Member Info for psmith64

PMSL Builder Pete .......

After seeing my SIPP and ISA's bottom lines looking like a pinball machine of late, I spent a day of deep research yesterday and came to the conclusion looking at my Plug Power shares that with the finance ITM has in place now their is no reason this year it can't reach a similar market cap of circa £ 19 billion with its involvement with Linde and Snam.

That could even be conservative.

I suspect there will be other major gas companies wanting a share of ITM to.

So yes , 3200p by year end is more than possible.

What a difference 6 months can make.

Wait until Joe Biden gets in office and starts spending some of the $ 2 Trillion he is ear marking for green energy.

We haven't seen anything yet.

We are easily looking at £ 20 billion market cap for ITM once the Linde and Snam orders start piling in, potentially by the end of this year which means circa £ 32.00 a share and if you think that is unrealistic take a look at Plug Power over the last 12 months.

Then there are other third parties who will need the product such as Engie and the like.

Hydrogen companies are still on the runway , they haven't even taken off yet.

Fossil fuels are going to be dead in the water now Hydrogen is not only getting lots of major private investors but governments around the world jumping on board in a major way .

We haven't even talked about the global potential ITM Motive yet as the Fuel Cell vehicles take off. That is going to potentially provide billions of steady income in the future.

Fill your boots JoeKenny 10 years down the line ITM could well be a £ 100 billion market cap company with a lot of multi millionaire shareholders.

Interesting to note that Dr Duncan Yelland of ITM Motive has previous links with Engie as detailed in the article below ........

https://www.business-live.co.uk/manufacturing/toyota-hyundai-praise-hydrogen-refuelling-18255011

Why the world needs Green Hydrogen..........

https://blogs.ei.columbia.edu/2021/01/07/need-green-hydrogen/

An interesting read . French project has a requirement for a 40 MW Electrolyzer .

Can't be many companies about that would have the manufacturing ability for this .

Maybe something ITM will be involved with ?

https://www.energyvoice.com/renewables-energy-transition/hydrogen/europe-hydrogen/291031/total-engie-france-hydrogen/

Looking at the market cap of Plug Power at £ 19 billion , there is no reason why if the ITM Order book continues in the same vain as today then it could hit the same market cap this year.

Result would be circa £ 32.00 per share

Based on where the SP was in October 2019 at circa 50p who would have thought a circa 12 fold increase since then to where we are today , so my 2021 prediction is a conservative 3200p by year end.

Place your bets .

Satellite Pro- snap regarding the best week ever . Can this keep going.

Plug up 91% in just over the week.

My portfolio keeps swinging heavily to much towards Hydrogen with these major swings .

I don't think we have seen the end of it yet now Biden is ready to rock 'n' roll with a green future.

The next 4 years are going to be exciting and profitable.

The next question is when will we see some dividends , maybe in 5 years time that is a reality.

A good post Seaangler , very sensible.

It never pays to be greedy, the last six years in hydrogen have been incredible. I haven't got it all right last year especially with ITM, but I did get it right to diversify more in June.

Life is too short , I lost an old school friend last week, same age as me , 56, that brings it all home that paper profits are no good in the grave yard.

I have spent a bit in the last 6 months on our house and that was thanks to an incredible run on ITM.

I have a balance in cash now and a more diversified portfolio but am still wondering if I am being greedy , 2500% profit on ITM back in June was unreal and now I have shares in the last 6 months showing 400 - 500%.

I think we all believe Hydrogen is the next best thing at the moment just as we did CD's were 36 years ago, now you can't give them away.

Technology has the history of often making past good things not so good.

We are all individual and know what we need within reason if we assume we are going to live until we are 80 and thanks to Hydrogen and property over the years I have probably got to where I need to be already so even I am in to the greedy arena now .

Decisions to make in the not too distant future.

Good luck everyone , we have all been very lucky.

Hi CATICHE

It's a listed Norwegian company. You can check it out and deal through Hargreaves Lansdowne

Ticker details below .......

HEXAGON COMPOSITES ASA (HEX) NOK0.10

Always worth sharing knowledge . Looks to be undervalued and with the growth of hydrogen storage it's future looks bright.

Well established near on 60 year old company , in profit , dividend producing with a market cap of circa £ 1 billion .

Been in since January and performance has been very good .

Check out Hexagon Composites if you are not already in.

https://hexagongroup.com/

Yes, HL is all over the place, still showing AFC at 66p when it closed nearer 80p

Licancabur, took the profit to diversify my Hydrogen portfolio a little more.

Am still holding some of the profit in cash but upped my investment in AFC and Powerhouse ( great result there )and added NEL, Velocys and McPhy to name but a few. That cash re-investment has done better than leaving it in ITM so for me it was a right decision.

That said , those that held tight here can't moan, still seriously good paper profit if still holding.

Would still like to see more in the other book before adding ITM back to the portfolio, for the minute I see it as a good day trading share , it has been known to be quite volatile with swings as high as 25% in a 24 hour period.

It looks a bit toppy to me at 500p with no real positive order news in 2020 to justify today's price.

You will see from my posts earlier in the year I did predict £ 5.00 by year end , but cashed out first time around at £ 3.23 taking a handsome profit being a long term holder of 5+ years as threw a little caution to the wind .

I did a bit of day trading up until a couple of weeks back to squeeze a bit more out of things .

I think ITM need some positive news now regarding contracts and there cash value to maintain the current SP.

Now we have a deal of sorts regarding Brexit , I think we still have a bit of Covid-19 disruption throughout 2021 which could affect the markets in general.

With that uncertainty ahead we could see some profit taking, it will be tempting for some with the growth we are talking about over the past 12 months.

I don't think we will see the £ 1.00 - £ 1.75 range I once predicted due to the funding and Brexit being sorted .

It could end up being a good day trading share in 2021, that is how I intend to play ITM in 2021, there will be good money to made there in the short term.

Have Johnson Matthey and Cummings in my portfolio.

Both well established companies with dividend cover that are already involved with Hydrogen.

That maybe the stats for now Taskmaster, but wind forward to 2030 and external charging will rocket as EV's become the norm.

Check out the stats of how many company vehicles out there. I know from my past days of travelling about for work and overnight charge would not have got me by for the day.

The majority of work places have no charging points. A company with a 100 cars would need massive infrastructure work including the possiblity of 000's of pounds of upgrades to the local substations.

AFC could have 50 charging points up and running in superquick time within a company carpark with minimal disruption. Now think of the possibilities worldwide.

No doubt their offering could also provide on site Hydrogen for those choosing Fuel Cell vehicles.

I was in at AFC at 6.00p with my first tranche , visited their shareholder day last December and was sold on what they do. Now holding at an average of 17p.

It has the same feel about it as ITM did when I visited their shareholder day 6 years ago.

A lot of my recent investment came off the profit from ITM.

The Hydrogen story continues, exciting times ahead thanks to fundmanagers caught napping the last 6 years and now catching up.

ITM all being well be steady grower and hopefully will be one of the first to pay dividends, as far as SP goes a lot of the future is already built in now.

Totally agree Silures.

I know the MOD are looking at getting many charging points into their establishments with minimal disruption. AFC fit the bill there.

Supermarkets will be losing lots of revenue from fuel sales in the future , do again AFC provide them with an opportunity to add masses of charging points in their car parks with minimal disruption.

I agree with your thoughts Silures, as do many others by the looks of the SP rise the last few months

To the Hydrogen companies not so overvalued as ITM.

AFC and Powerhouse both up over 30% today.

At 500p people are now paying well into the future for ITM now.

There are better value Hydrogen shares out there now.

Just my opinion for what it's worth, over 100% up here since the funding, but AFC and Powerhouse up circa 300% in the same time and still looking way undervalued.

Let's hope this is true. What a great Christmas present it will be and will get one problem out of the way that could have caused a major stock market bloodbath .........

https://www.ft.com/content/4c333e27-6d47-4db2-8bdf-8e2207909414

Certainly the best investment year ever for many of us Satellite-Pro.

A very merry Christmas to everyone and an equally prosperous and safe 2021.

Seaangler.......... profit on paper is vanity and never certain.

Profit in the bank has given me a lot of other opportunities since June, Powerhouse and AFC being two , both have far outpaced ITM in terms of growth.

It's easy to just get blinkered.