So amazon is opening 12

    Posted by RP on 15th of Jun 2021 at 11:29 am

    So amazon is opening 12 stores around the country where you do not have to check out. Put in your bag and leave. no clue how that works. they mentioned the one in Bellvue Washington.

    RP - that is NOT

    Posted by matt on 15th of Jun 2021 at 11:57 am

    RP - that is NOT going to be a competitor anytime soon, here's some facts:

    1. First off logistically AMZN can only open so many stores at a time, it would take years and years and years for them to open enough stores that would be widely available enough for them to be close enough to replace the shopping needs of most customers who currently go to their local grocery store.

    2. AMZN is NOT leasing this technology out - therefore per my point above, your local grocery store/stores can't add it to their stores that are close to you. Thus you would have to wait for an AMZN store to open that was physically close enough for you to go to. 

    3. The technology that AMZN uses where they track your items and movements - requires something like 500 cameras per small store in the ceiling. I heard the cost per store is something like 20M, that's not possible for local grocery stores.

    4th. At this point, the technology to track your movements is only 80%, 85% accurate. Realize that the margins in most grocery stores is super tiny at 1% - 3% maximum. Stores would go out of business with errors of 20% etc. The technology isn't there yet. Will be one day but right now it is not. The accuracy has to be about 100% for it to work with the tiny margins of grocery stores.

    The beauty of the AAZZF solution is that it can be used in any supermarket. So all your local grocery stores can get it, unlike AMZN and waiting for AMZN to actually open a physical store near you. 

    The carts are fully compatible with NCR technology, which currently comprises about 80% of all the self checkouts currently in the stores now. 

    It would be a big cost for a local grocery store to buy say 300 or 500 of these smart carts - but I think the cool solution for that being floated now is that the carts could be given to the stores for free - there's some of these large coupon companies who would buy the carts because they can make that back by placing their coupons right on the screen and displaying an ad or two. 

    Let's talk about coupons - most of us are not cutting out coupons and using them - it's a pain in the ass, my 84  year old mom does it but that's her. I don't have time and I don't want to pull out coupons at the checkout counter. But - if you are using the smart cart picking up items and it automatically tells you that this item has a coupon for $2 off here it is press to  use it - of course we would use it! I think this could cause a major resurgence in the coupon industry in the US since it would be seamless.

    Will there be competitors to AZ2? You bet  ya! But the market is huge and that's a given, but AZ2 had a head start here and plenty of business to go around.

    for me while the AMZN stuff is cool as hell, I just don't see that as a vaibable competitor for along while

    They also have Broad based

    Posted by steve on 15th of Jun 2021 at 11:59 am

    They also have Broad based patents issued on the carts in case anyone was wondering.   With that being said, take some profits in accordance with your plan.

    yes AZ2 basically 'Steve Jobsd'

    Posted by matt on 15th of Jun 2021 at 12:09 pm

    yes AZ2 basically 'Steve Jobsd' it 

    AAZZF - I love this

    Posted by jtsurfah on 15th of Jun 2021 at 03:53 pm

    AAZZF - I love this story on its face! But is anyone else worried by the fact that it's a Canadian company? I can't remember a time in my life that I've seen a country lose it's way as quickly as Canada has over the last few months. (disclosure - I am long AAZZF)

    it's an Israeli company

    Posted by matt on 15th of Jun 2021 at 03:54 pm

    it's an Israeli company

    A2Z  Technologies is a Canadian

    Posted by ridgetopab on 15th of Jun 2021 at 04:39 pm

    A2Z  Technologies is a Canadian Corp.  HQ is in Vancouver, Canada, either for tax, funding or security issues?

    Cdn listing provides access to US markets planned Nasdaq listing it appears. It used a numbered company to acquire the shares of A2Z Israel (a private company)  in 2019,

    Business revenue appears to be mostly from sales in Israel; I would be more worried about increasing losses and dilution of stock than the company HQ location.

    SEDAR lin for A2Z registration

    Link A2Z HQ Location Link

    Let me clarify - AAZZF

    Posted by steve on 15th of Jun 2021 at 05:07 pm

    Let me clarify - AAZZF is  based in ISRAEL (not Canada) with it's primary listing in Canada. However, I expect that to change shortly with listing on the Nasdaq.  Your analysis is quite rudimentary looking simply at trailing numbers without any consideration of what really matters and that's projected sales and earnings.   This is still an early stage company but the reason the stock has moved up is due to their disruptive technologies.   Dilution is part of any early stage company's growth via funding which was recently completed at $2.72 CDN - the stock has made nice percentage gain but if it's not your type of investment then simply avoid.  One important note,  with early stage companies one should preform a much deeper analysis than simply reviewing past financial statements as proper due diligence requires a much deeper evaluation (few are willing/able to put in that type of work).   Only then can you make a truly informed decision.   When the stock setup on the charts we presented it as a technical play and it provided a darn nice gain.  Trade YOUR PLAN

    In response to a statement/question below, the company has developed other proprietary technologies which you can examine at their corporate website.  One thing for certain, the stock has certainly performed better than most of the highly touted SPAC's this year.  Take some profits into nice moves.

    Thanks for the all the

    Posted by rfa300 on 16th of Jun 2021 at 09:56 am

    Thanks for the all the great info Steve and Matt! Where do you see support as AAZZF is taking over a 10% correction here?  Well, actually a bit volatile! When I initially looked it was 10% Seems to be settling down. Thanks again!

    again first and foremost remember

    Posted by matt on 16th of Jun 2021 at 10:29 am

    again first and foremost remember this is a long term play, will take years to play out fully.  Decide your time horizon and strategy.  Steve for example who probably has a few hundred thousand shares will sell 10K or 20K shares on that up move, selling portions, while keeping his core. Then buy back on pullbacks, that's his style.

    Short term technicals remain what I said on Monday and yesterday, the 4 area is resistance and a place for consolidation and that is exactly what has happened so far. The hope is for some sort of bull flag to setup on this consolidation. The 9 EMA is first support. It has the potential to form a cup and handle if the pullback is not too deep here

    news wise in the short term I'd expect this to move off the OTC to the Nasdaq sometime soon maybe over the next month

    Good to know. Thanks. 

    Posted by jtsurfah on 15th of Jun 2021 at 04:30 pm

    Good to know. Thanks. 

    FWIW - I was a

    Posted by jtsurfah on 15th of Jun 2021 at 04:34 pm

    FWIW - I was a US Navy Diver / bomb squad guy for 8 years (EOD) so the AAZZF story is even more attractive to me. Bomb techs defusing things by hand these day is just dumb. 

    i just hope they dont

    Posted by morton7 on 15th of Jun 2021 at 04:02 pm

    i just hope they dont get gobbled up by a big fish... i had soly which i liked and abbvie came in and gobbled them up for only a 25% premium...

    Well BPT members have a

    Posted by retirefire on 15th of Jun 2021 at 04:07 pm

    Well BPT members have a controlling no vote on that (sarc)

    very encouraging! AAZZF

    Posted by retirefire on 15th of Jun 2021 at 02:22 pm

    very encouraging! AAZZF

    They use computer vision -

    Posted by steve on 15th of Jun 2021 at 11:49 am

    They use computer vision - however all produce is pre bagged and many customers prefer to select there own produce.  At this time computer vision can recognize about 85-90% of all store items so the margin of error is too great for broad adoption.  There are approximately 34,000 grocery stores in US so the market is massive and one should expect a broader movement towards smartcarts in the future.  However, this is a WORLDWIDE movement not just US and one must keep that in mind.

    I see interesting to say

    Posted by RP on 15th of Jun 2021 at 11:52 am

    I see interesting to say the least. I was wondering how they scanned the items. Also i heard that Iphone has scan app that u scan put in cart and walk out you know about that?

    Yes but they don't have

    Posted by steve on 15th of Jun 2021 at 11:55 am

    Yes but they don't have a scale nor are they programmed into the Point of Sale terminals that NCR and Toshiba that are in over 90 percent of the stores.  Smartcarts are the way to go and  the US grocery store advertising market is a few hundred Billion a year which will be huge to revenue stream along with coupons and data management on what consumers are buying and even e-wallets.   Stay tuned


Subscribe to our email list for regular free market updates
as well as a chance to get coupons!