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Posted On: 06/08/2018 4:39:19 PM
Post# of 40
$FLUX Shares Rise 38% This Week Reaching $0.93
Flux shares have continued to perform well after ending March at $0.50 they ended April at $0.53 and May at $0.65.
The share price seems to be influenced by the company's growing traction in the sales of its lithium-ion battery replacement for lead-acid forklift batteries - what is a $10B sales opportunity. Lithium outperforms lead-acid in virtually every respect - and does so at a lower total cost of ownership. Major food & beverage customers have begun to deploy Flux solutions and the company is also solidifying its OEM relationships as well.
Flux sales were up over 400% in Q3 and are up over 200% year to date to $3M in FY 2018 (ending June 30th) versus $0.9M in FY 2017 and with a strong outlook for next year.
Additionally, last month Flux raised $800,000 at $0.70 per share - well above the trading price in the $0.55 cent range - and sending a strong signal on investors views of Flux's potential.
Never expected a run-up like this - but also the Company's valuation has been very low relative to its potential opportunity - seems like a recasting of the glass to be half full rather than half empty - but remains to be seen. We have no crystal ball for share prices - but are impressed with what CEO Ron Dutt and his team have accomplished in four years to build a leadership position in this emerging market. More info at www.fluxpwr.com
Flux shares have continued to perform well after ending March at $0.50 they ended April at $0.53 and May at $0.65.
The share price seems to be influenced by the company's growing traction in the sales of its lithium-ion battery replacement for lead-acid forklift batteries - what is a $10B sales opportunity. Lithium outperforms lead-acid in virtually every respect - and does so at a lower total cost of ownership. Major food & beverage customers have begun to deploy Flux solutions and the company is also solidifying its OEM relationships as well.
Flux sales were up over 400% in Q3 and are up over 200% year to date to $3M in FY 2018 (ending June 30th) versus $0.9M in FY 2017 and with a strong outlook for next year.
Additionally, last month Flux raised $800,000 at $0.70 per share - well above the trading price in the $0.55 cent range - and sending a strong signal on investors views of Flux's potential.
Never expected a run-up like this - but also the Company's valuation has been very low relative to its potential opportunity - seems like a recasting of the glass to be half full rather than half empty - but remains to be seen. We have no crystal ball for share prices - but are impressed with what CEO Ron Dutt and his team have accomplished in four years to build a leadership position in this emerging market. More info at www.fluxpwr.com
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Posts that I make on Investors Hangout reflect my own personal thinking and opinion and are neither endorsed nor approved by the subject companies, many of which may be clients or client prospects of our our NY-based investor relations consulting firm.
David Collins, Managing Director
Catalyst Global Investor Relations
www.catalyst-ir.com
dcc@catatalyst-ir.com
212 924 9800
David Collins, Managing Director
Catalyst Global Investor Relations
www.catalyst-ir.com
dcc@catatalyst-ir.com
212 924 9800
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