ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

IES Invinity Energy Systems Plc

23.30
-2.70 (-10.38%)
02 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Invinity Energy Systems Plc LSE:IES London Ordinary Share JE00BLR94N79 ORD EUR0.01
  Price Change % Change Share Price Shares Traded Last Trade
  -2.70 -10.38% 23.30 4,108,714 16:35:12
Bid Price Offer Price High Price Low Price Open Price
23.00 23.50 24.00 22.75 24.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Indl Coml Fans,blowrs,oth Eq 2.94M -18.54M -0.0970 -2.40 44.41M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:12 O 25,000 23.02 GBX

Invinity Energy Systems (IES) Latest News (3)

Invinity Energy Systems (IES) Discussions and Chat

Invinity Energy Systems Forums and Chat

Date Time Title Posts
02/5/202416:36Invinity - a new beginning and Troll free6,452
02/5/202408:51Invinity now commercialising172
13/2/200119:20IES Group - Acquisition (at last!)3

Add a New Thread

Invinity Energy Systems (IES) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
15:37:2723.0225,0005,755.00O
15:35:1523.25150,00034,875.00O
15:35:1223.3010.23UT
15:27:5423.9030,0007,170.00O
15:27:5023.9020,0004,780.00O

Invinity Energy Systems (IES) Top Chat Posts

Top Posts
Posted at 02/5/2024 09:20 by Invinity Energy Systems Daily Update
Invinity Energy Systems Plc is listed in the Indl Coml Fans,blowrs,oth Eq sector of the London Stock Exchange with ticker IES. The last closing price for Invinity Energy Systems was 26p.
Invinity Energy Systems currently has 191,032,123 shares in issue. The market capitalisation of Invinity Energy Systems is £44,414,969.
Invinity Energy Systems has a price to earnings ratio (PE ratio) of -2.40.
This morning IES shares opened at 24p
Posted at 02/5/2024 10:12 by mikemine1
From a company point of view this raise is fantastic in size and price. The FTSE index may be at a high but raising funds for small companies is extremely hard as the Government representative pointed out. The way ahead is now clear, especially with Mistral coming on stream, and well funded.

From a shareholder's point of view, it's a disaster at the moment. I don't see how anyone can argue about that. Will it be a disaster going forward? If IES's plans come off the answer will be no. It will be a huge success as profitability will push the share price much higher.

I am disappointed that no "strategic partner" of the manufacturing type has appeared and that is worrying. I suppose the guys in the Far East who will pay royalties could be considered partners but I was thinking more of the Gamesa ilk.

We are where we are though and, from a new investor's point of view, IES looks a fair bet. It's a world leader outside China and is on the cusp of profitability with a much cheaper (and profitable) new generation. It's now Government backed and has lots of cash to pursue it's business plan.

I'm not happy about the dilution but we've just got to swallow that.
Posted at 02/5/2024 09:59 by 74tom
Yesterday's news was fantastic if you believe in the long term story here. It's very rare to see a UK government body taking a significant equity stake. I believe that this is an early indication of labour taking a more aggressive approach to the UK's future energy strategy, and IES appears to be in pole position to become a national champion. IMO the £18m for LDES projects isn't a subsidy for IES, it's industry support in disguise. In my view, IES has been designated as an investment vehicle for UK LDES projects, and they will provide both the infrastructure & also get recurring revenue from the projects themselves.

If this news makes you angry & irrational then you've simply chosen the wrong investment strategy for a company like IES. This investment derisks the bull thesis substantially & should be a chance to top up, not whinge about how much you paid back in 2021, in a completely different universe as far as funding goes.

Remember Ceres Power hitting £16 on a 2055 DCF of royalty revenue?! They are now at £1.60. ITM at £7? Now at 50p. Both have exciting private partnerships which have done absolutely nothing for them. It's no good complaining about IES management, in revenue terms they've made more progress than those two companies put together.

If IES does indeed become an LDES national champion then there should be significant value appreciation ahead. I'd say the chances of that happening are now multiples of what they were this time last year. Still high risk, so a small portfolio holding, but I'd imagine it will be attractive to a lot more investors now that it used to be.
Posted at 29/4/2024 18:21 by hope1815
I was following today's input on the board and I thought about what has been written. Invinity came from 2 companies back in April 2020 if correct. Invinity was formed in April 2020 through the merger of Avalon Battery Corporation and redT energy

The question is, do you take the share price from Invinity Energy Systems Launch or the other 2 companies' share prices going back to 2009? The price of IES in April is only slightly below what it is now( 3 April website Launch Share Price was 35.67).

On cash flow position of the company has stated it has well over £350 Million in orders in the coming year. This has been covered by many analyses in November /December 2023 with some predicting Profitability in 2025.

Invinity Energy Systems is classed by BNEF as a Tier 1 Energy Storage provider only 3 months ago.

In the ongoing discussions, they said they could use a bank loan {VSA Capital Podcast and news outlets) rolling over 2025 if. Yes, that means a debt entails working harder. If things did not work out.

Mistral has been Validated and ready for scaling up to orders in the USA (DOE ETC)

Invinity Energy Systems itself is attending as many Energy Exhibitions in the coming months. They are not lacking exposure in the marketplace now.

Research is important and reading material is part and parcel of any Investment. It is a choice and if things do not go the way you think maybe Investing is not for some people.

Happy Investing
Posted at 27/4/2024 11:21 by dontay
G7 to target sixfold expansion of electricity storagePlease use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found at https://www.ft.com/tour. https://www.ft.com/content/ffd38d2b-4679-42e6-a883-3063cfbca716?sharetype=blocked G7 countries are set to agree a global target this weekend to increase electricity storage capacity sixfold from 2022 to 2030, as countries grapple with how to keep the lights on while shifting to intermittent wind and solar power.Ahead of a two-day meeting starting on Sunday, climate ministers have "agreed in principle" a global goal for electricity storage capacity of 1,500 gigawatts in 2030, up from 230GW in 2022, according to a draft document seen by the Financial Times.That includes the use of batteries, hydrogen, water or other solutions to store electricity.There are fraught discussions on several other areas, with coal among the most contentious, along with energy efficiency and methane targets. Japan in particular has pushed back against an ambitious shift away from coal.The current text, which has not been agreed, says countries should phase out the use of coal power from which emissions are not captured shortly after 2035. Under new rules unveiled by the US on Thursday, coal plants planning to stay open beyond 2039 will have to cut or capture 90 per cent of their carbon dioxide emissions by 2032.The talks mark the first time G7 energy and climate ministers have met since almost 200 countries agreed at the UN COP28 climate talks in December to "transition away" from fossil fuels. At the meeting in Dubai they also agreed to double energy efficiency and triple renewable energy capacity by 2030.The burning of fossil fuels is by far the biggest contributor to global warming, but the shift to renewables has raised major questions about energy supplies at times when the wind is not blowing and the sun is not shining.  One official involved in the G7 talks said the energy storage target was a "good" solution and showed that countries were taking the agreement reached in Dubai seriously by focusing on implementation. Energy storage aims to stockpile excess energy when conditions for renewables are optimal, using options such as batteries, then discharge it as necessary.Hydroelectric dams currently provide the greatest store of renewable energy, but only about 15 per cent of energy is generated by hydropower. The International Energy Agency expects batteries to account for 90 per cent of new storage.The G7 will "promote stationary battery storage development and deployment to increase storage efficiency and reduce storage costs," as well as "encourage a diversified, sustainable, secure and transparent supply chain for battery storage", according to the draft.The International Energy Agency said this week that the "rapid expansion" of batteries would be critical to meeting the energy goals set at COP28.It found that growth in batteries outpaced almost all other clean energy technologies in 2023, with 42 gigawatts added to electricity supplies around the world thanks to falling costs, better technology and supportive industrial policies.Battery costs have fallen by more than 90 per cent over the past 15 years, one of the fastest declines ever seen in clean energy technologies, the IEA said.In draft language not yet signed off by ministers, the document also proposed backing a push by the world's richest countries to end subsidies for fossil fuel development abroad, the biggest source of international public finance for the sector.Ahead of discussions scheduled in June, the US and the EU have differed over the extent of a proposed ban on OECD countries extending export credit agency loans and guarantees for oil, gas and coal mining projects.
Posted at 15/4/2024 10:49 by mikemine1
Looking beyond today's RNS, if the negotiations are successful in the way IES indicate, what does that mean for IES and the SP? IMHO it means the Market would view IES as being safe from collapse at the very least and that would be very positive for the share price The danger of financial collapse is an ever present risk with these small loss making companies so to have the support of more established partners would lead to a re-rating of the share price Certainly some upfront money from said partners wouldn't hurt either.

IES has a certain amount of manufacturing capacity already. Would they sell that on to one of the partners to get things moving quicker or would they retain it to develop their market themselves? Either way I can see money and security coming to IES without further dilution. It's all to play for.
Posted at 10/4/2024 16:35 by megaman2
Hope your last post perfectly explains your knowledge of shares . Ie novice . Your lack of understanding is evident and greatly explains the results of your "research". Perhaps you should do some basic research on how shares work for starters .

It's a pity the job adverts where not for CEO and CFO .

The jobs revelation has not prevented a further decline in share price No surprise there .

Stop calling for patience hope imo you haven't got a clue . We are getting diluted into oblivion and the company is not presenting financial details like royalties etc on when if ever that can end . This company has already liquidated once and now sits at a very small percentage of its relisting price . Telling people patience over and over again when you are clearly a novice researcher is not endearing or helpful.

The patient here have not been rewarded .not by a long shot . Some will unlikely ever get their money back the share price was c £2. The way things have gone so far none of us will.
Posted at 14/3/2024 10:40 by mikemine1
There is a petition going around to make shorting illegal in the UK. It won't make your broker or the shorter very happy as they've made tidy amounts over the years. In case anybody is unaware of the shorting process it goes like this. The shorter borrows your shares from the broker, bank etc who is looking after your shares for you. He pays a fee for this. He then sells your shares, usually in significant amounts, in the hope of buying them back at a lower price some time in the future. If there is enough shorting then there is a downward pressure on the share price and the price drops. Often on the stock market, as you know, investors will follow a trend, either up or down, so more selling comes in. At some point the shorter might buy back your shares at a good profit and return them to your broker. You will be unaware that your shares have been used this way but you will be aware of the drop in the value of them.

Shorter's and brokers say that the practice improves liquidity and sorts out the weak companies but that is just spin on what is essentially an immoral practice. Smaller companies like IES need continuous funding until they reach profitability. Attacking them by shorting means that they have to dilute shareholdings more because the share price has been lowered deliberately. So not only has your share holding lost value it is hit with double whammy by having excess dilution. How this practice can be allowed is beyond me and it's about time it was stopped.
Posted at 09/2/2024 13:04 by greenmachine2
#5975 post Robertspc1. I share your scepticism of whom will provide the funding. I recall that robertspc1 indicated that they had sold a big chunk of their holding, maybe all of it, last year.

Siemens-Gamesa are recovering from problems with quality of components with their wind turbines and surely will be cautious to fund much more of IES's Mistral. No directors of IES ever buy in the market outside of tiny sums in open offers.

Lithium Iron Phosphate battery prices are falling further this year (2024) and they are more difficult catch fire with thermal runaway, unlike Li Ion ones. No new orders have been announced to the market from IES for some time and lots of MWh/MWh announcements are needed that are profitable for IES to have that reflected in a growing share price.
Mechanisms for longer duration storage are still in the planning stages in the UK and elsewhere I believe. LDES and revenue stacking from different kinds of grid support for flow batteries is IES area for selling. Even grid congestion that is growing on many grids including UK has failed to inspire the siting of our batteries on any large scale as far as I can see.

I am a shareholder with an averaged net buy price in the 4Op plus region.

Some might say negative posts are not the thing to do if you own the stock, but reality of the risks of IES shares is important to consider. I sold my open offer (32p) shares at about 50p. I then bought more at 40p. Armed with my assessment of a range of considerations that I used to write this today, it would be difficult for me to justify buying even at the current price about 25p.
Posted at 16/12/2023 13:41 by gbcol
I agree with that megaman2. There are many times when the share price is adversely affected by external matters but in my view this significant fall over last 2-3 months is largely self-inflicted. They were very clear, and repeated it often, that we would be getting a number of further orders this quarter including more pilots, that they were in advanced talks with strategic investors, that DOE contracts would be signed - all this quarter! All we’ve got in last few months is some PR guff of some unknown politician visits and a 1.1MWh order. Pathetic.

My posts have be bullish to very bullish on Invinity for years but they have not delivered this year and the share price reflects that. Yes, 2024 will probably be transformational and we will all be happy bunnies but as it stands today, they are failing to back up their words.

When JV was signed with SG in 2021, part of that deal was to offer SG up to 10% of company at 175p a share. That was also the price of a recent fund raise at that time.

175p! Just over 2 years ago. Now we can’t keep share price over 30p. Anyone that doesn’t think there is cause for negativity needs to give their head a rattle.
Posted at 14/12/2023 20:18 by hope1815
Hi GBCol information on the sites

Battery Project Sites:
1. Iowa: Meswaki Indian Settlement in Tama County
2. Iowa: Waterville in Allamakee County
3. Maryland: Smith Island and Virginia: Tangier Island
4. North Carolina: Hamlet Plant Power Station in Hamlet
5. South Carolina: Blair Hamlet in Fairfield County

NRCO is doing the contracts with the DOE and Invinity Energy Systems. I know people feel news should have been forthcoming including me. With some research, I note it probably takes a bit more time. With large contracts and the time frame, these will run a period of up to 10 years. It is understandable that IES does not want to be tied in on a loss-making contract on running Energy Storage. The announcement with DOE is a large amount of investment. Patience is required I think for the announcements of the contracts. As there may be additional timelines and upgrades to consider. Contracts can take time and in the September 2023 announcement, it seems probable the contracts will take longer.

On listening VSA Capital Podcast you are correct that Andrew Monk will not mention anything due to confidentiality. I did like his 3 picks IES was mentioned first but was not his preferred for 2024.

On the share price again I shall say wait 12 months, Institutional Investors are around 46% only group that seems to be moving is the General Public. With Private Investor's historical sense, they do not have a long-term view but a short ONE.. This is probably in the volumes traded recently that P.I are selling.

On the dilution issue, it depends on the view. There are a few thoughts on how people can view this, share holders may be hit on their recent holdings and feel cheated. Another view is that if the share price medium term to long term goes up the dilution becomes problematic. It is best not to speculate on what may happen but just have patience.

Future Funding is locked in the USA etc, Mistral 2024 coming online, and with a lot of reports on Energy Storage past month, IES positioned to benefit from Energy Storage expansion, Buying or selling in any company is a gamble. Invinity Energy Systems probably will be bought out. Once the contracts are announced and Mistral product is shown off.

September 2023 Lockheed Martin and AltaLink (Berkshire Hathaway) funding in similart projects.

The question will Invinity Energy Systems be around in 12 months? Is it an opportunity to invest in a sector that seems to be entering a growth period in Energy Storage? There are a lot of companies and mergers are beginning to happen in the last 12 months within the sector.
Invinity Energy Systems share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock