4D·

Should you buy Irish Energy now - or is a correction imminent?

Hello everyone,

I am currently looking at the Irish Energy share and am wondering whether now is a good time to get in. The share price has done quite well in recent months, which of course speaks in favor of the company. At the same time, the question remains as to whether the valuation is now a little too high and whether we might soon see a correction.

What I find particularly exciting is that $IREN (+10,03%) is benefiting from rising energy prices and is increasingly investing in renewable energies. This seems forward-looking and could offer long-term opportunities. On the other hand, you never know to what extent such positive factors are already priced into the share price.

Of my total €10,400, I have around €600 in a savings plan, which is just under 6% of my total investment. This fits in well with my core-satellite strategy and at the same time loosens up my more tech-heavy lumps a little.

I would be interested to know what you think of the situation: Is Irish Energy still a buy at current levels, or would it be better to wait and speculate on a possible correction for now?

I look forward to your opinions!

@Multibagger
@Tenbagger2024

Best regards

🚀

5 Comentários

I think my opinion on $IREN is well known. I used the setback to increase the position by 40% thanks to Morgan Stanley.

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Johannes@Johannes1993

@Multibagger ditto, have increased by 20 to 150 pieces. If it goes down again, more will be added 😍

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Tenbagger2024@Tenbagger2024

🤷🏻🤷🏻🔮
https://www.boerse-express.com/news/articles/iris-energy-aktie-absturz-nach-jpmorgan-schock-829185

IREN Ltd [AU0000185993] Roth Capital confirms Buy rating and raises price target from USD 35 to an impressive USD 82 (94% upside) Analyst Darren Aftahi justifies this move with the company's recent announcement that the number of GPUs ordered has doubled again - to 23,000 units. This underlines IREN's ambitious plans to establish itself as a leading provider of AI cloud infrastructure. The aim is to make recurring annual investments of more than USD 500 million in the expansion of the infrastructure.

My dear, I really can't tell you. A P/E ratio of 50 is already sporty, as is the P/E ratio of 20.

The chart is already a bit of a flagpole. Maybe it will be the Cologne Cathedral

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Stephan K.@StrahlemannLP

That depends on the extent to which you trust the company management to manage the transition to an IT service provider. The current good figures are largely dependent on Bitcoin. This is a single risk that could threaten Iris Energy as such if this leg breaks off the balance sheet for whatever reason.

So that leaves HPC workloads, which Iris hopes to bring into its data centers and then charge for. The business model as such is quite old and if Iris can manage to make it worthwhile for them to do the computing, then this is definitely a business model with a future.

If not, then Iris still has the role of a takeover candidate...if I were you, I would join in if you can go along with all this and pay very close attention to what the company management implements over the next few years from what they have planned.

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Marc@MoneyMarc

Yes I love $IREN

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