Member Info for Seaangler

Tesla started down but now swinging up as is Plug Power. Nothing for sure but they could heading the other way.

Mind you , what with the sea level rising......? Gut feel is the SP will recover Joker. At least we’re on a good bet whilst the wheat gets sorted from the chaff/naff hopefully.

Trouble is I couldn’t live much further away Joker. One day though.....

Same here. Replaced some I’d previously sold. May drop lower but the tide goes out , the tide comes in , maybe not twice a day but it will happen.

Just spotted Linde’s RNS re supplying the worlds 1st Hydrogen powered ferry. ITM mentioned. Could someone pull link please , not able at mo .....

Hey , we’re talking shares. What goes up will come down. But what comes down may well go back up. Seems to me we are surrounded by fantastic news of mega commitments to H2 , more so than ever before. Blue chip companies aren’t produced overnight and neither are their valuations. The trouble is , if you suspect/expect it will come about , WHEN do you buy in? You have to make your own mind up and you have to put a valuation on where you hope to end up. In the scheme of things ITM’s valuation of a few £Billion may seem a lot today but in the medium term that should prove to be peanuts , the markets are that big. You can’t blame anyone for jumping ship especially if newly on board but personally I will be holding and treating this as a top up opportunity. Good luck whatever you decide but don’t get frightened off or ramped in by posters on here. It’s your money not theirs.

Major bounce back in the States. Monday may not be so bad. GWA

Given your LSE handle , what will you name it McBF?

Smithy is right. There’s nothing exceptional about the sells. The whole area has been dragged down on general sentiment. The sentiment question being ‘has this area grown a bit too quickly’. As to how the drop has happened given the actual lack of sells vs. buys I really don’t have a Scooby. I suspect a gradual recovery over the next month or so hopefully accelerated by contract news.

Not wanting to add more bad news but the situation over the water is looking even more dire. Plug Power down 16% and Tesla another 6% or so. Hope they pick up before close or tomorrow may be a day to go fishing.....

Well done McBF. Inclined to check your maths or maybe it’s just tea time....... Let’s see if he responds?

From memory I think they are doing pretty well but recent results were down on margins. More importantly they’ve been tarred with the green brush. All this talk about bubbles etc. I used to hold Vestas (made me a lot of money in truth) and they would probably be a good investment now following the dip but I tend to stick to this country.

I suspect his calculations are suspect SKC. Vestas are launching a 15MW turbine as I write. I wonder how that would affect his calculations? Each one is able to power 20,000 homes from memory which is pretty staggering. I reckon that 135m x 135m area could get shrunk a fair bit.

Hydrogen production will get cheaper. “They” said exactly the same about wind power. Green energy goes to waste at times of low demand. These occasions will increase as more green projects come on stream. Hydrogen produced from these ‘occasions’ can be put straight in to the grid. Ignore transport and all the other potential uses , this grid opportunity is a massive step to aid carbon reduction. The focus on efficiency is of course relevant but it some ways it is over complicating things when in theory wind and solar power sources are inexhaustable. Delay green H2 adoption and the result is a delay in the demise of FF’s. I presume the Prof didn’t factor in any climate catastrophe costs? Dangerous man/fool/Tesla payee.

New market for my bike shop....

I’ve just written to him. Couldn’t resist. Threatened to shatter his kneecaps ( not really ). Wasn’t very polite though. I think a lack of common sense got a mention once or twice..... signed it Smithy (again not really). I’m sure one or two here could make a better effort? Fill your boots!

Thanks Lutra. Probably me but I didn’t think he explained it very well. In any case , still a good incentive to get things done over the next two years. I would imagine , like the stamp duty deadline , things will hot up as time goes by.

.....or is it. Maybe a very clever back door way of coming up with our proverbial chicken ( or egg?). Offer is open to all industries so can’t be accused of bias. All the recharging or H2 refuelling sites you could wish for courtesy of the taxpayer? Whatever happens I bet there’s been a few contract discussions at high level this afternoon......

Thanks Toneman. Got to stop this thinking lark , it’s hurting now...... how about substituting the rigs and tankers for H2 refuelling equipment , country-wide? Sunaks promise , won’t cost a penny , in fact we’ll pay you 30% on top to do it. Is this really a possibility , if yes , great but what a ballons-up (pardon my french).

Ok , so watching the budget it seemed a great announcement. Let’s get investment going , let’s get projects on the move , let’s compensate for Covid , let’s compensate for Brexit. Could be good for ITM’s customers , could be good for ITM.
However , the more I think about it the more I wonder if this is a last minute “sounds good let’s do it” boardroom type discussion which hasn’t involved a lot of brainwork. I don’t recall any limitations to this , such as green projects only and certainly no caps. So my initial question would be , what’s to stop BP ordering £50B of new oil rigs and tankers , the government paying for the lot and then handing over another £15B on top? What have I missed?