The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
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.
Aim
I'm glad you're experienced in markers.....don't you mean crayons?
Any news on your interpretation FRS 102 requirements in respect accounting for impairment of assets?
Must say, with the amount of cash burn and likely negligible sales I regret that 10p seems fair.
Garonne, you referred to acciona and keltbray deliveries “ If this occurs in the next few trading days as expected then I think the SP will respond positively”. Whilst I certainly hope it does, I can’t see it, I think you’re expecting too much. I don’t think it is currently a market that rewards this type of thing. The external (to Afc) conditions are extremely harsh, and now on top of all of that our domestic political scenario is now also in turmoil. This will move when there is a contract for sales, and only at that time, until then it will be largely driven by the broader market (up or down). I think there is still a long way to go in the current (sorry) negative cycle. Inflation is continuing to rise, so interest rates need to be put up, but if that happens, we go in to a recession. If they don’t put it up people will lose confidence in the UK which affects our currency and a whole lot of other problems crop up. All this has to play out. This is not a slight on AFC, they could very well prove their product and start sales, in which case buying while the prices are low and on bad days could very well be a great opportunity’s. I personally would not expect something in the next couple of days to magically put this back on an upward trajectory, but that is simply my opinion. I make wrong calls often like topping up at 41 and then more recently 25p! Glah. This will require patience, at least 6-9months of it. Imo. Dyor.
I said it "looks to me" but I concede having read Git and Alt's reply that it was a poor choice of wording and am happy to retract my suggestion that delays on delivery are down to procrastination or deliberate delays by AB or anyone else at AFC. Sometimes one can write things that seem reasonable at the time but on reflection are clearly not.
That’s shocking gf but also not really surprising. I wonder if they actually tested their website worked before go live, judging by the number of spelling/grammar errors maybe they didn’t and enquiries aren’t being received
Aim
James Simon may not hold any shares, his holding may be worth exactly the same as yourssoon, given the current trajectory…….never mind, no sale equals no loss, eh…..
Aim
How’s the portfolio looking…..oh, I forgot, absolutely fine because you haven’t lost anything yet.. hahahahaha!
I guess because it looks to me like he's been deliberately delaying or stalling the long awaited delivery of these contracts for whatever reason. Wasn't it meant to early in 2022 for HFC delivery? Doesn't take you long to pounce Alt!
I agree with DW in that the market wants to see actual hardware going out the door to Acciona and Keltbray as promised. If this occurs in the next few trading days as expected then I think the SP will respond positively. If they drag it out longer the SP will be in the gutter in single digits. Bond's procrastination has cost shareholders dear. It's quite shocking really to see it back at these levels and all the time he's getting paid over £70000 a month or just under £18000 a week albeit before tax! Value for money?
Wow, this is relentless , still holding but man!!!
down 25% in the last 2 weeks alone, anyone not feeling the pain from this is an absolute a: liar b: sadist or c: complete moron.
I think that anything around this price represents good value for Afc.
It will come good. On its own, as part of a buyout.
People seem to think very short term.
If you are after a quick buck go trade commodities like crude oil, its volitile af at the moment.
I’ve been warning holders here . Our ceo has been over promising and under delivering . Sadly I hope I’m wrong the fall is not done yet . The mkt has lost confidence in management.
The way its going should be there within 2 weeks.
Well sector or not its hurting.