The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
mcstock
aren’t these sell side analysts meant to be a bit analytical? on the basis that the company can’t issue anything without it being veiled in ambiguity, how well do you think they will do in a q&a session? did you honestly think that their performance was even remotely believable on the investor thing, where they were using rehe****d answers to cherry picked questions….anyway, who are these mythical ii;s you keep referring to? aren’t most of them simply holding entities for individuals acting on an execution only basis?
Daz
Why would they? What would the new bod do all day? Les has already secured the amazing £26 order book (hahaha!) and that’s before you even factor in the millions they’re going to get from ABB….you know, they’re the ones who are meant to be buying the 200kw unit that would appear to have not met any milestone performance targets for over a year….even better, as Les has done this all on his own, why not give him Robin’s salary as well…..
Ten
Touched a nerve?
Read the RNS…..another exercise in ambiguity. It doesn’t say in what quantity….
If my research is that poor, how come no one in the Uber camp ever comes up with a credible counterpoint….ok, you tried, but have failed miserably…..saying “I’ve seen some pictures on the company website” or whatever isn’t really valid comment…..how about you say something like “I hear what you say, but actually, in independent tests, X kg of ammonia was put in, and you of H2 came out, it cost Y kw to do it…..” call me lazy if you like, but only after you’ve done the proper research needed to de bunk my assertions…do my questions have a bias? No, I say it simply as I see it and invite valid counterpoint…
mcstock
i'm sure that the company will reiterate all you say.....so that's fine, just because les says it's jam tomorrow again, we can believe him?
ask yourself the following
1. the company is undervalued....by whom? obviously not the market, because the share is going down faster than a **** in an apple bobbing contest.
2. why have the forecasts not included anyting for the 200kw unit? the abb thing was such a big deal, and all of the apologists were touting the great relationship with abb as the excuse for the share giveaway. might the non inclusion of the 200kw units in the sales projections have something to do with the fact that the deal has gone cold, and performance milestones not been met?
3. is the ammonia cracker actually a thing yet, or simply a proof of concept? you simply don't know, and the caveat on any perceived value needs to be "if it works"
4. your last statement is a clear incitement for pi's to buy in....that, in anyone's book is a ramp...shame on you.....
Contsructive
"The speedyhire Units are being built & the first one as already been delivered, as you well know"
Oh, of course, there are photos all over the place showing vast numbers of operatives busily putting units together...but there aren't, are there? and one unit delivered? that equates to about 0.5 percent of the contract total, assuming that the capex is intended to be remotely commercially viable.....
"The Hydrogen cracker has been built & working for awhile now & plenty of large companies are coming to see it in operation every single week. ( as you well know )."
Where have you seen anything to suggest that its anything other than a small scale lab prototype? Those with long memories will recall that we had the same thing with fuel cells a few years ago, where a lab prototype apparently worked, but when attempts were made to scale it up, it wasn't viable.
"ABB unit is abit behind schedule & being built & tested at this moment followed by CE marking. ( as you well know.)"
So far "a bit behind" that the company hasn't been able to reckognise any income from the contract for 12 months, and have effectively stated that they have no intention of doing so.
"So stop spouting your absolute crap on this board, your just embarrassing your sad self with your blatent lies"
Just because the statements don't fit your narrative doesn't mean that they are doo doo or lies. If you honestly believe that they are, then please feel free to support your argument with those things that are called....oh, what is it....facts....
AGM’s gonna be great!
You can just imagine it…..well, it’s like this….we haven’t generated anything by way of reckonable income out of the ABB deal in 12 months, they haven’t said they’re gonna buy anything (otherwise we’d have included it in our fantastic (literally) sales forecast ) we’ve got a lab prototype cracker that will take years to develop, and we don’t even know us ammonia is actually a cost effective storage / transportation medium, we’ve got a deal with Speedy, but we can’t tell you what the terms are (but we haven’t said whether any units are in the process of construction yet) and the market doesn’t really buy into all of this spin…..never mind, another year, another £600k…….”
And the response from the Uber acolytes (the only ones dumb enough to waste time actually going)
“All hail the Adam……All hail the Adam…..All hail the Adam….”
Here's a question for one and all......The £2.0M supposed sale to SHS under the terms of the JVA.
How many units make up this initial sale?
Is the £2.0M solely in respect of the sale of the capital goods, and if not, what is the attribution of the headline £2.0M between capital goods sales and support and H2 supplies?
Has a value been applied to the cost of "services" being supplied by Speedy?
Until we know the answers to the above, the Speedy deal carries very little credibility and it's just another exercise in ambiguity.
Daz
Looks like the wheels are starting to fall off the bus (oh, no, that's going to happen on Thursday, of course)...Here's a wizard new application....why not target Billy Smart and Gerry Cottle to see whether they want AFC to power their circus tents. Surely there must be some sales empathy amongst clowns.....
Garonne……I can’t wait for the pair to arrive in their big flappy shoes, in their EV which will have been charged by the now redundant extreme e unit, only for the wheels to fall off….but that will be fine, because they’re probably about to announce a H2 powered flying machine that will only take about a million years to develop. And the assembles acolytes will just lap it up!
Stock
Oh, get a grip! the "basher troll in the amply of the shorters" line is a complete myth. Anyone shorting this doesn't need the assistance of anyone on a board that no one takes any notice of. The simple fact is that the fundamentals determine the price, and not wishful thinking by a bunch of deluded fools.
Here's something to ponder....If the power of board sentiment had any power whatsoever, how come your relentless ramping (you won't call it that, so let's just call it upbeat speak) has done nothing to raise the share price, whereas, if the "basher troll" theory holds good, those malign souls in the employ of the shorters have been able to do a better job than the combined might of both you and the AFC PR machine? Either the fundamentals are not good, and the market knows it, or "me and my mates have got a bigger swinger than yeaow!" your choice....
Ahh...the old "you have no valid voice unless you waste a day of your life going to an AGM where you wont get any more substance (and that aint a lot) that is already available out in the real world......
Ask yourself this, unless you're retired, unemployed, or "working from home" (so, basically anyone who isn't really contributing to the economy) why would you give up a day's valuable pay / holiday to attend, when all of the rose tinted comments will be cherry picked and posted here, and any truly salient points will simply be ignored.
As for me, modest investment, doesn't owe me a lot, could put a few bob in the bank in the long term, but at present, just seems a lot more whiffy than it did when invested all those years ago... so quite happy to sit here an call the uncomfortable truth....The undeniable uncomfortable truth is that we DO NOT WANT BOND OUT because if he exits, then confidence will implode, and this could well go to zero, so we need to accept that, unfortunately, he's kind of the only game in town....Doesn't stop people feeling aggrieved about the performance achieved during his tenure, and the remuneration received for the singular lack of progress.