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ITM Itm Power Plc

36.54
-0.46 (-1.24%)
Last Updated: 08:58:58
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Itm Power Plc LSE:ITM London Ordinary Share GB00B0130H42 ORD 5P
  Price Change % Change Share Price Shares Traded Last Trade
  -0.46 -1.24% 36.54 114,994 08:58:58
Bid Price Offer Price High Price Low Price Open Price
36.52 36.70 36.68 35.36 35.36
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Electrical Machy, Equip, Nec 16.51M -27.22M -0.0441 -8.28 228.43M
Last Trade Time Trade Type Trade Size Trade Price Currency
09:08:53 O 607 36.70 GBX

Itm Power (ITM) Latest News

Itm Power (ITM) Discussions and Chat

Itm Power Forums and Chat

Date Time Title Posts
10/12/202423:17ITM Power - integrated hydrogen energy systems.34,246
10/12/202412:48The ITM Power Thread (V.2)8,090
21/11/202405:56ITM - No Sales, 4m loss and rising, years away from market, 5p target8,189
16/10/202413:19🌚 moons ITM average competition 🌚502
16/10/202406:25GRAHAM GOES POP13

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Itm Power (ITM) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
09:08:5336.70607222.77O
08:58:5836.54500182.70AT
08:58:4736.7010036.70O
08:54:3836.503,3281,214.72AT
08:54:3836.503,3281,214.72AT

Itm Power (ITM) Top Chat Posts

Top Posts
Posted at 11/12/2024 08:20 by Itm Power Daily Update
Itm Power Plc is listed in the Electrical Machy, Equip, Nec sector of the London Stock Exchange with ticker ITM. The last closing price for Itm Power was 37p.
Itm Power currently has 617,370,989 shares in issue. The market capitalisation of Itm Power is £225,340,411.
Itm Power has a price to earnings ratio (PE ratio) of -8.28.
This morning ITM shares opened at 35.36p
Posted at 05/12/2024 12:58 by sam_
I think we’ll need Elon Musk to tweet about ITM for the share price to reach this new price target 😅

The share price is struggling to hold 1% ffs , come on Dennis do something!!
Posted at 05/12/2024 12:34 by sam_
I’m definitely not a shorter and am happy to share a screenshot of my holding in ITM Power. That said, the company needs to communicate with the market in a way the market likes, rather than the way it prefers. Despite today's positive RNS, as you put it, the share price struggled to maintain a 2% gain and there are no big buy orders visible on the L2.
Posted at 05/12/2024 10:49 by moontheloon
ITM Power delivers strongest interim revenue performance on record.....Thu, 05th Dec 2024 08:07(Sharecast News) - Energy storage and clean fuel business ITM Power said on Thursday that it had delivered its strongest revenue performance ever in the six months ended 31 October.ITM Power stated interim revenues were expected to come to £15.2m, while adjusted underlying losses were seen at £17.1m for the half.Looking forward, the AIM-listed group stated full-year revenue expectations were unchanged at between £18.0m and £22.0m. However, adjusted underlying losses were now seen at £32.0m-36.0m, up from £35.0m to £40.0m.Chief executive Dannis Schulz said: In the first half of the year, ITM achieved its strongest revenue performance in any six-month period whilst tightly managing costs and capital expenditure. Our sales pipeline has continued to grow, and we are well-positioned as customer FIDs accelerate through 2025. We look forward to providing a more detailed update with our interim results in January."As of 0945 GMT, ITM shares were up 2.52% at 35.38p.
Posted at 05/12/2024 10:35 by sam_
Moon, The recent RNS was undoubtedly positive, knowing the company’s strong cash reserves, goods at the warehouse, robust R&D, client base, capacity reservations and partnerships with Shell and Linde. These factors make the current market capitalization appear significantly undervalued. However, the CEO seems indifferent to shareholder interests, having made no effort at all, to address the plummeting share price. Despite several available options to restore market confidence—such as sharing contracts details, engaging with the market and major shareholders, implementing a small buyback scheme given their healthy cash position, or even partially compensating salaries with shares to show solidarity—none of these actions have been taken. This lack of response is only harming shareholders, and it appears the leadership simply does not care.
Posted at 03/12/2024 07:53 by sleveen
The optimistic outlook for H2 only a few months ago is now pessimistic.

ITM share price will continue to fall.
Posted at 02/12/2024 20:38 by gimmethefax
I'd say the LCOH produced by ITM machines is still way higher than the currently available alternative fuels. ITM claims lowest cost of green hydrogen. The Benchmark.

Therefore we can presume, at this stage, that the hydrogen produced (if being used as a replacement fuel) is a cost for the customer, and no value is actually created there, yet.

... most investors get up and leave the room at this point ...

This is what makes the business plan tricky, a gamble even.

But we know this already. We are comfortable with such insanity, are we not?! Or are we deluded?

... only the psychopaths remain in the room ...


So, ITM currently create value by other means, for example, 'we can help keep the ESG cartel off your backs for a little longer if you switch to hydrogen'. Danger!

But, if a man has a gun to your head, pretty much everything that will cause you not to die is of enormous value - I am sure you would pay the price!

So, ITM Power need to do a really good job of showing WHY a customer would choose to pay this premium, and show how this business is sustainable - even when the current politics change - which they will.

We have discussed the benefits, and the value, here, qualitatively, for years!

Only the Company can present the true investment case, quantitatively.

If this value is not presented well then I see no reason for the value of the company to increase - why would it?


We are still sitting, waiting impatiently, listening.
Posted at 21/11/2024 16:56 by danvandan
Ennismore reduced its short on ITM again yesterday. That's the second time recently and it looks like they're about to drop off the reportable shorts table. As long-time shorters, I think they probably recognise this as the bottom of the chart for ITM's share price and the 'upside risks' are increasing.
Posted at 15/11/2024 09:31 by gimmethefax
Norbus, we have done our best on this here thread to highlight the value.

It frustrates me that ITM have done less to communicate the business opportunity to the market. Financials! Maybe, in truth, they don't, or didn't really know.
At best, we've heard the echoes of "CO2 this", "CO2 that" from the chair; whispers from management; threats and forever promises from the political class - while the faithful PI bleeds out.

I know ITM have been adjusting and recovering, but still - basics.

How are ITM creating value for their customers? Is it actually costing customers to purchase and run these projects? are they hoping to make a profit on the hydrogen? Do they feel pressured to pivot and therefore experiment with green hydrogen (is this sustainable).. or is it actually, really, and simply profitable for Shell and others to buy an ITM electrolyser?

Maybe Nov 26 will be a good opportunity to try and fill this gap.
Posted at 11/11/2024 22:52 by gimmethefax
"albeit with a grant"

Has always been the crux.

ITM ought to be able to show the value of the solutions they offer, regardless of grants and handouts...and I believe they can (although, it would be easier to believe if we saw the Public Report on time, that we were promised for Refhyne 1).


Trump's climate views, whatever they may be, should not be a factor in the matter.

For a start, ITM Power are a UK company. Secondly, it is either profitable for a customer to buy ITM products or it is not.

If it is, customers will buy that value.

If it is profitable, but only with incentives and grants, then this is a very bad business model, utterly reliant on psychopaths in suits being able to lay heavy burdens on the people. Indefinitely?

Why would anyone want to buy what you are selling?

ESG?

Can you show us when it would be profitable for a customer to purchase ITM solutions without a grant? Now, already? When? Where?

ITM Power are yet, in my opinion, to effectively present this value to the public or to shareholders.

Show us the numbers!

Show us why this customer bought this product - and, would they have done so without the grant?

"We can't speak for the customer."

Indeed.

Why would anyone want to buy what you are selling?

Why should I invest?
Posted at 22/10/2024 15:05 by norbus
I urged ITM ceo for a little more enterpreneurial action . ITM can add consoles to the electrolyser to create a self standing profit centre that can do grid balancing and arbitrage . It could also be a magnet for an EU grant if undertaken by ITM Deuchland. That would inject accelerated prospects for profitability while the green hydrogen electrolyser market picks up. ITM HAS ALL IT NEEDS TO EXECUTE THIS.

Sharehoers have urged the CEO to be more enterpreneurial before Now is his chance to prove his worth with a laydown product that may also qualify for an EU grant
Itm Power share price data is direct from the London Stock Exchange

Itm Power Frequently Asked Questions (FAQ)

What is the current Itm Power share price?
The current share price of Itm Power is 36.54p.
How many Itm Power shares are in issue?
Itm Power has 617,370,989 shares in issue.
What is the market cap of Itm Power?
The market capitalisation of Itm Power is GBP 228.43 M.
What is the 1 year trading range for Itm Power share price?
Itm Power has traded in the range of 32.20p to 71.80p during the past year.
What is the PE ratio of Itm Power?
The price to earnings ratio of Itm Power is -8.28.
What is the cash to sales ratio of Itm Power?
The cash to sales ratio of Itm Power is 13.67.
What is the reporting currency for Itm Power?
Itm Power reports financial results in GBP.
What is the latest annual turnover for Itm Power?
The latest annual turnover of Itm Power is GBP 16.51M.
What is the latest annual profit for Itm Power?
The latest annual profit of Itm Power is GBP -27.22M.
What is the registered address of Itm Power?
The registered address for Itm Power is 2 BESSEMER PARK, SHEFFIELD, S9 1DZ.
What is the Itm Power website address?
The website address for Itm Power is www.itm-power.com.
Which industry sector does Itm Power operate in?
Itm Power operates in the ELECTRICAL EQUIPMENT sector.

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