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Hi Seaangler,
Yep Cap xx is in my fantasy stock team too. Nevermind the IP infringement cases, once the Murata machines are fully operational and the costs of such are fully absorbed this company is a money-making certainty IMV. The tech itself is set to revolutionise IoT etc and they just keep on innovating. Very bullish about their prospects especially now Biden has signed a $34bn executive order to protect chip manufacturers from China's green eyes. PCBs need capacitors as well as chips. Just have to be patient; sigh.
Agree 100% Hedy, in fact I usually stay away from the Board when the SP retraces, which will inevitably happen over time, to avoid reading negative statements. I also am a LTH with faith that hydrogen is the long term answer, that it is a massive market and companies like ITM have a brilliant future. The recent Daimler announcement about laying off thousands of workers who will no longer (through natural wastage etc) be needed because EV cars are much simpler and easier to produce and maintain removing thousands of parts from assembly, shows the shift in the automotive industry; this type of transition will take place across the entire industrial landscape skin to a science fiction novel and ITM will be one of the companies at the fore-front of this change.
Lfclfc5,
I've been a bit disappointed with some of the comments recently - reminded me of Facebook after Brexit!
I also used to work in the Energy sector, in a coal fired power station. Each summer, two of the four units would have their annual maintenance, whilst the other two generated, mainly for peak demand. With more renewables, generation patterns began to change and the last two summers before I left the station was eerily quiet - no generation. Staff got excited if an unit was going to run....and there was big money to be made for keeping an unit on standby. I already had a small portfolio in an ISA, mainly household names/safe.stocks and used to read the Interactive Investor boards regularly (I think I may recognise a few of the monikers on this LSE board) . I read an article about ITM in one of the Engineering magazines at the station shortly before I took redundancy (25% of the workforce went). My firstt AIM punt was IGAS. £500 investment now worth about £10!. Got a couple of others worth diddly too. I just had a gut feeling about ITM, and invested a chunk of redundancy money. Can't remember if it was all at once, but I invested £10k averaging 40p a share. Now, as a carer for my Mum (with Parkinsons) and a small business owner (currently closed due to lockdown), I am lucky to earn that much in a year! I have sold some.of my original holding, with some going into other hydrogen stocks and other tech stocks that have had a battering recently. Covid hasn't helped my "safe" stocks either, but my ISA is still in good shape - around ten years old I think.
Those long term holders that say don't worry when it drops have so far been right, but you have to trust your instincts and do your own research (DYOR).
Good luck!
Like vindaloo trading sometimes requires very high immunity to pain.
Cuomo Announces Plug Power to Invest $290 Million.
https://www.governor.ny.gov/news/governor-cuomo-announces-plug-power-invest-290-million-new-hydrogen-fuel-production-facility
Okay so Toneman has put his neck out there , so yep PHE and EQT are in my stable too but in a limited way. Same for maybe CPX? Different neck of the woods but great potential. It depends how much you can put on the table but don’t forget the bread and butter stuff , dividend payers etc. These newbie companies are the most exciting but do tend to drop like the after effects of a dodgy vindaloo. Not much fun at the time.
Nice insight Lfclfc5 and interesting to hear your story. I'd be surprised if anyone ever feels like they've cracked it. I've had some absolute howlers in my time and I suspect everyone else has too. That seems inevitable since we don't have a crystal ball. And there are so many ways a good story turns bad.
Finding hydrogen only 4 years ago is the luckiest break I've ever had. It meant I didn't have to wait 10+ years through the doldrums like some here, but even so I was willing to wait 10+ more years for it to come good as it seemed the only plausible large-scale solution to get us to net zero for 2050. Largely I thank Greta Thunberg for forcing the politicians to get onboard as without policy change I'm pretty sure I'd still be waiting along with everyone else.
It's conceivable that the hydrogen story can still fail from here, but without the crystal ball I've no idea what events would lead to that. So I'm hopeful that sticking with ITM (and others) as a long term strategy will play out in my favour despite the odd stock price setback and the volatility we're seeing right now.
The only '12p' stock I'd suggest you investigate is Powerhouse Energy (PHE), the waste to hydrogen business (or EQT as an alternative). Beware though, it could go big or it could go bust. It's an interesting proposition, but whether it's right to just be a licensing company I don't know. And there have been a lot of questionable equity issuing in the recent months.
Thanks seangler for the wise words . The podcast below was very interesting from an industry viewpoint. Dr Graham C came across very well. Often value is in the individual too.
Definitely a good volatility play Lfclfc5 but there’s always that risk of being out when good news lands. I guess some on here would recommend a few other H2 plays but I wouldn’t want to stick my neck out just at the moment. There’s a lot of talk about 12p buy ins and the implied smugness of those buyers. What these critics fail to realise is that that 12p occurred when the bottom fell out. Many of us were in at much higher prices but then averaged down over the years. I guess some may have made the perfect play but most have been through a lot of pain yet stayed committed to the vision. End of history lesson , good luck and definitely try not to panic.
Mmmmm. Some handbags out tonight on the forum.
Well....my story. I am a relatively new investor in shares despite my age. Very naive too. I fell on itm by accident only about 3 months ago. It's been a strange and volatile ride to date.
I've worked in the blue collar sales side of energy since 1984 and know how sentiment led it is since privatisation in 1990. Lets have some competition they said to the 16 elec companies and so we now have a big 6.....5 of which are French German and Spannish owned. I'm very cynical about an industry that now shoots out energy bills that are 61% levies and system charges and 39% electricity! Soon to be worse following the transmission review and forthcoming bandings, even down to domestic level.
I like reading between the lines here, gaining advice and knowledge. My portfolio is 30% down since Nov mainly due to inexperience and panic! I do think itm will easily treble in the next 7 years. Yes i would love to be able to say I was clever enough to have done my research and been in at 12p ... I wasn't. I hope to make some friends on here, learn , and research and make my own decisions a little more wiser than I have to date.
Advice always welcome....to stop me panicking as I did the other day when itm fell. Today was Fain strange but I managed to sell out high and rebuy in low . So a win for once.
My intention is to keep doing this. Stay in the share long term but maximising on the volatility along the way . Is this a good plan? Anyone got any other 12p potential flyers lol?
Looking forward to the journey.