I agree with iWantThatOne That's because: 1. ITM is an 'intermediary' - the H2 it produces 'needs' to have somewhere to combust to produce electricity or whatever other use it may have. On the other hand, AFC produce electricity direct. The 'customers' are therefore different too. 2. ITM's 'raw' material is anything with H2. It can use water to split H2 off. Notice they are looking at using tidal energy to generate H2 with their electrolyser which is a very circular way of generating H2 for practically zero additional input. AFC need a CH4 to make electricity
I am sure there are other differences too. What binds them if at all is that they are using H2 as a means to produce energy. I am invested in both and in the blue. So, not particularly biased towards any one. 3.
I have been thinking long and hard about this - particularly because those who had invested at the top of the valuations would be sitting on a major loss. Could it be the case, that in lockdown with nothing much to do but with a bouyant stock market lots of people were chasing 'green' stocks and have now got their fingers burnt? We also saw the same phenomenon with house prices with house price inflation picking up shortly after the Chancellor announced a COVID support package? Keen to know others' views. I continue to remain invested in all the three companies but my profits have substantially reduced!
A new COVID mutation arrives, the world slows down and no sign of the detector28 Nov 2021 16:43
For some time, as the covid threat lifted, I was glad at one level (that covid is less of a threat) but also sad at another level (when will KMK show its tech prowess?!). Now, we are starting to go back to Square One and still no sign of that detector!!
Hi Risky FWIW Your post prompted me to look at my trading history on this share. I too first bought in 2015 at 49 p and have averaged down since. I had almost given up and wanted to throw in the towel on this one when some good contracts and developments help me keep up my spirits. As others have said, there are a number of potential good news announcements waiting to come. I had a similar view on CWR which I bought for avg 76 p and didn't expect much in return, as did ITM (20 p). I lost a lot on Simec Atlantis (70 p bought - today less than 2 p) and XSG (bought £57.00 upon reorg of capital, now 122p). In short, as you may have experienced already, if not a trader, I suggest hold and wait. As always GLA and DYOR. This is only my tuppence view though.
Results have been affirming for those believing in this company (like me). Anyone into 'trading' ought to get out now. This is certainly a LTH for me. Reminds me of my faith in Smith and Nephew (SN.) which I bought for 477p a few years ago. (should have bought more!!)
Listening to Radio 4 today about this devastating hurricane and the loss of power supplies to large areas of Louisana, I ended up thinking - Imagine if AFC could send their kit to the affected region as soon as possible. FEMA would themselves place a very large order straight away.