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The share price rose by 16% shortly after the announcement ... then fell to below €10 since then
You only have to watch the job advertisements to see that the germ is starting to sprout in NRW.
It also seems to be more than just a pilot project for the Bundeswehr and I think that something will follow in Kiel and Hamburg.
The delivery figures will confirm the business model and the sales estimate of €40-55m will also work out.
Profit expectation 2028: €73m... at a kgv of 25 that would be a market cap of almost 2 billion ... and even in 2028 the market is far from saturated... I suspect a kgv of more than 100... 👀
Very convinced and currently very happy about the many panic sales behind which there is no news. Shares now at 1720
You only have to watch the job advertisements to see that the germ is starting to sprout in NRW.
It also seems to be more than just a pilot project for the Bundeswehr and I think that something will follow in Kiel and Hamburg.
The delivery figures will confirm the business model and the sales estimate of €40-55m will also work out.
Profit expectation 2028: €73m... at a kgv of 25 that would be a market cap of almost 2 billion ... and even in 2028 the market is far from saturated... I suspect a kgv of more than 100... 👀
Very convinced and currently very happy about the many panic sales behind which there is no news. Shares now at 1720
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@Daxhund Any bet that this will not happen or that the running costs for the "chef" will be significantly higher than expected.
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@Charmin What makes you think that?
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@Daxhund Has anyone ever seen this thing in action? Really working in continuous operation?
And then this AI talk. Where does this thing have AI? Has it been trained with millions of hours of cooking? I don't think so. It's an oversized Thermomix and nothing else in my opinion.
I also wonder how many different dishes it can cook. And what the price per meal really is in the end and how many dishes the thing has to cook to pay for itself.
Too many questions, too few answers - ergo: air pump.
And then this AI talk. Where does this thing have AI? Has it been trained with millions of hours of cooking? I don't think so. It's an oversized Thermomix and nothing else in my opinion.
I also wonder how many different dishes it can cook. And what the price per meal really is in the end and how many dishes the thing has to cook to pay for itself.
Too many questions, too few answers - ergo: air pump.
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@Charmin Your self-assured choice of words is somewhat amusing. Many of these question marks could be dispelled by simply doing some research.
Ai controls and coordinates the arms: the best example is the Caesar salad. While one arm collects the cold dishes, the chicken pieces and croutons are fried in parallel and combined at the end. The Ki is the conductor, so to speak.
But it only gets really exciting with the amount of data. Adapted demand control; not like inefficient salad bars where 100 are produced and 50 are only sold.
The thing has now been in the Rewe in Düsseldorf Heerdt for 4 months. For 2 months in Düsseldorf Radt and from January also in Bonn in the Rewe.
There are some reports that are very positive. https://www.youtube.com/watch?v=8qbDWco_gR4
https://www.reddit.com/r/CircusGroup/s/HoYt8piNRK
The Rewe West ceo also seemed very impressed at first. And had a "positive feeling" https://youtu.be/M1NYY8UdIg4?si=9tO1OXZiD2xeJDw9
Prices start at €3.49 for soups and between €6-7 for pasta and curry dishes
The CFO said several times that the robot would pay for itself in less than 2 years with 100 dishes per day.
But your skepticism makes me very sure that many people underestimate this technology. It's not rocket science. But it addresses a real problem. 25% of all jobs in gastronomy are unfilled... Circus centralizes and simplifies this process and creates a usecase for providers and consumers
Ai controls and coordinates the arms: the best example is the Caesar salad. While one arm collects the cold dishes, the chicken pieces and croutons are fried in parallel and combined at the end. The Ki is the conductor, so to speak.
But it only gets really exciting with the amount of data. Adapted demand control; not like inefficient salad bars where 100 are produced and 50 are only sold.
The thing has now been in the Rewe in Düsseldorf Heerdt for 4 months. For 2 months in Düsseldorf Radt and from January also in Bonn in the Rewe.
There are some reports that are very positive. https://www.youtube.com/watch?v=8qbDWco_gR4
https://www.reddit.com/r/CircusGroup/s/HoYt8piNRK
The Rewe West ceo also seemed very impressed at first. And had a "positive feeling" https://youtu.be/M1NYY8UdIg4?si=9tO1OXZiD2xeJDw9
Prices start at €3.49 for soups and between €6-7 for pasta and curry dishes
The CFO said several times that the robot would pay for itself in less than 2 years with 100 dishes per day.
But your skepticism makes me very sure that many people underestimate this technology. It's not rocket science. But it addresses a real problem. 25% of all jobs in gastronomy are unfilled... Circus centralizes and simplifies this process and creates a usecase for providers and consumers
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@Daxhund This has nothing to do with AI. It's robotics. Programmed processes, how the arms move - if there's a trained model in there that can cook non-programmed food on demand, I'll eat a broom. With style and all the trimmings.
100 dishes a day (365 days) equates to net sales of around 340K in two years (assuming an average gross wage of 5.50 euros).
From the 340K we then have to deduct the ingredients, maintenance, staff, repairs, electricity ...
And the thing is supposed to be amortized in two years? How much does the appliance cost? 50K? Then I believe it. But I don't see a price anywhere.
100 dishes a day (365 days) equates to net sales of around 340K in two years (assuming an average gross wage of 5.50 euros).
From the 340K we then have to deduct the ingredients, maintenance, staff, repairs, electricity ...
And the thing is supposed to be amortized in two years? How much does the appliance cost? 50K? Then I believe it. But I don't see a price anywhere.
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@Charmin One costs 180-250K plus license 8-15K per month, according to
https://downloads.research-hub.de/2025%2001%2016%20EN%20Circus%20Initiation___xxdzzd2v.pdf
https://www.reddit.com/r/KrakenStockResearch/comments/1of1j57/dd_circus_se_ca1etr/
https://downloads.research-hub.de/2025%2001%2016%20EN%20Circus%20Initiation___xxdzzd2v.pdf
https://www.reddit.com/r/KrakenStockResearch/comments/1of1j57/dd_circus_se_ca1etr/
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@mco Ok, that was the last piece of the mosaic. If such a thing makes 100 dishes a day, then there are more than two euros(!) in licenses per meal. two euros! How is that supposed to pay off for the operator with an average price of 5 euros?
Spoiler: It doesn't.
They will never, ever be successful with this model. A few fools (like our government for the Bundeswehr) will buy it, but nobody with any sense.
They will go bankrupt.
Spoiler: It doesn't.
They will never, ever be successful with this model. A few fools (like our government for the Bundeswehr) will buy it, but nobody with any sense.
They will go bankrupt.
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