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. |
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. |
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! |
And time this wretched Govt. started to support purchase of EV’s, otherwise why are we pursuing a greener agenda. |
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! |
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. |
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. |
That 200k isn’t going to make much of a dent in the 29m loss |
Guidance of £500000 vs original guidance of £300000.... Let s see what Mr market has to say ! |
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” |
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. |
A comment a while ago stated the market cap was equal to the £75m cash. My thoughts were the market cap will fall along with cash. It seems to have been the correct view. Since then the market cap has fallen with the falling cash levels.
When/if this turns the upside maybe exponential, but if they continue to burn cash the price will continue to fall.
IMO there’s no point buying podpoint until the cash starts rising. When or if is the question. |
Closing cash fell £29.8m in the last six months to just £29m. If they repeat this disaster over the next six months they will need a cash raise by end of year |
I’ve been stopped out twice here. Waiting for it to turn on news and buy on the way up if it happens
The reverse of an 89% loss is a 809% gain |
Is it worth buying???? |
still watching this but not buying yet |
Currently, this ranks as one of my top 5 worst investments in over 30 years of trading.
I have broken all my rules with this one. I kept convincing myself that because of the millions being invested in EV infrastructure, PODP had to turn at some point. Thus, I went 40,50,60% down.
It then gets to the stage where is seems not worth selling. Hello, I'm now 89% down.
Thankfully, it was never a massive holding. So, it ain't gonna bankrupt me.
But what is the likelihood of it turning ? |
(in the unlikely event please no one buy this if they are doing so because they think I have bought - I have not bought ANY).... I did not like the incredibly high cash burn rate. |
I'm trying to work out if this stock is a NETNET
eg its (CURRENT Assets + CASH) - ALL LIABILITIIES is greater than its
market cap?
Does anyone know?
Is this worth a wild punt? |
Pod Point (PODP) Capital Markets Event - July 2024
Pod Point, a leading provider of electric vehicle charging solutions in the UK, hosted a Capital Markets Event on the 10th July 2024. Management presented a deep dive into Pod Point’s Energy Flex business and its opportunities.
Watch the video here:
Or listen to the podcast here: |
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