Post by
tankumo on Jul 20, 2023 11:11pm
joint venture
I also hope DM one day will work with other big companies like Tesla to build more EV charging stations, they should network together, there is no way one company can do all the work, why not work together. If there is a news DM working with GM or Telsa or Ford, share price should respond, JMHO.
Comment by
MarketMaestro on Jul 21, 2023 8:19am
I agree; at the moment, the slow pace of obtaining permits and the costs involved in building a charging infrastructure are slowing them down. Therefore, if DM worked with other significant EV companies, they would pool their resources, knowledge, and market influence to hasten the uptake of their charging infrastructure.
Comment by
Aiking on Jul 21, 2023 8:21am
DM should build a joint venture with Hyundai. They are huge in EV and they are an active player in Canada. Also DM had a contract with Hyundai years ago. This means it would be possible to reacitvate those contacts. Maybe also via LOTTE rental.
Comment by
PendleStock on Jul 21, 2023 9:15am
Possible dream. As the saying goes ,the possibilities are endless. Right now we can appreciate DM seem to have a growth and expansion plan in place, that might result in the realization of your good dream in the future
Comment by
Aiking on Jul 21, 2023 9:32am
By the way, DM worked on Joint Ventures with LOTTE and KT NET. This means DM knows how to do it - it's now dream DM realize a JV with Hyundai, as they had contracts with them too. https://www.marketscreener.com/quote/stock/DATAMETREX-AI-LIMITED-49479241/news/Datametrex-AI-Limited-Provides-Additional-Information-on-Joint-Venture-with-Lotte-Group-and-KT-Net-33917842/
Comment by
Aiking on Jul 21, 2023 9:36am
And by the way, for those who don't know DM as good as me, here you find the Hyundai thing I'm talking about: https://www.globenewswire.com/news-release/2018/03/27/1453811/0/en/Datametrex-AI-Negotiating-with-Hyundai.html