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The troubles with Siemens are definitely something to keep an eye on for any consequences with IES. The company have been rather quiet on what they have been doing together, I don't think Siemens have ever made even a reference to Mistral in public? (Correct me if I'm wrong someone?) Having said that though, Siemens is one of the largest employers in Germany so I wouldn't be surprised if they get some help.
Interesting read from the company here. It mentions that company expectations have had to be unwound re income from storage about part way through the RNS. I’m not quoting exactly there but have a look. High interest rates in a capital intensive environment are bringing the sp down but the company and it’s assets seem to be in good shape. I am holding until relieved here.
There was a time when a sale (any sale!) would have half a dozen comments and cheers from investors. Now, it hardly merits comment. I take this as a sign of strength rather than apathy and the simple fact that sales are becoming so common place that they are virtually, literally, unremarkable.
Shouldn't worry guys, this is just the inevitable drop after a day of good news when day traders jumped on and are now taking profits. What will be interesting is how much further it falls from now. I would expect it to be very reluctant to drop much further. The good news just keeps on coming and Larry said a while ago that most of the company's deals come in the final part of the year historically and we've still got three months to go.
It does seem like common sense has prevailed on the sp today and the news has been taken positively. Very extraordinary in my view... unless I'm missing something ridiculously obvious?! The business would appear to be on a firmer footing now as you say. Hopefully we will see continued upside now.
Agreed Cautiousman. It seems that the drop over summer was, for once, a buying op. I managed to grab a few more at 134p and keep refusing to buy any more as it is still going up and I keep telling myself it will run put of steam soon. But it hasn't yet!
It’s Emma Powell, and I tend to think that by the time the journalists have spotted a fall in a share price it’s always worth a closer look. As you pointed out, buying their recommendations can be a problem…!