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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?
Ade,
Remember just over a week ago you were pointing out how Ceres was shooting up? Maybe you should now point out that they’ve fallen 35% since then?
Just been reading about how the demand for data centres will increase for AI. Linked to this was BP saying that they may need to produce more gas.
Don't worry BP there are other solutions to powering data centres.
Ade, you sound like you're in a panic with your ridicules predictions of 10p. I'm sorry to say you'll be in an even worse panic when we get the updates from Afc. Everyone is wise to you now Ade & your constant negative posts on the company. Even an idiot can see that this company has huge things ahead in the very near future.
Ade again look at the 3 month graph - a clear upward trend. you are so dense do you not understand that never in the histopry of the world has a company only had growth days - 0.65% down is literally nothing.
2-3% +/- even with ftsy shares is nothing - its only sustained change over time or sharp and sudden rises/falls which matter.
Results hahaha that’s cheered me up, I was feeling a bit flat this morning
Well its not long now to results. The latest news on how we are doing will accompny those results. We hopefullly will have news before. There is plenty due as regards , Tamgo, ABB, Acciona, Speedyhire joint venture & others ! Also an update on prgress with our new hydrogen cracker modulerisation for onsite cracking of hydrogen. The opportunities for powering shipping world wide with this proven new tech of ours alone will be worth a fortune. Not to mention all its other potential uses.
Basically, they gave AFC a couple of months to pull something out of the bag, I remember Xmas on this board, people were expecting a news frenzy for Jan and February.
And this is why the share price as just done nothing for 2.5 months it’s been held up artificially incase news comes in.
I think big drops are now likely, we might easily see 10P range again soon.
The problem then exists: how do you handle the hydrogen at a site remote from where it is used? Expensive compression etc,.? I prefer the AFC idea of cracking on site where it is used, despite comments here that the cracker is a distraction from AGLs business of making fuel cells. IMHO the AGL cracker is complementary to the AGL fuel cells
Investors finally gave up on AB total failure,under his leadership the company has treaded water ,the SP languished,he has failed to deliver or communicate anything of substance during his failed tenure.
another sea of green filtered messages today. hope i am not missing anything of interest but suspect its the some ole ****e.
Ah, the AFC cracker…..a welcome diversion from the core business of making a commercially viable fuel cell..here’s a revolutionary thought, how about, just for once, the company actually concentrates on actually delivering something that someone actually wants, rather than just coming up with wizard new ideas that simply soak up resource and do nothing other than aid this long running smoke and mirrors farce.
16 trades, not single one buy and bid is struggling to stay above 18p
No news no chats on the board as AFC investors finally given up???
I predicted 17p around February end, but I’ve also predicted 15 by April I can see both of these predictions coming true.
Fork Tongue Nut jobs.
The European Commission on Tuesday recommended a 90% net greenhouse gas emissions reduction by 2040 for the bloc, compared to 1990 levels.
It came after the Commission published a detailed impact assessment on possible pathways to reach the target of making the EU climate-neutral by 2050.
"Based on this impact assessment, the Commission recommends a 90% net greenhouse gas emissions reduction by 2040 compared to 1990 levels," it said in a statement.
The recommendation is in line with the advice of the European Scientific Advisory Board on Climate Change (ESABCC) and the EU's commitments under the Paris Agreement, according to the Commission.
"Setting a 2040 climate target will help European industry, investors, citizens and governments to make decisions in this decade that will keep the EU on track to meet its climate neutrality objective in 2050," it said.
The plan will send "important signals" on how to invest and plan effectively for the longer term, minimizing the risks of stranded assets.
"Achieving a 90% emissions reduction by 2040 will require a number of enabling conditions to be met," said the Commission, adding that the starting point is the "full implementation" of the existing legislation to reduce emissions by at least 55% by 2030.
It further stated that the Green Deal now needs to become an "industrial decarbonisation deal" that builds on existing industrial strengths, like wind power, hydropower and electrolysers.
Pointing out that the bloc will continue to develop the right conditions to attract investment and production, the statement noted that a successful climate transition should go hand-in-hand with strengthened industrial competitiveness, especially in clean tech sectors.
https://www.aa.com.tr/en/environment/brussels-recommends-90-net-greenhouse-gas-emissions-reduction-for-eu-by-2040/3129678
"A prototype power station which will turn ammonia into hydrogen is due to be given planning approval next week."
"It will be located on the same spot where one of the cooling towers at the former High Marnham Power Station once stood before its demolition."
"The plant will use an electric heater to ‘crack’ tanks of ammonia gas into harmless nitrogen and hydrogen, which can be used as a renewable source of energy."
"It is expected to produce 200kg of hydrogen per day, which applicant JG Pears Property LTD says will be useful for construction sites and other industries that have difficulty connecting to the electricity grid."
https://nottstv.com/prototype-hydrogen-power-station-set-for-approval-on-high-marnham-site/
Maybe that was a bit strong on Bondy but he's definitely got an agenda!
Mucksy,
Glad someone else is old enough to spot the reference! :-)
Why do you post on here Bondy? You went from basher to ramper in one foul swoop. Most odd! You're clearly here for nefarious reasons.
So was Alphaville