Member Info for andykc1962

Big 3 page article on electric cars and the reason why you should be buying one Unfortunately AGAIN no mention at all of hydrogen power Neither the media or manufacturers seem to be taking hydrogen seriously What a pity eh as even the best solutions only work when backed with both money and publicity

And of course nothing was mentioned about how these all electric cars perform range wise in the dark English winter I watched a WHAT ARE video review of electric cars, driven in March with heating and lights on (a reasonable test in the UK). For example the new Nissan Leaf with a theoretical range of 255 miles managed a maximum real range (with a variety of drivers) of 105 miles! Unfortunately the press and manufacturers seem to be blindly pushing electric vehicles to the extent that I feel sufficiently disheartened about whether hydrogen power source will ever be a realistically affordable solution Think VHS VIDEO BETAMAX.... ..

Just watched this amateurish programme where drivers were questioned about switching from diesel/petrol to alternatives. Surprise surprise no mention at all of hydrogen power Just electric or hybrid via batteries People complained of the time to recharge and the number of fast chargers that were broken Both of these issues would be solved by hydrogen but of course the ITV airhead had obviously not done her research!

Great info

Just because I'm not a serial poster doesn't mean. I'm not entitled to an opinion . Have owned shares for years and am therefore not blinded by a company regardless of how well they are doing. I recognize the danger signs Hope ITM do well but waiting for the next placing to bolster their finances

Like the money I have invested in AFC Don't think I will ever see a return from them, even long term Probably go the same way as Ceramic Fuel Cells....

The reality is that neither of us really know the long term However, government need to massively increase the infrastructure before any take up of hydrogen cars occurs

I am already an ITM investor but can't really rate them as a strong buy. We can't get away from the fact that car manufacturers are only investing in battery power eventhough hydrogen is a better solution

I see these have gone up from 3 to 6m Not good in an industry where the take-up of hydrogen cars is very slow and may unfortunately never happen due to the investment in battery driven cars The company cannot survive long term simply on grants and placings

Remember the phrase.... Never follow a falling knife !

That is correct. The open offer is only available to existing shareholders who own shares prior to the ex entitlement date, IE, the 1st August Don't think I would touch these with a bargepole anyhow!

A bid of £8 per share....Very unlikely I think when they can offer far less

Not a stock I know but I guess the 58m of debt doesn't help

Analysts, supposedly knowledgeable were predicting a big reduction in profits. Couldn't be further wrong if they tried! Shows what a waste of space they are and their unfortunate ability to manipulate the price downwards

I guess because RNS released this morning and shows increased net debt and cash outflow Yet more fundraising around the corner I think......

Been with CFU before and unfortunately not a good bet. They constantly run out of cash and then reveal details of yet more dilution to raise funds. The technology is a great idea but I dont think they will ever sell enough to make any profit Also note recent 11million losses

I notice how the share price has leapt over the last week but looking at the battery technology the company is using, this is not groundbreaking and is no leap forward on what already exists. In for a big fall here I think when the real truth comes out that they have nothing special