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Bear raid on arcw
Kind of dumb attacking before the materialise ipo...
But they will prob try and throw the kitchen sink at it...then some specious seeking alpha rip
Could lead to a great buy op
IKNX. .10 v -.04
strong q, expansion, aerospace orders...no 3d print details
and this
'Our Micro-Machining electronic wafer operation is also seeing renewed interest, with two premier technology companies asking for quotations on large volumes. '
Wonder what two premier tech companies
Suggest owning
Iknx ahead of earnings report later this week
Looks like cxdc might be first chinese 3d
See ceo comments
http://www.iamthestrategist.com/chinese-whispers/
This is a plastics company...mainly for auto parts but getting into aerospace and rail
About 300m cap...they make money...about 2 usd in 2013
Morgan Stanley is buying a stake...probably/possibly for this reason
No idea if they have proprietary tech or plan to be a farm
In my view
Stand clear of vjet and xone...i think the most likely outcome is that borh will remain ynder duress and eventully merge...in a stock for deal...as equals.
Together they are a much stronger company than each is separately...also xone already owns a large chunk of vjet ip...abd in fact relies on it...making a merger that much more likely
Still believe arcw is undervalued...largely unknown..prob becomes a wayvto play the Materialise ipo...similar company...arcw numbers look superior
Still anxious to hear what iknx has to say
But avoid all 3dprint penny wannabes lije the plague...which they are
Should trade 40s ahead of rhe split
Also believe iknx spilt highly likely
Materialise ipo filing
Saw the Materialise ipo filing
General impressions....filing makes clear they are first and foremost a 3d services company with ab army of various makers machines used in ops...also makes clear they are a software company that seeks to be integral in the prcess for a wide swath of makers printers ..revs and net growing roughly 50% yoy last couple years...they do have onetype of proprietary 3d printer they developed and own used specifically for larger scale 3d prints that the rest of the ibdustry has not yet addressed
No numbers yet for how man shares to be offered...and how man outstanding post offering..suspec it will be a hot ticket..also suspect it will have the market in search of other 3d krint services companies...believe ARCW will benefit
ARCW
Creeps higher
Believe it is being marked up
1.40 net income this year
Still under 200m cap
40s imo...buy any weakness
HP enters 3d in june
http://mobile.reuters.com/article/idUSL2N0MH01H20140320?type=companyNews&irpc=932
Note elsewhere...GE high on 3D scanning...predict new3d scanner cybe double digits
Suggest iknx if you want diversity
Iknx micromachining, cnc composite materials and digital printing lines...this in addition to the move into 3d printing
Additionally there has not been much discussion of iknx ultraviolet curing expertise...uv printers are going create a stir once understood
Personally i expect a split once north of 50...spec of course
IKNX on the runway
sec filing
'The Company has modified its DTX technology to enter the market for prototyping and 3D printing.'
http://biz.yahoo.com/e/140305/iknx10-k.html
Trading near 30...they make money... .34 for the year
.18 last q...the ceo forecast record 1q eps..they report in april
Current valuation about 60m makes it by far the cheapest 3d printer
900 k float makes it by far thr thinnest 3d printer...and according to the filing they own the patents on the 3d tech...which could be worth considerably more
Imo this could...on valuation alone double from here
I also think that because its so thin it could be run
This is speculation...but to me..at least a double from here..which would still be only a 120m cap
Renishaw flying
New highs 2223
IPGPhotonics
IPGP ceo says the company is entering 3d printing...that they already supply many of the leadibg 3D print manf with lasers used in various machines...their 3d print revs are currently quite small but growing rapidly....see recent conf call for details
3B cap
Some renishaw bona fides
http://www.renishaw.com/en/laser-melting-systems--15240
Renishaw new 52 week highs today
Up about 6%
Trades in london. and in the us on the pinks
Who knows maybe the brits finally waking up to 3d
Keep an eye on cybe
IKNX dd
IKNX reported friday.34 for the year ..fully .18 of that is the last q...the ceo forecasted record earnings for next q...and also pointed out tbeir 3D texture printing technology is gaining traction...see the pr
Basics iknx. About 40M cap..profitable. 2M out 900 k float...trades much thinner..feels like 300K...was up 8 on friday on 27K vol
Personally i think this is a largely unknown specialty 3d printer that focuses on printing textures...if its recognized as such i think ...given the size of the cap and how thin it is it could be the next real mover.
Found some more detailed dd elsewhere...i'll paste
http://finance.yahoo.com/q/ks?s=IKNX+Key+Statistics
IKNX reported .15 quarterly eps last week
http://finance.yahoo.com/news/ikonics-reports-record-sales-quarter-154013498.html
Digital texturing is a way of printing very fine, repeatable surface textures on any object in 3d...
this is what IKNX's proprietary DTXjet inkjet printer does. IKNX owns the patents for the process----any industry interested in printing surfaces of objects in 3d must consider IKNX tech for the job its in the process of being discovered by both the industry and inevitably investors--
----along with AMAVF i rate IKNX as the least understood and most undervalued in the 3d print arena--though IKNX's technology is a specialty type of printing 3d surfaces and at least for now not very well understood at large
---
Rapid Prototyping
Rapid prototyping with Digital Texturing allows for the direct transfer of a image onto a part or work piece to create an actual prototype of a textured item. 3-D texture with domed edges and actual prototypical look, shape, feel are easily accomplished
http://www.ikonics.com/ikonics_iis/rapid-prototyping
Prototyping Consumables
http://www.ikonics.com/ikonics_iis/rapid-prototyping
IKNX patent pending DTX printing creates digital textures in 3d.....most commonly seen as the leather like raised marterial used on automotive interiors.
IKNX second generation DTXjet printer was developed in partnership with Illinois Tool Works ITW's Trans Tech division----ITW is the sleeping giant of 3d print---thru their Trans Tech division
http://www.itwtranstech.com/Products/RapidPrototyping/tabid/2482/Default.aspx
-------------------------
Objet/SSYS Polyjet printer for digital texturing
'The growing use of textured parts and components in today's industry has increased dependence on high quality models. Textural requirements intensify the challenge of designing more detailed 3D models and push the limit for the use of effective RP solutions. But, such models can be produced easily using PolyJetâ„¢ Technology due to the ultra-thin layer thickness and high printing resolution."
'Direct Texturing (DT) is the manufacturing process that produces forms, prototypes and series-production parts with defined texturing or "scarred" surfaces (e.g. car dashboards and other leather-look parts). Molds used for embossing can be manufactured with a textured surface using DT, thereby reducing the number of production steps and eliminating the need for cylinders and silicone molds.'
http://www.streetdirectory.com/travel_guide/118424/printers/3d_printers_polyjet___technology_printers.html
Digital Texturing IS inherently printing in 3d
Stratasys/Objet discussion of digital texture printing
'Direct Texturing (DT) is the manufacturing process that produces forms, prototypes and series-production parts with defined texturing or “scarred” surfaces (e.g. car dashboards and other leather-look parts). Molds used for embossing can be manufactured with a textured surface using DT, thereby reducing the number of production steps and eliminating the need for cylinders and silicone molds.'
http://proto3000.com/faqs.php?module%5B2%5D=record:18,display:13,cache:36,page:1
------------------
sound familiar?
http://www.ikonics.com/ikonics_iis/
Additive Manufacturing is a quarterly publication devoted to the 3D printing and direct digital manufacturing technologies that build complex components layer by layer. Our focus is on the use of these additive technologies to manufacture functional parts, including end-use components and industrial tooling.
http://www.additivemanufacturinginsight.com/contact
IKNX listed in Additive Manufacturing
http://www.additivemanufacturinginsight.com/suppliers/ikonics
----
Like all the other 3d printers IKNX is a rapid prototyper -----the IKNX printer is called the DTXjet
http://www.ikonics.com/ikonics_iis/rapid-prototyping
IKNX -Lockheed for ceramic matrix composites---my guess is this relates to building aircraft engine parts--ceramic matrix compaosites are one material getting alot of attention as a probable 3d print material
small company on the forefront of several cutting edge technologies--and attracting big name partners and customers in last qs earnings they pointed out new business with Boeing and Airbus
http://www.ikonics.com/pdf/business-news/fquarter-02212013-cs.pdf
Noticed this
Iknx reported today..18 v .14
In the pr
'we are now seeing a demand for applications using a version of our technology for 3D texture printing and prototyping. '
Stocks thin ...35m cap 900k float
Correction...correct symbol is rnshf
For renishaw on the pinks..not rsnhf
If interested in titanium powders i suggest
Looking into RTI
Recently bought a 3Dprinter manufacturer to compliment their robust titanium and aerospace parts lines
From the looks of it they are going into 3D in a big way
http://www.rtiintl.com/
Yes renishaw is cheap
Thanks to eu myopia...if on the nasd here imowould easily be 2x its current cap of a little over 2b usd...in the same league as ddd and ssys that trade at considerably higher valuations
If you cant trade in london RSW.L it does have a us pink sheeter RSNHF..around 30...but i'm not sure its for a single share or .20 of a share...look into it if interested
Whats clear is eu investors dont have a clue about 3Dsector
Witness
Phenix...bought by ddd...doubled
Arcam...if still solely trading in europe would still be 11-12...instead o where i is. Split adjusted 170
Groupe Gorge...trading 10s when left to eu investors...has since more rhan doubled
Renishaw...tradung in london at about 2B usd...if on the nasd would be double tgat
Conversely if ddd and ssys traded only in eu i have little doubt guven european myopia theyd both be trading around 200-300m
Basically they have no vision....its all backward reconnaisance.
So..to me..its no surprise that some german investor pops up arguing 23m is a sold bubble over valuation for a 3d farm like Alphaform
So some basics...identify high growth sectors..identify all the players...identify gross undervaluation relative to peers...buy it.
This is not to say any company does not have to perform...they do..but if you understand the value of the sector you can anticipate growth
What i expect to happen is the backward looking myopic european way of valuing a 3d company..yet again...will be proven wrong...and us investors will be yet again...proven right.
Suggest correcting the symbol in the intro
Correct symbol is AFRMF
Not amrmf
Gotta love these german guys
The eu was mired ib the worst economy in decades..and is finally starting to get some traction...and they use the last few years as proof that the paltry value they assigned on their shorts was right.
Talk about backward...stocks are about the future...if you believe 3d printingis going to be big...in tge future..not the past herr shorty..then own the group..especially the unreasonably cheap ones like afrmf.
Btw whats really happening here is german investors...and eu investors at large have no clue about the importance of 3D print.....witness phenix..groupe gorge...voxeljet..among others.
So herr sa was caught short because us investors rightly understand this sector as super growth...so we get his transatlantic self serving warning.
No thank you sir..you are a backward visigoth that wouldnt know innovation if you tripped over it... this maybe a german company but the amergcan buyers youre so afraid of have this one right...gentle advice think forward not backward
ARCW .32 v .14
http://finance.yahoo.com/news/arc-group-worldwide-inc-reports-224400573.html
1.19m float...at 160M cap its stupid cheap
And bodes well for similar AFRMF..similar biz..insanely cheap imo at 23m cap
Arcw earnings wed pm
The comps are .14 and 17.5m revs....i think they report between .30 and .40 vs.14...and somewhere north of 20m revs......if so exp the stock to trade 30s
In addition arcw is a 3d farm...in the same way afrmf is...a big number for arcw should only increase interest in afrmf...love the vol btw
Imo best to think market cap
Rather thancurrent price in either euro or usd
At 20m or so it seems extremely cheap relative others in 3D printing...both services and more so mabufacturing printers
My guess is it trades somewhere between 60-100m cap..wild card is the smallish float..if a hedge fund or two gets involved it could be more
Sorry if i was unclear
Yes arcam and groupe gorge are printer manufacturers while alphaform is more like a 3d prinyer farm...imo they are like a much smaller Protolab PRLB or closer in size Arc Worldwide ARCW. PRLB does not manifacture 3d printers..theyre basically a 3d farm..yet they are unquestionably part of the 3d group and are valued as such..around 2b. ARCW is closer in scale and also does not manufacture 3d printers..the stock quintupled this year before pulling back to a mere triple. ARCW currently valued at about140m....or 6x what Alphaform is currently trading for..said another way if alphaform were to trade at only half of arcw's cap the stock would triple from current prices.
O came across a reseatch report that may be helpful..i'll paste it
Meet Alphaform AG
Alphaform AG (XETRA:ATF) is a German company engaged in the manufacture and sale of close-to-production prototypes, and finished parts primarily for the automotive and capital goods industries, by using additive manufacturing. The company was founded in 1995, and has been listed on the Frankfurt stock exchange since 2000. The company operates in two segments: Rapid Prototyping (development and manufacture of 3D printed products), and Bio-Medical activity (Precision Casting).
Rapid prototyping - 3D printing
Company's rapid prototyping segment amounts to more than 62% of its revenue source and holds its key growth potential. Most of the Rapid Prototyping sales are made to the automotive sector with big clients like BMW, Mercedes, Audi and Porsche. Yet the company now aims towards other sectors, including Titanium and Chrome-Cobalt medical implants and increase its R&D investments in the 3D printing materials and related 3D printing technologies.
Alphaform AG's main business does not include the development or manufacture of 3D printers. Instead, Alphaform AG supplies a service of additive manufacturing; the company operates a manufacturing center that includes several dozen 3D printers of diverse printing technologies (Laser Sintering, Stereolithography, and Polyjet). Recently, the company launched a new service called Artshapes. Artshapes sells high quality, additive manufactured design and art works through an own internet platform. Creating one-of-a-kind artworks really fulfills the 3D printing vision, and we believe that this service could generate substantial revenues from the retail 3D printing market.
Although the company itself does not produce or develop the 3D printers, it intends to be a pioneer in the laser sintering manufacturing technology focused on the medical industry, and, should this technology take off as the company predicts it would, it would make the company one of the prime beneficiaries of the 3D printing revolution. Alphaform has positioned itself as a pioneer in the area of laser sintering (same technology used by XONE and VJET), with the purpose of using Titanium powder in order to produce, layer by layer, high quality orthopedic implants, which would "require a very expensive high tech laser system and extremely professional product and production planning" says Dr Thomas Vetter (CEO), which is the main area of R&D in Alphaform today. Alphaform is developing new materials for 3D printing.
One of the prime factors that could contribute to the company's aims, is its raltion to the well know, privately held 3D printing producer EOS. This connection is based on the fact that Hans J. Langer, founder and largest share holder of EOS, is also the largest shareholder of Alphaform AG and is a member of its supervisory board. Also, a significant number of the company's 3D printers fleet, was produced by EOS.
In addition to the 3D printing service, the company also has CNC milling shaping activity which enhances the company's ability to create custom made products.
Bio-Medical (Rapid Casting)
In 2008, the company acquired MediMet Precision Casting and Implants Technology. MediMet is a German company which operates in the field of medical implants primarily in the orthopedic sector. This sector amounts to approximately 38% of the company's revenue. According to the company, MediMet's revenue is expected to grow by 3 – 10% per year over the next 5 years. MediMet is becoming a significant player in the European orthopedic implants market, producing almost 200,000 implants a year.
A Hidden Gem
In 2013 analysts and investors tried to look for companies that are related to the 3D printing company. Few companies managed to stay under the analysts radar. Among these companies, we can state Group'e Gorge (GGRGF), that was almost anonymous until late 2013. Alphaform AG is another company engaged directly in the growing 3D printing industry, and yet, is unknown for the common investor. We believe that the fact that both companies are European, played a major part in their relative anonymity (GGRGF was covered only after registering an ADR in the US markets).
Although the company's stock gained 59.4% in 2013, we believe that it is still trading very low; with a market cap of €16.17m, the company's price to sales ratio is only 0.63 and the price to book ratio is only 1.4. If we compare these numbers to other players in the 3D printing industry, we will see that the company is greatly undervalued.
Ticker
ATF.DE
VJET
GGRGF
XONE
CAMT
Name
Alphaform AG
Voxeljet
Groupe Gorge
ExOne
Camtek
Market Cap:
21.9
395.5
272.0
771.1
108.2
Revenue (ttm):
34.7
13.0
213.8
41.5
79.7
Price/Sales (ttm):
0.6
29.5
0.9
18.6
1.4
EBITDA (ttm):
443.6
1.6
14.2
1.8
1.1
Net Income (ttm):
(1.2)
(0.3)
4.3
(2.9)
(3.9)
EPS (ttm):
(0.2)
(2.7)
0.3
(0.3)
(0.1)
Price/Book
1.4
268.8
5.9
5.2
1.8
P/E (ttm):
N/A
N/A
84.12
N/A
N/A
Location
Germany
Germany
France
USA
Israel
As aforementioned, Alphaform's variety of 3D printing technologies, it's pioneering laser sintering manufacturing technology use, relation to EOS and the development of new 3D printing materials, could make Alphaform AG one of the prime beneficiaries of the 3D printing revolution.
From 2009 to 2012, the company experienced constant growth, and although during the first half of 2013 it suffered a decline in revenue, by the third quarter of 2013, the company got back to its former growth trend and is expecting that 2013 Q4 and 2014 will present good results and growing revenues. Even though Q4 is expected to result in profit, FY 2013 is expected to result in net loss due to the first half of the year. We believe that with the constant growing interest in 3D printing and the cutting edge technology used and developed by the company, 2014 should result in profit.
Conclusion
Although Alphaform AG does not manufacture 3D printers, company's activity is a safe way to benefit from the growing demand for 3D printed products and a constant growing backlog. The development of materials and related 3D printing technologies is vital to the completion of the 3D printing revolution, in which, we believe, Alphaform is set to play a major role. Alphaform AG allows investors to benefit from the rapid growth of the 3D printing industry, while buying undervalued stocks, which are trading in extremely low multiples. The Bio-Medical segment is growing and could generate substantial profit in the future. We see a substantial upside in Alphaform AG and believe that the bio-medical segment is a treat that could push the stock to even higher.
3D euro trend identified
3d euro trend identified
Noticed a developing trend
1.Phenix...french 3d printer trading only on french exchange....gets bought out by DDD for 100% premium
2. Arcam..swedish 3d printer trading in sweden on nasd eu omx at a fraction of us comps valuation..gets us otc listing..stock runs from teens to split adjusted 200
3. Groupe Gorge..french 3d..trading only in france..gets us otc listing..promptly doubles
Now comes Alphaform trading only on a secondary german exchange...at by far the tiniest valuation..around 20m..as of friday afternoon they get us otc listing
Whats clearly happening here is all the remaining unknown established companies involved in 3d printing are trading on obscure eu exchanges ..further they are trading at relative fractions of similar us companies..once they are listed here in the us...within reach of most american investors they are discovered and taken up to valuations comparable to other similar us companies involved in 3d printing.
I expect Alphaform AFRMF...with more revs than for example vjet...and its close ties to eu 3d print giant Eos to follow this pattern once word of the listing gets out.
Closed yesterday in germany at 3.20 euros...in the us 4.70 usd..accounting for currency difference.
I'm told AFRMF spread
Is 4.50 x 5 usd...or about 3.30 x 3.67 in euros..small premium to german close of about 3.20 euros...or about 4.36 usd... 12k volume traded
I agree the cap is way too small..i consider this a way to get exposure to 3d german giant Eos due to their close ties..possible triple imo..tiny shares os
Respectfully disagree on zsmpf
This is a 3d display tech...akin to 3d glasses for movies..allows the user to the object in 3 dimensions..which to me ia a moot point...the pc shows the object in 3d..to me this smacks of a me too pr trying to piggyback real 3d print popularity
Time will tell
If citron was monumentally wrong on ddd last year why would anyone give credence to their retreaded arguments?
[url]New alltime highs AMAVF
44s now...about 177 presplit...i expect 50s...its possible the split was to meet nasd listing req...have to see[/url][tag]insert-text-here[/tag]
Prediction AMAVF
The split was to in crease liquidity to meet nasd listing req...i think a prelude to uplisting...
CVV patents cvd graphene
14s. 90m cap. breakout...if you rhink graphene and 3dprinting merge this is the one imo
http://www.azonano.com/news.aspx?newsID=29139