The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
This is a great company with a great green future.
Since Xmas I think I've managed to be in on every drop and out on every rise. I've lost a packet on itm.
I finally got out of my latest share purchase at 372 2 mornings ago. I'm buying a new car with it before I lose anymore.
I could have guaranteed a rise as soon as I was out! Thank me for that.
I will be putting my pocket money back in slowly in dips to see the rewards over 10 to 15 years.
Short term, graphically , I expected the curve to hit 280 .
What even was today's recovery about.
I would love to slap all market makers.
Good luck all in the short term. See u in the long term.
We all know it's a multi trillion corrupt Industry (Oil/Gas) that has done everything always in it's own interests from wars to quashing better cleaner technology. They will sadly fight until the end for the $$$$$$$$$$.
Meanwhile....back at the ranch....the City seems underwhelmed by the presentation so far?
An article below from my day job....Energy manager.
Retiring 100 GW nuclear capacity by 2040 may threaten supply
(Montel) More than 100 GW of nuclear capacity is due to retire over the coming 20 years, representing a threat to energy security, nuclear lobby groups said on Friday.
“[This is] the single greatest loss of clean power in world history,” six signatory organisations representing the nuclear industries of Canada, the EU, Japan, the US, the UK and the world, said in an open letter.
They stressed that over the same period, global power demand is expected to increase 50%.
“Nuclear energy must be part of that clean energy mix, and we must show the same ambition for nuclear as for other clean technologies in the pursuit of net zero,” the letter said.
“Nuclear energy will allow us to expand generating capacity with a minimal environmental footprint, while nuclear reactors can also be used to create green hydrogen, decarbonize heavy industry, and desalinize water.”
The EU sees green hydrogen – when renewable power is used to electrolyse the water – as key for achieving its goal of net-zero emissions by 2050.
But some officials reckon nuclear power should not be considered green, due mainly to the radioactive waste involved, even though there is virtually no emissions of CO2 in generating power.
The European Commission recently presented a list of technologies to be classified as sustainable under the EU green taxonomy regulation, but it postponed the most controversial decision on nuclear and natural gas.
Meanwhile in France, where nuclear power accounts for around 70% of the nation’s electricity generation, support for hydrogen produced using nuclear power was in fact an obstacle to the development of a European market, Montel reported recently.
This was due to a lack of government interest in building an infrastructure to transport the fuel, according to gas and hydrogen sector officials.
The signatories comprise the Canadian Nuclear Association, Brussel-based Foratom, the japan Atomic Industrial Forum, the US’s Nuclear Energy Institute, the UK’s Nuclear Industry Association and the World Nuclear Association.
Just a quick query.
I trade on Degiro...
I have noticed the same quantity of share trade coming up so often within both buys and sells.....1250 comes up soooo many times a day on both sides dependent on short term (minutes) direction.
Is this a MM perhaps? Sorry for my naivety...please don't shoot me down.
I thought the article was crap myself hence the 'quality'.
I'm here long term ....itm will power through. I hate the 'analysts' looking at sales figures blindsided by the fact sales were there just prohibited by civud last year.
Based on this 'quality' Yahoo article... what are peoples thoughts about itm currently being 70 x value and 5 more over priced than Tesla at this time?
https://www.google.co.uk/amp/s/uk.sports.yahoo.com/amphtml/news/itm-power-share-price-crashed-091827868.html
I'm out since start of week and hold 1 share dfor viewing purposes.
Have lost loads on itm mainly to MY bad decisions on timing.
Just wondering where the bottom might be so I can claw a little back.....
tic tic tic. £3.30 looks about right on the long curve?
For the sake of my blood pressure I think I need to ignore my portfolio and look back at Christmas and hopefully see itm at £8.50 and not 85 pence !
The more good news out that limps out the lower we go.
I'd love 5 minutes in a ring to kick 7 shades out of the MMs.
Drawing curves could see us go 370 before a climb back but I'm hoping this fairly consistent resistance range is the start of the next climb now.
Hi Boaty...im a novice re shares and Investments and energy on the tech side really but I have worked in energy since 1984 including Middle level at Scottish Power.
The problem normally is not identifying energy generation costs by energy type etc. A typical half hourly bill now consists of 39% electricity costs and the balance is system charges, distribution and transmission and levies. Do 61% are 'off ' costs. Then the forthcoming transmission charge review will hike things further even at domestic level.
I think yes that fuel type specific generation costs are important and we know green H will get cheaper to produce in time but it is eliminating the 61% that has major advantages.
To me the answer lies in plenty of 'use it where you make it' solutions. Going back just before I was born...ish....water wheels powered the attached mill stone to sort the wheat.
If solar farms or spare wind was converted , stored and then used near generation there are even greater benefits in eliminating network costs and levies in the early days.
This certainly works short term. Long term I think converting the whole gas network to Hydrogen or a mix is going to happen too.
This may be floored but I'm not sure people realise the current crazy percentages. Also , as an energy consultant with larger energy intensive customers, most of it goes out the window as similar to MMs on shares, the same speculators drive energy. It's usually more speculation driven than genuine energy cost changes. Hth or is at least interesting.
Omg tanker stuck in canal......boom . Already over hiked oil price takes off lol. Oh it just did !
Read the last paragraph in this article in the section re itm share price....£3.90 predicted back on 4th Feb 21.
I like all the forecast figures from the analysts. £14 by 2026 suits me sir. Bounce apparently due and £7 plus this year maybe £11 ? Time will tell. But exciting times...loved the video shared earlier from itm, sp, linde etc
https://www.google.com/amp/s/capital.com/amp/itm-power-share-price-forecast-2021-2025
I'm out at moment Joker ...all in cash. Waiting next buy in point before spring back.
Having no luck at all. Had been scalp trading riot *****ain last few days. Managed to avoid yesterday .Made a few quid. Then got in and out today between 1pm n 3pm...just in time to avoid huge 13% ruse...was busy 3pm to 8pm and missed it ! Unreal. I have to pinch myself these days.
I couldn't score in a brothel some days !
Portfolio down 40% since Xmas!
Hopefully hit on some decent research soon. I think itm will hit 410 before a bounce...let's see .....
I rate itm and will be back but at a much lower sp.
This clinched it for me.
https://seekingalpha.com/amp/article/4411899-itm-power-price-ahead-fundamentals?source=feed_f&utm_campaign=twitter_automated&utm_content=article&utm_medium=social&utm_source=twitter_automated&__twitter_impression=true