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)
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.
Let me clarify - AAZZF is based in ISRAEL (not Canada)
with it's primary listing in Canada. 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. Are you aware that Rafi (CEO of the the smart
cart division) came over from NCR (the worldwide leader in point of
sale equipment) after reviewing ALL the new offering in the
marketplace. He realizes that a major change is about to
unfold in the grocery retail space and elected to join AAZZF since
he believed they had the best technology and product to address
this transition. Not only him, but over 20 of his colleagues
left NCR to join him at AAZZF (that's combined over 500 years of
point of sale experience).
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. As I always
say, trade YOUR PLAN. If you wish to discuss further simply
send me a private message and we can setup a call to address such
questions and share what I have learned.
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
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.
yes AZ2 basically 'Steve Jobsd'
So amazon is opening 12 stores around the country where ...
Posted by matt on 15th of Jun 2021 at 12:09 pm
yes AZ2 basically 'Steve Jobsd' it
https://youtu.be/8JZBLjxPBUU?t=24
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. 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. Are you aware that Rafi (CEO of the the smart cart division) came over from NCR (the worldwide leader in point of sale equipment) after reviewing ALL the new offering in the marketplace. He realizes that a major change is about to unfold in the grocery retail space and elected to join AAZZF since he believed they had the best technology and product to address this transition. Not only him, but over 20 of his colleagues left NCR to join him at AAZZF (that's combined over 500 years of point of sale experience).
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. As I always say, trade YOUR PLAN. If you wish to discuss further simply send me a private message and we can setup a call to address such questions and share what I have learned.
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.
http://a2zas.com
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