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If people on here stuck to the known facts instead of guesswork. This would be alot happier board.
All I'm saying is you may well be right. Just no one knows. But if I was ABB & intrested in buying AfC out. Why not do it now while the price is relatively low. It would make sense.
I acknowledge that both the share prices of ITM and CWR have rallied recently and therefore to take this into account I have added below the 2023 highs and lows for each of the companies. No bias is intended between any of the companies, and for clarity I hold both AFC and ITM and expect all three to do well in 2024.
All LTH of AFC are expecting (me included) an exciting 2024 with multiple events in the pipeline, including (the prospects) a labour government. So I thought it would be useful to tract the progress of AFC and our main sector firms ITM and CWR.
All three have suffered really poor share price performances with dramatic drops in value since the start of 2020 and throughout the COVID period and all are looking for better times ahead. I set out below the current share price, number of shares in issue and the current market caps for each. I'm sure all LTH can recall the days when AFC had a market cap well in excess of £500m and hopefully, with the right news we will see it again - :
AFC share price 19.20p. Shares in issue 746.52m. Market cap £145.42m. (data from 2/2/24)
(High 33.03 on 7/2/23. Low 11.28p on 17/7/23)
CWR share price 217.40p Shares in issue 192.98m Market cap £424.17m. (data from 2/2/24)
(High 518p on 8/2/23. Low 138p 1/12/23)
ITM share price 62.70p. Shares in issue 616.88m. Market cap £388.51m. (data from 2/2/24)
(High 119.05 on 8/2/23. Low 48.01 on 1/12/23)
LTH in all three are looking for better times - will come back and update as the year progresses.
Buyout simply won't happen.
My concern is that AFC get taken out before they get to the point where they are successful in all of their market and are levelling off (the peak point to sell at), and long term investors don't get the dream £'s per share they are hoping for. I has sweet FA to do with a pump n dump, last thing I would do after over a decade of building up a huge holding is to dump the stock on a spike. Utter garbage accusation that is.
Constructivenews,
And it is obvious that ABB would be far more interested in buying AFC than buying CWR or ITM, as it has chosen to market AFC Fuel Cell systems not systems from the other two, and the Ammonia Cracker also fits in with what they are doing in the Marine and off grid power markets.
Constructivenews,
Read my first post again. I said it is because: "ABB have been very prolific with acquisitions in their 2023 financial year, as can be seen from their Q4 results just released. And they also massively boosted their cash pile to $3.89Bn."
What don't you understand about that?
As for your pump and dump rubbish, I clearly also stated "How long before ABB buy out AFC? Once they have had the first 10 x 200kW systems?"
Which is not anytime close to now so can't be a pump n dump, as ABB have to agree to take the other 9 systems and for AFC to build and deliver them. ABB have so far only agreed to take the first, which we expect has been delivered in late 2023 and is undergoing validation). So no way can this be seen as a pump and dump.
On top of which I have clearly stated my position is to hold until AFC are successful in all of their markets and are levelling off, which is at least a few years away.
"small bite acquisition for an oil major"
What on Earth are you on?
ABB has nothing to do with oil, it certainly is NOT an oil major, it's market is ELECTRICITY not oil.
And as for 'small bite', none of the six companies ABB acquired are any bigger than AFC!
I haven't 'suddenly appeared' - I just don't look or post on here very much any more because this board if full of trolls like yourself, Derek, and others, and I'll even say, the opposite end of the spectrum, Haggis.
I'll ask you the same question, if you have known for so long AFC is a bad bet, why are you still here in this miniscule corner of the vast internet, every single day??
Stockcheque
Any firm can be bought out including ITM, CWR or AFC. Why I you suggesting they will be bought out by ABB. I think you shouldn't be making such statements without clear evidence. I think you are only trying to pump up the share price for your own gain and then sell. They might very well be bought out but so might any company.
Assuming this is anything more than a rumour then the dilemma for investors like me is the likely sale price. If ABB made a purchase then they would presumably want a reasonable deal. The SP of AFC is very low and has been for a couple of years. It is under the actual launch price! It's unlikely therefore that ABB will offer anything approaching the low 80s which it has been at. On the other hand, one hopes they would see value in the tech in which case the aquisition would probably give rise to some sort of announcement around product or market strategy which should in turn boost ABB stock price. On the face if it then it would be wise to take the new ABB stock or at least wait until the sale is agreed rather than sell on the pre sale rise in AFC SP. Thats assuming any of this is true of course!
Baseless speculation. Many people have written in here that this would be a small bite acquisition for an oil major and have been told not to be silly. Quite probably by the initiator of this thread.
I wanted to see how AFC have performed near term in comparison to London listed peers CWR, ITM and PPS.
To do this I started with a long term chart so as to pick a point much closer to now where all four were close together. I used the 5 year chart for this and marked the point to start the near term chart at.
https://ibb.co/VTVQ4Tg
I then did a near term chart starting from that point and here is that chart, showing that despite CWR and ITM having good runs recently, AFC has still outperformed them.
https://ibb.co/6HcTxbq
Don't believe the lies you read on here about AFC's share performance every time CWR or ITM share price goes up a bit, it could be a lot worse if you were holding any of the other 3 peer stocks.
All LTH of AFC are expecting (me included) an exciting 2024 with multiple events in the pipeline, including (the prospects) a labour government. So I thought it would be useful to tract the progress of AFC and our main sector firms ITM and CWR.
All three have suffered really poor share price performances with dramatic drops in value since the start of 2020 and throughout the COVID period and all are looking for better times ahead. I set out below the current share price, number of shares in issue and the current market caps for each. I'm sure all LTH can recall the days when AFC had a market cap well in excess of £500m and hopefully, with the right news we will see it again - :
AFC share price 19.20p. Shares in issue 746.52m. Market cap £145.42m
CWR share price 217.40p Shares in issue 192.98m Market cap £424.17m
ITM share price 62.70p. Shares in issue 616.88m. Market cap £388.51m
LTH in all three are looking for better times - will come back and update as the year progresses.
That buyout 💩 again from stock💩check haggis b💩 to create excitement and drag mir poor shareholders into the stock and then disappearing ones gollum has done the work for his master - 🤡
Ok haggis. Dare I say thanks for the clarification! Hopefully we'll see the actual 30 kWh unit very soon.
And as today's LinkedIn post states, they are there to see the 30kW not the Power Tower.
"Great to have the Balfour Beatty plc and Speedy Services teams on site today to witness first hand our new 30kW H Power Generators working in advance of field deployments."
Nothing suspicious there at all, as the 30kW still need to have it's launch PR/event hence not in the picture, but obviously exist and are ready for clients or clients would not be visiting to look at them.
Here you go. Power Tower shipped to Speedy
https://www.linkedin.com/feed/update/urn:li:activity:7119582105117814784
We have seen those Power Towers already shipped to Speedy. They still look brand new and have Speedy logo on them, so have to presume they are going to still be used going ahead. One of those can power a site cabin like at Spain, or be used to charge EV's visiting the site (as per one of the other trials), or used to charge a piece of equipment like a telehandler (as per one of the trials) so they can still have their place where a 30kW would be overkill.
So if they were showcasing a 30kwh generator why are they showing 10kwh powered towers? Seems a bit odd 🤔
Ever thought that maybe they are going to have some power towers within the agreement?
Why only have the generators?
A bit of thought from you guys wouldn’t go a miss
I thought they had decided to make their generators more like traditional generators in style i.e lower and wider with a lower centre of gravity as depicted on their website. Looks like they're sticking to the power tower design after all, which only puts out 10kw net as per the website. Maybe I'm missing something?
Klunk,
Perhaps it is awaiting a big launch event by Speedy Hydrogen Services, with loads of Speedy Services clients invited.
How long before ABB buy out AFC? Once they have had the first 10 x 200kW systems?
I do wonder because ABB have been very prolific with acquisitions in their 2023 financial year, as can be seen from their Q4 results just released. And they also massively boosted their cash pile to $3.89Bn.
Buying AFC would be so easy at the low MCap it has right now. Even if AFC tripled in price, it would still easily be affordable to ABB.
Press Release - Page 12 - Acquisitions 2023
Robotics & Discrete Automation - Sevensense - 21-Dec
E-mobility - Imagen Energy Inc - 13-Nov
Motion - Spring Point Solutions Llc - 1-Nov
E-mobility - Vourity AB - 25-Oct
Electrification - Eve Systems - 1-Jun
Motion - Siemens low voltage NEMA Motors - 2-May
Financials - Page 10
Cash and equivalents $3,891,000,000
https://global.abb/group/en/investors/quarterly-results
Seems a bit odd that they are all there to witness to working 30kW system....and yet they are posing with the Power Tower's .....guess the 30 kW system still a bit camera shy ......