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 Shares Traded Last Trade
  0.00 0.0% 27.00 0.00 07:44:51
Bid Price Offer Price High Price Low Price Open Price
26.00 28.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil Equipment Services & Distribution 6.06 -3.14 -8.22 10
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 27.00 GBX

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Getech (GTC) Discussions and Chat

Getech Forums and Chat

Date Time Title Posts
04/3/202111:44Getech-does anybody care?2,481
16/9/201012:26Dollars Arriving?-

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Getech (GTC) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2021-03-04 15:53:2027.901,000279.00O
2021-03-04 14:30:3826.061,000260.60O
2021-03-04 14:18:0427.901,603447.24O
2021-03-04 13:28:5426.202,000524.00O
2021-03-04 13:23:3226.205,0001,310.00O
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Getech (GTC) Top Chat Posts

Getech Daily Update: Getech Group Plc is listed in the Oil Equipment Services & Distribution sector of the London Stock Exchange with ticker GTC. The last closing price for Getech was 27p.
Getech Group Plc has a 4 week average price of 26p and a 12 week average price of 11p.
The 1 year high share price is 46p while the 1 year low share price is currently 8.25p.
There are currently 37,563,615 shares in issue and the average daily traded volume is 135,588 shares. The market capitalisation of Getech Group Plc is £10,142,176.05.
sturmey: I sold out yesterday. I had held this for almost 2 years and sold for roughly my purchase price of around 29p. It took time and effort to sell 45,000 shares. Having seen the share price recover from a low of about 8p, I was pleasantly surprised by the hydrogen deal and the attention it brought to the company and the share price But I am a sceptic about the hype surrounding hydrogen and the inflated valuations of related companies. I'd rather back oil for the time being!
yump: Shstt Are you done yet ? You have no idea at all about me at all and I’m not interested in you, just GTC. You don’t even seem to be reading what I’ve posted. If you don’t like points I’ve made about GTC, you can carry on with the jibes, or you can produce some reasoning. Entirely up to you. So do you think GTC will morph into an infrastructure business ?
shstt1: Success is not measured by how long you’ve been holding. In your case you hung while it fell for years as their traditional business dried up. My guess is you sold very early cutting your losses and now regret it. Share prices look forward. The board have opened up new markets and changing the business into growth areas Share prices don’t react like accountants. You have an historic accountant view and you don’t have a clue about investing Nice try
yump: I’m fine with just discussing gtc but there is a common behaviour amongst rampers to name call anyone who has a bear point. I made a mild bear point after GTC’s rise and that immediately triggered the names. That doesn’t make a better case for holding the share. So if we can stick to GTC that would be good.
bones: There is a kind of “float off” in the works already with the potential for GTC to acquire H2 Green. My guess is if it does happen and then SGN raises big finance through GTC equity to acquire the gas hubs, GTC plc itself might simply be renamed H2 Green plc, to get with the programme, so to speak. Would not surprise me one bit but I haven’t the first clue what they are doing in practice!
bones: So, it looks like H2 Green was created for this purpose, to be backed by SGN’s multi-millions. Meanwhile, GTC’s director gets “transferred” to H2 Green which can be acquired for peanuts by GTC at its behest. Heavyweight directors are parachuted in to GTC, unlikely to be there to bolster the audit committee, so I guess we are waiting on SGN to make the next move in terms of its surplus gas storage assets....
74tom: @Yump, I've re-read yesterdays RNS a few times before responding, there is so much info in there that we don't need to speculate too much. Key strategic quotes for me are; H2 Green: "Our links to industry and government have been central to us developing the concept and the strategic relationship with Getech" "The exclusive MoU provides a path for the SGN Group to invest in any developments that result from this collaboration, affording both H2 Green and SGN scalable exposure to a high-value network opportunity in an exciting growth market." FACTS SGN Group had £37m on their balance sheet at 31/03/2020 as per companies house accounts. The H2 Green COO Ian Spencer was Head of Economic Policy & Strategy for the Scottish government What I expect to happen; - In the near term we'll build a board that has experience of rapid growth & capital markets. I would not be surprised if an SGN director was appointed either. - Within 3 months I expect we'll have a more detailed plan as to how they are going to convert the 30 gas stations, but this could move faster given the potential ROI. - Once technical specs are nailed down, I believe SGN will invest some of their £37m of cash into Getech / H2 Green collaboration, likely in exchange for equity in GTC, as flagged in the second quote above. Thus they will monetise their land & assets and benefit from appreciation in the GTC share price that will inevitably arrive once everything is confirmed. It's a win win for all parties, which in my opinion makes it much more likely to happen as planned and in a timely manner.
74tom: Ps. on 27/01/20 Powerhouse Energy's share price was 0.78p and it's market cap was £15.5m Today it's share price is 8.85p and market cap £344m It had 2b shares in issue though, whereas here there are only 37m. Where will GTC be in 12 months time? I can't foresee many scenarios where it is lower than today... Edit. Currently NT for even 5k shares.
74tom: LOOP is a terrible company, not sure why you hold there. They misled the market and the share price has been hammered and will likely go down further as their market share is eroded by Zoom etc. Today GTC has jumped into the same pool as ITM, PHE etc etc. PHE has a market cap of £344m based on it's future potential alone - no revenues. GTC is currently valued at 2% of PHE and now effectively has a deal with a national gas provider who owns infrastructure. The increase vs the previous days price is irrelevant - it's what it will be worth in the future that matters. Do you drive your car facing backwards?
yump: Valuation is tricky apart from the fact that gtc having had a nasty few years, only needed a couple of modest contracts to get the share price back into the 20’s. Where it might go after that longer term is anybodys guess.
Getech share price data is direct from the London Stock Exchange
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