Ilika Share Discussion Threads

[phil2003] 07/1/2021 19:15

It’s widely acknowledged that Greed and Fear drives market fluctuations and poor old RogK (self professed “Long term holder”) sold out @ £1.20 and is kicking himself for it.. Anyone who’s even skimmed a chartist’s book (I’ve spent 20 years staring at stock & forex charts) can see the bullish flag forming here, giving us a 67% to 73% chance of the next move (around results) being violently upwards. As of today RogK has his arm outstretched and thinks he can get back onboard around where he sold out... As of next week (Probability dictates) the share price will be a mere spec on the horizon, sat in the passenger seat of a Ferrari with RogK choking on it’s exhaust fumes (and waving his fist). Keep your chin up :0)

[mauricemonkey] 07/1/2021 19:12

Ok, so happy to be schooled that the Goliath batteries will be useable in other applications. One thing worth remembering is that Goliath isn’t being developed by IKA on their own, they have several automotive partners, who, if anything like the Toyota partnership, will jointly hold rights to any technical developments.

[horneblower] 07/1/2021 19:04

A rose by any other name would smell as sweet.

[shstt1] 07/1/2021 19:00

The sad truth is that a couple of weeks ago Rogk was “ramping”; this as much as he could (as if he thought what he types here is gonna make a difference lol) and has deleted those posts. For someone who has spent seven yrs here, to sell on 22/12 was probably his worst ever decision . Maybe Rog’d would be more appropriate name. My advice to you rog, accept your decision and move on. Don’t let the bitterness you exhibit consume you. You wanted the price to rise and you sold to someone who might have been influenced by your typed word (might have been me lol) so don’t be bitter (you have given someone else much joy), move on or Your immune system will weaken and it’s not a good time for that to happen mate. Since you started today the price just rose again 10% ( rose? )

[horneblower] 07/1/2021 18:41

Hmm. I don't think they dare put it out for testing...not because it may not work, but because the IP is not protected imo. Stereax seems to have IP protection but it is just so damn tiny.

[robertspc1] 07/1/2021 18:39

Have listened to the CEO in numerous interviews over the last 18 months or so. He has always said consumer electronics applications for Goliath will come before EV's. Makes sense, builds on Stereax experience and much quicker to get mfr approvals etc than for EV's. CEO is cautious guy and won't get carried away by the EV hype. IKA remains a long term play on medtech, consumer electronics and then potentially EV'sthen

[supernumerary] 07/1/2021 18:37

I think they have to invest in Stereax because no-one else will. They used to say someone else would do the production, but it's not worked out like that, so Ilika is having to pay. They could abandon Stereax, but presumably they've got some potential customers lined up, so expect to have at least some sales from the outset. And it would send out a dreadful message to the market, so I think we can safely assume it won't happen. If they can make Goliath, they can make and sell it in portable devices long before they can in cars, but it's been quite a while since they even mentioned such applications. It doesn't happen by accident - they need to find a partner, get a spec, start building the device, put it to real-world test. A lot of that can happen before the battery is finally working, but I see no sign of it. I don't think the present share price reflects the risk here, but that's only my opinion; clearly others disagree :)

[horneblower] 07/1/2021 18:08

super, I don't think they are sidelining anything. If Goliath works, it will work at many sizes, including hairdriers. But does Goliath work? The spike in the share price gives no information as it is pure speculation. It may rocket further but until we get some (any) info from the company it is all based on hot air. The fact that they chose to put most of their funding towards Stereax rather than Goliath might be a clue?

[supernumerary] 07/1/2021 17:32

I sort of see the theory, but it seems to me it would be easier to make one battery for a handset or hair dryer than to make a hundred or more for a car. It's also a lot easier to get it to market - putting a major component in a car is years of work. Given that there are markets for both, why not start with the easier task?

[mauricemonkey] 07/1/2021 17:00

One assumes they can only do so much with the resources to hand. Get the Stearax production line up and running, keep working with automotive partners on Goliath and then circle back to intermediate applications as human resource gains bandwidth and (hopefully) cash is generated to pay for further R&D.

[supernumerary] 07/1/2021 15:30

The intermediate level batteries for phones, cameras, hand tools etc seem to have disappeared completely, apart from some legacy photos on the website. As I understand it they were planning to use a small form factor Goliath for such applications. Has anyone heard more about this development, or has it been shelved in favour of automotive?

[duwendag] 07/1/2021 15:19

You are wrong I will.

[tp5588] 07/1/2021 15:16

We enjoyed 2 whole days of this thread being positive (with the added bonus of witnessing R getting dry bummed). The increase in share price isn’t due to any ramping. The share is now known to a greater audience & EV & other green energy projects are now big investment areas. The interest in these is growing by the day.. but you already know this. I could write a book refuting just about every negative comment that has been made here - Simply by stating common-sense points and drawing on clear statements the company has repeatedly made. Can’t be bothered though & I don’t actually think negative posters believe what they themselves write. If you’ve sold out, be happy with your profit. A bit of dignity & good wishes to those who remain… too much to ask for?

[duwendag] 07/1/2021 15:15

You are wrong I will.

[duwendag] 07/1/2021 14:50

Horneblower, Hopefully we will know more next week.

[duwendag] 07/1/2021 14:44

Rogk, Ive been heavily invested in Ilika since 15,12,2014, I also went to their Investor open day last year, Im not trying to ramp up the price but Im very happy where it is, I have emailed Ilika regarding Goliath patents, so stick that in your pipe!

[horneblower] 07/1/2021 14:37

Rogk, Yes and as far as I can find out, IKA has said nothing of consequence regarding Goliath for about a year now, but I might have missed something! They have become more and more secretive. Their website gets glossier but has less info on it. Sadly, my conclusion is they have not cracked the problems with Goliath, particularly with dendrites. Secrecy is all very well but to me it raises suspicion. They really need to show some practical results on Goliath...even if it is work in progress.

[horneblower] 07/1/2021 14:25

duw...We know that. It's about Stereax. Anything specific to Goliath?

[duwendag] 07/1/2021 14:22

I think this covers it but I may contact the Co to verify it. Building Ilika's intellectual property portfolio in solid-state batteries has continued to be a focus this year. Ilika believes its patents ring fence and protect critical IP to avoid competitors working around a single patent. Ilika now maintains a portfolio of 15 patent families in solid-state batteries, of which three are jointly owned with Toyota. This portfolio includes 20 granted patents.

[horneblower] 07/1/2021 13:38

duwendag: That's for Stereax: a completely different process and only suitable for tiny, low-power batteries. What we need is is any patents around Goliath. Can you find any?

[duwendag] 07/1/2021 13:28

Plus on the 8th Oct 2019 from Share Cast mag. The AIM-traded firm said that over the past two years, it had seen “substantial progress” in the prosecution of that aspect of its patent portfolio at the patent offices of China, Korea, Japan, the United States, and Europe. As a result, three of its patent families were said to be “significantly stronger”, with eight related filings going to grant and notices of allowance being issued for a further four. It said those patent filings protected the methods used to make its thin-film solid-state Stereax cells. The Stereax roadmap began with miniature batteries designed to meet the demands of powering wireless devices, and had since been extended to include large format cells for automotive. “Protecting Ilika's know-how relating to solid-state batteries is key to our ability to grow our business,” said Ilika chief executive officer Graeme Purdy. “We take this very seriously and employ a vice-president of intellectual property, who is seconded to the company from an international firm of patent lawyers to manage this process for us. “This strategy is validated by the continued stream of granted patents reinforcing our position.”

[duwendag] 07/1/2021 13:19

Rogk, what's this then. Ilika announces that two of its British patent applications, jointly filed with Toyota Motor Company on 21st July 2011, were formally granted on 23rd April 2014.These two patents cover the vapour deposition processes used in producing solid state batteries directly from the elements. They therefore represent a key part of the family of patents and pending applications that cover the complete methodology for producing stacked solid-state cell batteries, a world first and key technological breakthrough on the road to commercial solidstate devices, announced by the Company on 9th January 2014. These particular joint filings resulted from collaborative work undertaken by Ilika and Toyota, which commenced in 2008.