Hey Pixel.....get onboard the AKP train.... I told you, I told you... Yes, it took a bit longer than I thought, but I'm on board with a very decent sized parcel. This is retirement for me....plus an Aston Martin DB9
AKP - Audio Pixels Holdings
- Thread starter System
- Start date
-
- Tags
- akp audio pixels holdings
Hey Pixel.....get onboard the AKP train.... I told you, I told you... Yes, it took a bit longer than I thought, but I'm on board with a very decent sized parcel. This is retirement for me....plus an Aston Martin DB9
Have you seen the latest stock price ? Yes, took a bit longer than I thought, but I still have a very decent sized parcel, and I will not consider selling below $100
Triathlete
Keep it Simple..!
- Joined
- 10 November 2014
- Posts
- 638
- Reactions
- 88
galumay
learner
- Joined
- 17 September 2011
- Posts
- 3,394
- Reactions
- 2,220
I have never bothered looking at them again, are they still are highly overvalued speculative company or is there now a positive free cash flow?
Can you explain why you believe this stock will go to $100?
The product is a total game changer. The AGM is today, read the address given by the CEO and then you "may" understand. We are talking hi fi speakers that are the size and thickness of a postage stamp. How many billion mobile phones alone get sold every year ? Apple paid billions to buy Beats, which is old technology speakers. What, therefore is AKP worth ?
Patent protected, agreement with Sony to fund r & d, what's not to like ? My buyin is around $3.80 so am laughing hysterically. This is not a pump and dump, only 27 million shares, tightly held by the Sydney Jewish community, who keep putting up their own money when required. Make your own decision, I have, and am streets ahead already. I will not sell for less than $100. I expect to be retired soon, driving a silver Aston Martin DB9
See my response to Triathlete. This is an unusual company, one of a kind. They have never gone to the market for money, if any cash is required, the directors put up their own cash. Check out the top 20 shareholders. This is no pump and dump, only 27 million shares, very tightly held. They have a product that has no competitor. Make your own decision, I already have.
galumay
learner
- Joined
- 17 September 2011
- Posts
- 3,394
- Reactions
- 2,220
So still a speccy with no product in the market. Good luck with your punt!
pixel
DIY Trader
- Joined
- 3 February 2010
- Posts
- 5,359
- Reactions
- 345
True, it's very speccy. But I like the technology and own some AKP myself. Small posi, speccie rules.
Hold/ Add/ Stop depending on where they take it wrt the D-Boxes.
galumay
learner
- Joined
- 17 September 2011
- Posts
- 3,394
- Reactions
- 2,220
Absolutely, I hold a couple of speccies myself. As you say its all about making sure strategy is aligned with the risk.
I think the technology is quite interesting, but whether they can transform that into a profitable business remains to be seen. I like my speccies a bit cheaper than $15 - especially when revenue is still $0!!
The gap between value and price is pretty well infinite at the moment, I will be interested to have another look if they can get the product to market and a profit is on the horizon.
pixel
DIY Trader
- Joined
- 3 February 2010
- Posts
- 5,359
- Reactions
- 345
In support of the optimists among us holders:
The weekly chart below shows a breakout of the 4-year trading range, coming off the most significant Fibonacci level. For argument's sake: Fib 161.8% would sit just above $19.
The weekly chart below shows a breakout of the 4-year trading range, coming off the most significant Fibonacci level. For argument's sake: Fib 161.8% would sit just above $19.
If you look on HotCopper, there are a number of comments from shareholders who attended the AGM today, including a transcript of the address from the CEO. I attended last year, but couldn't make it today, so am relying on the posts from people who were there. I think this will start to really hot up about August - everything I know about Fred Bart tells me that the company is for sale, at the right price. He's not going into the chip maufacturing business, he'll be talking to Sony, Sanyo, Apple, Google etc. Audio Pixels have been working on micro electronics for more than 10 years, have more than 100 patents. At least 20 of the world's largest companies are talking to them....they will complete the chip in Q3 and demo it. Then the fun starts.
pixel
DIY Trader
- Joined
- 3 February 2010
- Posts
- 5,359
- Reactions
- 345
Interestingly enough, EOS appears to be in the same, or at least a similar, situation.
Same backers, same people on the board.
Food for thought?
Hmmmmm...so you like your speccies a bit cheaper than $15 - well, since you made that post, the price just jumped past $19... Don't say you weren't in the know. This train is off and running, at the AGM, management confirmed they were talking to 20 of the largest companies in the world. Then said, "you have to compare apples with apples" The strategy is not to get the product to market and get positive cash flow and profit - this baby is for sale to the highest bidder and involves a paradigm shift in technology, protected by patents. As I said, I have a decent sized parcel and will not sell below $100 - I'm now starting to think that this price is a bit conservative.
Price has now gone through $19. You need to understand that the strategy is not to go into full scale manufacturing, but to auction the company off to the highest bidder. This is game changing technology.
pixel
DIY Trader
- Joined
- 3 February 2010
- Posts
- 5,359
- Reactions
- 345
For Maths' sake: Make that "just above$22". :1zhelp: (Fib 200% is $26.60)
And it looks as if we're well on the way.
pixel
DIY Trader
- Joined
- 3 February 2010
- Posts
- 5,359
- Reactions
- 345
oops! How embarrassing
The Fibonacci Levels on my semi-log chart are all wrong. I have reported the error to the software developer, but feel rather sheepish myself for not noticing it sooner.
Here is the correct chart, using the linear price scale:
You may need to change your definition of speccie - share price has just gone through $21. If you had bought in at $15, you'd be ahead 60% in less than a week. I've now revised my view - I will not sell any shares below $200
oops! How embarrassing
The Fibonacci Levels on my semi-log chart are all wrong. I have reported the error to the software developer, but feel rather sheepish myself for not noticing it sooner.
Here is the correct chart, using the linear price scale:
View attachment 66924
It's only 1025am and the price has already gone through $21
God only knows where it will end up, but I'm in a fantastic mood. Was told by someone who attended the AGM that Fred Bart admitted that he didn't know how much the company was worth, given the level of interest, and also the applicability of the technology in areas he'd never considered.
It's very good Burglar. Share price went through $21 today - and still rising. I bought in at $3.80
Don't say you were never in the know. Get on board the train, it's gunna get a lot higher than this.
pixel
DIY Trader
- Joined
- 3 February 2010
- Posts
- 5,359
- Reactions
- 345
If I held a $3.80 position, I'd reduced it to be free carried and sit on it, too.
As I only started buying again at $15, I do consider the chart a lot more. Yesterday's 20c gap-up may have amounted to only peanuts, but I anticipate it will be closed, most likely triggering further sell-off.
Sure, I could be wrong, but if I am, I still have the profit in the Bank, ready to re-invest.
