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Afc Energy Share Chat (AFC)



Share Price: 3.50Bid: 3.30Ask: 3.73Change: 0.13 (+3.86%)Riser - Afc Energy
Spread: 0.43Spread as %: 13.03%Open: 3.50High: 3.50Low: 3.50Yesterday’s Close: 3.37


Share Discussion for Afc Energy




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Barnacles
Posts: 144
Opinion:No Opinion
Price:3.50
RE: Longevity
15 Apr '19
The profitability equation could easily change with increased pressure from greens on climate change and governments needing to be seen to be doing something. Some forms of energy production such as solar and wind wouldn’t exist if it wasn’t for subsidies they attract as clean energy providers. I wrote to the Secretary of State for energy and climate change a couple of years ago and posed the question of subsidies and creating a level playing field across all clean energy providers not just a select few. The answer I got back then was AFC technology is not yet mature enough, but things have moved on since then. I wouldn’t be surprised to see AFC gain subsidies similar to wind and solar which totally changes the profitability equation. If they believe they can be profitable without subsidies then they will be the supplier of choice with them. Perhaps this could be a question for the AGM to prod JR into lobbying his contacts to get a level playing field.
 
13thmonkey
Posts: 120
Opinion:No Opinion
Price:3.50
RE: Longevity
15 Apr '19
Lucky, it's only the point of being profitable if all else stays the same, we've had two new sets of information detailing changes in flow, and manufacturing, so at that point the longevity is just a number, what if they say 3,5 years do we throw out hands in the air, what if they say 3.5 years, and that makes us cheaper than a diesel set because we've also done x,y,z (not that I'm at all sure they done anything), as a number on it's own it's almost meaningless, a comparative number from say two years ago to now is interesting, a TCO number is interesting, based on both of those you can actually start to make judgements and decisions, with just a single data point not so much.
Lucky520
Posts: 9
Opinion:No Opinion
Price:3.50
RE: Longevity
15 Apr '19
13thmonkey. The reason I would like to know where we are with longevity is that bond has set a target of four years which I assume is the target due to making the system profitable to sell and we will have customers lineing up to buy our product. So yes I believe it is important to know how much progress we are making towards the target the bod have set. I understand and appreciate your reply as yes if the cost to make the product profitable is halved then the longevity target can be halved.
13thmonkey
Posts: 120
Opinion:No Opinion
Price:3.50
RE: Longevity
15 Apr '19
BB, comparative longevity, historic to now is useful I agree
BumbleB
Posts: 7,460
Opinion:No Opinion
Price:3.50
RE: Longevity
15 Apr '19
13th monkey. I think you have to be broad-brush. If Longevity was 2 years and it jumps to three that would be significant progress. If it is a matter of days it is not that exciting. Personally I would hope they are getting very close to 4 years now, given that they were targeting strides in the interims, not tip-toeing.
chippyjo
Posts: 3,352
Opinion:No Opinion
Price:3.21
RE: Longevity
15 Apr '19
13th, with more information we can take a view. Buy more or bail out. If so inclined....
13thmonkey
Posts: 120
Opinion:No Opinion
Price:3.21
RE: Longevity
15 Apr '19
On it's own does it matter? If they cost tuppence and take 2 mins to replace and don't need it switching off then a poor longevity is not much of a problem, if they cost shed loads and need a day of downtime then that's a different story, so longevity on it's own is not that useful. The PLACE metrics kind of accounted for that. If they say 2 years and 300 days, what do we do with that information, nod sagely? if they say 2 years and 299 days do we panic sell?

Sorry to sound harsh but there's a much wider picture, better might be the total cost of ownership per 100KW over 5 years, compared to some other system, like diesel generators, or some non-alkaline fuel cell, taking into account servicing, parts, fuel etc.
Lucky520
Posts: 9
Opinion:No Opinion
Price:3.21
Longevity
15 Apr '19
I think a good question to ask is how long is the longevity?!
We know we have surpassed two years now and aiming for four but, is it two years and 1 minute or two years and 300 days?! They will know what the maximum is so try and get them to tell is at the AGM.




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