RE: Figures today ---- Friday 27th Dec 2019:2 Jan 2020 17:14
Dear Able and Colleagues: We are told that three Kings delivered Gold, Frankincense and Mhyrr (Edit) I confess I don' know much about any of them. SO, Let us look at the thrre companies you mention, in turn.
(1) TPG. -- If you have nothing to say, don't say it. Much of their work is for government bodies and as Boris threatened re-shuflles in dept heads, that may have led to new ministers holding back on new orders, meanwhile the company will be rapidly completing various types of contracts and awaiting, with fingers crossed, to be looked at favourably. Defence planning should not be the subject of individual ministers whims since global events often have spontaneous effects. I forecast, tremblingly, TPG will receive a contract but not such a large monetery satisfaction in the next two months, ie before end of March, 2020.
(2) ITM POWER. -- ITMs rise IS justified, a new director has been appointed representing Linde who hold a 20% stake in ITM, secondly the HyDeploy Project has just been declared fully operational. This has been, and is, based at Keele University and allows up to 20% of hydrogen to be injected in the gas mains and has Security verification from the Health and Safety Executive.
(3) Versarien. -- VRS is an enigma. The products of this company are world leading in quality and desirability, and yet, and yet, we do not seem to witness any great resolution of potentials customers decision making as to its suitablity for their individual purposes. If the purchasing price to customers is thought to be too high, tough. Someone else will make better concrete, or road surface material. Someone else will make great sports wear in time for the Olympics this year in Tokyo, perhaps a Japanese customer. The Chinese raiways may opt to make fire resitant seating in their trains and longer lasting rails for thei trains to run on.
END of todays ruminations from me ----- Yours, Max.