SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : VALENCE TECHNOLOGY (VLNC)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: john t. brice who wrote (5569)11/25/1998 12:44:00 AM
From: FMK  Read Replies (1) of 27311
 
Hi John, I believe Hanil will start with a re-designed Italian assembly machine identical to one of the machines visitors will see next week in Northern Ireland. As I recall, Hanil announced their plans to produce 1 million cellphone batteries per month with theirs. I recently posted an estimate that Valence's half of Hanil's joint venture profits on 1 mln cellphone batteries per month could amount to around 80 cents earnings per Valence share. I understand that Valence will sell laminate to the JV at breakeven.

Profits from Valence's identical line are not split 50/50. If it's worthwhile for Hanil at 50% profit, it must definitely be profitable for Valence to operate a similar production line. The NI plant obviously has an earlier timetable.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext