Member Info for banaman

red-hornet. That was my point

Not me, just short closing in general.

Short closing, that’s all. May reopen short tomorrow. Didn’t want to pay the overnight charge.

Could drop further but will probably bounce back off the bottom.

AGL, they are already increasing capacity in house at the Italian factory. The two fundraisers between Christmas and now should be sufficient to cover the cost of this.

They are, in addition looking to licence production. This could lead to capacity multiples of the 20 Mw

The fact that they are establishing greater capacity in house is a very strong sign that they anticipate a much larger sales pipeline than current 20mw capacity can provide.

This is obviously incredibly positive and perhaps one of the reasons why the price has not yet reached fair value based on a forward looking view and potential growth.

Anyone looked at the link Haggis put up. Flicking through the pictures and the picture of the water supposedly the Thames looks like it has a turd floating in it.

Totally agree Southernhay. It’s been a long 10 year wait. Looking forward to getting into the £1 somethings. Been a long time coming a no reason why not.

I would like to say £1 by Christmas a poster used to say. Referring to ‘fuelcell’ to maybe he was on II at the time.

Wonder where he went

Where have they rolled out the EV charge points around the UK. That would involve manufacturing and actually selling a system

I am sure it won’t be long but they haven’t yet

Southerhay,

I guess. But really up or really down.

If we all remember that it won’t be a surprise when it happens

If they are so confident that they need £30m to kick start manufacturing and be in a position to deploy systems to meet projected demand over the next 12-24 months then the best thing they can do is provide the shareholders and the market of the projected value of that pipeline.

This is what most businesses do. Why not AFC?

If Bond is so sure then provide the projections let see what the pipeline is worth and where our and II money is going and what it will be likely to return.

Tomorrow, when the shares are in the market we may perhaps have a TR1 to announce who has taken a position in AFC. Could be very interesting.

From 1230 to 1620 I would say that anything paid at 6.82 upwards was a buy and anything paid below was a sell. Bid and offer was not shown correctly so all trades reported as sells. You can see the spread in the trades, its never as wide as 6.7 - 7.0. Even the mid price can be skewed.

Maybe. They also sell to Adnoc, Shell and some other big oil and gas companies. My impression is that they are just moving into the green tech sector and have focused the product in defence. With oil and gas customers such as those mentioned which would probably be more inclined to purchase heat exchangers from TPG. I don’t think they are lacking in the sales team and the ability to talk to the right people. More a case of change in direction for existing product use.

https://www.tpgroupglobal.com/news-events-and-insights/case-studies/tp-groups-innovative-approach-to-hydrogen-generation-storage

https://www.tpgroupglobal.com/news-events-and-insights/press-releases/tp-group-evolves-its-hydrogen-generation-capability-to-deliver-green-energy-systems

https://www.tpgroupglobal.com/what-we-do/bespoke-engineering-solutions/renewable-energy-systems/hydrogen-enerygy

1,000,000 buy from yesterday at 4.95p. Was at the top end of the bid offer spread for that time yesterday. £49.5k. Very positive position building.

Flying under the radar. Have been acquiring different companies in space and consultancy. They renamed in 2017 to TP group which I believe was to reflect technology & partnership. Yes, they make a profit and have many offerings including AI. They have a NAV which is approximately £30m. This would have to be checked via the annual report. Very promising company with a low MCap in comparison to its peers/competitors.

an alternative would be to look at TPG. They have been developing electrolysers for 40 years. This is just one of the industries they work in including defence, space, oil and gas and consulting. Have an annual turnover of £58m, and a large pipeline of business. The hydrogen and oxygen production using the electrolysers has been used in submarines for years but more recently they have started to look at its uses in generating hydrogen production from waste energy and water from solar and wind. Well worth a look, current MCap is just £50m.

I know how Beach feels Athansius. Someone has to be positive. Today is another dull day. A bit of a ramp to let of some steam is what the doctor ordered.

Has this presented a buying opportunity or likely to drift lower yet. A combination of a number of things have caused the drift lower but as seen many times before can very quickly turn around and head back up.

Personally I am an accumulator not a trader so will be looking to add more on any significant drops.

The senior leadership team at AFC need to address this and provide a positive update. I just get the sense that with everything they are working on they just find getting it over the line very difficult.

Over promise and under deliver like a bad used car salesperson.

some positive news of sales will smash his last shares out in no time. They would be gobbled up. Not the first time we have been here waiting for a persistent seller to clear. Once they've gone it should head in one direction.

Smacks, I can't see this news ever released by RNS. This may have had a fundamental effect on the SP considering the nature of the gas produced and the market sector being currently very prominent. Was this ever released as anything more than a press release ?

Adastra, are we saying then that TPG not having the word power or energy in their name is the only thing stopping them reaching MCaps in line with CWR or ITM?

I guess it’s just not fashionable to actually return a profit if you are in the green tech sector. Would assume the market may get a whiff of this and perhaps reach the dizzy heights of some of the other hydrogen producers in the sector, ITM being one of them.

Not sure if I am missing something here ? Or are my assumptions that simple ?