Member Info for Boogester

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.

This is such a ridiculous comment. The ipo price was not aggressive. If anything, it's a comment on the London stock market. Chargepoint, which is also not profitable, is valued at 16x 2022 revenue. 16x! Yet this is now not even 2x 2022 revenue. Why is that? Because the UK investor doesn't look long term, rather short term. You can't say the IPO price was overvalued when companies in the same industry and not profitable as well are valued even more. It's a comment on the UK, no wonder there aren't many tech IPOs here.

This stock is extremely frustrating. The spread is ridiculous. Trying to think long term but it's a struggle when it's going no where, even when the US enforces the need for electrification etc with the inflation reduction act. All electric car link stocks are well up last few days in us. This one just jumping 5% up and down every 5 mins. The article below is worth reading though to remember the possibilitiea in this industry

https://www.reuters.com/business/autos-transportation/evs-go-mainstream-rush-share-home-charger-market-2022-07-20/

I'm hopeful they post decent growth numbers. Whether their net loss has increased is another question. I'm hoping a decent revenue number and guidance for the rest of the year will bring a nice bounce.

https://www.theguardian.com/business/2022/jul/05/uk-new-car-sales-chip-shortages-prices-delivery

Some positive news...."Battery-powered electric vehicles continued to be popular, with sales up 14.6% to 22,737 in June, lifting their market share to 16.1% from 10.7% a year earlier." The only bright spot in the car market are the electric vehicle sales.

Just hit 100p. I am tempted to buy a few shares if it goes below 100p. It is currently a marketcap of £153m which is only 2.5x 2021 revenue (£61m). Surely that is a low value. ChargingPoint Holdings is 16x 2021 Revenue (year ended 31 Jan 2022).

I know if I were to purchase a car soon it would be an electric, or an electric hybrid.

This is where I find the push down in price soo crazy. Momentum is with electric cars...

It will be interesting to see how Pod Points Net Profit has fared this 1H2022. That will be the key metric i think on whether the price continues to go down, or bounces.

https://finance.yahoo.com/news/14-of-americans-say-theyre-likely-buy-an-ev-next-as-sales-jump-174337621.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAJn1_KENBupLScCaK2Yu3UpS6fpl0-_FE9KUm8p_OhF3zgE3hCMjPAeryEQDs4YH6--1hikcxFFWNJ7yYsQ9yrsZFYa6lTfG_21O1GSONm-rJwMZHE3tf1b3YCLAaENLJ8F3wVCkVDqB4QlDi7TYEwY_Fd5IOMrun10lx-GKdQ_m

https://www.lsegissuerservices.com/spark/be-inspired-series2-podpoint?utm_campaign=629979_BeInspiredOrganicSocial&elqCampaignId=18090&utm_source=LinkedIn&utm_medium=Organic%20Social&utm_content=&utm_term=

Not sure I agree with that assessment - they didn't really "cash-in". The IPO was disappointing - they only got the low of the range, being £2.20 or something. So compared to alot of the recent tech IPO's. Pod Points was disappointing. However, this is why I invested, the stock wasn't crazy inflated. I thought it had found a base at £2 recently and was recovering, so this 40% decline is surprising and not really sure where it has come from. Why would EDF sell their shares if it's nationalised? Nationalisation only changes the way EDF operates and how it will charge customers...don't understand why that would mean it needs to sell it's shares. I think its just an inflation scare that has also hit the nasdaq, although the nasdaq has improved this week.

I am confident this is a company for the future. People say Shell and BP are stronger/have more money etc. But what about all the EV charger plays in America worth over USD1B. I think PodPoint with its home chargers, commercial fleet chargers and the operations at commercial properties like Tesco/Aldi etc is a strong differentiator. I don't see shell/BP getting into anything but pump style charging at locations owned by them. Also, remember all new builds now need Electric Charging points if they offer car parks, and there is a push to increase housing supply, meaning more new apartment blocks with parking, meaning more charging points required.

I am frustrated as was hoping for a decent return 1 year after investment, but that won't be the case. I am confident though this will return in the future.

definitely getting depressing. ..

the huge spread is back...

I think it was always going to re-rate, the market general was down and if you are confident the company it was a reason to either continue to buy. Sure it would have been nice to have a stop-loss to buy back in at a lower price, but who knew it would bounce from 150p so I am happy to have stayed in and watched it come back up. I purchased some more at 200p a few weeks ago - wish I had some available funds to purchase when it went to around 175p or so but I didn't. I think anyone after a 2-3 year time horizon, alot of stocks at the moment are on sale.

There is always issues at the beginning of a market PanamaPete, but at the end of the day with fuel prices increasing, the UK banning Russian oil by end of year, US right now, and EU reducing over course of the year by 2/3, there will be a push for electric cars - although the crazy nickel price will keep things interesting. Overall as the article below says about charging point, this segment has huge potential. The question is if podpoint will be the breakout for the UK or not, and if the UK stock market begins to value it's growth like some of the us stocks.

https://www.google.com/amp/s/investorplace.com/2022/03/the-top-reasons-chargepoint-holdings-chpt-stock-is-a-buy/amp/

Sell after less than six months in, one Annual Report release, and a bunch of external market conditions driving the price lower...not sure that's the smartest strategy but ok.

Investors chronical wrote an article on the weekend noting they are a speculative buy and currently a good price to buy. Really they want to wait till it starts making a profit, probably 2025, till they consider it not speculative. It was a promising article with good points on the business possibilities.

Interesting news today with a push to create an electric car regulator to ensure enough charging points are created in the next 8 years to service people and assist in transition. Pod point in perfect position to grow from this push and need for government investment. Looking forward to tomorrow!

https://www.google.com/amp/s/capital.com/amp/who-benefits-from-mandatory-uk-ev-charging-targets

I'm happy for the jump is price but a bit confused with the move by biosynex. Biosynex is valued at €198m, novaccyt is €180m (after today's pop). Definitely not a take over as how could they afford it based on their market cap...not sure what biosynex plan is.

All i can assume is selling into the financial results as its the first time they have ever reported. I have averaged down during this dip as i purchased when it first IPOd. SO will look to continue to do it as I think this has great potential and currently valued not at an extremely crazy multiple.

Great news. This is what I was thinking Pod Point will also need to do - align with key car manufactures to provide the charging ports given they have the technology and have smoothed out the home install process already.

The article also describes whats the best course of action for shops....as Tesco and others are taking different approaches in wattages. I think you need to consider the clientele and also what these will be used for. Ok its a slow charge, but I think shoppers will go to Tesco more knowing there is a free charger there that can charge their car a little for free whilst shopping, or pay a to get the fast charging. The other shops are choosing only the fast charging which will always cost the customer. When you consider the clientele of Tesco, offering a free service makes sense. I like the approach taken by Pod Point, as its a win win anyways - Tesco pay them to put these in place (and for Tesco that makes sense as their clientele would prefer free charging) - and Pod Point also earn extra cash for those that want to pay for the faster charging. Overall I think they will be used more than those at other shops where it will always cost you - why charge at the shops for a cost when I can charge at home for cheaper most likely.