Member Info for psmith64

My thought as well.

A long read, but a very positive one.

Should when the market opens the focus is on the 4.0 million revenue and we see a drop , I am ready to top up based upon the future.

Sadly I have a feeling people will read into the future and we will see a 20% rise today, meaning I should have toped up yesterday. The forecast over the next year with a cash lump £ 176 million in the bank tells me all I need to know to buy some more.

The future looks very bright , and that is all that matters.

Me too Doli , have been in Powerhouse since around the 2p mark , I can see this one flying over the next 5 - 10 years, well worth a punt.

I remember buying some ITM at 6p 5 or 6 years ago, so who knows where Powerhouse may end up.

A good read. Maybe why the SP has regained all the losses from yesterday and some ......

https://www.rechargenews.com/energy-transition/green-hydrogen-leads-off-us-energy-earthshots-in-all-hands-on-deck-technology-call/2-1-1021584

That is a car I just keep for its collectable status due to its previous owner and at 21 years old next month it's only covered 65,000 miles in it's life taskmaster , not a daily use car and one that I stick around 1500 miles on per annum when I take it to car meets so the fuel bill has dropped to around £ 45.00 per month now due to the reduction in events and using it once per week to keep it lubricated.

My everyday car is just 900cc, and is very good to the climate.

That will be replaced with a FCEV inside the next decade as they become cheaper and more mainstream which I believe they will.

Sorry , EV's are not for me , I am impatient and can't imagine me having to wait for over an hour ( including queuing time ) to charge up on long journeys

I wouldn't have invested quite heavily in Hydrogen stock the last 6 years taskmaster if I didn't care about the climate . Don't where you got the idea that I don't care from.

Taskmaster ...........I don't have a charging point at home , I would have to go charge somewhere else........... times that by about 99% of homeowners

What percentage of businesses have charging points ? Not many.

After this pandemic , how many people are going to work from home now ?

How many people will still be refuelling en-route ? The majority.

EV's are a much worse solution in my view, I am holding out for a FCEV, much better idea and it takes 3 minutes to refuel and go 400+ miles , why would anyone want to go backwards to having to park up and give the horse a rest ?

I watched this and topped up today.

What this pandemic has shown is that people don't like to queue , hence online shopping took off.

Now matter how good the EV infrastructure becomes , with 30 minute charging times when out and about , and the potential of having to queue on top , people will look for an alternative.

If the green hydrogen refuelling network can come up on the rails over before the end of the decade , FCEV's are a no brainer. It's going to be the nearest to what people are used too.

A great future for ITM Motive here and I can see why it has been spun off because it's going to be an amazingly sellable assert for ITM in the future.

And I just keep reading things like this and keep buying on these dips.

National Grid are not going to let one of their assets they have invested a lot in become defunct.

A lot of people say it takes a lot of energy to produce green hydrogen from wind and solar but when that energy can't be stored and wasted , green hydrogen comes to the rescue and it can be stored for a lot longer than power stored in batteries.

A good read , previously shared last week , but worth referring back to when you get the sceptics going on about the negatives of green hydrogen .........

https://www.nationalgrid.com/stories/energy-explained/what-is-hydrogen

H will have more to worry about when Hydrogen car sales overtake EV cars inside the next decade as green hydrogen becomes more mainstream and on a lot of forecourts.

It's a no brainer. Queue hours for a charge , or all done in 3 minutes with a Hydrogen fill up and over 400 miles in the tank.

People like convenience , EV's are like going back to horse and carts where you have to stop off for an hour to give the horse a break.

Who wants to go back when Hydrogen can take you forward.

My next car will be Hydrogen when I chop the petrol car in, and ITM and a few others will help fund it in the next 5 years, of that I am certain.

No surprise to many of us.

It's going to be a blue day, was like taking candy from a baby yesterday.

Don't worry about a thing , every little things gonna be alright..........

https://shipandbunker.com/news/world/211420-bloomberg-analysts-see-green-hydrogen-outcompeting-blue-by-2030

Just keep searching the daily news articles on green hydrogen a r don't let the this week put you off.

What an amazing entry point for anyone wanting to dip their toes in, and they will.

Hydrogen is too advanced , I would be more worried about anyone investing in things that hydrogen will make obsolete inside the the next 10 years.

Elon Musk may be calling fuel cells " fool cells " right now, but I think he will be the one to turn out the fool as the Hydrogen car pulls off the forecourt in 3 minutes with 400+ miles in the tank , whilst the EV's queue for their 30 minute fix to get home and plug in again.

Hold on tight , don't be fooled into panicking.

Possibly 400p as people realise this is so cheap at the moment and is not likely to fall any further and rise back above 500p by month end.

Just my thoughts. Nothing has changed with ITM since it was above 500p

I don't know where the floor is, but couldn't resist mopping up some more at 366p

Exactly Mucker.

Still only volume of 3.6 million , hardly a mass exodus.

Well, just swept up a few more at 366p, nice

Such small volume this morning , yet we see another large drop.

Another day of bargains and rollercoaster rides, and maybe stress for those who might feel concerned.

My advice , make yourself a coffee do a news search of " green hydrogen " or have a read of the latest copy of H2 View magazine , if you subscribe , then go off and do the gardening for the day, come back in, eat tea, put feet up and think of where we will be in 5 years time.

Well I for one am glad to have Linde on board as an investor.

You only have to ask yourself why a company like Linde invested in ITM Power, could it be that this well established player in the gas market knows it needs partners to work with to maintain future growth.

Makes perfect sense to me ..........

https://www.gasworld.com/linde-reports-record-number-of-small-on-site-contracts-in-2020/2020866.article

We have been there before and in reality nothing has changed since last week apart from we have learned that ITM Motive is expanding in an ever growing market.

A good read below and just makes me realise that buying on there unfounded dips is the right thing to do.

Some good reminders that ITM Power is a key player in the green hydrogen marker in this article.

https://www.pv-magazine.com/2021/05/04/the-hydrogen-stream-rosatom-edf-join-forces-shell-builds-europes-largest-pem-electrolyzer/

There will be some worried EV manufactures about once Toyota roll this out into the mainstream.

https://www.thisismoney.co.uk/money/cars/article-9540603/Toyota-Mirai-review-second-generation-hydrogen-fuel-cell-car.html

Rectified now