Itm Power Share Discussion Threads

[gimmethefax] 17/11/2022 11:56

No idea, Skinny.

Don't use Twitter, just put the links in the header, hoping that others will monitor.

We shouldn't have too.

[gimmethefax] 17/11/2022 11:55

Oh yes, many top guys stood by and let this happen, did they not? - or they were blindsided by the artist too - embarrassing, or sinister.

- don't care, just get it sorted.

[gimmethefax] 17/11/2022 11:52

We were told that GF2 and beyond would be announced at 60% capacity at Bessemer, so... we received that green light very early too, it seems - a false start indeed.

Soo, lets all line up and start again, on an honest footing, please.

[grahamwales] 17/11/2022 11:49

Just been looking at cost of fuel for petrol vs electric vehicles and even before next April rise in electricity costs EV is no longer cheaper than petrol cars.

There is no way the government are going to meet emissions targets by 2030.

I also here EVs will now be paying VED.

EV’s sales will drop substantially over the next couple of years IMO.

[gimmethefax] 17/11/2022 11:45

Will we receive a speedy update, to let us know that the tooling has been finalised now, and things are moving..? I certainly hope so, and therefore, if things are well, this should be by the end of year, latest.


What was it Graham said again, several times, and possibly in black and white financial reports...?

"serial manufacture has begun.."

What else can an analyst take from that..?

[5barney] 17/11/2022 11:30

Been playing flaming grooves Slow Death in Barneyville full blast in honour of ITM
Miss B having trouble sleeping at night She said she doesn’t like the sound of the moons and we should move as desperate people do desperate things
I said baby,true love is the poor man’s gold an it cuts deep into the soul.I’d die on the cross for you.
The moons may be living on the edge of a razor blade. But no bad moon will rise in our valley.

[norbus] 17/11/2022 10:41

Jeffries and most analysts understandingly have to err on the VERY CAUTIOUS side.. So the analyst has indigestion of the bullish view he originally took. Now we are given the worse case and the disaster scenario. No middle ground, and not even a hint at a possible decent scenario.. tuck that under your pillow and snore away!

[skinny] 17/11/2022 10:06

And why not!

[moontheloon] 17/11/2022 09:53

Things will be happening re motive vitol

[grahamwales] 17/11/2022 08:41

Why aren’t Motive teaming up with these. If they want to sell these vans they are going to need hydrogen.

Amazon would be a big boost for them and have their own renewable energy source with Solar panels on the roofs and a wind turbine.

[melegramforttongo] 17/11/2022 08:21

🍜 tiny Timmy moon broth 🍜

[5barney] 16/11/2022 22:05

The panels are literally in a rack laying in floor
Yes u can tilt them. Maybe moon could do that well never bother lol
Last week or so only bout 5 from panels which is awful. But still enough with the heroic turbine.
I’ve turned turbine into art as I have an old crashed car shell up against it.
I think there beautiful unlike panels

[moontheloon] 16/11/2022 21:53

2 months now . Got to be a new CEO at least named very soon ...

[moontheloon] 16/11/2022 21:46

Analysts are not as anal about figures as the name suggests

[melegramforttongo] 16/11/2022 21:36

grahamwales16 Nov '22 - 21:21 - 24028 of 24028
0 0 0
How can earnings be reduced by more than £45-50million with more delays when they are already forecasting revenue of £29million. You can’t have minus revenue lol.


👆🏿👆🏿8070;🏿Ԁ70;🏿

Graham , if anyone can have minus revenue it’s you mate .

No one is forcing you to hold ITM shares .

Number 8 on the list ….

Go figure …

[grahamwales] 16/11/2022 21:21

How can earnings be reduced by more than £45-50million with more delays when they are already forecasting revenue of £29million. You can’t have minus revenue lol.

[oapknob1] 16/11/2022 20:22

ITM Power has had forecasts for 2024 revenue slashed by 60% to £29mln by US broker Jefferies, which is also predicting a weaker long-term outlook. Overall, Jeffries forecasts 2023 revenue to be 12% lower than before but warranty issues mean 2024 revenue is expected to be around £29mln against previous forecast of £75mln.Jeffries stated that "delivery of tooling equipment associated with manufacturing of its first-of-kind 2MW MEP 2.0 stack" is not expected until next month.If contracts can be delivered on time revenue is expected to be at the bottom end of guidance but any further slippage and "there is material downside risk to guidance." ITM using a first-of -kind product with higher warranty provisions due to lack of data.Any more delays could lead to a £45-50mln reduction in earnings guidance and 'material new project wins are now needed to underpin revenue growth expectations'.The broker's price target is reduced to 105p from 185p.

[skinny] 16/11/2022 18:26

Uncrossed 1,008,028 @90.30p.

Helikon increased their short by 0.08% - total now 4.85%.

The tide is definitely out in the hydrogen sector harbour today with UK participants hit more than most - no surprise there then!