Member Info for NewKOTB

No stopping old Smelly Fish, it must be concerned !

It's worth remembering that RNS's are LEGAL documents, as such have to be by their very nature truthful and factual otherwise legal action may follow with criminal convictions a real possibility, would Dennis et al risk that, answer, absolutely not.

aimo & dyor

Dennis Schulz, CEO, said, "ITM is continuing to achieve a strong revenue performance while tightly managing costs and capital expenditures. Our strong balance sheet is an important differentiator in the competitive landscape, and our contract backlog and sales pipeline have continued to grow. We remain well-positioned as customer FIDs accelerate through FY26."

As previously stated, ITM have over 50% of our MCap in CASH with ZERO debt.

To be DEBT FREE and command such a large cash position as a disruptor business is quite amazing and most unusual.

As Dennis stated "strong balance sheet is an important differentiator in the competitive landscape.." this is quite a differentiator afaic, added to the fact we have ZERO debt makes this a stable financial company compared to it's peers. ITM have stated they are currently NET CASH GENERATIVE as such expect an increase over their half-year cash balance, which stood at £203m.

AIMO & DYOR

"ITM has been net cash generative in the second half of FY25, and we now expect cash at the end of the financial year to be between £204m and £205m..."

So that's over 50% of our MCap in CASH with ZERO debt.

To be DEBT FREE and command such a large cash position on the books as a disruptor business is quite amazing and most unusual.

aimo & dyor

I have noticed for some time now, a positive correlation between my green filter working overtime and a decline in SP. For me, POSITIVE acknowledgement that Smelly Fish is working for a shorting outfit, not that we didn't already know that.

aimo & dyor

UK / EU manufacturers will always be preferred to one's that are outside of Europe, for European buyer at least. Could you put your business energy security in the hands of Russia, China or dare I say the US, absolutely not !

aimo & dyor

Stumpy, there is no gap on the daily mid-point afaic.

Sorry chaps, wrong BB although you may of already guessed that !

"Britain’s biggest oil and gas producer is axing investment in the UK and diverting cash to countries including Norway after Labour’s windfall taxes left it with an 111pc tax rate....."

And Rachel from accounts thinks her tax regime is the same as Norway's, why then are we diverting cash there and elsewhere and not staying in the NS, answer, because it's not the same by a long chalk.

https://www.telegraph.co.uk/business/2025/08/07/north-sea-giant-to-move-jobs-overseas-as-tax-rate-hits-111p/

"Britain’s biggest oil and gas producer is axing investment in the UK and diverting cash to countries including Norway after Labour’s windfall taxes left it with an 111pc tax rate....."

And Rachel from accounts thinks her tax regime is the same as Norway's, why then are we diverting cash there and elsewhere and not staying in the NS, answer, because it's not the same by a long chalk.

https://www.telegraph.co.uk/business/2025/08/07/north-sea-giant-to-move-jobs-overseas-as-tax-rate-hits-111p/

"Board is today declaring an interim dividend for 2025 of $227.5 million, equating to 13.19 cents per voting ordinary share. The interim dividend will be paid on 24 September 2025 to all shareholders on the register as at 15 August 2025...."

With Ex-Divi date next week, it probably doesn't help support the SP being so close to results, traders trying to profit from ~20% jump this morning and get in lower for another Brucie Bonus of 13.19 cents/share nest week.

aimo & dyor

Sekforde, are you saying that the current MCap of $4.35bn, we hold $2.7bn, or around 62% in cash and equivalents, !

Just set a buy order if you are convinced, saves watching and do something worth while, like volunteer at your local home for stray cat's !

aimo & dyor

The lack of detail into BASF's holdings suggest things are happening in the background to 'deal' with this thorn in our side.

aimo & dyor

Will provide some small support going forward too.

Yep 232p was the support of the upper trend from April we dropped out of in early July. Get back inside that and the road to SP recovery will be a lot easier, but either way recovery is now embedded as far as the markets is concerned with these results.

aimo & dyor

Just hope we can close circa 10%, that would be an absolute result afaic and confirmation that Linda's plan is working.

Onward and upwards ..

Is UP ...

Starts tomorrow ....