Member Info for Alas_Smith

Snork, you are peddling a half truth. Please refer to my comment yesterday.

Snork - you are wrong. The role of a chairman is not to challenge management on strategy but to ensure that the managers are EFFECTIVE in their task to execute strategy and direction that the company wishes to follow.

A brilliant strategy might have ineffective managers. Perhaps that explains the departure of Mr Bond?

Ade1234 - from my perspective I have no thoughts on the spread at all. The role of the MM is simply to make a market. The price will be adjusted to reflect the desire which investors have for the shares.

Much more important (to me) is that this new short-selling outfit have a history that is short and sharp with limited exposure. Historically it is rare for that firm to have exposure greater than 1.3%. There is probably a littl further for the price to fall.

Don't forget that MM's only need to deliver shares to holders at the point of settlement and can be long or short at any time without the requirement to disclose.

There is a tax year end approaching and losses crystalised can be applied in future years or to mitigate against capital gains.

Although I have recently lowered my cost price/share, recording the loss even if the share price is at its lowest makes financial sense.

The cash salvaged can either be invested in a different equity to recover loss in time or re-invest in AFC (for instance). Investing in AFC today despite the recent dealings by managers is speculative, IMO.

In the new tax year, fresh cash can be sheltered in ISA wrapper.

I have taken the opportunity to bring my average down to 15.95p. While I doubt that such a price will be achieved any time soon, I was heartened that the managers have increased their exposure in recent days and weeks.

Nothing wrong with momentum - I settled some cash into a family trust last week and added to its exposure in BA. and BASC. (Not a plug for either and certainly not investment advice) - FWIW, my worry is not that America will withdraw from NATO but will sabotage NATO.

Article 5 has only been invoked once since the foundation of NATO. It was on 12 September 2001. All NATO countries responded with aid and they were augmented with another hundred. And the country that sought aid was America.

The primary duty for each country is to protect its people and its territory. Budgets for defence will increase for all countries while there are meglomanics and dictators in position of power. Europe has insufficient cohesion to repel attack should Ukraine fall without America. The elephant in the room is America and Europe HAS to have sufficient resource, boots on the ground, ships on the sea and planes in the air to secure the principals of nation states.

Minnieggmuncher; bit of an academic argument. but for those that have a technical interest, the difference between these 2 bullet types is slender, and I would not want to be in the receiving end of either. The principle difference is that the 762 has a larger bullet but the recoil from the 556 is reduced. The 762 arguably is the better choice at short range (less than 300m) but the 556 at longer range (600m+). My days as a tyro competitor under the guidance of my late father (representative competitor) were at 900m and 1,000m range and 20 years ago. The standard in those days was 762.

My father, a coach for the England, Great Britain and Scotland Teams in many international competitions between 1980 and 2010 complained bitterly of the quality of ammunition. He maintained in his late 80's and 90's interest in Bisley. The main improvement, despite the cost at roughly £1 per bang was the consistency of ammunition.

I no longer participate in target rifle shooting, but I can confirm that the old Lee Enfield rifles were excellent base for the ordinary soldier. When converted with a Ferlach barrel, Mauser action, decent ammunition and a steady hand, a single and clean shot was accurate and was a very good choice for an identified target.

Probably the most important element of NATO was standardisation of equipment so that bullets are all .762 callibre that cannons have the same shells, mortars etc. With this similarity, so the entire defence capability is one of shared resource and that if one supply line is disrupted, another will replace it.

Armies train together in the event that there is need to defend part of the alliance. My fear for NATO these days is not that America will withdraw but that the current administration sabotage the Treaty. America First is rather going down a line of America Alone. There is clause for a country to withdraw by giving one years notice to America, but there is neither clause to kick a country out or to alert NATO that America withdraws.

My conclusion, based on the pygmy intelligence of Mr Trump is that he would simply stop any funding or preparedness for NATO by claiming notice was given in some random cerebral thought as it suited him and his ambition - nothing to do with America or the security of Europe.

Never wrong to take a profit.

My best investment has been Nvidia which I bought in 2012. I've taken over £100,000 profits and still am sitting on a holding in multiple of 10x original stake

Mr Winnifrith was a journalist of some self proclaimed importance 30 years ago. He writes well but he is not the financial guru on which much authority should be placed. He is not in the same league as Bob Beckman (another engaging journalist) who was as prominent in the 1970's - crikey, 50 years ago.

Basically, provided you did exactly the opposite that Bob Beckman recommended, you would make money - his advice in the 70's buy equities and sell property. The former fell by stonking amounts while the latter rose seemingly daily. When he had gone bust (from his own advice) he reckoned that the time had turned and it was time to buy real estate and sell equities. The reverse happened.

From being a fund manager to journalist the reputation or Mr Winnifrith gradually declined. Of course, he could be right, but his track record is not that hot.

With the potential for a ceasefire in Ukraine and the opening of talks, hopefully tomorrow will be a better day.

I have added a few shares today for elder son in his SIPP. Might not be the best point of entry but with Poland announcing a call up for adult men, Europe seems to be on a war footing.

The site only reports the price that was executed and timestamp.

Retail sites, such as this, attribute colours to each bargain based on crude variance from mid price.

MMs will mark the price down to the point where buyers are found more often through holding too many shares themselves. Conversely, if they need shares they will mark the price up to tempt holders to sell.

Https://www.londonstockexchange.com/stock/AFC/afc-energy-plc/trade-recap

The feed data presented by this site is hopeless. The link above shows all trade data including off-book

"Buy on the sound of cannons, sell on the sound of trumpets".

As Mr Trump is either intent on the sabotage of NATO or simply wants to be isolationist, the prospect of war increases. Reportedly, Einstein commented at a dinner party in the 1940's that the 4th World War would be fought with sticks and stones. His work, of course intertwined with the develepment of nuclear weaponry.

Nonsense.

Share price rises are generally consequent on improved profit margin generated from revenues. If more investors wish to own shares the price will rise to entice sellers. Similarly if shares are not favoured, the price will fall to attract buyers.

Gold is a currency recognised the world over. About 90% of the gold mined remains intact in some form or other. Some as currency, some as jewellery and some in engineered pieces such as computer parts or dental crowns. These engineered pieces are efficently recovered either chemically or from incineration.

The price of gold was walked down when Mr Brown announced the future sale of UK reserves and has risen ever since. It can be argued that the price is tied to fear.

The read well to me.

Let profits run!

Thales, Rheinmettal and BAE all climbing hard on back of summit comments last night. Heavy lifting means less reliance on US.

As part of our tax planning, have decided to cash in SIPP holdings for self and wife and gift proceeds to children. Makes no sense not to make the gift now, initiate the 7yr rule and get a couple of years on the decision by Rachel from Customer Service to include SIPPs under IHT rules. The gift will form part of estate now but start to enjoy taper relief from 2028 at a lower rate than IHT.

'fraid that the imposition of tariffs are not going to provide a tailwind for the next few months, but once in the open, at least it is then a known rather than un-known matter.

Snork - although I stated that I would not post again to this board, I feel compelled to reply to you. Complaint to the NOMAD will have no effect whatsoever. I made complaint to the NOMAD and to the compliance team for RNS on the statements issued by a company (now bankrupt) Graphene Nanochem plc. While it was demonstrable that the statements regarding the finances were utterly bogus, neither the RNS nor the NOMAD held any responsibility. You will find it exactly the same, I suspect.

My ONLY consolation that my holding which is at an average 40p+ and not quite 250,000 shares and for which I have written the capital invested off might actually produce something viable that propels the share price to 20p. At that point I will be off like a robbers dog.

For those that continue to abuse with caustic remarks made of at least 3 persons, Garonne (who I believe no longer holds shares), Daz and Ade, I think you will find that they have all made extremely valid points.

The share price plumbs new depths. Perhaps the short position will be closed? I am not holding my breath.

Investors are optimistic. The advice I can give as I approach the winter of my life is to pay greater heed to those that challenge the rosy outlook from investors.

I daresay that the duplicitous CN or whatever guise is adopted this week will rubbish my contribution. I filtered him years ago as a contributor of poor credibility

Results read well to me. Hopefully will have a positive effect on SP and upgrade from analysts