Member Info for DavidPM

I don’t often post here but the news yesterday emanating from Yara and the 25 MW electrolyser being used to produce ammonia for fertiliser is the tip of the iceberg for ITM. In retrospect, the shares got massively hyped 2/3 years ago when they hit £7. Unlike Nvidia which has seen sales and profits surge in a short timeframe leading to a massive return for shareholders over just 18 months, ITM will see massive growth but it will just take longer. However the business is now approaching an inflexion point and the turn around in the share price is likely to be dramatic aided by the still massive short positions held by some institutions.

The UK has just banned the Copper SB car charger due to security issues. Probably a read across from that.

A long time since I have posted. Hopefully most early investors took money off the table on the way up to 700p. At their current level they stand just above the cash value and although the industrial use of PEM electrolysers at large scale has been delayed we now have a better idea of which companies will be the winners and losers. Under the highly skilled guidance of Dennis it looks like ITM will be one of the former so there is plenty of upside from here.

I could not agree more. Now a lot of small traders have been carried out the shares look set for a massive recovery. Short sellers are also having to cover their positions as it becomes clear that the awful events in Ukraine can only accelerate the growth of green hydrogen and ITM are in the box seat to benefit. Watch out for a raft of new orders in the coming months as the company follow Linde around the world spreading the news that “green” is now cheaper than “grey” and “blue”.

For what it is worth I agree wholeheartedly with Seaangler. No problem with some reliance on Linde re orders. Latter had results yesterday and spent a lot of time in investor call talking about hydrogen and the fact they see huge demand for electrolysers in the next few years. ITM in right place at right time and the only thing stopping the shares rising significantly from here is a market crash which temporarily takes out broth stocks or a takeover. GLA

If not taken out the shares will hit news highs in coming months. This is the start of the Green Hydrogen Revolution and ITM are at the front and centre of the queue. Just a personal view and not a recommendation.

Due to the recent Snam deal, imminent factory opening, validation of PEM electrolysis as the game changer for the truly “green” hydrogen revolution and recent shareholder dilution I have regrettably been forced to raise my medium to long term price target to £14. Happy Christmas to all.

Just got significantly closer. Think of it as the Tesla of hydrogen. Fantastic news.

The simple message re the shares is that the rest of the investment community has finally caught up with what you bloggers have always believed. This is a multi billion business. Relax and enjoy the ride.

Demand for LIDCO’s monitors, particularly LIDCORapid will be surging on the back of COVID19 and not just in the U.K. Expect the shares to trike from here and doubt company will remain independent for long. They make the best kit.

I couldn’t resist a second ever message. The Linde deal completely changed the goalposts at a time when the world is waking up to the fact that the use of hydrogen for both green energy and equally importantly energy storage is the only realistic way to avoid environmental catastrophe. ITM is in the right place at the right time and those of you who have been patient ever since Jim Heathcote first introduced the company to investors claiming a “reinvention of the wheel” 15 years ago are now being rewarded. By all means take some profits but the spikes in the past were when the company had no products and it was all “jam tomorrow “. This is very different. If you want to buy an oil stock there are hundreds out there. Hydrogen virtually none and ITM happens to be the best or at least Linde think so. Before the latter took a stake I thought £10 a share was still some years away. One can forget that now. Think of how many tech stocks have hit multi billion market caps in the last 20 years, some on the back of just an idea and with no sales. It might sound crazy but in three years £10 might look very cheap!! Good luck everyone.

First message on this one. Followed company for ten years. Long term target price always been £10. Assuming no bid (shareholders would block any approach) we will now get there. Today’s news is the most important in ITM’s history. Management has had a lot of criticism in recent years but their expertise has been vital in securing the support of one of the biggest players in the Hydrogen economy. As investors look at this space in the coming months there will be no better small to mid cap option open to them. This my friends is it.