Member Info for HotChip

ken10 - agreed, yield is very strong and I like it.

But I do wonder if this is sustainable with reducing commodity prices, certainly in the short-term, and whether this will be paired back to support an increase in capital budget spend and/or pay-off upcoming debt repayment of c.£25m

We tend to see dividends across various industries increasing year-on-year, how likely do we see this happening here?

DYOR

Did you have to have them? May have further to go down...but I guess you could average further.

DYOR

I can't believe PIs are happy to risk getting their fingers burnt. The fundamentals are clear (if you have done all your research) - there is no buyer, its winding down, so why on earth would you buy into this?

Is it a case of FOMO, because for me, that is not a strategy, its just plain gambling. You may have got better odds placing all your money on red or black.

Anyone left holding shares because they bought in too late today off the back of what appeared to at the time be a soaring upward share price should only be looking at themselves in terms of losses and not blame anyone else.

I sincerely hope you recoup any losses, but definitely a lesson to be learnt if you have ploughed alot of money in today, hoping to get rich quick, and it hasn't worked. If you have made money today, well done....but I think you were one of the lucky few.

And please DYOR.

Fair point G_G_G - interesting view and I can see how a re-balance could have a positive impact.

Very good thread here, thanks for sharing.

Because its AIM :)

Are you sure about that nomad? SP is dropping below the 20p mark since RNS....

DYOR

I would rather have more IIs than PIs.

DYOR

Jam - Its a Trading Update, not Results. And if you read the RNS, they are finalising launch plans, so of course this wouldn't be ready to ge included in the Trading Update which was expected this month anyway. Can't go delaying a Trading Update can we....

DYOR

This could be interpreted as a tip or recommendation - if you are not personally regulated you will get yourself burnt.

DYOR

Fantastic trading update today, particularly margins which have exceeded expectations and a shareholder distribution later this year.

DYOR

.59 highest. Not been .61 today. Unless you will be kind enough to supply screengrab and broker name and I will happily eat humble pie.

DYOR

38p sum of the parts valuation. I agree with this when I look through the report. Seems fair value to me.

DYOR

I really don't understand the chat here around being taken over - this has been going on for a while now. I don't see anything to suggest we will be taken over, just that any offer would also be considered from a shareholder value perspective. But that's normal for any business and not exclusive to i3E. Is this chat going on because there is nothing else newsworthy to talk about? Or is it that we are really hoping for a takeover here just to get some extra wedge of cash because the SP is depressed?

DYOR

IIs sell all the time, its what they do. Current SP doesn't matter unless you are actually looking to sell right now. Otherwise, chill and let the divis roll in.

Perhaps because there is no info to tell atm?

SP down = divi yield up. I am not complaining :)

DYOR

The market dictates the SP moniman. It's AIM, what do you expect?

DYOR

https://www.proactiveinvestors.co.uk/companies/news/1002103/i3-energy-sees-significant-upside-potential-heading-into-2023-1002103.html

* insert proctive investors in place of asteriks.

https://www.**********.co.uk/articles/i3-energy-record-production-levels-means-they-are-on-track-to-exceed-24-000-boepd-6768f3f

* just insert Vox Markets where the asterisks are

"Best outcome for everyone is a sale." - you don't know this for 'everyone'. Just yourself.

DYOR