Azure Dynamics Corp AZDDQ

Consumer Cyclical Auto Parts

Azure Dynamics Corporation (Azure) is engaged in the development and sale of electric vehicle (EV) and hybrid electric vehicle (HEV) systems and components. HEV systems include an electric motor, an energy storage system (batteries or ultracapacitors), and an additional power source, such as an internal combustion engine/generator. An EV does not include the additional power source and only includes an electric motor and an energy storage system. It has four wholly owned subsidiaries: Azure Dynamics Inc., Azure Dynamics Incorporated, Azure Dynamics Corporation of America and Azure Dynamics Limited. Azure has developed electric and hybrid electric drive technologies for the light to heavy duty commercial vehicle category (the Technology). Azure has developed three primary product groups, which include full hybrid electric; mild hybrid electric; and pure electric solutions. Target markets include hybrid electric delivery vans and shuttle buses, as well as electric drive applications.

GREY:AZDDQ - Post by User

Azure Dynamics Corp

Bullboard Posts

Post by BronxParkon Mar 16, 2007 1:31pm

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Post# 12432230

Volatile - Thanks ML

Robin Batchelor runs the closed-end Merrill Lynch New Energy Technology fund.They invests in alternative energy companies and also holds emission trading credits. Azure Dynamics is a Part of their Fund. They say that the drivers of this particular sector are very compelling but it is very risky. They have commented in the past that they are not interested in companies that are purely doing R&D or those that are in the start-up phase.(Why they own AZD Shares then is beyound me?)They prefer to focus on those with a proper product that are on their way to being profitable.About 50% of the companies in the portfolio are profitable at the bottom line. They mention that their fund focuses on a very volatile asset class so is not suitable for all investors. The drivers are very long term and seeing plus or minus 10% to 15% moves in one month should not be a shock. If you are keen on supporting new technologies, some of Merrill Lynch's New Energy funds may be ideal. But these will also be the riskiest and most volatile. That being said i prefer to invest Directly...ie Azure.

Bypass the middleman. Id ML is getting impatient that is their problem. At the price they are giving thier shares away a retailer such as myself can afford to wait a bit for a nice healthy return from these levels. The last psoter called it correct. Once ML is out of Paper then the Stock will rebound.