I might AVG down with this news then that’s great and least it’s going into some houses contracts, I Have seen one getting fitted up the road near me
but I’m not feeling the 10 year hold tho ![]()
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How about five years?
Nothing else to do why not
should get my AVG down by then haha
Oh dear
Wow! That was a very short honeymoon period!
Hanging in there for the medium term - this tech is still in its infancy.
I personally hope that they sink after the way they treated investors,weeks away from being able to claim EIS and they sold out to EDF
Counting down for selling all of the mine in this stock.
What the hell happened at the end of the day?
Can’t see any news relating to this. 50% down over the past month. That sucks. Is it even worth averaging down at this stage?
Hell most certainly happened
I think they are still a good bet for 3-5. That said I will give it a few weeks before I decide on wether to average or just hold.
It’s really not that big of a deal.
Their net cash is as much as the market value.
Hold, sell or buy? I’m thinking of buying more at 33p currently. I know the CEO uncertainty and forecasted losses for the next couple of years isn’t great but they have a healthy balance sheet so have enough working capital to ride this tough climate. And with electric car market due to explode (which it will), it has been delayed due to cost of living and infrastructure it’s due to come good in the long term…no?
I’m inclined to give them PODP the benefit of the doubt given the market conditions. I also appreciate them getting the less than favourable news as early as possible.
I don’t expect PODP will lead the charging market in UK. Tesla or other company in US will eventually take over it. Look the amazing success in EV industry in US.
Whilst we are no longer in the EU, interesting to note as a sign of the trajectory of PODPs market. With the hope that PODP remain in it.
Personally i believe that Pod Point will be fine as at the moment it has good cash reserves, yes there are some big dips at the moment but don’t forget the car industry has been through a turbulent time recently which has a effect on Pod Points business.
We had the pandemic, supply chain issue’s & energy crisis and cost of living crisis and the business relies on electric cars and most consumers will only be able to afford the really cheap ones like the MG4 EV which only a couple of months ago had a 12 month waitlist.
I think once other cheaper rivals arrive like Dacia early next year and providing electricity prices start coming down we will see more take up of electric cars which will be more positive.
Also the one advantage with pod point is the design of their chargers and they are easy to use and compact which is why they are popular.
However the bit that worries me is that there are a number of companies trying to come in to this market so at some point it will get crowded and I think we will see some businesses go under, some get taken over and some leading the pack, I am just not 100% sure which category pod point will be in.
According to its statement today , this company is dying. Please don’t say it would remain strong after 3 or 5 years and become the giant in EV charging industry in UK. By that time, other rising competitors have divided the marke or even take over it.Plus, since UK government is not as strong as its EU counterpart to stop monopoly, companies from foreign countries may easily take over the UK market.
In short, I’m out of this company despite some loss.
No one knows it’s just as baseless to say they are screwed to say they will be explode. It’s advantage it’s the UK market leader and have working capital/healthy balance sheet. Yes it’s a crowded market but they have gotten this far. The decisions made within the next year will be vital and how there partnerships they have set up perform, as well as how the resources they have are used. Either way finger’s crossed I’m keeping hold of my shares to see what happens in the long-term