Ahmed Jabril

Ahmed Jabril
Contributor since: 2012
I just saw this Conference call that will be hosted by CCGI CEO Michael Farkas. I dont know if there will be a q&a session but if so I am hoping to participate and suggest that anyone that has tough questions for the company or the industry does so as well.
Thursday, October 10, 2013. The call will begin at 4:15 PM Eastern Standard Time (EST).
Dial-In:
1 (888) 424-8151 Audience US Toll Free
1 (847) 585-4422 Audience US Toll
Passcode:
6690 180#
I just saw this Conference call that will be hosted by CCGI CEO Michael Farkas. I dont know if there will be a q&a session but if so I am hoping to participate
Thursday, October 10, 2013. The call will begin at 4:15 PM Eastern Standard Time (EST).
Dial-In:
1 (888) 424-8151 Audience US Toll Free
1 (847) 585-4422 Audience US Toll
Passcode:
6690 180#
I just saw this Conference call that will be hosted by CCGI CEO Michael Farkas. I do not know if there will be a qa session but if so I am hoping to participate
Thursday, October 10, 2013. The call will begin at 4:15 PM Eastern Standard Time (EST).
Dial-In:
1 (888) 424-8151 Audience US Toll Free
1 (847) 585-4422 Audience US Toll
Passcode:
6690 180#
I just saw this Conference call that will be hosted by CCGI CEO Michael Farkas. I dont know if there will be a qa session but if so I am hoping to participate
Thursday, October 10, 2013. The call will begin at 4:15 PM Eastern Standard Time (EST).
Dial-In:
1 (888) 424-8151 Audience US Toll Free
1 (847) 585-4422 Audience US Toll
Passcode:
6690 180#
i mentioned a few times that their model was unsustainable.
nice article. @way of the future your ECTY call was a big bust. Regarding the dilution, the company (CCGI) did a reverse a few years back and have not diluted since then.
the model as i said above was a failing model. They reached their maximum potential and couldnt turn a profit. Selling machines that are just extravagant plugs for thousands of dollars is not going to work especially when your competing with china, siemens, GE and others.
The real money to be made is in manufacturing the cars if you can get banrolled for it ie. TSLA or the CCGI model which is owning the locations and making $ everytime someone charges their cars.
Looks like i was right after all..
Take a look at any dev stage company ie biotech. The industry is not at the stage where real revenues can be generated since their model is to sign exclusive deals on the spot. Once the EV's start to roll out they will have an enormous revenue stream by reselling the electricity and keeping a percentage of every dollar spent.
ECTY doesnt have any partnership in the revenue generated by the station, they just sell the machine. That is an ok model as well but not legitimately comparable to ccgi. Another flaw as i mentioned above is that the machines will b extremely cheap in the next few years and their margins will drop significantly. Since they cant turn a profit now how will they turn a profit later when the margins drop?
I am well aware of CCGI's financials but thats a foolish argument to use against them since they have a very different model. CCGI is still developing and therefore is not expected to have profits. Whereas, ECTY is fully developed, they already sell machines AND STILL CANT POST A PROFIT!. CCGI owns the locations and when the EV's start to roll out they can install the stations and instantly have a rev. stream and once the equipment is paid off it is ALL profit from there. As I mentioned the equipment is going to drop in price like everything else electronic over the last 50 years. Remember how expensive laptops, cell phones, computers etc were 5,10 15 years ago.. that is when they will start to see major revenues as well as profit. Whereas ecty cant figure out how to become profitable selling the equipment. You are more than welcome to review the tech specs of these machines, yes, they are just souped up plugs. Do they have a network? yes they do but all machines will be able to tap into the network and if a company decides to close off their network for only their machines that would be a foolish move and probably bankrupt them. Iphone has a great eco system, probably the best in the world but samsung still outsells them on cel phones.
I see that you are just trying to bash CCGI and I am saying that the companies have 2 completely different models. There are concerns on both sides. CCGI hasnt posted any REAL revenues but their model doesnt call for it yet. ECTY has posted revenues but hasnt been able to show a profit and according to their model (which is selling machine) if they cant post a profit selling machines then when will they ever be able to be profitable?
I have been following CCGI as well as ECTY and I think that they both pose interesting but diffeent plays. I dont know if 1 is better than the next but the main difference is the model. ECTY has a very limited upside with their model because they sell the charging stations and that means they will be competing with billion dollar companies like GE, siemens and other Chinese companies as well. CCGI's model is to own the spot and decide what station to place there based on demand while having a continuous revenue stream. It is no secret that the charging stations are just souped up plugs and it is only a question of time before the chinese are manufacturing and selling them for a fraction of the price they are selling at now.
It seems that while your catalyst sounds nice in theory the CC seems to completely disprove it. Can you please explain based on the below quote from the CC? The company was also expecting an increase in demand for the r22 but the increase has not shown itself and they are trying to figure out why..
So this year first quarter we don’t see it. EPA does what they do. Markets are getting real tight, all of a sudden. We are struggling to find out what happen to demand, what happened to supply. No supply jumped up on 22 from what the EPA did but what happened is it a combination the demand go away how could demand go away, well we know the temperature did.
So we are tracking it, trying to find out what actually happened and one thing that started to come about in conversations was there are drop-ins more often than it ever had. So a number of people manufacture, the producers manufacturers of drop-ins a lot of small guys as they always did have these drop-ins, none of them are as efficient as 22 or had the capacity of 22. 22 is a true drop-in, put it right in, most of the other ones are you have to change the oil to a different oil and you have to do some work on the seals of the CFC or whatever on the system.
what firm did you short them at?
yes, but try to short, they wont allow it to execute...
up until this week they had shares to short but when I tried they wouldnt execute the trade. There is something related to this stock specifically that they wont clear it.
I saw this a few weeks ago and tried to short but IB does not allow it. Have you been able to short it? if so where?
Thanks
nice article. You are right that by using the battery swapping method they can lower the cost of the car but that will end up costing them money to maintain, run etc... Secondly, the battery swap method failed. Betterplace is a perfect example of a business built on that model and it just didnt work. Lest week they liquidated their close to $1billion company for $25 million... I wrote an article about why the better place model failed and why the $CCGI model will succeed. http://seekingalpha.co...
great article. great insight. As far as a hedge goes, if you short those 2 stocks against your portfolio wouldnt you limit your upside? What are your thoughts on buying long term SPY puts against your portfolio, this would not limit upside as much since it is cheaper?
Everyone do more homework.
Maxim could not be more biased for ASTM, PSTI and STEM. They had as recently as this past summer placed BUY recommendations on all three at higher prices than where they are currently trading. Furthermore, they raised 30 million for PSTI
The problem is that space is limited. Not everyone lives in a private house or has an indoor parking spot where they can install the charger or personal electric gas station thats why there wil have to be some sort of infrastructure along the way similar to todays regular gas stations. I was just wondering as to the scalability of the model and whether or not it would have to be government funded (which under the Obama administration has shown to be friendly to these types of ventures) or if private equity would be sufficient to get this sector moving...
great article. What about scaling up? Do you think that the US gov would have to be a partner in scaling up the infrastructure to a standard that would reinsure consumers regarding range anxiety or can it be done privately?
Can you quickly address the concerns from the article you mentioned regarding the differences in Japans healthcare system and why their data shouldnt be used as a "rule of thumb" for this drug or for FDA decisions.
The Japanese data should be discounted because the country’s health system is different and because the reports aren’t detailed, panel member Julia Lewis, professor of medicine at Vanderbilt University Medical Center in Nashville, Tennessee, said during the meeting.
The company’s first trial examining Northera failed to show the drug worked, according to the FDA staff report. Chelsea Therapeutics then changed the endpoint that would measure success of another trial, which determined the treatment was effective. The endpoint changed from one set of questions asking patients about their ability to stand and walk to another set assessing a wider range of symptoms. The medicine would have shown same results even if Chelsea Therapeutics stuck with the first endpoint, the staff report said.
Has anyone heard of this BEES company?