Looks to fin8sh 57p |
Many people can charge from home, journeys are local, and even slightly longer one`s you can do there and back without charging...They don't need a charger network..I can easily do south coast to London and back without a charge... But agreed the infrastructure is not there yet for people doing longer journeys daily - EG white van man and people doing large commutes.
One of the things I learnt early on is that I didn't need a `fast` EV charger at home either...I just trickle charge @ 2 Kw per hour using a normal plug....Most of the time from solar...In the winter I charge at night at the cheaper rate. |
Buy where there's fear |
Went from Clare to Ruislip took much longer than first suggested on sat nav some three hours fifty. So glad the car is hybrid still need petrol. |
I wasn't being greedy yesterday to sell at 57.75p. ;)) |
 SK re 32800 - "no petrol/diesel by 2030--" Drove round A406 on Friday and got stuck on a 4 hour trip from Suffolk to Richmond, which on best time is 2 hours. Just thinking as I got stuck in the almost continual queues how much electricity would be needed if all the cars were electric (*). What's missing in the Government drive to 2030 is the demand on the grid for all electric, coupled with that is the view that AI will drive demand massively - and that's on top of the current demand. So I suspect, particularly as there is an election around 2028 the 2030 target will just be moved back. Its all snakeoil and its ultimately the numbers that mean its an absurd policy or not - the huge number of vehicles on UK roads suggest its absurd. The people need honesty not marketing for net zero; and of course choice, these mandates are the tool of the dictator.
ITM seesm, to have a good market (such as the SHELL contract) independent of the 2030 target.
* I guess in drive mode 50 - 100kw, although I guess not much in queue unless aircon on. |
A reminder :-
ITM can confirm that Preliminary Results for the twelve months ended 30 April 2024 will be announced on Thursday, 15 August 2024.
Dennis Schulz, CEO, Simon Bourne, CTO, and Andy Allen, CFO, will present to analysts and investors on that date at 9:00am.
The presentation is open to all existing and potential shareholders. Questions can be submitted pre-event via your Investor Meet Company dashboard until 9:00am on 14 August 2024, or at any time during the live presentation.
Investors can sign up to Investor Meet Company for free and add to meet ITM POWER PLC via: |
Here are challenging thought.
Plug made money through a forklift fueling deal with Amazon and some Wall street acrobatics, with a fast one with South Korea. Will it give up PEM electrolysers?
Will BP and other Oil companies follow Shell and come on board for their refineries
Will we see 100p this calendar year? |
Make of this what you will :- |
Seems good news for ITM rubs off on Plug Power. Unfortunately bad news for Plug affects ITM. Markets have to realise ITM are in a different league to Plug. |
Just for information Shell Rotterdam is not ITM. |
https://www.shell.com/news-and-insights/newsroom/news-and-media-releases/2022/shell-to-start-building-europes-largest-renewable-hydrogen-plant.html |
https://finance.yahoo.com/news/shell-plc-shel-emerges-key-091217717.html |
Military posture. |
""The competitor to be feared is one who never bothers about you at all, but goes on making his own business better all the time" said Henry Ford some 100 years ago, while Sun Tzu laid a foundation to this almost 2500 years ago stating that most wars are won well before they start. Do your own research and remember that empty casks make the most sound."
This guy gets it. |
Non stop buying or shorts closing both the same I guess lol |
Note : Watch the space for more to come |
Good luck negging holders out. Nothing goes up in a straight line. Last time it had a run it dipped a few times up to 67p. Since then we’ve had so much more good news and signed contracts. With results on Thursday we should be back to and above previous highs for this year IMO |
It’s already started to fall |
The closest anybody got to understand ITM and Schulz is the analyst from the broker Peel Hunt . 200p target should be there within a year barring real fireworks. People are factoring the unproven BS of many entrants yet to deliver. When they see ITM for what it has really achieved the inevitable rerating will follow |
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