Getech Share Discussion Threads

[book5] 20/12/2023 09:05

You are the one who has to stop ramping this and supporting daydreamers.
Still, you have been averaging down and inciting others to do the same

[32campomar] 20/12/2023 08:58

Give it a rest

[book5] 20/12/2023 08:51

Any technological company with IP announces it to the market. However, GTC has not claimed via RNS that they have a valuable IP.

On the mineral resource front, they have nothing “special”;. A worldwide database taken from publicly available information is worthless.

Still, you are failing to describe what IP they have.

From the Companies House description, they are researching and experimenting:

72190 - Other research and experimental development on natural sciences and engineering

[yump] 19/12/2023 21:39

Book5

Are you incapable of understanding that GTC don’t have to have a patent in order to have IP which has value ?

A patent is a form of IP.
IP does not necessarily mean a patent.

This is O-level maths. Sets, subsets, intersecting circles representing them to show which ones overlap, which ones are separate, which ones are inside another one. The pictorial representations so that youngsters understand.

I’ll try again: GTC can have something to offer (IP) that is not a patent.

It seems GTC are very unlikely to have something patentable - as I already explained. But they may well have IP.

You think they have nothing because they would have patented it.

No they wouldn’t, if it wasn’t a patentable invention. But that doesn’t mean they have nothing, which is what you claim.

Are you posting just to waste my tine or do you enjoy looking daft ?

Patents are a subset of IP. Not having a patent doesn’t mean they lack IP.

You may believe they have nothing, but not patenting anything is not evidence that they have nothing.

If you think it is evidence that they have nothing, then you are simply wrong in that assumption. It is an illogical conclusion resulting from an error in your thinking.

[32campomar] 19/12/2023 15:03

Once again the UK being left behind https://www.hydrogeninsight.com/policy/nearly-9bn-france-unveils-plan-for-6-5gw-of-low-carbon-electrolytic-hydrogen-by-2030-in-draft-update-of-national-h2-strategy/2-1-1573875But a change of government next year will make a big difference and I expect hydrogen and hence GTC's projects to come back from the dead.

[book5] 17/12/2023 20:52

Yump
U said to me
“You’ve made an assumption that GTC have nothing special to offer.”
Then you said:
“The chances of GTC patenting anything is imo zero.”

My point was that GTc has nothing special to offer because it does not have a patent
It seems you agree with me.

You contradict yourself. It would help if you were honest with yourself. You should explain what GTC has to offer that is “special.̶1;

U divert the discussion by making personal attacks

I said before this would go to 5p, and I was right
This will reach to 3.5p during 2024

[yump] 17/12/2023 14:16

You said GTC would patent something valuable if they had it and yet you clearly don’t understand the difference between patents and IP rights.

You keep changing the points you’re making, so there’s no point in entering into any debate with you.

You make your assumptions and I’ll make mine.

Be nice if you based them on facts and actually read what I have posted properly.

I did not say that GTC amortised anything. I clearly made a general point about IP amortisation to try to explain to you how IP can have a value that is nothing to do with a patent.

The chances of GTC patenting anything is imo zero, unless they have a fancy drilling machine with some AI hydrogen detecting computer attached to it.

[book5] 17/12/2023 08:53

Company house:

Nature of business (SIC)

09100 - Support activities for petroleum and natural gas extraction
72190 - Other research and experimental development on natural sciences and engineering

[book5] 17/12/2023 00:14

Yump

You refer to “amortisation in accounts.” OK, please tell us what value GTC gives to any “IP” we may own in the balance sheet, and what is its annual amortisation? The latest annual accounts show 2.9 million intangible assets, but since then, GTC has closed the hydrogen business unit.

What type of IP do we own? A patent, trademark, copyright, trade secret, or combination. Is it only applicable to O&G?

We own software that the market does not find very valuable, and the evidence is in our market cap.

[battlebus2] 16/12/2023 20:11

We maybe down but we aren’t out. We have new markets to focus on with cost savings to filter through. This could be a great business in time. They just need to stay fully focused.

[book5] 16/12/2023 06:30

I was not planning to post for a while, yet you challenged me
If GTC had something unique and valuable, it would patent it, and the market would be knocking at its door to invest millions, if not billions, to develop the technology.
Facts are: we don't have much capital left, we can't raise more cash at a reasonable price, we need to downsize and cut costs and sell property to pay the bills.

Best wishes

- AIM is worse than eBay, careful.

[yump] 15/12/2023 14:27

Book5

You’ve got a GTC price list then ?

Don’t know what your motive is but you seem to be making things up with no evidence.

GTC’s original business was doing fine until O&G exploration tanked. Nothing to do with pricing. Nothing to do with local preference. Nothing known about whether GTC are losing out to competitors.

Even if it was the latter, for a business as small as GTC’s, the market is big enough to get a decent share.

You’ve made an assumption that GTC have nothing special to offer. That isn’t borne out by their previous O&G success or the current order book.

Fair enough if you just don’t believe any of it.

[benny shares] 15/12/2023 11:32

Take a look at Baron Oil, a sleeping giant

[book5] 15/12/2023 09:06

The company is spinning again half-truths.
I worked in the mining industry forces while. In Africa, companies must procure local services where possible.
GTC is far too expensive to compete with local companies.
There are very few places where there are no local geotechnical engineers

I will not post more for a while
Have a good break

[book5] 15/12/2023 08:36

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

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

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

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

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

[battlebus2] 15/12/2023 07:40

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

[bookbroker] 15/12/2023 07:31

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

signs of life aka order book nearly -20% lol

[battlebus2] 15/12/2023 07:25

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