Member Info for SatellitePro

Here it is again for any who missed it.

https://www.rechargenews.com/transition/green-hydrogen-itm-power-s-new-gigafactory-will-cut-costs-of-electrolysers-by-almost-40-/2-1-948190

Look at the combined market cap of the fossil fuel industry and take a guess at what % of that will flow our way over time - possibly rapidly at a tipping point or multiple tipping points (think of the rapid rise of Uber/AirBNB etc). There will be some on this Board who sold up at £2 and £3 thinking the SP had gone way beyond its limits....... We are in a different world and the 21st century needs 21st century solutions not those from early 20th century. Investors are gradually getting that message but when it really hits home..............

Worth asking Elon Musk just to see the look on his face:-)

Mentioned in today's NG investor seminar

https://www.nationalgrid.com/uk/stories/journey-to-net-zero/high-hopes-hydrogen

Future of Gas including Hydrogen
https://investors.nationalgrid.com/results-and-events/seminar-centre/2021

https://insideclimatenews.org/news/07012020/pete-buttigieg-climate-change-global-warming-election-2020-candidate-profile/

Brilliant - amazing to think we own a piece of this 21st century catalyst to kick start the new hydrogen economy. A dream come true - the first of many!!!

Thurs 2pm Future of Gas (including hydrogen)
https://investors.nationalgrid.com/results-and-events/seminar-centre/2021

I remember a new poster here who bought in at just over £3 and was gutted as the SP then dropped back to mid £2.50s. Not that long ago. Says it all really.

Think 5 years not 5 days imho - we have been a bit spoilt lately......

Interesting how long we took to break through £3 compared to the subsequent rise to £6. Covid stimulus effect combined with Biden victory and strategy helping a lot.

On that note if M&S had gone ahead with ITM on the FLT trial and bought in like Walmart did with Plug......

Yes it is the sudden Plug/Renault announcements that are creating the SP surges; I get the feeling that there are more in the pipeline possibly affecting ITM and the other new technology renewable shares we are investing in. The big traditional companies are circling ready to pounce to avoid falling behind and becoming dinosaurs. The beauty of it is that they do serious due diligence which adds confidence that the SP of the target company is not unrealistic plus they will have quantified the future strategic benefit of the partnership to both parties. The old days where we took all the risk on a hunch are now over.

Guys last week was my best ever in the markets but with one fail I want to share with you as it has taught me a lesson. I sold some Hyundai shares at a decent profit for CGT reasons but my wife delayed buying back in, hoping for a little extra gain that way - big mistake. On Friday Hyundai went up 30% and yesterday up a further 28% on news of possible involvement in Apple's EV venture. It may well fall back again but my message is don't take anything for granted at the moment. If a boring share like Hyundai can have gains of this order be extra careful with trading ITM etc and don't get caught out if the market with your pants down!

Barchart Technical Opinion
STRONG BUY
The Barchart Technical Opinion rating is a 100% Buy with a Strengthening short term outlook on maintaining the current direction.
Long term indicators fully support a continuation of the trend.

We are up 47% over the past month. Just having a short breather along with the rest of the renewables that had significant recent rises last week.

Welcome Indebt1. Very interesting to have someone on here with intimate knowledge of the factory. Will you be returning there at all in the future? Regarding buying at this price you could hedge your bets with smaller chunks at intervals to see how it goes or hold off a bit till this new level seems safe.

Apologies wrong link - try this one https://www.ft.com/content/73505b3c-acd8-4bd5-b91a-fddfa2f331fb

https://www.cnn.com/2020/12/27/australia/australia-renewable-energy-climate-intl-dst-hnk/index.html

Welcome Cooley - fingers crossed for a memorable 2021!