Itm Power Share Discussion Threads

[grahamwales] 28/11/2022 15:57

Not 100% true as Motive have a couple of stations

[folderboy] 28/11/2022 15:51

From the BBC piece about Rolls Royce testing a jet engine running Hydrogen.

Presentational grey line
"At the moment there's a lot of hydrogen hype," says Matt Finch, UK policy director of campaign group Transport and Environment.

"A lot of people are saying 'we can use hydrogen, we need hydrogen'. You hear it for cars, for trucks, for ships, for planes, for home heating, for chemicals.

"At the moment the UK effectively produces zero green hydrogen. To fulfil all the needs everyone wants is absolutely impossible."

Surely this says it all:

"the UK effectively produces zero green hydrogen"

[grahamwales] 28/11/2022 15:49

Was skinny’s originally 😁 just looked a bit more into it. Seems a bit of a long chance though.

With NASA now sending more tickets to the moon I’m sure they will come up with ways to store and transport hydrogen. Aren’t Linde going to supply them with Hydrogen in the future. Plenty of sunshine in Florida 😁😁😁

[bmel] 28/11/2022 15:41

Lol I think we need to get ITM onto a real market first.


I like your other post.

If you can't use depleted uranium in tank shells

make it into batteries

Can't knock lateral thinking lol

[grahamwales] 28/11/2022 15:24

Perhaps ITM should follow lol

[bmel] 28/11/2022 15:09

Graham

one of the factors in Linde share price is that they are closing their listing on the Dax and will only be listed in the US.

Dax is a relatively small Index and they (feel they) were overly subject to its fluctuations especially after Ukraine - so off to the USA.

[grahamwales] 28/11/2022 13:50

I guess this may interest ITM. From Skinny’s post I may add 😂

EDF UK R&D, in partnership with the University of Bristol, Urenco and the UK Atomic Energy Authority (UKAEA), will receive £7.73 million to develop a hydrogen storage demonstrator utilising depleted uranium at UKAEA’s Culham Science Centre in Abingdon, Oxfordshire. Electricity will be converted to hydrogen via electrolysis and stored for future use - either directly as hydrogen, or converted back to electricity via a fuel cell when required.

[grahamwales] 28/11/2022 13:19

May be a coincidence but Linde share price two years ago was $1.50 to day it’s closer to $3.50

[intoodeep] 28/11/2022 13:13

Investing is easy...just do the complete opposite of Vlad and his other avatars

[windingroad] 28/11/2022 12:59

The shareprice is breaking out. Volume not huge tho. Could be a false dawn. Needs a bit more momentum.

[grahamwales] 28/11/2022 12:34

Schulz has already been working alongside ITM so should be able to jump straight in. Last broker note suggested tooling should be sorted in December which will give him a good start.

Motive CEO starting in January may also indicate they have some announcements to come.

[norbus] 28/11/2022 12:33

Where's Wally? That should tell you

[gimmethefax] 28/11/2022 12:30

Dennis officially begins 1st December 2022:

Update 8th December 2022:

Not long to wait until we hear the man talk.

[norbus] 28/11/2022 12:24

Linde will not take over before full recovery and the sector well established. They consider themselves into staple commodities I believe. I am convinced we will see heights not dreamt off .

[hurricane99] 28/11/2022 12:23

Re: Rolls Royce.
‘Green hydrogen for the tests was supplied by European Marine Energy Centre (EMEC), generated using renewable energy at their hydrogen production and tidal test facility on Eday in the Orkney Islands, U.K.’
Sounds like Surf ‘n Turf..

[norbus] 28/11/2022 12:22

A Star CEO, at the top ranks of Linde for 14 years since his first career move six months at Siemens will not be readily appreciated. I am thinking whatever happens now, there will be a scramble since the early shorts from higher levels are now a much smaller fraction of the whole. 120 will see the stampede begin

[grahamwales] 28/11/2022 12:20

No need for Linde to buy out ITM they are the biggest shareholder and will have two of their guys in the board.

[gimmethefax] 28/11/2022 12:20

A fresh Twitter slate... lovely.

Hope it stays that way - prefer RNS.

[norbus] 28/11/2022 12:16

Where's Wally

[windingroad] 28/11/2022 12:09

ITM is the 4th most shorted share on the London stock exchange. Meme stocks need a huge shorting community to create exponential rises and ITM has it. Ultimately the hedgefunds will decide on where this shareprice is going. They act in concert to manipulate a price down when they've got huge exposure. The market is powerless against them unless there's really enormous buying volume. I see two likely scenarios here:

1. A buyout rumour/fact creates a huge buying wave that forces hedgefunds to crack
2. The conviction shorter simply decides that ITM has seen the bottom and causes short hedgefund peers to rush for the exit

I'm seeing hydrogen in the news more and more often, for example today's story on Rolls Royce developing hydrogen jet engines. RR recognises that electrolysed hydrogen is pretty much the only solution for green aviation. The Linde connection as a client and now ex-Linde manager as CEO makes a buyout increasingly likely imv.