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Well said Jimmy, I concur, I absolutely concur!!
Pandy2,
I’m gobsmacked at that almost support for Garmoan. We long term holders have not enjoyed the recent share action but we don’t daily berate the CEO, clearly portray a negative agenda and repeat the same comments day after day after day after day after day. Agenda or severe worrying mental health issues. Who in their right mind would try to talk a share down when they hope to use their investment to support an early retirement (allegedly). Please don’t give him any credit for his behaviour. For clarity I took Garmoan of filter just now to see what he’s said re his job and yet again saw endless drivel spouted from him. One of the trolls, their motives are clear…
Jim
P.S. he’s back on filter….. :)
Give over. Have you only logged in today :)
I may be missing some of Garonne's posts but why does he get accused of bashing this share all the time? I haven't seen anything he writes as not being true. He just says it like it is and is currently peed off with the lack of news, decline in SP and the huge salaries being paid to some whilst them offering no decent results that will improve the SP surely. He seems to be sticking with his shares for whatever reason so we all want the same thing. Will be nice to see a decent rise for once tomotomorrow
Seg, big pinch of salt required my friend.
The only security he’s interested in is this stock. Been trying for what seems forever to get this down and now say’s he’s going to post less . Righto.
I won’t miss your endless drivel.
TTFN
You come across as a genuine guy Seg so I hope AFC do succeed so that you and all of us here can enjoy some financial reward. I think we all deserve it after so much pain, particularly recently. In the meantime I guess we'll just have to keep working for a living! I've known and worked with a few guys from the North East over the years. All good people.
I work in security Seg. Been off for a bit due to ill health but BTW now so I'll be posting less at least during the day. (I can hear the cheering from here!) I'd hoped that AFC would help me get to an earlier retirement but alas not! Maybe next year if they ever get round to actually selling some fuel cells!
Traffic warden.
Bought back in mate.?
Some are now saying the 80p SP was never realistic. I didn't read anyone saying so at the time and when comparing the MC of AFC when at 80p, to ITM and CWR, AFC seemed under valued. Even now their MCs are way more than AFC achieved at its peak. Also AFC didn't issue any speeding tickets so they were obviously comfortable with the £500 million plus MC. (as was haggis lol)
The main reason it's fallen back is that it hasn't lived up to expectations due to delay and dither on commercial delivery. In fact I'd argue that AFC has more potential to grow in value than the other 2 afore mentioned companies as its current MC is so low in comparative terms. All it needs to kick start that re-rate are sales pure and simple and if achieved the SP could easily reach 80p in double quick time particularly if said sales signalled the beginning of a transition to profitability. It's not complicated.
I would not write off this year yet, because at some point all the big money will go bargain hunting, and there are a lot of tasty bargains to be had, especially in the areas of clean energy such as green Hydrogen, Fuel Cells, Solar, Wind Turbines, etc. AFC is noe of those bargains.
Be fearful when others are greedy, be greedy when others are fearful. Warren Buffett.
I
"That very short spike to 80 was driven by nothing except tradegate and almost no one got a chance to deal at that price."
While I agree that the spike too the 80's was based on noting but hype, it was there or thereabouts for a while (couple of weeks), and I sold a good portion quite easily at 84. I recall being disappointed at the time not to get higher as I think it hit the 90's intra-day too.
I do agree that it is totally pointless to keep referring to the highs in the 80's as a benchmark here, but those that do will continue do so due to clear agendas..
It (80's plus) was not realistic, not sustainable, and not remotely justified.
Having said that, the current SP in the 20's does seem too low, but this needs delivery, confirmed sales, tangible cashflow, to move this up.
A clear and deliverable government strategy would help too.
Will be adding here at these levels, but awaiting funds to do so.
Whatever the SP though (10p all the way to £1 plus), what is guaranteed is that some will moan regardless, AimM will claim not care either way what the SP is as he is not planning to sell, and Haggis will still continue to do a Haggis.
Despite many being here for 10 years plus, it is clear that this is a LT play, and it will likely be a while yet for meaningful returns, despite my own disappointment with the delivery in the last 6 months of last year vs company guidance (expectation, NOT promise).
Unloved sector currently, so SP drift is not solely down to AFC, imo.
gla
Exactly and although the economy sucks at the moment, green energy is a long term play anyway so just as companies start to make profit and really stamp their authority, the world will be coming out of a recession and everything flying. If your plan was £3-5 in three years time then I would say we are still on track for that. £1 in the next six months…no chance with the world markets this year
Stick to your guns, seg.
Clean energy is the future.
Don’t worry seg, it will rectify itself tomorrow ;)
Fair enough, how about 72 a year ago down to 25? Does that sound any better?
That very short epike to 80 was driven by nothing except tradegate and almost no one got a chance to deal at that price.
SP500 down, green energy up, I like! :borat:
You couldn't male it up... this has gone from 80 down to 25 in around 16 months and because it goes up a tiny bit today Haggis is back doing his thing.
Thuis dog share is no more down than 90% of the other stock you could have your money sat in, so don't talk so much s h I t e.
And this dog share is now BLUE, because clearly there is huge support below this level, so the con men shorting scum can't force it lower for long with that huge support pushing it back up.
I remember being invested here first in 2009 waited 12 years reading the forums daily all the spin and sweet fa happened . Bond is happy with his 300k a year he can string this out for years and have a comfortable life . Why is he bothered he'll l maybe get the boot eventually and move on . N
My experience from 11 years plus its a trading share buy low then sell on the fluctuations nothing more than that.