Invinity Energy Systems Share Discussion Threads

[robertspc1] 18/12/2023 07:34

Be interesting to see the reaction here. Probably a short lived bounce. Getting the cash clearly imperative but running things so tight again has seriously hurt shareholders. The Board needs a serious shake up but that will only happen if Schroders force it

[wheeze] 18/12/2023 07:13

Oh and they also mention...

the Company currently anticipates having sufficient cash resources into H2 2024.

[wheeze] 18/12/2023 07:10

The Company confirms that it expects to recognise a minimum total income of GBP21.6m for 2023, a 500% increase on the prior year, and therefore deliver financial results broadly in line with expectations for the full year.

To date, Invinity has announced funding for almost 100 MWh of orders for Mistral and expects to announce further orders in due course.

The Company's pipeline continues to grow with opportunities to deploy nearly 6 GWh of Invinity batteries currently in various stages of commercial discussions.
During the second half of 2023, management has been impressed by the increase in volume and scale of opportunities which have entered into the Qualified segment of the Company's pipeline.

[chester3] 18/12/2023 07:09

Invinity is well underway in the difficult but promising transition from a development-stage company, to making significant revenue, to a profitable company with class-leading products."

[hope1815] 17/12/2023 18:04

With a little time on my hands and a spot of reading, I looked at how Vanadium Energy Storage could be in the near future.

Are vanadium batteries the future?

Based on water, virtually fireproof, easy to recycle, and cheap at scale, vanadium flow batteries could be the wave of the future. Huang 2022.

The problem- Vanadium redox flow batteries (VRFBs) can effectively solve the intermittent renewable energy issues and gradually become the most attractive candidate for large-scale stationary energy storage. However, their low energy density and high cost still bring challenges to the widespread use of VRFBs. For this reason, performance improvement and cost reduction of VRFBs are the keys to their commercialization and large-scale energy storage applications. ABS Publications

The principle based on bringing this to market is Core Component Material, System modeling, Operational Optimization, and Business Challenge.

Within the sector, Energy Storage has mainly been around the model of Lithium Storage to supply but through study that model has had some problems. With an ever-growing decarbonization, Energy Storage is fast becoming a new frontier.

China recently introduced Vanadium Storage on a larger scale with 2 of the biggest facilities so far. They said it illustrates China's thinking of moving away from Lithium to more long-term storage to tackle demand.

Invinity Energy Systems has developed the Vanadium Storage codename, Mistral. They intend to launch the product to Commercialization in 2024. Mistral has been co-developed with Siemens.

Invinity Energy Systems in the short term has had problems with Funding. It recently did a Fund Issue in 2023 which should see it through to April 2024. The company 2023 has announced Funding projects in the USA, UK, Australia, South Korea, and Taiwan. These have been with Partners like Taiwan.

Mistral seems to have tackled the 4 principles mentioned earlier in bringing it to market. China has shown how Vanadium can be scaled to cater for Electrical Grind.

Vanadium Storage has a future. Invinity Energy Systems' market model is built on long-term Royalty revenue from projects it will set up. The projects that have been announced are large Funding Projects. These would have a time scale of 10 to 20 years to run.

Invinity Energy Systems has a product, it depends on whether the Board is capable of Delivering or will someone else take over and push it through.

[owenski] 17/12/2023 10:07

Still waiting for the partnering on the LODES project are they not, talk about glacial. It's OK announcing these gov. contracts including the US ones, but this needs regular money coming in at decent margin for it to be a proper business and this is just not happening, as this is also a heavy upfront capital business it just adds to the unattractive nature of IES as an investment.

Businesses that still suck cash out of the market are really not in favour.

This will likely improve when Mistral is launched, but even then how the finances will work remains to be seen.

As said, no rush to buy in here, I'd rather buy in at a higher price with clarity over it's finances than gamble.

Feel sorry for those who bought this at 150 but the signs were always clear enough.

[purchaseatthetop] 16/12/2023 22:01

The price drops when more holders want to sell than potential holders want to buy. It’s that simple. Right now and until funding is sorted, there are few reasons to want to buy. This tech is needed snd will be part of the green future but will present shareholders share the value?

[owenski] 16/12/2023 20:57

Who ever they get to stump up for the company will want a chunk in return, so it looks like more dilution on the cards, and they wont be making money for a couple of years. Whatever they're currently selling at whatever size of order earns no profit, any mention of 'margin' is likely a technical one at best.

As said before, I'd suggest they'll need funding for well over another year and more, they're relying on Mistral to pay the bills here.

[gbcol] 16/12/2023 20:15

Well wheeze in case you were referring to me, I’ve got well over 1/2 million shares acquired at considerably higher than the current pathetic SP, so reckon that gives me a right to have a bit of negativity after years of being positive and hopeful.

[paulsavannah] 16/12/2023 19:39

The excuse the MMs are dropping the price to shake the tree to drop weak holders is an excuse that takes me to the fair. I have been hearing that for 30 years for different companies and even when the company has went bust and long since gone people still believe that nonsense. I remember back in the day posters saying that about Marconi and even when it was circling the drain, people still believed it.

[hope1815] 16/12/2023 14:23

The negative is a common attribute these days, Human Psychology feeds off it. On IES am positive on the long-term outlook.

The share price has fallen to the ratio of buy to seller common sense. The volume of the buys to sell s says a story since 1 December 2023

Buy Sell
1/12/23 71,357 50,093
4/12/23 30,257 11,354
5/12/23 35,483 2,807
6/7/23 52,442 14,383
7/12/23 880 4,329
8/12/23 3 41,055
11/12/23 168 25,667
12/12/23 91 88,776
13/12/23 46 1 10,352
14/12/23 60,581 85,956
15/12/23 61,935 185,499

The fall from 29.50 to 26.75 is around 9% this month so far. The pattern has been repeated a few times over the past 16 months. The lack of buying showed before a Fundrise, RNS of contracts, and partner announcements. Repeating stuff on THE BOARDS Equity, money running out, lack of news, ETC is not going to make people feel better.

On the other hand, we know IES has a pipeline of orders, Mistral becoming Commerical next year, good partners around the world, Institutional Investors have not sold(46%), and insiders still hold.

Let's just wait for news on the contracts, Investments, etc. There is not much people can do on the boards other than WAIT.

[gbcol] 16/12/2023 13:41

I agree with that megaman2. There are many times when the share price is adversely affected by external matters but in my view this significant fall over last 2-3 months is largely self-inflicted. They were very clear, and repeated it often, that we would be getting a number of further orders this quarter including more pilots, that they were in advanced talks with strategic investors, that DOE contracts would be signed - all this quarter! All we’ve got in last few months is some PR guff of some unknown politician visits and a 1.1MWh order. Pathetic.

My posts have be bullish to very bullish on Invinity for years but they have not delivered this year and the share price reflects that. Yes, 2024 will probably be transformational and we will all be happy bunnies but as it stands today, they are failing to back up their words.

When JV was signed with SG in 2021, part of that deal was to offer SG up to 10% of company at 175p a share. That was also the price of a recent fund raise at that time.

175p! Just over 2 years ago. Now we can’t keep share price over 30p. Anyone that doesn’t think there is cause for negativity needs to give their head a rattle.

[megaman2] 16/12/2023 12:52

The negative posters ..
The market makers ..
Tough times..
The markets ...

Or could it be the company ..
You can read any of these boards which have poor performing share prices and see the same above excuses ..I'm only surprised we haven't had someone claim it's the shorters fault or mysterious big powers ...

The aim 3 month market chart is up c15 % ...the markets just isn't true USA hitting highs ftse not far off. What gets me about these boards you write something negative that's true and you get slammed ..then you have people writing obvious positive mistruths which tend to get accepted or even applauded....blame what you like for the share price but it is what it is ...imo it's not the markets .

[columbarius] 16/12/2023 12:02

“Don't lose faith - I have every expectation these will rerate in the New Year”
From what price? 10p?

[wheeze] 16/12/2023 10:35

Too much negativity. These are tough times and nobody's spending. That being said renewables have had a boost with cop28 and I cannot see renewables progressing without storage. MMs taking the opportunity to mark the price down to shake out weak holders. Don't lose faith - I have every expectation these will rerate in the New Year

[vatnabrekk] 15/12/2023 18:24

That's it GBCol, look on the bright side!

[gbcol] 15/12/2023 18:01

Let’s not forget that when these short term warrants were originally issued in 2021 the exercise price was £1.50, which they obviously thought was viable at the time. So they subsequently slashed the exercise price to a third of the original, which has still turned out to be double where it needed to be to get any serious interest.

I would argue there is reasonble cause for negativity with the share price a tenth of where it was not long after the merger.

They may still pull something out of the hat in the remaining days of 2023 but looking doubtful. Probably just going to keep schtum and start again in January. At least I can’t lose as much value on these shares in 2024 as I lost this year :(

[ivyhedge] 15/12/2023 16:56

rather dissapointed in Invinity. Nothing said. If it wasnt for AFC/ITM I would be having a bad week. I believe they cannot change the 50p warrents without a company vote? Rather a wasted chance for the future. This is the worst ive seen since the early REDT days. Think they will need to say something by Monday...but perhaps they went on holday a bit early, somewhere without communications.

[brucie5] 15/12/2023 09:35

All interesting and thanks for the link to the VSA. In the meantime IES chart looks set for revisit of 20p, in absence of any news.
I don't currently hold.

[robertspc1] 15/12/2023 09:12

Another issue here is that the CFO acknowledged recently that any strategic investment would likely be at or close to the prevailing share price. That might have been ok when it was 50p but it's now nearly halved.

[megaman2] 15/12/2023 05:42

The problem is hope is that the company said the contracts would be concluded by year end . Still time left . I don't think with government contracts ies will go bust it's just the annual dilution that grates and is permanently damaging the potential here. The CEO likes to boast about it to which reveals his priorities . Ies where getting diluted anyway with the warrants just that was at 50 p now who knows.

The broker has always been very optimistic about ies comparing it to early days of arm. They do do very well every year facilitating the fund raise ...great recurring fees.

Anyway a proper invested partner now or buyout imminently is looking the most probable outcome . Surely after we can mimic the share price performance last year and go higher. At least back to 50 p anyway. it can move very quick.

[robertspc1] 14/12/2023 22:39

Monkey picked IES as his stock for 2023 and how did that work out. He's definitely trying hard to get $$$ investment into IES. As said previously, a takeover is very possible here but after 10 years and massive losses I threw the towel in a few weeks ago. Just don't trust management and that is number one rule of investing

[hope1815] 14/12/2023 20:18

Hi GBCol information on the sites

Battery Project Sites:
1. Iowa: Meswaki Indian Settlement in Tama County
2. Iowa: Waterville in Allamakee County
3. Maryland: Smith Island and Virginia: Tangier Island
4. North Carolina: Hamlet Plant Power Station in Hamlet
5. South Carolina: Blair Hamlet in Fairfield County

NRCO is doing the contracts with the DOE and Invinity Energy Systems. I know people feel news should have been forthcoming including me. With some research, I note it probably takes a bit more time. With large contracts and the time frame, these will run a period of up to 10 years. It is understandable that IES does not want to be tied in on a loss-making contract on running Energy Storage. The announcement with DOE is a large amount of investment. Patience is required I think for the announcements of the contracts. As there may be additional timelines and upgrades to consider. Contracts can take time and in the September 2023 announcement, it seems probable the contracts will take longer.

On listening VSA Capital Podcast you are correct that Andrew Monk will not mention anything due to confidentiality. I did like his 3 picks IES was mentioned first but was not his preferred for 2024.

On the share price again I shall say wait 12 months, Institutional Investors are around 46% only group that seems to be moving is the General Public. With Private Investor's historical sense, they do not have a long-term view but a short ONE.. This is probably in the volumes traded recently that P.I are selling.

On the dilution issue, it depends on the view. There are a few thoughts on how people can view this, share holders may be hit on their recent holdings and feel cheated. Another view is that if the share price medium term to long term goes up the dilution becomes problematic. It is best not to speculate on what may happen but just have patience.

Future Funding is locked in the USA etc, Mistral 2024 coming online, and with a lot of reports on Energy Storage past month, IES positioned to benefit from Energy Storage expansion, Buying or selling in any company is a gamble. Invinity Energy Systems probably will be bought out. Once the contracts are announced and Mistral product is shown off.

September 2023 Lockheed Martin and AltaLink (Berkshire Hathaway) funding in similart projects.

The question will Invinity Energy Systems be around in 12 months? Is it an opportunity to invest in a sector that seems to be entering a growth period in Energy Storage? There are a lot of companies and mergers are beginning to happen in the last 12 months within the sector.