Member Info for Seaangler

Sorry .... actually a large post-it: THIS IS NOT A RAMP , I ENJOY MATHS and used to do a lot of sales forecasting. All assumptions open to question , major ones highlighted. Figures taken from government stats where available. Question: Is the transport sector of interest?: UK vehicles on road. Cars 32M , Vans 3.5M , HGV 0.5M Average Miles per annum: C 8k , V 14k , H 30k Average mpg's: C 38 V 33 H 10 Inferred gall/yr: C 210 V 424 H 3000 TOTAL Gallons consumed/annum = 9.7 Billion Assumptions: 1kg H2 equiv to 1 Gallon of pet/diesl , 1kg of H2 to sell at £5 ( not £10 as current ) ITM pick up 5% of UK car/van traffic and 10% of HGV traffic ( battery lesser option here ) ITM Revenue / annum = £2.8 Billion More assumptions.... Earnings after all costs etc = 5% of revenue , MCAP = 10 x Earnings Gives MCAP of £ 1.4 Billion and SP @ £5.60 All open to question and calculations not checked. Bit of fun.....

There's room for both. Batteries (Boooooo) , H2 (Hurrah!). A few % of either of our two main pies ( transport/power) will do me.

Wenglish. Spot on on all counts. Very exciting place to be.

What you record Neighbours on isn't too crucial in the scheme of things and is certainly a poor comparison bearing in mind your previous observation that the transport market isn't very big cf power?? In this case there is so much riding on which way we go and so many significant interested parties that I have very high hopes of common sense winning out. This is coming through within ITM's partnerships , their new contracts , their considerable increase in sales and as a consequence their SP. The latter being considerably behind the game despite gains.

Looks like some sizeable purchases over the last 2 days? 100k and 200k multiples. Can't be certain as they were mid spread @ 28p but usually this kind of volume gets a lower price and affects the SP adversely. Anyone like to own up? Could be someone cashing in too ..... don't want to be accused of ramping.... again .....

If she doesn't know where her Nan lives then she should doesn't deserve to win. Love cheese!

I meant to infer that it was a bit of a dream at this stage but given a fag packet and the potential £2 isn't a dream whatsoever. If we become a major or even medium fuel supplier then £2 is peanuts. Plus we don't have to drill holes or pay for fuel spills(..... by the way this was £3 at one stage..... I should know....doh!) Apologies if it seems like ramping, it isn't . I fully intend to stay on board because I have high hopes so any increase in SP is great but I'm not trading it. You may be correct , we may see a drop but equally , so what? Never seen an SP without ups and downs yet.

Agree with you on all counts. If they can ( be allowed to ) go it alone we could all be rich Rodney! Suspect a takeover will be the end shot but I don't think I'd back it personally...... unless it's some time away and the SP has improved substantially. Think I'd take an SP of £2 ish and an offer of say £3.50 or so? We can dream but you know what.... its not that ridiculous given the numbers involved.

But what , as an investor , would you prefer? Where does the life changing holding lie if H2 does what we hope/expect?

Sorry. I believe if you can demonstrate that you hold 25000 shares you're entitled to a 'staff discount' of up to 40% on FR purchases. You may have to hold them for a while (makes sense) but I'm not sure how good the discounts are ie. how widespread the scheme is , all brands etc. etc.

Good evening Spicey. I do know what you mean but personally I won't be worried if we're not cash flow positive as yet. It might have a small effect on the SP but I'm not looking to sell up any time soon. This is still extremely early in terms of where I see us ending up , so just like any other medium to large outfit investments must be made. Don't get me wrong , it would be great to be self funding but I would see this as a stupendous result. Even if we have to raise new funds I think there will be plenty of support because it will be funding rapid expansion not a budget shortfall. Also agree we have some great contributors...... any views on whether a buyout would be welcomed or would people like to ride the independent wave like me??

Hi Spicey. Tempted to agree re the recent rise but I think we've been limboing under the radar for quite some time. Pipeline increase is accelerating plus there's a massive focus on this area both worldwide and in particular locally with recent government decrees. In some ways the recent rise has actually been steady too , there doesn't appear to be any hidden agendas just people reaching logical conclusions given the options put in front of them. I guess in summary I'm happy either way but the 'slow burner' profile may prove to be inaccurate. Given ITM's pole position and the scale of opportunity I'm leaning towards 'blue touch paper'.....

True. New store should do well. Just getting back in to coarse fishing. Live too far from coast and getting too rusty to dig lug! SP going well today. Is the 25000 shares and discount deal offer worth having anyone??

Cheers Flap. I guess now would have been the time but hey ho sometimes you have to go with gut feel. Trouble is now's also the time to go all in and retire early on the result. Never been an all in guy though. Itsa. Couldn't agree more re dead duck batteries cf H2. Not so sure about Trump. He's a prize A Whole in my opinion and a dangerous one at that. His withdrawal from Paris has probably helped our cause but only unwittingly. He's such a big headed dimwit where climate change is involved which is ironic given his wish to play god. Now....... shall I get a few more....?.....

I'm too miserable for all that. Think this will do well ultimately. Not one to hold your breath on though.

Still contemplating another purchase but ( for me ) I already have quite a few. Was kind of 'hoping' for the usual drop following recent good news articles and RNS's but can't see it at the moment. Thing is I've bought so many times over the years expecting the good times to kick off , now it's happening I'm actually finding it harder to buy. It's probably the eggs and baskets thing. Looking good today.

Get the feeling that the governments 2040 blanket bans on diesel and petrol cars has raised the ante considerably. 2040 is a long way off but look at the quantity of press pieces abounding and the ongoing project reports coming out of the woodwork. People are being forced to look at the future and a great many are quickly concluding that H2 has a key part to play. Encouraging how the SP has stood rock solid during this dodgy week too.

.... c. ock ...

If they do need more money it's because they want to expand. Who has a problem with that? What's a premium member? Sounds like a big ******* ? lol

Given time this share will do well. Biggest participant sport in the country and all these guys are happy to spend on new kit, run of the mill stuff, bait etc. By it's very nature it's going to be boring..... it's not drilling for oil , it's not prostituting for new contracts , it opens the odd shop every now and then. On the plus side it's pretty safe , it's growing steadily and has considerable scope to grow massively. It is doing well via the net and as it grows it can negotiate better terms with suppliers. It's SP will be purely results driven so investors should look away and not get bored in to selling. There's really not too much to go wrong with their approach to business and I can't see any bear traps. Safe and good time to buy given recent SP drop caused by boredom. Tight lines!