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Investor discussions regarding ITM Power have shown a positive shift in sentiment lately, marked by significant engagement and optimism about the company's forthcoming potential. Notably, the appointment of a new CFO has generated speculation on how this could influence financial strategies and operational efficiency. Participants have referenced increasing momentum in ITM's stock performance, with many indicating that the price may soon break through the psychological barrier of 40p. As one investor noted, "Momentum upwards is happening, based on factual order traction... and a massively oversold sector manipulated in part by shorters," highlighting the belief that external factors may be impacting trading negatively but will improve as market conditions change.
Financially, discussions have focused on ITM Power's prospects linked to upcoming revenue from hydrogen electrolysis and expanding operations, particularly in Germany where infrastructure developments are underway. Investors are keenly aware that 2025 and 2026 are projected to be transitional years for the company, underscoring a sense of cautious optimism. Comments like "ITM have additional revenue streams which will grow as their electrolysers get ordered" reflect a collective expectation that future earnings will enhance stock valuation. Overall, although some investors express skepticism about immediate price movements, the conversation suggests a building confidence that ITM's current valuation may no longer reflect its true recovery potential.
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ITM Power Plc, a manufacturer of electrolyser systems for green hydrogen production based in Sheffield, has made significant headway in expanding its project portfolio. The company has signed a contract with a private family-owned German firm to supply three NEPTUNE V units, totaling 15 MW. These units, designed for mid-sized projects, are expected to provide green hydrogen to local refuelling stations, with the first delivery estimated for the first half of 2026. This contract is a testament to ITM Power's innovation and capability in the evolving energy sector, aiming to cater to the growing demand for sustainable solutions.
Additionally, ITM Power has been awarded a Front-End Engineering Design (FEED) contract for a 50 MW green hydrogen production site in the EU. This contract underscores the company's growing influence within the hydrogen energy market, as it prepares for a projected output of approximately 5,000 tonnes of green hydrogen annually by 2027. Financially, ITM Power reported a revenue of £15.2 million for the first half of its fiscal year ending October 2024, alongside an adjusted EBITDA loss of £17.1 million and a net cash reserve of £203 million. Despite the projected EBITDA loss, ITM Power is maintaining its revenue guidance for fiscal year 2025, indicating a cautious but optimistic outlook as they continue to meet project delivery obligations and grow their sales pipeline.
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You can probably double that by the time it actually gets built in 15 years time 😂😂 |
https://www.aol.co.u |
Sorry if this has already been posted. Looks positive. |
Where do I sign.... |
A bit more on post 32962. |
Whitlee 40MW - Case update - Report submitted to Scottish Ministers - Target date for decision 07/12/24 - We are 2 years in! |
Maybe ! Given the generated renewable electrons , timing and usage , Hydrogen through electrolysis will play a key role, for shipping, air fuel, cement , steel and heavy transport. The smart folk will extend the life of the plant probably doubling it and keep refreshing the stacks. The smart school of Linde, Schulz will survive to prosper. Others will go down the Plug |
You've escaped nothing. |
Today, the UK has reached an incredible 30GW of combined offshore and onshore wind energy capacity! 🌍💨 Wind has now overtaken gas to become the #1 source of electricity in the UK, providing 28% of the nation’s energy needs. |
They've already started.. Labour ditching the ridiculous fuel payment for `rich` pensioners...Is a good start. |
skinny - it hadn't escaped my attention that no-one was offering feasible solutions :¬) |
Edited - A re-hash of post 32958. |
Supernumerary - no one mentioned solving the problems, but they are there writ large - its just that no one in power of whatever hue, will acknowledge them. |
I remember at junior school (7-10) we had very good cooking lessons - but only for the girls! |
Just you, Super. (Big smiley face) |
Is there any problem you guys couldn't solve? |
I doubt Labour will do much about benefits. The Robin Hood mantra rules. |
Sadly, we also need to look closer to home - like the benefits system. |
Well we weren't in a good place before Labour came to power. At least they are being candid about what these Tory vandals have been doing for the last c8 years and more, or not been doing more like. |
The UK is bankrupt and we are not creating the wealth needed to change that fact. |
Type | Ordinary Share |
Share ISIN | GB00B0130H42 |
Sector | Electrical Machy, Equip, Nec |
Bid Price | 38.58 |
Offer Price | 39.46 |
Open | 38.12 |
Shares Traded | 1,730,926 |
Last Trade | 16:35:03 |
Low - High | 38.12 - 41.64 |
Turnover | 16.51M |
Profit | -27.22M |
EPS - Basic | -0.0441 |
PE Ratio | -8.95 |
Market Cap | 247.81M |
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