Member Info for Licancabur

This is encouraging news.

Having raised more than they needed in the Covid rights issue, they now have the luxury of being able to buy back a lot of those shares, which is no doubt helping the price. Whitbread remains a well managed company with an excellent brand in Premier Inn and plenty of growth opportunities in Germany and elsewhere. Provided there are no geopolitical shocks, I would expect the shares to motor past £40 again.

One would hope that these high profile ministerial visits will one day bear fruit. I guess we will have to wait for results on the 31st for more news. Maybe Buddha has advice for us investors in this situation.

I hope your optimism is justified Bilbo. I still have an oil fired boiler, which I hope will last for many more years. I would be happy to replace it with a heat pump eventually but would need to be convinced that it's economically viable in an old stone house.

I don't think ITM are involved in this project buy I may be wrong.

Apart from the Scottish Power Whitelee project, I wonder if ITM have any other interest in this.

Since there is as yet no investment decision, I doubt if this will move the dial much.

Morgan Stanley and Goldman Sachs may well be accurate in their gloomy assessments but I am reminded on these occasions of MMo2, the mobile arm of BT, which was demerged from the parent company in the noughties. One analyst actually rated the shares as worthless at that point but it didn't stop Telefonica from paying £2 a share within a year or 2. I have always treated analysts' target prices with scepticism since then.

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Scarfell it's true that the numbers look unrealistic at the moment but the market is looking into the future. It took Uber 14 years to become profitable and Amazon sat on losses for many years early on. As for the revenue stream, the rate of increase is the significant factor, especially in relation to the greatly reduced cash burn. The current direction of travel is very positive and the share rating will reflect that.

It looks an impressive update to me Bilbo. I wonder if the market will give ITm a break now. I won't hold my breath.....

Yes CWR fell out of bed last week due to delays in singing up new partnerships. Interestingly though the share price, having tanked immediately on the news, recovered much of the ground later.

Meanwhile ITM continues its unstoppable downward trend......

Guitarsolo I imagine the debt would reduce more quickly if they weren't buying in shares. The board clearly calculate that the value of the buybacks in enhancing eps outweighs the debt burden. Just a thought.

Littlepost the impression given is that no dividends will materialise for the next year or 2. The debt level will probably be addressed first.

Faisal Islam's report from the ITM factory, complete with branded uniforms, will not have done the company any harm. Good to hear the Chancellor rather belatedly recognising the importance of this industry to the national economy. It remains to be seen how much support actually materialises however.

Onsolidground I am inclined to agree with you - the selling seems to have afflicted most of the H2 sector. The problem for ITM investors is that there is so little visibility looking forward. We live in hope.....

Now that Plug Power has sent a mighty chill through the H2 sector, presumably more investors will throw in the towel and who could blame them? Hopefully the new management at ITM have factored in the kind of cashflow problems that Plug is facing and have addressed the cash burn sufficiently. Only time will tell.

I'm glad that Dennis Schulz is enjoying his coffee and the view from his office. We look forward to hearing news of where the units he is testing will be delivered and how much money they will make for the company. At present , from an investot's point of view, it's like trying to look through fog.

Presumably there are some customers, although we don't hear much about them. It does feel like watching grass grow .......