Member Info for Ade1234

And Gold. If you look at Glen materials summary look at lead nickel oil and copper they are all doing well it’s cobalt and coal which are struggling

No news why the hell are you putting so much money into something like this?

At the moment but was hoping for 10-15% but I will wait for the next dividend then hopefully winter rise maybe there is not much else around that is doing any better anyway.

Want to be contacted they are even asking people to write to them below there postal address included hahaha

Looks a lot better Ive just looked into AFC for a few hours today and although this will likely drop if AFC can get lucky within 2 years it could all line up for them perfectly.

I keep under constant review, I was interested a few weeks ago when I thought this was down due to general bad market conditions, however, after looking again over the past couple of days, I can see to many Red flags.

My biggest being, no one from AFC is buying at this price! If I was on the AFC board and I knew in around 16 months we were going to be very busy from indications we are seeing now, I would be chucking everything I have into this.

The fact no board members are buying ATM they are selling at 15P tells you me and the whole world that even they don't have much hope for the future.

I can see it £1.94 just now.

You should read Montey Fool like they say big companies like ABB will generally look into getting involved with 10 companies per year like AFC in the hope that 1 over 10 years will do something big but most fail.

Very crowed market now with unproven technology very risky

Did you think all the positive posters were real people?

Yea but even if this goes to 6P later this year, the MC is still 50M which is still overpriced really, its 100M now and for that they have got a few shipping containers with some basic Hydrogen tech inside them.

Happens soon this will freefall.

It depends now if no news or big buys from BOE this could just drop to around 5P it now needs something to make people believe that this price is a bargain in the waiting or if they don't manage correctly people will just think this company is going nowhere and free-fall will begin.

I would say this will bounce around around 10-12P for a few months then go one way or another.

But AFC have got problems their money is running out fast and they are unable to sell anything.

Dogsit, that's the weird thing about shares, if this does get back to 35P you will stay in because you will think it will get higher soon.

Theres no point being to disappointed, every share is being battered ATM and there is probably worse to come.

I will be buying some AFC shares at some point, but maybe around the 10P area, this will see 40P again I believe and although AFC seem like a load of idiots, they are just at the start and I think they have just been expected to deliver to much based on past peak, which was a false peak due to people thinking ABB would be massive for AFC however the reality is a MC of this area is realistic and good to build on.

Even I might buy some of these soon

I knew it reminded me of something I was thinking cliff but yea ski slope

The Bank of England needs to be in charge of interest rates if it was up to the government they would do a worst job.

The problem is this they were to slow and each time of raising rates they told everyone inflation will drop soon and we won't need to raise further this was the wrong message to send out.

And the second mistake was subsidising everyone's energy bills the whole idea of raising rates is so people tighten their belt this changes the dynamics of supply and demand but I could see the problem 6 months we were being told there was a cost of living crisis and rates have gone up but I could see new cars everywhere all time high house prices and the pubs packed out on a Tuesday night even though they were charging £7 a pint

So I could see a lot of money was around.

Hopefully now people will feel some pain and prices will start dropping.

Glencore should hopefully be quite insulated though the rest of the world is doing ok and Glen are worldwide its only this country that is fxxxx at the moment. its down at the moment due to sentiment

In sells to buys

I would wait for another 20% drop before i added more.

The question was 0.25 0.50% not if they would.