Member Info for Bananaman2

Waiting until today could have saved them £7 - 8k.

As you say, eager.

Well, may be bad timing but just taken just another 2k's worth at 22.44p. Restricted buying for me and will continue to add on this retracement. Feel sick as probably well over exposed now but nothing worse than wishing you had bought more when the price is on the up.

Not quite how I feel now, but just hoping for big movement upwards very soon.

Come on AFC

Phats, I wish I could believe it. Went out for an hour and come back to a 4% drop. From 29p to 21.5p in a week ?????????????????????????????????????????????????????????????????????????????

Very tempting to add but got caught out the other day with what I though was the bottom at 24.8p. No volume, no real selling just pure manipulation.

Nothing has changed fundamentally.

Well I do hope so ChippyJo. I have been checking the website all week for answers under investor presentations, just like where they put them from the AGM.

Seems a deliberate attempt to avoid answering questions. However, it did clearly state what the questions should relate to.

For some reason this made me laugh

'An ocean sun installation consists of one or multiple towable floaters'

The mental image of this in my head was quite amusing.

Sorry !

Pepe. Absolutely. This is my point. It is not a large sum to take a 3% stake

Pepe. You are of course correct. The first shares admitted to AIM were well over a week ago and I assumed that if there was a significsnt interest, the time for notification had passed. Also these were tax free shares ? So I am not clear on the implications of holding these in respect of who can actually hold them.

That leaves just 80m from the 3rd admission. But as you have calculated Schroders have take 30m leaving just 70m for distribution. Thats still over 10% un accounted for. Perhaps between 4 or 5 new IIs and therefore ne need for a TR1 as below 3%

Must be no news or bad news inminent ?

How ridiculous is this market ? Absolutely nuts ?

Yes. The advertising and PR is worth millions. May not be the commercial sale of the century but has the PR benefits of a global advertising campaign

I only placed a stop after jumping in without proper research. I figure that a few hundred quid potential loss is worth the risk by getting in early enough to benefit from a rise. Having researched in more detail stops are now removed and have topped up a little today averaging up.

Too much coming this way starting anytime from now. Just holding a small amount back incase it drifts lower.

reaction. I think there are several expected RNS that may land within the next 7 trading days that could make this move

CE approval was underway back in May. I would like to think that this is just a formality and AFC have been chasing this. It was raised as a question so hopefully this will be confirmed as we are approaching 3 months and still no approval notification to the market and shareholders.

This is important detail and essential for sales i would expect. Also a large piece of the jigsaw which is currently missing. Hoimg they have bee chasing this so as to be able to provide a positive response in the Q&As

Taken a couple of thousand at 56.76.

Saving some incase of further drops before expected news.

Just waiting for the lowest top up price. MMs can't give them away this morning.

Doesn't make sense really. But if they insist.

DJ69, we all have the faith in the product and tech. Its just the market in general and the way it reacts to news.

It will get there and when it does the upside is huge. Much better value opportunity than sector peers.

From the fundraise RNS

'The interim results are expected to be announced in the week commencing 20 July 2020'

OK we have 1 more day plus today.

Seems that they need to buy or do something rapidly to try and get hold of the situation.

Where are the answers to our questions ?

Who owns the other 80 odd million shares ?

Where is the half year report ?

Must be holding something back. Thats all I can think. When they release this it should be phenomenal. If there is nothing in there, why not release on Monday ?

Cats. We have done this before using the estimates within the Paul Harrison interview. PH stated that based on 20Mw capacity the profit would be in the region of €6 - 7m before EBIT. Taking off a bit of tax and using a PE of 14 this equates to an SP of 25 to 30p.

Verditek are increasing capacity due to the projected pipeline of orders and demand. This is likely to be 55Mw at the Italian factory. Achieving orders to fill capacity could return the same profitability maybe better due to economy of scale. But let's just use the x 3 multiplication of profits and PE of 14. SP could be 75 to 90p

Verditek are also looking for licencing deals to increase capacity further which will only add to this valuation.

Figures are also bases upon the lower sales price of €1.00 per watt whe Verditek could achieve more for different clients where there are perhaps different requirements.

So based just on the flexible solar the SP could be anywhere fro 75p to £1 plus within 12 months and beyond that with capacity increase much more.

But this is trying to make sense of the market and fundamental analysis. When does that ever run true to form ? It could go much higher or never get close to these figures. These are the chances we take.

The Paragraf JDP is not factored in yet. If this is successful and the JDP can prove a panel that can produce 50% more efficiency from a standard size panel it would transform the solar industry. What valuation would you put on this ? It could be £100s of millions or even £bns. This could send the SP beyond what is imaginable at these levels.

The caveat is that this is AIM. Nothing makes sense or goes to plan and we should always be aware that when we need to sell in a rush you may not get the price you wanted. We see this alot where there is no liquidity when we try and buy or sell.

I have been invested in AFC energy for 10 years. I believe in the tech and the Hydrogen sector is very prominent. It will be for some time. Currently they have a valuation just 1/6th of peers in the sector and in some cases this only 1/10th of the more highly valued. If they get things right there is a good chance they could exceed the value of their peers in 12 to 24 months. Market does not value them at the moment and over the last few weeks has taken 25% of the SP, possibly due to dilutive effects of placing but they have never been in a better place. As with anything you must do your own research. Clearly you have done before investing. Nothing is straight forward or goes to plan and an exit strategy should be a priority. Dont trust anything anyone says (including me) on a discussion board, don't make investments based upon what someone writes.

These are my opinions and certainly not advice

Coleey. You are not the only one to receive this letter. Seems some random testing will be completed throughout the UK.

Can't see that this is anything other than out test ?

Then it must be an absolute given that an agreement will be in place imminently or has already been reached ? Why send out the letters if this was or is not the case. Can only assume ODX will be issuing this in a RNS within days.

Whats do others think ?