The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Jhinboy, the point is that the kind of person who is willing and motivated to take profit and pleasure out of other people's loss/pain is unlikely to have a line that a normal person would have. I stick by my words.
The behaviour of a number of posters today has been utterly sickening, even by normal standards. The sector has taken a 48 hour hammering and the pondlife that have been at best deramping and at worst shorting the stock have been relentless in their attack on the company.
If it had not been for the sector-wide attack then today's presentation would have been seen for what it was, a very positive and informative one, but the scum that inhabit AIM and this board in particular have tried their best to twist the facts and sow seeds of doubt. I, for one, hope that karma exists and that it comes back to get these unpleasant individuals very soon.
The most toxic day that I have seen in a long time on a day that should have been a great source of confidence and genuine debate.
Oops, I meant to write "8% down on the placing price the day before the event"
Well, I certainly didn't envisage this being 8% down the day before the event but all I can do is wait and see what happens tomorrow. We all know that it can rebound just as quickly if the news starts to flow and/or the tide turns direction.
Even by 2021 standards, the drops today are pretty jaw-dropping, especially as there appears to be no real reason for it. 16% for ITM and 11% for CWR but, as usual, I suspect that there will be a bounce back with the transfer of shares from the impatient to the patient continuing at a faster pace than normal.
Meanwhile, anyone who missed out on the placing has a chance to buy in at a lower price.
It is encouraging to see this fund consistently adding its stake in AFC. £9,324,000 is a good size investment and it wouldn't take too many more new funds to do the same to give AFC the sort of strong shareholder base that seems to have been lacking in the past.
This low volume walking down of the SP absolutely stinks of manipulation. 7 days in a row now and back to the oversubscribed placing price. I suspect that the tide will magically turn soon
I see that the attempt to have a very low volume walk down continues, for the 6th day in a row, no doubt with the full backing of some of the "shareholders" on here. Bring along the next good news, a high volume jump up, then rinse and repeat. A Friday lunchtime curveball to catch them out before the long weekend would be most welcome!
Indeed, BB2. They have an agenda, and will bend the truth (aka lie) to try to achieve it. We have seen this for years but they have been consistently wrong, without even a hint of an apology. Someone was asking for examples of market manipulation earlier. Hey presto!
It is not even correct for this calendar year. There is no defense to this drivel, unless you want the SP to fall for some reason. People who listened
over the lastt couple of years would have lost out on big gains. Where is their apology?
On a more positive note, at least Kalkin Media are capable of checking basic information.
https://kalkinemedia.com/uk/amp/stocks/aim/5-promising-aim-listed-renewable-energy-stocks
5 Promising AIM-Listed Renewable Energy Stocks
April 29, 2021 02:05 PM BST
AFC Energy PLC (LON: AFC)
It is an alkaline fuel cell system developer working with an aim to provide clean electricity for on/off grid applications. The UK-based company’s product is now used in electric vehicle chargers, power systems and gas plants.
ALSO READ: AFC Energy Plc collaborates with Extreme E
The share of the company pegged at GBX 68.40, up 0.44 per cent on 29 April at 11:15 am GMT+1. It has traded in a range of 12.5 GBX to 92 GBX over last year and has given a return of 369 per cent in last one year.
Recently, it received an equity investment from commercial partners, ABB worth GBP 3.25 million and Dutco of GBP 1.5 million. The proceeds shall support the product development of high power sustainable electric vehicle (EV) chargers. It shall help the Company scale industrial capacity to satisfy possible future demand. On 28 April, it appointed Dr. David B. Harvey as its new Chief Technical Officer, who has over 20 years of experience in technology & innovation.
I see that the pathetic Motley Fool did another hatcher job on AFC earlier today which wouldn't have helped. How these lying toads get away with this year after year amazes me. They can't even get the huge share price rise over the last year right and claim a 10% drop, let alone provide any proper analysis. Disgusting at best.
https://uk.style.yahoo.com/style/2-uk-hydrogen-lithium-stocks-101936754.html
With a market cap of half a billion pounds, some investors clearly see potential in AFC’s future. Over the past year though, the shares have drifted down 10%. Could that make this a good time for me to buy AFC Energy shares?
My answer is no – the shares currently feel too speculative for my own portfolio.
A very convenient view of price sensitive information that suits your narrative. They could say many things that give confidence to the market.
The combination of low volumes and the magical £500 million MCap gets more perplexing by the day. I keep waiting for someone to press the starting gun before the event next week and with the long weekend ahead there aren't too many trading days for this to happen. As others have said, an update on Acciona should help but I remain hopeful that there will be lots of valuable information about this and other areas in the presentation/webinar themselves.
It is funny that Nico mentions Arsenal as an example of another sport. A match made in heaven?
Don't forget to watch the longer version at https://youtu.be/-gvhQAli-bs
Adam seems very cheery, as ever, but I can't help but feel that AFC is about to play a big part in decarbonising the world as he essentially says.
I am pretty amazed that the market forces are allowing this to be walked down so close to the placing price considering that it was apparently oversubscribed, was accompanied by good news, is at a time of hydrogen sector recovery (albeit with a slight blip today), has been followed by today's appointment and will lead into the event next week.
Sometimes, I feel like I live in an alternative reality, more often than normally over the last year! Patiently waiting for the rebound and rerating whilst slowly rolling my eyes...
Daz, whilst the lack of contracts is frustrating, my view is that this possible cause for concern is more than offset by the regular newsflow including the plethora of key new appointments, and new partnerships, as well as the very positive recent placing that included ABB, Dutco and AFC personnel.
All of this, together with lots of comments by AFC and its partners, suggest that contracts are close and I am comfortable to give them the benefit of the doubt, especially as the landmark first capital markets event when the company will lay out its plans for commercialisation is just 1 week away. GLAGLTH
Good to see a short positive note from WH Ireland this morning. I agree with them that the important bit is that "Dr. Harvey will be focused on further accelerating commercialisation
of AFC Energy’s “S” series high-density alkaline fuel cell system and AlkaMem®
technology."
They then follow up with some positive comments about the future.
Meanwhile, I see that the sellers are continuing to put pressure on the SP. It is starting to get a bit suspicious, yet again, so perhaps we need to bring out the £500 million MCap theory once more!
Or watching the share price doing what it was doing this time last year!