Showing posts with label A123 Systems. Show all posts
Showing posts with label A123 Systems. Show all posts

Friday, March 9, 2007

The Fools, Altair and the... SEC

It's very hard for a company to keep advancing its operations and market evolution over a continued stream of fire as Altair Nanotechnologies is experiencing from The Motley Fool, Seth Jayson, Jack Uldrich and peers.

In the past weeks, Altair shares rose to a level consistent with its results and contracts. But, soon - here and here and here, three articles on three days?!... - The Motley Fool has attacked, as usually, to decrease Altair's momentum...

Now, the question has changed. It's not anymore "why?" or "for whom?" - A123 Systems? - , but "until when?". Until when will the SEC authorize this kind of systematic campaign over a company?...

Quousque tandem, Catilina, abutere patientia nostra?


Disclaimer: I own shares of Altair Nanotechnologies.

Monday, March 5, 2007

The Motley Fool cheating game over Altair

Altair goes up on news and The Fools strike back:

"The Motley Fool has written about Altair (Nasdaq: ALTI) for a number of years now, and most of the stories have tended to criticize various aspects of the company. In spite of some encouraging recent news, I would like to offer yet another reason for investors to be cautious about investing in Altair: a competitor that seems to hitting on all cylinders. The company is A123 Systems and, like Altair, it also develops lithium-ion battery technology." (bold is ours)


The Fools have lost its fake hair and now shows its nude baldness: The Fools are attacking Altair because they are on A123 Systems' side and are concerned about Altair be considered by the market and automakers the number one in electric batteries. So, when the IPO of A123 Systems occurs - and it will... - it can have better possibilities of success.

However, they keep asking: "Interested in other Foolishness about Altair?" Don't bother: we've seen your cheating game. I wonder until when will the market consent on this unfair attacks by a firm that behaves so unbiased.

Thursday, March 1, 2007

West versus East

According to the magazine Consumer Report, says MNSBC today:

"Japanese vehicle brands continue to rule the roost when it comes to car reliability, according to the latest annual survey from Consumer Reports.

Toyota and Honda’s brands scored top marks overall in the magazine’s “2007 Annual Car Reliability Survey,” which was compiled from survey responses from over 1.3 million magazine subscribers. The survey results will appear in the April issue of Consumer Reports magazine, which goes on sale March 6.

Toyota, Honda, Scion, Acura and Lexus took the top five places, in order, in the Consumer Reports list of the 36 most reliable car brands for 2007. Ford’s Mercury brand was the highest-placed U.S. nameplate, ranking 10th, while General Motors’ best-ranking brand was GMC, which came in at 14th on the list. Chrysler highest ranking was for its Dodge brand, which was placed 22nd on the list.

What’s more, for the second time in the 10-year history of the annual list, all of the magazine’s top car picks were Japanese brands. In addition, 55 of the 59 used car models recommended by the magazine were Japanese, again dominated by Toyota and Honda.

The snub by the closely watched consumer publication comes at a time of crisis for the Detroit-based automakers — GM, Ford and DaimlerChrysler AG’s Chrysler Group. All three U.S. automakers are shedding jobs and closing plants in an attempt to cope with a devastating loss of market share.

“Japanese models are still the most reliable — Toyota and Honda in particular,” said Rik Paul, automotive editor for Consumer Reports. “For years, their vehicles have consistently been the least problematic and the best in terms of reliability for years".

On average, the biggest increase in reported problems for cars comes when they are between 5 and 6 years old, which is when many owners think about selling their car. This is also the point where Toyota and Honda’s models excel in terms of reliability Paul said. The average 10-year-old Toyota or Honda has the same, or fewer, problems than a 4 or 5-year-old car from any of the U.S. automakers, or Volkswagen, he said.

“What we see is if a car starts out with problems in the first couple of years it will tend to stay problematic throughout its lifetime,” Paul said. “This is where Toyota and Honda really shine — they start out well and maintain their reliability, even through 10 years of use, and so a 9-year-old Lexus can have fewer problems than a 2006 Mercedes.”

When it comes to comparing new cars by nationality, one trend stood out: European automakers continue to lag Asian and North American manufacturers when it comes to reliability.

The big Japanese and the South Korean automakers have, on average, only 11 problems per 100 vehicles, the magazine said. U.S. automakers follow with 16 problems per 100, while European manufacturers have 19 problems per 100 cars.

In fact, European automakers have consistently fared poorly in recent years in Consumer Reports’ reliability surveys. Mercedes-Benz, in particular, has seen its reliability ranking decline sharply — this year, the German luxury brand placed last in the reliability list of 36 automobile brands, its reliability level 123 percent below the average for the whole industry, said Paul."


In this scenario of decadence of american and european automarkers, I maintain my confidence in the revolution of the electric car. Past week, Phoenix Motorcars president Dan Elliot was received, plus its vehicle with Altairnano batteries (35 Kw version, charged in 10 minutes, 130 miles per charge), begining full production in June, by president Bush, alongside with A123 Systems (charging in 5 hours and lasting 40 miles per charge...). The video can be seen here.


Disclaimer: I own shares of Altair, which has made an agreement to establish a position in Phoenix Motorcars.

Friday, December 1, 2006

Electric batteries versus fuel cells

The war on the auto sector between electric batteries (nano titanate, lithium ion, nickel metal hydride and nickel cadmium) and fuel cells seems to replicate the late war between the Super 8 camera and the VCR technology.

If the electric batteries developers - Altair Nanotechnologies, Valence Technology and A123 Systems - accomplish their promised goals, then the fuel cells technology can be overidden and even become a pre-flop - a flop that doesn't even happen. That is, fuel cells, which, furthermore require a hydrogen station apparatus, batteries could never be launched.

Electric batteries developers say that batteries can be charged at stations or at the user garage. Altair has announced that Nanosafe batteries can sustain 15,000 cycles (charge/discarge), last for 130/250 miles per charge, charge in 10 minutes at the station or 2 hours at home. That would make the hydrogen technology... obsolete.

"The 35 KWh NanoSafe pack can be recharged in less than 10 minutes, with the appropriate battery charger and provides sufficient power and energy for a fleet vehicle to travel up to 130 miles. The 70 KWh NanoSafe pack can also be recharged in less than 10 minutes, with the appropriate battery charger and provides sufficient power and energy for a full sized SUV to travel up to 250 miles."


Unless the fuel cells technology achieves the neo-alchemic dream of transforming water directly into energy and a consumer can put water in the tank which would be processed in hydrogen and then in energy, an electric battery charged with 3 dollars (!) will be absolutely better.

Les jeux sont faits. So, let's wait for a supplier chosen by a major player and see the big contract coming...

Disclaimer: in my portfolio, I own shares of Altair.