Neptune V with Chronos instead of Trident? |
Barney
Try 250mw you’ll be a little closer then. |
Hydrogen powered trains ?
Methinks not due to latest battery improvements in cost/range/longevity
Over 60% of the UK Netwowrk in not electrified
Which means diesel train pollution continues apace |
Graham they are selling no where near enough to break even 😂😂
450MW a year imo is break even this outfit are only halfway there so another phat loss on the way |
Traders in and out today investors turn to top up tomorrow 😉 |
Norbus
Australia would be excellent for ITM. I am pretty sure that the Aussies will not be 'soft' on China, having relatively recently had their fingers burned in selective trading restrictions. I think the AUKUS submarine purchases also tell us a lot about Australian perceptions of China. |
 Sphere25
Helikon has done well out of AFC. They started early in ITM, becoming 'visible' in Oct 2021. They have taken £6m in two bouts of reducing their short in Jan/Feb 2022 and Oct/Nov 2023. On both occasions, they increased it again.
However, I think they stayed too long, and could have taken a great deal of money before the trading volume dropped off to current levels. They did not recognise the timing of their strategy and held on after the 'market' capitulated into boredom with both this share and hydrogen sector. Now they have a big position that is very difficult to get out of. Perhaps their strategy was based on expecting ITM to go bust.
Helikon is also in AFC but much later, starting on July 23. As a result, they are currently @9.5p, about £450k up, but have 26m shares to buy back, where the average daily trade volume is a little over 2m shares. So, they are also a bit stuck but much, much closer to getting into a loss quickly.
Qube has shorts on CWR (June 23) and ITM (Oct 23), both of which started much later, hence missing the initial big price drops. Qube's strategy is different in that they make multiple in/out regular changes, skimming profits off in CWR. They have taken out about £1m profit and have unrealised about £1m. IN ITM they have taken out £270k and have £550k unrealised.
All three are now in the same boat of very low share prices, showing signs of real and sustainable recovery and reasonably chunky short positions.
It will be great fun when this finally breaks loose. |
Australia is now subsidising green hydrogen by $2 /KG .. we are expecting a touch down there |
We need Pelosi to pile in...;\ |
Not even sure this lot has a working electrolyser. Anyway at least 2 years behind ITM cutting costs and another one to bite the dust IMO.
There are contracts out there providing you actually have a product that customers want.
German electrolyser maker to cut 120 staff due to slower-than-expected growth of green hydrogen sector |
Good posts you two...
Going to be interesting at some point in the future...but:
The market can stay irrational for longer than you can stay....? or words to that effect. |
THere is no doubt it will go up.
Helikon are @34.5p £15.3m to the good
Qube are £550k to the good.
Their problem is that due to very thin trading, they cannot get out without:
1) pushing the price up materially
2) being seen to be getting out which will be like a fire alarm pulling buyers in super fast and the price will explode
Either/both of which screws their profits royaly.
They are stuck between a hard rock and a rising tide. |
 Nice summary bmel.
I'm a recent onlooker, sat on the sidelines. Just getting a feel for ITM. Curious enough to keep this on the watchlist, on the back of these continued Neptune orders worth £4.35m each.
The orders keep coming, but the market is still saying the cash gets eaten through, and ITM falls over from here. That statement caused some uproar last time, but that is what the market is saying - not me. Even today, with the bid at 35p in morning exchanges, those sellers just sat on the offer like a brick wall from 36p. The price has gone flat, it can't even hold a positive move on the back of this news.
It was an absolute statement in the morning from the order book: YOU ARE NOT GETTING THROUGH HERE!
It wasn't even a contest.
But the news is encouraging.
IF those orders keep coming, this is the sort of share that can be very rocket ship. Unsure how many orders it is going to take to break the back of all sellers, but an interesting watch to see if they do follow, and whether the market begins to believe in the bullish story here.
Really want to see the buying pick up. Not even close right now.
Noted Helikon recently with their short positions. These folk are sharp. What they are shorting has been bang on the money. They're currently in this, AFC and Petrofac above the net short 0.5% disclosure threshold. But they have also been short of AML, VCP...and that is all I can see.
I mean it looks flawless glancing through - that is so rare. You get shorting in all kinds of companies and think..."Is that the one they go after??? Really??!"
It looks like someone is shorting VCP of late. Don't know if it them, but impressive moves.
I'd be noting them covering their current short of 2.91% here IF they believe this isn't going to chew through the cash to the point of needing rescue financing.
You know folk won't agree with stuff like this, but the market does the talking and the chart and exchanges paint the picture.
I'm just going to sit and watch from the sidelines and hopefully more interesting fundamental posts follow.
Don't get angry....tell us why the market should buy and this should multi-bag!
Watching from a distance.
All imo
DYOR |
It will probably go up...
The market cap already matches its cash pile..
Any lower and you are basically getting the shares for free
(eg if the company ever went bust, you would actually make a profit - weird but true - as the assets (cash) will be bigger than the cost price of the shares).. |
So the market reacts as if itm are giving these away as freebies... loss leaders wtf. The 'market' really hates itm. Not everyone does. |
God help the outfit if they issue a bad rns
😂😂😂😂 |
Oooo nearly Red |
ITM is out of favour because it is hydrogen.
The hydrogen sector was over-inflated and has now crashed in over-correction.
This applies to the sector internationally, as well as in the UK.
However, the 'great fluff' of endless mega-investment projects has thinned considerably as credible projects and 'wishful thinking' have separated, and the over-scale and too-early investment in electrolyser manufacturing capacity is now slowing fast. We are also seeing early-stage consolidation in the sector, and happily, ITM is the 'loads of cash in the bank' team, as opposed to the 'loads of space in my brand new and very expensive factory' crew.
The two significant factors that are not yet 'settled' from a potential institutional investor perspective are:
1) Trump and the zero-green USA market - true or false or to what extent and for how long?
2) China - will Chinese-built kit swamp Europe/Asia/Middle East/Latin America markets and we see a re-run of solar panels and, increasingly wind turbines. So far the EU seems willing to resist - the others who knows.
As to the ITM price movement today, it is the same as when ITM, Ceres, and AFC make a positive announcement. The Helikon and Qube shorters pour selling sauce on the lowish volume upward trading and, in the absence of more positive institutional sentiment, can easily put the brakes on the price. I think they are also selling and then buying back at the lower price to protect their short positions, which in total are worth more than the sales value of this morning's contract.
The upside is that the short positions are not sustainable indefinitely. Sooner or later a hedge fund that wants to catch, or initiate, the rise to 'normal' value in the three businesses will recognise this opportunity and the shorts will be squeezed out in a very short time.. |
A GBP 17 million contract to sell 4 Neptune V was announced and the market says so bloody what..
ITM is not investor friendly, accounts understating the true and fair view of net worth which far exceeds the 35p price at which massive options were granted |
Today’s order may be the first of many fingers crossed |
So fall purely on sentiment..
Which I guess for new investors like me is good news.
We LITERALLY are getting great value..
provided you believe in GREEN HYDROGEN..
And I obviously do..
Loads.. |
As long as orders keep coming in the current share price can do as it wants. |
It's trading around cash per share here |
I suppose sellers use good news to bail out |
Register to chat with like-minded investors on our interactive forums.
Hot Features
Premium
