Member Info for Bananaman2

Looking stronger today. Maybe that was a buy after all.

Nice Chippyjo. I can confirm I am an investor in TPG but have much more skin in the game with AFC. Skin4 has nothing to do with me but very good word association. Never even realised the link. I was merely having a discussion about a very loosely related business that is making good progress.

And almost back to back to yesterdays close.

This market is really beginning to pi** me off. Nothing is rational or makes sense any more.

What is it that is seen differently to what I am reading ????????????

Completely irrational to sell on news which just reaffirms the resilience and diversity of the business in multiple sectors. Perhaps the European Space Agency is just not as sexy as Hydrogen

Surprised, fingers crossed. Something must hold this back. High volumes this morning yet rise has reduced to a poultry 4.3%

Doesn't make sense when you look at the fundamentals against others such as ITM and CWR

Skins, TPG are a great value business. They not only have major contracts with the MOD and the European space agency but have a 40 year history of developing electrolysers for producing oxygen for submarines. I am not sure how long they have moved towards the use of the electrolysers for the use in the renewable sector but they certainly have the client base to develop modular system for generating hydrogen for storage from wind and solar systems. The recent achievement was related to medical grade oxygen which is now under further development with interested parties. The significant thing here is that when they produce oxygen they have fuel cell grade hydrogen as a by product.

Todays RNS demonstrates the resilience and diversity of the £65m MCap business receiving E18m of orders for Sapienza which was a recent addition to the group. Very diverse business, well funded and actually profitable. Unusual for an aim business. Can never work out why a business like this sits with such a low MCap in comparison to others in similar sectors. Also not a one trick pony having multiple business streams including defence, space and oil and gas engineering as well as the buzz sector of hydrogen and renewables. Last year turnover was almost £60m.

Would love to see AFC with that level of revenue and a full order book

Truro. But they did make a profit. Not sure at the time it considered any Salienza income. By including them in the group there must be some economy of scale in respect of management overhead. Fingers crossed this year is a more profitable year. Dividend would most likely be a token gesture but would show good intent.

Adastra. That would be an SP of around 13p which would still present great value. But may be very achievable

very sub £100MCap. Looking at hydrogen sector business TPG could justify that without the other arms and legs of it business.

As I said. Demonstrated resilience and diversity. Plus the ability to work with high end customers and return a profit. Maybe the markwt will wake up a little to TPG.

Great RNS. €18m work ordeds for the newly purchased Sapienza.

Fantastic work TPG. Just goes to show the resilience of this little gem and the diversity of the business.

As I said before. Not a one trick pony.

Something, just something.

I guess we will never know. If it was a sell they got a very good price. Spread was 4.8 to 5.0 so bang on mid price.

Bid ticked up later.

Either that or there is going to be one big

BOOOOOOOOOOOOM

AND LIFT OF TO £2.35 per share.

Sorry. Thats how its plays out in my head. Or has done for 20 years now.

What really pi55es me off is waking up to an RNS which states the following

'The net proceeds of the Subscription, the majority of which are raised from a single overseas institutional investor, are intended to enable the Company's ability to fulfil orders following the Electric Vehicle demonstration programme commencing in December 2019'

Well that 'demonstration programme' is long gone. We have various other raises of capital to fund what ? Well it certainly isn't sales.

I assume its acceptable to lie to the institutional investor and intimate that there are sales in the pipeline and proceeds are to fulfil orders.

LIE

Come on AFC this is very poor PR and zero shareholder value. Your integrity is very much on the downward slope at the moment. What is the problem and why have shareholders not had any value added performance.

same again today. Mid price keeps changing so trades not as they appear. Anything 7.5 and up is a definite buy and this morning anything 7.4 and up.

Slow market at the moment. But still attracting mainly buyers

volumes dropping off now. Price is holding up which is good and perhaps reflects more realistic value than 2.5p or £7.5m MCap.

Some good news wouldnt go a miss.

Let's hope so Andy. Great buy in price. Some LTH have paid much more at certain times in the last 10 years.

If we didn't believe in AFC and the product we wouldn't still be here.

Someone please tell me if this is correct

The oxygen gas system consumes 100kw and 200 litres of water per day to supply up to 100 beds with a continuous supply of oxygen. No need to change bottles.

At 20p per kwh the overall cost would be approximately 80p per hour plus the water cost.

The byproduct from the electrolyser would be hydrogen ? This could be stored and used at peak energy times to run the electrolyser from energy produced from a fuel cell ? Which TPG also produce ?

If these figures are correct then surely this is brilliant. The detail on the site clearly states 100kw of energy NOT 100kwh as this would equate to 2.4Mw in a day which is huge.

AKA. Yes. I am invested in AFC. Have been for a long time. What does that matter ?

AKA. You need to do some more research if you think containment is an issue.

The cost of oil was prohibitive when it was discovered. It hasn't stopped us being reliant on it for a very long time

https://www.h2-view.com/story/businesses-call-on-chancellor-rishi-sunak-to-commit-to-uk-wide-hydrogen-strategy/

The fact is that green renewable energy will be expensive but with investment it will come down in line with other sources.

I agree energy in energy out is not efficient but it becomes efficient when you are utilising power which would ultimately not be used or generated. Think of a wind turbine during off peak times. They could continue to generate power and convert sea water to hydrogen. This cost nothing but is an economic way of storing energy for when the demand requires additional resource.

Hydrogen fuel cells convert hydrogen more efficiently than buying fossil fuel or hydrogen in a combustion process and it is clean.