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Mr Smith more brevity and less of your personal details would be much appreciated by all. A polite request.
Matt Han**** indicates infrastructure projects will need to accelerate to bounce back the economy.
Robinhood - the great thing is the due diligence on a lot of the H2 shares is being done for us by the likes of Linde etc. Once they pass that hurdle the future is very bright for investors now that H2 has got the green light in all sorts of places.
SatellitePro its the best way , there are always leftfield things that catch companies , regions or markets out.
The main point is the whole world is investing in growth, they have to and one main theme is environmental impacts plastics, energy, infrastructure, people movement including transport & relocation of populations v political disagreements and policy.
The big money is coming in to hydrogen now, it reminds me of the early lithium boom which I was lucky to be in and get out of without too much loss as the markets realised getting the best quality was spodumene, but that required huge pockets to create the mines and infrastructure to get the raw or part processed rock mainly to China. The cost did and still do seem prohibative just look at operating mines in Australia. They were all going to be $AS50.00 a share, but it didnt turn out quite how we were all being told.
Hydrogen sector is very much a different thing. Production and up take will just keep going imho as will infrastructure growth.
Knowing when to sell is definitely harder than knowing when to buy. That’s my experience anyway. One thing for sure , it’s virtually impossible to get both timings right. He has made a good profit and that’s the main thing. Mind you , there are ways of staying in and playing the swings either way. It’s still pretty volatile compared to most stocks.
PSmith is conflicted about his decision. Easy to buy, hard to sell. I think he is still trying to come to terms with his decision and is looking for confirmation bias. Does he believe he made the right decision? I don't think he does.
Sorry but I have to agree with Larky.. It’s just endless. Apart from anything else if you believe the SP is heading for £15 in a few years time and you’re worrying about a few pence here or there? Best to stick to the day job. It was a different diatribe when you were in. No offence intended but we don’t need an investment life story. I’ve been here since 2004 and could really bore people....
Some very valid points and I completely see why you've sold. I have done similar but I've kept the majority. I've been burned too many times on AIM before so all the shares I hold are profits but that certainly doesn't mean I want to lose them. If you're confident they'll be 1500 in a few years I'm surprised you didn't at least keep some!?
PSSmith, you keep posting the same decamping rubbish, in your own words you have sold out, therefore stop posting the same deramping rubbish and move on with your life.
Btw my strategy is to diversify in H2 related stocks with ITM as the core holding; I have added Hexagon, Velocys, Linde, Nel, Powercell, Ballard, and Ceres so far. This spreads the risk and provides additional opportunities.
All valid points PS. My take on this though is that in these situations there are always winners and losers. Tourism, hospitality, entertainment is suffering whereas recovery industries such as renewables may benefit from accelerated growth. H2 is possibly the jewel in the crown.
After being a long term holder of five years how can I change my mind so quickly.
Well it all happened after the directors dumped £ 13 million of shares at £ 2.83 and the fact that I was sitting on 2000% profit on 30,000 shares it seemed the right time to crystallise a profit for paper profits are just that.
The market in general spooks me a little at the moment with potentially lot of bad economic data on the horizon.
Being a shop owner I get live info from my own sales data and that of other retailers. It's going to be a dire 12 months and that will fully come to light very soon.
ITM carries substantial profit for long term holders and also very good profit for short term holders and very soon many investors are going to want the security of cash and it will be quick and the markets are going to dive like we have never seen before.
At todays SP ITM now carries a lot of risk for new investors off the back of the last update. ITM has a great forward order book but does not guarantee profit, the company is still burning cash.
I feel the SP at present has got carried away with the hype and may be due a correction when people start to take some profit dictated by general market sentiment.
It's not all bad of course if you can cope with the volotility, I have no doubt in my mind ITM are in the right place at the right time and I do believe we will see the SP achieve 1500p by 2025 . It will have the manufacturing capability to take advantage of a growing green hydrogen requirement of many territories across world.
If was not in the middle of one or the most serious health issues in modern times and still the major uncertainty both of which have the ability to rock the market substantially in the next six months.
I will choose my re-entry point when I feel the market is more settled.
I think todays ITM SP has totally been run by the day traders making a quick in and out profit with the amateurs left lucking some wounds and hoping for a better day tomorrow.
For the moment I feel more secure sitting on cash
Volume well up in early trading with a major buy already noted in a previous post.
Just remember, nothing has changed since the the SP touched 365p
That is what I look for to be worried about a drop like we have seen this week so far.
The directors selling has done nothing to knock confidence bearing in mind they got 283p for them with ease.
The future is the same for Hydrogen as it as ever been and the share price will not only be driven by ITM's future newsflow but that of Hydrogen in general, and there is a lot of news to come including the UK government's own Covid-19 stimulus package yet to be announced which is rumoured to follow suit that of the EU to include a wadge for green projects.
Probably worth knowing that ITM already has a German business, Sales Director and a couple of site engineers.
Linde's key relationship (excl shareholder) is in the larger unit sales.
When you look at the GW capacity that Germany are after its only ITM that could cope with that capacity at the moment.
ITM have good German connections with Linde and also are currently involved with the biggest capacity electrolyzer for the Shell refinery in Germany, coupled with their agreement with Shell to put Hydrogen on their forecourts.
This is fantastic news for ITM and backs up the expenditure on the new factory.
400p is not out of the question in the next few days.
You can expect the UK stimulus package to have a major Hydrogen allowance too.
So what’s on there to make this SP go to 400p today? Don’t get me wrong, I’d love it to but can’t find a reason for a massive jump. Please explain why you expect a 10%+ jump today.
Pandy2 google Linde ITM Power, you'll have your answer.
I wouldn’t think this will not reach 400p today as I don’t see how this news can directly effect our share price that much. Can you please explain PSmith? I’d be happy with it staying level or a slight rise would be nice :)
Good news Wiz grate find well done
Gla
Correction, Linde will get the slice.
Fantastic news. We could see 400p today off the back of this. ITM will get a slice of this for sure.
Looking forward to today
Fantastic news from Germany, don’t forget ITM Linde Electrolysis GmbH is a German company! Let’s hope the rest of the world follows pretty damn quickly! “Germany will cut taxes, hand families €300 in cash for every child and invest €7 billion in hydrogen as the “fuel of the future” after Angela Merkel opened the fiscal flood gates in a €130 billion effort to revive the country’s pandemic-stricken economy.https://www.thetimes.co.uk/article/coronavirus-merkel-gambles-on-recovery-with-a-130bn-green-boost-glt36w82n?shareToken=1245193de254ab67ae930aa6b3e7e497