Member Info for Richard08

Wouldn't surprise me to know news has leaked out. Although only a very small number of trades, doesn't take much to move this. Hopefully some news soon.

Good to see JPM taking a 5% stake. Confidence.

Don't shout so loud, but this appears to be on the up!

This is quite a quiet share board, so don't be discouraged. But the company does seem to be doing well, gathering new orders etc. Fingers crossed.

This set of accountants are beyond incompetence! The company should sack the lot at the first available opportunity. How can it take this long?? Put more people on it if needed! Grrr

The game changer will be if other companies are making their batteries and paying a royalty then that provides a revenue stream for the company for no effort whatsoever from them. Straight to the bottom line. And the more batteries which are installed world wide, the more this will encourage sales. This will allow them to fund research, stay ahead of the competition and continue to develop new and better batteries. It's looking good, just need the the company to fill in the blanks!

That’s how I read it HarChris. Siemens for the tier one do you reckon? Doubt they’d let it slip through the pie hands after three years of co-development.

Hmm, very much a teaser, and a ‘please be patient’ RNS.

This bit had me laughing though…

‘The Directors believe that this proposed investment has stimulated further interest from other high quality strategic partners who have all indicated their willingness to proceed with an investment…’

Is there a group WhatsApp for this sort of thing? Or does the old boys’ network live and breathe?! It seems like everyone in industry knows about this, but not the poor retail investor. Ah well, nothing changes. Continue to trust the company and wait a few weeks.

… have take a sizeable stake. That’s the second group in the last few months to do so. Overall, positive moves. Someone clearly has faith.

Https://www.proactiveinvestors.co.uk/companies/news/1045105/battery-storage-firms-have-value-after-recent-falls-suggests-rbc-1045105.html

Hopefully so Serge_Farrar... you do wonder why they'd be so specific with a timeframe - why not give yourself a broader timeframe to avoid missing a two week window?

But it's largely academic. As you say, no news is good news, it doesn't take much for the sp to drift down, but equally so, good news works to the upside as well. Hopefully we'll hear something soon.

Certainly not a good sign… hopefully there is no more bad news to come!

The market would appear to agree with you, biggest sign of life for a while so far this week. Hopefully bottomed out and beginning the long journey back up? We will see.

Very quiet on here for a bit, share price is flat over the month as well, very little trading going on. And we are now five weeks into the 4-6 weeks period during which further strategic agreements were to be expected we were told. I’m not going to hold them to such a timetable, though they imposed it themselves, but the more time passes, the more we can expect further strategic partnerships and the upcoming commercial launch of mistral. Hold Fast IES share holders!

Always good to see a director buying in. Don’t know why it’s taken her nearly a year but better late than ever!

Always good to see. Hopefully the sp will start to reflect their apparent confidence in the company.

A takeover is unlikely in my opinion. The kind of product they are producing and the work involved is highly complex and given that they've not raised their prices they are still competitively priced and likely to be kept at arms length by those who don't understand what the company does.

I am also happy watching 20% growth pa tick by for a long time to come if they can manage it. In the earnings call they said that the current facilities can manage circa £40M of sales. So expansion isn't necessary at this point. Growth in sales, reducing costs and a well managed company (on AIM!) - can't ask for much more.

Agreed RN1MLT. It’s worth remembering that 20% growth pa is nothing to be sniffed at!

Daniel and David are the slow and steady types. It’s taken three years to sort the company out and put it on the path for growth and profitability. Expansion will happen if they say it will, they’ve delivered on what they have promised so far.

They are also capable and clearly know what they are doing. However the company has achieved profitability for the first time, it will now have to do so again to show it’s not a one off. I think we’re in for a period of continued growth and improvement in the company. A few earnings calls ago, Daniel did say they could meet current demand using the existing facilities. I doubt they will do a share raise given the tremendous devaluing effect this has caused for the company in the the past. Using existing funds to grow or maybe a strategic partner is more likely in my view.

One thing is for sure, this is, finally, a company that we don’t have to lose sleep over!

Absolutely! Profit, growth, more cash on hand than before, what more could you ask for?!