6/1/2006
VLNC - Valence Technology Inc. is trying to develop and commercialize phosphate-based lithium-ion battery technology, known as Saphion.
From Valence's web site:
- "Our phosphate-based Saphion® Lithium-ion technology is a break through battery chemistry for mobile computing and for large format applications such as back up power supplies and electric vehicles. Saphion® technology, is safe and stable. It delivers high cycle life, great energy density, no maintenance, superior rate capability and long service life. These characteristics make Saphion® technology suitable for not only the traditional Lithium-ion markets such as the consumer and computer industries, but also for emerging markets not currently served by Lithium-ion technology, such as the telecom, utility and motive markets. Saphion® technology offers the power of Lithium-ion with the safety, environmentally friendly and cost benefits of phosphates."
Free VLNC Charts
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Green Investment
Some people recommend you put cigarette stocks for their high dividends in your explore portfolio. I prefer to try and get rich from technology that helps people rather than kills them so I have some of my explore money in Valence.
With oil back near its "Katrina High" in the $70's, I expect interest in Valence batteries for Plug-in Hybrid Electric vehicles (PHEV) to intensify. PHEVs are the "next generation" after "hybrid autos" which combine a battery powered motor and an internal combustion engine (ICE). Hybrids require the ICE to charge the battery while driving whereas PHEVs typically go up to 30 miles without turning on the ICE! They charge over night and while parked at the office so they can eliminate gasoline consumption for a large amount of total miles driven by most commuters.
Carl Berg
One thing I like about Valence is an insider named Carl Berg buying shares supports their R&D. This saves the costs of issuing new shares on the open market with high fees to investment banks. It also says that someone who is quite rich and on the board of directors believes this technology someday will be profitable. Here are details of major insider transactions. Note that nobody has sold in the two years shown and there have been plenty of buys.
Disclaimer I hold VLNC in my personal account and my newsletter portfolio. As of writing this article (6/1/06), my last newsletter buy was 1,000 shares at $1.42 so I could take profits at any time, especially if I think it has peaked and I want to try to repurchase at lower prices. I may change my position at any time and will not necessarily report this beforehand. Buy or sell at your own risk and don't assume anything.
Discuss Valence:
Come join us in our Valence Technologies Discussion Forum to post questions, post articles about new uses for these batteries and how they can lower our dependence on foreign oil.
Free Charts and Other Stuff
Since beating the market is hard for most to do, I recommend a "Core and Explore" approach to investing. Core means place 80 to 99% of your money into a CORE, buy-and-hold, no load, mutual fund portfolio and then EXPLORE with the remainder. To build your core portfolio, I suggest a diversified basket of index funds.
I welcome suggestions for future articles at Kirk's Market Thoughts.
Kirk Lindstrom:
DISCLAIMER: Answers & my words are general in nature, are not meant as specific investment advice, and do not necessarily represent the opinion of anyone but Kirk. Individuals should consult with their own advisors for specific investment advice.
Kirk Lindstrom - With my writing, I hope to help you too reach AND MAINTAIN critical mass where your investments earn enough money that you don't have to ...
