Member Info for Gunner101

Somebody seems to like Kromek - some tasty buys going through.

There are suggestions that the ECB and then the Bank of England will start using the QE to buy stocks in the bigger FTSE companies via ETFs (In the manner the japanese have been doing). Probably oils and airlines - namely the ones been dragged down the most by Corona - Im not saying they will buy TW however but it will lift stocks in general and help market sentiment. Ive seen renault mentioned as an obvious target for the ECB.

The goverment will now have to consider buying ventilators for the next pandemic after COVID-19 so this is perhaps the right business to be in now. Other countries will also try to build up their contigency stocks.

For fellow investors in Covid related companies - might be worth a look !
"Biotechnology firm Kromek Group, also based at NETPark, is recruiting a Project Engineer to work on the development of a mobile pathogen detection system, to detect biological threats, such as COVID-19."
https://generator.org.uk/newsroom/digital-union/county-durham-businesses-working-to-fight-covid-19/

Well we're approaching a lock-down next week (if you read the ICU report) which the government are now following so I expect that will knock peoples confidence. So maybe choppy waters are still ahead. We should be on the mend in 6-12 weeks. GLA.

Buying these is effectively buying free money. What a crazy price. Whats the net asset value behind the company - £4.60 a share or something. Daft. Once all the fuss dies down with this corona virus it will be business as usual.

Im impressed that somebody thinks they can sway the price of BP by talking it down on an LSE Comment Board. What are the value daily trades on BP again ?

I used to be a day trader too. Then you get a number of day trades that suddenly turn into long term holds :-D
Easier to sit your money down and wait as you say !

Interesting - what a great yield at this price. Surprised its not motoring ahead even more. GLA

Interesting to see the movements on ITM after a period of sustained price rises.
However ITM is a long term play in an industry that is going to become very big very quickly.
There are only three things that could derail it.
Climate Change suddenly becoming unfashionable
A truly massive leap forward in energy storage technology.
True cost effective fusion generation being achieved.
All are possible but in the next five years ?

Interesting article -
Anybody understand how much energy is needed to convert Hydrogen to a stable liquid methylcyclohexane.

Good article on the argument for making green ammonia...
https://theenergyst.com/royal-society-ammonia-could-power-shipping-district-heating-and-storage/

"Critical to making green ammonia at industrial scale is the Haber-Bosch process. It treats nitrogen and electrolysed hydrogen with clean electricity, to yield high volumes".

No UTs are always shown as UTs as they are a declared value. The actual UT was shown earlier in the listing.

A good RNS !

A bit old but worth a watch !
https://www.youtube.com/watch?v=QWBagGy44h8

Yet another article bigging up Hydrogen in the Telegraph. Me thinks theyve bought some ITM shares.
>>>
Twenty years ago the Toyota Prius had already been around for a couple of years and people poked fun at it because it looked weird and was manufactured at a loss. Twenty years on, and the electrification of the automobile has become a standard, Toyota is the king of hybrids – and nobody is laughing at them now.

At the same time, hydrogen was also big news and manufacturers saw huge potential in it for powering clean electric cars by converting the gas to electricity using emissions-free hydrogen fuel cells. As a means of providing energy to propel vehicles, it was expected to take off in a big way. But it didn’t.

Instead, lithium ion batteries came of age, Tesla arrived on the scene – startling traditional premium manufacturers with rocketing sales on the West Coast of the United States – and the world went EV crazy.

Now, though, with the pending government ban on new petrol and diesel cars by 2035, could this be the decade when hydrogen emerges as the practical alternative to fossil fuels in the UK?

This was a good article yesterday about the risks posed to those states most dependent upon oil.

"“The world still looks more or less as it always was, so it is hard for people to believe that tomorrow is going to be completely different. But things are moving incredible speed,” said Professor Alan Riley, a global energy expert at the Atlantic Council."

"This is happening in Norway. The government plans to drill like never before in the Barents Sea, raising the country’s total oil output by 40pc in the early 2020s. It is the last chance to extract the wealth for the Norwegian Pension Fund before the window slams shut. Game theory dictates that others must follow, while laggards will end up with stranded assets.

Prof Scholten said we are moving quickly to an unrecognisable global order where there are no longer energy importers and exporters. Most countries will be ‘prosumers’, generating their own needs locally, first with solar, wind, and batteries, and in the next phase with such technologies as green hydrogen. Global energy trade will wither on the vine".

I presume they don't have to advertise Hydrogen sites. Everybody with a hydrogen car will get an update on their in car map.

I always thought when I bought into the stock, that its an ideal target for a buy out from one of the oil majors. It enhances their green credentials (See BPs message today - something they clearly realise) and in reality they'll need to start putting ITM Kit on their forecourt real estates. BP could buy it with their pocket change.

Tesla have just written a patent for a million mile battery. Its unlikely to be installed in their cars for some time however.
Millions miles refers to recharge count before drop off - not range when charged.