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GTC Getech Group Plc

9.875
-0.375 (-3.66%)
17 May 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
  -0.375 -3.66% 9.875 9.75 10.00 10.50 9.875 10.25 411,147 14:00:19
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Oil And Gas Field Expl Svcs 5.07M -2.83M -0.0419 -2.36 6.66M
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 10.25p. Over the last year, Getech shares have traded in a share price range of 4.125p to 15.125p.

Getech currently has 67,474,375 shares in issue. The market capitalisation of Getech is £6.66 million. Getech has a price to earnings ratio (PE ratio) of -2.36.

Getech Share Discussion Threads

Showing 4476 to 4499 of 4800 messages
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DateSubjectAuthorDiscuss
16/10/2023
14:55
Yes stick to the knitting and it should be a modestly growing, stable (now diversified from O&G), niche business with good clients and repeat revenues.
yump
16/10/2023
14:23
Getech working with some big companies on a Copper project First Quantum Minerals, Teck Resources and BHP.
greenman11
16/10/2023
11:56
The only ones to blame are the directors. Some are already gone, and all will go unless they gain more orders soon.

GTC raised cash (other people's money) to gamble it. Directors are not buying shares at this level; this speaks volumes.

We need directors buying and new orders until then; this is a dead mouse in a little cage.

WE ARE A 5 MILLION MARKET CAP COMPANY; HOW CAN YOU BELIEVE WE CAN DO ANYTHING IN THE HYDROGEN FIELD? IT IS NONSENSE.

Do you know that Iberdrola (the Spanish company owner of Scottish Power) has the largest green-hydrogen manufacturing facility in Europe, and it can only produce 20 MW worth of hydrogen? Iberdrola's market cap is $69 BILLION! We will probably need to increase this capacity by more than 1000 times in Europe in the next 20 years, so it is very tiny for the future market needs

book5
16/10/2023
09:28
You’ve linked one set of facts to another as cause and effect. That’s the issue.

Perhaps you could detail how H2 Green has been affected, because there has been no announcement from GTC. In fact there is a very large investment from gov for Inverness.

If you’re talking about the excitement behind the initial share price rise on the H2 announcement, that has nothing to do with government. That’s just investors getting excited before the reality.

Perhaps you have found out that Shoreham and Inverness had firm plans that GTC never announced, which have now been messed up by government policy.

I’m all ears.

yump
16/10/2023
09:18
The reality is that the government have lost interest in Hydrogen and they made that U turn months ago In the same way they are watering down net zero Labour have made it clear that they will reverse that policy change.Nothing to do with my politics. Just facts. It's easy to blame the company for a decision that a lot of people bought in to when H2G was formed.Sorry if that is an inconvenient to hear.
32campomar
16/10/2023
08:31
Nothing to do with government, unless you’re a rampant Labour supporter, in which case everything is the Tories fault.

H2 Green has no assets of value - just some vague agreements about development, which would require funds at some point to own something of value and that will still be the case whatever party is in power.

Thats the reality.

yump
16/10/2023
08:18
For gtc, hydrogen was and is a fairytale.
book5
13/10/2023
15:31
Not working because of the governments hopeless lack of direction. If Labour get in, it will be back.No cost implication going forward so it's effectively moth balled which is very sensible under the circumstances.
32campomar
13/10/2023
15:27
From the Proactive video:

"...did a pivot into the Green Hydrogen industry... that's not working"

So H2Green a dead duck. Hopefully no financial obligations at all.

yump
12/10/2023
22:50
Anyone go to the proactive investors forum this evening ?
workingfromhome
11/10/2023
07:17
Everything with this company is spin, been going round in circles with Kitson House for nearly five years now, be better off the place burning down and collecting the insurance!
bookbroker
10/10/2023
22:47
The Geothermal pool is the smallest of the three pools, and it is also very shallow. Photos are deceptive.
book5
10/10/2023
16:48
I swam in that geothermal swimming pool this summer.

The well is 400mm deep!!; bringing the water up from that depth and maintaining the equipment is expensive and probably subsidised to attract tourists.
The rest of the town is not using this energy because there are better options than this one; it is probably the worst of all the available energy sources.

All this talk of hydrogen, 1 trillion markets, geothermal, etc, is just spin.

We need large orders with good margins and a director buying; otherwise, I see 5p early next year and sold in 2 years for very little cash.

book5
10/10/2023
13:29
The geothermal potential in Northern Ireland is significant.
playful
09/10/2023
20:00
But voting for the others - assuming you have substantial savings and are a higher rate tax payer would be a bit like a Turkey voting for Christmas.
pugugly
09/10/2023
19:23
I’d be surprised if they’re not elected but stranger things have happened in politics.
battlebus2
09/10/2023
17:49
Ed Milliband has said a labour government will amongst other things invest in Hydrogen - H2G May well come back from the dead next year
32campomar
06/10/2023
21:14
The legendary Ian Cassell sums it up.

A stock drops 25% it's an "opportunity"

Drops 10% more you call CEO to verify the thesis and buy more

Drops 10% more you get annoyed insiders aren't buying

Drops 10% more you sell your stock to the investors that are going to make money on the stock

battlebus2
06/10/2023
13:33
I can’t imagine any news that would shift the share price as it wouldn’t be from the core business - that’s very unlikely to announce a massive contract.

So an H2Green announcement - but also can’t imagine what that could realistically be.

Market no good for floats, even if they could big up nothing much into a credible ipo.

yump
06/10/2023
12:16
ThanksSo he is either not true to his word or he is now deemed an insider. The first is not good The second is very interesting
workingfromhome
06/10/2023
11:58
Jump to 52:30 for your answer but I’ll be removing the link shortly as it’s a subscription service - David would shoot me!
playful
06/10/2023
10:29
What's happened to director buying? A few posters on here suggested that would happen after the results ?
workingfromhome
05/10/2023
17:25
I wonder what GTC's pricing is like, given that in theory they are opening doors to years of profit for companies like Angus. That's the only trouble with semi and fully automated bits of software - they're expected to be cheaper than hiring expert consultants for a month or so.
yump
04/10/2023
20:24
Added a few more today. I believe it’s the lowest price I’ve paid. FWIW the current valuation to me anyway looks a serious bargain if you’ve a decent timeframe to realise those gains.
battlebus2
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