Member Info for Garonne

I'll tell you why Red because as a genuine holder I don't like it when the CEO puts out misleading information exaggerating the readiness of the company for commercial orders and then proceeds to manipulate the mother of all pay rises for himself. If he was delivering fair enough but he isn't so this is cart before horse shenanigans.

We're all losers here Johnny except Bond of course who's coining it in. I don't understand why all genuine holders are not seething at the disparity between the CEO's fortunes and theirs. He's taking the Micky and all you can say is long and strong. Well it's been long and weak I'm afraid johnny thanks to the unexplained disappearance of the multiple orders Bond told us to expect. A complete joke of a CEO.

Why did you not wait to fully load at 24p Johnny? You've been loading up at all the wrong shareprices. I get the impression you haven't a clue what the SP will do in the future. None of us do as Bond can't be trusted to deliver. You're just hoping and praying or maybe you've been exaggerating about loading up and are just a ridiculous ramper. I hope this recovers but I don't see anything coming from Bond or the company at the moment that fills me with confidence that it will.

Looks like 27p is proving a difficult but to crack. It used to be 40p. I guess that's AB's idea of progress!

Sounds like ABB are forging ahead in the EV charging market. Wonder when they'll include AFC in one of these deals?

That's interesting Klunk and hopefully has some substance to it. We never did hear who were trialling the AlkaMem samples and how said trials turned out. If it was Enapter that suggests a degree of collaboration. Maybe there's some commonality on the AEM used by both companies. In any case we need to hear if AFC's AEM research and design is bearing any fruit. If it works AFC will succeed massively but at this stage it's still a big if. Of course the complete silence on this doesn't help and has contributed to the relentless SP decline.

It's not BS keV unfortunately. Where are the expected orders? Is Bond's remuneration package excessive for a loss making company with no commercial orders? Shareholders deserve better here after years of waiting.

One thing's for sure, Bond has overplayed his hand and has lost any remaining credibility he had as a result. Middle of 2022 and his multiple orders are still to materialise but at least his remuneration package continues to grow exponentially unlike the company order book! It's really a disgraceful situation and shows no respect for investors what so ever.

Well argued Seg and of course you are right but what has peeved me is Bond's exaggerations which enticed investors to part with their money, money which has now greatly reduced. I like the little camper van Idea but now can't afford one lol

I don't really care what you think Alt. All I know is that AFC are not delivering and other companies seemingly are. Looking at Enapter's website they're offering readers the opportunity to get a quote done for potential orders. I wish AFC had a website by like that!
https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.enapter.com/&ved=2ahUKEwiMs5m4sPv3AhXOTcAKHdBnDdoQFnoECA4QAQ&usg=AOvVaw0wFb0X61KWmA2PirawBDW3

Sorry that reply was to Seg.

Fair point Cheek but at the glacial pace of R&D at AFC I'm genuinely worried that another company will be the first to perfect a commercially viable AEM and therefore have first mover advantage. I don't know anything about Enapter but let's hope they're encountering problems as they strive to perfect their product. AFC need to get their AEM out in prototype form asap and hopefully working as intended so they can start to commercialise their S cell and fulfill the ABB contract.

Thanks Cheek. I do try! I just hope Bond et al pull their collective fingers out and make some commercial headway before it's too late!

Looks like we've got competition.
https://www.proactiveinvestors.co.uk/companies/news/983219/johnson-matthey-invests-in-electrolysis-specialist-enapter-as-part-of-green-hydrogen-deal-983219.html

It's difficult to make a successful investment in a company when the CEO gives out misleading information on future projects. According to him AFC should've been selling myriad fuel cells by now but to the dismay of many this has proven to be a fantasy with investors left nursing heavy losses as a result.

I'll take any positive at the moment slow. RR stock has been under attack since February so if there's bullish commentary on the company, I'm happy to hear it even if it's from Motley Fool. RR should not be priced so low given it's order book and future potential not to mention hugely increasing revenues as long haul flying recovers.

I agree with Motley Fool on this occasion i.e. time to buy!
https://www.fool.co.uk/2022/05/22/at-85p-are-rolls-royce-shares-a-slam-dunk-buy/

I was getting excited for a bit there but just like Friday, there's no substance to the rise it seems. Oh for some news on anything just something to give this a proper boost. I read Alt suggesting that due to the nature of the jobs advertised recently it shows that AFC are still deep in R&D. Whilst R&D will always be ongoing there should be market ready products available now. Why would Bond boast so much about imminent orders if this was not the case? I hope the large number of jobs on offer actually signifies the ramping up of production to fill orders. Thinking logically I don't see how any company would commit to increasing it's expenditure on salaries exponentially if there wasn't an expected income stream to offset the increase. Surely they wouldn't spunk the £60 million purely in the hope of creating a commercial break through?! Using that logic, there has to be something brewing!

So not new money. I like your confidence that AFC might start to outperform CWR and ITM. If we were to get confirmation of sales the shorters would be in trouble as I believe the SP would respond very positively. It's still all ifs and buts though and very frustrating too. I just pray all our collective patience pays off soon as watching the constant SP carnage is depressing. Good luck anyway with your new AFC shares Space and hopefully you'll soon be laughing all the way to the bank!

Wow Spacerat! Did you really but £60k worth this week? What's giving you confidence to invest such a large amount?