Member Info for Gitfinger

B3

"or perhaps like others here did not bother to go to the AGM. Well I did, and I can tell you they are delivering, not sales, but tangible progress in that direction"

Point 1. Broken record.....so you went to the AGM, good old you, that really gives you another level of authority and credibility. Not.

Point 2. Who told you that they are making tangible progress in the direction of sales? It wasn't the company that gave away £2.0 M of sales income by any chance, was it? where is the actual evidence to support this claim, or it it just more lame apologist hot air?

Jimmynan

You're sort of right, and sort of wrong here. The key issue is one of insider trading and market abuse. The time frames are not actually set out, so in theory, if it could be proven that a director (or even employee for that matter) bought shares whilst he was in possession of knowledge that was share price sensitive, then he could be open to a charge of insider trading (which is a criminal offence) irrespective of the lead time between him receiving the information, and making the acquisition.

In the situation you outline, so long as the director / employee had no prior knowledge (which he obviously wouldn't do, because the price sensitive action took place after the purchase) then the insider trading rules wo0uld be very hard to apply, so in this respect you are correct.

However, in the real world, and being mindful that insider trading is indeed criminal, most companies have very strict rules on the timings of purchases, basically to ensure that, if there is price sensitive information within the company, and even if this has been ring fenced, there can be no accusation of market abuse; generally, the accepted moratorium 28 days either side of a price sensitive event. Not statutorily laid down, but regarded as best practice.

On that basis, I suspect that Garonne may ultimately be proven correct on the matter of sales in the short term, but whether that is as a result of a director buy, or a wider malaise, who knows......

B3

“But they are snouts that earn value for the company”

Doesn’t look like the market believes they’ve added a lot of value to date though, or are likely to in the near future….

Never mind, just keep repeating the Uber mantra “ I do believe in AB, I do, I do”

Anybody got a rational explanation for the alteration in the terms of the share option agreement? IN the previous 2 agreements, there was a specific benchmark price and target prices below which the entitlement reduced dependent on how far adrift the share price was at the point of vesting. This appears to have been jettisoned, and I'm just wondering why?

Hahahahah!

So Bond has worked hard for those options.........So what you're saying then is "ahhh bless him, he can have a load of value at the expense of you shareholders, never mind the fact that he has presided over a massive downturn in the company's apparent market cap, but he possibly maybe might have worked hard for his not insignificant remuneration package"

Do you not think that the bloke is a little bit tone deaf, or have skin as thick as a rhino to allow the release of this insult to shareholders who took him at his word in good faith?

Pandy

On the basis that anyone who dared question the management, direction, or progress of the company was vilified by a small number of posters who were unable to accept any view other than that which showed absolute and unerring faith in the company, is it hardly surprising that they are feeling somewhat vindicated at the moment?

Agreed, it has been like a playground, but in every playground there are bullies, on in this particular playground, it is the ubers who are the bullies, aided and abetted by a number of apologists who attempt to be "the voice of reason"

In hindsight, knowing that there was a bonus share award looming for those highly productive members of the team, it might have been a good idea to short the thing, given that there is a vested interest in the price being lower at the point of grant......

This RNS absolutely stinks. We have seen a significant reduction in share price over the last month, and at precisely the point the share hits a low, VERY SIGNIFICANT share awards are made to the CEO and CFO which are dependent on performance over and above what could be (but unlikely to ever be proven) and artificially created low benchmark…..

As they say, timing is everything, and this timing is absolutely p155 poor, or incredibly cynical…..you decide….

Ooooooo……touchy!

Just pointing out that this is the standard mantra trotted out time and time again when you have no valid counter to an argument, along with the other key phrases in the Uber lexicon…..”not a shareholder….blah blah blah……etc.”

Must be really difficult having taken an Uber apologist stance for the company and it’s CEO on,y to see it rewarded by a jumbo pay packet for him, and a dismal share price for us…..never mind, jam tomorrow…..

On the matter of the CEO and share purchase, he could, of course issue a statement saying “sorry folks, the road has been far more tortuous than we anticipated, so I’ll forego some salary, or even “I’ll forego some of my salary in exchange for options” at least that would demonstrate contrition or skin in the game, but at the moment there is no evidence of either, or indeed movement towards genuine commerciality…..

PS……so who’s the disrupter over on the happy place then?

B3…..what is it with this obsession with people attending the AGM? As if attending the AGM adds any more credibility to any conversation. All it means is that the attendees have been mug enough to waste their time and travel costs to listen to a pre prepared presentation that will only tell you what they want you to hear and no more….

Until the company has a product able to deliver reasonable charge on an on demand basis without the need for any form of battery backup, then the company is dead in the water. If the so called green energy device is reliant on such a lithium heavy component to be able to deliver its nameplate capacity, then, when viewed n a holistic basis, the whole USP of the product is shot down in flames…..On demand is where where we need to be, and I fear we are a long way away from this at the moment….Ubers, please feel free to provide evidence at allay my fears…..

so the share is at sub 18 pence, and all the ubers can come up with is a purile attack on dw based on what they think he may do for a living…., is there really nothing else left in their ****nal?

ok, all of you oh so mighty uber genius investors, what do you do for a living that makes your view so ichihara more valid than dw’s?

not expecting an answer from the newt wrangler or anyone else….

Anyway, points 2,3,and 4 don’t apply to anyone who expresses any form of doubt on this forum, because apparently WE’RE NOT SHAREHOLDERS…..so goes the Uber mantra when we say something they don’t like, and can’t respond to sensibly….

B3

That is absolutely priceless…..the Ubers have run out of ammo (actually, probably run out of road) and now the arch apologist is going for the sympathy vote…..I would have thought that anyone prepared to accept the salary package he does without delivering any tangible evidence of progress must surely have hide as thick as a rhino, so playing thd “woe is us” card is a little bit rich, not to say disingenuous…..

Bit like Haggis then......

"O dear o dear. Do you people make any money investing? You seem very ignorant in how to value peri commercial opportunities."

So says the sage of investing.

I quote "Orders could come at any time and this is important in my decision to invest now. AFC has a considerably smaller capitalisation than notable peers eg Ceres. This is simply because others have turnover and are accepting commercial scale orders. Ceres’ turnover is modest, so it will not take a very large AFC order book to justify a re-rate towards Ceres multiples - and we are already looking at £11m next year"

Well that went well, didn't it?

Escala

Its all right getting on your high horse about Daz quoting a required share cap of £1.0 Billion in order to reach a £1.00 per share price, but the simple fact is that, if you look at the number of reckonable shares (shares in issue plus options and warrants) the an MCap of £770 Million would be required, which still in itself represents an increase of £638 Million over the current MCap, so all that criticising his maths does is really show that you have no valid response......as per usual.....

B3

I can assure you that none of the other so called basher contingent are down to me, I work on glorious isolation, and don't feel the need for make believe friends to support me. There may be multiple identities at play, and these may be malign, but at the end of the day, whatever any nutjob says on here will have no effect on the underlying share value, as that will only be driven by those with sufficient critical mass of holding to be able to influence the price by strategic offloading or onboarding.

Me personally, being invested (actually true, in spite of the assertions that many will make) I want the company to succeed, the problem for me is really down to one of trust in the management, simply because of the lack of transparency and ambiguity in what is issued. If we see clarity and transparency, then I may ultimately become as enthused as I one was, but until that time comes, I reserve the right to air my views, however unpalatable or uncomfortable they are to those who hold an opposing view.

There is a constant criticism levelled which is that the basher contingent constantly twist the truth; there may be instances of deliberate misinformation which is indefensible, but do you feel it appropriate when someone merely makes a counterpoint to what is, at the end of the day, only the perceived truth of those who wish to see it that way?

Ok, you got me bang to rights......I'm all of the basher contingent wrapped up in one. I even have my own watsapp group where me, Daz, AIM, Garonne (and not forgetting DW) where I have multiple conversations with myself. When I'm talking to myself, I decide amongst myselves what today's topic is going to be, and which particular persona is going to take the lead. Sometimes, I even have multiple devices lined up, already logged in, so I can make multiple postings in an instant, in an attempt to make it look like I'm different people, but I guess I've failed in my cunning plan, because the Ubers are too damn bright and have seen through it!

The worrying thing is, some of you will no doubt take this at face value and actually believe it, but then again, when has taking the incredible at face value not been the modus operandi?

M3

Paranoid or what ?

There IS NO CONSPIRACY………It’s just a bunch of like minded people airing similar views……it’s a bit like me saying that McRampup and Jonnyboy are the same person, or mumble bumble and Pommygit are the same, which is, of course just as much nonsense as saying that all of the negative posters are one and the same……