@Trader__007 Record prices, record volumes, low expenditure, record profits… Share price up 1%
With the level of cash they’re throwing off it’ll catch on eventually
@baroninvestment I exited after the last news but back in on this update. I could only buy 150k shares, even small purchases after this yesterday seem to be unavailable. Good to see how sticky it is, a shame my previous position couldn’t be built back up!
@baroninvestment I also like to consider EV and multiples - KISTOS is a crazy outlier and well under 2 multiple when consider current oil prices.
It needs to at least catch (undervalued) peers, which nearly triples the MCAP to do this.
@BigBiteNow My largest holding too, very pleased to see the move yesterday!
The last two times I went big into single holdings were #DDDD and #CAML - escaped relatively unscathed due to good entries but would like to have something where I hold onto gains!
This is a very high risk investment @Ed_Miliband it’s one I wouldn’t make and I invest in UK publicly listed small / micro caps. I certainly would not put £86m of taxpayers money into it.
ITM Power has accumulated losses of £-350m and are not forecast to make a profit anytime soon. They are forecast to lose £-28.1m in 2026, £-23.8m in 2027 and £-6.4m in 2028.
A better return on investment would be to give 42,250 households a 50% discount on battery storage. This would reduce their annual electricity bills by £600 - £800 straight away. This investment would also boost this sector and give households more disposable income to spend in the economy.
You have sunk £86m into a green hydrogen, still a nascent technology yet to achieve widespread adoption. Building a national hydrogen backbone (pipelines and storage) is a multi-billion pound task that is lagging behind the manufacturing of the electrolysers themselves. Hydrogen is energy-intensive to create, compress, and move. If battery technology or carbon capture (Blue Hydrogen) improves faster than expected, green hydrogen could be relegated to a smaller "niche" than currently predicted.
You should not be making high risk investments like this with tax payers money. I bet you would not put your own money into it.
@baroninvestment Holding core positions but spreadbets closed until it sets up again either way.
UBS target 6200 unchanged and I’ll exit if it gets to 6000 (or 5960!)
@piersmorgan@Trader__007@grok with the recent turnover of prime ministers in the uk and the uplifted salaries of PMs for life how much has disorderly rotation of leadership cost the UK tax payer in forecasted additional salary payments (undiscounted)
@Borg74 Guilty, moved stop to b/e but too hasty and not enough room to move clearly!
Natgas next, moving stop below yesterday’s candle is a long way down!
@Borg74 Ha ha - I have 100% accountability every time I push the button so no pressure from me! Appreciate your posts and it’s been great to follow you for so long and watch all of your hard work payoff 👍