MOV - Move Logistics (formerly TLL)

[flyinglizard]

https://www.directbroking.co.nz/Dire...spx?id=5727445

hay! A further $5m call option! I hope that current big shareholders add some performance indicators, like revenue growth rate 30% annual, NPAT growth 20%, sorts of etc, into the documents. That's really good for retail investors.

The company has not released the TIL Logistics Group Shareholder Newsletter yet. hopefully we will receive soon with some good spots.

[ThaiJohn]

Seems to be good by the look of the s/p, especially today.

[flyinglizard]

Just had a dinner with a BP owner. He said that hydrogen definitely is the favorite direction of petrol companies. BP has research on hydrogen for many years, because hydrogen will keep petrol company alive and maintain their sales network. They will replace petrol with hydrogen, the business model changes a bit. The petrol companies have no motivation to push this happen, but well prepared.



There are some problems of having electrical cars.
- disposal of batteries, massive damage to environment
- threw the problem to electricity company, you do not know where the power is coming from, it may from coal, like GNE.
- not suitable for long travelling
- large investment in infrastructure to build recharging equipment in car parks
- time consuming when recharging


hydrogen is made of water, 100% natural. We saw the announcements from CEN and MEL last Friday. Key word : hydrogen

If this will work out in the future, TLL may benefit from the energy revolution in the long run.

[Leftfield]

Thanks for posting lizard..... I've bought a few in recent dips.

[kiora]

There are likely to be other ways of transporting & storing Energy
"LOW-COST
Stores energy at less than 1/10th the cost of lithium-ion battery technology."
https://formenergy.com/technology/battery-technology/

[CROESUS U.T.]

The negative to me with electric power for trucking has always been the weight, (more battery weight - less freight )but this sounds like interesting technology.
from https://www.umsicht.fraunhofer.de/en...r-battery.html
"Reduce battery weight, increase electrode capacity

The scientists at Fraunhofer UMSICHT want to change this. Their goal is an iron-air battery with improved energy density and higher efficiency. To achieve this, they are focusing, for example, on measures to reduce the weight of the battery. This is to be achieved through the development of a multi-cell bipolar stack using novel lightweight and cost-effective graphite bipolar plates."

[kiora]

Concur C
The Formenergy one I was referring to could be useful for grid storage though

[flyinglizard]

very interesting announcements today.

https://www.nzx.com/announcements/376279

Mark Newman as an independent director, effective from today, 27 July 2021. Mark has extensive domestic and international transport and logistics industry expertise, having held senior leadership roles with Mainfreight for over 20 years, as CEO Mainfreight Europe and General Manager New Zealand Transport.



https://www.nzx.com/announcements/376280

• Confirmation that the company is on track to achieve FY21 guidance of EBITDA to be at least that of the FY20 post IFRS-16 result of $57.4m
• Progress is being made on improvement initiatives, particularly in Freight.
• FY21 reported profit will reflect increased property costs associated with the expanded warehousing footprint and the improvement programme, and costs associated with a discontinued IT project. Including these non-trading adjustments, the company is expecting a modest profit for FY21.

[Leftfield]

very interesting announcements today.

https://www.nzx.com/announcements/376279

Mark Newman as an independent director, effective from today, 27 July 2021. Mark has extensive domestic and international transport and logistics industry expertise, having held senior leadership roles with Mainfreight for over 20 years, as CEO Mainfreight Europe and General Manager New Zealand Transport.



https://www.nzx.com/announcements/376280

• Confirmation that the company is on track to achieve FY21 guidance of EBITDA to be at least that of the FY20 post IFRS-16 result of $57.4m
• Progress is being made on improvement initiatives, particularly in Freight.
• FY21 reported profit will reflect increased property costs associated with the expanded warehousing footprint and the improvement programme, and costs associated with a discontinued IT project. Including these non-trading adjustments, the company is expecting a modest profit for FY21.

Clearly a company in transition. Interesting to watch this unfold. GLH.

[Benny1]

Just had a look at their website and noticed there has been a company wide re-brand to "Move Logistics"
Haven't seen any NZX announcements about this?
Are they changing their ticker on the NZX?