ITM Power - ITM Stream Log

According to our calculations Itm Power plc is currently rated as BUY. Currently Itm Power plc is evaluated as Outperform by analysts, but the crowd currently has no predictions. Our valuation analysis sees Itm Power plc as Undervalued. Compared to the current price of Itm Power plc of 15,49p on the main market London Stock Exchange the price of Itm Power plc might rise by 86.47% according to the estimates of analysts and our valuation analysis.

ITM is Undervalued based on P/S ratio Target price 33.92 p Potential +119.0% ITM Power PLC is considered undervalued in both of its historical (KPI: P/B ratio) and peer (KPI: P/S ratio) comparison analysis. As a result, this stock is therefore currently considered 'undervalued'. However ITM Power PLC would be considered 'overvalued' if its price exceeded 0.49 $. Additionally, ITM Power PLC tends to trade at a premium compared to its peers. This was also considered in the calculation of its theoretical price. Disclaimer: The fact that ITM Power PLC is considered "undervalued" by the analysis does not mean that its price will rise in the future. Monitor the sales and other related figures of ITM Power PLC closely and keep an eye on its external environment when making your investment decision.

Poor obama the crud he has to watch day in day out.

Surprise surprise.. award went to a German company.

British band playing.. could be a sign perhaps?

Hanover live on Sky Aljazera 514

Live, ITM award ceremony, Barrack and Merkal. [link]

"...as seems more likely, our onshore gas and oil potential continues to be mired in planning delays, environmental studies and local opposition, then investment opportunities might be found elsewhere. Renewables (despite the removal of subsidies) and power conservation are areas that should benefit from the pain of others. Here are a few ideas from sectors in which profitable companies are, so far, few and far between. Battery storage will become ever more important: ITM Power(27.5p)..."

What a curious world we live in. It is now conventional wisdom that we have all embarked on a journey to a carbonless future; and this despite there being no scientific unanimity as to the connection between global warming and carbon emissions. Striving to reach this nirvana has resulted in surprising liaisons and compromises, the most important of which is the UK government’s determination to embrace old nuclear technology despite the well-known problems of disposing of hazardous waste — which will be left to be faced by future generations. In the meantime, funding of our uranium-powered future is in the hands of a French state company and our new friends from China, who themselves are busy designing and constructing power plants fuelled by thorium, which is safer and less expensive than uranium. They have been encouraged by our government’s guarantee that we consumers will pay twice the current price of electricity once the power comes on stream, possibly in ten years’ time. In the meantime, as if the good Lord realised some interim help is necessary, we have been presented with a huge opportunity. Deep beneath the north of Britain exists a thick stratum of rock and shale that may contain enough gas to power Great Britain plc (and certainly the Northern Powerhouse) into a new industrial revolution. This gas could fill a looming energy gap created by decommissioning of coal-fired power stations. But a vocal and well-organised populist movement perceives all sorts of possible disasters resulting from the fracking process needed to extract gas and oil from shale. These activists are not convinced that experts from various regulatory bodies are capable of monitoring exploration and exploitation. After three years of delays following one partially drilled exploration well in Lancashire, we still do not know whether this gift from above is exploitable or not. Many more exploration wells need to be drilled before any production decision can be taken. But not even this limited activity is taking place. In the meantime, blackouts are getting nearer and inevitable voltage fluctuations will disrupt the computer-based systems that now dominate most activities in our digital and interconnected world. Those who believe the darkness can be avoided by other means are embracing the renewables sector, oblivious of the fact it depends on variables such as wind and sun and over the next decade is unlikely to account for more than about 20 per cent of our energy mix. And just to confuse matters, the fat subsidies that have encouraged the middle classes to change their roof tiles for solar panels and to construct wind turbines in their fields are now being withdrawn. So where in all of this energy mess might an entrepreneurial investor find opportunities? Here are my bets — on both possible outcomes of the fracking stand-off.

ITM Power says it is scheduled to have five of its refuelling stations in operation in the UK by the end of the year, and a further three are in the final stages of negotiation. Its first London refuelling station, at the National Physical Laboratory in Teddington, will open in May, with the second, at the Centre for Engineering and Manufacturing Excellence in East London, opening in July. Last September it announced a deal with Shell for three forecourt refuelling stations, and it says these will be opened before year end. It added that three further UK refuelling stations in the final stages of negotiation. It also reported that ITM Power has become an approved supplier to BOC, part of the Linde group, and an approved subcontractor and supplier to Artelia, a leading fuel forecourt designer and architect. Last year ITM opened its first UK refuelling site at The Advanced Manufacturing Park, near the M1 motorway network in South Yorkshire. Andy Allen, CFO, ITM Power, commented: “We are in a strong financial position now that we have secured the working capital required to realise the existing pipeline. Client confidence in ITM Power has increased as a result of the stronger balance sheet. We look forward to updating the market as further sales are achieved.”