Member Info for psmith64

Great post coming out of France regarding aviation green rescue package......

https://abcnews.go.com/Business/wireStory/france-announces-169-billion-aid-aviation-industry-71146897

Now showing at 289p

Did anyone else see the SP in freefall before closing ?

I just managed to sneak a buy at 278p before the bell and as soon as I did my deal and back to the screen the price had shot back up to 300p

I think that is the quickest profit I have made in a minute.

A great read. No wonder people are piling here with the ITM German connection.......

https://www.dw.com/en/germany-and-hydrogen-9-billion-to-spend-as-strategy-is-revealed/a-53719746

Probably some directors buys in the mix today.

No doubt borrowed to exercise options and now maybe bought in with proceeds.

But yes other good newsflow to come on a regular basis.

What a day for the patient holders that didn't wobble and those of us that took advantage on Monday.

My top up at 280p is not looking to shabby tonight.

Looks like all the profit takers have been flushed out now .

Onwards and upwards.

I don't know if anyone posted this yesterday. A good read and a nice promo video from ITM Linde.

https://www.h2-view.com/story/itm-linde-electrolysis-makes-significant-progress/

You do have to wonder if Linde will try and buy out ITM in the future.

I hope not, but it has to be a possibility because like most of the majors out there it's their only way to get up to speed with Hydrogen technology that they have done little R&D in , if it wasn't Linde someone like British Gas would have come along and invested in ITM.

I would prefer there not to be a buyout but if that is the case I would still rather be in than out.

I had absolutely no hesitation buying more at 280p the other day.

I want as many as possible at giveaway prices for when it becomes income producing via dividends in the future.

Volume well up in early trading with a major buy already noted in a previous post.

Just remember, nothing has changed since the the SP touched 365p

That is what I look for to be worried about a drop like we have seen this week so far.

The directors selling has done nothing to knock confidence bearing in mind they got 283p for them with ease.

The future is the same for Hydrogen as it as ever been and the share price will not only be driven by ITM's future newsflow but that of Hydrogen in general, and there is a lot of news to come including the UK government's own Covid-19 stimulus package yet to be announced which is rumoured to follow suit that of the EU to include a wadge for green projects.

Directors buying back in maybe.

They have some spare cash. Would be good to see some director buys at this level now.

Personally an electric car won't cut the mustard with me with the amount of long distance journeys I do.

Having driven a Hydrogen car at the ITM investor day nearly 5 years ago , that is going to be my green car of the future, hopefully when I retire in 5 years time thanks to my investment in ITM.

That will be my first celebration purchase.

Electric is fine if you just commute local. I still will be interested to see how the national grid copes with 25,000,000 potential electric cars on the road. The grid bearly copes now.

Going back to my crystal ball, my prediction for this first five years of holding was has been far exceeded.

I believe I have been conservative with my 1500p holding.

With just over 30,000 shares in my holding I am now thinking of the future dividend once the company becomes income producing.

I have a few investor friends who bought into Telecom Plus right at the start, their income now exceeds their initial investment a few times over year in year out.

It's why I added more this week at 280p.

The long term holders are going to be very well rewarded down the line both in capital growth and income.

All the ISA withdrawals in the future are going to be tax free to.

Thus last five years has been fantastic for all holders from that time. It was as massive gamble back then, not anymore, especially as we are invested here in a world leader.

New PI's or long term PI's can't grumble.

Anyone holding for the last three months can sell out at over 100% right now now if they are that worried,not bad.

Me ,my main bulk was bought at 14p nearly 5 years ago, so am sitting on 1900% if I wished to sell today, not bad, and no I am not selling.

This rise is not over by a long way. My crystal ball tells me 1500p minimum by 2025.

Linde did not invest here for nothing,nor did Shell choose ITM for its Hydrogen forecourt partner.

In the future there is no choice but for Hydrogen for transport. Electric just won't cut the mustard.

My thoughts exactly dsc1978
Nothing has changed since the price was 365p
There was a lot of profit sitting in non long term investors accounts and in these non certain times you can understand some people wishing to take it.

Interesting to note all were sold at the same price so looks like a deal was possibly done with a major investor wanting to get in or maybe a new investor talking a position.

Close to 280p

Been invested in both Ballard and Plug Power since 2016, a very good complement in two different areas of Hydrogen, both have done exceptionally well. I believe they are still good value at today's price.

Both worth checking out if you are not already in. Like ITM they have bucked the trend this year.

Have also had a little dabble in Powercell Sweden ,AFC energy the last year,and more recently Powerhouse Energy .

I still consider ITM the jewel in the crown based on its association with Linde and Shell. This will be the one that really flies over time. A future FTSE company I believe.

That is still a bargain. I topped up at 280p yesterday as well.

I would say it's a strong hold at the moment if already invested.

Current secured orders well exceeded previous turnover, orders being negotiated really add to turnover, and there is a positive future work load in the pipeline.

With £ 38 million in cash reserves , there is no need for any cash calls. Any cash injections are likely to come from share issues at current values should an institutional investor want in and there are not enough people parting with shares, just as was the case with Linde.

Linde was a life changer for ITM .

What a time to be invested here.

I have been in since 2015 and am a long term holder. I added another 2000 yesterday having acquired 30000 early on where my initial investment was less than I paid yesterday at 280p , I felt 280p was a bargain after yesterdays update.

In five years time I am looking forward to the dividend, hence I added more yesterday.

We have seen how this share reacts to news and with the current secured contracts and pipeline there will be good newsflow specific to ITM along with the general H2 news over the coming months that will drive it onwards to 500p in the next year in my honest opinion, that could be conservative.

Holding Ballard and Plug since 2016 too and I think these are still very cheap at the moment.

I took a punt on a small Hydrogen portfolio the last give years and I think I have done better than most professionals, certainly better than Neil Woodford .

Good luck everyone,not that we need much luck now this share is pretty much de-risked. The hard work has been done by Dr Cooley and co and he has a great team around him to drive this forward over the next decade.

This is your Liverpool of the AIM, we are premiership material. ITM will be the Watford of the 80's that follow football.

FTSE 100 material in the making.

NKLA is available on HL this morning. Fill or Kill at the moment as the US market is closed.

Shame it wasn't available yesterday.

Anyone have any thoughts how that night go today ?