Member Info for Beaford1

There’s only one thing worse (for the ITM share price) than having Ed Miliband as SOS for Energy and Net Zero…

Suspect this is the reason for the share price retreat: uncertainty.

Miliband defies Starmer over cuts to fund defence

https://www.telegraph.co.uk/business/2026/06/10/miliband-defies-starmer-over-cuts-to-fund-defence/

Https://www.geopura.com/case-studies/bbc-springwatch/

No mention of GB Energy stake in ITM…. Obviously not a mate of Ed’s…. There’s only one thing worse than being talked about…. Let’s hope political interference is for once a force for good for ITM holders but it remains to be seen…. We must see things as they are and not be blinkered by a dreamscape… GLA.

Peter Kyle: State to take ‘aggressive’ stakes in UK firms

https://www.thetimes.com/article/5b7a8eb4-3f3e-4051-a2e2-21ecf7416028?shareToken=fa0bbb244a7b6fd5e8ed975d7291ab9a

I mean…. QED 👋

“The market knows this” ?

And the share price…?

The share price is the market…

Sorry, thought this was a forum, my mistake. Enjoy life in your echo chamber.

As for the creepy “4 year break” comment… with replies like yours it might well be another 4 years…

I have approx 500k shares accrued since ITM was all but a penny stock and I retain a belief in the company (as you will know from having read my post so carefully) but I worry about the downside of government intervention (my prerogative which you are free to agree or disagree with) and am unsure yesterday’s news was the hum dinger others assume.

I have 500000 reasons to hope my caution is unwarranted but let’s try and be civil shall we….?

One other concern I have about yesterday’s news…. And I say this as an already long term (very long term…) holder…. Is that there may be a whiff of government intervention…. Which is the flip side to the positive GB Energy involvement…. I’m old enough to remember similar interventions by similar coloured governments in many other industries and it didn’t end well… for anyone involved least of all private shareholders.

I want it to be different this time…. I believe it probably will be or else I would sell…. But yesterday’s news without solid orders has clearly been perceived negatively by the market and I fear they may be onto something….

I want to like this news…. But I am concerned it might reflect or at least be perceived as reflecting an acceptance of a sales problem which might not be resolved with a new partnership but will in any event come with a management integration headache and possible corporate distraction and dilution…

Or it might work perfectly with imminent sales news.

Either way I can unfortunately see why the market reaction is one of caution.

JCB and family….

https://www.telegraph.co.uk/business/2022/08/31/andrex-maker-power-toilet-paper-factory-hydrogen-gas-prices/

Startup’s Hydrogen Breakthrough May Give New Life to Coal Plants
https://www.bloomberg.com/news/articles/2022-08-18/australian-lab-turns-hydrogen-into-green-energy-with-secret-catalyst

Let’s hope it’s over £4 before a bid comes in and then the premium will be more interesting…
For those with a decent capital gain here the lack of dividend in the years ahead is a pain. The advantage of a takeover, if transacted for shares, is most oil majors pay a decent dividend…
All speculation of course, but that’s what we are doing here.

GC on Twitter:
https://twitter.com/drgrahamcooley/status/1552974957910556674?s=21&t=9iRzh1e6EbNBIE-1UH6eNQ

https://www.telegraph.co.uk/business/2022/07/24/hydrogen-refuelling-station-open-british-motorway/

https://www.gov.uk/government/news/hydrogen-champion-appointed-as-government-accelerates-uk-hydrogen-investment

https://www.telegraph.co.uk/business/2022/06/30/hydrogen-powered-electric-trucks-made-britain/

Unhelpful….
Miracle Fuel Hydrogen Can Actually Make Climate Change Worse
https://www.bloomberg.com/news/features/2022-05-31/hydrogen-fuel-investments-could-risk-making-global-warming-worse

Billionaire Eyes Washington’s Last Coal Plant for Green Hydrogen
https://www.bloomberg.com/news/articles/2022-05-13/an-australian-billionaire-is-eyeing-a-us-coal-site-to-make-green-hydrogen

Hydrogen Is Every U.S. Gas Utility’s Favorite Future Savior
https://www.bloomberg.com/news/articles/2022-05-02/will-hydrogen-save-u-s-natural-gas-utilities-investors-certainly-hope-so

U.S. Earmarks $504 Million to Back World’s Largest Hydrogen Hub
https://www.bloomberg.com/news/articles/2022-04-26/u-s-earmarks-504-million-to-back-world-s-largest-hydrogen-hub