I agree with your assessment. What the company have been saying over the past year does seem to be being matched by events in South Korea.
RE: Re: Maninshed
Again, from the June interims: 'The Company views its prime geographic focus as South East Asia with strong interest from Thailand, South Korea and Singapore. There is clearly a very high demand for our type of fuel cell, amongst others, and the appetite for fuel cells dwarfs other world markets. We expect to begin taking our initial orders in this region over the next six month period' I'm not so much defining it myself as going by AFC's own guidance. The early agreements will probably entail an initial Kore installation followed by the build up of capacity. What I've been pleased about is that after a long period of extended timelines we've hit the initial phase of agreements/orders and AFC seem to me to be doing what they said they would. I'm also not expecting miracles but in a recent blog IW confirmed that it won't take many MW of installations to break even. In short I'm expecting this to move up quite a bit faster than your timeline on your original post.
How do you define short/medium term? I say 1-2 years is short term. All I was trying to say was don't expect some sort of miracle in this share for a while. Things take time, business takes time. They're not going to release an RNS tomorrow saying "oh and btw, we got a contract to slap a KORE on every power station on the planet".
RE: Nothing will happen this year.
You appear to have skipped a year between your header and your comment. I don't understand how your comment is consistent with this from the June interims: 'We are active worldwide and are in ongoing dialogue with several prospective partners that should see the debut of AFC Energy's fuel cell across several locations in the short to medium term.' as well as with the two RNS's from last week.
Nothing will happen this year.
No real news will occur until 2016/2017. Will the share price sink until then? Probably. But its cheaper holding on to shares then trying to second guess the random fluctuations of day to day prices if your believe the company has something of value.
very quiet on here
im bored. nothing to do. now 12 months ago. remember then. 45p and rising. 12 month longevity results 2 days away. 53p hit. them was the days. need some excitement back. cmon afc. any updates. oh well. back to the sunshine. maybe later. ??
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