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Kevin Quon  

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  • Unilever Increases Its Commitment To Solazyme's Technology [View article]
    Appreciate it, 1 ring binder. Wish you the best as well.
    Sep 27, 2013. 09:00 PM | 1 Like Like |Link to Comment
  • Unilever Increases Its Commitment To Solazyme's Technology [View article]
    1) It would be misleading to believe that Unilever's oil is necessarily looking for a palm kernel oil relacement. The two have been designing tailored oil profiles for some time. Hints of oils that increase cleaning capabilities in soap have been made along the way. With possible yield increases & capabability increases, it'd be a stretch to ascertain a fair price based on pko alone. Also, while oil prices have fallen, so have sugar prices since the stated time. The rate of research gains also suggests that production costs may have come down over the last 3 years as well since the stated $1000/mt. I find it unlikely that SZYM will throw its hands up & chase a low-margin market after holding out on Fuels which it could produce at the low margins you suggest based on current PKO prices.

    2) I'm not sure how you came to that conclusion on $1500-$2000 without knowing about the green factor & logistical supply factors & novel capability factors, and etc. My guess is you're just comparing against standard transformer oils.

    3) That's one way to look at it. I disagree, and could waste time arguing against it. But you seem committed to this belief. Instead, I'll just refer to my article for those who want to see things differently: http://bit.ly/1eNXFRA
    Sep 27, 2013. 08:44 PM | 1 Like Like |Link to Comment
  • Unilever Increases Its Commitment To Solazyme's Technology [View article]
    centerroad,

    While $1000/MT represents fuels & chemicals, ASP's of ~$1500/MT would suffice in capturing the 30% gross expected for this category.


    On the other hand lets consider food where Painter noted prices will be north of $5000/MT (see transcript below). Even if costs were $2000/MT (as seen on the high end of the margins graphic seen above), we're looking at 60% gross margins.

    http://seekingalpha.co...


    Just something to keep in mind.

    Kevin
    Sep 27, 2013. 03:05 AM | Likes Like |Link to Comment
  • Unilever Increases Its Commitment To Solazyme's Technology [View article]
    RWRATTI,

    I can't really take credit for graphics the company made. Thanks though.

    Well, should we use your estimate of $3000/MT and SZYM's 70k MT capacity (0.5[100k] + 20k), you are looking at $210 mil right there.

    This is before considering the effects of co-products and Algenist (which is contributing $20-25 mil on less than 1.8k MT capacity alone). This is likely to grow given the increased product offering & ramped up sales.

    Consider also the high amount of research revenues coming in ($6 mil last quarter alone) which may increase with additional partnerships.
    ----------------------...

    Practically speaking however, ramp up will limit the amount of oil revenues coming in - my guess is 75% capacity for the year. I do believe that food will have a bigger impact that people realize (high rev figures/MT). Then theres the already annoucned relationships, Akzo, Dow, Mitsui, BG, ADM, which will likely convert over.... even if its not publicly announced.

    Kevin
    Sep 26, 2013. 10:40 PM | 2 Likes Like |Link to Comment
  • Unilever Increases Its Commitment To Solazyme's Technology [View article]
    6125501,

    There are several leads that indicate SZYM is exploring the use of "green" drilling fluids and other products used for the oil & gas industry. I roughly refer to one particular lead in an article written last year found below:

    http://seekingalpha.co...

    Kevin
    Sep 26, 2013. 10:30 PM | 2 Likes Like |Link to Comment
  • Unilever Increases Its Commitment To Solazyme's Technology [View article]
    That "green cred[ibility]" is already underway. It's why Akzonobel joined forces with SZYM. Same with Mitsui. For that matter, probably everyone who partnered already had some aspect of this in mind. I'm not so sure if UL will be the motivator for others to join, but the credibility is already well known. If anything, it does serve to entice new investors, however, given the well-known brand of Unilever & its green conscience.

    Even food companies (like Unilever) who are facing qualms with palm oil in the present have to concern themselves with being green. Expect a food deal w/ Unilever down the road IMO.
    ------------

    As for your other topic, anything is possible. But I believe the idea of something that technically hasn't been announced or taken place yet serving as the motivation for selling pressure is a bit of a flawed concept. Profit taking and/or testing new supports are more likely candidates.
    Sep 26, 2013. 10:27 PM | 1 Like Like |Link to Comment
  • Unilever Increases Its Commitment To Solazyme's Technology [View article]
    Quickly put and because I did neglect to mention it:

    The high price-to-book fails to account for much of the IP or its future value, or the access to the partnership manufacturing facilities, or the intangible value of the access to the partners themselves. There is quite a bit of value that is not necessarily being accounted for in the financials.
    Sep 26, 2013. 08:48 AM | 3 Likes Like |Link to Comment
  • 3 Biotechnology Companies Rising On Growing Expectations [View article]
    9/25/13 UPDATE:

    Since I first wrote about these 3 particular companies, here are the gains to date:

    - PACB is now trading 265% higher
    - OPK is now trading 83% higher
    - SZYM is now trading 35% higher
    Sep 25, 2013. 10:06 PM | Likes Like |Link to Comment
  • Solazyme Enters Into A New Era Focused On Commercial Development [View article]
    Insiders are on a Rule 10b5-1 trading plan - predetermined sales. Sales have been regular and minimal. I'm not going to defend them otherwise. Hedge funds are just lacking confidence.
    Sep 25, 2013. 09:18 AM | 1 Like Like |Link to Comment
  • Why Solazyme Will Impact The Food Industry [View article]
    Both. As he stated, his work is done and he is leaving the company in capable hands. Additionally, he sees the writing on the wall that Proterro's technology remains promising (which is why he has been serving and continues to serve as a strategic advisor for several years now).

    For someone convinced of cellulosic feedstocks being unable to succeed, I'm surprised you'd attack this move given that the technology is more akin to growing crops on waste materials rather than the frustrating task of breaking down biomass.

    Additionally, any insinuated thought that one technology is better than the other is quite misleading given that they are complementary in every way. Both companies can most effectively utilize each other's results. The only difference is that solazyme's tech had 10 years of development, and proterro's is a lot newer.
    Sep 21, 2013. 12:26 PM | 1 Like Like |Link to Comment
  • Why Solazyme Will Impact The Food Industry, Part 2 [View article]
    Thank you for the share, Str8ghtShooter. Considering how long it took me to get the comparison information and do the math in the quoted cow-replacement example, I am glad that someone was able to get something out of it.
    Sep 21, 2013. 12:07 PM | Likes Like |Link to Comment
  • Rising Jet Fuel Costs Leave Airlines Looking For Answers [View article]
    KonaBlend,

    It looks like you were right after all. Apologies.

    Kevin
    Sep 12, 2013. 03:52 AM | Likes Like |Link to Comment
  • Solazyme Enters Into A New Era Focused On Commercial Development [View article]
    mlasell,

    On the off-chance that this truly was a miscommunication and you truly are inquiring where the mass oil production is, let me remind you that szym is only running on a 1,800 MT/yr facility. Clinton will be 20,000 MT and Moema is 100,000 MT.

    Some of this current production at Peoria is being used for large test batches for partner companies (both algal flour & tailored oils) so you won't see this. Another part of this production is being used to produce algenist. Most recently, another part of this production is being used to produce the protein for twinlabs. Within the last 12 months, part of this production was also used to produce fuel for propel at 4 gas stations during the 1 month consumer test in norcal.

    The primary purpose for Peoria is to demonstrate the ability to scale up to a commercial level for partners. You may want to see barrels & barrels of oil, but that wont' come until Moema & Clinton are running.

    This will be my last comment on the matter as I suspect you are just trying to stir up trouble.

    Kevin
    Sep 11, 2013. 01:37 AM | 2 Likes Like |Link to Comment
  • Solazyme Enters Into A New Era Focused On Commercial Development [View article]
    mlasell,

    Why don't you disprove the oil instead? I provided links to just a few videos showing you the oil. The company also has plants now under construction using the capital of its partners and of the brazilian government. It also established binding agreements with established players in the industry.

    What have you shown us to believe otherwise? Perhaps you should stop reading my articles until you have tangible proof the oil doesn't exist. lvandertag continues to comment here because he has an alternative motive. But why do you follow this company further if you truly believe what you stated?

    Kevin
    Sep 11, 2013. 12:49 AM | 1 Like Like |Link to Comment
  • Solazyme Enters Into A New Era Focused On Commercial Development [View article]
    Thank you for reading, mlasell. If it was within my capacity to prove anything, I would consider sharing it with you. But then again, I'm just an author on a blog talking about a company that has made multiple statements that would place them under considerable legal pressure if they were untrue.

    An alternative solution would be to not read about what I have to say. After all, these are my opinions, and I have backed up what I said. If you don't share the same opinion, there's no point in contaminating your own thoughts by reading my point of view.


    In any case, here's some videos of szym's oil being put to use if you're truly looking for it (which I doubt you are):

    http://bit.ly/13xsaVS
    http://bit.ly/13xsaVU
    http://bit.ly/13xsbca
    http://bit.ly/13xsdRz
    http://bit.ly/13xsbce
    Sep 8, 2013. 08:27 PM | 10 Likes Like |Link to Comment
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