Member Info for Garonne

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Still dreaming of this doing an RR but sadly it seems rather reluctant to oblige despite clear progress towards sustained profitability and increasing FCF!

Always something negative looming in the background.

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UBS putting the boot in with a "sell" recommendation and 370 PT, yet yesterday Deutsche Bank set a 500 PT and a "buy" recommendation! What to believe? Looks like the low UBS valuation is winning but if the US economy booms as it should with lower taxes etc. kicking in in Q1 the north Atlantic route should benefit! Mind you Reeves' potentially disastrous budget is looming! Surely she wouldn't have the stupidity to raise APD further!

You look there are articles about the soon to be insatiable appetite for electricity that the predicted proliferation in data centres will bring and the inability of existing grids to satisfy it. AFC are perfectly placed to be a major provider of electricity for this upcoming AI computing revolution with their one stop shop approach i e. remote on site power using stored ammonia as the energy sink which can be easily delivered to site when required just like fuel oil and the fuel cells to convert the resultant hydrogen into electricity. We just need to hear more from the joint venture trials with our S&P partner to demonstrate that the concept is commercially viable and ready to be marketed. I think we could finally be on the cusp of great success here! 🤞

That's true, What but MRO seems to be getting disproportionately affected! I mean the results were good but the SP hasn't responded at all. Bad timing and all that but even so it's still disappointing. Let's hope Nvidia post good results later or it could be a bloodbath tomorrow such is the fickle nature of the stock market!

Bought back in post results as they looked good. Big regret now! What is going on? So much for £7!

The eternal wait for a commercial breakthrough continues. Dennis is clearly failing to deliver as each day passes without news on financially agreed contracts. Making serious money here remains a pipe dream! I'm beginning to think that AFC now has a better chance of success with its innovative ammonia cracker and fuel cell technology and I never thought I'd say that!

Dennis bought 406 shares at 74p! That'll really inspire investor confidence. Pathetic!

Not sure how the budget affects Pru as it does all it's business outside the UK. Hopefully this continues upwards to fulfill brokers' forecasts of £12 plus!

It's disappointing that we haven't had an update on the proposed and badly needed loan for £1 million from DN. In that context it sounds like a no brainer so why the delay? Maybe part of the loan conditions would be for the BOD to lower their collective remuneration packages! Anyway, hoping for some positive loan news in the very near future, which would get the SP heading northwards again. God knows LTHs here need a change of luck. 🍀

DZ Bank raises fair value for Vodafone to 120 (100) pence - 'buy'

Nice upgrade. Hopefully more to follow. Is VOD finally heading into 3 digit territory? Yesterday's RNS would certainly suggest so. I'm back in here on the basis that the turnaround is clearly gaining momentum. Hopefully 5th time lucky or is it fourth! Lol. Onwards and upwards!

Amazing RNSs are in short supply both here and over at ITM where their CEO must have read Adam Bond's playbook! (he doesn't buy shares for example) CWR is where it's at. Unfortunately, I'm not a holder. Looks like I've backed the wrong horses! C'est la vie! 😔

The Alpha 50 system sounds fantastic but I hope there are customers identified for its deployment as I'm confident it cost many £ millions to develop and build. If it's a case of build if first and the customers will come, then that's highly risky and as there have been no announcements to that effect, it's also worrisome. I have never doubted ITM's expertise and the quality of its world leading products but the lack of sales is now becoming a major concern. Dennis needs to either pull his finger out or tell us the truth!

It's odd these "traders" were not already aware of ITM. Your story sounds a bit fishy, Manyfishes! Would love to believe it, though!

Buying the dips is all very well but tbh I'm fed up with dips. Dennis is not delivering sustainable progress here that's a fact. If the green hydrogen hype is cooling as it seems to be then achieving profitable commercial traction will become increasingly difficult. This is turning into a very high risk investment. I'm still holding but losing confidence. Hopefully some great news involving an FID will drop to turn this around but we've been hoping for that for a long time!

Was announced in June and has failed to stimulate any commercial contracts.

"Approximately 12 months in the making, the launch of Hydropulse opens a new chapter for ITM and the green hydrogen industry. By addressing the bankability hurdle of green hydrogen projects through capital expenditure, operations, and technology risk mitigation for the end user, Hydropulse will solve the most pressing real-world challenges that are holding back exponential industry growth."

From June's RNS.

Dennis is not delivering. The lack of commercial traction is palpable and becoming a concern. Looks like Ceres is where progress is being made with ITM stuck in R&D and gimmickry to try to sell its electrolysers. And Dennis doesn't buy shares, which is a concern for me. How much longer can he string the market along for without delivering profitable sales at scale? It's time to stop talking and posting on LinkedIn and actually deliver sales and revenue. Long-term shareholders deserve no less.

Thanks, Robbren. I'm sure I'll be back once my nerves settle! 😂

Here now that I'm out. Good luck 🍀

No doubt, theAccountant and Robbren, I've made a mistake but at my stage of life I can't afford to lose too much capitol. I've done quite well overall (by my standards) in the last couple of years so am de- risking some of my investments, especially as volatility has returned to the markets. I suspect once the results are out, I'll have another dabble though. I'm sure it will rise from h