IKE - IKE GPS Group

[Untamed]

Interesting. Sellers have basically dried up. Only 2 (@0.60). Against 20 buying bids

I would guess that most of last week's sells, were those who got in very cheaply, and saw an opportunity to take some profit. We might see more of that down the track, but in the meantime I reckon it will now be hard to buy.

[Untamed]

Shamelessly "borrowed" from the other place. I don't subscribe to WSJ so can't read the full article, but this is precisely what IKE has been telling us for months. As I said previously, they would have to royally screw up, to not maximise the mammoth opportunity this presents.
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
This news appearing in WSJ 19/7 entitled: Get ready to pay more for electricity: As the grid becomes increasingly unstable, utilities ramp up spending
Two most exciting bits, perhaps:

"Utilities are expected to invest more than $165 billion a year in 2024 and 2025 to make significant upgrades and replacements, according to trade group Edison Electric Institute, more than any year since the group began collecting data. Many utilities are also ramping up spending on routine activities such as maintenance and tree-trimming to reduce outages, and, throughout the West, wildfires caused by fallen power lines."

"Utilities from Michigan to New York and beyond are planning their largest capital investments since World War II as the grid becomes more unstable as a result of age and extreme weather."

[Left Field]

Go IKE! more good news

https://www.nzx.com/announcements/435142

Highlights
 � Expectation for ~NZ$19m platform transaction revenue.
 � Revenues are expected to be delivered and recognised over the next ~36 months.
 � Supporting the delivery of a multi-year fiber and grid resiliency program across the network of a prominent utility in the southwestern United States.
 � The contract begins immediately, from the end of July 2024.
 � Another important step towards targeted EBITDA breakeven and continued high revenue growth.

[Minimoke]

Go IKE! more good news

https://www.nzx.com/announcements/435142

Highlights
 � Expectation for ~NZ$19m platform transaction revenue.
 � Revenues are expected to be delivered and recognised over the next ~36 months.
 � Supporting the delivery of a multi-year fiber and grid resiliency program across the network of a prominent utility in the southwestern United States.
 � The contract begins immediately, from the end of July 2024.
 � Another important step towards targeted EBITDA breakeven and continued high revenue growth.

and no insider trading on this one eh!

Have to say i like the way this company keeps the market informed. Its very good on its regular updates (especially the good news)

I think I am now back in positive territory with this lot. So very pleased with this announcement.

[Untamed]

Go IKE! more good news

https://www.nzx.com/announcements/435142

Highlights
 � Expectation for ~NZ$19m platform transaction revenue.
 � Revenues are expected to be delivered and recognised over the next ~36 months.
 � Supporting the delivery of a multi-year fiber and grid resiliency program across the network of a prominent utility in the southwestern United States.
 � The contract begins immediately, from the end of July 2024.
 � Another important step towards targeted EBITDA breakeven and continued high revenue growth.

Great news! Sitting at $0.65 currently, with only one offer of 66,000 shares. Damn I wish I had the money to buy them 

EDIT: and 26,000 of those gone already (which one of you is buying?   

[Left Field]

Great news! Sitting at $0.65 currently, with only one offer of 66,000 shares. Damn I wish I had the money to buy them 

EDIT: and 26,000 of those gone already (which one of you is buying?   

Guilty as charged..... added more this morning.

Next stop 80c....

[Minimoke]

Time for another pretty picture

You cannot view this attachment.

[Untamed]

Guilty as charged..... added more this morning.

Next stop 80c....

Only offer now is at 87c - and only 2380 of them. Wow.

Congratulations! Well done. I'm so jealous 

(Are you going back to sweep that last offer up?    )

[Minimoke]

Only offer now is at 87c - and only 2380 of them. Wow.

Congratulations! Well done. I'm so jealous 

(Are you going back to sweep that last offer up?    )

Those ones that come in at $0.68/69 didnt last long

[Untamed]

And now, they are in trading halt.

Mmmm ... Sharesies says they are, but I don't see it on the NZX site.

EDIT: may have been a Sharesies issue - open again now.

[Left Field]

For some time IKE has been on the 'risky' side of my otherwise boring/safe portfolio...but feeling vindicated today.

I'm in for the long haul. GLH's. Exciting times ahead.

IKE CEO Glenn Milnes commented, "We are excited to announce this significant product expansion with a longstanding partner, underscoring their confidence in our technology and solutions. This deal will strengthen our platform transaction revenue stream over the next several years, noting that these types of contracts require the customer to deliver network data to IKE and that the timing of associated revenue can vary based on customer execution.
 
 "Fiber build, grid resiliency and grid hardening is a major focus for the 3,000-plus utilities distributing power and commnunications across North America, and we expect this specific market tail wind to continue for the coming two or three decades. IKE's products have been built to drive productivity into the end-to-end deployment and grid resiliency process, and we remain focused on delivering exceptional value and customer experience to these important infrastructure groups."

[Dolcile]

Seems like someone kmew about this before it was announced

[Untamed]

Seems like someone kmew about this before it was announced

What makes you say that?

[Minimoke]

For some time IKE has been on the 'risky' side of my otherwise boring/safe portfolio...but feeling vindicated today.

I'm in for the long haul. GLH's. Exciting times ahead.

IKE CEO Glenn Milnes commented, "We are excited to announce this significant product expansion with a longstanding partner, underscoring their confidence in our technology and solutions. This deal will strengthen our platform transaction revenue stream over the next several years, noting that these types of contracts require the customer to deliver network data to IKE and that the timing of associated revenue can vary based on customer execution.
 
 "Fiber build, grid resiliency and grid hardening is a major focus for the 3,000-plus utilities distributing power and commnunications across North America, and we expect this specific market tail wind to continue for the coming two or three decades. IKE's products have been built to drive productivity into the end-to-end deployment and grid resiliency process, and we remain focused on delivering exceptional value and customer experience to these important infrastructure groups."

It was part of my "risky" portfoloio. and I was ruing after buying in at $0.90. But like you saw this as long term so topped up a few times at $0.45. Have to say today I have a smile on my face. (and thats been a while coming with my portfolio!)

Expecting some profit taking soon to bring SP action back under control..

[Untamed]

For some time IKE has been on the 'risky' side of my otherwise boring/safe portfolio...but feeling vindicated today.

I'm in for the long haul. GLH's. Exciting times ahead.

Me too. Ever since Lorraina (Percy) introduced me to IKE, I have seen the huge potential for success, and felt they were worth taking a chance on. My only regret is not having the ability to have bought more. I have bugger all (only 7000 shares), but better than nothing. So thanks Percy!

Exciting times ahead for sure.