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As long as Bond has been truthful in the end-of-year update (and I realise the issue with that statement) there is nothing to worry about here. The next 2-3 months will see the hybrid cell being deployed, and we have been told to expect revenue via a number of streams including sales and lease arrangements. AFC has also said that during 2022 it expects to quantify revenue. Then we have the solid cell to look forward to, and whatever Alkamem brings. All this will cause a re-rate of the SP and if we got to even 33% of Ceres MCap the SP would be 76p.
One point is that the EOY statement expressed the feeling that initial revenues would come from maritime and diesel genset replacement. EV was very much played down and I wonder if EV is not going to prove to be a commercial market for AFC. There has been absolutely no tangible progress thus far, and the ABB partnership has yielded nothing in the EV domain.
Bond is going to have some difficult questions to answer come AGM time and I suspect I and others will not let him off lightly.
Why? He has made a factual comment. AFC is also the only stock down in my portfolio. Everything else is 2-3% up. AFC has been steadily falling for 12 months since it's high. Deramping opinion is of no value, but please do not try to silence fact.
My guess is that AFC will show technical success and commercial traction with the solid cell during 2022. The sp will rise accordingly and the MCAP may well hit £1.0 Bn. Presuming the technology is indeed what we hope it will be I think AFC would be a strong takeover target for a bigger and more traditional energy company and I think this would happen whilst it is still affordable. I think a sale price could be between £1.0-2Bn so a share price of up to £2.
I emphasise that this is complete guesswork, albeit informed by knowledge of the company and other issues.
BrianSmithmacBrianSmith1- you seem to have missed my question.
I ask as the character known as Brian Smith and then Fuel Cell used to make outrageous predictions about the share price and other things, and invariably confused his personal, and vastly over optimistic views, for fact. I believe that Haggismchaggis is the same person and, if so, board members should be aware of this trait and the need to distinguish opinion from fact. If you are not the same person please feel free to confirm this. I suspect that a failure to respond will be interpreted as confirmation of my suspicions by most.
My point was simply that the bulls on the board decry the bears and the bears decry the bulls. It’s rampers vs derampers all day long in here, with added insults. We need more balanced posts and more pragmatic views.
Kevlovestrading. Do you not feel that Bonds assertion of multiple orders in 2021, not one of which materialised, has had some sort of impact. If not I suggest your post is as guilty of BS as those you denounce.
It would be interesting to see what people think this year given the (lack of) events last year. It might be just a bit of fun (and certainly not to be ridiculed) but it does show how confident people are.
On the basis that:
Covid will be likely declining post Omicron
AFC will have the hybrid cell in the market place
AFC will be taking orders through the year (everyone will have to decide for themselves how much they trust Bond on that one)
The S series could be a maritime game changer
The green agenda will accelerate
I am going with a target that I think is realistic. Mine was one of the lower ones last year, but this is still rather below that. My guess for 31st Dec 2022 is 125p
Haggis
I have said in the past at times that your contributions can be excessive and less than helpful. However you are on great form today and the information you are presenting is interesting and insightful. Many thanks