Itm Power Share Discussion Threads

[grahamwales] 17/8/2023 09:38

impressive video poseidon

[institutional investments] 17/8/2023 09:22

But the great thing with markets is thus

"You only need to convince yourself you are right"

[institutional investments] 17/8/2023 09:21

Not sure what is garbage about China, ITMs awful results and false flag floater RNS, and collapse in share price to show for it since 683p

[aja2] 17/8/2023 09:20

In the last 6 months more product has left the plant than the last 22 years combined.

[aja2] 17/8/2023 09:16

'Even pricing with margin ITM remains competitive in the market'

[aja2] 17/8/2023 09:15

Forecast 45/55m loss next year, 35-45m capex. Revenue 10-18m.

[apol70] 17/8/2023 09:12

Hydro, that thing is a troll, posts garbage all day, every day. Check the number of posts since it hatched in June. Multiple aliases, normally found spewing on the RR board...would suggest Nil by Mouth.

[institutional investments] 17/8/2023 09:03

Britain is far from immune to the “contagionR21; currently threatening to destroy China’s £2.4trillion banking system, Harvey Jones warned. The business writer issued his stark warning with Country Garden, the Chinese real estate giant, in serious danger of going bust.

[chillpill] 17/8/2023 08:56

Good to finally see a CEO with financial discipline in place.

Much as I like GC he never hit financial targets.

That’s why I sold out a few years ago.

Always difficult to value but I sense more upside than downside risk although markets likely to be tricky for a while.

[institutional investments] 17/8/2023 08:37

So I say to the 26p buyer, the inverse often wise too

An investment converted into a trade .

[grahamwales] 17/8/2023 08:34

Reduced loss by half next year could mean break even the year after 😁

[grahamwales] 17/8/2023 08:33

Cost means cost not loss lol

[institutional investments] 17/8/2023 08:33

Now you may say, is there any moral in investing in demise?

Well look at the history. Was there any sense in investing in the company?

[institutional investments] 17/8/2023 08:30

Never confuse trade and investment

They are all working with the same info. The only difference is, maybe traders not interested in holding the leg against, and come back for continuation later

[moontheloon] 17/8/2023 08:29

Gimme please gimme some Armageddon talk re these figures.

[institutional investments] 17/8/2023 08:28

It was indeed intended initially as a trade

But as often happens, a trade becomes a long term investment .

Sometimes, that just happens to be a financial investment in a demise

You will probably find historically, some shorting funds been here longer than most holders of today anyway

[institutional investments] 17/8/2023 08:27

Been shorting it with Vlad since 432

[hydro4] 17/8/2023 08:26

If you followed the company as many of us have you would see many things have changed since the 683p days with ITM. We all know there was a huge hype move in the sector back then. Now they are working hard to correct the products and doing a great job. Just a matter of time. I wish you well in your trading. I think we all know who will prevail in the end.

[skinny] 17/8/2023 08:24

My last foray was a purchase @73p in July and that brought my average UP to @40p

[moontheloon] 17/8/2023 08:21

We get rwe confirmed GW that will make or break it for me. But not at cost. Btw. That will be a loss for itm. But need it to demonstrate Dennis' capabilities

[institutional investments] 17/8/2023 08:21

I often think this because it would take a brave shorting fund to take on the holders at lower and lower prices, independently lol

[moontheloon] 17/8/2023 08:19

Surprised you didn't Sell half your holding pre results like you've done before skinny?

[institutional investments] 17/8/2023 08:18

Any LTs not budging the holding, no doubt shorting it to bits X10 ... And controlling the flow

Just imo but I think when you get stock shorted at these percentages, the bigger holders are just using buy side as control of supply and demand, for shorting

[moontheloon] 17/8/2023 08:18

I'm not in a hurry to buy back currently. Id love to get 65p again. But they're not that bad. If I expected it to break a pound I'd be in at open

[grahamwales] 17/8/2023 08:17

No doubt as a former buyer of electrolysers with Linde he has seen quite a few of the competitors units. So must have faith to say that ITM are by far the market leaders and others will have ITM’s growing pains to come.