black bird
- 02 Oct 2014 12:17
- 327 of 1268
try futura medical 50p due to take off, all hurdles have been taken,good RNS nov 2014
tremendious potential, depends on what figs maths you work on. see my posts.
stable
- 08 Oct 2014 10:06
- 335 of 1268
Times TEMPUS
ITM Power
Revenue £1.13m Dividend None
If, when you hear the word hydrogen, you think of the demise of the Hindenburg rather than the automobile of the future, then you need to get with the programme. By 2050, it is claimed, the dominant power for vehicles on the road will be hydrogen-powered electric motors. These fuel cell vehicles are not something for Tomorrow’s World: hydrogen-fuelled Hyundais are already in the country and last week Toyota said that it would bring its fuel cell cars to Britain next year.
Their commercial take-up in the coming years will be determined by how quickly oil becomes too expensive, when our legislators regulate into oblivion the CO2-emitting internal combustion engine and how quickly the infrastructure for the storage and delivery of hydrogen becomes a reality.
That is where ITM Power comes in. It is planning a hydrogen fuel station for Hyundai trials off the M1 near Rotherham and is on track to build similar stations for a London-based Toyota project. The shares have had their ups and, more recently, their downs, sliding this month to a five-year low. An upbeat trading statement yesterday, showcasing the breadth and development of its projects, appears to have halted that, sending the shares 10 per cent higher to 22p.
ITM may yet get overtaken by rival technologies. Its management team, though, has been together for some time and its board is stuffed with credible types — not least Peter Hargreaves, who has a 9 per cent stake and didn’t make his Hargeaves Lansdown fortune backing duds.
My advice Out-and-out punt
Why Huge upside for those prepared to risk their shirts
doodlebug4
- 12 Oct 2014 15:41
- 341 of 1268
Jim Slater in the Telegraph on Saturday;
My current favourite is ITV, which is valued at about £8bn at a share price this week of about 203p. It is always easy to deal in the shares, even if you are buying a large amount, and the “spread” – the difference between the buying and selling prices of a share, effectively another cost – is very low at only 0.2p.
In my view ITV has several extra advantages, which distinguish it from the other elephants in the herd.
• Following Liberty Global’s recent purchase of 6.4pc of ITV from Sky, there is a very good chance of a bid for the company during the next two to three years.
• Based on a new report from Nera Economic Consulting, there are growing hopes of establishing substantial extra revenue from retransmission charges by 2017/8.
• ITV programmes developed in recent years have been excellent and wide-ranging, including Downton Abbey, Mr Selfridge, and The X Factor. With media companies, increasing quality content is now the name of the game and ITV has been upgrading its own significantly.
• You can never be really sure but on the face of it, and based on performance to date, the company appears to be pointing its efforts in absolutely the right direction and seems to be very well managed.
• Above all for me, the financial statistics tick all of my boxes. The p/e ratio is less than 15, the growth rate in earnings per share over the next year is more than 17pc, giving a p/e to growth or “Peg” ratio of 0.9, the earnings per share growth record is excellent, cash flow is in excess of earnings and the company has a strong net cash position. Also, the current dividend yield is a reasonably satisfactory 2.4pc and is rising fast.