Yes. You would think whoever recently invested at 12.1p will be hoovering up these shares before the trading update. Hoping to make a third top up this afternoon if I can free up funds in time. I am expecting a strong bounce back this week, just hope I am right
RE: The new ITM price target of 550p18 Jul 2021 15:52
When there is caution and this is weighing on the share price this is the time to buy stocks if you believe in their future. The transition to green energy will occur rapidly over the coming years. The human and financial impact of the recent extreme weather in Europe will be yet another economic and more importantly social-political argument to make the technology main stream. I keep topping up whenever this dips under £4 as I am super confident that this proven technology will form part of humanity’s response.
Well after a quiet couple of weeks I’m hoping that the H1 trading update will be out this Wednesday. It will be interesting to see if there’s any uplift in price on Tuesday prior to the update. Hoping for a positive update which gives us some additional insight about current and further developments and growth. Its clear from the last presentation that there is loads going on with new product development and new customers but would be good to read it in an RNS. The new investor would not have bought in at 12.1p if they didn’t believe the same! Good luck all!
Thanks Dougerboy and AJP some interesting Stocks there. I’ve just made a modest investment in FTC and ENET. Both stand to benefit enormously from 5G and both have tiny market caps of £24m so if either hit the big time could be ten baggers.
Thanks Dougerboy and APJ as a matter of interest what other U.K. shares do you hold? My second largest U.K. holding is ITM which like ITX is about to take off in this new era where environmental savy businesses will rule! Check out the Gigastack project for an idea of the scale of investment.
JPMORGAN has only trimmed the target from 9053 to 8915. That’s a potential 58% upside from here. I have ploughed my money in this morning absolute bargain IMHO. Good luck all
I’m expecting the RNS to come next Wednesday with H1 trading update and a bit of a narrative. As you say we’ve only recently had a presentation. I think the market will be looking to see how month 6 compared to months 1 - 5. If there’s improvement and/or a positive narrative on predicted H2 then share price will jump up. Alternatively if there’s been no real change in month 6 and we don’t get much of a narrative then the share price will stagnate. I’m quite optimistic after the recent presentation that there will be positive updates coming.
Someone’s getting a good deal with 30% off the share price. I could see the justification for a price of 180 or 170 even but 140??? That’s just not cricket!
The fall in share price is directly related to the Covid rebound not the business which is booming looking at today’s figures. The trends that have driven Ocado over the past 15 months are not going to disappear and more and more countries are going to follow this model. IMO the current SP is a great buying opportunity and I will be investing here for strong medium to long term gains
I’m more excited about Stereax. There’s so much competition for EV car batteries like Goliath but at the other end of the spectrum there is much less competition. Everything is getting smaller and most things need power!
With revenues up 39% M1 to M5 the expectation for H1 will be for revenue of 1.53m compared to 1.1m in 2020. Anything above that needs to be seen as bonus and evidence of even further progress. I think we will receive an upbeat update based on what I thought was a very upbeat presentation and answers to questions last month. I know not everyone was as enthusiastic as myself but hopefully the next trading update will put the spring back in everyone’s step! Good luck all!
Sh*ts gonna hit the fan over this!2 Jul 2021 00:47
In tomorrow’s Telegraph… “European holidays could be off limts to 5m Britons given Indian-made AstraZeneca jab”. Up to five million Britons face being locked out of European holidays because their vaccines are not recognised by the EU's passport scheme, the Telegraph has learned.
Millions of vaccines administered here do not qualify for the European Union’s vaccine passport scheme, because the shots were manufactured in India and are not yet authorised by the European Medicines Agency (EMA)
The hitch could leave thousands of Britons turned away at EU border crossings when the batch numbers on their vaccines are checked digitally.
I have topped up twice this morning as I believe a re-rating should now occur following a very positive RNS. It will be interesting to see what the brokers now forecast.