Member Info for Bondy123

Absolute rubbish.

If I had a pound for evey post that said something like this over the years, I would have made up my loss....

Whichever way you put it, from the POV of us shareholders, it is a trial. They are going to decide whether it is worth buying or continue to lease the thing after the initial period or not. This will come down to a number of unknowns, but I imagine mainly if it works as intended and if it is perceived as good value for them to invest in to.

For now. It’s a trial as far as I’m concerned.

(Beat you to it, Haggis) lol

It will take 3-6 months to get a new ceo through the door, unless he is currently unemployed. You got to factor in the process, then his notice period. As such it could be after the current financial year.

I don’t think he’s homesick. It’s one last piece of BS I’m not willing to accept. I don’t know what it is, but it’s not homesickness.

He’s obviously become a distraction in himself and is perceived by many, not just people in this board, to not be trustworthy. One possibility is that they know this year’s revenue is not going to be good, so they’ve asked him to step aside in advance to make it look orderly, in return for something yet unknown, but probably something to do with stock.

Another possibility is that they’re about to / aim to do a transaction with one of the two business units and they’ve bet that a new ceo will bring more confidence in to the company valuation, so AB needs to step aside, or be seen to be out of the picture. This would explain why he’s still in the picture like a lingering bad smell.

As for Helikon, who knows? Either they have balls of steel, or they know something we don’t know. I am starting to think it’s the latter, which would beg the question, what do they know and who has been giving them their information?

It stands about half way inbetween the two posts below....

Over the course of 13 years, no analyst forecast for AFC has ever come true. Sorry, but that's just facts.

Haggis, the argument is : despite all of this great news, the shareprice keeps falling. Why is that?

The one thing that will push this up is new news on sales of fuel cells. When will that be?

Don’t you remember your protestations that MM’s won’t let this drop below £500m? What happened?

We have been set up to believe orders and revenue is incoming and the best RNS they can come up with is that one unit that was due about a year ago is on its way. I’m sorry but this just looks desperate.

They told us only in the interims that the system was due to go out to acciona within the next month. It’s not even there and they’re issuing an RNS? Is it just me or does anyone else think it’s a bit odd!? Personally I don’t care to hear about it until acciona are actually buying the thing. I don’t care to hear about it on its way to a trial!

Maybe. Maybe after all these years my glass is indeed half empty.

I’m actually sick to death of this type of RNS. ‘We gave it to the courier, it’s nearly there!’. It’s an absolute joke and I find it quite almost offensive!

Not exactly a blockbuster though is it?

Right, but let's be honest, there's not enough stock for any tom dick and harry to rent them, so there's no point putting them on a public facing website. I imagine the short term process is, as mentioned here previously, to offer them to key clients, through key client partners, who will be helping build a pipeline - and who have been taking their clients to AFC.

Or, he's been pushed as a peace offering to the market...

Came in with a tremendous amount of bluster ten years ago, openly speculating on what the share price might be (7p-£7, etc). He also suggested that the previous management and ceo wasn’t really up to bringing a commercial product to market, and that he was the man to accelerate things. ‘Place’ etc.

He then proceeded to tell us, over the course of ten years, that the product was basically there and commercialisation was by the end of the year, every year and earned an enormous amount of money doing so. He was clearly a rookie and terrible at determining product market fit, as a number of times he took us down a route that didn’t end up being appropriate before he learned on the job that perhaps you should listen to the customer first. Enter the latest version of our fuel cells.

Credit for hiring the product leads, and (finally) creating a set of products that are interesting to a market (or should that credit be David Harvey’s). Once we’ve finally got some decent products in place, he couldn’t help himself again and started to use OUR resources on yet another project, the cracker. He did manage to socialise afc with a few good companies though (speedy, etc).

Now don’t get me wrong, I’d love the cracker dream to be a reality but I believe this really was his downfall. This manufacturing partnership should have been live a year ago.

Looking forward to getting a new ceo in that everyone can buy in to and, ultimately, trust.

There’s a £26m order book for fuel cells, let’s find someone who can build on that further and deliver.

Are you stupid?

I do not know*

The way I see it is that, at this stage, there’s no point speculating positively or stating it is the worst case scenario. We’ve just got to wait for the half year report and take it from there. Markets fluctuate although I do admit to thinking we should / would have been in a better position by now. I don’t think many people would truly disagree.

I’ll be honest with you. If it goes down from here much further I’m very much going to be kicking up a stink, but rightly or wrongly my position is to stick. Whether that is the right decision or not, I do now know. So there you have it.

Nope - I'm certainly a million times more positive about AFC than you are, Garonne. AFC have been putting the blocks in place - prepatring the facility, doing partnerships for scaled component manufacture, getting commercial partnerships in place - including the one with Speedy.

I like most, want AFC to focus on fuel cells and showing us more about where they are. You, on the other hand need your head checked if you're still invested.