Member Info for athansius

Hi Forzeb
It could go up or it could go down.
Any idea what the lottery numbers will be tonight?

MickeyW....you will see that there is also a lot of serious chat here from LTHs. I suggest that if you don't like the tone of the board you run along and find one more to your needs.
Please don't feel the need to post any further unless you can be less odious.

It's a fair point Mucksy. I have been there, but not for many years and I guess it has changed!

Personally I love Seville. Great place to have Tapas as well, drink wine in the evening outside a bar in a quaint street, and the area around the cathedral is lovely. Brilliant place to spend a weekend. Stayed at Casa 1800 in a room with a rooftop hot tub and right next to the rooftop pool. Hot tub plus wine plus fabulous view of the floodlit cathedral at night (we I guess it would not really work during the day!) was a great place to relax.

Anyone who can take 18 trips to Benidorm has my full respect!

I think this is II up to the same tricks it was last Friday. One at least is the post auction UT trade. The rest are errors, just as they were then.

Hi Banaman
I agree too. That said I think all accept that ITM is ahead commercially....that's why their MCap is so much higher. It is precisely this that I think gives AFC more headroom so I was wondering why the ITM investors are still so wed to ITM going forwards rather than backing the share with the headroom.
I'm not sure there is an obvious answer but thought I would ask the question. I could have purchased ITM today, but for the reasons below went with AFC. I really can see a £300m MCap this year and a SP of 60p. With a decent following wind.

Having had my finger on the buy button all day I have just become one of the buyers and added 71,000 shares to my ISA. It might dip a bit, but there is also the potential for a sudden spike up. Reasons for adding are:

1. The construction news this week is material. I have always felt this to be a ready market, and it is less dependent on longevity and the cost of H2. Having done a deal with a huge company. all other construction firms will need to consider their position

2. I think W H Ireland will significantly increase their target SP which we know is actively under review following this week's news

3. I am presuming that AFC has timed the media storm to coincide with real news

4. The gap between our MCap and Ceres (deliberately not mentioning ITM.....they are not in the fuel cell business) is untenable. I see no reason our product, which is more unique, should not be as, or more, commercially successful.

5. I do not think Alkamem is priced in yet

6. I am expecting EV-related orders very soon

7. AB stated explicitly that there are MOUs that have been signed but not publicised yet. This is a different situation to the MOUs of old when we had a product that didn't work and a market that was not ready.

8. Someone said on this board that he is expecting further collaborative deals following the Acconia announcement. I agree

9. AFC has no debt. I do not think there will be a fund raise within the next couple of months. (warning...this statement makes one tomorrow more likely)

10. I am hearing more and more political comment about the H2 economy, and specifically the need to support EV charging. This has been backed up with cash.

So I pushed the button.

I wonder if I may canvass views? I hold shares in AFC and ITM, but very few of the latter.

Posters on this board seem to agree that the hydrogen economy is arriving and that investment in the green sector, for all sorts of reasons, is going to rise significantly. That said, ITM powers ahead and over the last year the sp has surged. AFC has done well recently, but it is only recovering previous losses, and at present it's MCap is about 10% of ITM's. I understand the reasons for this over the last year, but can't see why AFC has not surged more over the last few sessions, despite that:

It has a low MCap and hence much upside
It has just entered into an agreement with one of the largest construction firms in Europe re genset replacement
It has a potential multiproduct line up including Alkamem which could be game changing
It has no debt
It has commercially available products

Apologies if this appears ramping. It's not (if you look at my posting history I pretty well never post apart form the AFC board), it is simply that I am interested as to why people here feel AFC appears less attractive.

Thanks Notes.
I'm some way from where I need to be. I reckon that a SP of £1.25 would allow me to fully retire and spend some time helping others instead of myself! It will be some time before we reach that sort of level (?2 years), but at least I have some hope that we will. As others, am frustrated that AFC is falling today despite the huge potential, but not AFC's fault....their comms and publicity over the last 2 weeks has been good. I guess we do need to clear the seller, and then get a contract or two in place. That would get us to 50p I reckon.
Thanks again

Who's the school bully?

I am told that there is a new broker note out but unfortunately I don't have access to it or know anyone who does. I presume this is because the SP has now broken the previous target, but also due to the various bits of news, especially yesterday's announcement.
Does anyone know if W H Ireland set a higher fair-value target price?

I don't think it will based on this. This is R&D and the marker wants commercial. Suspect it will be somewhat flat today. Massive jam possible, but tomorrow.

This is all very well but it is not an order. Will anyone in the sector now actually buy anything until the result of the trial is known...presumably best part of a year away.
I'm surprised this needs a trial....it is easily possible to work out all the input and output variables by modelling. The only proof will be that the fuel cell is robust enough for this environment.
It would have been far more powerful if Acciona had said they would purchase following a successful trial. Feels like we are where we were when we first agreed Stade.
This could be a massive market, but we need EV and Alkamem to keep us going in the meantime.

Maybe at weekends he's Bernadette.

These are the after hours share trades currently showing on the AFC page on ii described by Tetrolite earlier.
Single big trade, the post auction UT trade.

Share Trades
Trade Time Price (p) Volume Bid (p) Ask (p)
Buys and Sells are indicators only and are not definitive data items. The type of trade is judged on the basis of the trade price in relation to the mid-price at the time the trade is published, e.g. if the trade price is greater than the mid-price, a purchase is assumed. Therefore, Buy/Sell indicators can occasionally be incorrect. Trades are delayed by at least 15 minutes, unless otherwise stated.
16:40:23 25.50 345,598 24.50 25.50
16:40:23 25.50 2 24.50 25.50
16:40:23 25.50 5 24.50 25.50
16:40:23 25.50 16 24.50 25.50
16:40:23 25.50 44 24.50 25.50

I get the impression there may be some confusion on the board about the auction process and resultant UT trades. This video has helped me in the past:

https://www.youtube.com/watch?v=sV40TBikG_8

Ferroty, follow the link given by dtyland below, scroll down and you will see the last 5 trades of the day. This is the official stock exchange page for AFC and is where I got the information I posted earlier today.

There was a single trade of 345k at 1640. It was a UT trade and it was this trade alone that caused the recorded 8% rise just after close.

I expect AFC to open flat at about 25p on Monday. I said early yesterday afternoon when it was below the opening price that I though this would rise into the weekend so I am glad it has. I also thought it would be a good week for the sp next week.

Fingers crossed, but I don't see any sign of a blockbuster RNS on Monday morning and 11m shares were not sold after COP yesterday.

I have no idea Notes. I very much hope it is all as it seems in which case there is something significant happening. But it doesn't feel right to me. Just my view.....I may be totally wrong and claim no particular expertise.

Have a great weekend all.......it's lovely out there.

DerSack....you forgot to divide by your inside leg measurement and take away the number you first thought of.

The London stock excahnge website records a single post close trade of 345,598 shares at 16:40:23 for 25.5p. This was a UT trade.

And that's it.

All other sites record the same, and tradegate reflects this price. I think this is all an error.