Member Info for Griff15

You are right with your definition of Patient, But , even if the fundementals behind are strong, they are unquoted and as such once the confidence goes, so does the SP. I have reluctantly sold for a 30% loss. Should have been 10% but
I believed in the Woodford blog. Wiped out years of profit from my other investments. Back to the drawing board.

Hyundai Motor says it needs its rivals to buy its hydrogen fuel cell system to spur global adoption of the technology and help it reach commercial scale as the South Korean company becomes the latest group to overhaul its business model to survive rapid changes in the auto sector.

The world’s fifth-biggest carmaker by sales intends to spend Won7.6tn ($6.7bn) over 10 years to develop the technology, which it hopes will prove more popular than electric in replacing petrol and diesel vehicles.

“If we do not actively work in the global market, we will be dependent on our own companies’ car sales. Today maybe it is competitive but in the future we cannot grow,” Sae Hoon Kim, head of Hyundai’s fuel cell division, told the Financial Times.

The move to supply technology to competitors comes as carmakers look to different business models to hurry the mass adoption of cleaner fuels and boost investment into new supply chains.

Battery charged electric vehicles and cars powered by hydrogen fuel cells are at present a fraction of the overall market. However, electric is expected by some car groups to dominate over the next two decades.

Volkswagen, the biggest carmaker by sales, is pumping billions into the electric model. It has agreed to license its electric vehicle technology as part of a bid to dominate the battery-powered market.

Some industry figures say people travelling shorter distances in cars might favour electric batteries while commercial transport might be better suited to the longer range and quicker refuelling of hydrogen.

Hyundai, which has for years been criticised for being slow to pursue new technologies, is also pouring billions of dollars into electric vehicles.

But the lack of infrastructure in the hydrogen fuel cell market has made the need for collaboration among traditional competitors acute, Mr Kim said.

Japan’s Toyota Motor is also sharing its technology in hybrid vehicles and fuel cell patents with Chinese companies in a move to drive growth.

However, Hyundai is going further, selling its whole fuel cell system — which converts stored hydrogen into electricity to power the vehicles’ motors — rather than licensing its technology.

“Licensing will be difficult as there are too many sub-components within the stack and the system, which should be controlled precisely during the production process,” Mr Kim said.

Lee Hang-koo, a researcher at the Korea Institute for Industrial Economics and Trade, warned the long-term transformation for South Korea’s second-biggest company “won’t be easy”.

“The strategy seems right but the key is how much interest global carmakers will show in the hydrogen technology and whether the related infrastructure will be built up in time,” he said.

Analysts are also wary about the broader industry’s plans to commercialise hydrogen technology.

Kim Pil-soo, a professor of auto engineering at Daelim University, said Hyundai, Toyota and Honda, as the early movers in hydr

https://www.ft.com/content/a9362bca-832a-11e9-9935-ad75bb96c849

40 p and I'm out. With my money back nearly

Buy backs never seem to work.

Bit unfare there Temple, nobody expected it to be this complicated or did we expect our elected representatives to be so obviously inept and corrupt

Buy backs never seem to work. Special dividence just reduce the Sp.

It's certainly a holder think I paid four quid for my first tranche. then 2.45, then 2.06. quite depressing really

Have I missed something. Why the large spread.

Starting to think this investing lark is a load of tosh. Im so underwater with some good companies . NG down 5.5 % already today. Must be the santa rally.

Getting close to the float price.

Hate buybacks they never do anything. Give me the money as a special divi

Sad thing is this is a long tetm investment with divis reinvested since float but now the cheaques turned up one of which is in the mrs name so its now disappeared into her account.

soon be back where i bought in, He maybe right after all.

soon get back to the float price.

Is the cash return in the price. How much is it please

Elliott also bought into whitbread and forced it to flog costa coffe. Result im in profit for a change.

Maybe a sad day but it makes me a bit happier for all my losses in this bull market I appear to have dodged with great stealth.

i worked in research for 15 years. Full of Drs all on good money being carried by the technicians. All of them slowly paid off as they got older and slowly their work being carried on by the technicians. The directors all left with secret wads of money. The company went into some form of voluntary administration. Been in Itm for years now, and down a few K.
Hope this don't go the same way.

Depends when you want to retire. Hopefully should start moving up soon. all the hard works done its just the selling thats seems to be dragging on.