The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Wow just wow! The odious one returns from his self imposed exile (I thought he had me on ignore). I'm a realist Jim not an obsequious dreamer like you. Remember your absurd prediction about shareprice growth last autumn. You have zero credibility. Grow a pair and call out this outfit for misleading investors for years and failing to deliver on its grand announcements. And yes I'm a shareholder but one that doesn't tolerate deceit.
The fact that it wasn't completed and CE marked as promised in 2023 Pommygit and recent remarks by Bond about problems with the software delaying completion for another year, is proof enough for me that they can't deliver on it. It all sounds very AlkaMemesque.
Let's be honest here. The big prize was the 200kW units for ABB but unfortunately, as I always suspected, perfecting the liquid cooled high power unit would prove to be beyond AFC's capabilities just as AlkaMem was. Without David Harvey they would literally still have no commercially viable product and he only arrived 3 years ago. One wonders what they were doing prior to this. The company's been going since 2006 and achieved very little in that time. Bond must be one of the biggest bluffers on Aim to have been able to keep the gravy train chugging along for so long, in his case from 2014.
Https://www.dailymail.co.uk/news/article-13292521/Saudi-Arabia-forced-scaleback-Line-project-NEOM.html
Looking like the hoped for Saudi business could be in jeopardy!
Https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://money.usnews.com/investing/news/articles/2024-04-10/goldman-sachs-lifts-china-2024-growth-forecast-to-5-0%23:~:text%3DApril%252010%252C%25202024%252C%2520at%25208%253A49%2520a.m.%26text%3DBEIJING%2520(Reuters)%2520%252D%2520Goldman%2520Sachs,in%2520a%2520note%2520on%2520Wednesday.&ved=2ahUKEwia_66YmLiFAxVkif0HHRVQBHMQFnoECBUQBQ&sqi=2&usg=AOvVaw2Tjf1niK70oY5PyyDD-hbl
This downer on PRU because of doing its business in China etc. is way over done. Hoping for a bounce back sooner rather than later. 🤞
Https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://www.cityam.com/is-the-london-stock-exchanges-aim-in-terminal-decline/&ved=2ahUKEwiBwMyPkLiFAxU8_AIHHTtnCK0QFnoECDcQAQ&usg=AOvVaw23fTLqDYSGJI8yAD44iCkp
Raising funds won't be easy. They'll need a good salesman but unfortunately ....,.....
1.4 million shares! You'll be getting a seat on the Board soon johnboy! Some on here post in terms of AFC being a sure thing, guaranteed to succeed and become a hugely valuable company. Where they get this confidence from is beyond me. Just listen to the CEO when he breaks cover to give interviews and answer questions. Do you think he's of the calibre required to achieve such great things? I certainly don't!
I suspect ABB's 200kw unit no show was the main reason for the dire revenue figure. Let's face it, that's where the real prize is i.e supplying power dense units to the likes of ABB but unfortunately this appears to be beyond AFC's capabilities.
Https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://www.dailymail.co.uk/news/article-13278721/amp/Planes-collide-Heathrow-Virgin-787-jet-hits-wing-British-Airways-Airbus-tarmac-stunned-passengers.html&ved=2ahUKEwjX7fa_1q2FAxWzTUEAHWNZBUAQFnoECBsQBQ&usg=AOvVaw0bO8lUm9xOUSMPtX_hWJ0W
That'll cost a few bob to repair.