Ilika Share Discussion Threads

[ibug] 23/9/2016 15:01

What’s Ilika plc Downside After Today’s Huge Decline?


The stock of Ilika plc (LON:IKA) is a huge mover today! The stock increased 1.37% or GBX 0.7 on September 22, hitting GBX 51.7. About 18,513 shares traded hands.

Ilika plc (LON:IKA) has declined 12.61% since February 22, 2016 and is downtrending. It has underperformed by 25.40% the S&P500.

The move comes after 6 months negative chart setup for the GBX 30.84 million company. It was reported on Sep, 22 by Barchart.com.

We have GBX 46.53 PT which if reached, will make LON:IKA worth GBX 3.08 million less.

[a.fewbob] 23/9/2016 14:18

Yes I would agree, ITM have a much better future than IEH.

[a.fewbob] 23/9/2016 14:12

Bug, it could be worse, we could be invested in IEH LOL LOL LOL!!

[ibug] 23/9/2016 13:59

Ilika plc Has Another Very Weak Trading Session Recording a Gap Down


The stock of Ilika plc (LON:IKA) gapped down by GBX 1 today and has GBX 48.94 target or 13.00% below today’s GBX 56.25 share price. The 8 months technical chart setup indicates high risk for the GBX 36.23 million company. The gap down was reported on Sep, 21 by Barchart.com. If the GBX 48.94 price target is reached, the company will be worth GBX 4.71M less.

Gaps down are helpful for identifying a resistance level and to could also be used as a tradeable event. If traders are short the stock and it experiece gap down, then its usually advisable to hold the short for a bigger down move.

Back-tests of such patterns show that two-thirds of the these patterns the stock performance worsens after the gap. The area gaps close 91% of the time, the breakaway gaps 1%, the continuation gaps 9% and the exhaustion gaps 64%. The stock decreased 3.02% or GBX 1.75 on September 20, hitting GBX 56.25. About 13,188 shares traded hands.

Ilika plc (LON:IKA) has declined 5.79% since February 18, 2016 and is downtrending. It has underperformed by 16.84% the S&P500.

[a.fewbob] 23/9/2016 12:41

"The target weight percentage of hydrogen stored in such a material for it to be economically viable has been set at 6% by the US Department of Energy. Current commercially-available hydride materials can achieve up to 2.3 weight % of hydrogen. The hydride materials being verified and scaled-up by Aldrich Materials Science can potentially store up to 10 weight % of hydrogen, reversibly."

Sounds to me as though this product is pretty much ready to commercialise? Anyone know any more??

[a.fewbob] 23/9/2016 12:35

Could atmospheric pressure stored hydrogen be a bigger string to IKAs bow than the micro batteries?

[a.fewbob] 23/9/2016 11:34

I even drove up the share price with my buy order!! I've made you all a bit richer LOL!

[a.fewbob] 23/9/2016 11:33

Back on board guys!!

Watched the video posted above on the Stereax, was very impressed! Also didn't realise they were helping to develop hydrogen solid fuel storage.

The holy grail of hydrogen car technology.

Does anyone know any more on this aspect of their business? How does it work with Sigma? Are IKA in a joint venture or do they part own the IP from the research?

[horneblower] 22/9/2016 19:54

Well, you know how to get a guy's hopes up.
Sadly, nothing in that video suggests stackability.

Was it somewhere else?

Perhaps we are not talking about the same thing. Stackability means stacking the cells inside the chip so as to make a pile of cells in series, inside the chip, so as to multiply the power output.

[horneblower] 22/9/2016 16:48

Where and when?

[big7ime] 22/9/2016 16:29

Don't know why people still saying they're waiting for news of stack ability
They've already said it stacks

[shrout] 22/9/2016 12:11

needs to happen fairly soon I would guess... AGM 7 days away. Maybe?

[juleshoddy] 21/9/2016 19:25

yeah, the battery.

[diesel] 21/9/2016 17:54

I've said it before, something doesn't stack up here!

[skyracer] 21/9/2016 13:28

My concern is that the Academics are controlling this. They are comfortable playing with their prototypes and grant-funded rigs. But time and competing/alternative technologies move on, target schedules become woefully out-of-date, yet no-one is held to account.

You know the score; it will be September 2019 we will still be having the odd chat on the BB, the share price will be 30p due to several placings and it will still be jam tomorrow.

[horneblower] 21/9/2016 12:27

Revolutionary batteries are, no doubt, going to come, but they all take a long time (many years) in development and commercialisation.

Ilika's Stereax™ solid electrolyte Ni-ion battery cannot be described as revolutionary as it only increases performance by about 40%.

However, at least the single-stacked prototype exists and has been demonstrated.

If they can crack the double-stacking barrier they have something that can be mass produced by today's chip makers.

This is certainly worth doing and will have a huge market, at least for a few years until the miraculous, revolutionary batteries finally come to market.

I accept that their current Stereax™ M250 solid state battery has a market, but currently it is not a very big one.

Double-stacking is essential. If they can't do it then we don't have much at all.

Come on, Ilika. Pull your finger out. Either go and do a deal with someone like Elon Musk or hire the right people to engineer the double stacking. Doing neither is folly and will lose all of us money.

[pj 1] 21/9/2016 11:19

A risk being they have developed something that no-one wants, as a comparable or better/cheaper battery is being developed?

[big7ime] 21/9/2016 11:11

Yes I thought it had to move, unfortunately with no news that we are all waiting for (big deal or product testing news) it's down
Someone here said it'd be the end of the yr but I cannot see why it should take that long..
Come on Ilika!!!