Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
Sales of second-hand electric vehicles (EV) rose by more than 80% in the three months to June, indicating increasing demand for more affordable zero and low-emission cars.
More than 30,500 of the battery-powered vehicles changed hands in the second quarter this year, an 81.8% rise on the same period last year.
Those sales accounted for just 1.7% of the total second-hand market, which while a record for the sector, demonstrates the scale of the adjustment required in the UK's vehicle fleet before a ban on new internal combustion engine (ICE) vehicles in 2030.
Https://cardealermagazine.co.uk/publish/interest-in-buying-evs-goes-up-and-outstrips-desire-for-ices-new-study-finds/285986
More than half of potential car buyers in the UK are considering getting an EV, a new study has found.
Interesting, thanks for the info. Twitter interest always good.
There have been rumours of a buy out ever since the first big slump. Nothing ever transpired but i wouldn't rule it out. This feels cheap and big energy companies want to get into the home charging space and pod point has the name recognition.
I don't know if EDF is an interested party or more or less likely since the French government took it back into public administration.
Well done. I'd like to hope this is the floor for this share so its only upsides from here for you.
Interesting to know whats caused the interest, doesn't seem to be on any specific company news. Wider EV industry news? I can see a few articles today about the majority of councils not having any on street charging infra - people seeing this as a business opportunity for pod point to capitalise on?
I was a pod point customer before i was an investor, i thought they were great and that's why i was tracking their IPO. Buffet says invest in the brands you buy...remains to see if that was sound advice for PODP!
The industry body expects battery electric vehicles to snare 22.6% market share in 2024 after deliveries in July surged almost 88%.
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And the majority will need home chargers installing!
There have been some chunky buys since the end of last week, clearly a few people sensing an opportunity. Hopefully long term holders and not people who are going to take their 12% profit and get out, and keep dropping the share price back down to the lows in the process.
Unless they have got all the bad news out now its definitely going to drop more on monday
Down 85% since the IPO. Pathetic.
What else is there to say? Don't think I'll ever see my initial investment back. Totally **** performance since the IPO.
They have. Great announcement but it seems to ever have little effect on the share price!
Nearly 11% down as it stands says it all really.
I'd love to be a long term holder and that was my intent but having bought in not long after IPO and doing my best to average down, honestly if i can get back to my average buy price i think I'd rather get out and have the cash. The journey this share is going on is way too choppy. For those who bought in at the start, this feels like a 8- 10 year hold before you'd be realising gains.
For other people warching and waiting, this could be a good time to get in. I wasn't sure we'd see the 40-50p lows again but who knows. Lets wait on the results.
Well, that seems like huge news this morning. Not sure how the market will take it but hopefully it is positive. Worried the intent behind this is they are trying to get ahead of more bad news when the results come out.
I know there are only about 4 people who read this board and most people gave up with this share a long time back, which i suppose is part of the problem really thar they are addressing with this change.
I'm hoping a more canny CEO can play the game a littke more and make more impact in announcements and RNS. A big problem seems to be this company has nothing to say to the market and when it does, like a new contract win, the RNS lands randomly in the day and the share price barely reacts.
A story so big they've not even put ot on their own website yet. I wish i was making it up.
https://www.recyclusgroup.com/latest-news
Latest story on there is the appointment of the two consultants from the car industry. Nothing about this mornings RNS.