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Thank you Doyezee. Many thanks for your post.
Nobody knows what will happen immediately after partnership news is announced or in the very short term but it is envisaged (and very much hoped!) that the sp will rise significantly. Depends on what debt/dilution company takes on offset against what the positive impact on future sales/revenues the strategic partner(s) will bring
I get alot of advice from my dad who has been in BMN for many years and that's it
Your posting history belies that declaration.
Just wondering as a very inexperienced newbie investor in my late teens I was wondering where will this settle once news of partnership arrive?
Thank you
Over £300k today, so that’s over half a million quid in two days with no significant effect on the SP.
Interesting observation Lamps.. thanks
Similar large size buying /selling both days immediately after this latest funding update RNS.. and that size way way above the usual daily size traded too..
I'm not seeing equiv big sells listed so far ?... So a big block sell being worked in the background seemingly indeed ..
I'll wildly guess one Institutional buyer and one Institutional seller.. and buyer and seller know each other intentions upfront .. and it in some way related to the Investment funding solution that will hopefully be announced by Ies.l in a few weeks time..
But why wouldn't their brokers do one off exchange block transaction and just report that once completed... makes me wonder if I'm off with some or all of the above guess.. so I've little clue really/probably
That’s 200k sterling, to be clear.
200k of Buys in the first hour and no effect on the SP. The seller in waiting must be casting a big shadow.
That's a lot of buys, must be a big seller exiting to keep the share price flat like this.
Quarter of a million quid in Buys today and no significant Sells. As a result the. SP is up a whopping 0.21%. What on earth is going on?
NicetoMichu, I wouldn't totally agree with your point on reducing bargaining capabilities as negotiations have supposedly been ongoing for some time now. I would hope these strategic investors will be looking at the bigger picture and not looking at making a quick profit.
With small companies that are cash strapped and full of debt already and with just RNS stating 'we are in active negotiations to raise fresh funds and restructure debt' are the ones that I worry about. Although the SP has taken a knock (not the only company to be fair!) I do feel the business fundamentals are very strong in a very high/fast growth potential global market - especially with Mistral just about to be launched to the global market as well!
Yes, the high cost and spending is a concern, but if they slowed this down tight right at this (supposedly) sweet spot, some would say they would lose potential new business.
Clearly from the RNS, they have a focused strategy on how IES will set up the new structure re Home v licencing and royalty-focussed growth programme in other markets.
Anyway, I do like some of the confidence speak...
'will materially enhance the Company's business and reputation in both the UK and internationally'
'generate significant cash flows as it grows globally'
Let's see, but I feel confident that this will be worth the wait!
I agree with harchris that the leading product/tech we have here in a hugely growing market should put us in a strong position re term for partnering/ borrowing etc.. Also no current debt, as grshaw points out, is a big plus too.
But the current cash runway being close to exhausted is an issue in a few ways here at this moment imho, including reducing bargaining capability in whatever deals they're about to strike with Investor/partner.. and perhaps lenders too..
In my mind that's the reason this hasn't rallied more off the back of yesterdays RNS.. and indeed why this s/p has performed badly in more recent times.
But I'm still very hopeful of a strong rally when Investor/ Partner etc deals are announced in a few weeks time... and I increased by bet here yesterday a bit off the back of that sentiment...and have funds ready and waiting to add again here when the big upcoming partner etc rns drops soon..
What IES has going for it is being arguably the best placed non lithium battery manufacturer outside of China - when you realise just how much business there is to go after over the next 3-5 years you begin to see why now would be the ideal time to partner up with IES and why they shouldn’t be demanding a discount to do so.
I see the buying this morning is not moving the SP either, if this volume were sells, based on recent history, the SP would have crashed by 10% to 15% - so why not the opposite!
I am hopeful that a large dilution will be avoided and IES will negotiate a mixture of debt in, addition to raise some funds via a possible CLN offer (with hopefully a much higher SP if converted)
Didn't the last Share tip from The Times mention that IES would have debt on the books in 2025?
I know this is very frustrating, but I remain hopeful that whatever they are working on is pretty big for us SH's. The bigger the deal/s, sometimes the longer it takes.
Lets see how this one plays out...
The main benefit here is that there is no existing debt to restructure or take into account.
Think you are right HarChris. Also note an apparent line drawn over the SP since this morning despite biggest buying spree for some time.
I think they had to after giving the four to six week timeframe and the cash runway closing in on them - without this rns I'm sure the share price would have capitulated over the coming weeks which might have changed the strike price of these forthcoming deals
Why the RNS wouldn’t you just wait until the strategic partner is all agreed as it’s only a few weeks away! Then promote the hell out of it, sounds a bit like they are trying to drum up some support, hope I’m wrong…..
Whilst I intend to invest substantially more in IES, I’ve been invested here since 2016 (previously RedT) and I’m hanging tight until I get clarification and visibility on how any new strategic partnerships will impact current shareholders. Got £22k invested in IES thiugh currently well down on that but I intend to purchase at least another £10k of shares once the news we’re waiting for lands. I said before that hopefully IES can become the ‘ARM’ of the energy storage world with a licensing model and that looks like how it’s shaping up 😁 GLA
The game changer will be if other companies are making their batteries and paying a royalty then that provides a revenue stream for the company for no effort whatsoever from them. Straight to the bottom line. And the more batteries which are installed world wide, the more this will encourage sales. This will allow them to fund research, stay ahead of the competition and continue to develop new and better batteries. It's looking good, just need the the company to fill in the blanks!
I topped up this morning .. I’m very excited about the investment that’s now extremely likely to happen here soon .. the share price collapse is way over done versus this upcoming very positive outcome imho
Didn't see that fall coming!
Really tough to say but the share price was about 45p when this whole drawn out protracted process started. Seeing as IES are nearing cash flow positive as Mistral gets off the ground later this year it's likely we see some debt in the mix for the first time so debt, equity and warrants is my guess (will be happy as long as warrants are multiples of current price).
Not quite there yet but looks like on track to announce 1 or multiple strategic partners including a Biggy very soon 😁 Historically and in their opinion, can anyone suggest what shape the investment from strategic partners (and subsequent dilution to existing investors?) will look like?
That’s how I read it HarChris. Siemens for the tier one do you reckon? Doubt they’d let it slip through the pie hands after three years of co-development.