Small Aussie company into supercapacitors

Issued statement on 23/10 bemused at share price fall

Stock has since droopped another 15%

Basically I'm guessing institutional seller that got in on ipo needs out no buyers ----- free money for the patient --- 3-6 months if you belive the management that is

As for the business I have no idea :-)

first buy for the day over 7p is now happening, so good omen for the reversal

key reversal
A one-day reversal pattern that occurs when a market makes a new low, a spike low, known as a downtrend, and then reverses to close at or near the high, known as a downtrend, of the price bar. The implication is that the market has experienced an extreme intraday sentiment change and a reversal is likely.

Second wave of buying is on now and share price going over the last Intraday high of the day, meaning looking good just now

after slow start, were MMs had to bring the offer down to encourage buyers, finally done the job and now is up for the day and just over 7p

no profits yet but it will help for the accounts ...............

A R&D tax rebate from the Australian Tax Office of AUD$1.1million (2014: AUD$1.2 million) is also forecast to be received in October 2015.

is going places now 7.15p +0.25p

some larger trades with no sells for the last hour+

Major Shareholders -- Shares -- % Holding

Hargreaves Lansdown 46,068,498 17.3%
Legal & General Inv. 35,395,455 13.3%
Old Mutual PLC 27,449,532 10.3%
Barclays Private Bank 24,759,592 9.3%
TD Waterhouse 20,795,861 7.8%
Halifax Share Dealing 14,228,362 5.3%
Mr Michael Hennigan 9,550,000 3.6%
The Epping Trust 7,500,000 2.8%
HSBC Wealth Manag. 7,495,229 2.8%
Investor Nominees 6,873,990 2.6%
CGWL Nominees 5,588,149 2.1%
Wealth Nominees 4,776,009 1.8%
Winterflood Securities 4,317,456 1.6%
Lawshare Nominees 3,961,606 1.5%
Ducon Management 3,852,506 1.4%
Brewin Dolphin Secur. 3,427,815 1.3%
Investec.......... 2,627,930 1.0%
Mr Robin Dummett 2,460,252 0.9%
Hansa Capital ... 2,100,000 0.8%
Redmayne Bentley 1,788,165 0.7%
Puma Nominees 1,123,054 0.4%
Other ........... 31,980,189 12.0%

http://www.cap-xx.com/investors/

Chart update

Ready to move forward @ 6.125p, as it has been holding around this floor and up again for some time and sells are drying up. A floor has been formed on the chart and now creating higher lows,

Bought another lot earlier @ 6.15p

there was a double bottom on the 2 days chart and share price had reached a 78,6% retracement a very large retrace.
there was a large seller

That bodes well for CPX with the connection with Murata .........

7 Oct'15 - TOKYO— Apple Inc. parts supplier Murata Manufacturing Co. said it would build a new, $100 million factory in Japan, defying widespread worries a slowdown in China’s economy could damp smartphone sales.

“Even if the growth rate comes down to a certain level, we see demand for components increasing,” company President Tsuneo Murata said in an interview Wednesday.

While better-known Japanese electronics giants have struggled in recent years, Murata has strengthened its market-leading position in several kinds of smartphone parts,.including tiny capacitors and radio-frequency filters. As smartphones grow more sophisticated, they need more of these parts.

A surge to 7p just now though it was higher a bit earlier

Top up @ 5.85p

AGM update

There is a negative point ... deferment of orders from 1st half to 2nd half bu the rest of the update is supper bullish.
the marked down is overdone looking at the trades where buys equal sells yet is over 1p down.

Result of AGM and Chairman's AGM statement

The Board of CAP-XX announces that all resolutions put to shareholders at the Company's Annual General Meeting held earlier today were duly passed.

CAP-XX's Chairman, Pat Elliott, also provided the following update in relation to the Company's activities:

"The Board is very pleased with recent progress made with our large supercapacitors aimed at the automotive market. Our customers and potential partners have undertaken rigorous testing of our products, both in the field and in the lab, over the last several months, with excellent results. The Board looks forward to potentially providing additional updates on our automotive applications over the remainder of this quarter and the first quarter of 2016. We are also very pleased with the progress with our research and development partner Thales, and other third-party product development contracts, which is expected to continue over the coming months.

"The Board is also very encouraged by the interest shown by customers desiring small supercapacitors targeted at the various Internet of Things (IoT) markets. Murata royalties have more than doubled over the last year, and while still modest in absolute terms, we are pleased that Murata is forecasting increased small supercapacitor sales.

"As a result of our research efforts and after rigorous testing we have now increased the voltage rating of our Thinline and our single G series cells to 2.5V and 2.75V peak, and our dual cells to 5V and 5.5V peak. We believe that the effect of these significant performance improvements will be to greatly broaden our addressable markets. More importantly, this makes CAP-XX supercapacitors even more cost effective than previously. Our new Thinline range of supercapacitors has been very well received, and we have seen an increasing level of requests for product testing and prototyping in end products. As customers plan for the changes to these new parts, we expect that we will see some deferment of orders from the first half of the financial year to the second half.

"We remain very excited by the opportunities that we see for our supercapacitors in the automotive markets and the IoT and remain confident for the outcome for the year."

5.55p +0.30p
yesterday's almost flat bottom during the day was a signal of floor being reached (support )

personally i prefer peachy bottoms :-)

unless you're tiny-move whizz trader like mentor, this makes an interesting stock to tuck away for a few years
the technology is interesting, and if you (me too) are lucky, it will bear fruit in the fullness of time

5.75p +0.10p

on the up
It took its time and some MMs movement eventually the job is done, that with some time will encourage buyers ( already a couple 100K just now ) on looking at the chart from last Friday, is following the same trend

5.175p +0.20p

Is the stock finally on the bounce?
well since yesterday is trying to bounce on going under 5p and has managed to break the 5.035p resistance for the last couple days

http://www.cap-xx.com/investors/
Major Shareholders

Shares in issue: 269m Ords NPV
47.2% of the shares are not in public hands.
Major Shareholders Information
Major Shareholders Shares % Holding
Hargreaves Lansdown 46,068,498 17.3%
Legal & General Investment 35,395,455 13.3%
Old Mutual PLC 27,449,532 10.3%
Barclays Private Banking 24,759,592 9.3%
TD Waterhouse 20,795,861 7.8%
Halifax Share Dealing 14,228,362 5.3%
Mr Michael Hennigan 9,550,000 3.6%
The Epping Trust 7,500,000 2.8%
HSBC Wealth Management 7,495,229 2.8%
Investor Nominees 6,873,990 2.6%
CGWL Nominees 5,588,149 2.1%
Wealth Nominees 4,776,009 1.8%
Winterflood Securities 4,317,456 1.6%
Lawshare Nominees 3,961,606 1.5%
Ducon Management 3,852,506 1.4%
Brewin Dolphin Securities 3,427,815 1.3%
Investec 2,627,930 1.0%
Mr Robin Dummett 2,460,252 0.9%
Hansa Capital 2,100,000 0.8%
Redmayne Bentley 1,788,165 0.7%
Puma Nominees 1,123,054 0.4%
Other 31,980,189 12.0%
Director's Information
Shares % Holding
Anthony Kongats 9,660,333 3.6%
Patrick Elliot 4,593,281 1.7%
Bruce Grey 2,765,099 1.0%

A slight movement up to 4.75p, with signs of wanting to move higher, paying almost full offer now

Was 4.60p the low yesterday?
there was plenty of buying yesterday, but MMs held the price @ 4.65 v 4.70p
Was it Capitulation?

Second day rising out of three from lately lows, could easily be the end of this long downtrend from 8.50p to 4.40p

My post earlier somewhere else .............
XX 6 Nov'15 - 08:56 - 126 of 131
CPX 4.55p (4.50 / 4.60p )

Had a few up and down for the last few days after what it looks bottom. Everything in place for the change of direction on the chart. A good opportunity today as a couple of small sells got the offer price cheaper but there is more buys since. All Indicators are starting to move north from oversold and MACD the more bullish as is ready to cross up "0" and divergence.
CAP-XX makes super-capacitors which extend battery run-time and enable ultra-quick charging times for mobile phones, vehicles and medical devises.