Dave's new lab - Page 1
Forum section: electronics / general

author: ECEdesign
author_rank: Regular Contributor
timestamp: March 26, 2016, 03:26:13 pm
content: Saw on twitter that dave is moving to a new lab on Tuesday. Do we get a sneak peek of what it looks like? Looks like a big building!https://twitter.com/eevblog/status/713696207193780229?lang=en

author: Kilrah
author_rank: Unknown
timestamp: March 26, 2016, 03:48:03 pm
content: ...

author: tech5940
author_rank: Unknown
timestamp: March 26, 2016, 03:54:20 pm
content: Have a look at the picture a little closer... If its true he got one heck of a deal on rent.Sent from my iPhone using Tapatalk

author: ECEdesign
author_rank: Regular Contributor
timestamp: March 26, 2016, 04:11:12 pm
content: LOL I didn't look at the price... Its not even April 1 yet

author: tech5940
author_rank: Unknown
timestamp: March 26, 2016, 06:43:13 pm
content: I think Dave was just warming up for April 1stSent from my iPhone using Tapatalk

author: rrinker
author_rank: Super Contributor
timestamp: March 26, 2016, 07:32:11 pm
content: By the way, those donuts in the parking lot were created with his Sinclair C5.

author: tautech
author_rank: Super Contributor
timestamp: March 26, 2016, 07:41:47 pm
content: Additional revenue may be available from after-hours burnout comps it seems.

author: SeanB
author_rank: Super Contributor
timestamp: March 26, 2016, 08:35:25 pm
content: I am available if he needs a janitor and sweeper to live in, I do not need much room, just a small office and a shower.Did suggest he petition the council though to change the road name, 3 Minnow place is not a proper address, 3 EE Avenue is so much better, or you can call it Engineering Row.

author: Brumby
author_rank: Unknown
timestamp: March 27, 2016, 02:10:50 am
content: Hmmm. Road, street, avenue, crescent .....I KNOW!!!!Rename the thoroughfare Open Circuit!

author: MarvinTheMartian
author_rank: Frequent Contributor
timestamp: March 27, 2016, 06:13:00 am
content: Quote from: Brumby on March 27, 2016, 02:10:50 amI like it Brumby!

author: EEVblog
author_rank: Unknown
timestamp: March 27, 2016, 07:51:59 am
content: Quote from: Brumby on March 27, 2016, 02:10:50 am+1

author: MarvinTheMartian
author_rank: Frequent Contributor
timestamp: March 27, 2016, 09:54:17 am
content: Alternatively, it could beShort Circuit?

author: SeanB
author_rank: Super Contributor
timestamp: March 27, 2016, 10:15:19 am
content: Quote from: MarvinTheMartian on March 27, 2016, 09:54:17 amNot really, only if the address was No 5.

author: MarvinTheMartian
author_rank: Frequent Contributor
timestamp: March 27, 2016, 10:28:08 am
content: Quote from: SeanB on March 27, 2016, 10:15:19 amHe should have rented next door then. Would have been perfect!

author: Xenon Photon
author_rank: Unknown
timestamp: March 27, 2016, 11:26:25 am
content: This bulding sux it has no dumpster room. dislike.

author: Brumby
author_rank: Unknown
timestamp: March 27, 2016, 12:24:00 pm
content: Quote from: MarvinTheMartian on March 27, 2016, 09:54:17 amToo obvious.Then there's this:Quote from: SeanB on March 27, 2016, 10:15:19 am

author: station240
author_rank: Unknown
timestamp: March 27, 2016, 12:28:10 pm
content: Dave is this what you did all that money that was supposed to buy the DSE branding ?Should have an unlimited supply of cheap junk to teardown, what with the bunnings down the road.Link to actual real estate listinghttp://www.pineproperty.com.au/property/3-minna-close-belrose/note: All their commercial properties have $0 , the usual if you have to ask you cannot afford it.

author: Brumby
author_rank: Unknown
timestamp: March 27, 2016, 12:33:44 pm
content: It's going to be a biatch of a drive for Dave.

author: SeanB
author_rank: Super Contributor
timestamp: March 27, 2016, 12:50:09 pm
content: Not really, just live on site, claim it as enhanced security solution.

author: Brumby
author_rank: Unknown
timestamp: March 27, 2016, 12:57:59 pm
content: I'd be concerned about the opinion of SWMBO.

author: MarvinTheMartian
author_rank: Frequent Contributor
timestamp: March 27, 2016, 10:59:20 pm
content: Quote from: Brumby on March 27, 2016, 12:33:44 pmI don't know what suburb Dave lives in - I'd assumed that it would be the same or less distance than the current lab.Other factors must have come into playconsidering Sydney has just been listed as having the (third??? - I can't recall) worst traffic conditions in the world!He couldn't have rented the whole building, could he?I assume it's been split up into units by a developer or Dave has entered into a new business venture with his partners (?) following the unsuccessful bid for tricky Dick's.Quote from: BrumbyThat would be my biggest fear also!

author: Brumby
author_rank: Unknown
timestamp: March 28, 2016, 12:22:29 am
content: Quote from: MarvinTheMartian on March 27, 2016, 10:59:20 pmI don't know where Dave lives, but I get the impression it's not too far from his current lab - maybe a 15 minute drive or something like that. The new place would take 3 times that in peak traffic, if not more.QuoteFeels about right.

author: MarvinTheMartian
author_rank: Frequent Contributor
timestamp: March 28, 2016, 12:29:18 am
content: Quote from: Brumby on March 28, 2016, 12:22:29 amNo doubt.Though I think Dave probably doesn't keep "office hours" so it wouldn't be as bad.

author: station240
author_rank: Unknown
timestamp: March 28, 2016, 12:29:37 am
content: Knowing Dave, he spent 30 seconds inspecting the inside of the building, and 30 minutes inspecting Agilent's dumpster out the back.

author: Brumby
author_rank: Unknown
timestamp: March 28, 2016, 12:32:23 am
content: It's Altium, not Agilent.I don't expect much interesting stuff in their dumpster.

author: MarvinTheMartian
author_rank: Frequent Contributor
timestamp: March 28, 2016, 12:37:19 am
content: Quote from: Brumby on March 28, 2016, 12:32:23 amIf he's leased the whole building, how is he going to get his dumpster fix?Raid the dumpsters next door?

author: Brumby
author_rank: Unknown
timestamp: March 28, 2016, 12:39:55 am
content: (Shhhhhh....)

author: PTR_1275
author_rank: Frequent Contributor
timestamp: March 28, 2016, 12:43:09 am
content: http://commercialpropertysearch.savills.com.au/searchdetailplainnew2.aspx?id=154698&jt=For%20Lease&com=False&ret=False&ind=False&lan=False&addr=3%20Minna%20Close%20Belrose%20NSW%202085This ad is showing $230/square meter plus gst per annum, then $44.90/square meter for outgoings (I'm assuming water rates and council rates etc..) the building is 4000 square meters, this takes it to over a mil per year for the whole building.It is quite a nice building though.Now, if Dave did take over the whole building, he can only dumpster dive the stuff he throws out. Imagine how many work benches would be needed to deck it out properly.My thoughts are it is an early April fools joke. This would be a lot more travel time for Dave and the costs are astronomical. If however it isn't a joke, I would love to see the buildup of the new lab

author: MarvinTheMartian
author_rank: Frequent Contributor
timestamp: March 28, 2016, 01:05:33 am
content: Quote from: PTR_1275 on March 28, 2016, 12:43:09 amWow, that's some serious money!QuoteMaybe we can turn the tables and we dumpster-divehisdumpster (after all you know what sort ofused gearyou find in his dumpster!)

author: EEVblog
author_rank: Unknown
timestamp: March 28, 2016, 08:22:46 am
content: Quote from: Brumby on March 27, 2016, 12:33:44 pmI did that drive for 4 years.

author: EEVblog
author_rank: Unknown
timestamp: March 28, 2016, 08:24:35 am
content: Quote from: Brumby on March 28, 2016, 12:32:23 amJust several thousand unsold Nanoboards

author: SeanB
author_rank: Super Contributor
timestamp: March 28, 2016, 08:45:40 am
content: Dave's drive to his current work is a 15 minute walk in a park, and similar on the way back. If he is in a hurry it is 5 minutes. Think that might be a deal killer unless he gets the 99 year lease at the initial rate for the building. Then he simply will move lock stock and bunker to there. Living in as extra security, or to have that night shift as dumpster quality controller in the area.

author: nctnico
author_rank: Super Contributor
timestamp: March 28, 2016, 02:15:45 pm
content: Quote from: EEVblog on March 28, 2016, 08:22:46 amI guess you used to work in that building? No fear of bad spirits lingering around because Altium (IIRC) laid you off?

author: ez24
author_rank: Super Contributor
timestamp: March 29, 2016, 01:40:50 am
content: FYI The move is this Friday

author: MarvinTheMartian
author_rank: Frequent Contributor
timestamp: March 29, 2016, 02:18:53 am
content: Quote from: ez24 on March 29, 2016, 01:40:50 amJust as well I didn't rock over today (Tues) as noted on Twitter!

author: nidlaX
author_rank: Frequent Contributor
timestamp: March 29, 2016, 02:26:58 am
content: Quote from: station240 on March 28, 2016, 12:29:37 amITS KEYSIGHT PEOPLE! KEYSIGHT!-Corporate Shill

author: Fsck
author_rank: Super Contributor
timestamp: March 29, 2016, 02:58:12 am
content: Quote from: nidlaX on March 29, 2016, 02:26:58 amjust call them HPAK. it'll be an ever evolving name.

author: EEVblog
author_rank: Unknown
timestamp: March 29, 2016, 03:16:54 am
content: Quote from: nctnico on March 28, 2016, 02:15:45 pmI worked in that building for just over 3 years (9 months in the old building at Frenchs Forest).I was happy as Larry when they laid me off. Only thing that pissed me off (with hindsight) was that I wasn't smart enough to use my retrenchment money and buy Altium shares at 10-15 cents. I'd be sitting on close to $1M now

author: Brumby
author_rank: Unknown
timestamp: March 30, 2016, 01:13:39 am
content: Interesting share price history....... and not the kind that would suggest a positive future, if you were looking at the position of 4 years ago or earlier.

author: EEVblog
author_rank: Unknown
timestamp: March 30, 2016, 01:30:38 am
content: Quote from: wilfred on March 30, 2016, 12:33:14 amCorrect, it did not look promising at the time with Nick Martin still at the helm. He drove the company into the ground financially with his stupid ideas.BUT the company had zero debt (always has) and had enough cash in the bank almost equal to the worth of all the shares, i.e. the shares could not go any lower really, being at cash value, so it was either up, or bust.Given $50m turnover or whatever it was, and it's always loyal user base, the odds of then actually going bust was quite low.But it did look like they would stay at that price forever, as they had for many years, because Martin did not care about profitability of the company.I also knew the move to china and losing half the staff would cut back on costs, making the numbers more attractive, but that alone wouldn't have raised the price by a huge amount.But you are right, the change of management was the golden ticket I didn't see coming. Martin had ruled the company with a iron first for it's entire life, but he didn't count on his buddy Aram from Morfik who he saved from oblivion actually turning on him in a coup with the board. Ironically the 15% of Altium Martin gave to Aram when he bought Morfik gave him the votes needed to side with the board and boot Martin out. (Aram already had a lot of shares being a former early Protel guy)It was one of the best corporate plays of all time by Aramand the dumbest move ever by MartinThe rest is history. The board started to run Altium like a real profit focussed company, and once they started paying a dividend again, bam, there it went, 10 cents to $5 in 3-4 years.

author: StuUK
author_rank: Frequent Contributor
timestamp: March 30, 2016, 07:51:14 am
content: Yep, all hindsight... don't beat yourself up too much!

author: EEVblog
author_rank: Unknown
timestamp: March 30, 2016, 09:41:53 am
content: Quote from: StuUK on March 30, 2016, 07:51:14 amOnly to the tune of a million dollar!

author: zapta
author_rank: Super Contributor
timestamp: March 30, 2016, 11:54:30 am
content: Quote from: EEVblog on March 30, 2016, 09:41:53 amA million dollar is not what it used to be.