Ilika Share Discussion Threads

[phil2003] 23/6/2021 12:25

My holding is worth 75% more today than it was yesterday..
Which is nice

[jimasi] 23/6/2021 11:49

We are printing here... I guess it was walked down for someone to load. The fundamentals around this company has not changed one bit so onward and upward.

[volsung] 23/6/2021 10:51

Nice. Heres hoping wardsi!

[wardsi2005] 23/6/2021 10:06

I'm just waiting for 2025, when Volsung posts that he's topped up a few more at £80.75

[jimasi] 23/6/2021 09:52

But stix1 7 or 8 years ago there was no push for EV, there was no push globally for green energy, there were no coordinated govt initiatives to reduce co2 footprint, there was no push for 5g to build out the new era of iot devices which will flood the market now.. it's all about market timing. They have already said by end of this year the new facility will be ready for increased capacity plus the study with camao which will be about producing the new batteries using existing manufacturing setups at other manufacturers so that licensing can become easy. So we have to wait. This is not the same story as 7 or 8 years ago and for news we have to wait for the 6th of July to get the most recent updates.

[robertspc1] 23/6/2021 09:00

Healthy to see different opinions here. I'm a long term holder but think the management are too cautious and secretive. Hopefully they will understand that more disclosure is required otherwise the volatility will remain. That will make it difficult to raise institutional cash in the future

[stix1] 22/6/2021 16:27

Jimasi, sorry but the same nonsense has been spouted about ilika for the past 7/8 years, You only need to go back through this thread to verify what I'm saying. You might be right in the long term, who knows, but how long have you really got to wait? Is 2030 good for you? How about 2035? Always jam tomorrow. Most depressing is the total lack of any actual visible progress or positive news from the board. Year after year, nada.

[jimasi] 22/6/2021 14:50

And I own the rest.
This is not a short term make money in 3 months stock... it will be rewarding for people who hold for the next 12 to 18 months. PERIOD

the current price will be a laughable matter in that time frame.

[wardsi2005] 22/6/2021 10:40

Volsung must own about 85% of the business by now .....

[volsung] 22/6/2021 10:08

...indeed just bought some more at 118.49p

[stix1] 22/6/2021 10:02

Great opportunity for volsung to average down then horneblower :->

[nw99] 22/6/2021 09:58

Hard to not to see this back at 250 with the technology so good

[horneblower] 22/6/2021 09:46

Hard to see this not going back to 50p where it started before the recent EV battery hype began.
Companies in this sector may survive longer term if they can manoeuvre themselves into the mainstream of whichever tech wins out (whether it's the best or not). Size counts.
With Stereax and Goliath there doesn't appear to any earth-shaking tech.
Goliath relying on using stochastic techniques to find an optimum anode/cathode/electrolyte mix, along with low-tech, silk-screen printing production methods.
The board is doing its best to keep the hype going and using government grants and rights issues to bolster the bank balance. But the lack of any real information regarding the actual technical results from either Goliath or Stereax over the past two years should be a warning imo.

[dartboard1] 21/6/2021 19:33

I'm not dissing it because it's gov grants but some posters were trying to tie it all to pilot sales... and extrapolate from there

[meetoo1] 21/6/2021 18:45

That figures but good to know government is helping the journey.

[jimasi] 21/6/2021 18:45

If you look at an innovative growth company like ilika who are going to burn cash while they churn out new products (aka batteries in different segments) and try to say 'yay' or 'nay' basedn on current revenue growth, then you dont deserve to be I this stock. This is a long term hold stock and the revenue will come next year starting from stereax launch from the new production line. So either you hold and wait or take your money, be short sighted and run Lol

[dartboard1] 21/6/2021 17:23

No. Most of the 2.3m will be government grants, rather than pilot revenue

[robertspc1] 21/6/2021 16:26

No real news, but clearly some investors are exiting ahead of the results etc. Soon be adding a few more to the LT pension pot

[actybod] 21/6/2021 15:15

Back to 105?

[stix1] 21/6/2021 11:46

Welcome to Ilika. The great perennial disappointment. Second only to the England football team.

[phil2003] 21/6/2021 11:38

Disappointing results even allowing for Covid, board need to recognise this and give some clarity on how they’ll reverse the trend that’s forced some insti investors out purely based on allowable investment metrics..

Full year:
* Revenue decreased by 18%
* EBITDA loss increased by 8.5%
* Cash in bank decreased by 44%

Shambles

[volsung] 21/6/2021 11:19

i can't warosi

[meetoo1] 21/6/2021 10:36

Am I right in thinking that revenue from pilot line is £2.3m scale up can produce 70x this if all runs well?

[wardsi2005] 21/6/2021 10:33

Volsung, just stop it.