‘The new investment includes a 9.7 billion pound injection over ten years from South Korea's Sovereign Wealth Fund into renewable energy and green infrastructure projects in Britain, Britain's Department for Business and Trade said in a statement.’
Wow, did not think we’d be seeing 34p again ☹️ I’m buying more at 32p but come on IES, got to be some significant news of some sort soon. Would like an update on Project Mistral/the JV with Siemens Energy please
Hoping that the prolonged silence is because IES staff haven’t got enough hours in the day at the moment!!! Hoping for another juicy positive RNS sometime soon 🤞
Thank god I sold out at a price of 9.53 this morning in the news. Still took a £1000 hit here but going to be far worse for many and take a long time to recover. GLA
Siemens Gamesa/Energy in a right mess and the latter’s shares getting smashed today after reports they’re looking for billions in Government backed securities. Think this maybe why we’ve trended down quite significantly and alongside Siemens Energy recently on negative news from IES directly. Is a bit worrying and a lot of uncertainty at this time but if Siemens Energy gets the backing it’s seeking then things should recover but may all take some time
In the last week or two, we’ve seen a number of substantially bigger trades in size and I can’t remember the last time I saw such trades. Clearly some significant positioning going on as that’s not day traders IMHO! GLA
This projected contract with the DOE should really make headlines in the US investment world so hopefully, IES will become a far more attractive investment opportunity across the pond now.