Wow we actually got above .10 today!
Edit: ok...just found out why.
Good morning,
This is a ‘note to investors’ regarding the rapidly growing development of the market for liquid metal automotive parts. As we’ve mentioned many times in updates to our series of articles about Liquidmetal Technologies, Inc. (ticker: LQMT; “LMT”), the company has said focusing upon the automotive industry is the most likely path to rapid revenue growth for LMT investors.
With the article, entitled, “Tesla's Shanghai plant will be put into production during the year, who will benefit from the parts industry chain,” recently published by China Battery Enterprise Alliance, it appears the construction of Tesla’s new “Super Factory” in Shanghai is expected to be ahead of schedule. At the new Super Factory, in addition to providing liquid metal car door lock assemblies, mobile phone trays, hinges, USB ports to the iconic automaker, the article suggests Eontec (sister company of LMT) will provide battery cases and decorative parts (presumably emblems and trims, et cetera) for the Tesla’s new Model 3, scheduled for delivery in 2021.
Whether the LMT will financially benefit from Tesla’s new Super Factory, or not, we suggest investors take a forward-looking viewpoint to this latest kernel of information from an otherwise top-secret game plan executed by LMT CEO Lugee Li.
Because the market share of global manufacturing of vehicles has dramatically shifted to China (33.9%), where Beijing’s ‘Made in China 2025’ initiative includes expectations of leading edge technological advancements (once dominated by the United States, Europe and Japan), we suggest investors of LQMT should look at developments in China regarding the growing sales of liquid metal parts as a leading indicator to good tidings for forecast sales of automotive parts within LMT’s sales territory, where approximately 36% of global vehicle production is performed.
On Jul. 10, 2019, LMT announced it will outsource liquid metal parts production to Eontec, a strategic move we believe is a natural and prudent response to the trade war between the United States and China. The agreement between Eontec and LMT to split the world into two sales territories hasn’t changed the outlook of LMT. Essentially, the strategic move enhances the position of LMT to offer low-price high-quality liquid metal parts to automakers outside of China.
So as you know, I'm long-term LQMT at $.15 and will continue to provide updates whenever anything meaningful presents itself like this. This is a position I believe strongly in and look forward to the day my expertise, research and patience here pays off.
The diary of a real $ trader,
Jason Bond.
