RE: Thoughts on tonight’s presentation12 Jun 2025 10:59
I’ve just listened to the presentation in full and I’m more confident than ever in IES’s future and the team driving it forward. The management team came across excellently in all respects, providing detailed answers to direct questions from shareholders and what the future/opportunities looks like and how they’ll fulfill them. They all seem very buoyant about where IES is and where it’s heading.
As was already highlighted by grsshaw, the remark/slip of the tongue by Matt (and his manner thereafter that wreaked of ‘oh no, I’ve let the cat out the bag!’) regarding ‘when’ which promptly changed to ‘if’ was glaringly obvious that he has a very high degree of certainty that it is a matter of ‘when’ and not ‘if’.
The presentation is a must listen to for any ‘real investor’ here. I have no further funds available to add at these prices but would not hesitate to buy more at these levels. I could sell out of other positions (there are a few I may consider selling to add here) but I’ve already committed near £45k into IES since 2016 (formerly RedT) and though there’s a long way to go, I’m already feeling confident that my investment here will pay off my mortgage and some over the next 5-10 years.
I also liked the explanations as to why management felt the SP is so dislocated from where the company’s at and it’s forward looking opportunities.
GLA