Getech Share Discussion Threads

[yump] 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.

[32campomar] 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.

[yump] 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.

[book5] 16/10/2023 08:18

For gtc, hydrogen was and is a fairytale.

[32campomar] 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.

[yump] 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.

[workingfromhome] 12/10/2023 22:50

Anyone go to the proactive investors forum this evening ?

[bookbroker] 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!

[book5] 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.

[playful] 10/10/2023 13:29

The geothermal potential in Northern Ireland is significant.

[pugugly] 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.

[battlebus2] 09/10/2023 19:23

I’d be surprised if they’re not elected but stranger things have happened in politics.

[32campomar] 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

[battlebus2] 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

[yump] 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.

[workingfromhome] 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

[playful] 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!

[workingfromhome] 06/10/2023 10:29

What's happened to director buying? A few posters on here suggested that would happen after the results ?

[yump] 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.

[battlebus2] 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.

[greenman11] 02/10/2023 08:01

Looks like getech have been working on a geothermal project with Angus energy

[pugugly] 30/9/2023 16:49

Begs these questions amongst others.
Was this survey put out to public tender? If not why not?
If it was, was GTC aware of it? If not why not?
Did they tender for it? If not why not?

[playful] 30/9/2023 11:13

Not specific to GTC but gives an insight into the geothermal opportunity..

Over half of the top energy consuming NHS sites are located in areas with a very good chance of deep geothermal energy. As the actual energy from geothermal plant is intrinsically free, it is possible to install a very expensive geothermal well, maintain it and then enjoy cheaper, low carbon heat energy for decades, despite paying back the investment. This talk explains the concept and the basis under which the first British Geological survey of NHS sites was conducted.