Schulz thinks cash is king, will attract customers and ensure survival and prosperity even though spending GBP 10million to buy back 30million shares would actually improve the company's balance sheet, given the shares were issued at GBP4, a favorable difference of GBP 110 million |
Its a step in the right direction, they're showing confidence in the product and their own performance and no the share price is transient and due to correct. |
the 31st RNS where the directors purchased £120K between 5 of them.
Now if they had spent that each and had significant skin in the game then i would take that a little more seriously.
The whole BOD and NEDs own less than 0.5% of the company between them.
Thats SFA and shows no alignment with the companies shareholders. |
 ITM Power delivers strongest interim revenue performance on record.....Thu, 05th Dec 2024 08:07(Sharecast News) - Energy storage and clean fuel business ITM Power said on Thursday that it had delivered its strongest revenue performance ever in the six months ended 31 October.ITM Power stated interim revenues were expected to come to £15.2m, while adjusted underlying losses were seen at £17.1m for the half.Looking forward, the AIM-listed group stated full-year revenue expectations were unchanged at between £18.0m and £22.0m. However, adjusted underlying losses were now seen at £32.0m-36.0m, up from £35.0m to £40.0m.Chief executive Dannis Schulz said: In the first half of the year, ITM achieved its strongest revenue performance in any six-month period whilst tightly managing costs and capital expenditure. Our sales pipeline has continued to grow, and we are well-positioned as customer FIDs accelerate through 2025. We look forward to providing a more detailed update with our interim results in January."As of 0945 GMT, ITM shares were up 2.52% at 35.38p. |
Steady, solid, excellent. Market unimpressed. Will add. |
And that leaves the 6 week period next week. Everyone digging deep around the 40p mark... something inspired them |
You clearly haven't done any research you divvy. At least read the rns.The entire board bought outside of the pension scheme independently and significant amounts. Dennis added £50k alone to his holdings. Lazy jh. |
Directors buying LOL its a BAYE scheme and they purchased £150 quids worth. |
Moon, The recent RNS was undoubtedly positive, knowing the company’s strong cash reserves, goods at the warehouse, robust R&D, client base, capacity reservations and partnerships with Shell and Linde. These factors make the current market capitalization appear significantly undervalued. However, the CEO seems indifferent to shareholder interests, having made no effort at all, to address the plummeting share price. Despite several available options to restore market confidence—such as sharing contracts details, engaging with the market and major shareholders, implementing a small buyback scheme given their healthy cash position, or even partially compensating salaries with shares to show solidarity—none of these actions have been taken. This lack of response is only harming shareholders, and it appears the leadership simply does not care. |
A traded short term spike doesn't change anything. That 34p short wow, I hope it was a large one geared. |
And the large order book and increasing.... and what deal lurking instigated director buys...all of them?? |
Revenue increasing costs reducing is the only thing holders should consider. Everything else is immaterial |
Engulfing bar turning into a shooting star |
Yes the chart is optimistic however. I believe the chart follows the figures however.The figures are good and improving with light at the end of the tunnel |
I'm negative on polarean now for a very obvious reason. |
Itm are performing. Any investments you leave as and when, but itmi feel are on the turnaround, and have been unfairly battered. The brokers notes will improve here on in also |
You clearly held and sold and changed. As is your way |
Shorters still attacking to buy back cheap .. if I were Schulz i would have ITM treasury buy back 30 million shares. SQUEEZE |
Moonie, do you think you might be getting a tad emotional with this company?
Not a dig, just a thought. |
Moontheloon - for info the HARAMI was on Tuesday and the engulfing candle yesterday. |
Time to stick to your zopa. Now run along |
I bet the lth can't wait to get rid of the scum that floats along on days like this, and be happy that sentiment is changing and figures back up a view to short term profitability. Regardless of sector markets like that word. |
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