Member Info for E_AL

It’s already priced in, hence the massive drop in LSE and across all global indices since last week

They are loading up on the cheap while they can before CWR climbs back up ;)

# Trades 875

Vol. Sold 114,276
Sold Value £587,682.00

Vol. Bought 184,139
Bought Value £949,997.08

Are we expecting UK retail update for May at some point this morning?

We’ll see some recovery back to above 23p in half an hour when the US market opens

“US. stock futures rose Tuesday, as the market tried to claw back some of Monday’s steep declines that pushed the S&P 500 back into bear market territory. Traders also looked ahead to a key monetary policy announcement from the Federal Reserve later in the week.”

Dow Jones Industrial Average futures rose 142 points, or 0.5%. S&P 500 and Nasdaq 100 futures climbed 0.6% and 0.9%, respectively.

https://www.cnbc.com/amp/2022/06/13/stock-market-futures-open-to-close-news.html

US. stock futures rose Tuesday, as the market tried to claw back some of Monday’s steep declines that pushed the S&P 500 back into bear market territory. Traders also looked ahead to a key monetary policy announcement from the Federal Reserve later in the week.

Dow Jones Industrial Average futures rose 142 points, or 0.5%. S&P 500 and Nasdaq 100 futures climbed 0.6% and 0.9%, respectively.

https://www.cnbc.com/amp/2022/06/13/stock-market-futures-open-to-close-news.html

US. stock futures rose Tuesday, as the market tried to claw back some of Monday’s steep declines that pushed the S&P 500 back into bear market territory. Traders also looked ahead to a key monetary policy announcement from the Federal Reserve later in the week.

Dow Jones Industrial Average futures rose 142 points, or 0.5%. S&P 500 and Nasdaq 100 futures climbed 0.6% and 0.9%, respectively.

https://www.cnbc.com/amp/2022/06/13/stock-market-futures-open-to-close-news.html

European indices futures are up this morning so i think we’ll see some recovery today

JPMorgan updated ITM rating this morning and it still got ITM overweight & at almost double today's sp:

cuts ITM Power price target to 420 (470) pence - 'overweight'

The sp just hit the 200 MA @228 on the weekly chart which suppose to be a good support. We should see some recovery from here shortly

Looking at UK, EU & US markets, I think today’s ITM drop was overdone due to global indices sell off & we shall see some recovery in the early morning.

For example today’s FTSE 100 heat map:

Companies:
UP 8.0%
UNCHANGED 0.0%
DOWN 92.0%

UK Green energy companies:
ITM -18.21%
CWR -11.77%
AFC -7.64%

US Green companies:

Plug -8.74%
FCEL -6.63%
BLDP -6.04%

I believe it will. The sp is currently at 10yrs low and looking at the 10yrs share price chart ASC always bounces back up hard from these levels (2011, 2014 & 2020)

well done mate. It’s an artificial sp drop and we’ll witness a bounce back up shortly:

# Trades 1,596
Vol. Sold 89,918
Sold Value £1,329,767.57
Vol. Bought 104,983
Bought Value £1,550,963.20

"Asos is close to appointing a new chief executive following Nick Beighton’s departure last year.

The online fast fashion retailer is lining up current chief commercial officer José Antonio Ramos Calamonte, a former exec at Zara-owner Inditex, for the top job, according to the Sunday Times."

# Trades 597

Vol. Sold 1,416,391
Sold Value £362,479.11

Vol. Bought 2,927,559
Bought Value £749,466

he quantity of goods bought in Great Britain rose by 1.4% in April, following a fall of 1.2% in March, the Office for National Statistics (ONS) reported. This is better than the 0.2% fall economists had expected.

The increase was driven by strong supermarket sales, while clothing also performed well as consumers spent a bit more ahead of summer holidays and weddings.

“Clothing sales had a strong month, especially online, with some retailers suggesting consumers were purchasing clothes for summer holidays and weddings,” she added.

Non-store retailing sales volumes, which are predominantly sales from online-only retailers, rose by 3.7% led by stronger clothing sales.

https://uk.news.yahoo.com/uk-retail-sales-rise-despite-inflation-073155139.html

# Trades 425

Vol. Sold 1,220,274
Sold Value £290,053.66

Vol. Bought 1,720,565
Bought Value £409,876.62

“ ABB says the microgrid solution is also designed for expandability and can be coupled with a fuel cell and BESS to provide back up power, which could one day replace diesel generators.

At the same time, it allows back up power generators to operate in parallel with the energy storage and possible on-site renewable generation.

ABB says it has completed the proof of concept for a new solution in partnership with AFC Energy, using an ammonia-based fuel cell and the latest power conversion technologies.

It says this solution is more energy-dense than typical hydrogen solutions, so just one 20ft tank offers eight days’ running time for a 250kW load. A typical hydrogen tube trailer solution requires 1240ft tanks to match this performance, so ammonia takes up considerably less space on site.”

Are we expecting quarterly results anytime soon?

Wed 18 May 2022 14.24

The EU plans a “massive” increase in solar and wind power, and a short-term boost for coal, to end its reliance on Russian oil and gas as fast as possible.
In a plan outlined on Wednesday, the European Commission said the EU needed to find an extra €210bn (£178bn) over the next five years to pay for phasing out Russian fossil fuels and speeding up the switch to green energy.

The Commission proposed that 45% of the EU’s energy mix should come from renewables by 2030, an advance on the current 40% target suggested less than a year ago. Officials also want to cut energy consumption by 13% by 2030 (compared with 2020), in comparison with the current proposal of a 9% saving.

https://amp.theguardian.com/environment/2022/may/18/eu-plans-massive-increase-in-green-energy-to-rid-itself-of-reliance-on-russia

I don't think its about LTH selling, more of sp manipulation by the divi hunters to load up on the cheap while the market's sentiment is all over the place