Member Info for Bananaman2

What date are Q1 results expected ?

But why the drop ?

Actually seeing a drop across all FTSE shares today. Some now at crazy prices again.

Monkfish, my theory is that there is significant uptake of crypto from II's which only a few months ago would perhaps not been permitted or too speculative. Given the drive towards web 3.0 and DeFi stocks such as Argo and KR1 which are not Crypto but correlated with their performance (or at least should be) have been targeted by II's and this has caused an attack on the SP washing out retail investors. Fundamentally both businesses are now trading on ridiculous valuations with no real sign of a reversal yet. This will knock retail confidence (psychology) whilst they mop up cheap stock before pumping this sector up again. That's if the retail investors are not spooked by such a false drop as we are seeing. Why would both be happily trading away at 50% over current value and at some point previously, double current value.

Yes. Thats how I see it.

Possibly a move away from 0.5 towards 0.6p this week. Things are clearly moving in the right direction.

Was this previously 154p ?

These are for value targets also. Not 1 year PTs

Seems we are all buying EQT again. Anticipating the next leg up ?

I do hope so.

Thank you Haggis. I had asked yesterday why DUTCO were so keen to invest. I appreciate the previous MOU from 2015. I guess you have answered why they may be so keen.

Best not overlook this investment. Only half what ABB put in but Dutco only have an interest through BK Gulf.

I don't know about anyone else but I find this very interesting.

You forgot Dutco on that list. Now invested to the tune of £1.5m. Why ? Why would they do that ? What's coming from them ?

I think this conforms there are some chunky orders coming in H2 from the middle East and through ABB for EV charging system.

Data centres is also going to be a big market for AFC stationary power and working with ABB will open the door to many customers. Just see who ABB work with.

Ticking away in the background is Ricardo on shipping and locomotive.

Let's not overlook the investment from Dutco. What's that all about ??

Absolutely AnneOwl.

ABB are thinking big. Data centres and EV charging. This is a big development and deal for AFC. Minimal discount to the current SP.

It probably should be higher than that already.

So why do the BoD not do anything to change this situation ?

What with Aquis and OTC pink it's like the wild west.

Its an easy 100% gain even from the 2.7 value.

Yep, and based on your £7.4m per month at 0.86 margin, when using this as the constant and a PE of 20, Argo should have an MCap of nearly £1.5bn and a SP of £4.

This disparity is widening and presenting a huge buying opportunity again. Argo has substance not just an empty shell.

So based on that what do we expect the H1 interim divi to be when results are announced next month. This would be paid in June I believe ?

Yep, strange reaction yet again. Revenue will be up kn previous quarter based on the higher basket price and FCF up after Capex on Vulcan.

Sit back and enjoy accumulating. This shareprice is an anomoly

Sotolo, apologies.