So the adjusted EBITDA loss between the 1st and 2nd half has fallen by roughly 50%.Looking forward to update on the 15th. |
It doesn’t matter what these guys publish
The shares never go up 😊
It is so safe for short sellers
Made me chuckle when I read the rns because they would have been better saving the money and publishing that with results |
1 day out with your prediction but not the news you were expecting |
Not bed. PLÌD THE 500MW and the red goes black. |
more great news |
Our trading update announced on 6 June 2024 stated that we expected the EBITDA loss for the 12 months ended 30 April 2024 to be between £39.0m and £44.0m, improving on the previous guidance of £45.0m to £50.0m.
The EBITDA guidance included a provision relating to disputes on legacy projects. We have now concluded these matters and can release the provision for FY24. Accordingly, with the audit nearing completion, we expect the EBITDA loss for the year to improve to between £30.0m and £32.0m.
Our preliminary results are due to be released on 15 August 2024. Details of the presentation for analysts and investors by Dennis Schulz, CEO, Simon Bourne, CTO, and Andy Allen, CFO, which will be held on that date at 9:00 a.m. BST, will follow. |
"In my mind it's always been about cost parity with grey hydrogen and whether this is reached with the help of government subsidies or a carbon tax on steam methane reforming (or both)."
That.
Plus, the other types of profitability, with some examples listed by Norbus (Post #7709): 'Think, Think, Think' - "All lead to profits".
Report, with economic data for Refhyne 1, available soon.
Consider this further though:
"...government subsidies or a carbon tax..."
Sold as ointment, but poisonous if not measured correctly.
..and who holds the measuring stick? |
The car industry was dead long before brexit. Other countries car manufacturing moved on while the UK still produced low quality mass produced cars and high quality low production cars. If the quality had been improved on mass production cars we would be on a par with Germany now.
After brexit we never negotiated selling our products into the EU in place of importing their cars. Weak government and not used to making decisions for themselves. |
nicebut - can you make your point without the language please. |
"Yeah,yeah,yeah. The unions - 50 years ago."
Making a great comeback, wait and see. |
Yeah,yeah,yeah. The unions - 50 years ago.
The point is that the UK will never recover until we start creating wealth again and that depends on us all supporting UK manufacturing whenever possible. |
Well Rover was owned by BMW when the 75 was designed and built - wouldn't have happened without them. Nor would it have had an engine - BMW, or a gearbox - getrag, or a suspension - BMW, or electrics - Bosch. All you actually did was encourage low value assembly in the UK, while outsourcing all the added value to continental Europe.
Good luck with your Astra - I now own a little Toyota, made in Japan, which I'm very happy with, and which is worth now about as much as it cost to buy 4 years ago. Me, me, me ;¬) |
Jensen interceptor.... |
You forget the role of unions in being led by communist agitators repeatedly demanded a bigger slice of the cake in shipbuilding and the motor industry. Not until Thatcher clipped their wings enforcing an end to show of hands ballots which reasonable workers were afraid to go against. By then it was too late, the investment that was needed to build more efficiently with better quality was investing abroad. Some brilliant British cars in the sixties and seventies compared to France and most German. Mercedes made cars that looked like taxi's and not until Audi started, combining Auto Union, DKW and NSU did they start to compete. Don't forget the RAF had decimated the car industry in Europe which had been focussed on military vehicles. VW and BMW both used slave labour in the war and private capital was safe in Switzerland ready to redevelop. We just finished paying off war loans very recently. |
If the Brits produced cars I wanted to buy, I'd consider it, but they don't - why is that my fault? In fact the stub UK car industry that remains was salvaged by companies like Honda, BMW, Merc etc who installed proper management. Without them it would have quite rightly disappeared long ago.
Ring a bell? |
Leaving The EU, and especially the SM & CU, was perhaps the stupidest things this Country has done for a few decades....So yes chickens coming home to roost. |
 We could produce far more in the UK if short-sighted Brits supported UK businesses instead of buying so much imported goods e.g. over-priced badge snob cars like Mercs and Beemers and all the rest.
We still export a lot of cars but they are mostly low-margin assemblies of imported kits with the majority of the added value going to foreign manufacturers e.g. Nissan.
That is why the UK is bankrupt with chronic balance of payments deficits year after year.
If you keep spending more overseas than you earn overseas, you get what we have, public services that are incapable of dealing with the population's needs. Plus, the public sector keep on demanding that the wealth-producing parts of our economy support them but they do not support the private sector in return.
You only have to go into the car park of any public sector employer to see the huge % of imported cars there.
The government cannot help because they deliberately submitted to the worst Brexit deal possible to punish the people for having the temerity to vote Leave and to make things so bad that people will be begging to rejoin the EUSSR. In a more enlightened age, they would have had a one-way brief visit to the Tower |
China is a good partner to countries that buy their products.
The UK imports roughly £27 billion more than its exports there.
Tesla also manufacture there but obviously with Tesla technology.
Personally think electrolysers are different from solar panels and far more complex. If ITM can crack the U S market then they should establish a base there with Linde. |
Manufacture in the UK is more or less dead apart from niche applications - Brexit was just another nail in the coffin of a long-dying beast. Fortunately for ITM they are a niche manufacturer, and benefit from geopolitical concerns about China's potential control over vital infrastructure cf Huawei. All to play for here. |
CUR RE 32728 - "Everyone has the option to buy cheap Chinese stuff if they want to--"
I guess many/most want an iPhone and most/all come from China, OK designed in the USA but make in China and the make is a complex activity as iPhone's need a lot of human involvement, less so I believe than Samsung. Tragically for the UK, who have thrown away the make of stuff. there's not too many options and China bashing is pointless - we are joined at the hip - even my dogs poo bags are made in China. The once mighty GEC was let go in the 90's I think by the Conservative Government.
The current lot in power don't talk about getting industy back and jobs for UK workers - only tax; and tax gives them power to do useless things. I saw the other day a quote by George Washington:
"The marvel of all history is how men and women submit to unnecessary burdens laid on them by the governments."
Sorry a rant but China is a good partner and the real challenge is for the UK to see that return to make in the UK might level the commercial playing field. If Chinese electrolysers get to the same capability as ITM and start taking market it could be ITM move make there; after all LIND is big in China. |
Register for streaming realtime charts, analysis tools, and prices.
Hot Features
Premium
