DYE (asx) Focus -Nanogeneration- and more...

[ananda77]

<center>http://img.villagephotos.com/p/2004-12/905046/ScreenHunter_1.gif</center>

http://news.bbc.co.uk/1/hi/sci/tech/6733651.stm

Dyesol Demonstrate their Solar Panel Based on Flexible Metal Substrate
Less than four months after signing a $2 million, 2 year contract to demonstrate flexible solar panels based on Dye Solar Cell technology to provide portable and sustainable energy, the project team has met the first major contract milestone. The Australian Defence Science and Technology Organisation (DSTO) has approved achievement of the Design Review, held this month in Queanbeyan and the project is proceeding to the next phase.
The project is funded under the Defence Capability and Technology Demonstrator (CTD) program, administered by DSTO. Flexible solar panels hold promise for applications including powering cooling, communications, and sensors, either as light weight mobile powerpacks, or integrated into field structures.
The Project Director, Dr Gavin Tulloch, Chairman of STI and consultant to Dyesol, said that the designs being developed in this project have wide application to supplying green energy both in remote areas and for powering portable electronic equipment.
"Many competitors are focussing on plastic solar panels, but we believe that metallic substrates will provide solar panels that are much more suitable for rugged, lightweight portable power," Dr Tulloch advises.
Dyesol is the major subcontractor to STI in this project and has an option to acquire STI. As foreshadowed in earlier releases, Dyesol has been conducting extensive due diligence on STI and expects to be in a position to make an announcement concerning this strategic acquisition very soon.

Kind Regards

[ananda77]

NEWS: Dyesol Achieves Next Goal

Full Text: http://www.asx.com.au/asxpdf/20070620/pdf/31314njpt5pg6f.pdf

Kind Regards

[ananda77]

...market seems to realize the enormous potential of the DSG-Technology especially in the extremely volatile and vulnerable European energy markets

...up ~36% since 14-07-2007

...the November 2008 options include the very real upside potential of a successful third stage achievement of the contract

Kind Regards

[ananda77]

Dye(asx) in Trading Halt

...announcement to follow...

Kind Regards

[ananda77]

market update: http://www.asx.com.au/asxpdf/20070710/pdf/313cl0flshlm3j.pdf

Kind Regards

[ananda77]

...by the 2nd quarter 2008:

Dyesol to increase manufacturing capacity 10 fold to meet growth demand

letter to shareholders: http://www.asx.com.au/asxpdf/20070817/pdf/3140qz2vfdv08j.pdf

Kind Regards

[macduffy]

Up another 12.5% today!!

[OneUp]

Yes, that sounds impressive until you realise how little they actually produce now.

$1.8m in sales in 07. For a $187m company. I kid not.

And they're talking about meeting demand for $10m in sales. Wow. So maybe they make 20% margin - $2m NPBT, $1.4m NPAT.

P/E 140.

The company can't meet investor expectations. Buyer beware.

[ananda77]

OneUp:

...good that someone talks numbers, sort of puts a touch reality into the equation

...anyway, dye still a potentially fantastic company and a fantastic 'BUY' at the right price

...and that's what's it all about -or not??-

Kind Regards

[macduffy]

Yes, a very speculative situation but with a lot going for it when you consider the "green" appeal to a lot of international investors.
Don't put your super into it!!

[OneUp]

Given the valuation I think the potential is way more than recognised. You're paying for at least 5 years (possibly 10) of very strong growth. If someone comes up with a better product (and given the amount of $$ being invested in this space to invent a better product, that's not a low probability event), investors could lose 90% of their money. Where's the upside?

Could be speculative gains - though it's multiplied 10x already thanks to German interest.

I hate stop losses but if I was speculating in this one I'd keep a tight stop. I reckon it's worth about 30c, tops.

[ananda77]

OneUp:

...30cents !!!Yippie!!! HONESTLY:

...may all possible and impossible market gods/godesses hear our 30 cents share price prayer

Kind Regards

[macduffy]

Given the valuation I think the potential is way more than recognised. You're paying for at least 5 years (possibly 10) of very strong growth. If someone comes up with a better product (and given the amount of $$ being invested in this space to invent a better product, that's not a low probability event), investors could lose 90% of their money. Where's the upside?

Could be speculative gains - though it's multiplied 10x already thanks to German interest.

I hate stop losses but if I was speculating in this one I'd keep a tight stop. I reckon it's worth about 30c, tops.

All true but up another 4% today.
Stop loss remains in place.

[OneUp]

One up,

large placement recently at $1.10 suggests 30c is a little light.

definitely agree that a few years of success is priced into the stock now, but very hard to value this company on basic PE ratios, almost useless right now as they have so many things in the pipeline...ie CORUS

and in a hot sector at the moment may overvalue DYE short term


be very lucky to get them under $1.10, let alone 30c though.

It suggests nothing. Uranium companies got placements away a couple of months ago 200&#37; higher than where they are now. See, eg. CUY, who sold shares to Goldman Sachs at $2 a pop, now trading below $1. Companies in hot industries often trade at ridiculous valuations yet find it very easy to raise money. And the investors - deservedly - usually take a bath.

Earnings are what a stock is priced on long term. What is the stock likely to earn 3-4 years from now? What would be the P/E then? Is an acceptable return on offer for the risk?

[OneUp]

Never buy just because Macquarie, Merrill Lynch etc are buying in. Afterall, they could be wrong, and often are! (cf CUY - a lot of naive investors bought in because a brand name institution bought in - the mug punters that followed them into the stock have been badly burned). Institutions underperform the market, on average, so why would you base your investing decisions on what they're doing?

Open to a bull case on DYE. Can't see it myself.

[OneUp]

Uranium isn't off base.

It's just an example of a bubble sector and punters being over optimistic.

A new and exciting industry where the upside is "unlimited". Where naive investors get sold on an exciting idea (sustainable energy). The more complicated and the less they understand about the industry and the company's genuine competitive position, the better! And they don't have to worry about all that dry stuff like P/E ratios and dividends - because there aren't any!

There are bubble industries every decades. Cars were once hot. Carpets. Diskdrives. Internet. Uranium.... now green.

No need to make a bull case on DYE for my benefit, I have no plan to invest.

I find it's very worthwhile to have an investment case challenged by a sceptic. When we're asked hard questions about a stock sometimes we realise we've made a mistake. I've changed my mind on many stocks I've held over the years after realising there were some problems, or risks, that I hadn't fully considered.

Anyway, I've said my piece on DYE. I will turn this thread back over to the optimists. Best of luck.

[OneUp]

One last thing...

placements do say something. That the company isn't earning enough cash to pay its bills! (Most of DYE's "sales" this year were of its shares - rather than its green products!)

[ananda77]

OneUp:

Why give up so easily? I think your contribution are good and valid. I have made quite a bit on DYE so far and have the possibility to by more shares through the SPP recently announced. Currently sold out.

Anyway, a valuation of 30 cents might or might not be correct, but some allowance has to be made for potential.
However, to reach potential coming out of possible contracts with the Australian army and Crosus, the company will need lots of cash and further placements at discounted prices will be a reality.

What really surpirsed me was the fact that after the placement the shareprice did not converge to A$1.10 but took off.

Kind Regards

[OneUp]

SectorSurfa

are you still in this one?

Down from $2 as of August to 96c, though certainly not the only company with no current earnings to be punished.

The interesting question is whether it's headed to 30c afterall.

[ananda77]

OK; so Tulloch is in a tight spot because of Opes Prime and the market in general is tanking -so what???-

...anything's better than $$$ these days and when it comes to shares Dyesol remains one of my hot favorites

podcast (bottom of page): http://www.azonano.com/ads/abmc.aspx?b=1515

Kind Regards

[macduffy]

I had a short, profitable fling with DYE last year but frankly, its too expensive for me at these prices and in this market.
Market Cap of $97m, annual revenue about $1m!
Highly speculative and although they have some valuable alliances, especially Corus, the dye solar cell business is highly competitive. No guarantee that they will make the breakthrough to commercial acceptance but whoever does first will capture a lucrative market.

[ananda77]

I had a short, profitable fling with DYE last year but frankly, its too expensive for me at these prices and in this market.
Market Cap of $97m, annual revenue about $1m!
Highly speculative and although they have some valuable alliances, especially Corus, the dye solar cell business is highly competitive. No guarantee that they will make the breakthrough to commercial acceptance but whoever does first will capture a lucrative market.

...and it's exactly these reasons why one MUST have a holding in compnies like Dye...

Kind Regards

[ananda77]

OneUp:

...good that someone talks numbers, sort of puts a touch reality into the equation

...anyway, dye still a potentially fantastic company and a fantastic 'BUY' at the right price

...and that's what's it all about -or not??-

Kind Regards

DYESOL - PILKINGTON MOU - the latest good news flow for the Aussie Solar Mini ...and shareprice hit High *141 today (not bad when bought at the right price)

Kind Regards

[ananda77]

DYESOL - PILKINGTON MOU - the latest good news flow for the Aussie Solar Mini ...and shareprice hit High *141 today (not bad when bought at the right price)

Kind Regards

www.dyesol.com
Market Release (2 page) – 19 April 2010

MOU Signed with Singapore Aerospace Manufacturing Pte Ltd

Dyesol Limited (Dyesol) and Singapore Aerospace Manufacturing Pte Ltd (SAM) have signed a Memorandum of Understanding to collaboratively design, develop and build an automated pilot manufacturing facility for DSC products.

Kind Regards

[macduffy]

Anyone interested in DYE should be aware that an important announcement is expected by the end of the month.

From a recent Austock Securities report:

· Tata-Corus is poised for a July’11 Final Investment
Decision on a £50m commercial Roof Dye Solar Cell
rolling mill. (Start production by October 2012.)
· One mill produces 4 million m2 of roof panels. Customers
will generate ~0.4GW/annum of electricity, which is
equivalent ~4% of today’s global solar energy production.
· There is significant Dye Solar Cell technology upside
through: Roof Panels – one mill is just 4% of Tata Corus
total roof panel production <100m m2> and 0.4% of
global roof panels <1000m m2>; Windows – DYE has a
US partner in Pilkington and Asian partners; Car &
Electronic applications."

Disc: Not holding.

[macduffy]

Well, the end of July has arrived and no announcement on a FID for a Roof Panel rolling mill yet. But the SP jumped 6.5c (14%) today, rather more than warranted by the market's current "relief rally" I suspect, so I've taken a small position again on the strength of that.

[macduffy]

Thought I might have made my move on DYE a bit too soon but a good announcement today and the SP jumps 21%!

http://www.asx.com.au/asxpdf/20110815/pdf/420d2vq6hn7mvh.pdf

[drillfix]

Dont no much of the news, but Well done there Macduffy.

Nice thrust on the 60 minute chart and looking good on the daily as well. Although a slight caution on the 5 min chart. as it has fallen back.

[macduffy]

DYE gets a favourable mention in this report on dye solar cell applications.

http://www.nanomarkets.net/Downloads/DSCPaper.pdf

[drillfix]

Hey Macduff,

You still holding a small position in DYE? I cant imagine you have after the falls that have gone on, but then seems to have hit the low of 32c

I took a position at 33c today, and then sold out for a quick profit and then left an order back in again at 33c only to get a partial fill from one of these Dorky BOTs that becoming most irritating when trying to do a trade or two, as they give you a tiny fill which keeps you in and cost you commission.

So holding a tiny overnight position with a GTC order at 33c first in que so hopefully tomorrow I will hold whilst the relief rally is there to be had.

[macduffy]

No, I've taken my loss on this one. Offset against a nice previous profit on DYE but it hurts all the same!

I'll keep watching these. Still like the prospects given their JV's with Tata and Pilkingtons but it seems that "good things take time".

[drillfix]

Hey Macduff,

Sorry to hear about your previous loss, although good to hear it was a profit offset.

By any chance, not consider taking a small position this one again at all while a small bounce is in motion?

I have been in and out a couple of times on DYE and currently got in again. I feel DYE should hit at least 41c in the near future anyway.

Hope all is well.

[macduffy]

Not enough of a bounce to interest me, drilly. I'm waiting to see some evidence that the JV with Tata, particularly, is a goer. If it gets to commercial production there'll be a flurry of TA signals and I'll be back in.

[drillfix]

I'm waiting to see some evidence that the JV with Tata, particularly, is a goer. If it gets to commercial production there'll be a flurry of TA signals and I'll be back in.

Any estimation on how long that can or may take? I am sure once the fundamentals present themselves positively then every traders bounce will come to fruition.

Saying that, in these markets, I think I will take what I can even if its small change...lol

[macduffy]

I should have said

If it's going to get to commercial production there'll be a flurry of TA signals.

I've given up trying to guess how long that might take!

[drillfix]

I should have said

If it's going to get to commercial production there'll be a flurry of TA signals.

Well sure Macduff, that's like saying if it rains then you are gonna get wet..LOL

Ya know, I would have thought with the passing of the carbon tax, that there would have been more interest in Dyesol.

Being that sure its not production but at present more Technology to aid the benefit of a potential product to solve carbon problems.

Dont ya think? Funny world we live in ehh~!


PS: Now back down to touch the 52 week low again to 29.5c (could we see a double bottom on this?)

[drillfix]

Hey MacDuff, whats your thoughts, some movement here over the last couple of days with DYE.

Something in the wind about to blow in perhaps?

[macduffy]

Almost 18 months late! - but DYE have today announced a technical breakthrough in solid state DSC.

http://www.asx.com.au/asxpdf/20130508/pdf/42fry0znls9rz0.pdf

SP has jumped 81% today to 20c.

[Huang Chung]

I put a bid in after I read the release, but pulled it once I read the auditor qualification.

[macduffy]

Yes, DYE's financial position has been precarious for as long as I've been following them but so far they have managed to squeak by on grants and regular capital raisings. The latest news has given them another shot in the arm with the SP up strongly again today - good for another placement? - but I reckon unless the Tata JV gets to commercialisation soon, time might be running out for them.

I hold a small position, still slightly under water.

:(

[macduffy]

No sooner said, than announced!

SPP at 16.6cps. I think I'll quit at this point.

:cool:

[macduffy]

The DYE SP has held up remarkably well considering the SPP at 16.6c, trading up today at 31.5c. I've taken my loss and will look to recoup via the SPP. Biggest problem is that the issue seeks to raise only $2m - 12m or so shares - so there's likely to be some severe scaling back.

[macduffy]

DYE up 42% to 44c this morning on the release of an upbeat report on the company's technology. All good news but the chances of a big win on the SPP diminish proportionately!

OK, so no-one else is interested?

[macduffy]

Just in case anyone is interested, here's DYE's R&D manager talking about the recent outstanding PV durability test results. The market continues to take interest!

http://www.brrmedia.com/event/112254/dr-damion-milliken-research--development-manager

[Lizard]

Wow, that is some movement! Hope you pick up what you wanted from the spp though :ohmy:

[macduffy]

DYE doubled the amount of the SPP - to $4m!

:huh:

The issue was oversubscribed ten times, applicants receive 17.8% of the amounts sought. Money for jam at 16.6c - in small dollops - but worth the effort!

:)

[tosspot]

DYE doubled the amount of the SPP - to $4m!

:huh:

The issue was oversubscribed ten times, applicants receive 17.8% of the amounts sought. Money for jam at 16.6c - in small dollops - but worth the effort!

:)
So when do the shares get issued. should see a massive share price drop when they do. Sorry cant be bothered searching myself

[macduffy]

DYE have called a trading halt pending an announcement. Could it be the long awaited commercialisation of the product JV'd with Tata Steel? Or the Pilkington Glass one?

Should know tomorrow!

:drool:

[macduffy]

Good news - but not the big one!

http://asx.com.au/asxpdf/20130711/pdf/42gzx1wr53q50d.pdf

[tosspot]

Ive got a buy order in at 46.5c, hoping we dont have another crazy swing down afterwards which will really sting, but this company seems to be on the up

[tosspot]

not to bad of a result. I like the drop in cash burn, but anyone have any guesses when they will commercialise

[Minerbarejet]

Ive got a buy order in at 46.5c, hoping we dont have another crazy swing down afterwards which will really sting, but this company seems to be on the up
Up 21 % in a fortnight from your purchase - cant get that in a bank. Good effort. :)

[macduffy]

Yes, it was an encouraging report. The market is still being tempted with the prospect of commercialisation of the JV with Tata. Not yet a fact, but still a possibility!

If the SP continues to strengthen today I might take some more (part) profits.

:)

[tosspot]

Well that's a bugger lost all of yesterdays gains just like that makes me worry the market don't lime the results and further drops will follow

[macduffy]

Well that's a bugger lost all of yesterdays gains just like that makes me worry the market don't lime the results and further drops will follow

It's always been a volatile stock, hovering at the edge of hope and despair!

A disappointing day but I sold a few to preserve some profit.