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The 30kw system and the 200kw S+ and the methanol fuel tower are still showing as coming soon, not listed as available to buy now, are AFC not confident enough to take orders for them ? Why aren’t they taking orders ? If I placed an order for 10 x 200kw systems by the time all the materials were procured and delivered the first system would have got CE approval.
While AFC are busy helping companies greenwashing they’ve also done a great job brainwashing you too. You still can’t see that genuine investors that have been here over 10 years are starting to get a teeny weeny bit peed off that there is STILL zero commercial traction. Anyway, AFC have less than 5 months to deliver the first £2.7m of power towers to Speedy, that’s a hell of a lot of towers, the 3 or 4 you see in the warehouse isn’t going to cut it. Where are they being built ? There is no mass manufacturing agreement and even if they did there wouldn’t be time to make them all.
Hasn’t anyone sussed it yet? All this company does is act as an accomplice for anyone who wants to do a bit of greenwashing.
“Ok, chaps, we need to do a bit of greenwashing to make it look like we’re into all this eco twaddle, any ideas? Well, yes sir, we could always take one of those AFC amazing towers of power on loan and pretend to be trialling it, it won’t cost anything because they will be so desperate to show that someone might actually be interested in it that we can more or less have it for free….and we get free PR into the bargain because they will be dead keen to show the world that were involved….free greenwashing and free PR all in one hit”
No brainier really….
SOON for AFC shareholders is within the next 12 months.
Just noticed that typo LOL!!
I guess you guessed it should actually say "A BIG order of AFC Fuel Cell Gensets"
Acciona: "We have won the Sustainable Contractor of the year award at the BIG Project ME Awards for our commitment to reduce the carbon footprint in all our projects"
https://twitter.com/ACCIONA_EN/status/1755265889337847909
A bog order of AFC Fuel Cell Gensets will certainly help them 'reduce the carbon footprint in all our projects', and I expect to see that SOON!
FAKE NEWS. UTTER GARBAGE. TOTAL LIES.
Popped on for the first time in a while. Still see that you’re moaning Garone. Yes he might be a waste of space and we may all lose our money but you don’t really need to spend your whole life on here bashing him and the company. But if that’s what makes you happy then crack on!
Git, you’re a factor of 10 out, it was 8000hrs of power tower rental, that is likely to be the only actual commercial revenue for all of last year.
In other news, it seems Speedy got what they wanted out of the partnership without even hiring a unit out !
We are delighted to announce that Speedy has achieved a CDP A- score for carbon reduction, an improvement from our score last year, which was a B. This demonstrates our commitment, transparency, and performance on climate change. 🥳🌍
Commitment to meaningful and measurable environmental action is more critical than ever, which is why Speedy disclosed through CDP in 2023. Along with 23,000+ companies, we are harnessing the power of our data through transparency and accountability to set a course to a sustainable future. 🟢
The Aim market seems to me to be a casino where company directors get rich at the expense of gullible shareholders. AFC is reinforcing my view on this.
Still failing to communicate with the people who own this company i.e. the shareholders! The longer the silence goes on the more likely it is that news when it eventually comes, will be bad. Wonder when the shareprice will start rising as per the hockey stick prediction from Dixon Clarke? It's all total BS of course.
Now Haggis is posting the usual drivel you know this is definitely going to drop.
Background:
RNS Number : 2854G
AFC Energy Plc
18 July 2023
Review to be undertaken for co-locating further development and large scale contract manufacturing of H-Power Generators in Germany or Europe to take advantage of growing market interest.
The European Union continues to invest heavily in its hydrogen sector, with Germany in particular playing a lead role in the adoption of the decarbonised fuel. As AFC Energy grows its pipeline of projects and deployments, it is important that the Company secures its footprint in the EU.
Germany is also seeing materially lower cost hydrogen available for commercial and facility based usage, making the decision to position AFC Energy's FAT in Germany not only a sound strategic decision, but also one which is expected to provide substantial savings to the Company over the life of the Air Products hydrogen supply agreement.
As a consequence of this decision, AFC Energy is also commissioning a study into the potential co-location of development and large scale contract manufacturing facilities in Germany to support the growth in system deployments. Germany benefits from an existing supply chain for fuel cell components with a large number of automotive and skilled manufacturing facilities able to meet the projected fuel cell pipeline.
Today's news:
"EU aims to be a leader in green tech production"
European Union policymakers have agreed new rules to promote local production of clean tech equipment such as solar panels and fuel cells to try to help EU industry compete with Chinese and US rivals.
The Net-Zero Industry Act (NZIA), which is likely to enter force this year, is part of the EU's push to ensure it is not only a global leader in cutting greenhouse gas emissions, but also in manufacturing the equipment required.
Proposed alongside the Critical Raw Material Act, the NZIA is part of the EU's response to the $369 billion of green subsidies offered in the U.S. Inflation Reduction Act.
The NZIA sets a benchmark for European manufacturers to produce 40% of the EU's annual needs of clean tech products by 2030 and sets it on course to be the first climate-neutral continent by 2050.
The target applies to equipment needed for eight "strategic technologies" - solar power, wind power, batteries, heat pumps, electrolysers and fuel cells, biogas, carbon capture and storage, and electricity grids.
https://www.thehindu.com/incoming/eu-aims-to-be-a-leader-in-green-tech-production/article67820467.ece
Then pretend to sell up your imaginary shares and do one!
Then do it and shut up. We don’t need to hear your attempts at scaring people to sell. No one listens to your advice. You are a massive knob. Come see me, I am round your mums.
No it isn't, there's insufficient volatility.
I'm not at all confident, simply because like everything this company does, anything pit into the public domain is so ambiguous that it can be interpreted exactly how you want, so if you are of a delusional mind, then you will read that all is good, but if you are of a more sceptical disposition, then there could be a completely different interpretation.
All I know is that the company needs to be seen to be selling product at a margin sufficient to make the thing a sustainable entity, and until I see hard evidence of actual commercial sales, then I will remain unconvinced that this is anything other than some well paying vanity project for certain individuals.
Construct
No need for a board vote, the answer is obvious! The Uber denialist rose tinted spec merchants will make sure that they massively outnumber anyone who may just possibly get the vibe that the Emperor is indeed butt naked
To SHORT this, 70% profit at least
Well Gitfinger, When we get the updates from AFC shortly we will see who's predictions are correct, yours or mine.
I think we should have a board vote to see who agrees with me or who agrees with you !
Because people got pulled into again on JAM tomorrow news. It turns out after all the noise there is no real news and the longer it goes on the more it will drop.
AFC as its best months normally in Jan & Feb so who knows how bad this will be hit when AFC get into their worse performing months around the summer time.
People need to start asking why AFC cannot sell anything??? and is all this just a front for AFC CEOS to make a good salary for a few years before the gravy train runs out which will be soon with the cash burn.
Point and counter point.
1. The world's most efficient 99.99% Hydrogen cracker technology , proven & in the process now of being Modulerised to replace the wolrds existing Dirty Diesal engine's. This Technology if Afc has a infinite number of other applications. This alone is going to bring in a massive increase in Revenues for Afc.
Not a product yet, though, is it? like so many other "next big things"
2. £1.4 million of deferred revenue from last year to be recognised this year end.
Do you actually know what deferred income is? It's money you've received for which the work hasn't been done. Do you not think that there will be a cost associated with recognising the £1.4M which may well be more than the £1.4M....This isn't a positive, but a negative.
3. Other Revenues increasing all the time.
Mostly grants, though, as opposed top actual trading income. More like a charity than a commercial operation.
4. Revenue from supplying the Hydrogen oroduced by our Cracker Technology supplying numerous & increasing customers every week.
The cracker isn't commercially viable yet (but that little fact never stops people waxing lyrical about the fuel cell that its/y viable either)
5. Contract with Tamgo yo supply construction equipment in Saudi Arabia & 16 other countries in the Middle East & North Africa ( This will be a massive revenue increase for Afc on its own. The NEOM project alone in Saudi is of a phenominal size.
It's not a contract for supply of anything, it's an agency agreement with no tie in.
6. Speedy Hire joint venture will also see a massive revenue increase from new & existing customers already Trialing our equipment Speedy Hire have already stated the intrest from their customers for Afc energys Equipment is huge.
But they would say that, wouldn't they, because they are trying to hire some of the units out to effect the greenwash. Let's not get carried away, how many units are / have been out on trial? not many, and what have we got so far? 800 hours lease....
7. ABB, another one of our long term partners covering EV chargers, shipping, data centres rtc will shortly be announcing an update on the next stage for orders etc.
50% discount anyone?
8. Acciona another important partner that's been successfully Trialing & ordering our Equipment!
Have they ordred though? they've had long enough to decide whether it's a goer or not
9. Numerous other customers & increasing genuine intrest.
50 or so qualified leads possibly?
Things are looking fantastic for the near future of AFC ENERGY & I'm sure everyone will be very pleased with further news released during 2024 & 2025.
Things are looking fantastic for AB's bank account, and I'm sure he will be very pleased during 24 & 25
1. The world's most efficient 99.99% Hydrogen cracker technology , proven & in the process now of being Modulerised to replace the wolrds existing Dirty Diesal engine's. This Technology if Afc has a infinite number of other applications. This alone is going to bring in a massive increase in Revenues for Afc.
2. £1.4 million of deferred revenue from last year to be recognised this year end.
3. Other Revenues increasing all the time.
4. Revenue from supplying the Hydrogen oroduced by our Cracker Technology supplying numerous & increasing customers every week.
5. Contract with Tamgo yo supply construction equipment in Saudi Arabia & 16 other countries in the Middle East & North Africa ( This will be a massive revenue increase for Afc on its own. The NEOM project alone in Saudi is of a phenominal size.
6. Speedy Hire joint venture will also see a massive revenue increase from new & existing customers already Trialing our equipment Speedy Hire have already stated the intrest from their customers for Afc energys Equipment is huge.
7. ABB, another one of our long term partners covering EV chargers, shipping, data centres rtc will shortly be announcing an update on the next stage for orders etc.
8. Acciona another important partner that's been successfully Trialing & ordering our Equipment!
9. Numerous other customers & increasing genuine intrest.
Things are looking fantastic for the near future of AFC ENERGY & I'm sure everyone will be very pleased with further news released during 2024 & 2025.
Figlio di puttana
Shall i also point out that Speedy hire have continued to fall to a all time low?