3309 Drysdale Ct
Edwardsville, IL 62025
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 going to be a competitor anytime soon, here's
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
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
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
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
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
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 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' it
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
it's an Israeli company
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
A2Z HQ Location Link
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 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 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.
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 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%
Well BPT members have a controlling no vote on that (sarc)
very encouraging! AAZZF
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 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 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
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