ITM Power

09.07.2024 +++ Insurers with fewer claims than expected +++ Hydrogen shares with drop in sales for 2025 +++

The share prices of reinsurers Munich Re $MUV2 (-1,1 %) (+3.0%) and Hannover Re $HNR1 (-0,97 %) (+3.0%) recovered. They had recently suffered from speculation about losses following the early and severe start to the hurricane season.

In the MDAX K+S $SDF (-1,31 %) fell by 5.8 percent. Bank of America downgraded the stock by two notches to underweight from buy. However, Stifel is also negative on the share and described it as the least favored in the sector.

The US bank JPMorgan has downgraded the shares of ITM Power $ITM (+2,92 %) from "Overweight" to "Neutral" and gave them the cautionary stamp of "Negative Catalyst Watch". Analyst Patrick Jones thus pointed out the correction risks for hydrogen shares in the run-up to their financial results in mid-August on Monday evening. The expert fears that a disappointing sales forecast for 2025 will depress market expectations for the new and subsequent financial year.

Tuesday: stock market dates, economic data, quarterly figures

ex-dividend of individual stocks

Klepierre EUR 0.90

Quarterly figures / company dates Europe

07:30 OMV Trading Update 2Q

09:00 Porsche sales 2Q

Untimed: Porsche AG: Pre-Close-Call 2Q

Economic data

• 08:00 DE: Truck Toll Performance Index June
• 10:00 IT: ECB Governing Council member Panetta, video message for the General Assembly of the Banking Association
• 16:00 US: Fed Chairman Powell, Semi-Annual Hearing in the Senate Banking Committee
• No time specified:

US: Nato, Start of Nato Summit July 9-11, 2024 in Washington, D.C.

IN: Russia's President Putin, meeting with India's Prime Minister Modi (since Monday)

UK: First House of Commons meeting planned after the British general election, London

Hello everyone,

Today I would like to introduce you to my portfolio. As you probably know, it's just too much fun to expand my portfolio with new stocks. There are now a few too many, but I still can't really part with my worst-performing stocks ($NVM (-3,2 %) , $ENPH (+6,64 %) , $WAC (-0,93 %) ). I'm hoping that I'll be able to sell them in positive territory at some point, or am I on the wrong track and in your opinion should I sell at a loss and try to make up the loss with other stocks?

I have been investing since the end of 2022 and at 29 years old, I still have a long time to go. My strategy is to be as desertified as possible in sectors and to beat the market in the long term (just let me believe that it works :D), hence so many individual stocks. I want to hold these for many years (esp. $AMZN (+0,26 %) , $GOOGL (+0,94 %) , $QCOM (+2,48 %) , $MSFT (-1,05 %) , $V (-0,14 %) , $MC (-0,25 %) , $SALM (-0,11 %) ) but I'm also not too keen to pocket the profits. Are there any stocks in my portfolio that you would view critically for the next few years and would be worth considering selling? Recession and all that...

Priority is on growth, which is reasonably safe, so only a few small caps - but a few bets have to be in there :) ($AIDX (-2,2 %) , $NRX (-0,62 %) , $ITM (+2,92 %) , $F3C (-0,91 %) , $MITK (+2,05 %) ). But with rather small amounts, probably too small or what do you say?

At the same time, I would also like to claim a €900 allowance via dividends ( $BATS (-0,24 %) , $ENB (+0,76 %) , $BNPQY , $STLAM (-0,17 %) , $ENGI (+0,22 %) , $RIO (-0,93 %) ) and secure a trade or two.

Recently I have been investing 240€/m in the $XDWD (+0,24 %) and between 200 - 500€/m in individual shares (depending on what is left). Actually, I want to increase the existing shares properly now, but somehow there are always nice entry options in solid companies like $0L2T (-2,42 %) , $ZTS (+0,52 %) , $ADM (+1,28 %) , $PANW (-2,12 %) , $ENR (+2,08 %) . Help what to do? :D

And then there's also crypto $BTC (+0,2 %)
$NEAR (+2,34 %)
$ADA (+1,76 %)

And Japan, they're doing well too $4063 (-1,14 %) , $6501 (-2,62 %) , $8001 (-0,17 %)

Looking forward to your feedback and advice!

After the events of the last few months, hopefully the company will now be rebuilt and brought up to speed. However, in my opinion, it will take years. Nevertheless $ITM (+2,92 %) in a growth macrt on the way...I hold out....

What do you do?

Only for the free share at SC 😅

SL , the gain was lower than calculated by Getquin , was close to a minus 🤷🏼‍♂️

Flies out of the depot

𝗠𝗮𝗿𝗸𝗲𝘁 𝗡𝗲𝘄𝘀 🗞️

𝗖𝗵𝗶𝗻𝗲𝘀𝗶𝘀𝗰𝗵𝗲 𝗥𝗲𝗴𝗶𝗲𝗿𝘂𝗻𝗴 𝗲𝗻𝘁𝗲𝗶𝗴𝗻𝗲𝘁 𝗔𝗹𝗶𝗣𝗮𝘆 / 𝗟𝗶𝗹𝗶𝘂𝗺 𝘃𝗲𝗿𝘀𝗮𝗴𝘁 𝘇𝘂𝗺 𝗜𝗣𝗢 / 𝗖𝗮𝗿𝗱𝗮𝗻𝗼-𝗡𝗲𝘁𝘇𝘄𝗲𝗿𝗸 𝗺𝗶𝘁 𝗵𝗶𝘀𝘁𝗼𝗿𝗶𝘀𝗰𝗵𝗲𝗺 𝗨𝗽𝗱𝗮𝘁𝗲

𝗘𝘅-𝗗𝗮𝘁𝗲𝘀 📅

As of today, Best Buy ($BUY (-0,68 %)), Ecolab ($ECJ (+0,57 %)), Smith & Wesson ($SWS (-1,04 %)), Camping World ($C83 (-0,15 %)) and Solaris Oilfield ($68S (-0,39 %)) are traded ex dividend.

𝗤𝘂𝗮𝗿𝘁𝗮𝗹𝘀𝘇𝗮𝗵𝗹𝗲𝗻 📈

Today, Oracle ($ORC (-0,32 %)), ITM Power ($IJ8 (+2,92 %)), Net 1 Ueps Technologies ($NJPA (+0 %)) and SeaChange International ($SEAC) will present their quarterly results.

𝗜𝗣𝗢𝘀 🔔

𝗢𝘅𝗳𝗼𝗿𝗱 𝗡𝗮𝗻𝗼𝗽𝗼𝗿𝗲 - The United Kingdom biotech company has announced it is seeking an IPO on the London Stock Exchange. The company is developing a portable DNA/RNA sequencer that makes it possible to analyze biological data in real time. Financial Times reports that the company could be valued at £4 billion at IPO. To date, Oxford Nanopore has received funding of more than £600 million.

𝗟𝗶𝗹𝗶𝘂𝗺 - The Munich-based flight cab start-up was able to raise significantly less capital than originally hoped during its IPO. The company's goal was to raise fresh capital and global attention through a Spac IPO. This type of IPO is designed to save time and money for the company in question by allowing it to be bought by a special purpose acquisition company (Spac). In this particular case, Lilium was to merge with New York-based shell company Quell. Quell shareholders voted in favor of the IPO on Friday. As part of that IPO, Quell shares were exchanged for Lilium shares. However, 65 percent of investors did not take this deal and instead returned their share certificates than exchanged them. This reduced the initially projected revenue from $830 million to $584 million. This also lowered the valuation of the company to 3 billion US dollars.

𝗠𝗮𝗿𝗸𝗲𝘁𝘀 🏛️

On the German stock market, the new week starts with high hopes for a coming recovery. After a comparatively weak year, German shareholders are hoping for an upturn. The DAX is up about 10% since the beginning of the year. By contrast, its French counterpart, the CAC 40, has grown twice as fast. This is primarily characterized by luxury stocks, such as LVMH, which have recently been able to shine with strong price gains. The new upswing in the DAX is now expected to come primarily from the 10 new stocks included in the DAX. These should help the DAX to be more diversified and to represent the German economy even better. This should also make events on the German stock exchange more fast-moving.

Alibaba ($AHLA (-2,95 %)) - The power of the Chinese government on the economy continues to stretch. The Financhial Times reports that the credit business of Ant Group's payment service Alipay, which is a subsidiary of Alibaba, is to be broken up and outsourced to a partially nationalized joint venture. In addition, Ant is also slated to share user data, which can then be used by authorities to conduct credit checks. Globally, Alipay has about one billion users. In China, the company has a market share of over 50%. 40% of Alipay's revenue is generated from the credit business.

𝗖𝗿𝘆𝗽𝘁𝗼 💎

Cardano ($ADA-USD (+1,76 %)) - Yesterday, the world's third largest cryptocurrency received arguably the most significant update since its creation. This update is expected to usher in a new era where smart contract applications are possible on the Cardano network. According to BTC-Echo, this represents a milestone for Cardano and it could also mark a significant turning point for the Decentralized Finance (DeFi) world, which to date is still mainly dominated by the Ethereum network ($ETH-USD (+1,17 %)) dominates. The Cardano ecosystem currently consists of about 150 different projects, all running on the newly deployed network and originating from Cardano's "Catalyst" funding program.

By far my largest position in the portfolio: ITM Power

What does ITM do? ITM Power manufactures integrated hydrogen energy plants and specializes in electrolysers and hydrogen for fuel cell products.

What is the goal? The hydrogen company's goal is to capture excess energy from the power grid that can be temporarily stored as needed and then converted into clean hydrogen.

Partnership with Linde - 17.5% stake in ITM Power

In 2020, ITM Power joined forces with Linde Engineering. The focus of ITM Linde Electrolysis GmbH will be on the production of green hydrogen and the decarbonization of industry.

What do you think about this company? Or do you even have ITM in your portfolio yourself?

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Source: ITM Power

$IJ8 (+2,92 %)

Today a discussion topic about hydrogen. Here the opinions go quite far apart - for some it is a hype & for others the future.

General information about hydrogen:

As a fuel source, hydrogen's energy conversion is two to three times more efficient than conventional engines.

So it can be driven a further distance with less fuel. The only waste product during production is water.

Hydrogen-powered vehicles do not emit any CO2 or other harmful gases such as volatile organic compounds, carbon monoxide and nitrogen oxides.

Negative aspects:

The production of hydrogen is currently still very expensive and energy-intensive. Also, the cost of fuel cells and building the refueling infrastructure is too expensive.

Furthermore, only with regeneratively generated electricity - from the sun, wind or water power - can fuel cell technology be considered truly environmentally friendly.

What is your opinion on hydrogen? Does hydrogen have a future?

$LIN
$AIL (-0,22 %)
$D7G (-0,43 %)
$PLUN (+9,5 %)
$FEY2
$PO0 (+6,9 %)
$IJ8 (+2,92 %)