RE: What happened28 May 2026 11:29
It seems inconceivable I know, to some, that the ITM SP could be a five to ten bagger or more, in time. But I saw this happen with Rolls-Royce. I bought in at Β£1.50 in the Spring of 2023. The market cap was around Β£12.5 billion. The SP is now over Β£13 with a market cap of Β£108 billion. Turbo Tufan as he has become affectionately know, had taken the helm early in 2023, and described RR as "a burning platform". His blend of perspicacity, prescience and strong leadership skills, turned the company around, into the engineering behemoth that it is today.
I bought into ITM with my ISA & SIPP funds 2 days before the Rheinmetall deal was announced. The returns have since then have obviously been outstanding. But, my eyes are truly fixed on the horizon of what's coming down the track. There is simply so much positive news for ITM, juxtaposed with a very strong financial footing, no debt, a cash runway for the medium term, rinsing out of loss making contracts, a world class product range that is scaleable and is a vital part of the global shift into green hydrogen. Plus, the backing of UK PLC.
Yes, there will be down days aswell as up days, but if 40 plus years of investing, has taught me anything, it's that investing in the right company with all the right metrics in place and being patient, can really pay off.
All the best π