Member Info for bluerill

you're welcome

yes, and we were

(Board Certified in Advanced Ramping & Promotion)

Honestly, what would you have the company say? The dividend was announced, went ex-on the appointed date and the funds were paid into the relevant paying agent(s). If anything relevant in that process had gone wrong and was in any way the fault of san leon, an announcement would have been required and made days, even weeks, ago. The delay in receiving payment from an antiquated system of banks, brokers, and assorted intermediaries is an unfortunate fact of everyday life in this market, and nothing whatever to do with the Company. Period.

Apologies. I completely whiffed on AFC's enterprise value. Its market cap is just over £100m with no debt. That is still ridiculous relative to IES given their relative states of development but my error is still egregious.

Oh, and one more thing, relative to the other listed companies competing in the free-for-all in the storage space, IES's share price/market cap is STILL at exigent levels (though I don't dispute we're in for some consolidation after such a massive move). I often invoke the largest players in the extended industry for comparison, but there's also AFC here in the UK as well, which weighs in at a near-£500m enterprise value, with no deliverable product or customers to speak of yet. This stuff matters.....

sorry: deal was done at 1.65p. keep doing that...

'......This is true. Maybe i'm still rooted in the theory that a company has to have a reason to rise.....'
Whatever happens from here, the trick to this seeming conundrum is that the share price should not have fallen in the first place. When the shares suspended, they were already at an exigent level specifically because the market felt that the company needed to raise money and even if they managed it, it would have to be at a highly distressed level. That is why the share price collapsed in the weeks leading up to suspension. It took a while of course, but not only were they able to raise the funds during the worst of the market selloff, but it was done at a 60% premium to the suspension, not to mention as well that the fundraise was done in aid of a merger that strengthens the company on all levels. In other words, we should have come out of the deal and, at the very least have rallied to around the 1.6p level, or the equivalent of 82.5p today. It did not - at least temporarily - because of a very badly handled sell order from a long-disgruntled, price-insensitive holder and the poor market conditions at the time. I have tried to make this point several times already as it still explains the majority of the bounce.

the glorious sound of crickets.....bliss

this is precisely the type of contract I was referring to that is made far more likely to be realised due to this new fund.

This may well be a 'travel vs arrive' situation, but it would appear that the E1trillion European green energy fund that was announced back in January is rumoured to be launching today. This is why the entire sector has been on fire (so at least I had that part of it right). On IES specifically, there have been some buyers speculating that a targeted fund of this size could well make some of the potential deals they have announced as Redt much more likely. Makes the next couple of weeks even more announcement-likely I guess.

Ah, but those on the front lines trying anyway, never tire of hearing others say that

get after it

Honestly, all you've done is string together a bunch of words, almost-words and abbreviations. Not a single coherent thought. Jesus, you can't even throw out a half-way decent insult. Otherwise, you're an idiot. I'm sorry to tell you, but your condition is untreatable.

You're like some kind of bipolar monkey swinging between incoherent financial gibberish, spectacular failed attempts at mockery (maybe the most pitiable activity of all), and frantic attempts to catch me out on something trivial so somehow, in your tiny mind, you have a gotcha moment. Looks like you're all excited about the latter this time, so let's try to calm you down and run through a couple of numbers. The share price is currently 72p; it bottomed recently at around half that level, which means it has now doubled from recent lows as advertised. Other important prices were: 1. the price we were suspended at, which was just over 1p in old terms; and 2. the placement price where the merged company raised money and then relisted, which was 1.65p. The merged company did a 50:1 consolidation, which means those prices translate to 53.5 and 82.5p. God help us all, but I think you may be manically pulling your pud in excitement because I wrote 80p instead of 82.5p, having misremembered the placement price as 1.6p instead of 1.65p.

Look, on the one hand, i'll be damned if I'm ever going to let some horny squirrel have the last word, no matter how desiccated its cognitive centre may be. On the other, I'll continue to post mainly when I'm needed by real shareholders. This thing has now doubled back to a level that's still 7.5% BELOW where some very smart people backed a significant capital raise into the teeth of a market crash; ie., with a bit of help from the company, we're just getting started.....

And the meds wore off. Back to black

Great, as you seem to be on your meds for a second, I'll be quick: your go-to 'wash,rinse,repeat' comments about revenue levels for IES are completely and utterly meaningless. Like in, you might as well tell everyone how many times a day you have to reach for your therapy rabbit, because that is just about as relevant. The largest names in the general space trade on massive price-to-sales, because realised sales simply don't matter much yet. That is how the stock market works. Companies like IES in early stage industries DO NOT TRADE on actual sales, but potential sales (you want to stamp your foot and insist that it never will have any sales and therefore the shares should be at 0 fine, I guess, but the odds simply don't favour that ridiculously exaggerated outcome), because the market profoundly understands that they are betting on potential. So the basis of the massive rally we've seen is simply the market being reminded that IES has enough potential in this new business area that letting the market cap fall to such exigent levels at 35p created an opportunity. The price has now doubled from when I arrived here to try and make this basic case for the shares and encountered you and your really, really, really angry 'counterpoint'. I am not the type to use recent history as a cudgel to drive home my argument, but in this instance, while you're on your meds, I will make an exception. I've explained this to you a half dozen times now, even though it gets more painful each time to have to pretend like you're worth the effort. But then Ignoring this simple lesson every single time takes you to Trumpian levels of witlessness and damages the small amount of sympathy some here might have for you as you struggle to make sense of the complicated world around you.

oh, sorry, I did leave out something: you are the most aggressively clueless cottonhead I've ever encountered, scout. That last post was so breathtakingly brainless, that I have to 'read' it 3 times to try and find anything even remotely connected to reality. So there's that

The general sector, writ large, is kind of on fire - again - led by ITM, which has regained all its C19-related correction and is taking out at least 10 year highs, up 17%. Ceres up 6% as well. This sort of thing matters and I'm pretty sure that's what's getting our share price moving at the moment. As I've said previously, we don't really need news just yet to get this share price back towards the placement price of 80p equivalent (or higher) - which was already a severely distressed price - if the already massively valued market leaders by size, like ITM and Ceres, are seeing this type of ambitious buying. IES is then likely to benefit as its enterprise value relative to those sort of names is ridiculously diminished, which I believe is what's happening. The capital raise, the very complementary merger, the improved quality of the management team, the focus on a full-court press sales effort, and the Bushveld investment/supply deal, constituted more than enough good news to get us moving from the suspension price in the first place. This is just a delayed reaction in many ways. Maybe we do get an RNS or 2 soon, but I never thought we needed it to see a material bounce, and this is now playing out.