Technically the share price needs to close and hold above the 9 MA if not the Trend remains down.
Hold above 40p target below 30p target |
Moon please stop it
The market clearly doesn’t see this as positively as you and I can see this closing down this afternoon when the yanks get involved |
Yes, or the development of Germany. Some big deals due over there so big investments. I imagine another rns next week after the 6 week director buying period has elapsed may occur |
Would have thought quite a lot of the cash used would be for materials. Be interested to see how inventories have increased when results come out. |
Great review Graham. Everyone been holding their breath seeing how much itm been pummelled. This is the catalyst i spoke of glad I put my 50k with the directors and made a calculated risk yesterday that they are delivering. |
A glimpse of breakeven does the market wonders. There is nailed on broker upgrades due to bolster this into sensible valuation again. And the short squeeze will help as we get the blood back out of them |
This is what city investors are trading today.
ITM Power reported a robust revenue performance of £15.2 million for the first half of 2024, alongside a growing sales pipeline and improved EBITDA loss projections. The company remains on track with project deliveries and tight cost management, positioning itself well as customer investment decisions accelerate into 2025. With a strong net cash position of £203 million, ITM Power is poised for continued growth in the green hydrogen sector. |
I think my statement of into the 40s within a week. Change that to day |
He has started to deliver. There's something hidden that the directors know will emerge on top of these great progress figures. Hence the dirsctor buying across the board. |
£203m just over a month ago....Not running out of money any time soon is it?
Good, steady as she goes, update. |
Under promise over delivery seems to be the way Dennis works. Breath of fresh air compared to the majority of CEO’s on AIM who seem to do the opposite. |
Morning chaps
Not bad results |
Talking of bones another he has called wrong. |
Breakeven close. And those figures set to over achieve at full year. Nice easy target can't wait for news on order book. I'd expect to be around 50p region when the interims are put and more meat on the bones. |
john henry, anything in particular, it all seem much of a muchness to me. |
Suns out today |
Sometimes it doesn't rain, it pours. |
Well Sleveen i guess you havent been following the news this past 6 months. |
H2 2024 were c £7.5 mil |
That or sales are much lower in H2. |
My bad. I meant £18m-£22m revenue guidance yet they are already at £15.2m. Sounds like they will beat the £22m revenue guidance easily. |
Glad they raised £250m a while ago; if they hadn't pulled that off.... |
Revenue of £15m in the half year yet the guidance stays at £22m-£30m. Sounds like they will hit the top end of that no? |
No shocks,numbers all improved. Guidance is positive
Imho the sales pipeline is booming.
EV currently £25M.
Market should be ok with the TU. No doubt there will be the sell on the news brigade. |
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