Member Info for dtyland

Sturmtrupper,
Surely these are not MM and institution holdings? My shares are somewhere in Barclays Bank Plc (Private Banking) +1.31m / +5.45% 25.35m nominee accounts.

Let's just take it one step at a time. Even at 40p that takes us to an MCap of £170m and back to the 2015 share price. To substantiate that value we would need a few suppy contracts and a significant order book.
I am also cautious about the Southern Oil news story and who initiated it. A slow, steady price rise would be heartening to move towards my buy price.

i'm not a great believer in the reduction of greenhouse gas emissions from vehicles being the panacea for climate change, but I do support a low carbon hydrogen economy as an antidote to toxic emissions of various forms of particulate matter choking the air we breathe, which is why I have invested in AFC and similar companies.
I welcome the recent increase in trials of hydrogen powered vehicles across the world, but I have some concerns regarding hydrogen safety, flammability and fire risk. Are there any conclusive tests and reports I can be directed to for background reading in discussion with friends?
I know your pain Notes, but we are all suffering.

Hello AnneOwl,
Just seen your question and have been deciding whether your query merited a response. After the AGM we were taken to observe Jim McAllister's BMW being charged on another part of the complex of AFC offices. We spoke with an AFC employee.who was doing the demonstration and explained that the hydrogen supply and system of stacks was situated at the back of the office. So no, we did not directly see the fuel cells and charging system.
McAllister is the CEO and founder of Rutland Partnership who formerly owned Dunsfold Park and sold it to Trinity College, Cambridge. Rutland is a privately owned property development, management and investment company and is now working in partnership with Trinity to provide the management for the implementation of the Dunsfold housing project. Trinity has the 999 year lease of The O2 Arena since 2009 and investments in similar projects for its pension fund.
If you are challenging the temerity of McAllister to allow his car to be used to publicise AFC, Trinity Federated Pension Scheme's investment in Dunsfold and the authenticity and ability of AFC's system to generate electricity for EV chargers, I wonder why you actually follow this Forum?

Thanks to all for summarising the statements made at the AGM, some of which I had missed.
Like most of the forum members, we are currently sitting on a hugely, damaging loss that will make quite a hole in our retirement funds. My wife has never really understood why I first invested in AFC and have held on for so long, which is why I brought her to the AGM this week, to hear firsthand from Rennocks and Bond and to talk to other investors.
We both came away feeling quite positive about the new strategic direction of concentrating on developing the installation of EV chargers under the agreement with ROLEC, finding partners to install Off Grid Generation Displacement units, whilst continuing to improve the efficiency and viability of the larger stacks, and development of the High Power Density AFC, as well as continuing with other projects to see how they develop (Southern Oil, Stade, etc.).
In comparison with previous chairmen (like Yeo), we were strangely impressed with Rennocks' professional performance and he certainly had "balls" in making his various statements, knowing beforehand what he would be faced with from the shareholders. I would certainly give him another year to provide the market with some positive news releases. We have full confidence in Bond.
Our main disappointment was only to be shown the BMW being charged, whereas I had been hoping to see more of the workshops and other buildings, not just what seemed to be a room especially hired for the meeting. I had also hoped that the discussions on the housing and power systems for Dunsfold Park would have been more advanced.
I am looking forward to viewing the Proactive interview and in seeing if it makes any impact on the SP.

https://www.afcenergy.com/investors/aim-rule-26/securities/

Major investors are still holding.

This is the most positive news that I have heard for years. Looking forward to hearing more details at the AGM and seeing the Dunsfold site and getting to talk to more AFC staff.

Previously posted by Desertwolfch, but includes some nice new quotes and photos:

https://www.telegraph.co.uk/cars/news/uk-firm-launches-fuel-cell-charge-point-electric-cars-will/

Now a demonstrated proof-of-concept with a Tesla car really could stir the market !


https://uk.webfg.com/news/aim-bulletin/afc-energy-shows-off-hydrogen-fuel-cell-vehicle-charging-tech--3693956.html

Piller2post. I've been a holder now for ten years but I've never seen 80p before; when did you buy? We were promised two or three news releases at the AGM during 2018 and this is the first real positive.piece of news. Thanks AB. I can see that the price rise could be due to the prospect of AFC selling electricity generators, but I don't quite understand the link with more hydrogen powered cars being sold?

I am getting on now and losing interest in the time-consuming commitment to closely following the stock market and am subsequently in the process of handing over my life savings to wealth managers to invest for me.
To meet with their regulatory and compliance risk they are not permitted to hold individual shares in companies, particularly any AIM stock like AFC Energy. As a longterm investor in AFC since 2009 I am reluctant to give up on them now that they are just beginning to move towards full commercialization. I was also persuaded by the professionalism of the new members of the Board on meeting with them and Adam Bond at the last AGM. He obviously had some good contacts in Australia that we didn’t even know about, apart from all the other opportunities and partners that we know AFC is currently working with.
Despite the best advice from my advisers to sell AFC, I have managed to persuade them to let me continue to hold 800k shares within an Execution-Only portfolio outside of their control, with a view to holding until the end of the year. Although I do a little of my own research on AFC, I must admit to relying a lot on the regular posters on LSE and other boards, so thanks to all for getting me this far along AFC’s journey. There are thousands of small, new companies with brilliant ideas to invest in, but very few can bring them to full commercialization and then to expand their growth organically. I believe that ten years is a reasonable development period for a small start-up company in Dunsfold. I’m hoping that AFC Energy will be one of them.
My thanks will be a bottle of Lanson Black Label at the next AGM.

I have been holding a large number of AFC shares virtually since they were first listed. I will be attending the AGM again tomorrow and will need more than the usual promises of jam tomorrow for maintain my holding much longer, which is way above the threshhold I find that I can keep in my advised portfolio. I managed to sell a good chunk when they were over 50p and followed Abramovich in at 5p, but since then I have missed a lot of the growth in the market by falling in love with a company. I hope to meet some of the regular names on the boards tomorrow.