London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Bondy, opinion respected but this board has been toxic for a while with certain individuals doing everything they can to trash the company. If you think it’s just opinion based with no motive behind them other than frustration then, I can’t agree.
Look at the talk this morning alone. It’s much better than rehashing the same BS about the CEO etc etc.
AFC Energy expects to announce multiple new system orders in the second half of this calendar year. " 2021 April
Technically, they did announce new orders - ABB, Urban Airport and Keltbray
Adding IMO / DYOR.
@DW - my response to you is, that I acknowledge that AB has made suggestions (not promises) that we are further ahead commercially than what has transpired. However, for me it is more about finding out how they are progressing with both the delivery of existing projects and what the pipeline looks like, rather than calling for his head right now.
If there is positive progress on delivery to existing partnerships, and some insight in to the pipeline / likely near term commercial opportunities progressing I'm happy for now. If we get to the end of Q1 next year and we're still waiting for updates and clarity on these same things it's time to go (for me), way ahead of any time that cash looks like will be needed.
Cheekyboy - I don't think any negative points made on this board have had much to do with the share price dropping.
My view is that the extreme - yes, 'extreme', external factors have done 90% of the damage. The war and it's impact on the rising cost of living, as well as inflation and general macro-economics have caused the investment community to move £ to safer havens. Most stocks, bitcoin etc have suffered considerably. Look at some of the tech stocks, and established companies, losing 2/3rd's of their value despite £bns in revenue.
Companies that have consistent revenues and pipelines will fair better than those with inconsistent revenues and speculative pipelines. In the current climate AFC still has a Market cap of £191m. ITM and Ceres can only be cited as peers to the extent that they operate in the Hydrogen field, but as businesses they are much more advanced than where AFC are, and AFC is much more risky than those two (due to lack of proven pipeline and production line), and, therefore, is likely to be even more volatile (up and down) than they are (hence sometimes drop further than those two and struggle to make the gains back up). One may argue that AFC should be in a better position by now, market ready products etc, but I'm not trying to open that can of worms - I'm still hopeful about the power tower finally being 'that' product.
In the short term however, it is not the 'bashing' or expression of upset about how the company is being run that is affecting the share price. It is the market looking at companies like AFC and noticing that a) there's not a complete product (yet), and b) there's not a consistent, measurable pipeline that helps determine with some degree of certainty where this company might up in the next 2, 3 or 5 years. c) It's already worth £191m which is 38X it's projected revenue of c.£.5m. I think that we will struggle to see these speculative tech stocks hit 50X - 100X revenue multiples until there is a point where the average retail investor has incentive to starts piling back in (rather than piling out) of the stock market - this is not unique to AFC, but to all stocks, especially AIM. Therefore, the only way to meaningfully increase the share price, is to increase the expectation of revenue = revenue generating contracts.
I hope you don't read the above as 'bashing'. If you want some balance, then I'll tell you why I'm invested in AFC.
1. They have a Alkaline chemistry fuel cell
2. It promises to be the lowest cost and highest efficiency fuel cell in its field
3. It is finally in a configuration that looks like it makes sense from a practicality perspective.
4. Flexible fuelling options.
5. Global Partnerships - especially with VARD and ABB - markets - EV charging, Data Centres, Construction etc
6. Some great expertise on the payroll - especially in product.
7. Great opportunities for publicity through exe and UAP and through UKTI
8. Somewhat of a manufacturing facility
All IM
I just checked and can see the buyer of 50k chunks has so far bough 5 more 50k chunks today. Keep it up I say!
I added another 46k yesterday at just over 24.5p it’s so under valued at the moment
Well at least we had a buyer yesterday of 50,000 blocks, and earlier today. So someone with a decent pot is happy to accumulate at these lows.
Croq, I think that’s being slightly naive.
Yes, a coincidence.
Do you really believe that what anyone posts on here has any impact to the SP?
The company has been attacked on here relentlessly for months on end and any news has been swallowed up along the way. 52 week low yesterday and it’s bounced from there with all the bashing gone quiet. Coincidence?
Whether the silence is based on advice from their advisors. I.e why release any news in to a falling market when you can release a string of good news when it is rising? Purely speculative and hopeful I guess, but a possibility?