The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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If anyone is still holding these then you have my sympathy. A recent report suggests the cost of charging EVs from public charge points is almost the same as ICE. Not a very good incentive for EVs. At some point this has to turn but I'm still hesitant to jump back in until company is valued at cash position which is about 50 - 55p. What a disaster. Glad I've still got my 14yr old Mondeo diseasel (as Jeremy Clarkson calls them).
The soaring cost of electricity will surely put pressure on EV owners to install home charging facilities which, being not for profit, must always be cheaper than commercial charging points?
Seems like the past month this has done nothing but go sideways?
well, the share price is also speaking isn't it.
funny that the figures speak for themselves so you better try harder ...
How many times? GREEN IS GONE
"Registrations of battery electric vehicles surged by 35.4 percent to 10,006, while petrol cars grew at a slower 7.5 percent to 31,652. On the other hand, declines were seen for diesel (-12.3 percent to 4,455) and mild hybrid petrol vehicles (-14.1 percent to 8,327). Year to date, new car registrations are 10.7 percent down from the previous year to 983,099 units."
Electric continues it's growth in the overall scheme of things... the future demand will be there
Another awful day after Friday. Energy prices will be a factor I’m sure, but the start of the descent was before then
Its mainly because its a growth share and not forecast to make a profit until 2025. In this market atm its a case of being very very patient for the long term. The supply issues highlighted in the last update don't help but this to will pass.
No. Decline started a long time before that.
Is it the fact that electricity prices are going through the roof, that has led to this decline in the SP? Has that had an impact?
its 53% owned by EDF so unlikely
certainly would be following a trend if it was commercia
I read a few months ago about a possible take over but didn’t really pay too much attention to it. But it’s 5/10% which worries more than anything. My average is currently 1.89. Would love to add more, but until the decline stops, I don’t really want to commit anymore
I suspect this is being forced down in prep for a cheap takeover. great technology that will be snapped up by a bigger outfit
Just got to roll with it .. 25% down in just over a week. I wont top up but neither will I sell. Just got to sit it out unless the story changes.
yeah pretty shocked with this continual decline. I am averaged around just below the IPO price. Will definitely try to add in once this decline flattens. I don't understand the continual decline. If you look at Australia and US , those stocks that are in a bull market are those related to the EV transition. I will hold for the long term. I think just people being scared - although today we have had more buys. Volume increasing.
Yeah, recession fears and oil/gas issues are clearly impacting heavily. Unfortunately, i've bought when it was hovering around the IPO. I've slowly been adding but he adding isn't keeping up with the drop. I work in the motor trade and so far, business hasn't slowed for us. The company i work for is heavily pushing EV now, with them stopping production of all petrol/diesel models by 2026. They also have a contract with podpoint, which is one of the main reasons why i bought in the first place
I have a reasonable holding here, and I'm thinking i will add more at some point. Personally, as much as it pains me to say it, I think PODP will probably drift slowly but surely further down and then loiter around sub £1 for the next 12 months. That's just my personal opinion.
I expect this one will be for the back burner for the next 12-18 months. I've no doubt the business model and the product are good and will be successful. Unfortunately the sentiment is not in favour of this kind of business right now in the current climate. I think green issues will take a back seat for a while until we see light at the end of the tunnel with the inflationary pressures and looming recession. Car sales which way are they going to go during a recession?
Can’t help but think I’ve made a mistake in this. Believe in the company but the way the uk is at the moment, energy prices, supply chain issues etc. i can’t see this going back up, which is worrying considering I have a substantial amount in it currently
Investors Chronicle, a magazine published I think by the Financial Times people
Sheer lass
Who are IC ?
an IPO can't be 'too aggresi8ve' if they sell all the holding at that time.
let's face it, the story pre IPO can be a very different story post. only need to look at #REVB, IPO'd at 160 just a year ago... current price may well highlight a specific issue but it's been on the slide since day 1. but noone forced those companies to take it to IPO.