Itm Power Share Discussion Threads

[5barney] 16/11/2022 22:05

The panels are literally in a rack laying in floor
Yes u can tilt them. Maybe moon could do that well never bother lol
Last week or so only bout 5 from panels which is awful. But still enough with the heroic turbine.
I’ve turned turbine into art as I have an old crashed car shell up against it.
I think there beautiful unlike panels

[moontheloon] 16/11/2022 21:53

2 months now . Got to be a new CEO at least named very soon ...

[moontheloon] 16/11/2022 21:46

Analysts are not as anal about figures as the name suggests

[melegramforttongo] 16/11/2022 21:36

grahamwales16 Nov '22 - 21:21 - 24028 of 24028
0 0 0
How can earnings be reduced by more than £45-50million with more delays when they are already forecasting revenue of £29million. You can’t have minus revenue lol.


👆🏿👆🏿8070;🏿Ԁ70;🏿

Graham , if anyone can have minus revenue it’s you mate .

No one is forcing you to hold ITM shares .

Number 8 on the list ….

Go figure …

[grahamwales] 16/11/2022 21:21

How can earnings be reduced by more than £45-50million with more delays when they are already forecasting revenue of £29million. You can’t have minus revenue lol.

[oapknob1] 16/11/2022 20:22

ITM Power has had forecasts for 2024 revenue slashed by 60% to £29mln by US broker Jefferies, which is also predicting a weaker long-term outlook. Overall, Jeffries forecasts 2023 revenue to be 12% lower than before but warranty issues mean 2024 revenue is expected to be around £29mln against previous forecast of £75mln.Jeffries stated that "delivery of tooling equipment associated with manufacturing of its first-of-kind 2MW MEP 2.0 stack" is not expected until next month.If contracts can be delivered on time revenue is expected to be at the bottom end of guidance but any further slippage and "there is material downside risk to guidance." ITM using a first-of -kind product with higher warranty provisions due to lack of data.Any more delays could lead to a £45-50mln reduction in earnings guidance and 'material new project wins are now needed to underpin revenue growth expectations'.The broker's price target is reduced to 105p from 185p.

[skinny] 16/11/2022 18:26

Uncrossed 1,008,028 @90.30p.

Helikon increased their short by 0.08% - total now 4.85%.

The tide is definitely out in the hydrogen sector harbour today with UK participants hit more than most - no surprise there then!

[vlad the impaler] 16/11/2022 16:54

Dear god, Things just got worse. But i cant reveal

"The Killing Fields"

[grahamwales] 16/11/2022 16:41

Still talking about Refhyne2

[grahamwales] 16/11/2022 16:29

Hope they ordered two just in case or is that to much thinking ahead

[moontheloon] 16/11/2022 16:16

Surprised we're struggling for a tool... There's a big one in the ceo's office

[grahamwales] 16/11/2022 16:13

With any luck the new CEO will bring it with him

[juju44] 16/11/2022 16:06

I am waiting for my buying level at 11p to return . Then I will return

[norbus] 16/11/2022 16:05

Sbb1x

Painfully!

Seriously though, no rights issue needed is a plus.
Tooling for MEP 2.0 arrival will give a Phillip

[moontheloon] 16/11/2022 15:30

Not just itm . Holding hands with cwr again. But they went up nicely yesterday itm didn't

[sbb1x] 16/11/2022 15:20

Maybe 87p ffs

[grahamwales] 16/11/2022 15:11

With all these proposed strikes won’t be long before general election. Just need the police to strike now and government will have no choice.

[grahamwales] 16/11/2022 15:05

Can’t be bothered to trade to time consuming

[sbb1x] 16/11/2022 15:03

What a wild shake down, added a fewDont know how long termers hold this ;)