focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Hi all - its been a nervous few weeks watching the SP fall so sharply, and I hope investors were not scared in to making a loss by panic selling. My perspective on all this is - just remember, only two months ago the SP was where it is now, and was registering an all time high!! Just two months. Share prices rise and fall, and if you believe in this company then long term it will rise more than it falls. Sit through the rough times, dont panic!
I hope you are right Dr, because Ive just topped up by a significant amount in hope that this is one of those rare chances to get in before the news hits!! Now sitting patiently, as I have been for the last 3 years....
This looks like amazing news on the surface, but shouldn't this be communicated in tandem with an RNS pout out by the company? Seems strange that theres nothing from PHE.....
Joker - if you purchased hoping for a quick buck then your timing is probably out. However if you have a longer term plan then I dont think you should worry. This is a volatile period for ITM, they are yet to announce further orders and have just released financials that, on the face of it, dont look great, however lots of pipeline to be won and announced. We also have some 'reporters' suggesting this is a green energy bubble. All of this will put downward pressure on the SP, but before long there will be very positive news and this SP will fly off again, but I think you need to sit for a few months for the benefits.
You could be right, but I wouldn't want to be out of this one. Very likely it will spike up before you know it.
So, unless I am mistaken there is a trading update tomorrow? The drop today has been rather large, and I am of the opinion that these are profit takers protecting their gains before a potentially disappointing set of results.
But here's my take, and its purely speculation based on observations - just two weeks ago ITM announced a sale to Linde of the worlds largest PEM electrolyser. Now, any company worth their salt, and with a decent comms strategy, would wait to put out this information as padding within the trading update if it was to be a generally poor trading update. This would lessen the blow and negative effect on SP and reputation. This leads me to believe that the trading update is actually a good one, and may contain some very positive news.
I could be wrong, but Im going with good news imminent, otherwise Im sure the RNS released just two weeks back would have been held to minimise damage (Aim rules on news release allowing of course) . Im calling a return to mid £7 by the end of the week. Just my own opinion, dont shoot if Im wrong!!!
Im long on ITM, have ridden out many peaks and troughs, and will continue to hold through.
Thank you Dr A, that is a very enlightening response, and it does clear some concerns that I had. Thank you for your time in pursuing this, the reasoning makes sense and I now hope funding can be concluded with a view to completion at year end. Onwards!
P.S. pity about ITM today, perhaps a correction was a little overdue....
Sharehunter - do us all a favour and, with respect, shut up. You sound like a 5 year old. Looking at your profile I see that you have also been spamming the SYME board, and that place is full of the likes of you spouting nonsense and getting all calls completely wrong, we dont need this here thanks. My dear old mum used to say - empty vessels make a lot of noise, perhaps apply that to yourself.....
Dont worry about it, seen this so many times in past 4 years. Just ride the drops and enjoy the inevitable rises. These games are what entice PI's to panic and sell, this may well finish positive today.
Leem - are you in oil stocks by any chance?
36p ???? What planet are you on? Hydrogen is the future, this is only the start mate, this will make many a millionaire, happy days.
Cheetah - your call. But my story is first in with ITM at 20p, within 6 months I was £30K up, then after another few months I was £3k down. That was depressing, but I didnt sell, its now £4.50 and has retraced up to 70% on occasions. Im still in but took a profit to diversify between 5 clean energy companies, all significantly up. I think you've got to hold your nerve, if you believe in something then it could be worth holding. For what its worth I believe in PHE, its the right sector at the right time. But as I said - your call.
Difficult to watch these huge profits dwindling away on a retrace, however trading this one is a risky business, and I believe this one has an excellent future ahead. Dont panic if this drops back down to 5.5p, its still going well in the right direction, hold tight!
In at 0.27, am not selling a single share, this has legs, long ones at that. Not surprised at the pull back, but expect a rally later on and in to next week. Will be a few more pull backs but I think 5p by end 2021 is not unreasonable. Great little company in a great space, at the right time. GLA.
Signed and shared on Twitter and Facebook.
..is a bit of a joke, the over excited people on here need to chill, this share will do NOTHING until substantial and meaningful news is released. Investors should be very careful what they write, I know this board shouldn't be used as a barometer, but there are some inexperienced investors around and they really should be getting accurate and constructive messages, not the 'this will be 300%' crap. Im invested, im hopeful of a rise, but believe me ive seen it all before many times, this will likely be in negative territory by the end of the day and people will have been burnt.
Be careful, wind it in, please.
....on here! Its embarrassing TBH. This company has done NOTHING yet, its all just an idea and speculation, yet people on here are losing their sh*t over a meaningless RNS. Look at the price, I wouldn't be surprised if this finished below 0.5 today. Most on here are either a bit daft or have zero investing acumen. Calm heads and careful analysis needed, not hysterical rubbish over a meaningless RNS.