Episode 14 has dropped: Investing Matters Podcast, Tim Rogers, the former CEO of AB Dynamics. Listen here.
Haven't read here at all recently, don't imagine I've missed much.i had suspected some hard times, call me stupid for not selling but I'd rather just leave my long term investments to alleviate stress.
I don't feel I need to add much, I have no idea how 2022 will be for this market. I have always said 2025 for real action that we can see. I know we have high oil prices, but I also know that despite sickening profits (again), we are seeing a reduction in work force. I do have some faith that some companies are investing profits in to a renewable future.
I am also working with ABB as a customer of theirs. There are many exciting plans but they take an age to implement. I am involved with what we can call the airport of the future, though despite being on the forefront of this idea, we are some way off real change. I see many of the markets having a domino effect when they happen, especially maritime to name one.
I'm still quietly confident in AFC and their position within the market, I believe they will find their place.
I wish I was a trader with AFC as there have been some wonderful opportunities to make extra money/shares during this current market sentiment!
Morning folks, I'm sorting out my portfolio before eoy for tax reasons, and I thought I'd share a Norwegian company that may be of interest to some.
Hav group/Havyard https://www.havyard.com/our-businesses/hav-group-asa/
Are a Norwegian company within the maritime industry. I am invested in both and I don't want to try and pump shares on other pages. I only mention these 2 as I think they may be of interest to some. The sp is low after being involved in last years pumps, they have finished a recent merging and subsequent dividends, and are a well established company now going in to the green maritime market. I think next year with the backing of the Norwegian government and momentum picking up here, companies like these can start to do very well.
Hope you don't mind the plug, I'm just looking how to position myself within other areas of the maritime market, that will benefit from the new direction. I think the maritime market will really start to move next year, and I'm hoping AFC see some more action on this front too.
Personally I'll be keeping a close eye on what happens in Norway next year with maritime, data centres, public transport etc as I believe we can now see that they are taking the first steps in pretty much all of the markets. I will be following their plans on the hydrogen/ammonia infrastructure plans closely too.
Enough from me. Happy new year, let's hope for a better one next year, both as a shared spices on this planet and as investors!
Hi DW. Thanks for the post and those throughout the year. Not that I always agree with you but I often find amusement in the conversations you can start, and appreciate the wealth of information you dig up and share.
I agree with what you say, and I had set my own personal goals after the half year report. I've had time to reflect on that and what we have learned since then. I find myself frustrated (again) with the language AB uses, and I am guilty of being swept away in his rhetoric. However, I am satisfied with the progress they have made, both technologically and as a company, and I am encouraged by the way they are adapting their offerings to suit what I must assume the market want, and it certainly gives them wider appeal.
In a way I feel 2021 was a milestone year for AFC, although we haven't seen the sales many had envisaged, we have seen confirmation that there will be demand for what they are offering in the very near future, and their offering has increased dramatically. They have also got a foot in to (I think all of) the target markets they had outlined earlier.
Yes things are taking a bit longer than we all hoped, but it's not only AFC, this new market, or new world we are trying to build is taking time, and it will take time, but it is happening. If we ignore the SP for a minute, then AFC have done pretty well.
So my personal decision (not that anyone cares), has changed from my initial plan, and I will be keeping my AFC holding as is, no more no less.
Other than that, have a nice Christmas. For those who were complaining about lack of sun, I haven't seen it in over a month and won't for at least 1 more, and I'm working all Christmas, so enjoy your mild winters in the UK :)
Hi Steve, it was nice to read your explanation. Nothing new for me in there, but sometimes you can get swept away with irrelavent information. I compare it to watching the news, much of it is background noise that you don't need to know, if you don't watch you don't worry about something that doesn't affect you (I refer to unnecessary fear mongering). In comparison, if you don't read on here, you just follow the news released by AFC and you'll likely find yourself in a much more confident place mentally with your investment! That is of course a slightly harsh assessment on many fronts as, as you mentioned, many posters provide us with interesting information, whether it be speculation or not, I certainly enjoy speculating myself.
It's nice to see someone invest with a solid philosophy, focus on the bigger picture and look at the facts. Believe it or not, most of us have or do this ourselves! I enjoy the balance of positive and negative, but as my saying goes, take everything on the Internet with enough salt for a heart attack!
All the best on your investment journey with AFC!
Nice to see some weekend research and polite discussion here. I'll ruin it all with a pointless Saturday poem as I have a glass of wine. I'm sure more than just myself feel the groundhog day effects of this place! Happy weekend.
You'll never buy the bottom,
You'll never sell the top,
You'll reply to all the trolls,
You'll never make them stop,
You'll praise them when the SP's blue,
You'll criticise when red,
You'll say you wish you'd sold them all,
You'll buy more of them instead,
You'll be swept away in rallies, and predict a nice SP,
You'll be down more than the market, and up again you'll see,
You'll tell yourself you've bought enough,
You'll hold them all when times are rough,
You'll read the forum far too much,
You'll repeat all this as life is such,
You'll realise nothing rhymes with hydrogen.
I posted about this ship some time ago, it has a different setup (although we don't know the details of the AFC setup yet), it is interesting to see the alternative ideas. Below is some text translated from Norwegian regarding the first ammonia powered vessel here, planned operational in 2024.
Last year, it became clear that "Viking Energy", a ship that sends supplies to petroleum platforms, will be the first offshore vessel to run on ammonia. In this vessel, ammonia is converted to electrical energy using a ceramic high temperature fuel cell (SOFC). This method is currently a bit more expensive and requires more space compared to the alternative the Aegir project will explore.
New solution with two fuel cells and a membrane
However, the Aegir project will combine two types of fuel cells and one membrane into one combined system. The ammonia must initially be decomposed by means of a ceramic high-temperature fuel cell (SOFC). When the compound is broken, the hydrogen must be separated by means of a membrane that only lets hydrogen through in the form of protons. These are converted to very pure hydrogen gas which is then converted into electrical energy by means of a highly efficient PEM fuel cell.
In this way, the researchers believe that they can deliver a solution that will be both cheaper and more space-saving for shipping, so that there will be more space for cargo. If they succeed, it will actually make it profitable for the shipping industry to drop fossil fuels in favor of emission-free ammonia.
Those of you who are far more clued up than me on this technology may have some educated perspectives. I have struggled to find solid information about who exactly makes what and how it will all work together. Nevertheless, the AFC partnership seems to be from scratch for a new ship, though I can see how an intermediate solution combining ammonia with other power sources could help to reduce emissions in the short term possibly? Particularly interesting with regard to freight is the space saving element.
Nothing solid, but the market is huge. Taking one example: https://www.wilhelmsen.com/new-energy/ a Norwegian company who will most certainly look to Norway for business when possible. As someone else mentioned, the first big market will be in retrofitting ships with new technology. With cash to spare and pressure mounting, I'm wondering which will be the first company to make the switch and sign a deal to update their ships. Buying new ships often results in a share price decline due to the huge cost involved. In line with the minimal waste philosophy, retrofitting allows minimal downtime with maximum benefit.
I'm not saying AFC will be the first to win one of these contracts, but the potential market is mind boggling, and I'm sure we will see some big companies make announcements in the near future.
As always dyor, but if AB plays his cards right, we may end up holding a royal flush.
I'm sorry to go on, but to mention a company I've brought up earlier, Yaras and Statkraft are working on creating green ammonia in Norway: https://www.statkraft.no/nyheter/nyheter-og-pressemeldinger/arkiv/2021/partnerskap-for-gront-hydrogen-og-gronn-ammoniakk/
Apologies all in Norwegian, but when all the links I've been looking at over the years start to fall in to place, and then AFC get involved, I have a right to be excited!
Great stuff, thanks for the link! What isn't mentioned but I think worth repeating is the government's plan for shipping and commercial transport. All new contracts for public transport (land busses etc and sea) must be zero emission from 2025, and all large ships from 2030.
There are many passenger ferries here, and the contracts are often renewed, and for the larger vessels, new ships have to be ordered and built long in advance. So to summarise, although the dates sound a long way away, there will be many large contracts signed in the near future, plus expect other countries to set similar if slightly less immediate deadlines if they are to uphold their own targets/promises.
For anyone with too much time, the Norwegian government plan for green ship traffic: https://www.regjeringen.no/contentassets/2ccd2f4e14d44bc88c93ac4effe78b2f/handlingsplan-for-gronn-skipsfart.pdf
And the same plan for public transport: https://www.regjeringen.no/contentassets/383ec46d92b54c02af488558e2dbe0c1/handlingsplan-for-fossilfri-kollektivtransport.pdf
I agree I'd like to see some news on the liquid cell. Perhaps some forward thinking company could sign an agreement for some as a kind of stop gap before the solid cell is proven/available. It's still a hard decision to make when it is still cheaper to run conventional methods, the governments need to press in new stricter emison rules etc. It seems to me in the UK, you can make your company appear green with an advertising campaign showing some smiling families, a load of corporate voice over about a better world, and boasting about installing more ev chargers than ever before. I still believe there is a market for it, I'm certainly eager to find out what it may be.
Love the Dad's Army reference! Very true sadly, somewhat comical when viewing from another country sometimes!
There is so much going on here in the background, and many names we now associate with AFC, either directly or indirectly through partners. You may remember a post I made showing a study ABB did on salmon farms here. I think this market will be a first mover on new technology, and what I find interesting is that they will be combining a variety of solutions, hydrogen boats, electric boats, creating power locally (especially those in the middle of nowhere),connecting to the planned hydrogen network here. I have a feeling ABB will be on to this market as they also offer the electrical interface solutions.
I've seen many other deals signed, ABB are really moving here and I see potential for Acciona. There are other companies signing agreements and there is competition, but I still believe AFC have a unique advantage in many markets. With the potential size of the market, there will be a need for collaboration on many fronts, and different people will try different approaches, let's hope AFC can shine through.
I'll search up some articles when I have time, sometimes they are hard to find or behind a pay wall. The mailing list from this lost is quite interesting: https://m.energywatch.eu/ it has helped me sometimes when the market has looked quite bad, and reminded me how much is happening all over, plus can be very interesting.
Morning Southerhay! Great news indeed, and I'd long hoped/expected that AFC could tie in to one of the many maritime hydrogen projects going on here. I agree, AFC are now starting to enter all of their mentioned target narkets, and I'd say this particular deal covers multi system potential!
I hope you are correct with your S series progress thought. With this type of deal it would always have been for the S series, although in early stages this market is now moving very fast. Those who mention approvement in principal, I understand the questions but there is too much happening within the future maritime market here for this to come to a dead end. The competition is heating up here and there is a lot of money involved, the fact AFC are the first selected says a lot.
Now AFC have joined this market I'll probably drop some more articles of interest on the quieter days, there have been plenty that will now be of more interest to people here.
Final thought is how annoyed I am looking back at the UK and their lack of action. Norway have set out a plan with deadlines, the government are backing many projects and shouting about them, they truly want to be a competitor in the future hydrogen market. The UK seems to pump out plenty of hot air and no action, luckily AFC are finding their own way, so hopefuly Boris and his buddies miss a trick with this one and AFC can thrive without needing one of his wacky speeches!
I spent several years reading here before even opening an account and posting. Not everyone is interested in being involved in internet discussions, and for some people it can be detrimental to their mental health and probably how they decide to trade their holdings!
As the markets are made and run by humans, they are subject to the same emotional swings that we encounter on here and in the wider world or an a personal level. In my opinion, the outlook in the general market AFC are categorised in, is extremely positive. Being a relatively new market based on future potential, there is plenty of speculation going around. With the right news and if AB steers this in the way he has suggested he is doing, we should see AFC compete with some of the other well known larger players in this market.
Crossing fingers for a positive EOY, though I'm not making any personal targets for the SP with any amount of news, the world is wild place at the minute, and pretty unpredictable!
All the best!
Given that all the energy we have available, and any of the harnessing methods you mentioned take energy from a process that utilises hydrogen 148,000,000km away, I think we'd be silly not to try and utilise the element ourselves. I am working on a concept ship design which utlisies the wind somehow, don't want to give too much away in case you steal my idea, my main problem so far is having it travel across the Atlantic in less than 1 month.
I know ABB quite well, and I'm extremely encouraged by the latest news. It was not what I expected first, but definitely a nice step in the right direction. I agree with previous comments that there may well be something happening in the background. I'm as keen as anyone to hear about progress on the list of partners and ongoing projects. I'm still positive for good/interesting news to end this year.
Personally I've always been a little sceptical of the ideas of flying taxis and such in the near future, the Urban-air port AFC are involved with didn't really excite me. Perhaps I'm getting old and refusing to see the potential benefits possibilities.
A Swedish company called Jetson has released this battery powered personal flying vehicle (I've made up the name of the vehicle!). It looks much like a drone, and I can now see how this type of vehicle can play a significant role in the not so distant future: https://youtu.be/FzhREYOK0oo
Many of the AFC targeted markets have huge potential.
Data centre growth: https://www.us.jll.com/en/trends-and-insights/research/data-center-outlook
Hydrogen in shipping: https://www.reuters.com/article/shipping-energy-hydrogen-focus-int-idUSKBN27F18U
This article includes ABB. Plenty of other info on all AFC target markets out there. The spring is compressed, AFC just need to release the potential, and there a good deal of energy in this particular spring, just like their fuel cells ;)
There's a wealth of information out there, and the number of new articles is growing everyday. I just wonder how much of these numerous markets AFC can get a decent share of, obviously I believe they have the products and ever growing team to compete successfully in these markets. My simple investing philosophy, if that changes I'll sell and move on.