Getech Share Discussion Threads

[book5] 15/12/2023 08:36:31

People buy GTC when they read social media news.
Perhaps somone from the inside has been spreading well-designed social media rumours to help others sell at higher prices
Learning is expensive, but it is never too late.
Directors are getting their salaries but don't buy any shares.

[dan_the_epic] 15/12/2023 08:14:45

Would you give an order to Getech when you can see the company share price chart that seems to be heading into the abyss?

Would you be prompt on paying them if you did place an order?

[babbler] 15/12/2023 08:08:44

Ouch. Chasers from yesterday now hurting. But seems quite over sold now... If they deliver on promises.

[32campomar] 15/12/2023 07:42:59

Disappointing but still up to 4.4 million in revenues & break even 2024

[battlebus2] 15/12/2023 07:40:20

Dan you’ll find that order book will increase significantly over the next 12/18 months.

[bookbroker] 15/12/2023 07:31:58

Likely be too late, that H2Green flight of fancy was what drained this company dry, admittedly they raised capital at the time, but paying the partners there was a desperate act, and the bandits at H2Green should be taken to task along with Paton. This company should have stuck to its original business model, but embarking on risky follies to grow its product base have left it high and dry. Capital offerings and dilution of its equity have screwed it, remember not long ago when it was a pound a share before Exprodat, etc.

[dan_the_epic] 15/12/2023 07:26:20

signs of life aka order book nearly -20% lol

[battlebus2] 15/12/2023 07:25:22

Yes not a great RNS but signs of life in new markets.

[book5] 15/12/2023 07:21:22

rns out

Facts:
revenue down
Order book down

Spin: great opportunities ahead

[dan_the_epic] 15/12/2023 07:18:12

Fat profit warning. New lows today beckon

[yump] 14/12/2023 23:40:30

Can we have the leak option please ;-)

[workingfromhome] 14/12/2023 21:24:46

In my experience the rise today is either 1) Short covering from a hugely oversold position 2) Day traders buying with technical levels signalling buyOr3) News about to be announced. This is the leaky ship AIM after all. I guess we will soon find out

[yump] 14/12/2023 16:01:14

I’m not saying when I bought mine.

[book5] 14/12/2023 15:36:02

I bought my shares much higher
Gla

[battlebus2] 14/12/2023 13:23:49

Well I’m happy to see these higher, hopefully it holds as it’s helped my portfolio to positive territory YTD.

[yump] 14/12/2023 13:14:29

Well I hope they can get back to that core business and expand it. It was a healthy business until O&G exploration tanked.

[32campomar] 14/12/2023 12:49:20

Investing is a form of gambling and always a Risk. But I still believe, speaking as a qualified geophysicist, that what Getech have is hugely valuable as the world races towards a green future and most investors just don't realise it. Yet. It's just up to them to get the message out and sell it.

[yump] 14/12/2023 12:00:41

I think its way early to congratulate people who have a book loss of 50%+.

In fact 'well done' is often used where its actually pure luck that someone has made a good choice.

This will just be bottom pickers, or someone has wind of some announcement or the bit of tweeting and news has done it.

There is absolutely no way any serious growth stock investors would buy this at the moment - it would just be gambling.

It doesn't help to have a news blackout on Inverness and Shoreham. Are they dead ? Is there residual value that GTC is going to attempt to sell ? Or were they just projects where GTC expended money and energy with no known or expected realistic return ?

Kitchen sink the damn things NOW !

[32campomar] 14/12/2023 11:07:51

Seems like the share price has at last turned the corner.Ultimately at some point there is no one left to sell & rebounds can be sharp.If this is a turning point, well done to all those that held on (or like me continued to add) - it's not been a pleasant experience. The small company bear market has been relentless.

[32campomar] 13/12/2023 15:15:27

There is no reason why we can't have a trading update - it's 3 months since we heard anything.Richard Bennett's stated aim was break even by the year end so he should know now if that's achieved or not. It's a big deal as it means any future contract wins and we are in profit.

[yump] 13/12/2023 15:10:05

Quite right too.

Investing on the basis of an announcement that someone is doing some research somewhere and the business has bought a good website name and there’s a nice looking project plan, is what’s caused the skepticism about GTC in the first place.

(That all works a treat in a raging bull market or bubble, but we are miles from that market and probably will be for some time. Except possibly in crypto where it looks like the first spot funds might appear next year).

[tbrian318] 13/12/2023 14:29:45

I would assume the absence of an RNS is evidence these are forward investments with no immediate tangible value. Seems the Board has taken to reserving using the RNS for only material contract announcements.

[battlebus2] 13/12/2023 13:03:56

Agree. If it’s market worthy.

[32campomar] 13/12/2023 13:00:52

More good news todayhttps://twitter.com/getechplc/status/1734831726575177772?s=46There's so many positive things going on at the company, it seems they are content to publicise it all on social media. For me, that's not good enough and it's about time that they started communicating properly with shareholders. Not everyone uses social media.

[book5] 12/12/2023 14:50:40

It mentions GTC, but we don't know our fees. It may be a self-financed desk study.
This has potential, and it is the reason why I invested here.

The industry probably needs support to search for white hydrogen (government tax breaks, EU grants, or philanthropists).

We need an RNS given details of new contracts for the share price to rise.