Itm Power Share Discussion Threads

[baldrick1] 02/8/2023 10:36

US credit rating recently down graded from AAA to AA+

[grahamwales] 02/8/2023 10:35

Government throwing pennies at hydrogen. Taking the iPad compared to other developed countries.

Throw them a bone to keep them quiet.

[gimmethefax] 02/8/2023 10:35

No idea, moon. For whatever reason, in my opinion, it is embarrassing for all involved.

I have no idea what to expect from results tbh - no reason to doubt Dennis' statement in the trading update.

Good news or bad news - if I were to invest now I would feel like I was gambling on the SP, short- and mid-term, not the company.

Red: I do not feel comfortable with my wealth anywhere near the stock market, and especially having it held in a pooled-nominee account by the bank or brokerage, which is typically necessary in order to hold in a tax-free ISA. Ownership through paper certification can also be revoked, as easy as wiping [your name] from the ledger.

The bigger picture remains, and I am confident that ITM power, the company, has a future, but not for the reasons being pushed, and not by the means it is currently being implemented. Too many clouds.

Too much lies globally,

Too much reliance on subsidy,

and Too much 'please, mr. government man', from investors. They are not your friends. Friends of The Bank.

The future they have planned for you is bleak - a future which has no past.

[baldrick1] 02/8/2023 10:31

Short of revenue target dawning..85-90p still lingering ..a few are in the 80-85p

[grahamwales] 02/8/2023 10:10

Moon

Most likely a bit optimistic trying to get results out 2 months earlier than usual. But setting goals is what this company has needed. Still 1 month earlier than last year.

[moontheloon] 02/8/2023 09:59

Write down... Or just straight off balance sheet as more loss?

[moontheloon] 02/8/2023 09:54

A lot of red around today.. What's your take on accounts being pulled gimme? We know cash burn, we know sales, could we have a big surprise in warranty department and how would that be accounted for? Write off?

[gimmethefax] 02/8/2023 09:36

"Germany doesn’t have any oil are they broke?"

Why don't you have a look-see?

[grahamwales] 02/8/2023 08:50

Now that’s what you call energy security

[grahamwales] 02/8/2023 08:44

Norway have lots of oil and gas the difference is they are run mainly by the state and not greedy oil companies hence one of the richest countries in the world.

[skinny] 02/8/2023 08:43

Talking of the Oil majors :-

[grahamwales] 02/8/2023 08:41

The uk is broke because governments are corrupt and line their pockets knowing it’s not a job for life.

Germany doesn’t have any oil are they broke?

[willoicc] 02/8/2023 08:33

Uk still gets the tax take for oil produced in UK waters and wherever it is sold it still helps to offset the foreign currency cost of all the other oil and gas we import.

People who say we should not exploit our own natural resources just do not understand the economic reality that the UK is broke.

That is why there is no money to give decent pay increases to hard working public sector workers.

How many of all those just stop oil protestors drive a 'green' car? How many of them have insulated their homes to the best level possible?

How many of them are just hypocrites who tell other people what to do but do not do it themselves?

[grahamwales] 02/8/2023 08:32

Thirsty and exhausted, Texans feel the heatwave.


Perhaps they are finally realising global warming is real.

[moontheloon] 02/8/2023 08:17

Nothing stopping us dipping back into 80s here short term. We always have soul destroying drops... This country is soul destroying

[moontheloon] 02/8/2023 08:15

What would you do if you were making billions and someone wanted to tell you to stop? They're only concerned about one thing. Future earnings and elite lifestyle.

[grahamwales] 02/8/2023 08:09

Video suggests the UK gets just 20% of the North Sea oil rest is sold on open market. I think it’s less than 20% as it’s a heavy oil and refineries in the uk are unable to use.

[norbus] 02/8/2023 07:53

The message re fossil is Getting through.. best opportunity to estanlish refuelling networks

[moontheloon] 02/8/2023 07:37

We do need oil and gas at least temporarily to some scale,, well alongside their dithery non funding stance which helps the former. Go to Deutschland

[moontheloon] 02/8/2023 07:35

Doing typical Tory or politician looking after old boys network .. literally in this case

[moontheloon] 02/8/2023 03:44

Credit LSE. How do they get away with this blatant corruption?? Because we let them ?https://www.thelondoneconomic.com/politics/sunaks-family-firm-signed-a-billion-dollar-deal-with-bp-before-pm-opened-new-north-sea-licences-353690/

[sonic25] 01/8/2023 20:56

Why Europe is eyeing Chile's hydrogen market.

"Chile is poised to become a major hydrogen supplier to Europe amid predictions of surging demand for the clean fuel and its derivatives, Asunción Borrás, head of hydrogen business development at Engie Chile, told BNamericas."

"It has the best photovoltaic resource in the world, a wind resource, there is support and will from the State for the development of the industry, there is land, infrastructure, coast and ports to export hydrogen or its derivatives, there is an industry with high potential for local consumption – mining. All of this is reflected in the pipeline of projects under development by relevant players in the energy sector."

"Europe looks at Chile as a candidate for its imports of hydrogen/derivatives, given the competitiveness that production in Chile must achieve and the needs for diversification of the supply matrix that Europe should have to avoid situations that have been precedents with other energy sources," Borrás added.

[grahamwales] 01/8/2023 17:32

Dennis keeping a low profile at moment. Holiday or visiting potential customers 🤔🤔🤔