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GTC Getech Group Plc

8.50
0.00 (0.00%)
12 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Getech Group Plc LSE:GTC London Ordinary Share GB00B0HZVP95 ORD 0.25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 8.50 8.25 8.75 8.50 8.50 8.50 0.00 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Oil And Gas Field Expl Svcs 5.07M -2.83M -0.0419 -2.03 5.74M
Getech Group Plc is listed in the Oil And Gas Field Expl Svcs sector of the London Stock Exchange with ticker GTC. The last closing price for Getech was 8.50p. Over the last year, Getech shares have traded in a share price range of 4.125p to 14.00p.

Getech currently has 67,474,375 shares in issue. The market capitalisation of Getech is £5.74 million. Getech has a price to earnings ratio (PE ratio) of -2.03.

Getech Share Discussion Threads

Showing 4176 to 4198 of 4800 messages
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DateSubjectAuthorDiscuss
01/8/2023
15:24
BB2:- Can you post link to news as cannot find reference via Google?
So what is the chance that funding of H2G will need a significant write off -

Checked - Looks like very old news ex companies house website: LJ Resigned 30 March 2021
Then o 01 Mar 2023 Termination of appointment of Jonathan Michael Copus as a director on 28 February 2023



Getech Group Plc completed the acquisition of H2 Green Ltd from Luke …
www.marketscreener.com/quote/stock/GETECH-GROUP-PLC-4005513/news/Getech-Group-Plc-completed-the-acquisition-of-H2-Green-Ltd-from-Luke-Johnson-and-Ian-Spencer-33458976/
www.marketscreener.com/quote/stock/GETECH-GROUP-PLC-4005513/new


So what is going on?? Confused.

pugugly
01/8/2023
14:30
Didn’t know he was going. I’m not on first name terms though.

From Linked In, some major BS:

“ About
Founder of H2 Green, my second venture and my first in the brave new world of Green Hydrogen. we are building production hubs in every major population centre of the UK”

Yeah right. FFS. If he is going, good riddance.

Starting to wonder whether Copus, as someone who clearly liked powerpoint presentations as if they were reality, fell for one from Johnson.

I now doubt whether GTC own or have any H2 green asset worth anything, unless you can sell paper plans.

yump
01/8/2023
13:39
Sorry to see Luke go but wish him all the best in his future business. Hopefully we will get an update on H2 sometime soon.
battlebus2
25/7/2023
10:51
Said in the last IMC coy (if I remember correctly) he was going to update with Cooley. Can anyone remember the time line he then gave?
pugugly
21/7/2023
13:26
They said in the last podcast H2 wouldn’t require further funding though Dr Cooley has gone since so it’s a wait and see until Richard updates us. Lots of options available as to its future.
battlebus2
21/7/2023
12:38
BB2 - Probably yes or lower

Institution possibly happy to get out at any price as market cap maybe now below their criteria -Not sure about the PI's, all of whom who look to be sitting on losses.

Market so illiquid that maybe unable to sell holdings of their sizes in the market without hammering the price. (IMO but continue to DYOR).

H2 Green an unknown quantity - Could flip either way -Not enough data in the market for me to guess/calculate which way.

Anyone know of any likely further funding requirements for H2G?

pugugly
21/7/2023
12:15
Too low as to what the companies valuation should be. If you were to offer to buy GTC today would you get it for the current market cap? I’d guess not.
battlebus2
21/7/2023
11:24
Battlebus

Too low in comparison to what ? Surely not just market cap on its own, otherwise you could just say Google’s market cap is too high just because its big.

yump
21/7/2023
08:43
This is the new research page referenced above and a welcome addition to their website
playful
20/7/2023
14:44
From Cenkos note - Available through website there is a loan against the property so after fees and repayment of loan net proceeds (Cenkos estimate will be circa £1.3M) and since note published bank rate gone up and mortgages more expensive.
pugugly
20/7/2023
13:08
LOL. It’s what the market values the business and in this case it’s too low imv.
battlebus2
20/7/2023
12:53
Can Someone explain how market cap is a measure of value, as my 50+ years of investing and running businesses doesn’t give me the answer.

Is it the same as having a tiny revenue and big losses ?

yump
20/7/2023
11:21
Thanks for the link, interesting, not sure many of us knew about the potential IPO, like the sound of the revised , shorter term plans, as others say, way too cheap and hopefully the building sale will be the next catalyst..
chrisdgb
20/7/2023
10:32
Added again, ridiculously cheap imv but DYOR.
battlebus2
19/7/2023
21:46
Correct about Cooley as I understand itCash in bank 3.5 million Property under offer (2 million) Record order book & 3 new contracts announced this week Bennett says he expects GTC to break even (by end of full year I expect he was talking about?) & no need for raising new money Share price 9.5p (7 million cap) I mean come on !
32campomar
19/7/2023
20:28
greenman11 - Thanks for that. Memo self - Must do more digging.
pugugly
19/7/2023
19:58
No statement yet (that I can see) for the reason of parting company with Cooley. Until clarified a red flag for me.
Also having re-read the accounts and losses therein "Getech reported an adjusted loss after tax of GBP2.8m" still on watch list rather than jumping in.

If was such an attractive opportunity given the current cash holding surprised PE not sniffing around.

pugugly
19/7/2023
15:36
The new boss really impresses me & he definitely gets it about the current state of the share price !
32campomar
19/7/2023
10:37
Good podcast on recent wins etc. I’ve added again.
battlebus2
19/7/2023
09:55
I am no expert but it would seem we are sat right on technical resistance at 9.6p. Let's hope we can push through.
32campomar
17/7/2023
18:45
Couldn’t agree more, we should be trading much higher even with what trials H2 is going through currently.
battlebus2
17/7/2023
08:02
Great news. Underlying business clearly very strong. No justification for current share price, but quite the opportunity
32campomar
17/7/2023
07:50
Positive news and hopefully a turning point in sentiment here.
playful
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