RE: Extreme E going global with AFC and Lewis Hamilton27 Dec 2020 11:15
Good post skins.
Sentiment, and hype can often lead to large and unjustifiable mcaps for AIM stocks during their early years which is why they are very difficult to value properly imo.
As with any share though, this can only take you so far, and eventually delivery and the generation of cashflow is what is needed to give some substance to the company and lead to a more 'normal' way to value the company, especially vs any peers (also confirmed orders/cashflow is key to getting away from placings and opening doors to alternative, and better sources of fund raising, when needed).
I believe that the news seen in the last few months is showing that AFC is ready to deliver now, and there are various other factors that mean this sector will be in the spotlight for the foreseeable future, so 2021 will hopefully be AFC's time to shine, and ExtremeE should be a catalyst for this.
Not usually one for predictions as my often conservative ones have always proven to be well out (over), but I am as confident for continued growth here now as I am with some of my main market holdings recovering strongly next year.
It won't be a steady uphill SP climb, it never is, but looking forward to the year ahead.
gla