Pod Point Share Discussion Threads

[indiestu] 03/12/2024 17:18

Agreed but the purchase was a much larger magnitude and coordinated. Let's see.

[trader465] 03/12/2024 16:49

I bought a few after being stopped out last try, will wait for next update end January to decide whether to add or cut and run.

Director buys are irrelevant, they were buying a year ago at 23p and are now down 43%. The money they buy with is shareholders money, recycled as salaries and bonuses


“Andy Palmer, Chief Executive Officer, purchased 103,000 Ordinary shares of the Company at a price of 23.7 pence per Ordinary share”

[indiestu] 03/12/2024 16:06

They have the undrawn 30 mil credit facility with EDF if they need a buffer. The plan was always to run dry the cash from the IPO to profitability. It's unlikely the PDMR's would have purchased in the market if a fund raise was on the cards.

[trader465] 03/12/2024 09:57

They may need more cash soon, we should have a clearer picture after the January trading update

30-6-23 cash £58m

30-06-24 cash £29m

[indiestu] 02/12/2024 13:14

The CEO and CFO have each purchased 50k worth in the market this morning. PODP could be an easy two year ten bagger considering the current valuation. I'm in for a flutter following this PDMR signal.

[apotheki] 18/11/2024 07:55

250,000 charge point network milestone passed

Pod Point becomes the first charge point operator in the UK to achieve network scale of a quarter of a million chargepoints

Pod Point Group Holdings PLC, a leading provider of Electric Vehicle ("EV") charging solutions in the UK, is pleased to announce its network of Energy Flex enabled chargepoints has now passed the 250,000 milestone, a unique achievement in the UK market.

Largest UK chargepoint network

Pod Point has the largest chargepoint network in the UK, having now passed a quarter of a million units, focused on the Home and Workplace market segments. The vast majority of the network can participate in Energy Flex without any technology upgrades. This makes Pod Point a significant, scale player in both regional and national markets for Energy Flex.

Participating in the Energy Flex market represents a "win-win-win": consumers are rewarded with cheaper and greener charging; partners reduce costs and avoid capex; and Pod Point generates high value recurring revenues.

Progressing towards one million customers

The Group set an ambition of having one million customers by 2030 as part of its "Powering Up" strategy. With its already significant scale in the UK market, achieving the milestone of 250,000 units is an important step on the journey to one million customers.

Melanie Lane, Chief Executive Officer, said:

"Pod Point has a long-established track record of being a leader in the EV charging market. I'm thrilled that we have achieved another first by becoming the first network to have installed over 250,000 units for customers across the UK. We have achieved this with a Trust Pilot score of 4.4, demonstrating our commitment to excellent customer service.

Our growing network size provides us with significant scale and relevance to the Grid and is an important part of our strategy for unlocking high margin recurring revenues for Pod Point."

[flynders] 15/11/2024 08:47

This is what a plane crash looks like.

I don’t see any attempt to turn this around at all.

Time to sell up ?

[indiestu] 07/11/2024 09:56

As momentum gains traction in the EV market it may be time to reassess the investment case for Podpoint.

[j arthur rank] 04/11/2024 23:19

You'd think that with all the cash this lot spent on consultants that the share price would be going up by now. Instead it's dropping like a stonel

[bookbroker] 28/10/2024 15:54

Looks like monthly cash burn driving this to zero.

[indiestu] 11/10/2024 04:59

I thought some may find this link interesting. PODP don't offer this service yet of course but perhaps it is a glimpse into the future and where the partnership with EDF may be heading.

[indiestu] 09/10/2024 15:12

Another row of parking spaces in my local supermarket car park has been designated EV charging only. I think we have had a hiccup in car sales generally due to financing costs. I don't think EV's are dead in the water. If you've owned one you wouldn't go back to ICE. The manufacturers just need to get the costs down to compete with ICE. They are all grumbling about their margins and EV targets but they have to step up and make it work. Are we at the beginning of a new cycle for company cars? I can't imagine any business owners adding ICE to their fleets considering their ESG targets. Is the next leg for green investments about to begin? Let's see if these guys can make any money.

[j arthur rank] 04/10/2024 13:45

The EV market is a bit of a disaster area at the moment. Used EVs are very cheap and buyers are going back to petrol/diesel.My personal opinion is that this Company will struggle to make money as things stand.As I say, just my opinion. I'm no expert!

[bookbroker] 26/9/2024 14:10

And time this wretched Govt. started to support purchase of EV’s, otherwise why are we pursuing a greener agenda.

[bookbroker] 24/9/2024 09:38

Gross mismanagement of financial resources in the past, utter disgrace that this company can trash shareholder value on such a scale. Been better off just handing the cash back to shareholders quite honestly. Business model totally unrealistic!

[bookbroker] 23/9/2024 18:39

This company looks like it is going all the way to zero, why are they still burning cash, should be conserving it. I just do not see why the management have not looked to consolidate the charging side of the business with other players, electric right now is i. trouble.

[indiestu] 18/9/2024 10:56

Those revenues are piddling yes but it is the growth we should consider. The 2024 revenues are from the DSO market.From the recent RNS. The Group has entered 60,000 chargepoints into the Capacity Market, commencing on 1 October 2024, delivering 65MW of Energy Flex capacity.I have no idea how to calculate the revenues possible from this market but you could hazard a guess that energy flex revenues in 2025 will grow exponentially. So likely into the millions FY 2025.The great thing about these revenues are they will be high margin and recurring. I am beginning to understand better the companies future strategy and will enjoy watching this play out.

[trader465] 11/9/2024 14:47

That 200k isn’t going to make much of a dent in the 29m loss

[soho2] 11/9/2024 06:37

Guidance of £500000 vs original guidance of £300000.... Let s see what Mr market has to say !

[trader465] 11/9/2024 06:25

Time to get back in?

“Pod Point Group Holdings PLC, a leading provider of Electric Vehicle ("EV") charging solutions in the UK, is pleased to announce its entry into the Capacity Market, further building the momentum of its Energy Flex business. With the additional revenues from Q4 2024, the Group is upgrading its Energy Flex revenue guidance to around £500,000 for FY24”

[bookbroker] 10/9/2024 10:25

Not sure why they should be burning cash, the new model was to align the business to demand, so there should be significant cash retained, not frittering it as though there is no tomorrow. Understand there are costs with the transition, but they seem excessive.