Itm Power Share Discussion Threads

[skinny] 17/8/2023 08:03

The investor presentation (Q&A) should be interesting.

[institutional investments] 17/8/2023 08:03

The false flag was worth a 30p gap up open if value was given to it by market imo. It's what everyone bought for

[talldarkslim] 17/8/2023 08:03

Goodbye shorters you know you are the lowest form of human life

[talldarkslim] 17/8/2023 08:02

This could get close to £1 today

[grahamwales] 17/8/2023 08:01

Unfortunately it sounds like Cooley left the company in a total mess. Should have been found out earlier so agree chairman needs to go. Control over costs has to be a responsibility of the financial director so that role needs to be looked at.

[institutional investments] 17/8/2023 08:00

Open says it all already .

Screwed in coming days

[institutional investments] 17/8/2023 07:58

Major holder(s) would have pressured for the flag release

See if it's to aid offloading , or not

[institutional investments] 17/8/2023 07:57

Or, hard selling into a rise today. See what happens anyway

[institutional investments] 17/8/2023 07:56

Once the noise is over, we will know post 3days time

[institutional investments] 17/8/2023 07:55

Well, ultimately it's down to market. Shall be interesting

[moontheloon] 17/8/2023 07:54

Doubling of revenue after the update. It's a revenue stagnation matching previous under achieved year. But this time 101m it cost to produce. 5m. How much grant funding we owe on motive ... 8m? Off too of my head. So in effect motive a nice potential part of business gone. Disappeared from assets like that. You cant paint a pretty picture with this , you have to just hope they get the kit functioning and get more orders, otherwise I really can't see a profit in 5 years. We are so far ahead of the curve .. we were 20 years in front of actual supported funded projects. It's all hoping FIDs occur at the moment with the wording. The biggest whammy that I hoped would never occur. They're lost SHELL. I think they really have.

[lammylover] 17/8/2023 07:54

Agreed it was daftly overvalued during CV19 period. I bought many years ago at 35p and sold around 120p. At this price I thought it was overvalued. However things are changing and clearly the new CEO knows what he is doing and has "kitchen sinked" the previous financial year so he starts afresh this year. Redundancies, debottling the process, focusing on core products etc. All makes sense. I suspect his forecast for FY24 will be cautious; he will underpromise and overdeliver. I'm not a holder, but will see how share price goes with interest.

[institutional investments] 17/8/2023 07:52

Any smart bulls will know it's the cash out window..

Be wise...it will be merciless when window closes

[institutional investments] 17/8/2023 07:51

The worst thing they could possibly have done , was admit financials dire , with a panic false flag back up release

Shorters will love that

As I said, whatever high is of next three days, never seen again

[skinny] 17/8/2023 07:51

I totally agree - just not with the language :-)

The Tradegate chart in the header looks interesting.

[robrub] 17/8/2023 07:50

I'm not invested here, just find the trolls tiresome.He's probably late 30's lives with mum and a box of tissues

[talldarkslim] 17/8/2023 07:49

This is a sign of further progress under a CEO who has a safe pair of hands. The market should react well to these results and shorters will be nervous.

[hydro4] 17/8/2023 07:49

They have no fore sight and lack a mental capacity to understand how ITM is growing. They just try to scare investors with their childish comments. It's just time before they are forced to leave ITM alone and that is what us investors are waiting for.

[institutional investments] 17/8/2023 07:46

Lammylover17 Aug '23 - 07:43 - 4043 of 4044
0 0 0
I'm not a holder here, but read the RNSs with interest.
How are shorters targeting 10p? 616m shares in circulation at 10p means business is worth just £61.6, what a load of boll7x

.....

What was financial/,cash position at 683p? Yeah that's right... Down 87%

So 10p from circa 100p only actually requires the same continued outlook and sentiment

[grahamwales] 17/8/2023 07:44

Oh and as predicted losses and costs reducing revenue increasing. Make that 5 years worth of cash remaining.

[institutional investments] 17/8/2023 07:43

Same as the last few years

[lammylover] 17/8/2023 07:43

I'm not a holder here, but read the RNSs with interest.
How are shorters targeting 10p? 616m shares in circulation at 10p means business is worth just £61.6, what a load of boll7x!
ITM currently holds £283m cash and even with next year's losses is forecast to hold £175m to £200m cash...
Shorters trying to scare private investors into selling??