The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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While AFC Energy touts a singular deal with a hire company, ITM Power is securing transformative agreements, like the recent £150 million deal with Hygen. This agreement, involving the delivery of 200 MW PEM electrolyzers in the UK, not only eclipses AFC's entire market cap but also underscores ITM's substantive market presence—less about hype, more about tangible sales. We're merely a few FIDs away from potentially tripling our share price within six months, suggesting this could be just the beginning for those with a long-term view. My advice? Broaden your hydrogen portfolio beyond companies with limited operational scale, like AFC. Diversifying could safeguard your investments as the sector expands. Best of luck navigating these exciting waters.
Don’t forget in the annual report it said initial testing is expected to complete within 2024 followed by CE marking, so while final wiring being done now it’s still a year away from being certified.
Final wiring sounds like it’ll be ready next week 😂
More like next year.
What happened to the software issue that was delaying it ?
Well Git he lied at least some years back announcing contracts and then confirming 2 -3 years later that he did not have a product then at that time. Today he only feeds well known expectations knowing his time frames and positive wipe at least will not happen timely , you can call this a type of lying or story tales or 🤡
McStock
Its funny when you've got ramping drivel to post, you're always here, but when asked a simple question that you can't bat away, you go all quiet on the western front......
I think Peel Hunt have a vested interest in forcing the purchase of UK shares. Sure, the stamp is not ideal but it is 0.5%. That's not putting anyone off investing in a company. If the ammonia cracker is not priced in it is simply due to it having no immediate commercial value. If it is not priced in at all, then the market sees no "potential" commercial value either.
McStock
If the question is, as you suggest "drivel" then it should be but a nano second's work for such an intellect as yours to answer, an simple yes / no will suffice
Answer the question
Someone seems really desperate today to bash the stock. Pity for them that nobody is listening to the drivel they post.
McStock
So, once the final wiring is done, is AFC going to be able to recognise any more of the £2.0M contract price?
Simple answer to an easy question
Hopefully a 30kW AFC Energy Hydrogen Fuel Cell Generator will be there. We know they have at least one and should have a few more by the date of the event, and this is the ideal event to show it off.
Speedy: "Join Us at our Southampton Net Zero Product Day Event!"
We’re thrilled to invite you to our Net Zero Product Day & Southampton Customer Launch Event. This exciting occasion will showcase Speedy Hire’s commitment to sustainability through our ground breaking strategy, “The Decade to Deliver.”
Why Attend?
▶ Inspiration: Be inspired by our vision for a sustainable future.
▶ Insight: Gain valuable insights into our sustainability initiatives.
▶ Innovation: See brand-new ECO products and state-of-the-art service centre technology
Please RSVP to your Account Manager
https://www.linkedin.com/posts/speedy-hire_netzero-esg-sustainability-activity-7189579392153452544-Q2xv
AFC Energy 86p average broker target. Ammonia Cracker worth more than the current market cap, but not priced in yet. 200kW system not priced in yet either. These points demonstrate that AFC Energy is significantly undervalued. It is something the company is hoping to change with it's Capital Markets Event in 11 trading days time.
Here's an interesting post on LinkedIn from broker Peel Hunt today, showing how UK stocks are being hoovered up, many by foreign companies/competitors. This is because the majority of UK stocks are very undervalued compared to other markets, especially USA. As UK investors we all need this to change, preferably sooner rather than too late. This is why I asked the question on the IMC meeting on whether the board had looked at listing on NASDAQ or the UK main market.
"There is no doubt that the UK has some great companies - this is clear from the number of people who want to own them. The Darktrace news today means that 21 UK companies are being bid for in just 4 months of which 12 are FTSE 350. At this rate there won’t be much left. There is no point whistling to keep our spirits up - the answer is real and rapid change, such as pension reform, a British ISA and removing stamp duty."
https://www.linkedin.com/posts/charles-hall-38a5b015_bhp-buyout-of-anglo-american-deals-another-activity-7189539136427499520-45ml
How are AFC and ABB going to support a service station with multiple fast chargers ? They’ll have a queue of lorries with deliveries of hydrogen longer than the queue of cars waiting to be charged. Until the fabled world’s best ammonia cracker is ready it isn’t going to happen, even though years ago Bond dismissed crackers as being an issue with a wave of his hand and a casual throw away comment that we can just buy one off the shelf.
Tennents,
Yes, great to know that the 200kW is nearing completion, just on the final wiring now.
https://ibb.co/VWr28bW
I rest my case.....someone quoted earlier
"Adam did say that every tower that has gone out on trial has been paid for at a premium to what a diesel gen set would cost."
What wasn't mentioned, though, was that very little actual consideration was paid for the use of the amazing towers of power, because they were actually "paid for in kind" in the form of "Marketing services" ......how can they have been "paid for at a premium" of the company actually received very little real for the use of the units, so yet again, we have a cherry picked element of the true situation......
Pomm
Adam doesn't lie, and that's a fact. What does happen, though, is that everything that comes out of the company is so veiled in ambiguity that it can be interpreted in so many different ways. No evidence is ever released which gives either the acolytes or the naysayers the opportunity to prove that their side of the argument is right, and by definition, the other side wrong. This approach can be viewed in one of two ways, either it's a very clever strategy adopted in the light of unforseen delays, basically keeping the balls in the air until such time as the wrinkles are ironed out, designed to buy the company time before the market becomes disenfranchised, or its a deliberate and cynical strategy designed to mask the fact that the company is nothing more than a lifestyle vehicle for the directors.
I'm keeping my own counsel on this, and not calling it one way or the other, I'm simply posing the question, where is the actual evidence to support the rhetoric which the ubers so avidly lap up.
Yeah the pps and interest in this shares and the Adam Bond story takes seems to be huge, reflected in strong buying volume and a increased pps - lol
Brightfuture
Thanks for your notes on the AGM.
The constraints in the UK electricity grid are a massive problem. There have been housing development projects in west London put ‘on hold’ i.e. effectively abandoned, because of electricity grid constraints in that part of the city.
I also read an article by the MD of one of the UK motorway service station operators. He was complaining that grid supply is strangling their plans to install changing points at service stations. It is particularly difficult for the fast-charge units, that everyone really wants, as they consume much higher power inputs.
He reported grid connection waits of greater than 7 years being quoted on some projects. We might reasonably expect those delays that to get longer rather than shorter.
No real prospect of this issue going away soon, as planning objections are endless, and we have no govt willing to address that issue.
Just as well ABB (and others) will be offering off-grid capacity for applications like service stations, bus depots and commercial vehicle charging requirements.
I attended this AGM, but i dint come away feeling positive it felt like they were expecting further drops in the share price.
Eddietheo,
Great to hear more positive views from the AGM, always appreciated to hear from those that attended (way better than reading BS from those that didn't! attend but try to make out they know more than those that went)
Will that help AFC actually deliver something commercial to a customer ?
Wish you would perhaps try it in water
And heads in the sand for another 12 months
And they're off
Well it looks like the AGM was so informative that all the LTHs are loading up, hoovering up all the cheap stock….except they’re not, tells you everything you need to know. They’re happy to hear that everything is going well.
The delay with the ABB unit was previously described by Bond as being a software issue, now apparently it just needs some final wiring, this sounds very similar to the excuse with Altaaqa and the piping issue containerising the system.