Member Info for Fuelcellinvestor

Already at 74 recommendations, despite the massive treeshake this morning. This would appear to support the theory that the company has a lot more supporters than the tone of this board would suggest. Let's hope that the SP starts to reflect this soon!

The popularity of the "20 people" thread has got me thinking. Given the way that this board has been dominated by negativity for weeks, is it possible that we have lost sight of the fact that the vast majority of people who read this board actually silently believe that AFC has a bright future?

Please recommend this post if you believe this and let's see if we can get more support than for the "20 people" thread. Who knows, it might even create some some positivity to counteract all that negativity!

I not that ITM is up 8% now so still hoping for the usual slightly delayed recovery over here on AFC.

It does look like the assault on the sector has made buyers more nervous than a couple of weeks ago but if the bottom has been reached then confidence could return quickly. The fact that ITM, which we know has been officially shorted, is up 6% should help to calm the nerves, especially as AFC tends to follow ITM/s movements.

Good to see some local coverage mentioning AFC in the Dorset Echo. Let's hope that an Extreme E extension to next year is one of many contracts to be announced soon.

https://www.dorsetecho.co.uk/news/19735588.st-helena-ship-arrives-poole-extreme-e/

St Helena ship arrives in Dorset for Extreme E

By Sarah Cartlidge @sarahcartlidge
Audience and Content Editor

A former Royal Mail ship which has been transporting freight for an off-road event which sees electric vehicles race in remote parts of the world has arrived in Dorset.

The St Helena has clocked up more than 19,000 nautical miles transporting Extreme E’s race freight and logistics into Poole.

The freight includes the all-electric ODYSSEY 21 race cars – three of which are entrants for teams founded by Sir Lewis Hamilton, Nico Rosberg and Jenson Button - the AFC Energy system including solar panels and hydrogen fuel cell to charge the cars emission free, two Zenobe second-life batteries to power the paddock, plus everything else required to create a race site in remote locations without event infrastructure.

This will now be set up in the British Ministry of Defence Base at Bovington.

Alejandro Agag, CEO and founder of Extreme E, said: “It’s certainly been a busy month but a very rewarding one. It’s hard to believe that Extreme E is now preparing for its final X Prix of our inaugural season and that the St. Helena is back here in the UK where she departed nearly a year ago - and what a year it’s been!

“We are so excited to be ending our first season in Dorset in the UK. Despite the incredible places we have visted so far this year - Saudi Arabia, Senegal, Greenland and Sardinia - the landscape here is equally as amazing and there’s no doubt that it’s certainly going to be challenging for the cars and the drivers. I cannot wait!”

The cars and series’ equipment departed Sardinia’s port of Cagliari, Italy, before making its way westwards across the Mediterranean Sea towards the UK, guided by a pod of dolphins for a whole afternoon during the voyage.

The crew will spend the next few days unloading all of the freight on board for the Jurassic X Prix which takes place on December 18 and 19.

Jgbb, I agree and I am as frustrated as anyone about the fall in the SP but I have been around AIM long enough to know that the SP can behave very strangely (for lots of reasons) and I would not want to sell due to a falling SP if I felt that a company was going in the right direction - quite the reverse, in fact!

Jgbb, I have no way of knowing what any individual is doing, regardless of what they write in their posts. I understand your your points but, for me, the question is whether I would be buying now if I had sold at 80p+ earlier in the year. My answer is a definite "yes" as the company has no much more going for it now than then, regardless of whether it has taken 6 months or so longer than expected to get there. Everyone else needs to decide for themselves but I am very aware that a lot of people want to convince/scare others into selling whereas my point is that, if I wasn't already full onboard, I would be buying at this time.

From my experience, as a general rule , the harder that people are working to convince you to sell (and last week saw a very concerted effort IMHO) then the more likely it is that you have something that they want, but nothing is certain in life. GLALH and DYOR!

Whilst I appreciate that it has not been the best year for the sector in general, including over the last couple of weeks, it is very interesting to see the change in narrative from so many "shareholders" since the start of the year. I can clearly remember all the very optimistic share price predictions at the start of the year and, since then, the company has made huge strides, including a successful large placing, new partnerships, proving of the technology with Extreme E, signing the first major contract last week with ABB, greatly increased broker targets and lots of positive updates.

I accept that progress has been slower than hoped but none of this changes the reality that the company is in a far stronger position now than at the start of the year. So many of those same people who were filled with optimism then seem so negative or despondent now, with quite a few claiming to have sold out or reduced their holdings.

The kind explanation is that it is simply herd mentality, with them having gotten carried away with the hype 11 months ago but with them now getting carried away with the fearmongering now. However, many recent posts make me suspect that many people are actually playing the game of talking the company down in the hope of lowering the share price for personal gain.

Whatever the case, it seems to have far less to do with the company's performance/potential and far more to do with the short-term vagaries of the share price and I am suprised that so many people have been sucked into this way of thinking. Now would seem to be the worst time all year to sell or to doubt the company, with January being the best time when the share price was much higher and far less commercially developed, but there will no doubt being a sudden flood of optimism/hype soon enough and, as ever, time will tell.

They don't seem to have much reach normally but it is heartening to see that they have taken the effort just now to turn their written story (with ACV typo!) into a video in English, French, German and Chinese.

https://youtu.be/LPPrvAziXhg

Whatever the reach of these videos, I really do no think that the market has begun to appreciate the potential significance of last week's news but let's see what happens this week.

You just have to look at the trading pattern to see that someone has tried to inflict maximum damage to the SP. 17 million shares traded including the very large UT trade at the end, with literally thousands of AT sells in small batches. This would be a suicidal way to sell shares so there must be an ulterior motive behind it. Add in the fact that ITM/CWR did ok today, with much lower relative volumes, and it is clear that this attack was aimed specifically at AFC, rather than being a sector wide one like in the past. All we can do is wait to see what happens next week but I am in no doubt that some people are making money out of targeting AFC this way even though many people will deny that this is even possible.

I note that, after a short lunch break, the aggressive AT seller is back with as much vigour as before. Nothing to do with genuine market forces and in start contrast to the US sector's recovery, once again.

What I am saying is that some people will be deliberately talking this down whilst others will be drawn into negativity as a result. Ultimately, the only person who knows a person's motives is that person themselves. I have to admit that I am very surprised by the brazen nature of this latest barrage of fearmongering at this particular time but I suppose it just confirms that fear is a very powerful emotion.

I note that the SP is hitting new lows as I type and I am in no doubt that the negativity on here is at least a contributing factor to this drop, regardless of the flippant comments from certain posters. I wonder when the wind will change direction this time.

I can understand why people fell for the fearmongering when there were long periods of silence. However, falling for it when there has been the first proper contract signed, buys from the chairman 2 days in a row and a very positive interview from AB is very difficult to understand. It is amazing how many "shareholders" now seem to have developed concerns at this key moment in the company's development.

No doubt everyone will suddenly become super positive again when their entry points are reached but, in the meantime, I will certainly not be falling for the fearmongering.

DW, even by your standards, you seem to be reaching for negatives. Why? As AB says, there are actual systems now being deployed, with ABB likely to be up to £12 million committed and a lot happening behind the scenes. This strikes me as a very different narrative to the previous ones that you refer to.

Fantastic interview. It is clear that the commercialisation process is progressing faster than previously expected. Busier than they have ever been and starting to see the light at the end of the tunnel for being profitable. Not many similar companies with much larger valuations can say this...wakey, wakey market.

It seems pretty obvious that GB is trying to signal to the market that he believes that the significance of the ABB news has not been understood by the market and that he believes that there is a lot more to come from AFC.

Clearly, we would all like AFC to pump out news daily but sometimes we have to read between the lines. AFC have stated that they expect multiple orders, new products, new partnerships etc and nothing has been said to change this. It seems pretty unlikely that GB would keep throwing money away, or that ABB would continue to strengthen the links, if there was even a hint of a problem. Time will tell but the signals keep on getting clearer as far as I am concerned, regardless of what the day traders and others who want to influence the SP in the short term want us to think.

Whilst the SP is getting walked down again without any real justification, I wonder if we will hear more about the Abu Dhabi partnership soon. I am still struggling to understand why AFC have said nothing about this. Meanwhile, the Middle East office of the Department have mentioned it today.

"The MOU was one of five sustainability partnership agreements signed by Her Highness @Shamma_AlNahyan at @COP26 which also included: @AFCEnergy , New Agrarian and First Abu Dhabi Bank (FAB)"

https://twitter.com/tradegovukMEAP/status/1461277425858404353?t=zbpAb6wB_qf-9nLZz2nWaQ&s=19

This followed up from their earlier tweet, as a result of one of the other companies , Solar Water PLC, writing a Linked In article a couple of days ago so it shows that they are not under a media blackout over it, unlike AFC.

I agree with BB2 and DW on that one. By the way, it looks like the brakes have been released...

Ironically, my post was immediately followed by a bit of buying and a slight rise. Who knows, with ITM and CWR showing some strength, the brakes might finally be released, allowing AFC to act like a normal company that goes up on good news .

Haggis, all I see is continued relentless selling. AIM is the wild west at the best of times but something really stinks about the trading the last couple of days and IMHO it has nothing to do with AFC's progress or potential,with the "market" having supposedly given no value whatsoever to the game changing announcement yesterday.