The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
More good news following hot on the heels of previous sales. Good to see that the deal with Korea wasn’t just words and has quickly led to a sale. I would imagine a twelve month period for them to evaluate the battery before further sales follow? Interesting to see the comment about lithium fires in the country putting them off flammable storage - keep pushing that narrative!
Good news on the lettings, showing that businesses still need space and Warehouse REIT can still get their moneys worth in rent!
Definitely some positive action in the sp today. It doesn’t usually move up 20% plus without a reason. Then sp is just beginning to push against the upper trend line created by the high in Jan 2021 and the down hill slope ever since. If it can retain this price for a few months and/or push higher it will break out above which would be very bullish. Perhaps finally the market is beginning to recognise Invinity’s potential?!
Well I checked the RNSs this morning and seeing nothing of interest I left it until just now… and what a day! A big deal going through, several price extensions and what would appear to be a big move up on low volume?? All to the good though, as IES management continue to execute exactly as they said they would.
35% up in revenue? Thanking you! Obvious need to prevent exceptional items that resulted in a loss overall remain ‘exceptional’ and don’t become ‘annual’ but plenty to be optimistic about as we head into the Christmas season!
https://www.energy-storage.news/vanadium-flow-battery-partners-sign-agreement-to-develop-gigafactory-in-australia/
Subject more or less says it all, but shows the way forward for IES. I can imagine a similar factory being built in the US by IES/Siemens to manufacture the 'Mistral' product if/when it's mass-produced. The fact that there is a market for this kind of thing is undeniable and the tax incentives in the US at the moment make it a more logical choice in my opinion.
I added more early yesterday so missed the drop into the afternoon. Problems do seem centred around the CEO and I would imagine he won’t be coming back. This is an recession proof play with a 4% divi at this level. I am going to wait and see what range it finds as the market prices in this news. But with a Mcap only just above annual sales this is clearly undervalued. Well done to all those who bought in late yesterday/early morning!
It'll probably bounce around whilst the market tries to price in the uncertainty. But with a Mcap of 270M, a 3% divi and nothing wrong with the products which as you say should be a safe haven, then there is no reason to doubt a recovery. In time... sounds to me like they need to find a new CEO as there are too many issues circling this one. Wouldn't be surprised to find a palace coup d'etat taking place and a new CEO appearing at some point once the incumbent's 'personal reasons' have resolved themselves.
Not good news there... not so much a pair of Turtle Doves but a pair of Ravens! Personal reasons? Could be anything... a prelude to leaving? who knows. And earnings going to be flat on 170m compared to previous years. Likely drop big on the open but for brave souls with cash ready this could be a good long term buying moment.
TRX continues to spread it’s wings over Europe and broaden it’s commercial connections. Every agreement like this has been won over competitions showing the continued saleability of TRX’s products. All cash to the bottom line.
Another sale and a new market to boot. Invinity continues to expand it’s reach and prove the global appetite for battery storage. The good news continues as we get closer to the ‘Mistral’ announcement.
I'm no chartist, but we hit 21p on 5th Oct before bouncing, then hit 22.5p on 7th Nov and have continued to bounce on 22-3p over the last few days. Does that constitute forming a bottom?
As I mentioned, this isn't my strong suit and I don't put much faith in it generally preferring to exam the company's fundamentals etc. But the wider market may, perhaps, see 21-3p as a 'bottom'. Appreciate anyone's thoughts on this.
Well that news is going to cause the sp to go down as quickly as Boris Johnson's pants on a date night.....
Ultimately, just a delay though, so an opportunity to grab a few more if it really tanks as those with a short attention span sell at any price.
Good set of results there. Coping reasonably well with covid in China. Sales, revenue and profit are up whilst operating costs have risen by a smaller %.
Lots of stock in for the festive period, will be interesting to see how those sales do next year once the recession hits and Mr Hunt's tax rises hit the wealthy.
Divi up and share buyback less than half completed as well. I'm trying not to use rose tinted glasses but it does seem a good set of results overall.
Excellent drilling results. Adding further to the LONG term investment case for Shanta.
Good set of results there. More revenue, greater recurring rev and a 10%+ increase in divi! Yes please!
It would be nice to get something soon to confirm that we are (hopefully) in the black at last. I doubt we will get anything earlier than the next results/new product RNS. Daniel & David don’t seem the sort to do an RNS for no reason, fortunately! We have no reason to believe the company hasn’t broken even as planned though, and with Richard Snellor’s continued purchases it’s reassuring to have a more experienced investor confirming your own due diligence.
Morning Ginandmilk, yes he does seem happy with his purchase. He will be after a seat on the board soon! Hopefully another LTH who wants to see the company grow and not get bought out cheap and early. TRX may well be sharing news of new products in the next few weeks/months, they did hint as much in the recent earnings call… maybe an early Xmas present for shareholders?