. This is objectives setting for senior management for 2018 and a stick to beat them with if not delivering. It needs a bit more than words and name changes for the businesses that have not delivered such as Fuel Cells. I remain sceptical.
gamesinvestor
21 Sep 2017
Re: Update statement ""Pleased I held my shares now""Our H -- sadly I offloaded -- agghhh.Well at least I kept it for the kids, but surely this is a good time to sell given the size of the investment in battery technology -- is there some mileage in the announcement euphoria, as JMAT has to deliver on it's investment and it's already significantly behind the methods adopted in China.Games
Our Haven
21 Sep 2017
Update statement All good news from the update statement. Pretty impressive figures. Pleased I held my shares now.
