Member Info for Richard08

Nothing wrong with posting regularly Mozax. Positive discussion with opinions backed up with facts, rather than the vitriol which you see being hurled on some boards, needs encouraging.

As you say there is lots of potential but we can see that lots of the 'potential' is being converted into action and orders. Granted an MoU doesn't immediately bring revenue in, but I doubt the execs from these companies are signing these things for the fun of it.

We have only a few short months until we can expect some news on 'Mistral'. Let's hope the sp can continue to solidify it's new base around 35-40p as a springboard for 2023.

Great news - another agreement in writing. This has got recurring revenue written all over it unless I'm reading it wrong?

I am beginning to wonder if news has leaked. It wouldn't be the first time someone has let slip! Could be just some good old FOMO... it's moving up on vey low volume.

Lots to take in there… seems a well thought through msg to the markets with all bases covered. I’m surprised the CEO is coming back to be honest but they seem to be keeping him at arms length until they are sorted in court…

Unfortunately I tend to agree PYUECK. Not a recession play this one. Bottom drawer it and come back in a year or so. Maybe average down a bit an opportune moments and await the recovery in UK plc.

I suppose there is always the possibility of a buy out if the company is regarded as cheap and has potential. As TRX operates in a highly regulated niche market it probably isn’t on many companies radars. Plus it makes some business sense to buy their products without taking on the regulatory risk. I suppose a buyout plays into the hands of those who want a quick profit, which is fine, everyone invests in different ways. Personally I hope TRX stays independent as I have a 20 year investment time span for this one. Buy them while they’re small and unnoticed and hold them for ever is my philosophy. Let’s see what comes up in the Feb update.

And we have every reason to be confident I believe. The company should have broken even at some point towards the end of 2022 and moving the accounts into dollars may well have proved to be a real plus given the strength of the dollar over the second half of 2022.

Anybody any thoughts? The market seems to be pricing in a good result as it is technically very strong at the moment and showing a real reluctance to dip any lower. 2023 could, finally, be Tissue Regenix’s year.

Tough one to call, the market is attempting to price in a lot of bad news and uncertainty at the moment. The 17th will bring certainty (hopefully) and a route forward. If I’d bought at the bottom in Nov I’d be tempted to top slice now but personally I’m still a few percent underwater.

Happy New Year to all APH holders.the rise from the bad news in Nov seems to be continuing and gathering momentum. We await the results on the 17th Jan. I would imagine from the phrasing in the RNS that the CEO isn't coming back. It's rare to return after personal reasons resulting in a month-and-a-bit long absence. Hopefully there will be some good results and a succession plan in place if it's necessary.

For those of us who have been here since before the recent rise in the sp, you may recall a discussion about cash flow. It went something along the lines of 'the company burnt through 11 million between Jan and end of June this year and has 10 mill in the bank: how is it going to be funded after December?'

If you read deeper into the trading statement released on 29th Sep you will find this:

'Whilst the Group continues to demonstrate resilience in the face of ongoing global challenges, as with many operations at this stage of development, it remains reliant on timely receipts and closely managed costs. Should existing contracts be delivered more than three-months late or the Group fail to win LODES, or an equivalent contract, early next year then, assuming the Group maintains its current operational capacity, it will be necessary to raise further funding within the next 12-months in order to continue trading and delivering on the current strategic objectives.'

It would appear we have reached that point. Why? We don't know, but in order to keep the company as a going concern it has clearly become necessary to borrow and have 2.5 million of that right now. Possibly just to keep things ticking over?

On the plus side:

'Over the next 12-months the Group expects to receive approximately £7.7m of milestone payments under existing contracts. As these payments become due on the successful delivery of future milestones, they have not yet been recognised in the balance sheet as receivable. Over 80% of the balance relates to two contracts, being Yadlamalka and Elemental.'

And there are considerable contracts which have been signed recently which in turn will bring money in. There is also this from the same statement:

Corporate & Strategic Initiatives
There are three architectonic trends that will drive Invinity's success over the next years:
1) Growing recognition of the central role of battery energy storage in successful deployment of renewable energy;
2) The inability of lithium batteries to meet demand, not only because of concerns about safety and longevity, but because the global transition to EVs will demand more lithium batteries than can be produced, leaving few for stationary energy storage, and those few will be more expensive and take longer to ship; and
3) Proven alternatives to lithium batteries supported by credible companies will be in great demand and Invinity is well-positioned to be such an alternative.

None of this has changed. The loan RNS'd today merely allows the company to keep going, rather than panicking at the last minute. Don't get me wrong, needing debt isn't great. But the catalysts driving this company are still intact, and this loan keeps the lights on so that Invinity can achieve the potential we believe it can.
To would-be long term investors, welcome to what will hopefully be a great investment.
To traders, well, you bent down in front of a bulldozer to pick up a quid and it moved. Quickly.

It’s not many months until mistral should be announced. This could be merely a bridging loan to get them through the next twelve months. Don’t lose your nerve at this stage. The only justification for this is short term necessity. And it is preferable to issuing new shares at a discount. That’s the only reason I can think of for Larry to put this through.

It’s not entirely without positives, means they can carry on without resorting to a fundraiser. And there are more than enough orders to cover the loan. Doubtless it’ll lead to a short term drop though…

There is a steady stream of good news coming out at the moment. I do remember Larry saying that they completed more deals in the second half of the year and he wasn’t kidding. The news flow and rising sp is starting to build on itself and may even have created some FOMO in the sp, who would have thought it possible?!

Up 136% in the last month, a bonkers rise only possible because of the unjustified drop that came before it. Another day at the top of the risers charts I imagine and two more price extensions continue to bring this company to the attention of others. May the good news for IES continue to flow!

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.