Tritium DCFC Limited DCFC

Sorry that was sales dropped by 40% not revenue. Typo and not awake yet. Lol. Glta. Another 30-40% drop and will be averaging down to this POS.

“Tritium is dirt cheap”, pretty funny statement. That statement is only true if they can increase Sales. Revenues are only expected to increase by 20% in 2024. Second half revenue 2023 decreased 40%. Yes sales dropped 40%. Don’t fall for the hype until they can show sales are ripping higher which is no where in sight.

July 2021 - June 2022: 86 million

Sales July- Dec 2022: $90 million
Sales Jan - June 2023: $56 million

Revenue 2022: 86 million
Revenue 2023: 185 million
Est Rev 2024: 220 million

Earnings 2022: - 128 million
Earnings 2023: - 121 million

Order backlog on June 2022: 149 million
Order backlog on June 2023: 99 million

Fiscal 2022 units built: 3700
Fiscal 2023 units built: 7800

First half fiscal year sales was 96 million, second half fiscal year sales was 50 million. Doesn’t sound like a good trend. Cannot trust management, they lie at every opportunity. Nothing will happen until significant news is released. .20 is when I will be averaging down. You cannot compare Tritium to Allego. Allego is a real company with real executives as opposed to our bunch of clowns. Glta. Common on .20.

On top of what I just posted below, how many companies are going to get a 7+% loan to pay for the unsubsidized portion of the purchase price. Ponder that folks. We are headed down. I am way down on my investment but will be averaging down at the .20 level. Sorry for the unpleasant dose of reality. Glta

Don’t listen to the pumpers folks. They have a good product but the company is being run by over paid inexperienced idiots. If you want to buy this stock there is no hurry. Liquidation is in process and their sales have dropped substantially. This is from the conference call.

Sales orders were $146 million for the fiscal year and $56 million for the 6-month period ending June 30. Order backlog was approximately $99 million on June 30.

Just ponder what a 50% drop in sales will do to an organization that doesn’t make a dime of profits. They have management which is a joke and doesn’t communicate because they have no good news on sales. Just the old, “We have a major order in near future”. Put in a buy order at .20-.21 and it will get hit once we crack .20. I will keep posting the truth so folks don’t get scammed. Glta

Folks sales dropped 50%. YES, 50%. Don’t let the pumpers fool. Please read the reports. This is from their conf call.

Sales orders were $146 million for the fiscal year and $56 million for the 6-month period ending June 30. Order backlog was approximately $99 million on June 30.

That means sales went from 90 million down to 50 million between first 6 months and 2nd 6 months. They have a capacity of 40,000 units per year and are only producing 7-8,000. Doesn’t sound like a great business plan unless they get some serious sales. All they did was work through their backlog from last year which was 130ish million and their bloated sales force produced 50% less sales. Wow, that sounds like a wonderful story. Lol. I do think this stock should bottom around .20-.25 but unless you hate your money, I would buy on the flush. Glta.

Guys quit thinking about the revenue growth year to year. That was great but now we don’t have the sales for this year. Sales are down 50% year over year another 30-40 percent drop and it will be okay to dip your feet back in. This is just another one of those crap spac companies that burn money and shouldn’t really have gone public other than they needed to screw investors out of our money. .20-.25 is my level and will
Start averaging down then. Just sit back and watch. It should happen by Friday. Glta

Wow I sure hope the hertz news isn’t the big news they were talking about. That won’t move the stock. They need to show a huge order like 500-1000 units. Glta. See you at .25 and then it might be safe to reenter the waters.

Another .10-.15 further to fall until you should consider this auzie scam stock. Good product bloated management payroll which is probably costing them 10+ million a year minimum. Sales drop by 50% and now they are putting the carrot out there of a partnership. Just wait folks, the executive are idiots and don’t deserve to be in control. A reverse split is coming within a month or 2. Just bide your time and wait for your price. .25-.30 is about right if you want to add. Just tell yourself, that sales dropped 50% for a company that is unprofitable and will run out of cash within a year at their current burn rate. No need to fomo into this stock. Glta folks. Remember to never trust BS promises by management. They are just like politicians. Have a great weekend all.

I was mislead just like everyone else but folks wake up and smell the coffee. There was no news these past 3-4 months because there were no sales. Read the report. Sales were down 50% year over year. That says it all. Just forget about the stock and hope they actually have significant news by year end. I will add when we get to where the price should be for a company hemorrhaging cash, slowing sales and loses more per share than the price is per share. Now let that sink in. .20-.25 is a fair price.