Member Info for haggismchaggis1

CB2,

I have some ITM stock, my main reason for that is the huge cash pile and the sales pipeline, but they are dragging their feet (as any ITM holder will tell you on the ITM discussion board) and really need to get production going way faster, or the backlog of orders will keep growing whilst revenues will stay the same, cash burn will increase, and the cash pile will keep getting smaller. There is of course plenty of time to sort it out when they have that much cash, but the moaning on their discussion board is far more genuine than anything you'll see on this board from the con men.

He also mention in the podcast that ABB is not exclusive. That and the mention of 'companies' he is telling us loud and clear that ABB are not the only company AFC are working on EV chargers with.

I wonder now if this is going to lead to a company taking the Power Tower EV Charger ahead of ABB?

Correction! Not sure where I got Polar from, was supposed to be Rolec!

In EV Charging we are working with COMPANIES like ABB, so there are therefore more. Rolec is still one of them too, IMVHO.

Ammonia from the recent $50Bn deal could replace 1/3 of the gas imported to Germany.

That gas is mainly used for baseload power, so he must be talking about Fuel Cell Power Stations.

What excites you that you are working on in the background?

He can't tell us much as it would be giving too much away too early, but then goes on to talk about the EU getting Ammonia from Australia which could replace 20% of the imported gas, and he sees a big opportunity in that.

The only thing he can logically be talking about at that scale and perspective is fuel cell power stations.

I said ages ago that with the S Series we could bring back the design of the AFC SuperGreen Power Station from almost a decade ago.

Japan is also going to import Ammonia to burn in power stations, and this would be another place that AFC SuperGreen Power Staions could be used.

Looking a few years ahead obviously.

Scarpa,

Where are you seeing May?

The web page on Zeus website just says:

1. Adam Bond
AFC Energy - 8th June 2022

Scarpa,

Where are you seeing May?

The web page on Zeus website just says:

1. Adam Bond
AFC Energy - 8th June 2022

In EV Charging we are working with COMPANIES like ABB, so there are therefore more. Polar is still one of them too, IMVHO.

Scarpa,

Acciona deployment next month, so July, not June.

ABB finding the grid is becoming constrained or is non existent where they NEED to install EV Chargers. In other words, the sales pipeline for the S Series is already there.

For the numpties that say Extreme E provides no clients or value, AB states in the podcast that it has put AFC in the limelight with the off grid power market, and we are getting calls from people because they saw us on TV.

Hydrogen Sulfide as another fuelling option, he says our fuel cells can accept Hydrogen from it.

Have a read of this
https://www.sciencedirect.com/science/article/abs/pii/S0360319918332129

https://zeuscapital.co.uk/adp-podcast/

As ITM are selling systems, will dw and garmoan etc be putting AFC behind them, going off and buying ITM stock, and then spending 24/7/365 moaning about how slow ITM are shipping those sold systems?

Thought not!!

They know AFC has huge upside, otherwise they wouldn't be here 24/7/365.

ITM poor results have dragged the sector down. The one thing supporting their MCap is their cash pile, but if they don't get on with delivering what they've sold at a much faster rate then that cash pile will continue to be chipped away by the operational losses and costs of expansion.

ITM -13.8%
CWR -6.8%
AFC -4.7%
PPS -1.1%

ITM
Expected unaudited financial results for the twelve months to 30 April 2022:
-- Revenue of GBP5.5m (2021: GBP4.3m), impacted by:

o Deferral of 24 MW Leuna delivery of completed products and therefore revenue recognition of approximately GBP11m into FY23
-- Adjusted EBITDA loss of c.GBP36.5m (GBP21.4m), impacted by:

o c.GBP7m Increased skills acquisition

o c.GBP14m project delivery & production ramp up
-- Cash Burn of c.GBP52m (GBP37.7m), impacted by:

o c.GBP7m Product Development of MEP 2.0 and GEP 1.0

o c.GBP20m Ongoing WIP and inventory build

o c.GBP5m Production equipment for Bessemer Park
-- Net cash at year-end of GBP364m (GBP176m)

Brent Crude $123.91

Oh yes, and that well known factor, the market always prices the stock AHEAD of news.

And ahead of earnings, hence the use of the Forward P/E to determine if a stock is cheap based on future earnings. Using Forward P/E based on AEX's income from gas sales and it's known non-operator cash burn will create valuations well above where we are now, everyone KNOWS that. As AEX approaches gas sales, they will become very relevant to ii's via broker notes, and that is when they will step in and hoover up the stock, well ahead of gas sales happening.

…. will have seen the AFC Energy name everywhere.

And they will have seen the Fuel Cell EV Charger and Power Tower as well.

Having the Power Tower right next to the headline eVTOL from Hyundai is excellent PR on it's own.

I wouldn't call the video disappointing, far from it, as it's not about AFC it's about UAP, yet still includes many scenes showing the Power Tower and AFC branding, which they could have easily edited out.

Also, the FCS team have all been there and will have seen the AFC system. The reason it's not detailed in the video could be because they are planning a separate video dedicated to AFC. Feel free to suggest that to them on the video comments, as they certainly won't be reading comments on this board.

It's also more about what the visitors saw when they were there, as we have only had a tiny bit of info on here about that, but we can all see that visiting trade, business, dignitaries, politicians, fleet owners, etc etc will have seen the AFC Energy name everywhere.

rogerk,

Thanks, and spot on! :)

Garmoan is a liar and a con man, his moans are not genuine they are just a repeated attempt to destroy any positive sentiment for AFC stock. As others have said for at least the 2 years he's been posting the same fake moans, if he wasn't happy with the stock, why has he not sold the stock and put his money into stock(s) that would get him his loss back and then into a profit, the reason is simple, he is not sitting on a loss (unless his trading abilities are as hopeless as his attempted ruse) because he's just been trading in and out of the stock for at least 2 years, posting nothing when the price goes up, selling out and then repeating his fake moans to try and get the price back down so he can bay the stock back cheaper again. Same daily con man mind games that many on here play. So obvious that nobody needs to be slapped with a wet fish to wake up and see it.