certainly! Bosch is a customer for Aixtron, running Beta tests on the new SIC machines.. I think they disclosed that in the last 3-4 conf calls.. so absolutely, this is positive for Aixtron.
More positive though is a recent interview with the CEO/CFO from Bosch in the Financial Times who said that Auto OEMs have to put "money on the table" to ensure better supply and a more stable Chip order situation in the future.
Clearly more capacity coming in the Chipsector in Europe!
The Semi.org news referenced in post#1012 has been modified. The latest version has taken out the section that has the names of the companies attended. The latest version has gone through two revisions already and certain MOCVD information has now been deleted. I guess someone is monitoring here and there and realized certain information should not be out there. Aixtron should make a press release soon since Innoscience is already making news with Aixtron in there. Look at the price today!
@Alex, agree, that is the news we have been waiting for?even though it has not been a complete surprise (ref. fel?s excellent postings following the latest quarterly results).
Thus, the real good news in my view is the timing (I would have expected such a news only in a month time or with the 2Q report) and in particular the magnitude of the guidance increase! It?s not just a 360 to 380ish increase, but rather an astonishing 360 to 420m! Following the 3Q20 result, the 2021 revenue consensus number stood at 290m, following the 4Q20 numbers it was 340m, following 1Q numbers it was 360m ? now we will probably end up at a consensus number of 420-430m. If you need a definition of an ?inflection point? going forward ? take Aixtron as an example.
As a quick side calculation: 360m revs = 18% EBIT margin 420m revs = 21% EBIT margin => incr. revs of 60m yield incremental 23m of EBIT, thus incremental business comes with an EBIT margin of approx. 40% (selective view, I know).
EBIT consensus as of yesterday (source: marketscreener) stood at 73.5m, the new Aixtron guidance is at 88.2m, i.e. some 20% above. Impressive.
: Aixtron raised the guidance 80m in one month
Obviously something big happened in a short period. Innoscience announced its production plan of 6000 monthly 8" GaN-on-Si wafers a few days ago, which requires about 40 G5 or ~80m euro roughly in that ballpark. I believe because the Innoscience news is disclosed by the Chinese media and Aixtron was in that news, Aixtron had to come out to update its shareholders, as I alluded in #1018.
To answer fel206's question: Do i read correctly ? 397m in potential orders from this single customer?
In the news it says: "Production capacity will gradually climb after the start of production. The production capacity will reach 6,000 pieces/month by the end of 2021. After the project is fully operational at the end of 2022, the Suzhou plant will achieve an annual production capacity of 780,000 pieces of 8-inch silicon-based gallium nitride wafers, with an estimated annual output value of 15 billion yuan. Profits and taxes exceed 1.5 billion yuan."
So by the end of 2021 the capacity would reach annual 72,000 wafers. The news, IF ACCURATE, says to reach 780,000 capacity at the end of 2022. That is a 10x increase from 2021. That would require ~400 G5 by the end of 2022. Of course this is just an estimate, but you get the picture.
CWL1, your last information is very interesting and gives me a smile on my face.. (Excuse me, but my english is - in Germany we would say - suboptimal...
Ich möchte einmal einen gewissen born to trade im Forum nebenan in Erinnerung rufen. Der hatte seinerzeit, meine ich, zu ca. 19,xx verkauft. Damals bin ich mit hoch- und wieder runtergefahren - ohne zu veräußern.
Jetz bin ich immer noch dabei und habe nicht verkauft. Aufgrund der akt. Datenlage bzgl. Aixtron ist hier deutlich mehr Potenzial vorhanden.
The best is yet to come, schrieb damals baggo-mh, der Gründer dieses Froums. Mich würde interessieren, ob baggo hier noch investiert ist.
Nebenan wurde seinerzeit sehr abfällig über den Betriebsrundgang bei AIX, an welchem CWL1 und baggo-mh glücklicherweise teilnehmen durfen, gelästert. Despektierliche Äußerungen kamen von einigen Foristi noch on top.
Aber wer zwischen den Zeilen lesen konnte, und deren anschliessende Informationen bzgl. des Rundganges richtig bewertet hat, musste einfach dabei bleiben.
Die despektierlichen Stimmern sind natürlich alle verstummt!
natürlich ist @baggo noch dabei. Er wird so schnell nicht von einer Erfolgsleiter springen. Leider macht er sich nur in den Foren seit längerem etwas rarer. Schade eigentlich! Aber nun wird er wohl ein paar Tage damit beschäftigt sein, "unseren" Erfolg und "seine" Prognose zu feiern. Ein herzliches Prösterchen dazu !!!
a few of you have started to wonder what happend to me. Thanks for your concern. I am healthy, have gained the customary 5 Corona Kg weight and I am doing fine otherwise..
However the above has done something to my mind. Lockdown with very little interaction to other people. No business meetings in interesting places throughout Europe. 2 Skype birthdays without real celebration. It can all get you down and thinking about the important things in life.
Money is not the answer, although it makes life easier. Health, family, friendships.......laughter gatherings with friends are the important factors in life!!
My father died 5 years ago of cancer to the brain, my brother has had prostate cancer and my brother in law will soon die from pancreatic cancer. In December 2019 I therefore invested in a German Start-up that is now know the world over for having developped a vaccine to fight Corona. BioNTech.
When I was young I wanted to study biochemistry, but could not capture a place at a German University and there was no money to study abroad. Now, part of interest in the subject is reflected in what I carry in my portfolio.
During the past 12 months a have learnt sooo much about mRNA and the initially smaller investment in BNTX has outpaced even Aixtron. Today both carry the same weight in my portfolio but most of my attention is focussed on Corona and therfore BNTX.
What is happening at BNTX is sooooo fascinating even from a shear investment point of view it is like watchin a "Krimi" in real. Part 2 in a few minutes.
a statement by Felix Grawert at the coffee table to CWL1 and me at the very end of the AGM in 2019.
virtual AGM in 2020 only virtual AGM in 2021 only
which means no real interaction possible with management or IR. I had a Dr. appointment and therefore could not attend the virtual 2021 AGM. However I listened to it afterwards and paged through the rpesentation.
It would be nice to meet a few - if not all - of you at the 2022 AGM in Aachen to share some stories, drinks and laughter. How does that sound?