Member Info for psmith64

Anyone else holding Norwegian shares wake up to a big loss showing on their account this morning ?

It seems HL have valued these shares at the NOK value instead of pence wiping £ 1000's off the bottom line

A good read from Bosch.

Somebody has to produce the kit to feed their fuel cells....

https://www.h2-view.com/story/bosch-to-invest-e1bn-into-fuel-cell-technology/

This is a really good article in the Sunday Times below and the more I read into it Hydrogen really is the one of the best options to achieve net zero efficiently.

The gas grid is in place and eventually, after a 20% mix of Hydrogen using existing boilers, it can take 100% hydrogen with a replacement boiler.

That will be a lot easier and less costly than trying to retro fit heat pumps to existing housing stock which will still make up most of the housing mix over the coming decades.

Heat pumps do not really work well with radiator systems where the preference is to use low underfloor heating , most homes are currently heated by radiators so a future hydrogen boiler heated home for existing housing stock will be the best option.

It's easy to integrate Hydrogen into existing fuel stations , not so easy and cost effective for electric car infrastructure, people would prefer a quick fill up option to give a 400+ mile range in juts 3 minutes , pretty much what they have been used to. The biggest AA breakdown call out is electric cars running out of juice , this does not bode well for the long term future of electric transport.

Both China and Japan seem to be the real early adopters, the world will follow.

A lot of people are playing down Hydrogen in my view because so much has been invested in other areas that could become obsolete due to Hydrogen taking hold.

It's going to be a very interesting decade ahead.

I am glad I stuck with it over the last 6 years where all the same negativity existed , financially it's been life changing for me the last 6 years being invested in hydrogen , and I think the next six years will be even better.

Yes I have taken a lot of profit the last 12 months , but I remain well invested for the future , there is a lot more growth to come in my opinion.

I would be very worried if I was Elon Musk, he has a lot to lose if hydrogen wins the day.

A good read below .......

https://www.thetimes.co.uk/article/ce8921da-a43d-11eb-9808-bf328d2144aa?shareToken=b6bbf798b8e45407fec87abb186717f2

Yes Oldbrian for the the moment. I guess it's the problem when people are sitting on a lot of profit and the MM's are doing their best to try and get some to take the profit.

It's not really working though, still no major sales but I guess no major buyers in the market yet, time will change the latter as the contract RNS's get larger and more often.

Good to see the SP rise above 500p again after justified good support levels in the 450p - 499p range the last couple of weeks.

A good steady flow of RNS's reinforcing the value of the Linde link up.

Next stop 600p and very likely not too far in the distance.

A good hold at the moment and a strong buy for anyone wanting to dip their toe in the water.

Today's SP will seem extremely cheap in five years looking back is my view , just like the last five years really when it was a real punt.

Very much de-risked now compared to when I first bought , worth doing your research if you have yet to buy into ITM.

A great read and good news on Keele university project which looks like it's being extended due to positive results.

Looks like this could initially lead to a national roll out of the 20% mix of Hydrogen whilst we await 100% inside the next decade.

This could have a swift major impact on the SP over over the summer.

https://www.thetimes.co.uk/article/c90ccade-9e9a-11eb-9528-e3733dc789af?shareToken=cab8df19008820a2347583611f7cd8d4

And also SaleSale, there is no one being frightened into selling at giveaway prices.

Been an investor just over 6 years and very confident where the SP is heading in the next 5 years , and it's much higher than now.

Just over 1.2 million volume .

What does that tell you ?

Correct, nobody is letting go, that says it all really.

It makes you wonder when the price drops.

With an additional 10 MW added to order at today's price of £ 800,000 per MW that is circa £ 8 million.

Just topped up at 480p, I feel like I have legally robbed someone.

Back in September 2020 ITM reported a 10 MW for the Scottish Power project .

This latest news today states a 20 MW Electrolyzer . Hopefully a revised RNS to come..........

https://www.thetimes.co.uk/article/8b812490-9ad9-11eb-a908-ec96e110073e?shareToken=4179110f7b7406b899b5dc4694bc9271

A really good read below confirming we are right to keep on putting our faith in ITM Power as well as the other Hydrogen shares some of us hold .........

https://www.rechargenews.com/energy-transition/catalytic-billion-euro-hydrogen-fund-led-by-former-air-liquide-vp-launched/2-1-993043

Can we see 500p today.

Quite possibly. There has never been a better time to invest in the Green Hydrogen players.

That was a happy ending.

Barclays initiates coverage with a guide price of 800p

Fill your boots at today's bargain basement price before it's too late .

BARCLAYS INITIATES ITM POWER WITH 'OVERWEIGHT' - TARGET 800 PENCE.........

Fill your boots at today's bargain price before it's too late.

When you log into your HL account for the first time in the morning.

I know one day we will be above 1000p , that is what keeps me invested because that is going to make a major difference from where we are now.

I would imagine the 300p brigade will be quiet today, glad I took a few more yesterday.

Maybe off the back of the ITM video release yesterday there is a nice RNS coming. Lots of job opportunities still be advertised. This is a company going places in my view.

Just put green hydrogen in a Google news search , then do some reading of what comes up, sit back and relax , and remember we are invested in a company with the world's largest Electrolyzer factory , fully funded to expand.

Nice , I can see the £££££'s before my eyes.

Graham Cooley giving us some insight into the future of ITM and a look around the new factory .......

https://www.linkedin.com/posts/grahamcooley_itm-power-bessemer-park-the-worlds-largest-activity-6780938968050515968-pCVk

Nicely put SattelitePro.......almost poetic , but very true.

I think back to when I first had a Plasma Screen TV and paid and arm and a leg.

Now everybody has them. I believe in the future most homes will have their own Electrolyzers.

A good read Bilbs, especially as ITM have now gained access to the Japanese market as per their last RNS.

Somewhere down the line some that missed this and put the two things together will realise what a ground floor opportunity ITM Power still is.

The fact that we have toes dipped in Australia , across Europe , Japan and here in the UK as this stage of the Hydrogen economy only reinforces my conviction to remain invested over the longer term.

Not sure if we have hit the bottom yet , but 408p was too tempting to resist , so another top up.

I stick with my previous comments that this is now a minimum 5 year long term hold and with where ITM are now , fully financed for their future growth , we will look back on this past month or so as bargain basement territory.

Having been a long term holder of 6 years , you do need nerves of steel at times and the sensibility to take some profits along the way and diversify.

Good luck everyone and to those new investors in recent times , hold your nerve , I will be very surprised if we don't see the SP surface north of 600p sometime during the course of the year.

With the pipeline of contracts that ITM are involved with the RNS's will become a weekly occurrance at some stage.