Well a 24 percent increase today on a generally bad day for tech/risk stocks is a great start and we should see another 15% increase to the next support level around 92p before the weekend I hope.
Thankfully I didn’t let my frustration get the better of me recently which is a miracle given the length of frustration I’ve endured investing in RedT/IES. I held and added this morning at 71p on the news of the 8.4Mwh sale in North America and just really hope this is just the beginning of a very overdue reverse in the company’s performance and that more sales follow along with a good progress update on our JD with Gamesa Electric (part of Siemens Gamesa). GLA
Just sit back and enjoy the ride. All the right noises still being made by Stroll and Moers and AML truly starting to show its intent to become the worlds leading luxury auto marque in a fashion like no other. The DBX 707 is simply stunning in all respects and the rich and famous will be falling over themselves to get their hands on one as it’s a true status symbol - it’s the fastest of its kind in the world and the best looking. Stroll still hasn’t put a foot wrong IMO and has delivered (if not over achieved given the turmoil Covid has caused last 2 years) every step of the way. I have every conviction that we’ll be back up above £20 and beyond within the next 12-24 months so long as no further significant negative events impact the world globally.
There is definitely a large seller at work. Number of trades over the last 3 days significantly hire than previous daily average. Not a good sign and this is a pure gamble now. If nothing comes of the Gamesa Electic JD, this company is dead in the water
Bunsenburner - of course you are entitled to your opinion but without stating anything to back up or substantiate your opinion it is meaningless to anyone else. On what basis is your opinion of a ‘Big Reversal Inbound’ based on please?
And why would Gamesa Electric excercise their option to buy 9.99% of IES AT £1.75 when at this rate, they could buy the entire company for the same amount. There has been no update to shareholders on how the joint development is going since announced over 8 months ago and IES has a paltry ‘1 battery here and 2 batteries there’ to ‘showcase’ IES technology. There is no meat on the bone whatsoever. The Oxford ‘Superhub’ is tiny compared to other recently announced projects on this BB that IES have no part of. I believe IES total projects Mwh output is 25 which is less than 10% of the size of either of the two recently announced projects on this BB. 150 staff - WTF do they do each day
RE: Mammoth Battery Storage for Scotland27 Jan 2022 21:56
Neither of these projects (even with Siemens Gamesa as a partner) have #uck all to do with IES. I’m done with this 8ull**** fake RedT afterbirth and am selling out in the morning with what I have left
RE: Commentary from Chrysalis investments annual report26 Jan 2022 09:09
I just topped up with another £2k’s worth. I like the potential risk/return here a lot and feel THG is being primed to push back up a lot higher in the not too distant future. GLA
Down 15% in 24 hours and not even an RNS to report any negatives. Volume was 5 fold yesterday so someone must have heard something. This is the second AIM share I’ve invested in that’s turned out to be a complete pig. Nearly 6 years I’ve been invested here and down 80%
I am now asking myself what the hell was I doing buying more shares here in IES after already getting burnt with RedT. This whole sector has crumbled recently but it must have its day as the world cannot keep warming the way it is year after year!!! Just hope there’s something left of IES when that happens!!!
Lexdad, I believe that is where the SP is heading and why I got out at 780p. Can’t see anything positive in the short term for this sector unfortunately. As soon as ITM breaks 320, I’m getting out of that too
Sold out today at 25% loss but only had £2k’s worth invested here. Been burnt more than once with AIM stocks that are touted as ‘going to the moon’ or the ‘future’ when still in development stage and no real sales or revenue. Same here and will take time if it does come good so putting money to work elsewhere. GLA to all holders here