Member Info for psmith64

A good read regarding using the Thames Estuary for hydrogen production for London..........

https://www.h2-view.com/story/virtual-summit-looks-at-potential-for-hydrogen-in-thames-estuary/

Good to see I am not the only one with those thoughts.

We are buying into the future i e today's price in based on a £ 500 million turnover with day £ 50 million of profits.

Up untill the last few weeks that was potentially way into the future and as I have said before news can change the mind, the latest fund raising and the ease it was obtained without dilution, the directors buys, the fact that Johnson has woken up at last and now China looking at Hydrogen for transport.

The uncertainties are still out there and could well pull the price back but as a five year hold ITM is pretty much de-risked now.

Worse case scenario we get bought out by Shell or BP who easily have the fire power and a reason to do it over the next 5 years for 1000p a share. I don't think any of us would moan at that.

A good read. One day all UK housing could be like this.......

https://www.h2-view.com/story/first-uk-homes-heated-with-hydrogen/

A good round the table discussion took place after the PM's 10 point plan announcement.

I believe Cadent will have the upgrade of the entire gas network complete inside the next 5 years to ensure the gas network will be capable of piping 100% hydrogen.

In the meantime a 20% mix will still require a lot of electrolyzers...........

https://www.h2-view.com/story/the-hydrogen-economy-starts-today/

As the old saying goes Seaangler......... where their is **** there is money ;-)

Jmf6878........my long term view has never changed if you look back on my posts. I have stated two scenarios for me getting back in. The 175p scenario and the 400p scenario with a fuller order book.

I have also stated that news flow can change an opinion and that is what has happened today with the UK government green initiative. I thought it was never coming.

I have never dumped Hydrogen from my portfolio having continued to hold and add to AFC, Powerhouse and Velocys.

I took the opportunity to cash in my long held shares in ITM, Plug and Ballard whilst they were all close to all time high which enabled my to buy more or the other three I kept which I felt offered better long term growth prospects over the next five years in regards to SP growth.

I still think we are paying way into the future at today's price for ITM but I decided to buy back in today at a lower price than I sold in June so in that respect my gamble paid off and I had very little stress the last few months whilst the SP was all over the place.

There is still a chance for the price to bomb if Covid-19 doesn't get a decent vaccine, when we know the final economic fall out from Covid-19 i.e the full unemployment figures when furlough ends which we won't know until March 2021 and of course what Brexit means.

The potential fall doesn't worry me now as I am in for the next 5 years at least and I am not as exposed as much with ITM now as I was before having diversified into better value Hydrogen shares the last 12 months which have the potential to gain over the next 5 years as ITM did the last 5 years.

Should 175p happen and I am not writing it off I have cash reserves to take advantage.

If in the next 6 months 175p doesn't happen I will then accept it isn't likely to happen as the next 6 months hopefully all uncertainties will be out in the open concerning the world economic situation, where we are with Covid-19 and how Brexit has affected the UK and more to the point the EU itself and how it will cope without the UK contribution.

Overall good news today that the UK government has at least recognised there is a place for hydrogen even though it hasn't put it top of the agenda, but I think private investment will drive it forward and that is what I believe the government is hoping for fear of investing tax payers money in a new technology that has the potential to be overtaken by other technologies which is why we must never lose sight of the fact that no matter the advantages with Hydrogen the last five years it's still very speculative.

Look at CD in music 35 years ago, the next best thing to sliced bread and in the next few years will likely be redundant and was the downfall of HMV and Tower Records in the USA.

Who knows what is around the corner but I think we will be alright for the next five years.

Marknbantam......

"The engines are traditional design with modern exhaust clean up equipment to minimise emissions to the environment"

Powerhouse have a solution to minimise emissions. The benefits of their parented technology far outweighs the minimal emissions hence their SP has rocketed from 0.27p to 3.10p over the last year.

Landfill can't go on forever especially as we need more building land. I know landfill can be built over but with heavy cost implications.

Green Hydrogen will form a small part of the mix for ages yet so there is still a place for blue and grey hydrogen for some years to come yet.

Just my thoughts.

Seaangler, make no bones about it, this is still a high risk investment, the apology might come a little further down the line.

Johnson is all over the place with his green policy even mentioning " ground source heat pumps " at the rate of 600,000 per annum being installed.

Many social housing associations have an ongoing active programme of installing these so the heating requirements from any gas will diminish over time if this method of heating along with air source heating powered by wind power through the grid.

Transport of all types being fueled by Hydrogen will be the golden goose for ITM in the end, but it's some way off but we are paying the price a bit into the future now.

Markbantam - AFC will be inundated by supermarkets to get more charging facilities in their car parks as the reality sinks in by 2030 they will lose a good revenue stream.

AFC's Hydrogen powered charging points can be installed quickly and with very little infrastructure enabling works.

Up 9% in early trading off the back of 10% yesterday.

Nobody can afford not to have a diversified Hydrogen portfolio.

I like Powerhouse as it gets over another problem, landfill. Producing Hydrogen from landfill is pretty clever, a win win.

ITM - absolutely no doubt they will be a major player in electolysis, just a shame it's a bit overpriced compared to AFC and Powerhouse.

Velocys also has a good future ahead.

The next decade is going to be massive for Hydrogen.

Top up on AFC and Powerhouse this morning.

Back in on ITM at 308p

With only £ 240 million being thrown at green Hydrogen from Johnson which is a joke, we have to rely on private investment which we know ITM, AFC and Powerhouse have had no problems with.

Waiting for the flack but have to admit by end of next year we are likely to see 500p.

Well it looks like it could be an interesting morning of trading off the back of Johnson's green speech.

Looks like Hydrogen is on his agenda but £ 500,000 million thrown at it is a joke. He obviously doesn't totally understand it or is leaving investment to the private sector as there is greater risk over the long term with Hydrogen.

He seems to be putting his faith in wind power coupled with batteries and electric cars and charging points.

Think I will stick with AFC , Velocys and Powerhouse as my bets for growth over the next five years.

At circa 300p the future is already built into that price with 200% max growth over the next 5 years, there are certainly better growth shares in Hydrogen over the next 5 - 10 years more sensibly priced now, AFC could be the star of the show , up 10% yesterday, as Johnson seems keen to get an electric charging infrastructure in place and you can see a lot of the large supermarkets investing in the AFC product to roll out charging points in its car parks with very little infrastructure disturbance, producing a good income stream whilst people do their shopping. That is what appealed to me when I went to their investor day this time last year, in at an average 17p and I can easily see AFC hitting 300p inside 5 years.

Enjoy the Hydrogen ride wherever you place your bets, it looks more likely if I come back to ITM it will be when the order book is looking better with an SP at 400p which was my second option should an entry point of 175p not be possible, I will hold my hands up and say that is the less likely of my two options now, bur still not off the table as there is still a lot of uncertainty ahead of us, so much debt caused by Covid-19 not just for the government but the private sector as well, we have seen nothing yet with the scale of the recession that lies ahead, furlough is making things very artificial at the moment and then companies have to start repaying CBILS and Bounce back loans next year, landlords are going to have to write off lots of arrears and accept lower rent payments in both the private and commercial sectors which means there is a real danger of the property market sinking by up 30% once the full scale of the problem is known as quoted by the RICS as a worst case scenario.

An interesting 12 months ahead for sure and a difficult one to call bit caution is the name of the game.

As can be seen every time the price breaches the 300p point it brings in a raft of sellers taking good profit in these still uncertain times.

The recent rises in many stocks is due to to the gamble on the Covid-19 Vaccine.

I know there are a few AFC Energy holders here, a tick up the last couple of days off the back of good news.

AFC being priced sensibly in recent months, as was the case with ITM five years ago ,has a far better chance of a 1000% rise over the next five years IMHO.

Thanks to my sale in ITM at 323p a few months back I was able invest about the same amount that I invested in ITM all those years back only this time it's not such a great risk as it the market is more established now and with AFC it's the best of both worlds, green Hydrogen and providing electric charging points with potentially global growth of major magnitude, plus my investment was from profit .

Good luck all holders of ITM, good to see some director buys, lets hope they keep hold of them this time.

No Tick Tock, Tick Tock in PM44's post = no reply necessary.

They just can't help themselves Seaangler :-)

PM44...........Tick Tock, Tick Tock.........

That's my line :-)

Tick tock, tick tock, tick tock...............

The weekend press points to a short term collapse in the markets worldwide.

An interesting 6 months ahead with major uncertainty in all directions, I don't need to go over them again but the chaos within the Conservative party is added to the mix with the incompetence of the worst PM this country has ever seen not helping matters. He dithers all the time including the UK's direction with Hydrogen. We should have been out infront with it 12 months ago, to date nothing.

A lot of cash to be won and lost over this next six months.

There is no doubt that the long term future of ITM and other hydrogen companies are pretty good but the general market conditions point to a better entry point for ITM that at the moment is priced way ahead of the game, so in the short term has a great potential to crash and find a more realistic SP.

I stick with a range of 100p - 175p for ITM as a good possibility during the impending bloodbath and exodus from the markets.

Do your own research as ever, the pointers are out there.

Yes SatellitePro I think Poundland is still open, it was in the last Lockdown when I loaded up with AFC and Powerhouse

You forgot to mention that Powerhouse and AFC have had nice little rises this week, Powerhouse up nearly 14% again today.

Still have my fill or kill open for when the bloodbath happens due to Brexit, continuing lockdown in December, rising unemployment oh and when that vaccine is not looking quiet so rosy.....................flatline.

There is a lot of uncertainty out there and I believe my 175p, 150p and potentially the 100p fill or kills could keep the tills at Poundland going over the next few months.

Anyway, off the back of 40% in a week on Rolls Royce the pile is building for a bargain basement shopping spree in early 2021 when the full house on the doom predictions come in.

It's all exciting usuming Covid-19 doesn't finish off the party for any of us early over the winter. I had it back in March and wouldn't want it again.

Tick, tock, tick, tock, tick, tock.........

It's only a matter of time.

Even the Pfizer chief walked off with nearly £ 6 million. Shows how much confidence he has in the vaccine

Tick tock, tick, tock............not long now

https://www.businessinsider.com/pfizer-ceo-sold-stock-day-covid-19-vaccine-results-unveiled-2020-11

And the early surge in the day SatellitePro was very short lived.

Just a thought, with Trump looking down the barrel of the gun with the hope that the Supreme Court can keep him in the Whitehouse would you trust anything coming out of America at the moment with the potential influence from his supporters high up putting pressure on a company to put out a statement regarding a vaccine which Boris Johnson confirmed has many hurdles to jump yet.

Still I am not moaning about the market getting sucked in this morning as I took a bit of a punt on Rolls Royce last week, the result a quick in and out 40%, that was pure luck though I was hoping for maybe 10% to keep Mrs Smith happy on her birthday next month.

So yes 100p is not off the table yet as far as I am concerned.

Good news that Biden is pro- climate change, that can only help in the long term.

The long term is way off yet, we still have the short term to deal with, uncertainty over Covid-19, uncertainty over the final unemployment figure which for the moment is delayed until March 2021 due to furlough extension and then there are all the businessess that are going to bust due to the debt racked up via various loans, not to mention commercial and private landlords who have no hope of being paid months of rent arrears, banks who must be waiting for a raft of defaults on mortgages which according to the RICS has the potential to crash the property market by 30%.

Then of course there is Brexit whatever that may be .

For the moment I am happy sitting on cash with the odd dabble although for me I am gambling on AFC, Powerhouse and Velocys to give me the same result over the next five years that ITM gave me the previous five years.

I am excited about Hydrogen over the next five years, but in my opinion nor what it's worth ITM is still a bit over priced for the very bumpy six months ahead as Covid-19 and Brexit unfolds.

There is always a chance that new technology could take some of the need for Hydrogen away.

This sounds interesting...........

https://www.bbc.co.uk/news/business-54841528

Tock, tick tock, tick tock......................