NEWSFLOW

#ITM Power – H1 £56.5m loss, net cash £317.7m, emphasises ‘strategic changes’

views

Vindicated Again, ITM Power – is the warning a kitchen sink or is there more to come?

A long call with Lucian Miers has just ended. As you may know he has moved from leafy Hampshire to the grim North of Yorkshire and has blundered out for a walk only to find himself in the middle of a snowstorm. Let us pray that he makes it back safely to his new home, without the need for the local Moors rescue team to unleash the whippets. We talked of ITM Power (ITM) where the great bear has increased his short position after today’s dire warning. But is that right?

NEWSFLOW

#ITM Power – “materially” lower revenue and higher EBITDA loss warning

NEWSFLOW

#ITM Power – appointment of Dennis Schulz from Linde Engineering as CEO, good luck chap!

views

ITM Power, the best time to kick a man is when he is down

A couple of years ago I did a podcast suggesting that the share price of ITM Power (ITM) was truly bonkers.  In the mad rush to buy “green” investments it then got a bit more "truly bonkers". That is the problem with bubbles, they can just keep on expanding far longer than most folks think, defying all logic.  And green energy clearly is a bubble.

NEWSFLOW

#ITM Power – FY loss £46.7m, cash £365.9m, CEO Graham Cooley to step down

NEWSFLOW

#ITM Power – Leuna contract some factory acceptance testing delay, argues supply chain constraint solution now implemented

views

Clean Power Company with A-List Partners Might Electrify its Share Price, Given the Oil Chaos

Hello Share Chasers. A company fairly prominent in the daily winners list for the past few sessions is ITM Power (ITM). It generates hydrogen. The recent share performance is with, of course, uncertainty over oil and gas supplies caused by Putin’s war. Hydrogen is an alternative fuel that doesn't affect greenhouse warming.

views

ITM Power – Yet more cash raised - Why?

ITM Power (ITM) has advised it has raised a shedload of cash to the tune of £250 million via a placing at share price of £4. I find the detail and timing very interesting and cannot help myself questioning if this is the pre-cursor to FLOP26, ops sorry COP26, and the bursting of the green bubble.

NEWSFLOW

#ITM Power – £250m placing at 400p per share