Invinity Energy Systems Share Discussion Threads

[davemac3] 06/9/2024 06:29

The longest revenue warning I’ve ever seen. Seems like they didn’t anticipate or plan for a change of government in the UK.

[columbarius] 06/9/2024 06:17

"expects H1 2024 revenues to be circa £1.6m"

Sounds a bit wooly given it's over 2 months since the end of H1. Can the FD not add up? The profit warning is no surprise and it's interesting that they're already worried about the profitability of Mistral. I give them zero chance of achieving breakeven by 2026.

[sammy58lse] 05/9/2024 04:40

Lead balloon

[owenski] 04/9/2024 14:02

Cheers, greenmachine2, just trying to see reality from the hype and always keep the figures in view.

I like the company and hope they do well, but there are credibility issues here and as said, I'm not in any rush to buy this.

Meanwhile, as expected, price heading lower, cheap always gets cheaper.

[sammy58lse] 04/9/2024 13:58

Dropping like a lead balloon now haha ! ha

[marktime1231] 04/9/2024 11:38

The share price being punished as a result, a new low today.

Am I tempted to double down in anticipation of good news? No. Let us hear what they have to say first.

[mikemine1] 04/9/2024 11:21

A RNS on 11th May 2021 announced the, what became known later as Mistral, project. It was anticipated that it would take about 2 years to get to commercialisation. By my reckoning they are currently 16 months behind on a 2 year project. No wonder the share price is where it is.

[owenski] 04/9/2024 08:08

Wouldn't be surprised if this heads a lot lower. Not an encouraging chart.

[owenski] 03/9/2024 13:41

If memory serves me, it is well over a year ago since the LODES - UK announcement, and yet still waiting for anything to happen, tend to question how important these projects are. Zulch tends to massage investor expectations, reality not quite in sync.

[sammy58lse] 03/9/2024 08:07

Rather buy a chocolate teapot than any shares here! Much less risk haha

[megaman2] 03/9/2024 06:30

The delay in mistral is crucifying the Cash ..you can understand why customers are waiting for mistral and not wanting to contract in case of further delays they have business to run and there are alternatives...would be no surprise if there are no contracts this year...

If you are a potential customer you can see invinity has a history of huge delays a culture which is accepted by ceo & board you are not going to commit Cash flow planning & time etc until you know it can be delivered on time.companies dont work on maybes for multi million$ purchases.

[theoldtrader] 03/9/2024 05:30

Although sodium-ion batteries do not require as many of our planet's limited resources, they currently release more greenhouse gases during production than an equivalent energy's worth of lithium-ion batteries.

The Article is based on International Energy Agency which by the way has not included Vanandium in there reports since 2020.

Vanandium storage itself it not as big as Lithium Storage Batteries. Invinity Energy Systems still needs to produce results. That is contract wins or some evidence of its pipeline.

Till then the share price will probably drift.

[megaman2] 03/9/2024 05:27

With redflow in administratiin invinity may well step in and license with australian vanadium

[cerrito] 02/9/2024 22:41

The Economist has a big article on battery storage. Sodium-ion battery factories mentioned as an alternative to Lithium and even nickel-hydrogen but no mention pf vanadium.

[sammy58lse] 02/9/2024 13:54

Watch and learn puppy!

[guppygould] 02/9/2024 12:34

I have never seen one, but lead balloons would fall pretty quickly I imagine. 0.25 of a penny (or -1.2%) in the session so far is trickling down. Bombastic claims such as a huge change being underway are not useful for anybody in my opinion. I'm not being pedantic here. Yes, the fall from ~200p a couple of years ago was absolutely enormous. but to state that another 90% drop is coming to ~2p is just sensationalist. I can't be bothered looking it up, but I suggest that the 6 month average is probably ~25p. Yes, -18% from that is significant, but to state that it will fall heavily from here might be a bit overblown.

Happy to be proved wrong as always.

[sammy58lse] 02/9/2024 11:51

Dropping like a lead balloon haha

[mikemine1] 02/9/2024 10:52

I was expecting Mistral in Q1.We are now in Q3.

[wilmer100] 01/9/2024 19:57

https://youtu.be/pVsTiXIG5U8?si=lI_Xu6y7ivrPCJWmInteresting.

[vatnabrekk] 01/9/2024 08:20

Renewable Energy Foundation figures show 62 per cent of Viking’s output [in Shetland] has had to be discarded in its first month.

[vatnabrekk] 01/9/2024 07:02

Maybe everyone is waiting for Mistral to be released?
When are we expecting that to happen now?