Member Info for Desertwolfch

Well done and a company acting responsable....
https://www.morningstar.co.uk/uk/news/AN_1585825675280391400/coro-energy-fires-ceo-after-refusal-to-accept-covid-19-related-pay-cut.aspx

I know AFC has a tendency with MOU`s signed, so I won`t discuss if they should or could release them, but other companies whith probably a better communication follow up release Mou`s signed, also when restricted with whom !?
https://www.waterstofmagazine.nl/11-nieuws/716-usa-hyzon-motors-teken-mou-voor-levering-van-1000-bussen-op-waterstof

I dont like this type of interpretations, but here it gives a clear signal and is right and a matter to think about, from the insider and institutional report the following statements: Specially interesing are the insider ownerships and what we own...

The company’s largest shareholder is Hargreaves Lansdown Asset Management Limited, with ownership of 14%, The second and third largest shareholders are Capital Accumulation Limited, Asset Management Arm and Schroder Investment Management Limited, holding 12% and 7.6%, respectively.

On further inspection, we found that 52% of the share register is owned by the top 6 shareholders, suggesting that the interests of the larger shareholders are balanced out to an extent by the smaller ones.

Insider Ownership Of AFC Energy
While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO.

I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions.

Our information suggests that AFC Energy plc insiders own under 1% of the company. It seems the board members have no more than UK£572k worth of shares in the UK£70m company. Many investors in smaller companies prefer to see the board more heavily invested.

General Public Ownership
The general public, with a 17% stake in the company, will not easily be ignored. While this group can’t necessarily call the shots, it can certainly have a real influence on how the company is run.

Absolutely right RV, thats what we do too... stay in touch communicate and use the time

Another shi@@ diesel generator delivered, business is done
https://www.linkedin.com/posts/tom-lane-48a84824_generator-bahrain-temporary-activity-6651065395639795712-AUN1
This generators depending on beeing used or new and the manufacturer costs between 70.000 and 150.000 Euro, this one probably more likely around 100.000 plus, so would be interesting to know the costs for a AFC container unit, the large ones when ready...

Absolutely BB a good example, "Don`t smoke" but governments make millions on taxes, besides no one speaks about what they make on alcohol and that this is even bad. In the end money deceides. But if we speak of what hey make, take for example the atom energy consortium, they say its cleanest and cheapest, yes its clean when nothing happens, its cheap in production, but if you count all the substitutes together then its not and specially if they need to get rid of the waste which is then mostly 90 % on the government or consumer side to finance. Look at Germany, the Energy Companies got huge money to get out of atom energy, even for old places which anyway would have to go out of order and besides this energy production places where already refinanced over all the years operating, its a shame if you look into the details...... put all this billion sinto new energy cases and you are done tomorrow....

The petrol and the atom energy have huge lobbies and are still subsidized largely, to turn them away from this and not just let them greenwashing this has to end, then you will see sudden and quick changes. Put the omoney they get into green energy, but with control, and you see very fast changes and switching and create new jobs as the industry will not be eleminated right away and jobs there will still stay.

We all knew it, but perhaps a few people wake up
https://edition.cnn.com/2020/03/31/asia/coronavirus-lockdown-impact-pollution-india-intl-hnk/index.html

This is what managers in general earn in a comparative company in Europe

And that is not the net salary
Junior Associate Manager 30.000 – 48.000 Euro
Associate Manager 55.000 – 65.000 Euro
Senior Associate Manager 60.000 – 100.000 Euro
Manager/Principal 65.000 – 115.000 Euro
Senior Manager 90.000 – 130.000 Euro
Managing Partner / Director 95.000 – 150.000 Euro

No wonder that AB stays no matter how hard the wind blows into his face....

300000 is a payment for companies which have turnover.... and we speak about pounds not euros

Sorry my mistake, he got 3.000.000 in 2018, don’t know for what, but anyway 300.000 pounds are overpaid plus plus plus, I think if he would be a responsible CEO , he would cut down to 100.000 to 150.000 at this times. A company with no income, which needs sales and or still R&D should not blow out most money on a Ceo , but on other stuff. For half of his salary you could get probably good additional stuff hired, that is a side effect right now . Companies which have cash or still operate can attract a lot of good people right now ! For what he delivers he earns much to much and if he would act responsible and not just fill his pockets he would cut his salary, out and over !

He got in 2018 and just in 2019

Its in German but again examples of how CEO`s cut or take down their salaries in this times
https://www.food-service.de/maerkte/news/corona-massnahmen-hilfe-durch-gehaltsverzicht-44996?utm_source=rss&utm_medium=referral&utm_campaign=news&utm_term=

Mr. Bond wouldn`t 100.000 be not enough at this times ?

You also got 3.000.000 shares and housing allowance,
private medical insurance, pension and a company car.

Hi BL yes, saw that but thought maybe someone could see more then I , Interesting to see it when finally released fully with all details. But Thx

Shale Oil and Oil Sand manufacturers will be done and that is good so, the first are under BK already now. If you want to see anything positive from the Covid and Oil Price War situation, then that some of this really dirty enviromentally damaging businesses will dissapear.

Can anyone find more information ? Thx
https://patents.google.com/patent/GB201917740D0/en?assignee=%22afc+energy%22&oq=%22afc+energy%22&sort=new

BB, its just so funny that always only AFC has this type of agreements with no disclosure, a lot of other companies in this industry announce their cooperations or ongoing business... What`s so secret ? They don`t have to show any fuel cell inside or technology secretcs ?

Whatever happens a solidation of shares or not does not matter much, the value will be the same, if they dont dilute then again like crazy and news will follow with a clear sign of non further diluting. The share count is to high, so better increase it now and then consolidate it with the merger and a story plus an insurance that further dilution will be eleminated, at least dilution to finance the operation of the company....

I am pretty sure that something is happening, but as always BOD and AFC communication is junk

https://fuelcellsworks.com/news/powercell-signs-contract-with-leading-european-shipyard-regarding-fuel-cell-system-worth-msek-77/

Wonder where AFC is here ? Whats about Intralink as they are in the market there...

“Hydrogen produced at FH2R will also be used to power stationary hydrogen fuel cell systems and to provide for the mobility devices, fuel cell cars and buses, and more,” Toshiba said in their press release.

https://reneweconomy.com.au/japan-begins-solar-powered-hydrogen-production-at-fukushima-plant-89645/