In the presentation Simon said the membrane supplier is Gore.? |
Impressive presentation..
Demand at 25 times...
Shell deal very impressive for number of reasons...Eg Shell audit of ITM. |
Dennis is refreshingly candid! |
We're can I find presentation |
Presentation makes for good listening |
Will eventually settle in the 49-51p trading range again till next news. |
CEO Dennis Schulz is from Linde. Linde is a shareholder. Maybe they want to be more downbeat, so that they can buy some more at a price similar to their first stake in the business? |
Hopefully Dennis is being cautious in his revenue forecast bearing in mind the inventory increase for products waiting for delivery. |
Well that's how I read it "Therefore, in TRIDENT contracts, revenue recognition is dependent on the site activities of the EPC integrator and/or end customer, outside of our control. As such, the value created in the year can often be reflected in deferred income, rather than revenue. Without customer delays, the revenue guidance would have been in the range of £35m to £40m, with the delta being deferred into FY26" |
As more of the revenue will be pushed into the following year. |
Literally now in the hands of legislation and financial decisions by customers. But anything but in the hands of itm. We live or die on the say so and performance of others. Makes it a 50/50 gamble till the magical words. OrderPayment |
At the moment Germany seems to be the only country actually carrying out Green Hydrogen projects. The UK talk about it but no action, similarly Australia and the US.
It needs governments to start walking the walk or forget about net zero by 2030. Oil and gas companies certainly keeping a lid on green hydrogen projects at the moment.
Rewards for R&D in the UK are abysmal compared to other countries and probably the reason why established companies move operations abroad. Early days for labour but nothing seems to be happening since they came in all guns blazing. |
I read good results. |
Talking of Dr Cooley - he has just increased his stake in DIS - unfortunately - I hold some. |
As per post 32843 :- |
Did you prefer Cooley’s way of doing business? |
Terrible Guidance for next year Revenue would only go up from 16.5million to 18mil to 22mil But cash burn would go from 30mil to 60mil next year So they are going to Burn 30million more to generate just 2-4mil more revenue |
Think we may see 40s again in coming week |
Not unlike itm to kick another year down the road... maybe the 50m plus cash burn.next year is the relocation fee you wanted Graham?Re the statement on performance figures saying best in class... presume only negligible or wouldn't a sensible driven company shout it from the roof top in actual numbers. The market won't and isn't liking this purely because 5 years down the line from cooleys pipeline and potential we still have hot air and vague pipeline down the line with no magical word order attached for seemingly potentially great swathes of the production capacity but with several decisions and many hurdles before any of it never mind completed and money paid to Itm. Just my perception of where itm are still at... unfortunately. And now it's sitting and hoping for another year and another step towards a big dilutive cash raise... maybe 2026? Assuming figures not beaten. I do believe he's not daft though and will have come in on the lower level of his expectation |
Calls at 51-52p. for the remaining of the week |
Yep this is the easiest share ever to make serious money on
I keep telling you guys
£92k in profit since February |
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