Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full video here.
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Https://www.linkedin.com/posts/afc-energy_proud-to-be-partnering-with-speedy-hire-at-activity-7178687105630375936-0cRa ....There are other videos on youtube from the event .
Snork,
One of the more sensible comments on this board!!
>Where is the £27m order book if it's taking 3 years to get to that amount of revenue?
It was explicitly stated it's contractual. Not sure of your trying to correlate over previous years where it didn't exist.
There's no way on this planet Bond has under done figures and been cautious! Not in his entire history here has he done that
Very early stages? We keep hearing that every year. Amazing how much investors here just accept it all. Don't argue it all.
Where is the £27m order book if it's taking 3 years to get to that amount of revenue?
The simple fact is that shares are worth what people are prepared to pay for them
Interesting prezzer. The revenue figures are way underdone IMO - the next three years were what - £6m/£12m/£30m?That’s not even twice the current pipeline. Once TAMGO gets going things will crank up, and the cracker will add something eventually. Point is, it’s still v early days and almost impossible to establish accurate estimates, hence an abundance of caution. The cracker is also at far too early a stage to realise its potential value, but I can believe AB’s view of its worth to the company. Very positive about the future.
I think the trolls should use barchart rather than British bulls .Barchart have afc as 100% buy
Would be better off aim less manipulation as there would more book runners so it would be watched more
Why would you sell your biggest potential money earner for the company. With the cracker revenue they probably wouldn't need to go back to shareholders. I'm sure their are plenty of investors lining up to put funds into the Ammonia cracker tech in order to speed the finished product up. As Adam said they have been in discussions with chemical, major energy providers & others greatly intrested in having this technology.
£6 mill revenue in 24 and £12 mill revenue in 25?
Blimey that's way under where we should be. Plus that's Bonds predictions which he's always got wrong.
A long long wait for that SP to go up. That revenue is tiny
He said NASDAQ is usually a minimum of £500m MCap, maybe even £1Bn, so he'd need the AFC MCap to be a lot higher to enable that.
I don't see anything to block us from moving to the main list of the LSE, we'd still be in the small cap section, but as it's a full listing it opens the stock up to a lot more ii's.
AIM is pants right now, going nowhere right now, it has a bad reputation because of the large number of oil and mining stocks on it that fail, and all the good stocks like AFC get tarred with that same bad reputation brush just because they are on AIM. You don't get that with a main listing.
I'm confused, in one breath Adam is saying all the investment money is flowing out of the uk. Yet in the next breath he foesnt think its a good idea to list the company on another exchange !
Maybe they will be.
Or alternatively they are waiting for the validation and testing to be completed, and the shrinking of the Ammonia Cracker into a dishwasher sized unit, followed by validation, FAT and CE Marking of it, whilst talking to AFC about how they can form a JV or invest in it, or license the IP and mass manufacture it like Bosch and Weichai do with CWR.
The comment about being undervalued is why I asked the question about moving to the full UK listing or dual listing on NASDAQ, as those are both ways to attract bigger ii's that do not touch the AIM market.
The answer "We've more institutional investors in AFC now than we have ever had before" and "We have a number of them visiting AFC to learn more" is all well and good, but if as he also said, they keep doing redemptions, that does not help, so moving up to a full listing would at least bring in more ii's and increase the overall ii holding. I can see his point about the MCap being too low for NASDAQ, but getting off AIM would IMVHO do a lot for the stock.
INTERESTING
The one about selling the Ammonia Cracker business, his reply said it all, including that it's worth more than the Market Cap of the company, which is currently £139.77m.
If this were true, and AFC had a decent 1st movers advantage over the competition - then imo they would be taken out in a heartbeat.
Hi Tweedly. I think you have summarised things well. Your comments and those by StockCheque, PepeT2 and Occasionally are as I heard it too. There is a lot going on but negotiations and NDAs prevent too much being said. For now.
Very positive and not chasing too many products and markets but prioritising sales. A mature and professional approach. Well done AFC, keep going, the share price will sort itself out.
"hey do want to raise more cash to accommodate their scaling of the business." as he said "at some point" and clearly that point is not for some time yet, as they said in many other sections of the video that they are not planning to go big yet, they are using 2024 to deliver to Speedy, Acciona, TAMGO and ABB, with mass manufacturing agreements signed this year for scale up lined up for 2025, so from what is said on the video I do not expect any fund raising until late 2024, when the share price is hoped to be a lot higher. And they could always sell the Ammonia Cracker business then, to get a huge cash pile with no dilution to shareholders.
I'd preface that I'm a Layman and going from memory of the presentation.
There are clearly obvious upsides and downsides.
They do want to raise more cash to accommodate their scaling of the business. The order book they have is strong centres around the power towers.
ABB deal alive and well (clearly a thing that was questioned on these boards)
Maintain the 'hockey stick' growth. £6M revenue this year, double the next, double again.
Break even in 3 years.
Ammonia cracker, 200kW revenues not factored in yet. Accreditation of 200kW likely in ~6 months. ABB incentivised to buy in bulk.
I believe the presentation was recorded and will be made public for others to draw their own observations.
* buys *
Not many that I can see, and some of those are obviously bus when you look at the prices around them.
I quite agree. I got several questions answered, plus a few where AB couldn't say anything due to NDA but still managed to tell us as much as he possibly could so that we understood the situation.
The one about who manufactured the stacks, he said we'd be told soon.
The one about selling the Ammonia Cracker business, his reply said it all, including that it's worth more than the Market Cap of the company, which is currently £139.77m.
Selling that would sure provide a huge amount of money to quickly scale up the Fuel Cell business, with zero dilution for shareholders.
Someone's having fun today shifting blocks of 10,20,50k shares.
More baseless drivel from TheLIESgb. Best ignored.
What the CEO states on video is FACT.
Just ignore the troll, don't give it air.
If they have do many insti investors , then everyone just bought a few shares , because the pps tells a complete different story, volume buys would push it up and sorry they might have a few new , but non known ones - lol