Vanskelig å si med thin men fin avslutning på uka til tross for litt selloff i mange aksjer. Solid støtte rundt 0.52, men tror ikke vi skal dit når det er melding forestående any time

Joda.
Vi kom atter en liten stund ned til 0,52.
Men blir nok dobbelbunn på 0,52. Nå skal vi opp!😷

En liten sammenligning av Thin og Ilika, de to største innenfor neste generasjons batterier. Gir en god forklaring på hvorfor Thin i dag kan være en kjempe investering.
(prøvde å legge ut linken til PDF filen her, men det fikk jeg ikke til så beklager at innlegget ble så langt)


Thinfilm (OSE: THIN) and Ilika (AIM:IKA) are solid-state battery technology companies
targeting the medical wearables and industrial connector sensors markets. Further, Ilika is in
the development stage of larger cells for sensors in electric vehicles, while Thinfilm targets
the hearables, and sport and fitness wearables markets. These micro-batteries are in high
demand, as solid-state battery technology has several compelling advantages over
conventional lithium ion batteries, including smaller footprint, high energy density, non-toxic
materials, faster charging, increased cycle life, low leakage and little to no flammability. For
instance, a conventional lithium-ion battery can store twice the energy of a nickel cadmium
battery of the same size and weight. Solid-state batteries can store around double the charge
of their counterparts, resulting in batteries that are smaller and better for the same amount of
charge stored – while charging at twice the speed and lasting for 2-3 times more cycles.
Unsurprisingly then, this battery market is expected to see huge growth going forward. The
MedTech battery market alone will represent $2.2bn in sales by 2024, while consumer
electronics will make up about $50bn by 2025.
There are very few publicly traded companies targeting this market. While Cymbet and ITEN
are developing power solutions focused on solid-state batteries, they are privately held. Ilika
and Thinfilm are most likely one of the few publicly traded niche players developing solidstate batteries for MedTech and Consumer Electronics. However, other companies like
QuantumScape and blue-chip conglomerates are working on solid-state batteries for use in
electronic vehicles (EVs).
While both Thinfilm and Ilika are pre-revenue, the value proposition is simple: 1) Nextgeneration medical devices are designed to be smart, which requires a very small powersource, 2) Produce next-gen technology with safer, greener, longer-lasting, faster-charging
batteries for these small products 3) Partner with blue-chip companies with clear routes to the
market, and 3) Produce and sell these batteries (Thinfilm), or Licensing the technology,
potentially into a joint venture for large volume production (Ilika). As you can see, it is not a
zero-sum game - it is possible that the two companies will work together.
The main difference between Thinfilm and Ilika is that the former already has a Roll-to-Roll
facility for production of electronic devices on flexible plastics, based in San Jose, California.
Thinfilm took a solid-state battery technology developed by the Oak Ridge National
Laboratory in the US in the 1990s, which is no longer under a patent, and adapted it so that
the layers forming the battery are printed on a very thin steel substrate. By using Thinfilm’s
manufacturing technology and installed equipment, the risk of new technology
implementation is minimized. Since Thinfilm manufactures the batteries on an ultra-thin film
of stainless steel, the battery is flexible and durable, and can easily be made in unusual forms
such as rings, which is perfect for smaller wearables. The facility was previously used to
produce several million anti-theft tags, so the company has cost-efficiently managed to create
volume production of thinfilm solid-state batteries with an existing facility, saving tens of
million in capital expenditure costs.
In October 2020, Thinfilm wrote the following:
“To enable ultra-compact, energy-dense, milliamp-hour-class batteries, Thinfilm has
successfully demonstrated the first multi-cell battery based on its solid-state lithium battery
(SSLB) technology. Innovations in steel-substrate cell stacking are essential to creating
solid-state battery products for hearing aids, earbuds, on-body sensors, and other products
prioritizing size and shape. By overcoming packaging limitations that have previously
prevented wider use of solid-state technology, Thinfilm is expanding the technology's many
benefits to previously unaddressed markets.”
Now, the company plans to deliver samples and are in conversations with a growing list of
blue-chip prospects that have validated and shown interest in Thinfilm’s products.
On the other hand, Ilika batteries uses a patented ceramic electrolyte that boosts energy
density by 50% compared to other solid-state batteries. It is commercializing smaller Stereax
batteries suitable for networked medical devices, automotive sensors, and smart homes. It is
produced as a part of a silicon wafer, which can crack more easily, in contrast to the flexible
stainless steel that Thinfilm uses. But, they’re both extremely efficient for small-scale use
compared to traditional batteries.
Thinfilm is a more niche player than Ilika, as the former is settling on a smaller market with
little competition. Ilika, on the other hand, is also targeting the EV market while attempting to
penetrate the wearables market, which could be expensive (high R&D costs for developing a
new, more powerful battery) and difficult (more competition trying to capture the same
market). Since Ilika will need to invest and expand to reach volume production and
technological capacity, Ilika is at risk of investing a lot of money to compete in a soon-to-be
commoditized market, losing investor money in the process.
At the same time, Thinfilm has higher energy density, lower costs, better flexibility functions,
and lower capex requirements, as the $40m factory in San Jose is already up and running.
Thinfilm’s R2R facility can produce around 50m micro-batteries per year, versus Ilika at
1,500 batteries per year. Incidentally, this opens the opportunity for Ilika to use Thinfilm as a
manufacturing partner, through a joint venture where Thinfilm will take a share of its profits.
Furthermore, Thinfilm’s batteries (from samples only) have a power capacity of 50 milliamp
hours (mAh), versus 0.05mAh for Ilika. In order to solve this problem, the latter plans to
combine the cells like Lego blocks in order to reach a higher mAh level.
With a production facility in place, a proven technology and successful sampling, Thinfilm
has started building a 24+ partnership-base of potential customers, some of which are
expected to order solid-state lithium battery products by the end of 2021. Potential customers
include tier one OEM customers in medical wearables, hearables, connected sensors and
sports wearables markets, like Demant A/S, Fitbit and Apple.

Thinfilm’s initial target market is predicted to grow to over 1bn units per year by 2025. At a
price per unit in the lower single-digit dollars, that’s a market of between $2bn to $5bn.
Further, they plan to enhance their current technology in order to reach a higher energy
density in their batteries. If they succeed, Thinfilm can expand their TAM to power tools,
smart phones and EVs. Thinfilm’s management estimates that the company will break even
with an output of around 10m units a year, equal to a 1% market share and a turnover of
$30m. The company is targeting a cashflow break-even status by the end of 2022. As larger
companies notice that they can develop products incorporating Thinfilm’s batteries,
production will scale, and positive cash-generation can be expected by 2023.
Furthermore, Thinfilm’s unit economics are excellent, with a fixed production cost of $20m
and a variable cost of 30%, providing an EBITDA margin of 50%+.
With an estimated 5% market share and price per unit of $4, Thinfilm can expect to generate
FY ’25 revenues of $220 million and EBITDA of over $100m. As the current market
capitalization is around $71 million, the stock is currently trading at a ’25 EV/S of 0.3x and an
EV/EBITDA of 0.65x. Even in a very conservative assumption, with a $1 price per unit and a
2.5% market share, the company will generate $33 million in revenues and $9.1 million in
EBITDA. At a EV/EBITDA multiple of 22x, the market capitalization should be around
$200m, representing a 200% upside. However, it seems likely that the market should price in
the possibility of a 5-10% market share with a unit price of $3-$4, which results in an
EBITDA of between $100m and $300m. At an EV/EBITDA of 20x, we have a potential
future value of the company between $2bn and $6bn. Discounting this to a 10% probability
and the current fair price of Thinfilm is between $200m and $600m, versus the current
valuation of $71m.
Furthermore, a peer analysis with Ilika also shows that Thinfilm remains deeply undervalued
despite being a leading candidate in a very promising industry. While Ilika targets very
similar markets as Thinfilm, has worse technology and no scale production capacity, the
company is currently valued at $500 million on the Alternative Investment Market on the
London Stock Exchange.
This valuation gap is curious and can only be attributed to a euphoric surge from foreign
investors in London, as the stock has exploded higher recently. Ilika stock is up 700% since
the beginning of 2020 and has surged 150% since early December. At the same time,
Thinfilm is only up 50% since they announced their solid-state battery breakthrough in
October. While daily share turnover has moved higher in the past months, Thinfilm’s stock
liquidity per day is still only about $1.5 million, with a daily high in December of $7 million
in shares traded per day. Ilika, on the other hand, has a daily turnover of £130 million, equal
to $180 million…
What happens when those same investors wake up to the promised land of Thinfilm? One can
only imagine.

Flott sammendrag!
Bør vi ikke forvente oss melding snart? Eller konmer den kanskje sammens med noe mer tro?
Samtidig synes jeg markedet er litt ustabilt om dagen med tanke på corona.

Da var den der.-)

https://www.globenewswire.com/news-release/2021/01/26/2163960/0/en/Thinfilm-Announces-Solid-State-Battery-Commercialization-Progress.html

Spenning utløst- ta plass

https://www.norskbulls.com/m/SignalPage.aspx?lang=en&Ticker=THIN.OL

En liten sammenligning av Thin og Ilika, de to største innenfor neste generasjons batterier. Gir en god forklaring på hvorfor Thin i dag kan være en kjempe investering.
(prøvde å legge ut linken til PDF filen her, men det fikk jeg ikke til så beklager at innlegget ble så langt)


Thinfilm (OSE: THIN) and Ilika (AIM:IKA) are solid-state battery technology companies
targeting the medical wearables and industrial connector sensors markets. Further, Ilika is in
the development stage of larger cells for sensors in electric vehicles, while Thinfilm targets
the hearables, and sport and fitness wearables markets. These micro-batteries are in high
demand, as solid-state battery technology has several compelling advantages over
conventional lithium ion batteries, including smaller footprint, high energy density, non-toxic
materials, faster charging, increased cycle life, low leakage and little to no flammability. For
instance, a conventional lithium-ion battery can store twice the energy of a nickel cadmium
battery of the same size and weight. Solid-state batteries can store around double the charge
of their counterparts, resulting in batteries that are smaller and better for the same amount of
charge stored – while charging at twice the speed and lasting for 2-3 times more cycles.
Unsurprisingly then, this battery market is expected to see huge growth going forward. The
MedTech battery market alone will represent $2.2bn in sales by 2024, while consumer
electronics will make up about $50bn by 2025.
There are very few publicly traded companies targeting this market. While Cymbet and ITEN
are developing power solutions focused on solid-state batteries, they are privately held. Ilika
and Thinfilm are most likely one of the few publicly traded niche players developing solidstate batteries for MedTech and Consumer Electronics. However, other companies like
QuantumScape and blue-chip conglomerates are working on solid-state batteries for use in
electronic vehicles (EVs).
While both Thinfilm and Ilika are pre-revenue, the value proposition is simple: 1) Nextgeneration medical devices are designed to be smart, which requires a very small powersource, 2) Produce next-gen technology with safer, greener, longer-lasting, faster-charging
batteries for these small products 3) Partner with blue-chip companies with clear routes to the
market, and 3) Produce and sell these batteries (Thinfilm), or Licensing the technology,
potentially into a joint venture for large volume production (Ilika). As you can see, it is not a
zero-sum game - it is possible that the two companies will work together.
The main difference between Thinfilm and Ilika is that the former already has a Roll-to-Roll
facility for production of electronic devices on flexible plastics, based in San Jose, California.
Thinfilm took a solid-state battery technology developed by the Oak Ridge National
Laboratory in the US in the 1990s, which is no longer under a patent, and adapted it so that
the layers forming the battery are printed on a very thin steel substrate. By using Thinfilm’s
manufacturing technology and installed equipment, the risk of new technology
implementation is minimized. Since Thinfilm manufactures the batteries on an ultra-thin film
of stainless steel, the battery is flexible and durable, and can easily be made in unusual forms
such as rings, which is perfect for smaller wearables. The facility was previously used to
produce several million anti-theft tags, so the company has cost-efficiently managed to create
volume production of thinfilm solid-state batteries with an existing facility, saving tens of
million in capital expenditure costs.
In October 2020, Thinfilm wrote the following:
“To enable ultra-compact, energy-dense, milliamp-hour-class batteries, Thinfilm has
successfully demonstrated the first multi-cell battery based on its solid-state lithium battery
(SSLB) technology. Innovations in steel-substrate cell stacking are essential to creating
solid-state battery products for hearing aids, earbuds, on-body sensors, and other products
prioritizing size and shape. By overcoming packaging limitations that have previously
prevented wider use of solid-state technology, Thinfilm is expanding the technology's many
benefits to previously unaddressed markets.”
Now, the company plans to deliver samples and are in conversations with a growing list of
blue-chip prospects that have validated and shown interest in Thinfilm’s products.
On the other hand, Ilika batteries uses a patented ceramic electrolyte that boosts energy
density by 50% compared to other solid-state batteries. It is commercializing smaller Stereax
batteries suitable for networked medical devices, automotive sensors, and smart homes. It is
produced as a part of a silicon wafer, which can crack more easily, in contrast to the flexible
stainless steel that Thinfilm uses. But, they’re both extremely efficient for small-scale use
compared to traditional batteries.
Thinfilm is a more niche player than Ilika, as the former is settling on a smaller market with
little competition. Ilika, on the other hand, is also targeting the EV market while attempting to
penetrate the wearables market, which could be expensive (high R&D costs for developing a
new, more powerful battery) and difficult (more competition trying to capture the same
market). Since Ilika will need to invest and expand to reach volume production and
technological capacity, Ilika is at risk of investing a lot of money to compete in a soon-to-be
commoditized market, losing investor money in the process.
At the same time, Thinfilm has higher energy density, lower costs, better flexibility functions,
and lower capex requirements, as the $40m factory in San Jose is already up and running.
Thinfilm’s R2R facility can produce around 50m micro-batteries per year, versus Ilika at
1,500 batteries per year. Incidentally, this opens the opportunity for Ilika to use Thinfilm as a
manufacturing partner, through a joint venture where Thinfilm will take a share of its profits.
Furthermore, Thinfilm’s batteries (from samples only) have a power capacity of 50 milliamp
hours (mAh), versus 0.05mAh for Ilika. In order to solve this problem, the latter plans to
combine the cells like Lego blocks in order to reach a higher mAh level.
With a production facility in place, a proven technology and successful sampling, Thinfilm
has started building a 24+ partnership-base of potential customers, some of which are
expected to order solid-state lithium battery products by the end of 2021. Potential customers
include tier one OEM customers in medical wearables, hearables, connected sensors and
sports wearables markets, like Demant A/S, Fitbit and Apple.

Thinfilm’s initial target market is predicted to grow to over 1bn units per year by 2025. At a
price per unit in the lower single-digit dollars, that’s a market of between $2bn to $5bn.
Further, they plan to enhance their current technology in order to reach a higher energy
density in their batteries. If they succeed, Thinfilm can expand their TAM to power tools,
smart phones and EVs. Thinfilm’s management estimates that the company will break even
with an output of around 10m units a year, equal to a 1% market share and a turnover of
$30m. The company is targeting a cashflow break-even status by the end of 2022. As larger
companies notice that they can develop products incorporating Thinfilm’s batteries,
production will scale, and positive cash-generation can be expected by 2023.
Furthermore, Thinfilm’s unit economics are excellent, with a fixed production cost of $20m
and a variable cost of 30%, providing an EBITDA margin of 50%+.
With an estimated 5% market share and price per unit of $4, Thinfilm can expect to generate
FY ’25 revenues of $220 million and EBITDA of over $100m. As the current market
capitalization is around $71 million, the stock is currently trading at a ’25 EV/S of 0.3x and an
EV/EBITDA of 0.65x. Even in a very conservative assumption, with a $1 price per unit and a
2.5% market share, the company will generate $33 million in revenues and $9.1 million in
EBITDA. At a EV/EBITDA multiple of 22x, the market capitalization should be around
$200m, representing a 200% upside. However, it seems likely that the market should price in
the possibility of a 5-10% market share with a unit price of $3-$4, which results in an
EBITDA of between $100m and $300m. At an EV/EBITDA of 20x, we have a potential
future value of the company between $2bn and $6bn. Discounting this to a 10% probability
and the current fair price of Thinfilm is between $200m and $600m, versus the current
valuation of $71m.
Furthermore, a peer analysis with Ilika also shows that Thinfilm remains deeply undervalued
despite being a leading candidate in a very promising industry. While Ilika targets very
similar markets as Thinfilm, has worse technology and no scale production capacity, the
company is currently valued at $500 million on the Alternative Investment Market on the
London Stock Exchange.
This valuation gap is curious and can only be attributed to a euphoric surge from foreign
investors in London, as the stock has exploded higher recently. Ilika stock is up 700% since
the beginning of 2020 and has surged 150% since early December. At the same time,
Thinfilm is only up 50% since they announced their solid-state battery breakthrough in
October. While daily share turnover has moved higher in the past months, Thinfilm’s stock
liquidity per day is still only about $1.5 million, with a daily high in December of $7 million
in shares traded per day. Ilika, on the other hand, has a daily turnover of £130 million, equal
to $180 million…
What happens when those same investors wake up to the promised land of Thinfilm? One can
only imagine.

Konklusjon for baisser idioter som liker enkle ord og meninger og kun såvidt klarer å lese overskrifter med capslock inne:

FiITBIT

AND

APPLE

Du drømmer og ingen du oppgir har noe med Thin å gjøre

« The Company can now announce that Thinfilm's go-to-market initiatives have
resulted in signed technology evaluation agreements with potential customers and
partners.»

https://newsweb.oslobors.no/message/523137

Hadde jo vært fint å visst hvem denne «potensielle kunden» er. Blir vel ikke så lenge for det blir «lekket eller annonsert 😊

Det er forventet at det blir levert "ordre" i slutten av året hvis alt går etter planen og Thin klarer å stå økonomisk rett innen det. Det kreves emisjon ganske snart og tror de har den klar på Q4. Thin må også ha en spleis for å opprettholde OSE regel om at aksjer skal ha en kurs over 1 kr. Thin har ligget lenge med kurs under en krone.

Jeg har ikke avskrevet Thin som en fiasko men det skal en del til for å få investorer inn som er seriøse. Eierne i Thin er ikke akkurat kjent for suksess annet enn for egen del og gjør mye penger på emisjoner og warrants

Med C warrants har de vel penger til juni (eller der omkring). Byr vel ikke på store problemer med å skaffe nok kapital til å få fabrikken opp å gå når en har kommet så langt.

Det kan hende men de kan ikke leve videre uten ordre. Ordre kommer som kjent tidligst i slutten av året hvis alt går som planlagt . Thin brenner mye cash og se bare på Q3 rapporten

I motsetning til NFC er jo der et stort marked for batterier av denne typen, så med de spesifikasjonene THIN har på sine batterier er vel der svært gode muligheter for å få ordrer.

Sitter vel en designer og tegner på noe nye produkter eller nye modeller med THIN batterier allerede.

Begynner å se meget bra ut! mindre og mindre på selgersiden og i tillegg ble vi kvitt noen warrants forrige uke. Et brudd opp kan komme når som helst nå!

Ja, får håpe Thin klarer å få igang noe men er p.t skeptisk til Thin enn så lenge. De burde ha fått inn partnere (som skulle presenteres i slutten av 2020) men uteble. Har p.t ingen partnere eller ordre av noen ting. Hvis Thin hadde vært så "langt" fremme som flere påstår så burde det vært mer info på dette og ikke minst anbefalinger fra meglerhus m.m da batterier er i tiden. Thin har altså ingenting p.t annet enn en plan

Ligger ann til et kraftig brudd oppover nå.

Og så treffer vi lod..?

Kan du egentlig lese useriøs.? Se forrige melding... Hva er det du driver med?

Har man overlevd Thin i 25 år , er det håp